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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9722498 times)
iCEBREAKER
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July 24, 2015, 01:34:45 AM
 #99961

$4,536 a day buys you a Bitcoin denial of service attack.

How much to buy a Dash "stress test?"

Let's find out...

*evil grin*


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whether we have a dictatorship or a real democracy." 
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"Fungibility provides privacy as a side effect."  Adam Back 2014
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July 24, 2015, 02:00:18 AM
 #99962

So basically, the more miners mine DASH or the more hashrate, the less is earned.

Currently, there is a 7% decrease in the number of coins generated per year, which would mean higher price?

How much income do masternodes get from services such as instantx or mixing?

Also, if the daily income per masternode drops under $1.00 per day, the incentive to own a masternode decreases.  Sad

There is a minimum floor for the block reward so difficulty can't go to extremes crushing the reward. The network gets the IX and mixing fees. So indirectly, the masternode selected during a high fee period would get more (along with the miner and the proposal fund).
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July 24, 2015, 02:47:50 AM
 #99963

what's the minimum floor? $1?










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ElonCoin.org.
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.
"I could either watch it
happen or be a part of it"

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Lebubar
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July 24, 2015, 03:09:49 AM
 #99964

what's the minimum floor? $1?


The minimum floor was 5DASH before the 7% reduce. So now it's 4.65 DASH per block.
bluebit25
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July 24, 2015, 03:34:19 AM
 #99965

what's the minimum floor? $1?


The minimum floor was 5DASH before the 7% reduce. So now it's 4.65 DASH per block.

We have almost 3000 masternodes now, the below image shows a much better ROI, now with more masternodes the ROI is getting much smaller.










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Mars,           
here we come!
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ElonCoin.org.
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.
"I could either watch it
happen or be a part of it"

▬▬▬▬▬
iCEBREAKER
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July 24, 2015, 04:11:35 AM
 #99966

what's the minimum floor? $1?


The minimum floor was 5DASH before the 7% reduce. So now it's 4.65 DASH per block.

We have almost 3000 masternodes now, the below image shows a much better ROI, now with more masternodes the ROI is getting much smaller.



Is that chart still on the official site, or did they remove it for some (*cough* legal *cough*) reason?  It's not where it used to be.

http://darkcoin.guide/wp-content/uploads/2014/12/masternode_payment_plan.png

--> 404

 Huh    Undecided


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
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July 24, 2015, 05:44:36 AM
 #99967

I would like to know how Dash could makes it's self usefull in this blockchain development,the market for blockchain technology is the most intresting part of crypto: https://www.cryptocoinsnews.com/nasdaq-more-block-chain-please/
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July 24, 2015, 06:01:34 AM
 #99968

$4,536 a day buys you a Bitcoin denial of service attack.

How much to buy a Dash "stress test?"

Let's find out...

*evil grin*

Perhaps the DASH blockchain funding should set aside a modest amount per month to continuously stress test MONERO unprunable blockchain. Could we get to 100 gigs before 2016?
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July 24, 2015, 06:08:38 AM
 #99969

I would like to know how Dash could makes it's self useful in this blockchain development,the market for blockchain technology is the most interesting part of crypto: https://www.cryptocoinsnews.com/nasdaq-more-block-chain-please/


The block chain isn't interesting without a very well distributed network.  Unless you have a lot of entities that are "out for themselves" meaning, they're not going to let anyone else cheat as it doesn't help them, and they get rewarded for securing the network, it doesn't really mean anything.  So a bank creating it's own blockchain is just making a ledger.  Get enough banks that have less than 25% share in any kind of grouping, in the blockchain, you might have something, but I can't imagine anyone, especially a smaller bank, trusting the big guys.

So in a way, if you don't reward people for securing the blockchain, you can't make it truly distributed and trustless.  Hence a good blockchain, in my opinion, will have to have a coin as a function of reward in it.  So in a lot of ways, we're kind of stuck with a "coin" for every blockchain, IMO, no matter the main function of it.  Especially on wall street, OMG, any way they can cheat - even if it requires cooperation, they'll do it!  LOL.

So, yah, Dash simply makes itself interesting by being well established.  The better established a coin is, the better a choice it is to build your platform on.  What the Dash community could do is fund a project that would create an interface for making it easy for corporations to establish their needs upon the Dash blockchain.  There could be a service charge for the use, which would be distributed with the block reward just like fees are.  In return they would receive a fast and secure ledger for their transactions.  NASDAQ will use Bitcoin, as it's the oldest, but will Bitcoin crumble on the pressures of servicing big companies?  Dash is very nimble and if it looks like this is something that we can provide, I'm sure our developers will be able to come up with a quick solution that can be implemented just as quickly. 

Anyway, yah, we're totally open to anything that anyone wants to submit, as long as there are rewards enough for taxing the system.

Another proud lifetime Dash Foundation member Smiley My TanteStefana account was hacked, Beware trading
"You'll never reach your destination if you stop to throw stones at every dog that barks."
Sir Winston Churchill  BTC: 12pu5nMDPEyUGu3HTbnUB5zY5RG65EQE5d
iCEBREAKER
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July 24, 2015, 06:09:51 AM
 #99970

$4,536 a day buys you a Bitcoin denial of service attack.

How much to buy a Dash "stress test?"

Let's find out...

*evil grin*

Perhaps the DASH blockchain funding should set aside a modest amount per month to continuously stress test MONERO unprunable blockchain. Could we get to 100 gigs before 2016?

Could be good for some lulz.  Ok, I dare you!   Cheesy


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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July 24, 2015, 06:45:12 AM
 #99971

I would like to know how Dash could makes it's self useful in this blockchain development,the market for blockchain technology is the most interesting part of crypto: https://www.cryptocoinsnews.com/nasdaq-more-block-chain-please/


The block chain isn't interesting without a very well distributed network.  Unless you have a lot of entities that are "out for themselves" meaning, they're not going to let anyone else cheat as it doesn't help them, and they get rewarded for securing the network, it doesn't really mean anything.  So a bank creating it's own blockchain is just making a ledger.  Get enough banks that have less than 25% share in any kind of grouping, in the blockchain, you might have something, but I can't imagine anyone, especially a smaller bank, trusting the big guys.

So in a way, if you don't reward people for securing the blockchain, you can't make it truly distributed and trustless.  Hence a good blockchain, in my opinion, will have to have a coin as a function of reward in it.  So in a lot of ways, we're kind of stuck with a "coin" for every blockchain, IMO, no matter the main function of it.  Especially on wall street, OMG, any way they can cheat - even if it requires cooperation, they'll do it!  LOL.

So, yah, Dash simply makes itself interesting by being well established.  The better established a coin is, the better a choice it is to build your platform on.  What the Dash community could do is fund a project that would create an interface for making it easy for corporations to establish their needs upon the Dash blockchain.  There could be a service charge for the use, which would be distributed with the block reward just like fees are.  In return they would receive a fast and secure ledger for their transactions.  NASDAQ will use Bitcoin, as it's the oldest, but will Bitcoin crumble on the pressures of servicing big companies?  Dash is very nimble and if it looks like this is something that we can provide, I'm sure our developers will be able to come up with a quick solution that can be implemented just as quickly.  

Anyway, yah, we're totally open to anything that anyone wants to submit, as long as there are rewards enough for taxing the system.

 I was going to take a shot at it, but then Tante comes along an nails it.

 Your first paragraph describes Ripple perfectly. The second the importance of distributed mining process. The third, be it our biased speculation, how in between the lines it reads that blockchain is not bitcoin and better options are out there. Bitcoin is the pioneer but crippling with every new block. Dash is becoming a behemoth crypto developing tech like wildfire.

 No one is delivering on schedule like Dash. Delivering, meaning, actually deploying functionalities, not promises.

 NXT ? what the hell is going on with Ethereum?! What does Litecoin bring to the table? When will MaidSafe ever deliver its first bloody beta? Stellar is Ripple/2 (despite morally cleaner), Doge an ideological playground.

 And lets not forget the wonderful word "fungible" - That I've come to adore, as it is this that will truly kink crypto history as a liberating power to the masses, while at the same time perfectly serving the necessities of the economic status quo.
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July 24, 2015, 07:02:14 AM
 #99972


Dash is becoming a behemoth crypto developing tech like wildfire.


 Smiley  You made me giggle!

I guess you're right, if by "behemoth crypto" you mean non-anonymous1 bad crypto2.  And by "tech like wildfire" you mean bamboo copies3 and snake oil4.

Citations:

1. Peter Todd: DarkCoin is not anonymous

2. Peter Todd calls dash "bad crypto."

3. Peter Todd calls dash's instant-x fake.

4. Peter Todd calls dash snake oil.


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
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"Fungibility provides privacy as a side effect."  Adam Back 2014
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July 24, 2015, 08:42:18 AM
 #99973

Is that chart still on the official site, or did they remove it for some (*cough* legal *cough*) reason?  It's not where it used to be.

http://darkcoin.guide/wp-content/uploads/2014/12/masternode_payment_plan.png

--> 404

 Huh    Undecided

Oh dear, when was darkcoin.guide ever official? I shut it down as such information should be available on the official wiki, and I don't want to maintain two websites with similar content.

But I love your conspiracy theories Cheesy
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July 24, 2015, 08:52:44 AM
 #99974



 Smiley  You made me giggle!



 You giggle due to your own ignorance, Eduardo. There is nothing funny about any of this.

 I will only respond to this because it really seems Peter Todd did in fact say these thing, not you. What Peter Todd should do, first and foremost, as should anyone in the entire planet... is to test the features and audit the code (if they can) for themselves. And judge first hand, not here say.

 Simply spewing out comments like these through social networks is extremely unprofessional. Unsubstantiated claims are worthless. I'd like to see him point to the exact lines in the code that form his "opinion".

 It is natural, when you're on the spotlight and heading the development of the biggest name in the financial revolution of natural history, and seeing the end of the road is near and utter potential disaster around the corner, and true competitors winning at their own game... that these sort of out-lashes occur.

 It is very very sad indeed. Even if these claims had the slightest substance, in no way should he ever comment in these terms. It is a clear sign of fragility and fear by his part. He should at the very least choose his wordings in a more mature fashion, given his position.

Anyone is welcome to download our software and create a config file with "testnet=1" and get free testnet coins and test and try and experiment and see for themselves if Peter Todd's insults have any substance.
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July 24, 2015, 09:04:10 AM
 #99975

$4,536 a day buys you a Bitcoin denial of service attack.

How much to buy a Dash "stress test?"

Let's find out...

*evil grin*

Perhaps the DASH blockchain funding should set aside a modest amount per month to continuously stress test MONERO unprunable blockchain. Could we get to 100 gigs before 2016?
i'd vote for that!

DASH = Digital Cash         FAQ          DASHTALK        DashNews
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July 24, 2015, 09:07:46 AM
 #99976

what's the minimum floor? $1?


The minimum floor was 5DASH before the 7% reduce. So now it's 4.65 DASH per block.

So, when we'll hit 30/50/100$ x 1Dash I'll receive 139.5/232.5/465$ as minimum? Or approx. 819/1395/2790$ x month at minimum and each masternode?
Lol, sound fucking good!

BTW: 2880 Msn!  Cool
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July 24, 2015, 09:12:25 AM
 #99977

what's the minimum floor? $1?


The minimum floor was 5DASH before the 7% reduce. So now it's 4.65 DASH per block.

So, when we'll hit 30/50/100$ x 1Dash I'll receive 139.5/232.5/465$ as minimum? Or approx. 819/1395/2790$ x month at minimum and each masternode?
Lol, sound fucking good!

As i think we have to wait for a little more to gain this price level at permanent basis, at the moment DASH is moving ahead in right direction with solid growth so it will be happen in very near future. Grin
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July 24, 2015, 10:26:17 AM
 #99978

20% not bad
Dash needs china to raise... ltc, namecoin, etc... all this coins are on chinese exchanges

dash getting added to BTC - E
is there any news?
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July 24, 2015, 10:30:42 AM
 #99979


Nonsense !
this is all hearsay and hype
there is NO official statement that they will
and i doubt they ever will !
Macno
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July 24, 2015, 10:35:38 AM
 #99980

Nonsense !
this is all hearsay and hype
there is NO official statement that they will
and i doubt they ever will !

Why wouldn`t they?
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