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

[stonehedge]

That some of the coins that were mined early on

That some of the coins that were instamined - Corrected

Fine.  Can you explain why the instamined coins being sold at price peaks is scandalous?

It proves nothing as to who was selling them.  I don't understand what that graph is showing other than the people who bought some of those coins cheap sold them at a good time!

[1715357203]

1715357203

[1715357203]

1715357203

[1715357203]

1715357203

[1715357203]

1715357203

[1715357203]

1715357203

[smooth]

That some of the coins that were mined early on

That some of the coins that were instamined - Corrected

Fine.  Can you explain why the instamined coins being sold at price peaks is scandalous?

It proves nothing as to who was selling them.

I don't understand why it is scandalous either, but if those coins hadn't previously moved then it does prove that whoever instamined them in the first place was selling them. It doesn't say who that is, why they sold, or who was buying, nor can we tell from the picture at least how many coins were sold, so its pretty hard to understand what it actually means. At least, I don't get it.

[coins101]

-snip-

I don't know the full background history of Monero, but I did join early on. I will give you and tactotime props for stepping in to save a project.

However, on the basis of what you have said about Darkcoin, you should offer up to coinmarketcap a similar desire to have Monero listed as premined / instamined because it was forked from BCN and the code contained depotimisation to rig the mining game, apparently.

You may not have known that, but its a fact that Monero miners were being ripped off. You took over the project because you suspected the dev was a scammer but you didn't relaunch.

Then you just discovered an issue post fact.

The issue may have been resolved, but it still stands. Monero was instamined for the best part of two months, or more.

"Bitmonero was a fork of Bytecoin designed to not have the 80% premine.  But its initial developer either didn't know, didn't care, or wanted to profit from the de-optimized hashing.  That initial developer was pretty quickly given the boot by the community, and in came an unrelated group of developers who took it over---who were, as far as I can tell, completely unaware of the deoptimization.  So things sat there for a few weeks in the same state as Bytecoin."

http://da-data.blogspot.co.uk/2014/08/minting-money-with-monero-and-cpu.html

You as one of the devs should have worked out there was a problem and not have been told about it but some kid who needed to get permission from his parents to keep spewing out hundreds of thousands of coins and dumping them for a profit.  Wait no, devs don't make mistakes.

Now you suspect a botnet attack, which could easily be more of the above.

You should offer this information up to coinmarketcap to demonstrate you are not just trying to attack the competition, but you genuinely want fair play.

Son if bitch... Really?    Holy fn smokes.  So these bastards have been here squaking for months about instamined BULLSHIT and their own coin was Instamined for 2 months.    COINS101. can u please PM me with where I can research this information.  I'm going to take the next bit to research this endepth.  Any links etc... Please pm them to me that would be great. I'm going to be super pissed if these dirt bags have wasted my time...

Monero was mined by its creators for months with highly optimized miners.  They claimed that the original devs instantly dumped these coins as they were mined.  So technically there was not a premine or a fast instamine.  The devs were only in it to make money.  I think it was roughly 5% of the supply.  At that time it was over $100,000 they stole from miners.  Its ok though.  There was a community take over.  That wipes the scam slate clean.

Thanks for the scam clarification.

[TanteStefana2]

Sorry Tante... Smooth and these dorks triggered something in me this morning. It's been a tough morning at winery Had one of my cellar crew screw up a filter run on almost $150,000 tank of white wine.  Not a happy camper.   Going to have to spend the rest of the week correcting issues and I'm going to have to fire someone over this.  Does not make for a happy morning.

I thought you still lived in your parent's basement!  LOL

[bigrcanada]

Sorry Tante... Smooth and these dorks triggered something in me this morning. It's been a tough morning at winery Had one of my cellar crew screw up a filter run on almost $150,000 tank of white wine.  Not a happy camper.   Going to have to spend the rest of the week correcting issues and I'm going to have to fire someone over this.  Does not make for a happy morning.

I thought you still lived in your parent's basement!  LOL

Lol... Sometimes I wish I did.  Though I think my wife would have something to say about it.... 

[TanteStefana2]

Now now. Name calling is the first sign that you are losing the argument.

But, let's leave the facts to the kid who discovered the issue:

"Bitmonero was a fork of Bytecoin designed to not have the 80% premine.  But its initial developer either didn't know, didn't care, or wanted to profit from the de-optimized hashing.  That initial developer was pretty quickly given the boot by the community, and in came an unrelated group of developers who took it over---who were, as far as I can tell, completely unaware of the deoptimization.  So things sat there for a few weeks in the same state as Bytecoin.

By the time I got into it, developer "NoodleDoodle" (hey, this is crypto, people can pick whatever names they want -- Satoshi Nakamoto?) had already untwisted the first "de-optimization" with the AES encryption key.  But the rest was ripe pickin's.  Most importantly, the entire use of AES in the inner loop was one instruction on modern x86 CPUs."

The instamine was baked into the code. Some might say the kid optimised a miner, some might say he found a deliberate set of flaws baked into the code to rig the game and he was just exploiting it. Who else was doing the same? Clearly more than one person knew about the issue.

http://da-data.blogspot.co.uk/2014/08/minting-money-with-monero-and-cpu.html

I've said my peace. It's not all black and white, Monero crew, is it.

It's funny, he who screams loudest is usually the most guilty, no?

Also, we had a vote as to whether or not we should re-launch due to that mistake, and everyone who spoke up said no.  So if you weren't there, what difference does it make?

[coins101]

Sorry Tante... Smooth and these dorks triggered something in me this morning. It's been a tough morning at winery Had one of my cellar crew screw up a filter run on almost $150,000 tank of white wine.  Not a happy camper.   Going to have to spend the rest of the week correcting issues and I'm going to have to fire someone over this.  Does not make for a happy morning.

I thought you still lived in your parent's basement!  LOL

Losing that much stock is not funny. That must have come from quite a lot of vines.

If you can't rescue the stock and its going to waste, we'll rock up and drink it.

No seriously, I'll happily pay for the privilege to come over and spend a few weeks with some mates getting slowly pickled. Just feed us the odd sausage roll and we're good to go.

j/k....
-------

Best of luck with that issue.

[TanteStefana2]

We would like to intervene this discussion as a merchant accepting Dash (formerly Darkcoin) for more than a year.

When we evaluate a cryptocoin in order to accept it in our store, there are several parameters including market cap, market volume, volatility (while favoring less volatility), blockchain age, blockchain sync speed, system and algorithm (while favoring PoW), developers' and community's activity (both in terms of social and financial aspect), fairness of distribution of coins.

We should admit that Darkcoin is the first cryptocoin that secures its place in our store after Bitcoin and if Bitcoin was not the first coin in the scene with its wide recognition, it would be in the second place. In other words, no other cryptocoins that is accepted in our store, including Litecoin and Dogecoin, has a guaranteed place and may be dropped out.

Everybody take a moment to reread this post. Yes, we have a long way to go before we start seeing big merchants accept Dash. But it's refreshing to know that for those businesses who take time to do some research, Dash is an obvious choice.

Cheers Coaex!

Another Cheers to you Coaex.

[cAPSLOCK]

dash/dark should have the " * " in coinmarketcap.com

Not going to happen. The site isn't run by agenda-driven trolltards like you.

Erm...

[bigrcanada]

Sorry Tante... Smooth and these dorks triggered something in me this morning. It's been a tough morning at winery Had one of my cellar crew screw up a filter run on almost $150,000 tank of white wine.  Not a happy camper.   Going to have to spend the rest of the week correcting issues and I'm going to have to fire someone over this.  Does not make for a happy morning.

I thought you still lived in your parent's basement!  LOL

Losing that much stock is not funny. That must have come from quite a lot of vines.

If you can't rescue the stock and its going to waste, we'll rock up and drink it.

No seriously, I'll happily pay for the privilege to come over and spend a few weeks with some mates getting slowly pickled. Just feed us the odd sausage roll and we're good to go.

j/k....
-------

Best of luck with that issue.

Thanks coins!  yeah it was a 7500L tanks of Pinot Grigio.  Not part of our top tier wine series...but   I'm hoping that I can correct the issue....it may not be as bad as was thought this morning.  Wine is fairly resilient.   We are planning to have a "DASH Mash" at the winery this summer/fall.  Maybe i'll save a batch of that wine in keg and give out for free.    

[TanteStefana2]

Anyone else notice that when monero guys come in here to attack us, our price rises?

[BlockaFett]

LOL Trollero.  Smooth's autobiography will be titled "50 ways I pumped my Sh*tcoin...".  Then no one will buy it and he will have to go around to bookstores trolling to get other books removed.

[smooth]

LOL Trollero.  Smooth's autobiography will be titled "50 ways I pumped my Sh*tcoin...".  Then no one will buy it and he will have to go around to bookstores trolling to get other books removed.

BlockaFett you are exactly wrong. I don't go around pumping Monero. If anything I'm overly conservative about warning people that it is a very high risk proposition to buy it.

Criticizing scams that I dislike has nothing to do with pumping.

[BlockaFett]

LOL Trollero.  Smooth's autobiography will be titled "50 ways I pumped my Sh*tcoin...".  Then no one will buy it and he will have to go around to bookstores trolling to get other books removed.

BlockaFett you are exactly wrong. I don't go around pumping Monero. If anything I'm overly conservative about warning people that it is a very high risk proposition to buy it.

Criticizing scams that I dislike has nothing to do with pumping.

Sure Smoothie

[qvan]

dash/dark should have the " * " in coinmarketcap.com

Not going to happen. The site isn't run by agenda-driven trolltards like you.

Erm...

holy fuck, it did happen darkcoin/DASH did have the " * " at coinmarketcap.com

a lot of my buddies are angry here, too bad i'm sleepy...going to bed now, we are going to have a group theraphy session tomorrow...see ya  

[TanteStefana2]

You might be interested in this graph someone sent me: https://bitinfocharts.com/darkcoin/visualization.html

It shows that the early coins mined (from the instamine period) were transferred during the price peaks (they are the arcs).

And what does that mean exactly?  That some of the coins that were mined early on were sold at the price peaks?  Doesn't seem that scandalous to me!

I've been studying this chart, and it seems to absolutely confirm what I felt happened to the early coins.  Look at the chart.  You see the TXES (arcs) from the early mining getting sold soon after.  The arks that reach beyond have their origins well after the first month.  That's when people started taking Evan seriously, and they saved their coins.  This is a really cool chart!  Why haven't we seen it before?

It proves that the coins have been well distributed.

[BlockaFett]

dash/dark should have the " * " in coinmarketcap.com

Not going to happen. The site isn't run by agenda-driven trolltards like you.

Erm...

holy fuck, it did happen darkcoin/DASH did have the " * " at coinmarketcap.com

a lot of my buddies are angry here, too bad i'm sleepy...going to bed now, we are going to have a group theraphy session tomorrow...see ya  

I don't think they finished yet, next thing is they are trying to get CoinMarketCap to change their definition of "premine" (clear definition of Dev solo mining before launch) to mean the same as "instamine" (fast emission but open to everyone form the start) to ignore the wide variation between "instamine scams" where the dev runs off in week 2, or Dash launch emission where 16 month later the dev is hard at work developing and innovating the leading alt coin.  So now CoinMarketCap users won't know the difference:

'To be entirely accurate I think the tag should be changed to "significantly premined or instamined'

...Which would be great for Trollero because then coincidentally their 2 "competitors" as they see it (Dash / Bytecoin) both get the same new type of * on CoinMarketCap because one is "premined" and one is "instamined" and that's now the same thing with their new definition (no idea on Bytecoin sitation, but it has no * on coinmarketcap) - slightly Orwellian to say the least and suprising CoinMarketCap are falling for this.

Apparently they bombarded CoinMarketCap request form, not to pump Trollero price mind: https://bitcointalk.org/index.php?topic=1034864.msg11170842#msg11170842

Way to ruin CoinMarketCaps credibility Trollero, because anyone can check the Dash block explorer dates to see a premine never happened, so CMC posts inaccurate info now.  what's next?

Not that this really matters of course given the tech being created here, but LOL

[smooth]

Way to ruin CoinMarketCaps credibility Trollero, because anyone can check the Dash block explorer dates to see a premine never happened, so CMC posts inaccurate info now.  what's next?

I never asked them to mark it as a premine. I posted supporting information on their thread about it being an instamine. They decided on their own to add the double asterisk because I guess they think that 35% of the supply being mined in one day is relevant information when displaying the supply statistics, perhaps more relevant than a technical distinction between premine and instamine. You'll have to ask them for any further explanation.

[thelonecrouton]

You might be interested in this graph someone sent me: https://bitinfocharts.com/darkcoin/visualization.html

It shows that the early coins mined (from the instamine period) were transferred during the price peaks (they are the arcs).

And what does that mean exactly?  That some of the coins that were mined early on were sold at the price peaks?  Doesn't seem that scandalous to me!

I've been studying this chart, and it seems to absolutely confirm what I felt happened to the early coins.  Look at the chart.  You see the TXES (arcs) from the early mining getting sold soon after.  The arks that reach beyond have their origins well after the first month.  That's when people started taking Evan seriously, and they saved their coins.  This is a really cool chart!  Why haven't we seen it before?

It proves that the coins have been well distributed.

That's how I see it too, seems pretty plain. Maybe some people are colour blind or something?  

[coins101]

Sorry Tante... Smooth and these dorks triggered something in me this morning. It's been a tough morning at winery Had one of my cellar crew screw up a filter run on almost $150,000 tank of white wine.  Not a happy camper.   Going to have to spend the rest of the week correcting issues and I'm going to have to fire someone over this.  Does not make for a happy morning.

I thought you still lived in your parent's basement!  LOL

Losing that much stock is not funny. That must have come from quite a lot of vines.

If you can't rescue the stock and its going to waste, we'll rock up and drink it.

No seriously, I'll happily pay for the privilege to come over and spend a few weeks with some mates getting slowly pickled. Just feed us the odd sausage roll and we're good to go.

j/k....
-------

Best of luck with that issue.

Thanks coins!  yeah it was a 7500L tanks of Pinot Grigio.  Not part of our top tier wine series...but   I'm hoping that I can correct the issue....it may not be as bad as was thought this morning.  Wine is fairly resilient.   We are planning to have a "DASH Mash" at the winery this summer/fall.  Maybe i'll save a batch of that wine in keg and give out for free.    

7500L.

Yikes.

But I think my mates and I will be up for the challenge. I could probably muster up 20 mates for the Pinot challenge. Over two weeks, that's about 27 L a day, each.