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

[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.

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[toknormal]

Cultish behaviour...

I suppose it might look like that to someone parachuting into this thread or even following it for any length of time.

I was in your shoes when the whole Blackcoin mania started taking off in the middle of last year (or was it 2 years ago - it's a distant memory). I got shocked at the amount of 'fanboy' mania that was going on in that thread and started posting what would probably have been considered FUD by them but what I considered to be genuine challenges to their optimism.

The reason I thought they were all so deluded was because, having just discovered 'POS' (Proof of Stake) they all thought they were onto the new hold grail, whereas POS was old hat. Peercoin had it, NxT had it etc. Blackcoin just had a bit of a buzz at the time and they all thought it was going to be the next Bitcoin.

I don't feel the same about Darkcoin / DASH.

For a start, its a genuine original in many aspects. The 2-tier approach is a bold yet obvious move because any network that's service oriented is going to have a huge amount of technical options available to it that monotier networks just don't. I realise we get attacked left right and centre for that but I never get convinced by any of the arguments - they all revolve around some totally misplaced notion of the concept of 'centralisation' (as I've discussed in that quoted post above).

Apart from that, this project has done justice to its original design priorities - whatever you think of their merits. It has survived a year long hammering from genuine competition, fudsters, technical setbacks and commercial challenges to emerge as a top 5 crypto. That in itself endorses my original instinct about where this project was going.

So I don't make any apologies for making generally favourable posts in this thread - even though they may get characterised as 'cultish' by adversarial contributors. It's just the 'nature of the beast'.

Maybe we should all break out into spontaneous bikkering and confrontation once in a while to make the 'spectators' feel more comfortable - but then again, that would deny some of them a fulfilling hobby  

[RenegadeMan]

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

5 now stonehedge; just sent you one too.

[iCEBREAKER]

Cultish behaviour...

I suppose it might look like that to someone parachuting into this thread or even following it for any length of time.

I don't make any apologies for making generally favourable posts in this thread - even though they may get characterised as 'cultish' by adversarial contributors.

I would never characterize generally favorable posts as "cultish."

The cult behavior is how many here treat

1) internal dissent [longtime supporters miffed by the rebranding, instantly castigated as having insufficient faith and for daring to criticize Dear Infallible Cult Leader]
2) external dissent [longtime Bitcoiners who criticize Darsh's design choices are digitally shunned (ignored) to great applause from fellow echo-chamber fans]

That is textbook cult behavior.  It is not healthy to treat so poorly both insiders and outsiders just because they don't worship at the foot of Duff to the same high degree as others.

Look how much the cultists enjoy shunning outsiders and revel in their ability to close their eyes to difference of opinion.

It got to the point where even xxxgirl, a pro-Darshcoiner DEFENDING Masternodes as trustless was shunned.

That's what happens when you go all knee-jerk.  It doesn't reflect well on your coin or its community.

What a toxic ecosystem!  Who would want to join such a nasty, intolerant group?

[stonehedge]

If Evan was infallible we wouldn't have had so many forks.  (Sorry Evan).

[illodin]

Who would want to join

Anyone who doesn't hate having the possibility of having financial freedom sometime in the future?

[RenegadeMan]

....Who would want to join such a?

And an even greater conundrum.

Q: Who, having identified everything that's wrong here, would just keep coming back again and again and again?

A: Someone who's terribly worried and intimidated by this crypto's technology and this community's intelligence and astuteness, hence MUST sow doubt and uncertainty as it's their only defence.

[stonehedge]

Jesus, there are five active anti-DRK threads active on the first page of the altcoin discussion forum.  Other coins be getting scared!  

[ahoenk]

Jesus, there are five active anti-DRK threads active on the first page of the altcoin discussion forum.  Other coins be getting scared!  

Those people will make dark more stronger, we jave to thank them..it is free advertising...

More enemy we have = more adoption , its a natural behavior

[aleix]

You don't like the coin, you don't like the community and you don't like the devs. Nonetheless you are here every day posting the same...

Who has the problem here?     

Mate, go outside and try to do something with your life.

[Kai Proctor]

In this type of situation, the accuser is often the guilty one. You and the other Monero trolls look more like cult followers than anyone in this thread. Harrassing people day and night because they don't think like you, or do what you want them to do...

[Honest Tim]

I saw this last night at around 10pm and had a puzzled look on my face and continued with the thread.
Woke up this morning, fed kitty and put the kettle on.
Just as the kettle was coming to the boil the picture popped in my head and I "got it" and started chuckling to myself.

Also..... the 4hr chart is yet again showing a classic dentists scrapy tool. V Bullish.

[toknormal]

The cult behavior is how many here treat

1) internal dissent [longtime supporters miffed by the rebranding, instantly castigated as having insufficient faith and for daring to criticize Dear Infallible Cult Leader]

2) external dissent [longtime Bitcoiners who criticize Darsh's design choices are digitally shunned (ignored) to great applause from fellow echo-chamber fans]

That is textbook cult behavior.  It is not healthy to treat so poorly both insiders and outsiders just because they don't worship at the foot of Duff to the same high degree as others.

ok, I agree that dissing dissent for the sake of it isn't healthy. But I don't agree that "supporters miffed by the rebranding" were universally castigated. Most of the replies I saw were respectful of their position but asserted the contrary view.

Sh*t - I'm not going to make any apologies for arguing my point robustly if it's something I've put a lot of thought into and the other poster clearly hasn't. I mean look at that guy you just quoted earlier - he's saying that Darkcoin has a "liquidity problem" because its coin supply is less than a competing cryptonote currency. What a completely clueless statement - as I pointed out in the other thread, liquidity alludes to the amount of monetary value available in markets at a given price range, not some arbitrary count of monetary units.

You think the Argentinian Peso is more "liquid" than the US Dollar because it has smaller monetary units ? Darkcoin/DASH already has 4 times the liquidity of its nearest cryptonote competitor simply by virtue of having 4 times the marketcap.

Despite this nonsense, people like you join in the hysteria and go and post this crap in big red fonts in an ANN thread and you accuse us of "cult-like" behaviour ? Are you kidding ?

Then you bang on about cryptology left right and centre and this is bullet proof and that that's full of vulnerabilities and da..da..da. Meanwhile the devs behind those technologies are quite happy to farm out to "3rd parties" the most critical and vulnerable portal in the whole of this space - the wallet - because it's "not a priority" ! Talk about building a castle and then leaving the drawbridge permanently open with pot of gold at the door.

Cult-like behaviour, sure. It's everywhere. It isn't a question of having it or not, it's a question of which one has a chance of delivering a return on your investment.

[Sub-Ether]

Jesus, there are five active anti-DRK threads active on the first page of the altcoin discussion forum.  Other coins be getting scared!  

Just 5? surely Shirley we can get upto double figures if we try hard enough 

[iCEBREAKER]

Who would want to join such a nasty, intolerant group?

Q: Who, having identified everything that's wrong here, would just keep coming back again and again and again?

A: Someone who's terribly worried and intimidated by this crypto's technology and this community's intelligence and astuteness, hence MUST sow doubt and uncertainty as it's their only defence.

See?  There's that nasty intolerance again.

Maybe this thread has more outsider participation because of the recent high-profile rebranding fiasco?

Nah, couldn't be!  Outsiders are only jealous of DarshCoin supporters' intelligence and astuteness, right?

A less insular and paranoid community would be happy to have newcomers (even if just visiting from other subs on the same forum) and greet them, not brag about how many heathen disbelievers they have shunned.

No wonder vertoe and Joshuar left.  Masternodes are a terrible idea, and the toxic Darshcoin community is far too hostile.

[RenegadeMan]

Who would want to join such a nasty, intolerant group?

Q: Who, having identified everything that's wrong here, would just keep coming back again and again and again?

A: Someone who's terribly worried and intimidated by this crypto's technology and this community's intelligence and astuteness, hence MUST sow doubt and uncertainty as it's their only defence.

More aggressive accusatory criticism and expression of disdain

We'd be happy to have you here iCEBREAKER if you were here to add value and be constructive.

But when your agenda is just so obviously the very opposite of that, of course (and you'd have to be so very stupid to NOT realise this) you're going to be ignored, blocked and your underlying intent rejected.

[ilic]

icebreaker, please dont take offence but your arguments are pathetic at best!

Please crawl back to whichever alternate worthless coin you are supporting now and save this thread for people who are genuinely interested in Dark/Dash.

[Sapereaude]

Jesus, there are five active anti-DRK threads active on the first page of the altcoin discussion forum.  Other coins be getting scared!  

Just 5? surely Shirley we can get upto double figures if we try hard enough 

To the instamined-cave! By which I mean we take the instamined gold plated helicopter to the port containing the instamined meg-yacht, which we will burn in order to use the fire to light our instamined cigars before we hop onto our hydrogen powered platinum jet skis and fling caviar at each other while heading towards instamined island.

[stonehedge]

yeah, about the instamine...can I have some?  I'll clean the instamined Tesla for a year... 

[Sub-Ether]

You think the Argentinian Peso is more "liquid" than the US Dollar because it has smaller monetary units ? Darkcoin/DASH already has 4 times the liquidity of its nearest cryptonote competitor simply by virtue of having 4 times the marketcap.

Tok, I like your postings but in this case save your breath, you can't teach a lifetime of stupidity to be smart, it can't normally be done, believe me I've tried with a few idiots in my time. It is a common error that clever people think others are like them but generally that ain't true, its more likely a projection of your own reality onto someone else as you see them.