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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9722550 times)
Sapereaude
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May 13, 2015, 02:56:02 PM
 #96381

Ok so we can talk about something else now :-)


Hopefully with this out the way we can talk about the Dash Space Station proposal

I call shotgun.
aleix
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May 13, 2015, 02:56:20 PM
 #96382


History in the making (again)  Smiley
TaoOfSaatoshi
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May 13, 2015, 03:02:32 PM
 #96383

I'm sure we'll be making a lot of history along our journey!

Glad to see the DGBB's been passed. Now to see how it works in practice, and make adjustments if need be.

salmion
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May 13, 2015, 03:05:12 PM
Last edit: May 13, 2015, 03:25:09 PM by salmion
 #96384

Ok so we can talk about something else now :-)


Hopefully with this out the way we can talk about the Dash Space Station proposal

I call shotgun.


ddink7
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May 13, 2015, 03:26:13 PM
 #96385

LOL yes, thanks Otoh!

Dash - Digital Cash
https://www.dash.org/
TanteStefana2
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May 13, 2015, 03:26:39 PM
 #96386

Congratulations everyone, looks like it's a GO!


So what will be the first proposal?  I think it should be to make monthly payments to the developers.  Then marketing budget Smiley 


When will this kick in?

Another proud lifetime Dash Foundation member Smiley My TanteStefana account was hacked, Beware trading
"You'll never reach your destination if you stop to throw stones at every dog that barks."
Sir Winston Churchill  BTC: 12pu5nMDPEyUGu3HTbnUB5zY5RG65EQE5d
bigrcanada
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May 13, 2015, 03:31:19 PM
 #96387

Nice!....what's next?

Proud lifetime DASH Foundation Member | First Brick & Mortar DASH Merchant |  Please visit DASH.org or DASHtalk.org for a list of merchants and information.
coins101
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May 13, 2015, 03:36:48 PM
 #96388


Can we vote on the proposal to set-up a node on the South Pole now?

Got my thermals and Trezor (cold storage Grin) ready to go.

https://youtu.be/WNkvASxfEWQ?t=5m40s

 Grin
sammycrypto
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May 13, 2015, 03:43:09 PM
 #96389

I'm a little concerned that the entire MN network can reach 80%+ compliance with a protocol bump within 48 hours, but that 96 hours after an MN vote is initialized, we still have less than 50% participation...and the voting process is not that difficult (log into VPS, type "./dashd masternode vote yea" and log off VPS).

The vote is open for 2 weeks.

If you look at the Etherum sale, most were sold at the last minute. People were (conjecture) waiting to see what was what.

Then there are those that don't keep up with the threads (or go MIA, see above).

Being on the wrong protocol means you can get bumped off the network, so I guess people check for some things.

Also, abstain basically = no. What's to say no voters can't be bothered to vote, because they have by default?

It's true that abstain is a "soft" no, but all abstentions become irrelevant once the preset quorum is reached (in this case, 50%+1). I doubt abstention is presently being used as a negative voting strategy, since a "hard" no would be durable no matter how many people had voted. At this point, abstentions look like apathy.

P.S. I'm wondering of Otoh's 25% of the MN network has voted or not. If not, it could indicate that he is reluctant to overly influence the project (unlike what some detractors have said) in which case it implies that only 25% of the network is not participating.


One person controlling 25% of the network is decentralized?  Can someone please explain. 


Well, as I logged in on my computer, I wasn't signed in to BTC so I saw Mrpumperitis's comment (not realizing I normally have him on ignore)  And I read that he is worried that there will be no organization to pay fines if DASH were fined like Ripple, et al were. 

I just wanted to say, all currencies and exchanges that have been fined were dealing in fiat.  They were selling IPOs or outright selling and exchanging fiat for coins.  This requires a license and adherence to certain "know your customer" laws.

If you don't touch fiat, it doesn't apply.  At least not yet in the USA, and although I'm sure they're working on how to regulate crypto currencies, I don't think it will be easy.  It has to be enforceable and apply only to their jurisdiction.

At this point in time, DASH has nothing that needs to be regulated.

That is not true.  Masternodes are revenue generating and as such fall under FinCen regulation.  DASH is too small for the authorities to bother with right now.



You cannot compare dash and xmr. I think we are settling here before another big move north. The next one will leave us resting above 0.02 I would suggest. Just have to be patient .

That's correct.  You cannot compare XMR to dash.  XMR is an anonymous cryptocurrency.  DASH is a centralized collection of gimmicks.



Great! This must be the first blockchain based voting process for a decentralized organization. I think this method will be used more in the future for many applications not only cryptocurrencies.


No that would have been Heavycoin which allowed miners to vote on the blockchain for the block reward.  DASH is not decentralized when one entity controls 25% of the masternodes.



Ok so we can talk about something else now :-)


Hopefully with this out the way we can talk about the Dash Space Station proposal

And well done to all who made the right choice!

It is quite a thing..

When is the two weeks up? When does the dash decentralised governance voted in party start?

Never because with one entity controlling 25% of all masternodes it is not decentralized.




If Otoh with his 600++ MNs just voted, you have your answer.

How can dash be decentralized when you rely on one entity that controls 25% of all masternodes to vote?


By the way, Stellar just passed dash for the number 4 spot on CMC.




kludzins
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May 13, 2015, 03:52:38 PM
 #96390

bump

coins101
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May 13, 2015, 04:08:08 PM
 #96391



So the trolls have evolved to setting up new accounts to avoid the ignore trolls campaign.

 Grin
Minotaur26
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May 13, 2015, 04:27:45 PM
Last edit: May 13, 2015, 04:37:52 PM by Minotaur26
 #96392



So the trolls have evolved to setting up new accounts to avoid the ignore trolls campaign.

 Grin

Yeah I was tempted to answer and then thought it was better to continue with the ignore troll policy. It is amazing though, how some people in crypto like to throw the term decentralized around and apply it to everything like some sort of mantra. I think is the inability to distinguish between:

- Technical decentralization = having nodes running independently from different locations, servers, IPs, jurisdictions etc.  

- Decentralized governance, having people with different backgrounds, in different locations and that don't even know each other in real life make coordinated decisions based on a bond of trust they establish with the network and vote accordingly to the level of risk they are taking. Is a decentralized stake holders assembly where the stake holders don't even have to know each other and that anyone can participate in if they want to without any sort of previous approval. It is really cool but it has nothing to do with everyone having the same level of investment capabilities.

- Who said anything about a market being a democracy? A free market also means that if you have a lot of capital to invest you can do it. Crypto is not and should not be some sort of socialist well-fare system. It is a vehicle to have a free and independent economy where anyone can participate proportionally to their investment and risk taking capacity, without borders.

TaoOfSaatoshi
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May 13, 2015, 04:33:30 PM
 #96393


When someone shows that level of arrogance and ignorance, that ^ is the only response that makes sense.

TaoOfSaatoshi
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May 13, 2015, 04:35:56 PM
 #96394

I just bought a couple of items on Purse.io using Dash via ShapeShift.io. Smooth ordering experience, I'll let you guys know my experience with delivery.

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May 13, 2015, 04:48:14 PM
 #96395



So the trolls have evolved to setting up new accounts to avoid the ignore trolls campaign.

 Grin

you may call it evolved, i rather call it degenerated.

oh well, this is as good a time as any to see if my ignore button will work on that dude

edit : appearently it does ..

Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
Sub-Ether
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May 13, 2015, 04:58:57 PM
 #96396

I'm sure we'll be making a lot of history along our journey!

Glad to see the DGBB's been passed. Now to see how it works in practice, and make adjustments if need be.

What about starting off with 100% Yea? giving people 2 weeks to vote Nay and if its still over 51% at end,then the vote passes.
This would do away with some of the apathy and inspire people to turn up for the ballet.
(even organ donation in some countries is presumed yes unless you have a card saying keep off)


''Distributed systems is kind of like economics: everyone thinks they are qualified because they once ran a remote process.''
~~Emin Gün Sirer~~ (Cornell University, Professor of computing)

Dash is 27.3 times faster with syncing and updating than Bitcoin and 93.7 times faster than Monero. Bitcoin (v0.11.0) has a Tao ratio 11.2% faster than bitcoin (v0.10.0) release.
Dash (v.0.12.0.49) = Tao sync ratio = 0.15 seconds / hour of update || Dash (v.0.11.2.23) = Tao sync ratio = 0.24 seconds / hour of update. V12 versus V11 speedup = +36.5%
Bitcoin (v.0.11.0) = Tao sync ratio = 4.14 seconds / hour of update || Monero (v.0.41.1)  = Tao sync ratio = 14.2 seconds / hour of update
qwizzie
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May 13, 2015, 05:15:09 PM
Last edit: May 13, 2015, 05:26:21 PM by qwizzie
 #96397

I'm sure we'll be making a lot of history along our journey!

Glad to see the DGBB's been passed. Now to see how it works in practice, and make adjustments if need be.

What about starting off with 100% Yea? giving people 2 weeks to vote Nay and if its still over 51% at end,then the vote passes.
This would do away with some of the apathy and inspire people to turn up for the ballet.
(even organ donation in some countries is presumed yes unless you have a card saying keep off)


''Distributed systems is kind of like economics: everyone thinks they are qualified because they once ran a remote process.''
~~Emin Gün Sirer~~ (Cornell University, Professor of computing)

i rather like current setup (starting with abstain and working towards yea or nay) but i think we need to intensify our communication
efforts towards informing masternode owners about new or current voting proposals.

We could perhaps use the dashninja site which is widely used by masternode owners to inform them there is a new voting proposal that
needs their attention ..  kinda like how masternode owners get informed on that site a new masternode version is out.

edit : now i think about it, we could also maybe try to implement something like a messaging system that can be used within the Dash wallet
for these kind of important messages .. a decentralised secure messaging system that can be used to alert masternode owners.
Perhaps complement it with the ability to have it sent you emails about important messages as well.

Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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May 13, 2015, 05:15:24 PM
 #96398

I'm sure we'll be making a lot of history along our journey!

Glad to see the DGBB's been passed. Now to see how it works in practice, and make adjustments if need be.

What about starting off with 100% Yea? giving people 2 weeks to vote Nay and if its still over 51% at end,then the vote passes.
This would do away with some of the apathy and inspire people to turn up for the ballet.
(even organ donation in some countries is presumed yes unless you have a card saying keep off)


''Distributed systems is kind of like economics: everyone thinks they are qualified because they once ran a remote process.''
~~Emin Gün Sirer~~ (Cornell University, Professor of computing)

I think that would be onerous once we've got multiple projects to vote for. I really only want to vote for projects that I think will benefit DASH. I don't want the burden of voting NAY for projects that either a) don't benefit DASH, or b) I can't understand.
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May 13, 2015, 05:17:22 PM
 #96399

https://i.imgur.com/rk3K1qW.jpg

So the trolls have evolved to setting up new accounts to avoid the ignore trolls campaign.

 Grin

Not trolling.  Why do you ignore the truth?
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May 13, 2015, 05:18:28 PM
 #96400

What about starting off with 100% Yea? giving people 2 weeks to vote Nay and if its still over 51% at end,then the vote passes.
This would do away with some of the apathy and inspire people to turn up for the ballet.

Bad idea.  Very bad idea.



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