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

[MasterMined710]

So in terms of untraceability cryptonote+stealth addresses is not less secure than darksend? Thought I read about an possible attack, even on wikipedia, but cant find it anymore.

Anyways thanks for all interesting answers.

monero is a one trick pony that will be replaced by zerocash soon, even the monero devs know it.

[1714813446]

1714813446

[Sub-Ether]

Jim Willie talks about the banker cabal, cash confiscations and cutting people out of the banking system that don't conform
'China Planning Trojan Horse'
https://youtu.be/915JZnIjFmg
'wrecking capital by forcing an international procedure to hedge against the dollar'

[dEBRUYNE]

So in terms of untraceability cryptonote+stealth addresses is not less secure than darksend? Thought I read about an possible attack, even on wikipedia, but cant find it anymore.

Anyways thanks for all interesting answers.

monero is a one trick pony that will be replaced by zerocash soon, even the monero devs know it.

You're ripping things out of context, full reply beneath:

ZeroCash is amazing, cutting-edge research. In the far future I fully expect it will make Monero and Bitcoin obsolete. However, it is somewhat unworkable right now. Firstly, it has a trusted accumulator problem that remains unsolved at this stage (although they posit solving this through an RSA UFO). Even if that is solved there is still the very real danger of it being impossible to see exploits in an absolutely opaque blockchain with relatively new and untested cryptography (ie. an exploit that lets an attacker create, say, 2 000 000 ZeroCash in a single day will go unnoticed). Finally, even with their newer ZKP schemes there is still a significant size impact for each transaction, and absolutely no way you'd be able to run SPV-style wallets or perform blockchain pruning. Once the cryptography has been more thoroughly tested, corner cases have been solved, and technology is at a point where the size impact is negligible, then I would imagine some future iteration of ZeroCash will become the dominant form for cryptocurrency payments.

Somewhere else he also stated that this could take upto 30 years, so your reply isn't really relevant.

Also gmaxwell on Zerocash:

The cryptosystem implementation underlying ZeroCash had a total break announced recently:
https://eprint.iacr.org/2015/437

A failure of the bleeding edge cryptography used for the proofs in ZC results in unbounded undetectable inflation.

Because of the way the proofs are used-- false proofs would allow the corruption of the system; even after replacing the proof system with a fixed version, if any bad proofs had made it in the state would be undetectably corrupted. So it wouldn't be trustworthy, and there would be little to no way to restore trustworthyness; short of forcing the unblinding all the coins and hoping all could be unblinded and the result wasn't more coins than should exist. So take a step back here and appreciate this fully: If we had deployed this months ago, Bitcoin might well be over now.

I'd ask for your thanks-- but it wasn't really a question: As far as "refused" goes, -- there exists no implementation; and the people who described it have declined to release their circuits, so I couldn't even get started on one without repeating a huge amount of work. Actually deploying this is quite hard, from an engineering perspective. No one has proposed deploying it, no one has turned it down. That said, the system has a huge negative scaling impact largely prevents pruning. Many of us that work on Bitcoin core are very much in favor of privacy features; but that doesn't mean rushing head long into every conjectural cryptosystem that comes across our desks.

As an aside; The ring signature scheme being discussed here has no real relation to transaction privacy. Ring signature transactions require a special kind of tracable ring signature to prevent double spends. Ring sigs are not especially hard to implement, and I've implemented one and am working on a second one now (though for something much cooler than how they're used in cryptocurrencies so far).

You're just spreading FUD.

PS: If it makes Monero and Bitcoin obsolete, it will probably make DASH obsolete as well.

[aleix]

*please stay on topic*

[Freckleg]

* Please do not react to trolls *

I know it is hard, you feel the urge to hit the unignore button..... and then are tempted to respond. Trolls hate silence, use this mighty weapon and keep our thread clean

[Sub-Ether]

*please stay on topic*

Hows the editing going? I hear you're a bit of a perfectionist 

[nzminer]

Hey scammers, which version do you like better?

ROFL

The no text has a cleaner look, while the other looks more cluttered but really tells the story.

I don't see 1 adress with 1.5 million of Dash

https://bitinfocharts.com/top-100-richest-darkcoin-addresses.html

So please, go at home, asshole

For comparison

http://bitcoinrichlist.com/top100

You're right, there's no way the HUGE INTENTIONAL INSTAMINE could have been spread to other addresses 

If only there was some kind of PROOF that 1.5 million coins were mined in the first 8 hours... oh wait, what's this:

Hello everyone!

I'm looking for input on how to improve the above DASH graphics into a more user-friendly format. I've also created a new Dashtalk account and look forward to cross-posting all the relevant information.

I was tempted........... but No.

No, exactly. Deep breaths and count to ten.
Like a screaming toddler, it will eventually just pass.

Unfortunately for you and the rest of the Dashtards, the fraudulent premine/instamine Evan tried to convince you was "Just a bug... whoops!" isn't going anywhere. Maybe it's time for another rebrand!

I also love how Evan schemed his way into millions of dollars worth of premine/instamine (purely by accident of course) but still couldn't be bothered to show up to your little circle jerk event. Speaks volumes doesn't it.

Not very professional to even claim it was a bug and then let alone try and "fix" what really was just an intentional way to reduce coin supply.

[bigrcanada]

 when does tested starting again?

[sangoku]

The trolleros need help!!!
The price of monero collapses!!!

[aleix]

*please stay on topic*

Hows the editing going? I hear you're a bit of a perfectionist 

I'm working on it 

[bigrcanada]

I don't think engaging in name calling is productive or professional of us as a community.  Please ignore these comments.  We know who to ignore so let's stay on topic.  Thanks

[aleix]

Desperate people from other communities are free to post here for visibility. We can understand that.

It is no necessary to engage or comment. Their posts talk about what they are.

[bigrcanada]

Desperate people from other communities are free to post here for visibility. We can understand that.

It is no necessary to engage or comment. Their posts talk about what they are.

Thank you aleix!

[qwizzie]

i just wanna thank all the trolls in here who are repeatedly bumping our thread in this bitcointalk forum,
some are even helping us bump it multiple times a day thereby spreading the Dash name-regnonition
even further. Honestly, we couldnt have done all this Dash name-regnonition increase without you guys.

So on behalf of the Dash community :






 

[nzminer]

i just wanna thank all the trolls in here who are repeatedly bumping our thread in this bitcointalk forum,
some are even helping us bump it multiple times a day thereby spreading the Dash name-regnonition
even further. Honestly, we couldnt have done all this Dash name-regnonition increase without you guys.

So on behalf of the Dash community :






 

At least its giving dashcoin alot of exposure that they never had before!

[coins101]

BCN is doing well  

[bluebit25]

Nice Cup and Handle Forming...



Definition: http://www.investopedia.com/terms/c/cupandhandle.asp

[Pansyfaust]

Sucks when a pool has zero fees and yet people are still not trying it out

Spread that hash

https://dash.suprnova.cc/index.php?page=statistics&action=pool

[etoque]

Nice Cup and Handle Forming...



Definition: http://www.investopedia.com/terms/c/cupandhandle.asp

nice... can smell the storm coming

[TanteStefana2]

I found about "First Stealth Address - Privacy without mixer" https://vertcoin.org/wp/stealth-addresses .

Now I would be interested to hear from the technicans here how secure these Stealth Address are? Is it really the "best solution" for anonymity like promoted? Many coins claimed this before (cryptonote for example) and all of them failed against darksend. what is the advantage of darksend agains stealth addresses?

Stealth addresses are cryptographically "hidden" addresses so that your wallet can receive money but the sending address remains hidden. Cryptonote uses a combination of stealth addresses (for receiving I think) and ring signatures (for sending).

To cut a long story short, all technologies "work", it boils down to the contrasting properties of public vs non-public blockchains.

The reason I invested in Dash and not Cryptonote is that Dash has a public blockchain which I think is an aspect of electronic "money" that can never be compromised if you want to maintain a high level of confidence in the system. Consider how many visits blockchain.info gets per day with people checking this that and everything - an opaque blockchain removes all that accountability from the system leaving it open to scams, heists and fearmongering rumours designed to play havoc with markets.

Nor is telling people "it's math" any good. As I stated in another post, people don't get on planes because they got shown a bunch of aerodynamic equations. They get on them because they see others getting on and not dropping out of the sky.

Bitcoin has survived an unbelievable battering over the last 5 years - from the press, from rumourmills about "malleability double spends", from exchange heists - you name it, it's suffered it. Yet through all that experience, nobody questions its technical integrity today. It has survived and the fact that it did is due in no small measure to the public blockchain supporting a level of accountability and confidence that it unmatched by any financial system be it fiat, precious metal markets or other.

Public consensus is what ultimately "defines" money and you can't have public consensus without a public blockchain. Bitcoin is already an anonymous currency - nobody has yet discovered the identities of the major thieves of the last few years by inspecting the blockchain. Dash boosts this anonymity by an order of magnitude without throwing the baby out with the bathwater and blowing "public consensus" out of the water.

For more developed posts see:

Blockchains and the "right" place to implement cryptography in cryptocurrencies if you want to create money instead of a cryptographic bookkeeping system
https://bitcointalk.org/index.php?topic=421615.msg11035761#msg11035761

The value of public consensus and blockchain auditability:
https://bitcointalk.org/index.php?topic=1064814.msg11429953#msg11429953

Finally, consider this: No monetary medium has ever coupled privacy as a property to the medium itself (for the obvious reason that it isn't 'money' anymore if you do that). Dash boosts privacy, not by hiding the money, but by improving massively on bitcoin's fungibility. Once you've done that, the Satoshi cryptocurrency model naturally takes care of privacy (by the means explained in the first of those two links).

If we do monetary "systems analysis" as if we were designing a business system, we can verify that this is the right approach because:

[1] - fungibility is a an intrinsic monetary property which is cited in countless definitions of "money"

[2] - privacy is an extrinsic monetary property (a property of something outside the monetary medium, like your floorboards where you store the gold)

In bitcoin, that 'extrinsic property' is the universal set of private keys (those are the 'floorboards', the public addresses are the bar of gold. You need to know the private key to access the public commodity).

This model works very powerfully for both criteria - confidence and privacy - when the public blockchain's fungibility is optimal. That is exactly what Dash is designed to address.

I was gonna say, ask Toknormal, 'cause he's explained it so eloquently in the past   But he arrived ahead, as true heros always do