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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9722683 times)
splawik21
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April 05, 2015, 12:57:48 PM
 #92341

Guys do we have the enforcment on? Wondering if my masternodes payment luck is at low lvl Wink

It's on for more than a day now.

You can always check the current status here.
Thnx crowning, you`ve added a new record: Payment Enforcement Status: 'On' since 2015-04-04-02:35:02

BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
RenegadeMan
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April 05, 2015, 01:04:49 PM
 #92342

Sorry you don't appreciate my contributions to your thread, I should have realized this was a "cheer-only" zone.

You see that's where you're completely wrong. It's not "cheer-only" but it is about being constructive. There's nothing you do that's constructive. All you're about (which is why it's embarrassing thinking about the fact that each day you actually think these thoughts about coming here to do this) is cry foul, put shit on the many excellent people here and try to turn away new people that are expressing an interest. You've decided that Dash is a scam and you're just going to scream that non-stop from the rooftops without any critical thought process or rationalisation. And you wonder why people here "don't appreciate (your) contributions". Are you insane?

No cypto has had perfect launches, no crypto is immune to aspects that are potentially imbalanced in the way it's being handled. But like bigrcanada keeps pointing out and none of you knockers want to acknowledge, no one has been hurt by the rapid mining at the start of Darkcoin/Dash. We all dealt with it a long long time ago. It just isn't of any importance to us. So some people have a lot more coins than others. Well, good for them, they were in the right place at the right time. Just like early Microsoft employees that ended up being multi-millionaires many times over simply because they held such large stock parcels from the early share schemes that were so very generous compared to today. They were in the right place at the right time....but they also had to hang in there and work hard to turn their opportunity into something.

It's the same here, some people were in the right place at the right time but their potential benefits are far from being realised. There's so much more work to be done and so many mountains to climb before true greatness can be achieved.

But we're all here because Dash represents something profound and of tremendous substance. We know that some people have access to far more Dash than others. Just like how wealth is so poorly distributed in the world; there are now 2300 billionaires and they have far more 'access' to $USD than most others do. Is it fair? Not always. Have they had to work hard? In most cases yes? Were those billionaires in the right place at the right time? Often, yes. Is it a scam that these 2300 have so much money compared to the rest of us? Well, in some respects when you look at the way the Fed operates and the manner in which the big international banks conduct themselves under provisions made for them, yes it's a big ugly boys-club scam. In other ways many of those 2300 billionaires have earned their money fairly and squarely. What we're hoping to achieve with Dash is something infinitely more beneficial than the current fiat financial systems (as are most of the major crypto projects). We're on the way to that and there's every possibility we'll achieve it; but we're never going to get there through never ending criticism and negativity in the style you're embroiled in. We have to have a high goal before us and STRIVE to reach it. That will never come if we're not using critical thinking and perception so this thread is far beyond how you've characterised it.

All your screaming and frothing at the mouth is truly just an embarrassment Adam. And one day you'll fully realise this and wonder how you could have acted so badly and with such reprehensible disdain for such good people building something so revolutionary and useful that will go on to benefit humanity. That's the unfortunate future realisation you're going to have to grapple with, and it's not going to feel good for you. The good news though is you can change your ways and become constructive rather than just a wrecker and destroyer. Then, years from now you'd really have something great to remember rather than just embarrassment.

BTC:   1KjAPEa3WvhmDGT4jmT9i5P3UPFdFH629e
DASH: Xdr6U5qcAdbuKRrr3xKBb1ySoPq7MKERnB
crowning
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April 05, 2015, 01:17:47 PM
 #92343

Guys do we have the enforcment on? Wondering if my masternodes payment luck is at low lvl Wink

It's on for more than a day now.

You can always check the current status here.
I don't see a list of links like this on our website.  Is there a list of these useful links and tools some where? Thanks

Here. I sometimes even find the time to update those links  Cool
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April 05, 2015, 01:19:32 PM
 #92344

Sorry you don't appreciate my contributions to your thread, I should have realized this was a "cheer-only" zone.

You see that's where you're completely wrong. It's not "cheer-only" but it is about being constructive. There's nothing you do that's constructive. All you're about (which is why it's embarrassing thinking about the fact that each day you actually think these thoughts about coming here to do this) is cry foul, put shit on the many excellent people here and try to turn away new people that are expressing an interest. You've decided that Dash is a scam and you're just going to scream that non-stop from the rooftops without any critical thought process or rationalisation. And you wonder why people here "don't appreciate (your) contributions". Are you insane?

No cypto has had perfect launches, no crypto is immune to aspects that are potentially imbalanced in the way it's being handled. But like bigrcanada keeps pointing out and none of you knockers want to acknowledge, no one has been hurt by the rapid mining at the start of Darkcoin/Dash. We all dealt with it a long long time ago. It just isn't of any importance to us. So some people have a lot more coins than others. Well, good for them, they were in the right place at the right time. Just like early Microsoft employees that ended up being multi-millionaires many times over simply because they held such large stock parcels from the early share schemes that were so very generous compared to today. They were in the right place at the right time....but they also had to hang in there and work hard to turn their opportunity into something.

It's the same here, some people were in the right place at the right time but their potential benefits are far from being realised. There's so much more work to be done and so many mountains to climb before true greatness can be achieved.

But we're all here because Dash represents something profound and of tremendous substance. We know that some people have access to far more Dash than others. Just like how wealth is so poorly distributed in the world; there are now 2300 billionaires and they have far more 'access' to $USD than most others do. Is it fair? Not always. Have they had to work hard? In most cases yes? Were those billionaires in the right place at the right time? Often, yes. Is it a scam that these 2300 have so much money compared to the rest of us? Well, in some respects when you look at the way the Fed operates and the manner in which the big international banks conduct themselves under provisions made for them, yes it's a big ugly boys-club scam. In other ways many of those 2300 billionaires have earned their money fairly and squarely. What we're hoping to achieve with Dash is something infinitely more beneficial than the current fiat financial systems (as are most of the major crypto projects). We're on the way to that and there's every possibility we'll achieve it; but we're never going to get there through never ending criticism and negativity in the style you're embroiled in. We have to have a high goal before us and STRIVE to reach it. That will never come if we're not using critical thinking and perception so this thread is far beyond how you've characterised it.

All your screaming and frothing at the mouth is truly just an embarrassment Adam. And one day you'll fully realise this and wonder how you could have acted so badly and with such reprehensible disdain for such good people building something so revolutionary and useful that will go on to benefit humanity. That's the unfortunate future realisation you're going to have to grapple with, and it's not going to feel good for you. The good news though is you can change your ways and become constructive rather than just a wrecker and destroyer. Then, years from now you'd really have something great to remember rather than just embarrassment.

Thanks sir for this prose.  Well said.  Alas individuals like AW care not and will not change and we must abandon them.  There is a nefarious agenda at play with these several individuals that has yet to play out.  

Thankfully... Their voices will fade as each day passes.  Let's help further this by ignoring them. On to more productive discussions....

Proud lifetime DASH Foundation Member | First Brick & Mortar DASH Merchant |  Please visit DASH.org or DASHtalk.org for a list of merchants and information.
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April 05, 2015, 01:47:48 PM
 #92345

Can we stop quoting the trolls or pay the fucking troll donation fee?  I'm tired of seeing their posts, which is exactly why they are on ignore.  You can't change their minds or reason with them... They will just keep coming if we keep replying.  It's better to ignore, let the inevitable happen, which is Monero flopping,and then they will have no where to throw their 1K crypto investment (really guys... All this over 1k?) but Dash.  They will be reaching out to Mangled or spławik to run a shared node lol

... PLAY SHARE EARN...
.LBRY...
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BTC: 174MGp3R5prNbuen31Kx5G5XuyuAXu9jye
LBC: bWYN8NXGKWsgEAd6tQnJ5YRo2Z4r6PjxBH
bigrcanada
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April 05, 2015, 02:00:41 PM
 #92346

Can we stop quoting the trolls or pay the fucking troll donation fee?  I'm tired of seeing their posts, which is exactly why they are on ignore.  You can't change their minds or reason with them... They will just keep coming if we keep replying.  It's better to ignore, let the inevitable happen, which is Monero flopping,and then they will have no where to throw their 1K crypto investment (really guys... All this over 1k?) but Dash.  They will be reaching out to Mangled or spławik to run a shared node lol

Hi jiggytom....i engaged 2 know Trolls... So I'll pay 1 dash for doing so.  PLEASE post the address here and I'll make my payment.  Wink

Proud lifetime DASH Foundation Member | First Brick & Mortar DASH Merchant |  Please visit DASH.org or DASHtalk.org for a list of merchants and information.
pookielax31
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April 05, 2015, 03:05:35 PM
 #92347

https://bitcointalk.org/index.php?topic=583449.msg10982181#msg10982181

Well Monero is fucked for right now........XMR transactions being de-anonymized by the chain-radar blockchain
[sigh].... I thought some ideas there were very cool and showed promise...If you want ring sigs I guess shadow is best bet now
toknormal
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April 05, 2015, 03:36:03 PM
 #92348


Hobby horse man

Actually, the only people whom this coin's early history "eats up inside" are myopically fanatical crypto miners.

They see the whole world through their precious little mining algos and emission curves. Never mind the fact that the entire cryptocurrency stock is effectively "instamined" relative to the rest of the world that's yet to ever hear of it.

In fact "sane" people will and are flocking to this coin - largely and ironically because it's one of the most well balanced, innovative, transparently managed and honest projects of any crypto. Markets have seen to that and will do so on an ongoing basis.

The fact is, the early high emmission phase is part of this coin's "imperfection" but life is full of imperfections and that is one that's easily liveable with (if your not a religious fanatic) compared with much larger issues that will forever condemn a project to a low valuation - such as fundamentally flawed thinking in their monetary priorities.
splawik21
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April 05, 2015, 03:49:57 PM
 #92349

https://bitcointalk.org/index.php?topic=583449.msg10982181#msg10982181

Well Monero is fucked for right now........XMR transactions being de-anonymized by the chain-radar blockchain
[sigh].... I thought some ideas there were very cool and showed promise...If you want ring sigs I guess shadow is best bet now
hyh, all this shouting here and there how XMR is better etc than DASH just blown up.
I don`t really care about XMR as I`m focus on DASH only but all these trolls and FUDster here just came to pump their coin and now boom boom down to drain.....
btw. looks like btc is recovering...

BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
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April 05, 2015, 03:52:06 PM
 #92350

https://bitcointalk.org/index.php?topic=583449.msg10982181#msg10982181

Well Monero is fucked for right now........XMR transactions being de-anonymized by the chain-radar blockchain
[sigh].... I thought some ideas there were very cool and showed promise...If you want ring sigs I guess shadow is best bet now

It's not deanonymization. They were using a mixin of 0, which is the same as relative transparency(Like a regular bitcoin transaction), and that makes it easy to guess the sender/reciever.

That's the whole point of Cryptonote, to allow anonymity and transparency(Mixin of 0).


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April 05, 2015, 04:04:00 PM
 #92351

https://bitcointalk.org/index.php?topic=583449.msg10982181#msg10982181

Well Monero is fucked for right now........XMR transactions being de-anonymized by the chain-radar blockchain
[sigh].... I thought some ideas there were very cool and showed promise...If you want ring sigs I guess shadow is best bet now

It's not deanonymization. They were using a mixin of 0, which is the same as relative transparency(Like a regular bitcoin transaction), and that makes it easy to guess the sender/reciever.

That's the whole point of Cryptonote, to allow anonymity and transparency(Mixin of 0).



Is that why there is an open bug to force minimum mixins of three in a future release? Transparency was never the idea behind 0 mixins, that's a security flaw at present.
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April 05, 2015, 04:06:32 PM
 #92352

https://bitcointalk.org/index.php?topic=583449.msg10982181#msg10982181

Well Monero is fucked for right now........XMR transactions being de-anonymized by the chain-radar blockchain
[sigh].... I thought some ideas there were very cool and showed promise...If you want ring sigs I guess shadow is best bet now

It's not deanonymization. They were using a mixin of 0, which is the same as relative transparency(Like a regular bitcoin transaction), and that makes it easy to guess the sender/reciever.

That's the whole point of Cryptonote, to allow anonymity and transparency(Mixin of 0).



Is that why there is an open bug to force minimum mixins of three in a future release? Transparency was never the idea behind 0 mixins, that's a security flaw at present.

If you're going to try and "troll", at least don't lie and at least be accurate. Cryptonote was designed to offer anonymity and transparency. The idea was to implement a default mixin of 3(Just as bitcoin-QT has a default fee, etc) so that users get automatic anonymity, even beginners when they first use the wallet. A mixin of 0 was purposely designed to give transparency, and mixins above that purposely designed to give anonymity otherwise the original pseudoanonymous maker(s) of cryptonote would have taken out the mixin 0 function entirely(Which would restrict the potential "duel" use of cryptonote in it's offering of anonymity/transparency).


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bigrcanada
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April 05, 2015, 04:07:05 PM
 #92353

Let's troll Monero forum!

Let's not.  I'm sure you'll Ur joking but we are above such activity.  I know some members from our forum have engaged in such behaviour  and we would please ask them to stop doing so.  We should have no interest in other coins receiving negative PR as it effects all of us.

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April 05, 2015, 04:10:01 PM
 #92354

https://bitcointalk.org/index.php?topic=583449.msg10982181#msg10982181

Well Monero is fucked for right now........XMR transactions being de-anonymized by the chain-radar blockchain
[sigh].... I thought some ideas there were very cool and showed promise...If you want ring sigs I guess shadow is best bet now

It's not deanonymization. They were using a mixin of 0, which is the same as relative transparency(Like a regular bitcoin transaction), and that makes it easy to guess the sender/reciever.

That's the whole point of Cryptonote, to allow anonymity and transparency(Mixin of 0).



Is that why there is an open bug to force minimum mixins of three in a future release? Transparency was never the idea behind 0 mixins, that's a security flaw at present.

If you're going to try and "troll", at least don't lie and at least be accurate. Cryptonote was designed to offer anonymity and transparency. The idea was to implement a default mixin of 3(Just as bitcoin-QT has a default fee, etc) so that users get automatic anonymity, even beginners when they first use the wallet. A mixin of 0 was purposely designed to give transparency, and mixins above that purposely designed to give anonymity.


Sir... None of the senior members of this forum condone this type of activity.  We all have a vested interested in continued positive adoption of crypto currency. 

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April 05, 2015, 04:11:12 PM
 #92355

https://bitcointalk.org/index.php?topic=583449.msg10982181#msg10982181

Well Monero is fucked for right now........XMR transactions being de-anonymized by the chain-radar blockchain
[sigh].... I thought some ideas there were very cool and showed promise...If you want ring sigs I guess shadow is best bet now

It's not deanonymization. They were using a mixin of 0, which is the same as relative transparency(Like a regular bitcoin transaction), and that makes it easy to guess the sender/reciever.

That's the whole point of Cryptonote, to allow anonymity and transparency(Mixin of 0).



Is that why there is an open bug to force minimum mixins of three in a future release? Transparency was never the idea behind 0 mixins, that's a security flaw at present.

If you're going to try and "troll", at least don't lie and at least be accurate. Cryptonote was designed to offer anonymity and transparency. The idea was to implement a default mixin of 3(Just as bitcoin-QT has a default fee, etc) so that users get automatic anonymity, even beginners when they first use the wallet. A mixin of 0 was purposely designed to give transparency, and mixins above that purposely designed to give anonymity.


Sir... None of the senior members of this forum condone this type of activity.  We all have a vested interested in continued positive adoption of crypto currency.  

Ok and I agree, I also hate blatant trolling like lying/misrepresenting things/using emoticons/memes etc and would like to see all of crypto prosper. I don't mind worthwhile conversations though even if about technical features and likes/dislikes, advantages/disadvantages.

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April 05, 2015, 04:19:27 PM
 #92356

https://bitcointalk.org/index.php?topic=583449.msg10982181#msg10982181

Well Monero is fucked for right now........XMR transactions being de-anonymized by the chain-radar blockchain
[sigh].... I thought some ideas there were very cool and showed promise...If you want ring sigs I guess shadow is best bet now

It's not deanonymization. They were using a mixin of 0, which is the same as relative transparency(Like a regular bitcoin transaction), and that makes it easy to guess the sender/reciever.

That's the whole point of Cryptonote, to allow anonymity and transparency(Mixin of 0).



Is that why there is an open bug to force minimum mixins of three in a future release? Transparency was never the idea behind 0 mixins, that's a security flaw at present.

If you're going to try and "troll", at least don't lie and at least be accurate. Cryptonote was designed to offer anonymity and transparency. The idea was to implement a default mixin of 3(Just as bitcoin-QT has a default fee, etc) so that users get automatic anonymity, even beginners when they first use the wallet. A mixin of 0 was purposely designed to give transparency, and mixins above that purposely designed to give anonymity.


Sir... None of the senior members of this forum condone this type of activity.  We all have a vested interested in continued positive adoption of crypto currency.  

Ok and I agree, I also hate blatant trolling like lying/misrepresenting things/using emoticons/memes etc. I don't mind worthwhile conversations though even if about technical features and likes/dislikes, advantages/disadvantages.
It's unfortunate that this behaviour has become the norm in these forums.   There are so many truly bright individuals in BCT.  I think friendly competition is healthy and in fact beneficial.   It is when this friendly competition becomes abusive and corrosive that it throws out all the hard work many of us have done.  Here's to a better positive environment... It starts with us.   

Proud lifetime DASH Foundation Member | First Brick & Mortar DASH Merchant |  Please visit DASH.org or DASHtalk.org for a list of merchants and information.
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April 05, 2015, 05:12:25 PM
Last edit: April 05, 2015, 06:08:39 PM by Minotaur26
 #92357

Dash: Filling the gaps in the Bitcoin protocol through an enhanced incentive mechanism and decentralized governance. (Please read)

Dash is expanding the incentive structure of a cryptocurrency system to include all the elements that are necessary to ensure the long term viability of a crypto project. Specially learning from the gaps found on the Bitcoin project.

For a decentralized system to work optimally, the interests of individual actors on the network must be aligned with the interests of the network as a whole. Meaning, everyone should be acting out of their own self-interest and the system must be designed so that those selfish actions actually benefit the network.
That is the whole principle behind crypto mining, the problem in first generation currencies like Bitcoin, is that other elements of the network that could benefit greatly from an incentive program were not taken into account, like full nodes and core maintenance, just because there was no way they could have identified those areas with absolutely no previous benchmarks.

A very important element is incentivized full node operation, Dash is a first mover on this, and it has created a very interesting dynamic. Running full nodes to support the network while earning coins and using a collateral to create a bond of trust with full node operators.
 
Recently (March 2015) an independent Bitcoin project (Bitnodes) is trying to introduce an incentive system, but it is not done at the protocol level.  Their mechanism seems to mimic our Proof of Service model to some extent but it can’t really have the same effect as it is only one entity with a limited outreach and they don’t use a collateral.

Quote
“The Bitnodes project issued its first incentive last week and will continue to do so until the end of 2015 or until 10,000 nodes are running.
The program uses an incentive program started as an experimental process to reward those who run a node. Rewards for running full nodes are being paid in bitcoin.
A Bitcoin node is a part of the network that allows Bitcoin to operate the way it does. It increases security and improves reliability by validating transactions and blocks and then relaying that information to other full nodes.
Any individual can run a full node by using the Core client (Bitcoin Core).
Miners, the ledger clerks of the Bitcoin sector, are incentivized by rewarding them for solving blocks. These blocks contain information about recent transactions and the reward (at the moment) is 25 bitcoin, which can be spread among those contributing toward the mining.
But there are no similar incentives for individuals or businesses running full nodes. They have only the gratification that they are supporting the network. And if they are not mining, others are being rewarded for it. This is a problem, as nodes are arguably as important as mining.
Another problem: Keeping a full node running for an extensive period entails cost. The hardware being used may be out of play for anything else, or the cost of electricity is significant after an extended time.
The Bitnodes project introduces the Peer Index (PIX) as a way to measure nodes in the network. It is based on 11 properties that can be found in greater detail here. Then nodes are listed on the leader board for all to view.
“If your node is not already up on the leader board, make sure that it is reachable by other peers in the network and activate its node status fromhttps://getaddr.bitnodes.io/nodes/,” said Addy Yeow of Bitnodes.
There are currently 4,006 active nodes. IP, ISP, client, country and more information is available via Bitnodes.
Yeow accedes that the incentives program is not an ideal solution to completely remedy the growth, or lack, of Bitcoin nodes. Further discussion is needed from the community for problem-solving and figuring out a more long-term solution to encourage individuals and businesses to run long-term nodes.”

You can read this full article here: https://bitcoinmagazine.com/19620/bitnodes-project-issues-first-incentives-node-operators/


To me this speaks volumes to the fact that Dash’s strategy hit the nail on the head, their peer index is a form of Proof of Service. People within the Bitcoin ecosystem are trying to do exactly what we already did. The difference is that we implemented this at the protocol level and is ready for growth, while they can only patch the problem with efforts that have limited effect. Also, there is no collateral so this does not solve the Sybil attack issue and the fact that some Bitcoin nodes are spoofing transactions. This is a good example:

Quote
“Chainalysis got caught running 250 fake Bitcoin nodes. Maybe they would have gotten away with it if they hadn’t been slowing down transactions that involved Breadwallet clients. Now that they have been exposed, they deny that they’ve been deliberately running a kind of attack called a “Sybil attack.” They claim that what they call a “partial Sybil attack” was an unintended side effect of tests of a product that would have helped Bitcoin companies stay compliant with local regulations.”
http://ablogaboutnothinginparticular.com/?p=3734

Incentive, has turned Dash’s full-nodes into a developed area of the ecosystem, with people offering their services to run them, monitoring websites, shared full-nodes (masternode pooling), etc. All of this has contribute to develop the economy in a positive way. Just go and ask other projects how many full nodes their network has? Or how they are addressing these issues? It is clear that Bitcoiners identify lack of incentive for running full nodes and absence of collateral as an issue and are trying to mitigate it, Dash has already implemented a full solution for this.

With its Proof of Service strategy the dev team has been able to leverage all that infrastructure to bring added value services that are in the best interests of end users. Stronger privacy for the end users while preserving a visible blockchain, this approach makes it easy to verify and conduct business while protecting user’s privacy, is just digital cash.

Also instant transaction confirmations, help settle crypto transactions faster than using a credit card (around 4s), this technology is great because it allows the receiving party to have certainty of ownership in just a few seconds, and this makes it ideal for face to face transactions making crypto more suitable for real world adoption.

Those are just two examples of things the additional service network strategy is bringing to the table.  The point is it is built in a way where many other trust-less, decentralized added value services can be added.  
One of the things that could be built is a decentralized web-wallet, think about the average Joe that will probably not download their own wallets and keep up with updates in online crypto forums. These are the people we are trying to serve. People like this that have discovered Bitcoin just use services like Coinbase or Circle. Imagine Dash could create things like a decentralized web wallet that runs over the whole network of full nodes, this means it would run on thousands of servers around the world that are run independently by different people, no single point of failure, no central authority.  Dash’s decentralized web wallet could have access to services like preemptive mixing and InstantX. Other things that are being studied are 2FA at the protocol level and transaction abbreviation, the possibilities are endless with this new architecture and Dash is a first mover.

Decentralized Governance

The other thing that first generation projects are missing is a way for the network to support itself and a decentralized system of governance. It recently became apparent that the Bitcoin Foundation is broke and dysfunctional. It is not clear how they are going to pay their core developers for the next year and it seems that they will be depending on the donations of some early adopters, but it is not clear where the responsibility of supporting the core protocol lies. It means the core protocol does not have any mechanism to support and manage itself and it depends on donations for life, it seems that strategy is not working at all, which is ironic for a multibillion crypto project.

From a recent article on this issue:

Quote
“It will be a very interesting year for a professional organization with almost no money to function[Bitcoin Foudation]. In the meantime, core development will have to find a way to sustain itself. Janssens personally offered to help fund as much, saying:
A special trust fund is being created and I will donate several 100k to pre-pay Gavin’s, Wladimirs and some other core devs wage for the next year (if they choose to accept). The control of this trust fund will be handed over to the core devs, who can decide who can join it.” https://www.cryptocoinsnews.com/board-member-olivier-janssens-leaks-damning-facts-bitcoin-foundation/

Also Gavin Andresen said about this topic:

Quote
“I had an idealistic vision of the Foundation being a member-driven organization, but that never happened,” he said.
“The Foundation will support core development” vision didn’t work; I took a couple of weeks off from doing technical work to meet with people capable of funding that vision and it very quickly became clear most “deep pockets” don’t trust that the Foundation would stick to that vision, or aren’t willing to risk their reputations being closely associated with an organization that had two of its Board members resign in disgrace last year.”

This is what he is saying, but I believe as a crypto project grows early adopters build their own businesses and their focus shifts from the core currency to their own private ventures or they just lose interest. That is why the core protocol can't be dependent on charity as the only way to sustain itself, it is clear that Bitcoin is facing this challenge right now.

Dash recently introduced a full-node(masternode) voting mechanism that I believe shows a lot of promise. Each full node represents one vote. Anyone can run a Dash full node but they need a 1000DASH collateral which acts as a bond of trust, they are invested in the project so they are more likely to act on the best interests of the coin.  Also people running shared nodes have a say in the direction the coin is taking.

This can become a great way to make decisions about funding and spending through a foundation than just relying on a few people like in Bitcoin’s case. Masternode voted funding could be a great way to ensure the long term viability of the project, pay core developers, etc. These are the real challenges a growing crypto platform faces and only projects with the maturity and real life experience to confront these issues will be successful.

Most currencies can’t see beyond specific technical features and into creating a self-sustaining crypto platform that takes into account human psychology and market factors as part of the premises that make the system work.  That is why, in my opinion, Dash has a superior approach it is truly looking into Bitcoin experience and learning from it. Coming up with solutions to the problems growth brings and being prepared for it based on Bitcoin’s experience. That is how we ensure continuity while we continue to add value to end users.

 If you are looking to invest in crypto these are the type of questions you should be asking, try not to be caught in the drama and don’t let others drive you to make emotional decisions. Dash’s development team has the strength of spirit to confront these issues head on and build something novel regardless of short term attrition as a consequence of the hard decisions that need to be made for the protection of the majority and the long term viability of the project.
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April 05, 2015, 05:35:32 PM
 #92358

andddddddddddd shoot up to 10$  Grin Grin

Cmon   Roll Eyes What is better than DASH ? XMR is in the dust now,only a clone coin,and don't say shadowcoin... Another shitty scam using cryptonote tech(which is openly a scam,since bytecoin...) There's all scam except dash lol.

Freacking low level tech....
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April 05, 2015, 05:39:21 PM
 #92359

andddddddddddd shoot up to 10$  Grin Grin

Cmon   Roll Eyes What is better than DASH ? XMR is in the dust now,only a clone coin,and don't say shadowcoin... Another shitty scam using cryptonote tech(which is openly a scam,since bytecoin...) There's all scam except dash lol.

Freacking low level tech....

Shadow isn’t cryptonote... It uses ring-sigs but its codebase is Bitcoin so yea a big difference between the 2
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April 05, 2015, 05:42:38 PM
 #92360

Dash: Filling the gaps in the Bitcoin protocol through an enhanced incentive mechanism and decentralized governance. (Please read)

breath of fresh air to read this after hitting the ignore button on 10 different users in this forum. thank you Minotaur26 for making this thread bearable. Great post right there.
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