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

[qwizzie]

start paragraph
Dash is competition for Paypal, not Bitcoin
Dash is competition for Paypal, not Bitcoin
Dash is competition for Paypal, not Bitcoin
end paragraph

AND TELL THE BUTCHER TO BITE MY ASS

addy is below

Disqualified in direct violation of article nº1 and nº2

 

I wonder where our number 1 troll quizzie is...

edit : if only i could get a dash everytime someone typed my name wrong .. sigh

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[qwizzie]

http://www.coindesk.com/spanish-bitcoin-community-celebrate-bitcoins-vat-exemption/

Better share that sangria with us !!!

[GhostPlayer]

 Oh c'mon now qweazzy...    

[qwizzie]

Oh c'mon now qweazzy...    

grrr i read that !! 



 

[patrolman]

start paragraph
Dash is competition for Paypal, not Bitcoin
Dash is competition for Paypal, not Bitcoin
Dash is competition for Paypal, not Bitcoin
end paragraph

AND TELL THE BUTCHER TO BITE MY ASS

addy is below

Disqualified in direct violation of article nº1 and nº2

 

I wonder where our number 1 troll quizzie is...

edit : if only i could get a dash everytime someone typed my name wrong .. sigh

Now that you point it out, it seems so obvious. It was you that mysteriously appeared at the top of the recent trolls list, wasn't it?

[qwizzie]

start paragraph
Dash is competition for Paypal, not Bitcoin
Dash is competition for Paypal, not Bitcoin
Dash is competition for Paypal, not Bitcoin
end paragraph

AND TELL THE BUTCHER TO BITE MY ASS

addy is below

Disqualified in direct violation of article nº1 and nº2

 

I wonder where our number 1 troll quizzie is...

edit : if only i could get a dash everytime someone typed my name wrong .. sigh

Now that you point it out, it seems so obvious. It was you that mysteriously appeared at the top of the recent trolls list, wasn't it?

yeah, and i didnt even got paid for it.. its a shame, it really is 

[Solarminer]

Masternode owners will surely have an incentive to vote for some features like masternode blinding and 2FA.  This only ensures better security for the owners and stability of DASH.  Maybe some other features are not as high on the list, but any benefit to the rise in price of DARK will also be the desire of the MN owner.  Of course, if there is a big concern about MNs voting no, we could fix the MN% and only have the votes change the mining reward %.  Looking at it another way the MN owner makes about 1.5%/mo on a MN.  It would be more advantages to donate to anything that would increase the value of DASH by more than 1.5%/mo even if all the rewards need to be spent.

Once block rewards are in an escrow, I find it really unlikely that they will ever be returned.  This is just the nature of a tax before allocated system.

The suggestion that 10% or 15% is what is needed, is not specific.  Is it needed for 1 month, 10 years?  We are talking about a system that could be around in 1000 years with each DASH valued at $10,000+.  A % and specific time-frame allocated for each project is the only way I can see this lasting over the long run.  There are so many other opportunities for this funding it is really incredible.  This could be a way to setup loans that are repaid to miners/mn with additional interest.  Start capital projects(like an exchange) that self generate cashflow from fees.  This is only possible if the voting and funding system is setup per project per % and per length of time.  Think big!

Another problem with the fixed percent is that funding is not always available, or is in excess depending on the projects available.  With a project specific % and time, each project can be started immediately.  The funds for projects would be provided as the block rewards are generated - no escrow, no inefficient allocation of resources.

Great discussion.  We are on to something big.

I think you've interpreted Evan's underlying idea of the value this system represents to masternode holders well. The MN are still investors, and unlike other investments, they have the opportunity to directly make decisions that affect their asset value in terms of exchange rate in other currencies (not the dividends from masternode reward, which is a fixed 45% amount of Dash).  Instead of giving the MN an extra 15% in 2016, why not have give them even more incentive to not only hold, but also increase the value of the asset itself. A large Dash reward means nothing if the coin itself is worthless.  In this early growth phase of the currency, the growth in exchange rate versus other currencies will offer a much better return on investment than the dividend alone.

Actually, this is not quite what I wanted to get across.  I believe masternode owners will vote for the benefit of the value of DASH even if it reduces block rewards.  But I don't think this should be a forced donation/tax.  All funding for development should be voted on before any specific amount is allocated.  The default would be 100% of block rewards to miners and masternodes.  The allowable funding limit would be capped at 15% and could come from masternode or miner block rewards. Just to list a couple to give some ideas:

    Long term planning and core development 1% for 2 years, and auto-renews with voting, default vote of yes.
    Mobile wallets 10% for 1 month, default vote of no
    Blinding 5% for 1 month, default vote of no
    2FAE 5% for 1 month, default vote of no
    Video 1% of 6 months, default vote of no
    Secure messaging 1% for 2 months, default vote of no

This way we have multiple projects getting worked on at the same time with the most desired first.  Core development projects would go forward without a vote needed, but could be vetoed by no votes. Most projects would require a yes vote from x% of masternodes to go forward.

[ddink7]

Toknormal, any TA on the current DASH price?

[Rux]

guys he hate dash... lest all pack our shit and move away from DASH

 

[BagHolder010]

I don't understand Monero ppl or their dev why they are always here, is it because their thread is empty? or maybe their dev does not know what to do next? or do they see Dash as a threat to them? maybe all of that...but again Dash is full of action and new things I kind of understand how boring it is to be a Monero bag holder now specially if you check the price from time to time like I do.

Hope the best for both coins and I recommend Monero Dev start working maybe?

[Rux]

they rather lay down all day and FUD DASH thread... instead of do some work

edit

0.016 here we come

[qwizzie]

damn, i forgot what i wanted to type .. something about trolls failing at trolling or something 

[Minotaur26]

Almost there 

Total Masternodes: 2499 = 2495 actives + 4 inactives

[qwizzie]

wow, 1.1K sell order just got gubbled up

https://bitcoinwisdom.com/markets/cryptsy/drkbtc

edit : and a 1.2K buy order emerging

[Hyperjacked]

I must say...2 nights ago on cryptsy I changed my mind on Dash...and I just got back from a long hike in the mountains and read Evans post! brilliant IMO...different path from us at crave but room for a few at the top!
This is what it sounds like after reading...silence ,standing ovation...cheers! Evan bows...lol
We always want people to succeed and the idea has potential ...time will tell!
Congrats Dash Nation and best wishes on future success.

[qwizzie]

I must say...2 nights ago on cryptsy I changed my mind on Dash...and I just got back from a long hike in the mountains and read Evans post! brilliant IMO...different path from us at crave but room for a few at the top!
This is what it sounds like after reading...silence ,standing ovation...cheers! Evan bows...lol
We always want people to succeed and the idea has potential ...time will tell!
Congrats Dash Nation and best wishes on future success.

it takes strength for posting that what you just posted .. well done and good luck with your own coin 

[Hyperjacked]

Pretty much everyone knows Dark/DASH is a scam...

https://bitcointalk.org/index.php?topic=1034864.0

Don't you ever get new material? If I was your handler you would be fired! I would ignore you but it gives every on the big screen in the conference something to laugh at!

[ddink7]

I'd like to quote an excellent post that Minotaur made some time ago:

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. Sustainable, trustless, and incentivized development enforced at the protocol level (https://dashtalk.org/threads/self-sustainable-decentralized-governance-by-blockchain.4708/)
6. Additional decentralized features and services yet to be revealed.

This is DASH's added value proposition. Please discuss.[/size]

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

Updated with Evan's latest proposal (#5).

[Hyperjacked]

I must say...2 nights ago on cryptsy I changed my mind on Dash...and I just got back from a long hike in the mountains and read Evans post! brilliant IMO...different path from us at crave but room for a few at the top!
This is what it sounds like after reading...silence ,standing ovation...cheers! Evan bows...lol
We always want people to succeed and the idea has potential ...time will tell!
Congrats Dash Nation and best wishes on future success.

it takes strength for posting that what you just posted .. well done 

I always talk the truth ! My mom always said Jack they will say a lot of things about you son but they will never say you are not quotable!
Have a good day! Crave nation loves you guys...never any issues!

[WastedLTC]

wow, 1.1K sell order just got gubbled up

https://bitcoinwisdom.com/markets/cryptsy/drkbtc

edit : and a 1.2K buy order emerging

yah that was me.  nom nom.