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

[alex-ru]

There were some links to masternode monthly data useage, please?

Can we get an average bandwidth across all masternodes?

~150-180 GB/month

Thanks!

165 GB x 2519 MN.

That's a lot of data the network is moving around.

What's the average GB cost for the network?

165 GB x 2519 MN = 416 TB per month - Not so much.

"Cost" you mean in hosting data-centers?
Just as example-estimation - server from USA hosting-ptovider (un-managed):
Xeon 3220 2.4GHz Quad Core / 8GB / 2x500GB / 1Gbs / 100TB  = $219

[coins101]

There were some links to masternode monthly data useage, please?

Can we get an average bandwidth across all masternodes?

~150-180 GB/month

Thanks!

165 GB x 2519 MN.

That's a lot of data the network is moving around.

What's the average GB cost for the network?

165 GB x 2519 MN = 416 TB per month - Not so much.

"Cost" you mean in hosting data-centers?
Just as example-estimation - server from USA hosting-ptovider (un-managed):
Xeon 3220 2.4GHz Quad Core / 8GB / 2x500GB / 1Gbs / 100TB  = $219

Yeah, hosting.

So the average cost of 416 TB / month is:  (5 x $219) / 2519 = $0.43 / GB.

Apply a factor to remove economies of scale in your example, and the average network cost is between ~ $0.60 to $0.80 / GB.

That doesn't sound right....let me check

[spatula]

There were some links to masternode monthly data useage, please?

Can we get an average bandwidth across all masternodes?

~150-180 GB/month

Thanks!

165 GB x 2519 MN.

That's a lot of data the network is moving around.

What's the average GB cost for the network?

165 GB x 2519 MN = 416 TB per month - Not so much.

"Cost" you mean in hosting data-centers?
Just as example-estimation - server from USA hosting-ptovider (un-managed):
Xeon 3220 2.4GHz Quad Core / 8GB / 2x500GB / 1Gbs / 100TB  = $219

Yeah, hosting.

So the average cost of 416 TB / month is:  (5 x $219) / 2519 = $0.43 / GB.

Apply a factor of 2 to remove economies of scale in your example, and the average network cost is between ~ $0.60 to $0.80 / GB.

You never converted TB to GB. Actual cost per GB is much lower. You have to divide by 1000, so we are actually looking at $0.0006 to $0.0008 / GB

[coins101]

There were some links to masternode monthly data useage, please?

Can we get an average bandwidth across all masternodes?

~150-180 GB/month

Thanks!

165 GB x 2519 MN.

That's a lot of data the network is moving around.

What's the average GB cost for the network?

165 GB x 2519 MN = 416 TB per month - Not so much.

"Cost" you mean in hosting data-centers?
Just as example-estimation - server from USA hosting-ptovider (un-managed):
Xeon 3220 2.4GHz Quad Core / 8GB / 2x500GB / 1Gbs / 100TB  = $219

Yeah, hosting.

So the average cost of 416 TB / month is:  (5 x $219) / 2519 = $0.43 / GB.

Apply a factor of 2 to remove economies of scale in your example, and the average network cost is between ~ $0.60 to $0.80 / GB.

You never converted TB to GB. Actual cost per GB is much lower.

Yeah, it sounded a bit high. So we are really talking pennies, or ~$10/month / MN

So, what's everyone paying per month?

This will be good for your chi: http://lowendbox.com/

This is a steal

[spatula]

There were some links to masternode monthly data useage, please?

Can we get an average bandwidth across all masternodes?

~150-180 GB/month

Thanks!

165 GB x 2519 MN.

That's a lot of data the network is moving around.

What's the average GB cost for the network?

165 GB x 2519 MN = 416 TB per month - Not so much.

"Cost" you mean in hosting data-centers?
Just as example-estimation - server from USA hosting-ptovider (un-managed):
Xeon 3220 2.4GHz Quad Core / 8GB / 2x500GB / 1Gbs / 100TB  = $219

Yeah, hosting.

So the average cost of 416 TB / month is:  (5 x $219) / 2519 = $0.43 / GB.

Apply a factor of 2 to remove economies of scale in your example, and the average network cost is between ~ $0.60 to $0.80 / GB.

You never converted TB to GB. Actual cost per GB is much lower.

Yeah, it sounded a bit high. So we are really talking pennies, or ~$10/month / MN

Well a lot less actually in bandwidth costs, which was the original question. There are other costs incurred from operating a masternode though, like storage, memory, and cpu utilization. Either way, if you are paying more than $5 per MN / month, you are paying too much. Until more network services are offered of course, then requirements will go up.

[TanteStefana2]

What's going on at the moment? Have all the trolls decided to do something useful with their time finally and stop posting crap here?!

Has there been any development news from Evan in the last week or 2? What is the core functionality the dev team is working on at the moment??

I think Evan is working on getting 0.12 ready for testing.  This version should get rid of the reference node (basically, decentralizing it) and Masternode blinding with probably many other things, I am not thinking of right now, LOL.  I hope we get to start testing soon, it's always fun to participate

[splawik21]

What's going on at the moment? Have all the trolls decided to do something useful with their time finally and stop posting crap here?!

Has there been any development news from Evan in the last week or 2? What is the core functionality the dev team is working on at the moment??

I think Evan is working on getting 0.12 ready for testing.  This version should get rid of the reference node (basically, decentralizing it) and Masternode blinding with probably many other things, I am not thinking of right now, LOL.  I hope we get to start testing soon, it's always fun to participate

^^^ would be awesome, once we get rid of that the truth decentralisation will begin.
edit: 4 pages to go 5k

[splawik21]

270 shares to sell guys to get another masternode
Interested? PM
check my sig.

[coins101]

People never listen


http://www.coindesk.com/nevada-regulators-bitcoin-poker-operator-arrest/


Now, another betting service is shutting out US customers because of fear from regulatory attacks and police take downs:

http://www.coindesk.com/primedice-shifts-focus-following-us-and-australia-ban/

[traderman]

0.012 is holding so far, but the monster support is at 0.01, that one is HUGE! Of course there is no guarantees that 0.01 will hold, but the chances are high that a lot of people will be executing orders there and the market will have a reaction.

DASH Technical Analysis 5/03/2015

http://themerkle.com/speculation/dash-technical-analysis-5032015/

If you say there is a massive triple-support area sitting at 0.01, so we should be safe to put buy orders slightly above 0.01 knowing that heavy support will prevent price from crashing further?

i just bought at 0.012  
hopefully the price rises back to 0.015

[etoque]

0.012 is holding so far, but the monster support is at 0.01, that one is HUGE! Of course there is no guarantees that 0.01 will hold, but the chances are high that a lot of people will be executing orders there and the market will have a reaction.

DASH Technical Analysis 5/03/2015

http://themerkle.com/speculation/dash-technical-analysis-5032015/

If you say there is a massive triple-support area sitting at 0.01, so we should be safe to put buy orders slightly above 0.01 knowing that heavy support will prevent price from crashing further?

i just bought at 0.012  
hopefully the price rises back to 0.015

Last time we've hit 0.01 it was no wall and people was holding strong... Selling at 0.012 to maybe buy in at 0.01 ? Support was too big for this too short trading move.Not hard to say it was a good time to buy in now

[TanteStefana2]

I'm worried that the moderators are getting rid of important posts that tell the story of DASH.  This would be very unfortunate, if they do, just to cut back on the number of pages.  I think I'll dedicate some hard drive space and try downloading this thread before they take out all the good stuff!  I simply don't trust the moderators!

[Lebubar]

Yes just a look to the order book on cryptsy gives us :
2700 buy to reach 0.0134 level
12600 buy support  to reach 0.0105 level.

"Normally" we should go up from here... :

0.012 is holding so far, but the monster support is at 0.01, that one is HUGE! Of course there is no guarantees that 0.01 will hold, but the chances are high that a lot of people will be executing orders there and the market will have a reaction.

DASH Technical Analysis 5/03/2015

http://themerkle.com/speculation/dash-technical-analysis-5032015/

If you say there is a massive triple-support area sitting at 0.01, so we should be safe to put buy orders slightly above 0.01 knowing that heavy support will prevent price from crashing further?

i just bought at 0.012  
hopefully the price rises back to 0.015

[Sub-Ether]

Interesting sliding slides but doesn't Dash cover time locked contracts and off chain transactions with the masternode network already ?
http://lightning.network/lightning-network.pdf
Problems of the bitcoin network
Transactions aren’t instant
● Micropayments don’t actually work
○ High transaction fees
● “Bitcoin Doesn’t Scale”

[AlexGR]

0.012 is holding so far, but the monster support is at 0.01, that one is HUGE! Of course there is no guarantees that 0.01 will hold, but the chances are high that a lot of people will be executing orders there and the market will have a reaction.

Crypto markets are way more "irrational" than normal markets due to factors that are inherent in the current ecosystem.

You can have a hack in an exchange, a guy running off with a stash of money from a market or an exchange and suddenly the market floods with coins. Technical analysis, charts etc are useless in this regard as they can't predict anomalies like these.

The moolah scammer was dumping hundreds of thousands of DRKs down to 0.002x. Can this be predicted? No. Bottoms are difficult to calculate because the market players are not playing rationally. Even the highs can be difficult to predict due to the same irrational reasons. Say someone steals 100.000 BTCs and floods the anon altcoin market with buy orders... You can't see these coming. Instead you must assume that the bottoms and ceilings are always greater than what you can imagine

[Sub-Ether]

Crypto markets are way more "irrational" than normal markets due to factors that are inherent in the current ecosystem.
You can have a hack in an exchange, a guy running off with a stash of money from a market or an exchange and suddenly the market floods with coins. Technical analysis, charts etc are useless in this regard as they can't predict anomalies like these.

I think you just covered points 7,10 and 11 at least.
http://deepcrypto.tumblr.com/post/114139983853/why-trading-bitcoin-is-better-than-trading-stock

[spatula]

So does anyone know which posts are being deleted? I don't see much missing, is it mainly older posts?

[Sub-Ether]

So does anyone know which posts are being deleted? I don't see much missing, is it mainly older posts?

We've on pages 4995 -5000 for days now, its constant erasures, probably not much point in posting anymore if this continues,suggest regrouping back at head office. The difference with the erasures this time is they are done in blocks and no messages are sent to your inbox.

[Rux]

So does anyone know which posts are being deleted? I don't see much missing, is it mainly older posts?

We've on pages 4995 -5000 for days now, its constant erasures, probably not much point in posting anymore if this continues,suggest regrouping back at head office. The difference with the erasures this time is they are done in blocks and no messages are sent to your inbox.

i think BTCTALK admins are affraid of DASH taking lead on every Thread related to their precious BITCOIN

so they are deleting everything they can....

[Sub-Ether]

So does anyone know which posts are being deleted? I don't see much missing, is it mainly older posts?

We've on pages 4995 -5000 for days now, its constant erasures, probably not much point in posting anymore if this continues,suggest regrouping back at head office. The difference with the erasures this time is they are done in blocks and no messages are sent to your inbox.

i think BTCTALK admins are affraid of DASH taking lead on every Thread related to their precious BITCOIN

so they are deleting everything they can....

100% agree with you, have been noticed by the big boys and they don't like what they're seeing (I mean the lightning network link I posted if its still there sums up how behind they are)