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

[TaoOfSaatoshi]

https://twitter.com/TaoOfSatoshi/status/647100483258195968?s=09



I guess that solves our Bitcoinwisdom problem...

[Pansyfaust]

awesome, 60% of the last 1000 blocks found by coinmine.

GG.

[blokb]

Hi Dash partners,
How does the decentralized voting mechanism work for shared masternode owners?

[eduffield]

Hi Dash partners,
How does the decentralized voting mechanism work for shared masternode owners?

Good question!

I was thinking these types of services should ask the individual share owners to vote, then tally the votes and cast the vote as "Yes" if more than 50% of the owners said yes (or maybe by percentage share of the masternode itself).

Eventually, as Dash grows masternodes could be owned by hundrends of people, then each vote would represent the average opinion of that group of people. Wisdom of The Crowd on steroids

[LiteMine]

awesome, 60% of the last 1000 blocks found by coinmine.

GG.

GG? The sky is not falling, feeleep is not going to attack the network and he added a 1% fee to disincentivize miners on his pool. It's still the monster miner (28 GH/s), so please bring constructive suggestions about how to change this person's behavior.

[Pansyfaust]

awesome, 60% of the last 1000 blocks found by coinmine.

GG.

GG? The sky is not falling, feeleep is not going to attack the network and he added a 1% fee to disincentivize miners on his pool. It's still the monster miner (28 GH/s), so please bring constructive suggestions about how to change this person's behavior.

P2P mining. Or choose another pool. Simple. Easy.

[LiteMine]

awesome, 60% of the last 1000 blocks found by coinmine.

GG.

GG? The sky is not falling, feeleep is not going to attack the network and he added a 1% fee to disincentivize miners on his pool. It's still the monster miner (28 GH/s), so please bring constructive suggestions about how to change this person's behavior.

P2P mining. Or choose another pool. Simple. Easy.

Then shoot off some emails if you think you can change that guy's mind, but it comes down to one person who may not even be watching this thread. It's not like Bitcoin where you just appeal to a group of miners, it's one fucking guy!

[ddink7]

1      hanlab   26,801,515   452.393   4.7207

The problem isn't coinmine.pl...the problem is this one miner, who at present accounts for 1/3 of the entire DASH network hashrate just by himself.

[Pansyfaust]

awesome, 60% of the last 1000 blocks found by coinmine.

GG.

GG? The sky is not falling, feeleep is not going to attack the network and he added a 1% fee to disincentivize miners on his pool. It's still the monster miner (28 GH/s), so please bring constructive suggestions about how to change this person's behavior.

P2P mining. Or choose another pool. Simple. Easy.

Then shoot off some emails if you think you can change that guy's mind, but it comes down to one person who may not even be watching this thread. It's not like Bitcoin where you just appeal to a group of miners, it's one fucking guy!

I'm sure coinmine know the account holders email and hopefully had ask him to split up their hashrate onto other pools. I find it highly unlikely that this person does not know what they are doing. One does not simply "have" 25Ghs lying about without knowing their impact on the hashrate.

[LiteMine]

awesome, 60% of the last 1000 blocks found by coinmine.

GG.

GG? The sky is not falling, feeleep is not going to attack the network and he added a 1% fee to disincentivize miners on his pool. It's still the monster miner (28 GH/s), so please bring constructive suggestions about how to change this person's behavior.

P2P mining. Or choose another pool. Simple. Easy.

Then shoot off some emails if you think you can change that guy's mind, but it comes down to one person who may not even be watching this thread. It's not like Bitcoin where you just appeal to a group of miners, it's one fucking guy!

I'm sure coinmine know the account holders email and hopefully had ask him to split up their hashrate onto other pools. I find it highly unlikely that this person does not know what they are doing. One does not simply "have" 25Ghs lying about without knowing their impact on the hashrate.

Maybe the miner doesn't care because he's running a HUGE business and isn't planning on doing anything shady.

We should be glad he's in a pool and not actively trying to disrupt the network solo, and it's actually not in his favor as a miner to cause problems. If he has low cost/free power, he is probably doing well with 28,000 high-end GPU's.

EDIT: Did I fall into a troll trap? You're a one-trick pony with your 51% nonsense every so often... 

[BrainShutdown]

awesome, 60% of the last 1000 blocks found by coinmine.

GG.

GG? The sky is not falling, feeleep is not going to attack the network and he added a 1% fee to disincentivize miners on his pool. It's still the monster miner (28 GH/s), so please bring constructive suggestions about how to change this person's behavior.

P2P mining. Or choose another pool. Simple. Easy.

Then shoot off some emails if you think you can change that guy's mind, but it comes down to one person who may not even be watching this thread. It's not like Bitcoin where you just appeal to a group of miners, it's one fucking guy!

I'm sure coinmine know the account holders email and hopefully had ask him to split up their hashrate onto other pools. I find it highly unlikely that this person does not know what they are doing. One does not simply "have" 25Ghs lying about without knowing their impact on the hashrate.

Maybe the miner doesn't care because he's running a HUGE business and isn't planning on doing anything shady.

We should be glad he's in a pool and not actively trying to disrupt the network solo, and it's actually not in his favor as a miner to cause problems. If he has low cost/free power, he is probably doing well with 28,000 high-end GPU's.

EDIT: Did I fall into a troll trap? You're a one-trick pony with your 51% nonsense every so often... 

Hidden Cryptominers in Game torrents
http://biersteker.tweakblogs.net/blog/archief/2015/06/

[AzzAz]

What if he/they use many pools and many coins?

[the-baker]

I'm sure coinmine know the account holders email and hopefully had ask him to split up their hashrate onto other pools. I find it highly unlikely that this person does not know what they are doing. One does not simply "have" 25Ghs lying about without knowing their impact on the hashrate.

What does it matter if he splits his hashrate? That only hides the problem, because it's still only one entity controlling a third of the entire hashrate (like someone here wrote).

[qwizzie]

do we see any evidence that this large mining entity which seems to be using hidden cryptominers to reach these insane high hashrates is dumping his mined Dash
on the market ? Or could he be setting up masternodes with them ? (it would explain the increase in masternodes lately)

[UdjinM6]

I'm sure coinmine know the account holders email and hopefully had ask him to split up their hashrate onto other pools. I find it highly unlikely that this person does not know what they are doing. One does not simply "have" 25Ghs lying about without knowing their impact on the hashrate.

What does it matter if he splits his hashrate? That only hides the problem, because it's still only one entity controlling a third of the entire hashrate (like someone here wrote).

Miner himself can't do anything harmful, only pool op can because it's a pool who is constructing a new block to mine, not the miner.

[BrainShutdown]

do we see any evidence that this large mining entity which seems to be using hidden cryptominers to reach these insane high hashrates is dumping his mined Dash
on the market ? Or could he be setting up masternodes with them ? (it would explain the increase in masternodes lately)

It would explain the increase and if that's the case he has the incentive to not damage the coin/network... but this is just speculation.

[qwizzie]

do we see any evidence that this large mining entity which seems to be using hidden cryptominers to reach these insane high hashrates is dumping his mined Dash
on the market ? Or could he be setting up masternodes with them ? (it would explain the increase in masternodes lately)

It would explain the increase and if that's the case he has the incentive to not damage the coin/network... but this is just speculation.

lets speculate a little further, suppose that entity is indeed setting up masternodes with the mined Dash that would mean that the liquidity of Dash
would be drying up pretty fast ... at least a lot faster then we perhaps imagined / have foreseen. It could also give that entity a lot of MN voting power
in the near future.

[BrainShutdown]

do we see any evidence that this large mining entity which seems to be using hidden cryptominers to reach these insane high hashrates is dumping his mined Dash
on the market ? Or could he be setting up masternodes with them ? (it would explain the increase in masternodes lately)

It would explain the increase and if that's the case he has the incentive to not damage the coin/network... but this is just speculation.

lets speculate a little further, suppose that entity is indeed setting up masternodes with the mined Dash that would mean that the liquidity of Dash
would be drying up pretty fast ... at least a lot faster then we perhaps imagined / have foreseen. It could also give that entity a lot of MN voting power
in the near future.

Sure with that hashrate he starts ~1 new masternode each day on 0% investment   (excluding the actual hacking thing)

@overxltc on choosing Dash

[qwizzie]

do we see any evidence that this large mining entity which seems to be using hidden cryptominers to reach these insane high hashrates is dumping his mined Dash
on the market ? Or could he be setting up masternodes with them ? (it would explain the increase in masternodes lately)

It would explain the increase and if that's the case he has the incentive to not damage the coin/network... but this is just speculation.

lets speculate a little further, suppose that entity is indeed setting up masternodes with the mined Dash that would mean that the liquidity of Dash
would be drying up pretty fast ... at least a lot faster then we perhaps imagined / have foreseen. It could also give that entity a lot of MN voting power
in the near future.

Sure with that hashrate he starts ~1 new masternode each day on 0% investment  (excluding the actual hacking thing)

it could also explain why the price of Dash isn't (currently) reacting to the increase of masternodes, that could change once the lack of liquidity really sets in

[afbitcoins]

The main thing lacking in Dash for me is that sites like TradingView and BitcoinWisdom don't have a Dash feed. Where do you do Technical Analysis of Dash? Do i have to print screen a chart and draw trend lines with an arts package ?

We just added Poloniex's DASH/BTC market to our real-time charting service: https://cryptowat.ch/poloniex/dashbtc

We will add more DASH markets if there's demand.

Awesome thanks! Have bookmarked