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

[coins101]

http://coinmarketcap.com/exchanges/volume/24-hour/

Cryptsy


Currency      Pair             Volume (24h)    Price            Volume (%)

1 Darkcoin    DRK/BTC         $ 109,200         $ 3.07           47.34 %
2 PayCoin     XPY/BTC            $ 32,718         $ 0.692329   14.18 %
3 Dogecoin   DOGE/BTC         $ 21,734         $ 0.000139     9.42 %
4 Bitcoin      BTC/USD           $ 11,246          $ 282.88         4.88 %
5 Litecoin     LTC/BTC             $ 7,297          $ 2.00             3.16 %


Bitfinex


Currency      Pair             Volume (24h)    Price            Volume (%)

1 Bitcoin         BTC/USD     $ 9,362,540       $ 284.61        98.85 %
2 Darkcoin      DRK/BTC        $ 56,846         $ 3.06             0.60 %
3 Litecoin        LTC/USD         $ 23,190         $ 2.00            0.24 %
4 Tether         USDT/USD       $ 17,639         $ 1.00            0.19 %
5 Litecoin       LTC/BTC            $ 7,877         $ 2.00            0.08 %
6 Darkcoin      DRK/USD          $ 2,998         $ 3.00            0.03 %

over 12 months, that's a run rate of over $60m in turnover.

wait till it starts to really cook.

[coins101]

Small change...

Bumpitty, bump, bump!
This logo animation shouldn't stay buried for long!
DASH

Dash the Cash 

[Lebubar]

Small change...

Bumpitty, bump, bump!
This logo animation shouldn't stay buried for long!
DASH

Dash the Cash 

I think that we (quasi) all agree that this animation is really great.

For the static logo. Maybe we can consider adding some color.
When we see it side to side with visa, mastercard, and other (there is one image circuling) it's the only one monocolor, and seem little fade..Not sur if better but have to try some color, just to see.
Mayby only the - ...

[Minotaur26]

DASH: Building decentralized infrastructure through incentivized full-node operation.

Masternodes is how DASH calls their full nodes. Every coin needs full nodes.

From this Coindesk article:  http://www.coindesk.com/bitcoin-nodes-need/

"To function to its full potential, the bitcoin network must not only provide an avenue for transactions, but also remain secure. By using a number of randomly selected nodes, the network can reduce the problem of double spending – when a user attempts to spend the same digital token twice.

However, bitcoin doesn't just need nodes, it requires lots of fully functioning nodes – nodes that have the bitcoin core client on a machine instance with the complete block chain. The more nodes there are, the more secure the network is. This is one of the reasons there is a plan to put bitcoin nodes in space, and that the plan has important implications for bitcoin. The problem is, the number of nodes on the network is dropping, and core developers believe it may continue to do so."

There are two main differences between DASH full-nodes(Masternodes) and other crypto currencies full nodes. In DASH full-node operators are incentivized and the DASH network requires a 1000DASH collateral to run a node.

From, the same Coindesk article Bitcoiners have found lack of incentive to be one of the main reasons for the drop in nodes:

"Unlike bitcoin mining, where participants are rewarded for confirming transactions, running a bitcoin node does not provide any incentive. The only benefit for someone to run a node is to help protect the network, and based on the Bitnodes data, the number of people interested in supporting the network with a full node is waning.

There could be a number of reasons for that.

For one thing, running a full node utilizes the resources of a machine for basically no monetary return. Plus, the collapse of Mt. Gox has likely left many people with less desire to support the digital currency."

On the other hand, the lack of a collateral makes it free for people to Sybil attack the network and spoof transactions. From this link http://www.reddit.com/r/Bitcoin/comments/2yvy6b/a_regulatory_compliance_service_is_sybil/ you can see:

"A "regulatory compliance" service is sybil attacking Bitcoin with surveillance nodes to deanonymize transactions."

Another issue of lack of incentive to run full-nodes is that as crypto-networks grow it leads to more centralitzation:

"Members of the bitcoin community seem to be losing interest in hosting full nodes. And it's something to pay attention to, because over time it might mean that the major companies in the industry may have to pick up the slack.

If larger players are taking up the role of supporting the network as full nodes, though, it continues to lessen the amount of decentralization the network has at an infrastructure level."

DASH strategy solves all of these issues, through collateral requirement and incetivized full-node operation.

Once you have a decentralized network of full nodes, where you can count on updates, committed operators and protection from bad actors, all tied to your blockchain. You can really start building features and services over it to provide added value services to end users.

So far DASH has implemented on this platform:

1. Better fungibility and privacy than other existing solutions, by using denominations and pre-emptive mixing, effectively creating digital cash. In DASH you can divide your money into denominations: 0.1, 1, 10, 100, mix it preemptively with other users in the network in a completely trustless and decentralized way and finally use it to pay for things just like with cash.

2. Instant transaction confirmations without creating any additional bloat in the blockchain. This technology will allow for crypto-currencies such as DRK/DASH to compete with nearly instantaneous transaction systems such as credit cards for point-of-sale situations while not relying on a centralized authority. It shortens the delay in confirmation of transactions to as little as 4 seconds.

Planned features:

3. 2FA at the protocol level
4. Pruning and scalability
5. Additional decentralized features and services yet to be revealed.

This is DASH's added value proposition. Please discuss.

References:
http://www.coindesk.com/bitcoin-nodes-need/
http://www.reddit.com/r/Bitcoin/comments/2yvy6b/a_regulatory_compliance_service_is_sybil/

[qwizzie]

not much to discuss, because i agree  

edit : and its one pearl of a post

[TaoOfSaatoshi]

DASH: Building decentralized infrastructure through incentivized full-node operation:

Masternodes is how DASH calls their full nodes. Every coin needs full nodes.

From this Coindesk article:  http://www.coindesk.com/bitcoin-nodes-need/

"To function to its full potential, the bitcoin network must not only provide an avenue for transactions, but also remain secure. By using a number of randomly selected nodes, the network can reduce the problem of double spending – when a user attempts to spend the same digital token twice.

However, bitcoin doesn't just need nodes, it requires lots of fully functioning nodes – nodes that have the bitcoin core client on a machine instance with the complete block chain. The more nodes there are, the more secure the network is. This is one of the reasons there is a plan to put bitcoin nodes in space, and that the plan has important implications for bitcoin. The problem is, the number of nodes on the network is dropping, and core developers believe it may continue to do so."

There are two main differences between DASH full-nodes(Masternodes) and other crypto currencies full nodes. In DASH full-node operators are incentivized and the DASH network requires a 1000DASH collateral to run a node.

From, the same Coindesk article Bitcoiners have found lack of incentive to be one of the main reasons for the drop in nodes:

"Unlike bitcoin mining, where participants are rewarded for confirming transactions, running a bitcoin node does not provide any incentive. The only benefit for someone to run a node is to help protect the network, and based on the Bitnodes data, the number of people interested in supporting the network with a full node is waning.

There could be a number of reasons for that.

For one thing, running a full node utilizes the resources of a machine for basically no monetary return. Plus, the collapse of Mt. Gox has likely left many people with less desire to support the digital currency."

On the other hand, the lack of a collateral makes it free for people to Sybil attack the network and spoof transactions. From this link http://www.reddit.com/r/Bitcoin/comments/2yvy6b/a_regulatory_compliance_service_is_sybil/ you can see:

"A "regulatory compliance" service is sybil attacking Bitcoin with surveillance nodes to deanonymize transactions."

Another issue of lack of incentive to run full-nodes is that as crypto-networks grow it leads to more centralitzation:

"Members of the bitcoin community seem to be losing interest in hosting full nodes. And it's something to pay attention to, because over time it might mean that the major companies in the industry may have to pick up the slack.

If larger players are taking up the role of supporting the network as full nodes, though, it continues to lessen the amount of decentralization the network has at an infrastructure level."

DASH strategy solves all of these issues, through collateral requirement and incetivized full-node operation.

Once you have a decentralized network of full nodes, where you can count on updates, committed operators and protection from bad actors, all tied to your blockchain. You can really start building features and services over it to provide added value services to end users.

So far DASH has implemented on this platform:

1. Better fungibility and privacy than other existing solutions, by using denominations and pre-emptive mixing, effectively creating digital cash. In DASH you can divide your money into denominations: 0.1, 1, 10, 100, mix it preemptively with other users in the network in a completely trustless and decentralized way and finally use it to pay for things just like with cash.

2. instant transaction confirmations without creating any additional bloat in the blockchain. This technology will allow for crypto-currencies such as DRK/DASH to compete with nearly instantaneous transaction systems such as credit cards for point-of-sale situations while not relying on a centralized authority. It shortens the delay in confirmation of transactions to as little as 4 seconds.

Planned features:

3. 2FA at the protocol level
4. Pruning and scalability
5. Additional decentralized features and services yet to be revealed.

This is DASH's added value proposition. Please discuss.

References:
http://www.coindesk.com/bitcoin-nodes-need/
http://www.reddit.com/r/Bitcoin/comments/2yvy6b/a_regulatory_compliance_service_is_sybil/

You and I are going to make a great team! You keep churning this win out and I will make sure the world sees it! BRB...

[TaoOfSaatoshi]

Actually, this is going to be the next DASHBlog... I know you won't mind.

[Minotaur26]

Actually, this is going to be the next DASHBlog... I know you won't mind.

Go ahead is meant to be shared

[qwizzie]

i cant wait to see the next one, wait let me guess :

DASH: Using decentralized mixing (DMIX) to create private transactions :

[BlockaFett]

There's also no incentive to buy a coin after the initial "high reward" period. So you're right back where you started. I love all these know it alls on BCT, really.. tell us more about exactly how cryptocurrency should look

How cryptocurrency should look? - read the OP.  I don't think anyone cares what nutjob ideas you have about 'emmision' and 'fair distribution' because every coin you invested since you joined crypto is now worthless, now you are at the most promising coin FUD'ing daily, do you think maybe you got something the wrong way round?

[qwizzie]

Please community can we not reply anymore to Adam White and IceBreaker, they can't have a conversation with themselves, and quite frankly no one cares what the trolls think, so there is no need to correct them. They feed on attention and that is why they are here so lets not give them what they really want.

I will keep an official list of known trolls:

1. Adam White
2. IceBreaker


That will be enough for lurkers if that is what you are worried about.

[BlockaFett]

^ true, ignore activated...

[etoque]

I don't agree. We can deal with our pet trolls.

Let people say what they want, they portray themselves and the coins they support. Is very informative

+1 estic d' acord

Mais diantre que vois-je, un québécois

[TaoOfSaatoshi]

Actually, this is going to be the next DASHBlog... I know you won't mind.

Go ahead is meant to be shared

A few minor edits, and posted. Now to send to my "influencers" list!
https://www.rebelmouse.com/dashisdigitalcash/dash-building-decentralized-infrastructure-through-incentivized-full-n-1040847654.html

[dazbarlby]

Thanks to everyone that +1'd my logo.

Here's a bit of an improvement, including what I think would be a good slogan.

Here. I actually took a few minutes to clean it up and do it in Illustrator rather than my quickie earlier version.

Hi Salkenex

Can you tell me which font you used on this logo?

Cheers

[etoque]

There's also no incentive to buy a coin after the initial "high reward" period. So you're right back where you started. I love all these know it alls on BCT, really.. tell us more about exactly how cryptocurrency should look

How cryptocurrency should look? - read the OP.  I don't think anyone cares what nutjob ideas you have about 'emmision' and 'fair distribution' because every coin you invested since you joined crypto is now worthless, now you are at the most promising coin FUD'ing daily, do you think maybe you got something the wrong way round?

Yeah, cryptocurrencies should be instamined by a fraudulent dictator-style cult leader according to you.

Man, are you ever dumb. No wonder you like darkcoin

Motherfucker .. I am going to troll monero from today.

eye to eye

[GhostPlayer]

 Darkcoin has so many layers of brilliance, its not even funny.

 The only thing left is to figure out how to do  100% trustless Masternode Pools and write a whitepaper about it ... (*cof cof cof*)

 

[etoque]

This community is well recognized to scam and FUD other threads, nice job guys, you don't lose credibility, because you had none.


This will only hurt dakcoin/dash anyway  

LOL ? This community didn't FUD or scam in other thread you fucker or what ever shit you say ,when your dubass coin tank all your stupid childish community come over here and try to do the same at dark,unfortunately we have just rebounce

Go try to defend your trash away looser

[Minotaur26]

There's also no incentive to buy a coin after the initial "high reward" period. So you're right back where you started. I love all these know it alls on BCT, really.. tell us more about exactly how cryptocurrency should look

How cryptocurrency should look? - read the OP.  I don't think anyone cares what nutjob ideas you have about 'emmision' and 'fair distribution' because every coin you invested since you joined crypto is now worthless, now you are at the most promising coin FUD'ing daily, do you think maybe you got something the wrong way round?

Yeah, cryptocurrencies should be instamined by a fraudulent dictator-style cult leader according to you.

Man, are you ever dumb. No wonder you like darkcoin

Motherfucker .. I am going to troll monero from today.

eye to eye

Please don't troll other threads we are better than that and it will just reflect bad on this project.  If you didn't reply to his last two posts he wouldn't have posted in the first place. Please don't feed the troll, nobody cares. Just ignore.

[toknormal]

Motherfucker .. I am going to troll monero from today.

I wouldn't have thought there was any need to take it out on them. They can't be held responsible for the neurotic crackpots that float around these threads.