[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency

[hd49728]

The market has a first test for the new year. Bitcoin crashed about 20 percent today and is bouncing back. Altcoins are not strong enough to maintain their prices at good. I see a good thing from a test that is necessary for bitcoin. Altcoins also need it to fuel their rides. Altcoins can not rise much if bitcoin catches all capital on the market.

Altcoin season will come next weeks or months.

[Alexey45]

Altcoin season will come next weeks or months.

100% you are right. Altcoin season has already arrived for ETH, LTC and others.
Obviously, in the first BTC pump of $ 42,000, they forgot about DASH, hammered into the floor.
And now all that remains is to hope and pray for the second wave of the Bitcoin pump.

[qwizzie]

Dash is doing remarkably well during this Bitcoin correction (which i think is part of a much larger Bitcoin correction long term).


Source : messari.io

There is some active Dash buying against BTC value occurring, that still keeps us at the plus side (at least for now).
Bitcoin marketcap dominance : 68.8%



Dash is surfing through the Bitcoin waves. Sometimes avoiding them, sometimes riding them upward, sometimes getting carried and sometimes getting caught by them.  

[Jennifer Lee]

Can someone explain why even bother with partial privacy, especially considering that with such a tiny amount of participants its practically meaningless. There are already full privacy cryptos. Did DASH do privacy trying to be everything for everyone or is there a deeper reason?

[GrandMasterDash]

Can someone explain why even bother with partial privacy, especially considering that with such a tiny amount of participants its practically meaningless. There are already full privacy cryptos. Did DASH do privacy trying to be everything for everyone or is there a deeper reason?

The better a chain is at hiding transaction details, the more impossible it becomes to audit the chain and say with certainty how many coins are in existence. Even bitcoin has a history of near death experiences with infinite inflation bugs, can you imagine how hard that would be to prove or disprove when the transaction details are unknown? Also, many privacy coins are cpu / memory intensive. If you have a resource intensive blockchain to manage and little incentive to run a node yourself, then scaling it to millions or billions of users becomes a nightmare.

A determined user can make any transaction private on any chain by hand coding a series of transactions (to avoid wallet fingerprinting), coin mixing, structuring payments, use decoy change addresses, use tor for broadcast and so on. Privacy coins try to abstract away the hard work, keeping the transactions secret while perhaps introducing an undetectable inflation bug.

Personally, I have a soft spot for privacy-first projects (but not monero) because they put the "crypto" back into "cryptocurrencies". But dash takes an interesting approach, it allows people to hide transactions in plain sight. This will become more evident when usernames go live because although transactions will be transparent, there is no information on-chain as to who paid who.

[xkcdd]

Can someone explain why even bother with partial privacy, especially considering that with such a tiny amount of participants its practically meaningless. There are already full privacy cryptos. Did DASH do privacy trying to be everything for everyone or is there a deeper reason?

Fungibility is a core component of any cryptocurrency.  Mixing helps keep the coin fungible, refer to Toknormal's post on the matter. https://bitcointalk.org/index.php?topic=421615.msg56005372#msg56005372

[qwizzie]

Can someone explain why even bother with partial privacy, especially considering that with such a tiny amount of participants its practically meaningless. There are already full privacy cryptos. Did DASH do privacy trying to be everything for everyone or is there a deeper reason?

Why does Bitcoin bother with partial optional privacy, especially considering that with such a tiny amount of participants its practically meaningless?

Bitcoin use a form of CoinJoin to optionally offer privacy on their transactions and usage on the Bitcoin network is about 4% (according research from 2019).
Source : https://bitcoinmagazine.com/articles/percentage-coinjoin-bitcoin-transactions-triples-over-past-year#

Dash use a form of CoinJoin to optionally offer privacy on their transactions. It is called PrivateSend and usage on the Dash network is about 1-3%.
Source : https://dashradar.com/charts

So why bother with providing optional privacy, when there are dedicated privacy-focused coins (Monero, Zcash, Verge, Horizen) out there ?

To offer Bitcoin and Dash users a choice. Bitcoin offer users that choice, through third party privacy wallets. Dash offer users that choice, through their officially supported core wallet and at least one Dash third party wallet is also moving to implement optional privacy.

If Bitcoin does not have a problem with their privacy wallets offering optional privacy, then why should Dash have a problem with offering optional privacy on their wallets ? From a legal or regulator point of view there is no difference between Dash form of optional privacy and Bitcoin form of optional privacy. Both use a form of  CoinJoin, both have the same type of open public-viewable blockchain, Dash is even a fork of Bitcoin.

In the end it comes down to states and agencies (mostly US) looking for ways to gain more control over the personal information of people and people looking for ways to either keep their privacy or better protect their privacy. That clashes from time to time. Same clash can be seen in the use of encrypted messaging apps and encrypted mobile phones, where states and agencies want access through backdoors.


Dash Investment Foundation (DIF) Invests in CrayPay and Announces 155,000 Merchant Instant Savings App for Dash

We are proud to announce an exciting collaboration that will soon enable Dash spending at over 155,000 merchant locations across the United States.
The Dash Investment Foundation (DIF) recently invested in CrayPay, a loyalty payment platform that enables users to earn instant savings at a variety of national chains.

Read more here : https://newsroom.dash.org/122917-dash-investment-foundation-dif-invests-in-craypay-and-announces-155000-merchant-instant-savings-app-for-dash
and here : https://beincrypto.com/155000-american-merchants-to-accept-dash-as-payment/


Source picture : from article

Looks like we will have yet another announcement about a DIF investment coming up soon. Something to do with financial services.


Looks like we have a few Dash name copycats on coinmarketcap, for some time now :

https://coinmarketcap.com/currencies/dash-cash/ : active on coinmarketcap since Oct 2019, on their Github (2017) the whole thing looks very fishy (https://github.com/genavarov/dashcash)
https://coinmarketcap.com/currencies/dash-green/ : active on coinmarketcap since Jan 2019, according their Github (2018) this is a fork of PIVX (https://github.com/DashGreenCoin/dashgreen)

Both seem to be Dash hard forks that did not see much action or much development. I am curious why they are even on coinmarketcap (or still on coinmarketcap).
I guess they are 'dead coins', destined to roam the empty halls of coinmarketcap forever.



[moderator's note: consecutive posts merged]

[toknormal]

Does anybody know what this means from Dashcore GUI launching ?

Is the copy of the blockchain shot ? It was about 99% downloaded. Do I need to download it again from scratch or can I do something fancy like delete "chainstate" or something to stop it choking ?



Ah. Here we go....need to use command line....https://www.reddit.com/r/dashpay/comments/aw3eof/please_help_with_dash_core_wallet/

[qwizzie]

Litecoin, Monero, Dash Price Analysis: 13 January
https://ambcrypto.com/litecoin-monero-dash-price-analysis-13-january/

Dash (DASH) Analysis : Dash Coin Value Bounces Back After Touching Critical Support Area
https://www.thecoinrepublic.com/2021/01/13/dash-dash-analysis-dash-coin-value-bounces-back-after-touching-critical-support-area/

[afbitcoins]

Dash versus bitcoin

Dash almost made my target of 0.0022 but bounced nicely before reaching that, all the way up to resistance at the mid point of the bear channel

*chart

On longer timescales looks like this

*chart

Can dash repeat what it did a year ago and push on to the top of that bear channel? This is an important level of resistance and no coincidence the recent rally was stopped where it was but it was a significant move. If theres another dip watch for higher lows. Perhaps....... perhaps the bottom is in ??

[TaoOfSaatoshi]

Crypto Developers: Dash to Rival Ethereum for Blockchain-based Applications

Move over, Ethereum! Dash isn't only for effortless digital payments. Turns out it's got a trick or two up its sleeve when it comes to decentralized applications! Watch this.

[Piston Honda]

DASH where only the few actually make (made) money lol

[qwizzie]

Large increase in Dash transactions since 8th of January, with explosive growth in number of transactions today :

Past Week, 1 week cumulative

Source : https://terminal.bytetree.com/dash (Feautured Charts --> TX Count)

Past Month, 1 week cumulative

Source : https://terminal.bytetree.com/dash (Feautured Charts --> TX Count)

Past Quarter, 1 week cumulative

Source : https://terminal.bytetree.com/dash (Feautured Charts --> TX Count)

Dash Network Monitor Currently :

Source : http://178.254.23.111/~pub/Dash/Dash_Info.html (Block/Trx Info)

I just love it when the Dash Network Monitor signals move like that. Damn, almost 21,000 Dash transactions in one hour  

History of Dash Transactions per hour

Source : http://178.254.23.111/~pub/Dash/Dash_Info.html (Block/Trx Info --> Transaction History)


 

[xkcdd]

Large increase in Dash transactions since 8th of January, with explosive growth in number of transactions today :
 

We've also got a good resource over at https://jochen-hoenicke.de/queue/#6,24h which shows the mempool as a chart over time, quite handy.  Also remember that DASH has 2MB blocks and they come on average about 2.5 minutes.

[qwizzie]

Large increase in Dash transactions since 8th of January, with explosive growth in number of transactions today :
 

We've also got a good resource over at https://jochen-hoenicke.de/queue/#6,24h which shows the mempool as a chart over time, quite handy.  Also remember that DASH has 2MB blocks and they come on average about 2.5 minutes.

bookmarked, thank you.

[BrainShutdown]

Interesting blockchain activity, let's see if it holds

[Alexey45]

Your project is a rotten, not interesting, unprofitable disappointment ...

[LuckyLeprachaun]

Your project is a rotten, not interesting, unprofitable disappointment ...

Not sure why you say these nasty things, but Dash is an excellent project and will only rise up in the future.

[Alexey45]

Your project is a rotten, not interesting, unprofitable disappointment ...

Not sure why you say these nasty things, but Dash is an excellent project and will only rise up in the future.

Your wet dreams are already 4 years old! Everything that is possible has grown on the bitcoin pump, even something that has never grown.
DASH is stuffed so deep in his ass that he can't get out of there now.
Investors invest in various top 20 shit projects and get tenfold profits in a short time.
DASH went out, it goes out and stinks of losses and default.
"Bouncing a dead cat". There is no reversal! We have been falling for 4 years, so we will continue to fly down.
Target 0.000024BTC / DASH

[LuckyLeprachaun]

Your project is a rotten, not interesting, unprofitable disappointment ...

Not sure why you say these nasty things, but Dash is an excellent project and will only rise up in the future.

Your wet dreams are already 4 years old! Everything that is possible has grown on the bitcoin pump, even something that has never grown.
DASH is stuffed so deep in his ass that he can't get out of there now.
Investors invest in various top 20 shit projects and get tenfold profits in a short time.
DASH went out, it goes out and stinks of losses and default.
"Bouncing a dead cat". There is no reversal! We have been falling for 4 years, so we will continue to fly down.
Target 0.000024BTC / DASH

You only seem upset about maybe a loss you had, you don't explain why you think it's going down? from what I see it's going up.