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

[Rux]

you said something?  

[iCEBREAKER]

you said something?  

Yes, and so did this deprogrammed cultist:

Re: [XMR] Monero Speculation
I used to be a Darkcoin supporter. But I'm done with it since I don't like where it's headed. It's masternode concept is taking liquidity and decentralization out of the picture, and pretty much going against what a "crypto"(Decentralization) currency(Liquidity) is supposed to be. The instamine didn't help either.

[Sapereaude]

you said something?  

I can only hear the wind :p

[coins101]

Everyone on ignore.

Now I can catch up in about 16 seconds. 

[Rux]

im sure he is trying to tell us something but... like Sapereaude said... i hear only wind

meanwhile, 0.013, welcome to the club boys

[illodin]

Regarding DRK supporter turning to some other coin and starting to criticize DRK.

When you dump your Darkcoins at 0.005 and later seeing it triple in value can make a man bitter and hold grudges.

Just sayin.

[ilic]

it's great to see DRK/DASH not only holding as BTC dropped but actually gaining.

Very promising and I think part of that is as a result of the name change.  A whole new world is opening up now.

[Rux]

Yea, i can imagine him... bitter in mouth ha?

but hey, its not to late even now

26.03 ↄash going to 0.02 BTC per 1 ↄash

[stonehedge]

Regarding DRK supporter turning to some other coin and starting to criticize DRK.

When you dump your Darkcoins at 0.005 and later seeing it triple in value can make a man bitter and hold grudges.

Just sayin.

Imagine how it feels for me at the moment

[Rux]

i knew you would not leave us !!!!!!!

dont you dare, stony... dont you dare

[stonehedge]

i knew you would not leave us !!!!!!!

dont you dare, stony... dont you dare

There's too much FUD to fight for me to go anywhere for now.

I've been working hard for six months to see this point and even though I'm not going to benefit from it, I can't miss it.

EDIT:  PS  I am now the proud owner of 4DRK so I'm going up in the world

[xxxgoodgirls]

you said something?  

Yes, and so did this deprogrammed cultist:

Re: [XMR] Monero Speculation
I used to be a Darkcoin supporter. But I'm done with it since I don't like where it's headed. It's masternode concept is taking liquidity and decentralization out of the picture, and pretty much going against what a "crypto"(Decentralization) currency(Liquidity) is supposed to be. The instamine didn't help either.

I am crossposting this nice response of toknormal from the infamous DRK/XMR/SDC/ETC thread https://bitcointalk.org/index.php?topic=985039.140

Masternodes are centralized because they are hosted on servers online, which are centralized. The large majority of masternode owners host their nodes on the internet, I'd say that's pretty centralized.

No. They are categorically not 'centralised' because of that.

Your talking about hosting of particular instances of the daemon as opposed to the logical architecture of the network. This word 'centralized' gets jumped on as if it's the holy grail of everything - a hammer that turns everything else into a nail. Its use with regard to cryptocurrencies alludes to the logical interaction of each node with the rest of the network. The whole *point* of a decentralised architecture is that things like machine hosting of particular 'nodes' have no bearing on this.

All of crypto, including bitcoin, is inundated with cloud mining facilities - in fact they are positively *promoted* all over the place. Despite that, if you consult blockchain.info's metrics regarding mining 'centralisation', they're not remotely interested in who's hosting the mining nodes, rather what pools they are subscribed to.

This is just another example of picking some random aspect of a network's demographic (not its logical architecture) and manically banding about straw men based on it simply to have something to shout about.

Now lets consider a couple of extreme cases - say, [1] - if a hosting company were to shutdown all the nodes it hosted and [2] - if it were to compromise (take control of) all the nodes it hosted.

Case [1] is a benign attack. The nodes can simply be resurrected elsewhere (because, being wallet daemons, they are logically decentralised). It's no different in that respect from shutting down a cloud mining array - in fact it's even more benign since the blockchain hashpower isn't affected. That is secured by the regular mining function just as in bitcoin.

Case [2] is impossible. The attacker needs the private keys to the masternode collateral account to gain control a masternode and they are held offline and have nothing to do with where the particular daemon happens to be hosted.

Even if you did have access to the actual machines hosting masternodes, so what ? All cryptocurrency architectures have to *assume* bad actor operations in every aspect of their design. With the next revision of node blinding, you won't even be able to learn anything from the logs and even if you did, all you'd do at the absolute theoretical worst is de-anonymise some random transactions between one anonymous part of the money supply and another.

There's no systematic vulnerability there.

[BiteMyShinyMetalAss]

Dash the cash! All is needed is DashStamp, to have a DASH $ or € only exchange and decouple from BTC.

[OnetyOne]

Regarding DRK supporter turning to some other coin and starting to criticize DRK.

When you dump your Darkcoins at 0.005 and later seeing it triple in value can make a man bitter and hold grudges.

Just sayin.

Imagine how it feels for me at the moment

Doesn't come close to 28k DRK but I've had my share of DRK gamble losses not too long ago at ~.004-6.

[xxxgoodgirls]

you said what?

lol someone tell please the guy I am a DASH supporter, he can't even read due to FUD paranoia

[toknormal]

you said what?

Rux, why are you blanking xxxgoodgirls ?

I think you've mis-identified.

P.S. Message for you from xxxgoodgirls...

lol someone tell please the guy I am a DASH supporter, he can't even read due to FUD paranoia

[illodin]

Regarding DRK supporter turning to some other coin and starting to criticize DRK.

When you dump your Darkcoins at 0.005 and later seeing it triple in value can make a man bitter and hold grudges.

Just sayin.

Imagine how it feels for me at the moment

I might have some idea, as I've had some pretty bad runs when playing poker earlier in my life. Just like almost everyone who has played million+ hands. What poker taught me though, is that betting on a 0EV coin toss is not worth it to risk the variance. Still, I know how easy it is to tilt and how hard it is to resist chasing losses with bigger bets. Even though poker is deemed bad and making people playing it degenerated gamblers, it teaches a certain mindset of trying to take only +EV risks, and discipline and bankroll management. For example, after playing poker for a while, I stopped playing casino games completely, and have never played them since because there's no point as they are all -EV.

Anyway, I'll be sure to throw a few MN payments your way as a thank you for everything you've done for the community.

[iCEBREAKER]

you said what?

lol someone tell please the guy I am a DASH supporter, he can't even read due to FUD paranoia

How very cultish of Rux.

Let's go over the warning signs.

1) Unquestioning Faith in the Group's Leader? - CHECK!

2) Doubts and Dissent are Punished, Either Overtly or Passively?  -  CHECK!

3) The Internal Culture Harbors an "Us-Vs.-Them"Attitude Toward Non-Members?  -  CHECK AND DOUBLE CHECK!

In a typical cult atmosphere, there is a general distrust of outsiders. Believers are told that outsiders are dangerous and repressive, intentionally trying to mislead otherwise faithful followers.

[Rux]

im so sorry you are right, im paranoid from so much FUD thx from ice and others

coins101 started this UBER ignore paranoya





ICE, you said WHAT? hAhAhaa

[fernando]

Hi,

I think I don't understand about Transaction Abbreviation.

Could anyone please explain me more?

Thanks

Well first I would listen to the podcast as it is explained pretty well. I would suggest listening to the whole thing, but if you must skip then go to the last 15 minutes as that is where it is mentioned.  

In brief it works like this:
The same input is sent from A →B →C →D in four transactions. Currently that entire history is dragged around in the blockchain but really the only thing that matters is A →D. Thus the history can be pruned using a combination of masternodes and miners. Take a listen for more explanation.

Exactly, it is quite simple indeed. You only need A to D to know that the coins are available for D, which is something that the network needs to know.

One additional thing to consider is that the full history would also be available, we lose nothing. Masternodes would probably have both versions, the full history and the abbreviated one. In local wallets you would be able to chose, depending on your needs.