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

[toknormal]

Technically the Dash reserve market doesn't provide an AER because any interest paid is not combined with the original balance (at least until it reaches 1000).

I think this is it

No thats not it. You could technically gain compound interest if - every week - you forwarded your payments to one of splawk's multi-participant masternode pools.

Looks like I might get to keep my 5 Dash 

[toknormal]

Posting answer in 1 minute. Nobody's got it.

[Lebubar]

[toknormal]

************* Answer: ***************

Interest is normally paid on a loan, from the borrower to the lender, the implication being that while the borrower has the money, the lender doesn’t have it and therefore needs to be compensated for their loss of use of that capital during the period of the loan.

The ‘interest’ paid to Dash reserve supply holders is coming out of the coin inflation, not from a borrowers' "rent" payments. Coin inflation on it’s own has the effect of devaluing the currency, so strictly speaking, in the absence of any accrual in valuation against goods and services or other currencies, that interest is only partially offseting the devaluation caused by new supply.

That’s the “technical foul”, behind my comparison.

The reason I qualified it as “sort of” is because:

a) in the fiat world there is a kind of scammy situation where new supply has to be created to pay the interest anyway

b) in Dash, the reserve supply has to be bought from the currency portion of the supply for anyone entering, so this in itself will notionally buoy the valuation and make the interest payments actually net positive (ideally that is - not guaranteed of course)

I would have given it if anyone had got the bit about the interest coming out of the supply inflation as opposed to out of existing supply paid from a borrower

[toknormal]

Post your addresses and I'll send 1 Dash each for enthusiasm.

Adam can post his as well for providing the inspiration (I know he's got one    )

[Riseman]

Woah. There's always something new to learn

Xi9wgSiLpf8SyJjXEBGvji1JEoJEFFzb8t

Thanks.

[Lebubar]

Ouch.. Was to hard for me..

Tks but I give my DASH to Adam to tks him for bumping this page.
And also like this he should be able to try InstanTX which I'm personally addict.
This InstanTX is really piece of beauty, since v12 it is less than a second on mainnet and I never saw one failed so far.

[toknormal]

And also like this he should be able to try InstanTX which I'm personally addict.
This InstanTX is really piece of beauty, since v12 it is less than a second on mainnet and I never saw one failed so far.

How to you test it - have you got 2 wallets or something ?

[Lebubar]

And also like this he should be able to try InstanTX which I'm personally addict.
This InstanTX is really piece of beauty, since v12 it is less than a second on mainnet and I never saw one failed so far.

How to you test it - have you got 2 wallets or something ?

When you send it you feel all the power....
Just the time to click on transaction tab and O.o already confirmed    

So with only the sender wallet you can see it.
But sure better to have two wallet open (on 2 computer)

[toknormal]

When you send it you feel all the power....
Just the time to click on transaction tab and O.o already confirmed   

Yes. That is very cool.

[Lebubar]

Adam don't make your shy.
Post you DASH addy, you'll feel all the power in DASH.

Tok is ready to Insta send you 1 DASH.. 

[stealth923]

Adam don't make your shy.
Post you DASH addy, you'll feel all the power in DASH.

Tok is ready to Insta send you 1 DASH.. 

or Icebreaker - although I think he already has several masternodes and deep down is a huge supporter.

[Lebubar]

Adam don't make your shy.
Post you DASH addy, you'll feel all the power in DASH.

Tok is ready to Insta send you 1 DASH.. 

or Icebreaker - although I think he already has several masternodes and deep down is a huge supporter.

No, ShItBreaker NO.. He's a scamer.
Adam need to learn.

[flailing Junk]

As to what will happen to the masternode ROI if Dash takes off I think that this article is worth noticing.

http://www.truthcoin.info/blog/pow-cheapest

His argument that in peer to peer networks the cost of creation of money will rise to the value of that money is compelling. He does not directly address masternodes but I think the argument can be extended to them. For example one way a masternode could expend resources to increase his earnings would be to ddos or otherwise attack other masternodes. If those attacks were successful they would be carried out until the marginal revenue approached the marginal cost of running the masternode + the attack.

Though bitcoin miners could probably do the same thing and I haven't heard of it happening, so maybe ddos wont work. Anyone have any ideas about how effort could be expended in relation to masternodes to eliminate the rent and bring the marginal cost up to the marginal revenue of running a masternode?

[toknormal]

As to what will happen to the masternode ROI if Dash takes off I think that this article is worth noticing.

http://www.truthcoin.info/blog/pow-cheapest

That looks interesting. Thanks for posting it.

[Solarminer]

************* Answer: ***************

Interest is normally paid on a loan, from the borrower to the lender, the implication being that while the borrower has the money, the lender doesn’t have it and therefore needs to be compensated for their loss of use of that capital during the period of the loan.

The ‘interest’ paid to Dash reserve supply holders is coming out of the coin inflation, not from a borrowers' "rent" payments. Coin inflation on it’s own has the effect of devaluing the currency, so strictly speaking, in the absence of any accrual in valuation against goods and services or other currencies, that interest is only partially offseting the devaluation caused by new supply.

That’s the “technical foul”, behind my comparison.

The reason I qualified it as “sort of” is because:

a) in the fiat world there is a kind of scammy situation where new supply has to be created to pay the interest anyway

b) in Dash, the reserve supply has to be bought from the currency portion of the supply for anyone entering, so this in itself will notionally buoy the valuation and make the interest payments actually net positive (ideally that is - not guaranteed of course)

I would have given it if anyone had got the bit about the interest coming out of the supply inflation as opposed to out of existing supply paid from a borrower

Great discussion, just missed it.

About a).  What is even crazier is that most fiat money is created from loans.  And more loans need to be created over and over for the system to keep going and pay back the first loans.  So why are we at 0% inflation right now?  Because we are at the end, increase the interest, no one can pay the debt.

I would have said you can't compare fiat that is debt based to DASH that is credit based.  Debt based systems always collapse/devalue.

[moocowmoo]

Can you help me with this update pls?

ArpFlush, next time try my linux utility dashman.  I think you'll enjoy it!

Just run it from the directory you have your dashd/dash-cli in.
(I couldn't tell from your post where you're keeping them, but I recommend keeping everything in ~/.dash and either adding ~/.dash to your PATH or symlinking them to an existing PATH directory. I'll help you get a convenient setup if you like.)

(In the screenshot, I have my dashd in ~/.dash and have cloned dashman to ~/src)

https://github.com/moocowmoo/dashman

[carl_sagan]

Cryptowatch update: we've added Cryptsy's DASH feeds. The real-time data is coming through, however their API is broken so we have not able to backfill their historical data yet. We have a support ticket open with them but they haven't responded in days. Hopefully they get back to us.

DASHBTC: https://cryptowat.ch/cryptsy/dashbtc
DASHUSD: https://cryptowat.ch/cryptsy/dashusd

[tungfa]

remember the recent X11 ASIC hype ?

there is goes
http://pinidea.io

[tungfa]

What is ...
more coming soon
 

please share in your languages !!!


Voiceovers:
Chinese:
https://www.youtube.com/watch?v=ikwyD0MAlfM
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https://www.youtube.com/watch?v=W1RGl5Q84_s
Italien:
https://www.youtube.com/watch?v=EyGFoyZX7CM

Subtitles:
https://www.dashpay.io/what-is-dash-zh-cn/
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https://www.dashpay.io/what-is-dash-br/