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

[ddink7]

OPPORTUNITY: EDWARD SNOWDEN JOINS TWITTER

Today Edward Snowden joins Twitter. I have sent a tweet introducing ourselves to him, but I feel that the volume may need to be turned up. If you are on Twitter, please RT the following intro tweet. If more people RT, the greater the chance he will notice it. In the future, we will prepare an official tweet from the Dashpay account. This is only an appetizer. Cheers!

https://twitter.com/TaoOfSatoshi/status/648956618437226497?s=09

Nice job! Fingers crossed =)

[GhostPlayer]

 It really does look amazing... I absolutely love the tickers - awesome creativity, don't you think?

Maybe Zoran has a good creativity, but I don't think he is good in marketing.

Otherwise he should target his arts on Masternode Operators, not on Exchange Traders.  

 Hey, it's an innocent initiative that happened out of the blue.

 He's been doing DRK/Dash artwork for more than a year with not many sales, and some community members aligned into creating this lottery to support his work. Not to promote and make a big deal out of it, but as a fun initiative to support his efforts.

 I don't see anything wrong with this. Yes, we've been bumping this to see it through, but it's not going to be an on-going thing.

 Zoran did nothing but announce his art once every couple of months. This initiative is not by him, but for him as token of our appreciation for his contribution to promote Dash. He is certainly not to "blame" for this publicity "stunt". We (not the core team at all, but some community members) thought it would be a fun thing to do.

Don't make a big deal out of this, it's almost over anyway.

 Still.. pretty cool thing to participate in, IMHO

[bitl0ck]

Hashrate on EC2?

not sure what you mean - explain...

like - mining?

Yes sir.

[alex-ru]

 It really does look amazing... I absolutely love the tickers - awesome creativity, don't you think?

Maybe Zoran has a good creativity, but I don't think he is good in marketing.

Otherwise he should target his arts on Masternode Operators, not on Exchange Traders.  

 Hey, it's an innocent initiative that happened out of the blue.

 He's been doing DRK/Dash artwork for more than a year with not many sales, and some community members aligned into creating this lottery to support his work. Not to promote and make a big deal out of it, but as a fun initiative to support his efforts.

 I don't see anything wrong with this. Yes, we've been bumping this to see it through, but it's not going to be an on-going thing.

 Zoran did nothing but announce his art once every couple of months. This initiative is not by him, but for him as token of our appreciation for his contribution to promote Dash. He is certainly not to "blame" for this publicity "stunt". We (not the core team at all, but some community members) thought it would be a fun thing to do.

Don't make a big deal out of this, it's almost over anyway.

 Still.. pretty cool thing to participate in, IMHO

Excuse me, I didn't mean you and Zoran are doing "wrong thing" - quite the reverse!

I meant that if Zoran paint his arts not for traders ("tickers",...) but for long-term DASH investors - Masternode operators ("Network", "decentralization", "Privacy", "instant payments"...) he would be MUCH more successful, and will have much more sales.

[aleix]

WE.  DO.  NOT.  WANT.

You are just a pathetic no-life troll. You are a disgusting person, Eduardo.

There is no "we" here.

[forzendiablo]

where can i finf full DASH specs?

ie: algo
block times
how much coin was premined
how many coins for masternode
how many coins a block
whats % for masternode etc

i cant find it after Dark got into Dash

can somebody help?

[Lukas_Jackson]

where can i finf full DASH specs?

ie: algo    x11
block times     2.5 minute
how much coin was premined    none
how many coins for masternode    1000 DASH
how many coins a block    depends on difficulty, actual about 5-7 coins
whats % for masternode etc     50%

i cant find it after Dark got into Dash

can somebody help?

Here is everything https://dashpay.atlassian.net/wiki/display/DOC/About+Dash


vv

[UdjinM6]

where can i finf full DASH specs?

ie: algo
block times
how much coin was premined
how many coins for masternode
how many coins a block
whats % for masternode etc

i cant find it after Dark got into Dash

can somebody help?

Here is everything https://dashpay.atlassian.net/wiki/display/DOC/About+Dash

Damn, you're fast! But I'll post anyway 

algo: X11
block time: 2.5 minutes (~2.6 in real)
0 premine
1000 DASH per masternode
5-25 coins first year depending on difficulty, decreasing 7% every 210240 blocks (~1 year)
45% to MN / 45% to miner / up to 10% to DGBB (DGBB reward is produced in superblocks so regular blocks are decreased by 10% and looks like 50% to MN / 50% to miner)

some info is also here https://www.dashpay.io/specifications/
some current stats http://178.254.18.153/~pub/Darkcoin/masternode_payments_stats.html

[eduffield]

where can i finf full DASH specs?

ie: algo
block times
how much coin was premined
how many coins for masternode
how many coins a block
whats % for masternode etc

i cant find it after Dark got into Dash

can somebody help?

Here is everything https://dashpay.atlassian.net/wiki/display/DOC/About+Dash

Damn, you're fast! But I'll post anyway  

algo: X11
block time: 2.5 minutes (~2.6 in real)
0 premine
1000 DASH per masternode
5-25 coins first year depending on difficulty, decreasing 7% every 210240 blocks (~1 year)
45% to MN / 45% to miner / up to 10% to DGBB (DGBB reward is produced in superblocks so regular blocks are decreased by 10% and looks like 50% to MN / 50% to miner)

some info is also here https://www.dashpay.io/specifications/
some current stats http://178.254.18.153/~pub/Darkcoin/masternode_payments_stats.html

What is DGBB?  

[UdjinM6]

where can i finf full DASH specs?

ie: algo
block times
how much coin was premined
how many coins for masternode
how many coins a block
whats % for masternode etc

i cant find it after Dark got into Dash

can somebody help?

Here is everything https://dashpay.atlassian.net/wiki/display/DOC/About+Dash

Damn, you're fast! But I'll post anyway  

algo: X11
block time: 2.5 minutes (~2.6 in real)
0 premine
1000 DASH per masternode
5-25 coins first year depending on difficulty, decreasing 7% every 210240 blocks (~1 year)
45% to MN / 45% to miner / up to 10% to DGBB (DGBB reward is produced in superblocks so regular blocks are decreased by 10% and looks like 50% to MN / 50% to miner)

some info is also here https://www.dashpay.io/specifications/
some current stats http://178.254.18.153/~pub/Darkcoin/masternode_payments_stats.html

What is DGBB?  

Good question! Not that much info is available on official website but you can learn more from wiki:
https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=8585240

[bertlebbert]

where can i finf full DASH specs?

ie: algo
block times
how much coin was premined
how many coins for masternode
how many coins a block
whats % for masternode etc

i cant find it after Dark got into Dash

can somebody help?

Here is everything https://dashpay.atlassian.net/wiki/display/DOC/About+Dash

Damn, you're fast! But I'll post anyway  

algo: X11
block time: 2.5 minutes (~2.6 in real)
0 premine
1000 DASH per masternode
5-25 coins first year depending on difficulty, decreasing 7% every 210240 blocks (~1 year)
45% to MN / 45% to miner / up to 10% to DGBB (DGBB reward is produced in superblocks so regular blocks are decreased by 10% and looks like 50% to MN / 50% to miner)

some info is also here https://www.dashpay.io/specifications/
some current stats http://178.254.18.153/~pub/Darkcoin/masternode_payments_stats.html

What is DGBB?  

Good question! Not that much info is available on official website but you can learn more from wiki:
https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=8585240

That's a good read, thanks for the info!

[wozzek23]

Tok, this sell order of over 12,000 DASH on Cryptsy:

Price
0.01000500   
Quantity
12241.60884697   
BTC
122.47729651

does not seem a part of that periodical dumping you mentioned?

[needypoo]

remember 2 shops where DASH is accepted is both https://www.pexpeppers.com for all natural hot sauces with extreme flavor and heat and http://www.drpecksbees.com for all natural raw honey

[TanteStefana2]

Hashrate on EC2?

not sure what you mean - explain...

like - mining?

Yes sir.

It's been a minute since I used EC2 - never did mine with it
I wouldn't think it would be cost effective - BUT

we might have some folks around here that have done this....


ANYBODY - want to help this guy out....

I tried this forever ago, and got very varied hash power.  There is only CPU mining, I got between 14k and 50k of hash, so small, you'd really waste your money mining with them.  Even when I did it (about 2 months after launch) it cost me way more to rent than I was getting in coins.   

[illodin]

Tok, this sell order of over 12,000 DASH on Cryptsy:

Looks like 5k has already been eaten from the wall as it was 17k originally.

[toknormal]

Tok, this sell order of over 12,000 DASH on Cryptsy...does not seem a part of that periodical dumping you mentioned?

wozzek - a couple of things:

Just to clarify, the 'redundant coin supply' I defined in that post only exists for an instant - basically the instant it takes for the price to move from the old value to the new value as some of the supply gets sold into the bids. Amounts sitting in the order book as 'asks' are not redundant supply - they form part of the currency liquidity needed to support markets. Remember, philosophically speaking, the entire coin supply is sitting on the order book since there is probably a price at which everyone would dump. (If someone came up to you right now and offered you $1000 per Dash, you'd probably at least think about it, so therefore all your coins can be thought of as sitting on the order book somewhere above the exchange price as well).

Regarding whats happing at the moment, we need to bear in mind that things are in a state of flux right now and will stabilise at some point. In particular, I think whats happening is that the bulk of the masternode collateral has been coming from existing holders so far which means there's minimal impact on price despite the ongoing increase in masternode count. This may have frustrated a few holders who got sick of waiting on a gain and decided to dump. However, if they dump, the coins will change hands and we need to see what the new holders then do.

Whats happening is that the people are taking positions and the slack is being taken up. The "currency supply" is going to two places - [1] to the reserve supply and [2] to markets (which is what that 12k ask is).

There are also other dynamics in play. As the masternode population increases, revenue per node decreases and this will cap the masternode count at each price level. We need to then see what happens. The currency may go trough a few cycles of devalue, then acquire more reserve capital (increase masternode count due to them being cheaper), then revalue again. On the other hand, speculative demand may keep it buoyant enough to grow the reserve portion of the supply without a devaluation.

It needs to be allow to do whatever it's gonna do for now to reach an equilibrium which will serve as a base for growth, so I'd just sit back and watch the show for a few months. I'll maybe try to come up with some spreadsheet stuff to let people play around with the model so it's more interesting to watch the dynamics play out - whether that involves selling or buying.

(P.S. I updated my previous post to include a bit of terminology definition when referring to the distinct monetary markets that Dash addresses. I've referred to them the "reserve market" and the "currency market". Hope that makes things easier).


The two sources of masternode collateral: a) from existing holders (no impact on price) b) from markets (favourable impact on price)

[toknormal]

Seems Trolleros are busy over there  
https://bitcoinwisdom.com/markets/poloniex/xmrbtc

For some reason, they've acquired a sudden preference for bitcoin.

[aleix]

Seems Trolleros are busy over there  
https://bitcoinwisdom.com/markets/poloniex/xmrbtc

They have only one feature -> anonymity. And now this feature is threaten by this new zerochash development.

Its is great we are in another level of development now (InstantX,  governance, funding, etc.)

I wish best of luck to Monero bagholders (I know some very nice people in this community)

[toknormal]

Seems Trolleros are busy over there  
https://bitcoinwisdom.com/markets/poloniex/xmrbtc

They have only one feature -> anonymity.

I wouldn't even call it "anonymity", I'd call it obscurity.

Dash has anonymity.

I know some very nice people in this community

Do you ? Then there's hope for all of humanity  

[sangoku]

Chinese Auto Giant Wanxiang Plans $50 Million Blockchain Fund

http://www.coindesk.com/china-wanxiang-blockchain-50-million-fund/