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

[Sub-Ether]

...
Still diving into everything

Watch Evan demonstrate instantX on testnet,
https://www.youtube.com/watch?v=68nC5BQfuuE
in debug console try sending a little via the command: sendtoaddressix "dashaddress" XhnNx8Eu7FkvtK2Kmp7dK59mtMecZNiy6K 1
use dash-cli to call it up from a DOS window, be careful using a loop, your balance can be emptied very quickly!

better to test that on Testnet

Corrected

[Blazin8888]

Yes I will wait that stuff is beyond me right now.  I am going to focus on acquiring 10k DASH before year end. Then I will dive into masternodes. I know a good vision when I see one. This coin is gold IMO.

[qwizzie]

Evan Duffield Explains Dash Technology and Announces Evolution at Bitcoin Wednesday

https://www.youtube.com/watch?v=0Jw5Gk-iuy0

Published on Oct 22, 2015


This talk was given during the Bitcoin Wednesday conference on 7 October, 2015 when Evan made his "Evolution" announcement.
Evan Duffield is the lead developer and founder of the Dash cryptocurrency.

tungfa : wake up !!

Edit : almost forgot about that projector

[toknormal]

Anyone heard of these feckers? Looks like they're copying Dash
http://www.newsbtc.com/2015/10/22/blockchain-to-help-nasdaq-manage-proxy-voting/

I never know what those people mean when they say they're going to use 'blockchain technology' to do XY and Z. What blockchain ? They're going to launch their own proprietary one ? Do they realise a blockchain cannot exist as a proprietary entity ?

It's like saying we're going to use "atmospheric technology" but we're going to develop our own atmosphere. Do they even realise what they're talking about ? Do they realise it isn't possible for anyone to 'own' a blockchain ?

Maybe the whole idea's just a square peg in a round hole for many corporate types. I can imagine them not being able to imagine an asset that isn't buyable or ownable. Reminds me of a poignant John Lennon lyric - "trying to shovel smoke with a pitchfork in the wind".

EDIT: Bump !

Evolution presentation & talk just seems to have got published above me  

[orangecycle]

Yes I will wait that stuff is beyond me right now.  I am going to focus on acquiring 10k DASH before year end. Then I will dive into masternodes. I know a good vision when I see one. This coin is gold IMO.

If you want to get your first 1,000 Dash into a masternode in a matter of minutes, check out https://node40.com

The Dash stays in your wallet. We commission, manage and monitor the masternode server for you. You sit back and watch the rewards come directly to your wallet.

[dazbarlby]

Evan Duffield Explains Dash Technology and Announces Evolution at Bitcoin Wednesday

https://www.youtube.com/watch?v=0Jw5Gk-iuy0

Published on Oct 22, 2015


This talk was given during the Bitcoin Wednesday conference on 7 October, 2015 when Evan made his "Evolution" announcement.
Evan Duffield is the lead developer and founder of the Dash cryptocurrency.

tungfa : wake up !!

Edit : almost forgot about that projector

Wow... very well presented Evan, I can't wait to see what else you guys have planned.

Edit: Good Q&A session too. I think you answered the questions very well and calmly (even the troll questions) - https://www.youtube.com/watch?v=x5sNx7SMTP8

[sangoku]

Evan Duffield Explains Dash Technology and Announces Evolution at Bitcoin Wednesday

https://www.youtube.com/watch?v=0Jw5Gk-iuy0

Published on Oct 22, 2015


This talk was given during the Bitcoin Wednesday conference on 7 October, 2015 when Evan made his "Evolution" announcement.
Evan Duffield is the lead developer and founder of the Dash cryptocurrency.

tungfa : wake up !!

Edit : almost forgot about that projector

Wow... very well presented Evan, I can't wait to see what else you guys have planned.

Edit: Good Q&A session too. I think you answered the questions very well and calmly (even the troll questions) - https://www.youtube.com/watch?v=x5sNx7SMTP8

Wooowww thank you very much ;-)

[Macrochip]

Watch dnaelor rant and run off stage like an angry kid:
https://youtu.be/x5sNx7SMTP8?t=145
Guess he was very convincing with his little toilet papers among the audience after that tirade


dnaelor after the Conference:

[iCEBREAKER]

Wow!  So sad... XMR pays for dirt bags to troll.  Karma is a bitch and she takes no prisoners.

It makes complete sense now.  We have had some odd trolls here and there...  But they disappeared after a couple of posts.  I could never understand why someone would devote so much time and energy and negativity to one cause.

Adam White,  the Dasher,  Icebreaker and couple of others are PAID by another Crypto-Currency, Monero, to troll. Your core devs are Scum bags!   It shows... You are afraid... Your currency will turn out your be a scam... Your behaviour proves it.

Douche bags.....

Oh, Ice doesn't get paid.  

Our icey friend is bound to this coin as he went in at a high price when he laundered hashfast creditor and customer btc and fiat into XMR.

If he dumps then that's it for market cap, then again he can't dump as there is only one exchange with volume. Not forgetting he has creditors and former customers on his tail........

Again, irony is that he didn't know he was dancing with the devil when he and the hashfast team laundered into XMR.

Now you see the story unfold, no?

Monero, such honey pot, such coin.

That's a nice conspiracy theory, but it's completely off-topic because it doesn't even mention Dash.

This thread is about Dash, the massively insta-mined (20% of all coins in the first 2 days) HYIP scam that Peter Todd calls "snake oil" and "bad crypto."

[oaxaca]

So what advantages are there to me running a node?

Besides the money...

Can I run one with a shitty pc at home?

Advantages :

Voting power
Helping the network get stronger

Best to use a vps, VULTR will cost you 5 USD per month with good specs .. but you have several more VPS providers (Digital Ocean / Amazon) within that price range

Public service reminder:  Don't run a masternode at home unless you are sure you can have 24/7 uptime.  The network security and your payment stream will suffer if it goes down.

Public service reminder 2:  Try and avoid the more popular providers like Amazon, Vultr, and DO.  Diversity is better for obvious reasons.  Pick your favorite from this ever-evolving list

http://lowendbox.com/

oh yeah, speaking of evolving:

[qwizzie]

I came across this site : https://www.minds.com/Dashpay
do we know who's site it is ?

edit : appearently its from someone called "MindSet" who created it 17th of june 2015
as alternative to Facebook. Looks rather up to date as well.

And it has 118 Subscribers ... not bad.

[BitWater]

Watch dnaelor rant and run off stage like an angry kid:
https://youtu.be/x5sNx7SMTP8?t=145
Guess he was very convincing with his little toilet papers among the audience after that tirade


dnaelor after the Conference:

That was actually funny. Well played Evan.

[Macrochip]

The only credit I'll give dnaelor is that he showed up in person. Something his puppet masters are very unwilling to do.

He's obviously a Dutch native and lives in a tiny country, so even if he doesn't live in Amsterdam directly it was a short bus ride (or maybe his parents drove him, don't know). Either way he did not leave his comfort zone at all there. I refuse to give someone credit who insidiously tried to sabotage this conference with his biases, hate filled, slanderous attacks against Evan and those tiny eco-mode-printed Moronero-propaganda excuses for an asswipe.

Edit:

Let's assume you're a sane investor: Which coin would YOU pick?

[Blazin8888]

The only credit I'll give dnaelor is that he showed up in person. Something his puppet masters are very unwilling to do.

He's obviously a Dutch native and lives in a tiny country, so even if he doesn't live in Amsterdam directly it was a short bus ride (or maybe his parents drove him, don't know). Either way he did not leave his comfort zone at all there. I refuse to give someone credit who insidiously tried to sabotage this conference with his biases, hate filled, slanderous attacks against Evan and those tiny eco-mode-printed Moronero-propaganda excuses for an asswipe.

Edit:

Let's assume you're a sane investor: Which coin would YOU pick?

Beautifully displayed.
Thank you.

Question:

When I tie up 1000 coins in a node how long does it take to stop the node and withdraw my coin?

[toknormal]

When I tie up 1000 coins in a node how long does it take to stop the node and withdraw my coin?

Hi Blazin

Your coins are never actually 'tied up' as such. You can move them anytime you want just with a regular Dash QT client. All that will happen is that the Masternode for which they were serving as collateral will go offline if you move them away from the nominated collateral address. i.e. it simply notices that it is no longer collateralised and ceases to be an operational part of the network.

Thats how the decentralised aspect of masternodes dovetails with the security of blockchain addresses.

Say your actual node gets compromised (e.g. someone either steals the hardware it was running on or a hosting provider goes down or whatever). You end up with no access to the computer running the node. All you do is get a regular wallet, move your coins to a new address, set up a new node0 somewhere else and life continues.

[italeffect]

Question:

When I tie up 1000 coins in a node how long does it take to stop the node and withdraw my coin?

The 1000 coins are just sitting in your local wallet, or in a cold wallet of your choosing (in a single address). No coins actually sit on the masternode itself or are locked in any way. Spending the coins is exactly the same as any other coins you hold. If you spend all or a portion of the 1000 coins the masternode simply stops being active and you will no longer receive payments. You can reactivate it at any time by sending 1000 coins to a new address and updating the config.

[Blazin8888]

Question:

When I tie up 1000 coins in a node how long does it take to stop the node and withdraw my coin?

The 1000 coins are just sitting in your local wallet, or in a cold wallet of your choosing (in a single address). No coins actually sit on the masternode itself or are locked in any way. Spending the coins is exactly the same as any other coins you hold. If you spend all or a portion of the 1000 coins the masternode simply stops being active and you will no longer receive payments. You can reactivate it at any time by sending 1000 coins to a new address and updating the config.

Beautiful.

[Blazin8888]

The only delay element to it is you lose your place in the que for payments, so if you spend any of the 1k just after receiving a payment you lose nothing. If it was last paid a few days ago you lose those few days in waiting for a payment if you move 1k back in and reactivate it.

EDIT: There's also an Easter egg in the payment calcs, 1/100 chance of receiving a double payment

Reactivations have a one cycle penalty before they can be paid again  

https://github.com/dashpay/dash/blob/master/src/masternodeman.cpp#L462

Hey man nice vision here...keep up the hard work.
Definitely have my 100% support. I think as Bitcoin becomes more mainstream hopefully DASH will too.

- good luck

[tungfa]

Evan Duffield Explains Dash Technology and Announces Evolution at Bitcoin Wednesday

Published on Oct 22, 2015


This talk was given during the Bitcoin Wednesday conference on 7 October, 2015 when Evan made his "Evolution" announcement.
Evan Duffield is the lead developer and founder of the Dash cryptocurrency.

tungfa : wake up !!

Edit : almost forgot about that projector

awake
uploading now

[oaxaca]

Question:

When I tie up 1000 coins in a node how long does it take to stop the node and withdraw my coin?

The 1000 coins are just sitting in your local wallet, or in a cold wallet of your choosing (in a single address). No coins actually sit on the masternode itself or are locked in any way. Spending the coins is exactly the same as any other coins you hold. If you spend all or a portion of the 1000 coins the masternode simply stops being active and you will no longer receive payments. You can reactivate it at any time by sending 1000 coins to a new address and updating the config.

<nitpicky slight correction>

The 1000 DASH are not sitting in your wallet per se.  They are an unspent output of a prior transaction.  That means that the 1000 DASH are sitting out there on the network waiting for you.  By using your private key, you can send them to another address at any time, like if you want to trade DASH for goods or services.  You can buy a pizza and a six pack of beer for example.

When you set up a masternode, it verifies that the 1000 DASH are still where you said they would be.  If you transfer any part of that 1000 somewhere else, the 1000 are not still intact.  The masternode will go offline at that point.

The original choice of the term "wallet", while easy for end users to understand is not quite accurate.  A much better choice of term is "keyring".  It is a thing that holds your keys.  You can have a spare set of keys to your car or your DASH sitting in your drawer at home.  




Strictly speaking, a wallet doesn't hold any funds.  It holds your public and private keys.  Maybe in the next "evolution", we can fix this misunderstanding.  

</nitpicky slight correction>