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

[hogwild]

Budgets Are Live
dashtalk post : https://dashtalk.org/threads/budget-proposal-promotion-reimbursement-core-team.6006/page-3#post-65239

A note about the budget system: https://dashtalk.org/threads/budget-proposal-promotion-reimbursement-core-team.6006/page-3#post-65235

I've added the budgets to the system and we are all set to vote. All you have to do to vote is load up a client with the masternode.conf. Your actual funds are NOT required to be online to vote on proposals

core-team :
eac6392cd0d63e4b2ebd3c60da2d3e13137c892cd4cd1a8f3885077ac86b7487

public-awareness :
cbafad18687045bb72fae611078fac09c3ec09c8379e357c36901ce84891f189

reimbursement :
428438998eeb3234b232a3609d2e0f1122049241e5ecad972554ad163772a109

To vote simply execute these commands:

./dash-cli mnbudget vote-many eac6392cd0d63e4b2ebd3c60da2d3e13137c892cd4cd1a8f3885077ac86b7487 yes
./dash-cli mnbudget vote-many cbafad18687045bb72fae611078fac09c3ec09c8379e357c36901ce84891f189 yes
./dash-cli mnbudget vote-many 428438998eeb3234b232a3609d2e0f1122049241e5ecad972554ad163772a109 yes

Where exactly do the funds originate from? The MN? Would that mean I am donating my earnings? And what percentage would each MN have to contribute to reach this funding goal?

They come from both the Masternodes and Miners : currently its 50% (Miners) / 50% (MN's) per block, after hard fork it will be 45% (Miners) / 45% (MN's) / 10% (Decentralised Budget)

See https://bitcointalk.org/index.php?topic=421615.msg12261766#msg12261766

Thanks for that. So if I make a certain amount per month to cover my expenses for running the MN, if I vote to approve all the budget proposals I will have 50% less per block, how many blocks per MN will be needed?

[qwizzie]

irrelevant question to hide ip

very relevant for us..

[qwizzie]

Budgets Are Live
dashtalk post : https://dashtalk.org/threads/budget-proposal-promotion-reimbursement-core-team.6006/page-3#post-65239

A note about the budget system: https://dashtalk.org/threads/budget-proposal-promotion-reimbursement-core-team.6006/page-3#post-65235

I've added the budgets to the system and we are all set to vote. All you have to do to vote is load up a client with the masternode.conf. Your actual funds are NOT required to be online to vote on proposals

core-team :
eac6392cd0d63e4b2ebd3c60da2d3e13137c892cd4cd1a8f3885077ac86b7487

public-awareness :
cbafad18687045bb72fae611078fac09c3ec09c8379e357c36901ce84891f189

reimbursement :
428438998eeb3234b232a3609d2e0f1122049241e5ecad972554ad163772a109

To vote simply execute these commands:

./dash-cli mnbudget vote-many eac6392cd0d63e4b2ebd3c60da2d3e13137c892cd4cd1a8f3885077ac86b7487 yes
./dash-cli mnbudget vote-many cbafad18687045bb72fae611078fac09c3ec09c8379e357c36901ce84891f189 yes
./dash-cli mnbudget vote-many 428438998eeb3234b232a3609d2e0f1122049241e5ecad972554ad163772a109 yes

Where exactly do the funds originate from? The MN? Would that mean I am donating my earnings? And what percentage would each MN have to contribute to reach this funding goal?

They come from both the Masternodes and Miners : currently its 50% (Miners) / 50% (MN's) per block, after hard fork it will be 45% (Miners) / 45% (MN's) / 10% (Decentralised Budget)

See https://bitcointalk.org/index.php?topic=421615.msg12261766#msg12261766

Thanks for that. So if I make a certain amount per month to cover my expenses for running the MN, if I vote to approve all the budget proposals I will have 50% less per block, how many blocks per MN will be needed?

If budget proposals get through and hard fork has been processed you will only loose 5% of MN payment per block (MN go from 50% to 45% payment per block)

[qwizzie]

oh dear, its that time of the week again isnt it ?



some people should not be released during weekends

[qwizzie]

oh dear, its that time of the week again isnt it ?



some people should not be released during weekends

maybe i relese the wallet.. if the fud goes on

no need, we have our own wallet. but thanks anyways.

[Solarminer]

sorry not the wallet.
the source code that makes pools pay zero to masternodes

Oh, you may have missed it, but enforcement is on.  No worries.

[bertlebbert]

normally the syncing masternode winners stagnate at 75% for some time (could take some 20-30 minutes, sometimes less) when starting the wallet which creates all these messages in your debug.log
after 20-30 minutes it then syncs the masternode winners completely. I think there is already a fix in progress on Github about this..

Thanks!
I thought that this problem is only on mn wallet

I'm working on a patch for this right now. The reason we're having this issue at all is because it only popped up with 3000 masternodes on the network. We need a much better funded testnet for future versions... maybe a budget item could get us closer?

Budget item?  That's a good idea!  (just ask moli  )

[qwizzie]

sorry not the wallet.
the source code that makes pools pay zero to masternodes

I see you claim to have made your coin safe and that all other coins based on DASH are 'doomed and will die'

https://bitcointalk.org/index.php?topic=1098544.msg12269188#msg12269188

Did I also see somewhere a while ago you claimed to be the inventor of a lot of DASH technology?  I must find the link, i think it was you?

Anyways, you know how to contact the core devs of DASH so i guess you either work with them or release the code so that all but your coin is doomed and will die as you have stated.

your are correct about of dash technology, i tried to stop it, because of this..

[patrolman]

Dash Image/Graphic competition Winner is:
patrolman (on DCT)
 
Vote: 4 = 0
Congratulations, yidakee will contact you direct on DCT with the VPS details
https://dashtalk.org/threads/dash-image-graphic-competition.5854/page-2#post-65192
 

Nice pic.
I think he should receive some Dash too.

good idea
Winner Dash Tipping Address:
XoxNTjHsWo7E4EjUpRBc7Ysa6KCw169pY7

Tip sent,
thank you for the picture, and for the dreams...

Thanks a lot!

[patrolman]

Financial Times Calls For Abolishing Cash. “To Give More Power to Central Banks”: http://www.globalresearch.ca/financial-times-calls-for-abolishing-cash-to-give-more-power-to-central-banks/5472522

[TanteStefana2]

Thanks for that. So if I make a certain amount per month to cover my expenses for running the MN, if I vote to approve all the budget proposals I will have 50% less per block, how many blocks per MN will be needed?

Hi,

Just to be clear, what is happening is already in the code of the upgraded wallet.  When we hit a certain block, which should be on September 6th, I believe, the payouts will drop 10%.  5% from masternodes and 5% from miners.  At that point, the coins are not produced.  Instead, budget proposals that are approved via voting by masternodes, will be paid once per month.  The payouts can not exceed the 10% rewards that were held back (or really not produced)  So when the time comes for the blockchain to pay out the block rewards, the rewards come out as "super blocks" and are paid directly to the project owner.  We tested this, and proposals that went beyond the budget couldn't be paid.

So anyway, if we don't vote for any project proposals, or if we don't fill (or spend) our allotted coins, those coins are gone forever.  So voting yes will not cause you to keep more coins, you'll only ever get 45% of the rewards one way or the other.  Essentially, this payment by blockchain system is going to reduce the number of coins mined due to unused (unproduced) coins.  I doubt we'll  be able to make the blockchain budget available fit exactly to budget proposals approved all the time.

[bigrcanada]

sorry not the wallet.
the source code that makes pools pay zero to masternodes

Bring it on!  I'll be waiting to see this!... Lol... In other words,  put up or shut up.  Break it!

[oaxaca]

If you live in California or know anybody in California or ever want to visit California, please take action.

https://www.eff.org/deeplinks/2015/08/license-kill-innovation-why-ab-1326-californias-bitcoin-license-bad-business

[qwizzie]

A friendly reminder to all who have Dash stored on Bitfinex, you will have untill 31st of august to move Dash out to your local Dash wallet or to
exchange them for BTC. After that date it will be a bit more difficult and Dash trading on that exchange will have stopped.

We had some good times Bitfinex my friend, maybe we will see each other again some time in the future when Dash has grown into its full potential.


 


 

[qwizzie]

Budgets Are Live
dashtalk post : https://dashtalk.org/threads/budget-proposal-promotion-reimbursement-core-team.6006/page-3#post-65239

A note about the budget system: https://dashtalk.org/threads/budget-proposal-promotion-reimbursement-core-team.6006/page-3#post-65235

I've added the budgets to the system and we are all set to vote. All you have to do to vote is load up a client with the masternode.conf. Your actual funds are NOT required to be online to vote on proposals

core-team :
eac6392cd0d63e4b2ebd3c60da2d3e13137c892cd4cd1a8f3885077ac86b7487

public-awareness :
cbafad18687045bb72fae611078fac09c3ec09c8379e357c36901ce84891f189

reimbursement :
428438998eeb3234b232a3609d2e0f1122049241e5ecad972554ad163772a109

To vote simply execute these commands:

./dash-cli mnbudget vote-many eac6392cd0d63e4b2ebd3c60da2d3e13137c892cd4cd1a8f3885077ac86b7487 yes
./dash-cli mnbudget vote-many cbafad18687045bb72fae611078fac09c3ec09c8379e357c36901ce84891f189 yes
./dash-cli mnbudget vote-many 428438998eeb3234b232a3609d2e0f1122049241e5ecad972554ad163772a109 yes

and for voting with a single masternode change "vote-many" to "vote"
end-result should be : "Voted successfully"

To check the current votes : ./dash-cli mnbudget show
Currently 187 YEAS for all three budget proposals

If you want to specifically vote against a specific budget because you dont agree with it then change the "yes" into a "no"

Masternode-owners please vote on the three existing budget proposals !!

To check on the budget proposals : ./dash-cli mnbudget show (or in qt-wallet just type "mnbudget show")
To check on finalized budget proposals : ./dash-cli mnbudget projection (or in qt-wallet just type "mnbudget projection")

Thresshold for 1st budget on empty budget list to get passed : 10% of Masternodes vote "Yes"
The other budgets will have to fight over % to get passed    

Current voting results of the budget proposals :









 

[kama]

hello guys i need newest bootstrap do you have one ?

[dihydrogenmonoxide]

hello guys i need newest bootstrap do you have one ?

https://github.com/UdjinM6/dash-bootstrap

[Sub-Ether]

While updating the Tao ratio, I noticed the laws of physics are not being obeyed (i.e. size of blockchain has grown by 5 months but the download is quicker)

27th March,2015 : Total Dash blockchain (v0.11.2.10)  = 42 minutes
28th August,2015 : Total Dash blockchain (0.12.0.49)  = 35 minutes and 2 seconds

Download time improvement from Dash (v0.11.2.10) to Dash (v0.12.0.49) = +16.6 %

I just gotta redo the timings just to make sure the Tao ratio is what it appears to be, because hard to believe  

[crowning]

To check the current votes : ./dash-cli mnbudget show

Masternode status

[qwizzie]

To check the current votes : ./dash-cli mnbudget show

Masternode status

Nice how it include the budget proposal voting status !! and its already on version v0.12.0.50 i see, thats very