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

[wozzek23]

On March 21st, there were 2407 MNs.

Today there are 2174 active MN. I haven't seen such drop in the number of active MNs for a while. Any ideas what's going on, aside the people selling to lock in the profit. (but than, that would go against the idea of a Masternode)

Is this a result of Proof of Work, Even just posted?

It's mainly because of the recent update... the count always goes down until people find the time to do the update AND those Masternodes are listed again.

Look at this graph and guess when the last 3 updates happened:

I got it, thank you for assuaging my fear. My worries were premature anyway - at the moment, only an hour or so later, the MN count is 2411 which is for 4 more than on March 21st data which alarmed me.

Happy again

[ddink7]

For now the system is working. There will always be attack vectors be it through hash majority or nothing at stake or just through being untested on any coin.

I'm not saying it's not something that shouldn't be thought about just that what you are proposing would have to be super bulletproof, would cause mega uproar and masternodes would certainly have to hide their IPs (wouldn't be a bad thing anyway) etcetc etc. While there are dangers in POW to me at least it seems the best most tried and tested and secure way (for now).

This discussion has come about a few times and I firmly believe a slow measured brainstorm on dashtalk would yield better results than POW fear posted here.

I did start a thread over there, but as it has garnered no replies at all, I thought I'd bring it up over here.

I'm really curious about this from a development perspective. Is it possible to do something like this? Would love to have Udjin or eduffield or another dev comment...

[illodin]

With darksend you can't even do that. You have a coinjoin transaction (or a sequence of them if multiple rounds) and one/some of the inputs is/are yours but you can't prove those coins didn't go somewhere else. Again you are back to transaction logs and such, which can be faked.

The coins are premixed, so when you are doing the actual transaction to a merchant, you will send directly from addresses to which you hold the private keys. Currently if you need to sign a message to prove you made the transaction, I guess you'd have to sign from all the denomination addresses that were used in the transaction, or perhaps the merchant would be satisfied with just one (as he knows that if you can prove you own one of them, you own them all).

Example: after (pre)mixing you hold the following unspent outputs in separate addresses:

A: 10 DASH
B: 1 DASH
C: 1 DASH

Then, two weeks later, you will send 12 DASH to a merchant, and use those unspents as inputs to the transaction. Later you can sign messages from any and all of the addresses A, B, and C. If at some point it would be deemed important to be able to prove it was you who made the transaction, perhaps the wallet could have a feature where you click a sent transaction and select "multisign a message from the source addresses" or something similar so you don't have to sign three messages.

[Freckleg]

TREZOR Releases Firmware 1.3.3 with Dash integration !

http://satoshilabs.com/news/2015-04-07-trezor-firmware-1-3-3-connect-api/

With TREZOR firmware 1.3.3 we are introducing our latest innovation for secure password-less user authentication – the TREZOR Connect.

This firmware further improves the overall security of the TREZOR hardware wallet and your privacy.

We have also implemented an important change to PIN protection and added support for the Dash coin type.
 

That is very cool!  I'll give it a try

hmm anyone knows if you can have dash and bitcoin on the same Trezor? How to setup a dash address?

[rfisher1968]

What is the average daily return on running a masternode not including the VPS cost?

[Solarminer]

Sorry if this has been answered before but I've gone over the guides and how to start multiple MN's from a single wallet but it doesn't specifically say if you can run multiple MNs from a single machine?   Do I need 5 pi's to run 5 MNs?     I understand I can use Amazon or another VPS provider but same question,  do I run 5 independent instances?      There are other services out there that allow for one setup the MN for you at a very reasonable price but I'm looking to do it myself the same way I got into mining...   was painful at the beginning but in the end I felt it was worth it.

...and if I have to run 5 PIs,  can they all be run from the same location?  

Thnx for the help,  the process of setting up a single MN looks pretty straight forward and one of my friends just got his going.  Just looking to understand what is the cheapest solution to get 5 going.

Each masternode needs a dedicated IP address.  So if you pay for 5 static IP addresses through your ISP you can forward port 9999 for each IP to a PI.  You can also use one computer(I5, I7) running virtual machines(5GB disk space and 256MB ram) and each would be forwarded the 9999 port from a static IP address.  You may be able to run more than one node on a PI if you are creative with port forwarding(static IP port 9999 --> local port 999x) and specify different data directories.

Otherwise run the masternodes from a VPS with a dedicated IP address.  Usually you need to buy one instance for each IP.  So one instance per masternode.

To answer your question on the cheapest solution.  The cheapest for me was to get IPs from my ISP at about $2/mo each.  I have a media PC running mythbuntu that I use to run virtual machines running masternodes.

[Solarminer]

What is the average daily return on running a masternode not including the VPS cost?

You get paid 2 DASH every 4 days = $2/day.  (Numbers are rounded and vary by masternode count.)

[WastedLTC]

Sorry if this has been answered before but I've gone over the guides and how to start multiple MN's from a single wallet but it doesn't specifically say if you can run multiple MNs from a single machine?   Do I need 5 pi's to run 5 MNs?     I understand I can use Amazon or another VPS provider but same question,  do I run 5 independent instances?      There are other services out there that allow for one setup the MN for you at a very reasonable price but I'm looking to do it myself the same way I got into mining...   was painful at the beginning but in the end I felt it was worth it.

...and if I have to run 5 PIs,  can they all be run from the same location?  

Thnx for the help,  the process of setting up a single MN looks pretty straight forward and one of my friends just got his going.  Just looking to understand what is the cheapest solution to get 5 going.

Each masternode needs a dedicated IP address.  So if you pay for 5 static IP addresses through your ISP you can forward port 9999 for each IP to a PI.  You can also use one computer(I5, I7) running virtual machines(5GB disk space and 256MB ram) and each would be forwarded the 9999 port from a static IP address.  You may be able to run more than one node on a PI if you are creative with port forwarding(static IP port 9999 --> local port 999x) and specify different data directories.

Otherwise run the masternodes from a VPS with a dedicated IP address.  Usually you need to buy one instance for each IP.  So one instance per masternode.

To answer your question on the cheapest solution.  The cheapest for me was to get IPs from my ISP at about $2/mo each.  I have a media PC running mythbuntu that I use to run virtual machines running masternodes.

perfect,  thanks for the info.   

[TaoOfSaatoshi]

What is the average daily return on running a masternode not including the VPS cost?

576 blocks per day/2411 Masternodes × 1.97DASH=.47 DASH per day.
.47DASH per day × 3.70 USD (current value) = 1.74USD per day.

[TaoOfSaatoshi]

Damn iam starting to lose my fath in this coin I have been holding it over one year now an I have paid a lot more than the value of the coin now I only have 2 masternodes but I got a feeling this will not go anywhere in like one more year :/ mabye I will sell one of my mn on Friday ill will do it if the price drops more than this... Pm me if u are intrested in buying it

Dude, this is no get rich quick scheme! Most Masternode holders such as myself have a long term vision for this coin. What Evan has accomplished in a year is nothing short of remarkable, and it's scary to think what he can accomplish with help in the future. We are barely scratching the surface of MN potential. Sell if you must, I am holding all the way.

[ahoenk]

Damn iam starting to lose my fath in this coin I have been holding it over one year now an I have paid a lot more than the value of the coin now I only have 2 masternodes but I got a feeling this will not go anywhere in like one more year :/ mabye I will sell one of my mn on Friday ill will do it if the price drops more than this... Pm me if u are intrested in buying it

Dude, this is no get rich quick scheme! Most Masternode holders such as myself have a long term vision for this coin. What Evan has accomplished in a year is nothing short of remarkable, and it's scary to think what he can accomplish with help in the future. We are barely scratching the surface of MN potential. Sell if you must, I am holding all the way.

Thanks for the pep talk:) but iam not understand why people doesn't get how great this coin is an when I have been here every day for like one year it scears me some that we are not more valuable at this time like at least 10 dollar

it will...just wait...trust me..

[etoque]

Damn iam starting to lose my fath in this coin I have been holding it over one year now an I have paid a lot more than the value of the coin now I only have 2 masternodes but I got a feeling this will not go anywhere in like one more year :/ mabye I will sell one of my mn on Friday ill will do it if the price drops more than this... Pm me if u are intrested in buying it

Patience i bet we're over ten dollars in less than 3 month

[TaoOfSaatoshi]

Damn iam starting to lose my fath in this coin I have been holding it over one year now an I have paid a lot more than the value of the coin now I only have 2 masternodes but I got a feeling this will not go anywhere in like one more year :/ mabye I will sell one of my mn on Friday ill will do it if the price drops more than this... Pm me if u are intrested in buying it

Dude, this is no get rich quick scheme! Most Masternode holders such as myself have a long term vision for this coin. What Evan has accomplished in a year is nothing short of remarkable, and it's scary to think what he can accomplish with help in the future. We are barely scratching the surface of MN potential. Sell if you must, I am holding all the way.

Thanks for the pep talk:) but iam not understand why people doesn't get how great this coin is an when I have been here every day for like one year it scears me some that we are not more valuable at this time like at least 10 dollar

Unfortunately, we are still at the point where the market is tiny enough to be manipulated at will by traders. In the future, with more adoption and real-world use, the price will reflect Dash's utility, and it will be much harder to manipulate. If you don't sell, you have nothing to worry about, by holding or using Dash, you are giving a vote of confidence in what the Dev team will accomplish. Hang in there! I'm sure your patience will be rewarded...

[toknormal]

but iam not understand why people doesn't get how great this coin is....

250% gain in 3 months not enough for you ?

I know the feeling. I've been getting quite frustrated at the lack of a monthly guaranteed 20x from a 0.2 BTC investment. Unfortunately it's not 2014 anymore and the markets have wised up.

You could always try Vanilla Coin - 300% in about 48 hours (but then lost it in the next 2).

Crave ? Pick a cryptonote ? Bet on which one's going to get its GUI wallet first ?

I hear Dime's next in line for a pump.

(I've just been on a bit of sh*tcoin spending spree myself, thats how I know all this stuff - need any tips just ask    )

P.S. If all else fails you could always try bitcoin  

[Freckleg]

Damn iam starting to lose my fath in this coin I have been holding it over one year now an I have paid a lot more than the value of the coin now I only have 2 masternodes but I got a feeling this will not go anywhere in like one more year :/ mabye I will sell one of my mn on Friday ill will do it if the price drops more than this... Pm me if u are intrested in buying it

you are aware others can see your post history, where you claim to have acquired Dash for 0.0054? Ah well you had you ten minutes of attention..

[TaoOfSaatoshi]

but iam not understand why people doesn't get how great this coin is....

250% gain in 3 months not enough for you ?

I know the feeling. I've been getting quite frustrated at the lack of a monthly guaranteed 20x from a 0.2 BTC investment. Unfortunately it's not 2014 anymore and the markets have wised up.

You could always try Vanilla Coin - 300% in about 48 hours (but then lost it in the next 2).

Crave ? Pick a cryptonote ? Bet on which one's going to get its GUI wallet first ?

I hear Dime's next in line for a pump.

(I've just been on a bit of sh*tcoin spending spree myself, thats how I know all this stuff - need any tips just ask    )

P.S. If all else fails you could always try bitcoin  

Do you want to trade some shitcoins?



Hilarious!

Tao

[Lukas_Jackson]

If you want to be successful you have to be prepared for any sort of events.
Would you like to buy a BTC for $5 in 2011? https://www.youtube.com/watch?v=T1X6qQt9ONg

[illodin]

but iam not understand why people doesn't get how great this coin is....

250% gain in 3 months not enough for you ?

Is that about 2.5x gain?

[coins101]

POLITICAL MESSAGE & INTERLUDE

As the current board of the DASH foundation are due to resign on their second anniversary, I would like to announce my candidacy for election to the board.

In particular, I would like to stand for Weights & Measures.  

Beer, Babes and Boobs (sorry Mrs. Robinson), will be on every meeting agenda and minuted.  Everything else will be AOB.

As Ron Paul has announced he will be accepting Bitcoin donations for his election campaign, I too will be accepting donations of DASH.  If we raise 2,000 DASH, I will be throwing a pre-election Masked Vicars and Tarts party. In the spirit of openness, the party will be filmed and put on PornHub.

Remember to Vote: Coins101, he's our man, if anyone can, Coins can.

bump

also....if Mrs Robinson joins the foundation board, we will have to find a DASHing DASHer for her to pawn over: Beer, Babes and Big...........Noses.

[coins101]

Summer is coming. Mine Dash!
-snip-

Yes, that reminds me, where is georgem ? Can you take over his duties, he must be getting side tracked!  

He is part of the main dev team bringing a variety of applications to ServiceNodes (master nodes, sort of) in SPR

Devs
Georgem
gjhiggins
elbandi
Gladimor
A-Russo
MrSpread (MIA)


Technical & Occasional
e1ghtSpace
chrysophylax
Chup
thelonecrouton

Support and project development contributors
Minerpage
njs811
defunctec
Coins101
AnotherNode
MyFarm (MIA)