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

[dEBRUYNE]

Ah for a brief moment monero and dash speculators were united chatting about speculation, before the instamine trolling resumed.

We can't control TheDasher, AdamWhite nor iCEBREAKER unfortunately.

Ah for a brief moment monero and dash speculators were united chatting about speculation, before the instamine trolling resumed.

And you guys aren't helping...

Check my post history here, I haven't FUD'ed nor trolled once.

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[Probleminfected]

Ah for a brief moment monero and dash speculators were united chatting about speculation, before the instamine trolling resumed.

We can't control TheDasher, AdamWhite nor iCEBREAKER unfortunately.

Ah for a brief moment monero and dash speculators were united chatting about speculation, before the instamine trolling resumed.

And you guys aren't helping...

Check my post history here, I haven't FUD'ed nor trolled once.

Not saying you have, I'm saying, there isn't any reason to start egging people on.  

[dEBRUYNE]

Ah for a brief moment monero and dash speculators were united chatting about speculation, before the instamine trolling resumed.

We can't control TheDasher, AdamWhite nor iCEBREAKER unfortunately.

Ah for a brief moment monero and dash speculators were united chatting about speculation, before the instamine trolling resumed.

And you guys aren't helping...

Check my post history here, I haven't FUD'ed nor trolled once.

Not saying you have, I'm saying, there isn't any reason to start egging people on.  

Let's take up where we left off in that case :-)

[moocowmoo]

Did cryptsy just impose KYC rules out of the blue? Would be a nasty move if it was unannounced. At least poloniex announced it a week in advance.

yes.  I've had an account for years.  Today I sold dash to pay for rent, go to withdraw and find i'm "Tier 0" and my withdraw request exceeds the allowed amount.  So, with no other recourse, I begrudgingly fill out the required information just so I can /pay my rent/ and successfully initiate my withdrawal.

Now my withdrawal has been in pending state for almost 24 hours.  I open a ticket and get the following bullshit reply:

"I apologize for the inconvenience this may have caused you. We are experiencing
a delay when it comes to processing BTC transactions especially with withdrawal requests.
Our technical support team is already aware of the issue and is currently working on a fix.
We appreciate your patience as we get the coins moving to you.
Thank you kindly for your patience and understanding."

That was 8 hours ago.

Thanks Cryptsy, in one swift move you've lost all my significant future business.

[tungfa]

Dash Masterclass in
Moscow/ Russia, 28 October 2015
(unofficial)

http://hselab.ru/news/mnogoobeshchayushchaya-raspredelennost-seriya-master-klassov-po-blokcheyn-tehnologii-v-hselab-v



based on this:
«The second master class scheduled for October 28 will be dedicated not to Bitcoin, but to the cryptocurrency Dash. Students will learn more about this currency’s enhanced privacy features, how to use it and how Dash’s blockchain differs from Bitcoin. The master classes are free of charge.»

http://cointelegraph.com/news/115465/bitrubles-qiwi-moscow-high-school-of-economics-launch-blockchain-master-classes

[MasterMined710]

Did cryptsy just impose KYC rules out of the blue? Would be a nasty move if it was unannounced. At least poloniex announced it a week in advance.

yes.  I've had an account for years.  Today I sold dash to pay for rent, go to withdraw and find i'm "Tier 0" and my withdraw request exceeds the allowed amount.  So, with no other recourse, I begrudgingly fill out the required information just so I can /pay my rent/ and successfully initiate my withdrawal.

Now my withdrawal has been in pending state for almost 24 hours.  I open a ticket and get the following bullshit reply:

"I apologize for the inconvenience this may have caused you. We are experiencing
a delay when it comes to processing BTC transactions especially with withdrawal requests.
Our technical support team is already aware of the issue and is currently working on a fix.
We appreciate your patience as we get the coins moving to you.
Thank you kindly for your patience and understanding."

That was 8 hours ago.

Thanks Cryptsy, in one swift move you've lost all my significant future business.

thanks for the sub 0.008 DASH 
my DASH withdraws went through fine as always. good luck on your btc. cryptsy is dead to me.

[bigrcanada]

Did cryptsy just impose KYC rules out of the blue? Would be a nasty move if it was unannounced. At least poloniex announced it a week in advance.

yes.  I've had an account for years.  Today I sold dash to pay for rent, go to withdraw and find i'm "Tier 0" and my withdraw request exceeds the allowed amount.  So, with no other recourse, I begrudgingly fill out the required information just so I can /pay my rent/ and successfully initiate my withdrawal.

Now my withdrawal has been in pending state for almost 24 hours.  I open a ticket and get the following bullshit reply:

"I apologize for the inconvenience this may have caused you. We are experiencing
a delay when it comes to processing BTC transactions especially with withdrawal requests.
Our technical support team is already aware of the issue and is currently working on a fix.
We appreciate your patience as we get the coins moving to you.
Thank you kindly for your patience and understanding."

That was 8 hours ago.

Thanks Cryptsy, in one swift move you've lost all my significant future business.

thanks for the sub 0.008 DASH 
my DASH withdraws went through fine as always. good luck on your btc. cryptsy is dead to me.

Are they implementing KYC rules?

[Bridgewater]

current network hashrate is 139GH ?some big miners are on Dash network , IMO
This might be nice.

The weather is getting colder for those in the northern hemisphere. Maybe people are turning their (free) heaters back on again after a summertime break.

[moocowmoo]

 
Are they implementing KYC rules?

implemented

at least for me. and with no notice.

[AlexGR]

450K coins isn't very many given LTC's supply.

Yes but the point was about fairness. Both BTC and LTC had start issues, in the sense that BTC was solomined and LTC was instamined. And even when a coin doesn't have these issues, it has cpu-botnets when it comes with new algorithms, it has whale miners dominating the hash rate, etc etc. I have yet to see what a "fair distribution coin" looks like. People don't have the same means to access new coins and this underlying problem creates distribution problems anyway, even if it is announced that a new great coin will be launched in a month from now.

And even when people do have the capacity to acquire significant market portions for peanuts, if they don't they then cry about it. People were buying 10k DRK batches for 0.25 btc / 100k DRK for 2.5btc. This went on for more than two weeks after launch.Some were saying, ok why part my 0.25 btc or 2.5 btc to buy a shitcoin - even when Evan had already published his plans for anonymity and intention to rival the top coins? There was general distrust about all those "clone coins" that were appearing.

The launch was problematic, the coin price at the time reflected this problem. Many coins = cheap coins = people could grab them for nothing off the market or through messages. So the market solved the distribution issue by making the plethora of coins have a very low price. The entire instamine was worth less than 50 BTC.

If one goes the scam route, Darkcoin was a 40something btc scam. That was the total marketcap two to three weeks after launch.

Bitcoin original blocks were 50 btc EACH. And satoshi mined a million BTCs. Was he a billion-USD scammer (late-2013 marketcap), or did he make a coin that exploded in value much later? Were the people who were buying 10.000 BTC pizzas idiots, or simply giving value to something that was -at the time- pretty much worthless?

Hypocrisy, in this case, is when one attacks someone else, based on retroactive reasoning and facts that may now be true but weren't at the time something happened. And it's going circles and circles over here for no reason other than competitive trolling. Let's troll our competitor so we can rise to the top. The community decided on the instamine issue that the coins were sufficiently distributed, rejected the airdrop proposal by Evan who wished to fix the issue, and we moved on. And that was in <0.002 prices, even before the market went to post 0.02+ levels which shuffled the market players multiple times.

So another aspect of the hypocrisy is that it pretends the instamined marketshare is somehow frozen solid in mid-january-2014 status, when the coins have already been shuffled around multiple times. But the truth isn't convenient for trolling.... so trolling is about projecting mid-jan-2014 distribution to the now (which is false), then retroactively applying the new value to what was then worthless (dafaq?), citing intention for a diff-retargeting bug that was already present in the forked LTC-code, claiming scam when Evan proposed to rectify the situation within 2-3 months after the launch, through the airdrop which was voted down / reacted violently against (back when prices were like 0.0012-0.0015) and finding all kind of crap to throw around for a developer that has stuck with his coin longer than Satoshi did for BTC before engaging into more interesting ventures.

No wonder dash had the same issue at the start, as it was based on LTC code, but with a spin regarding hash type and diff. adjustment.

No, if the only issue with XCoin was same slow difficulty retargeting as LTC, the instamine would have been far, far smaller. The main issue was the enormous coins per block during the first two days compared to any time after that. LTC kept the same coins per block for about four years, making it's instamine negligible.

The two coins had different economic parameters and thus a different reaction to the LTC-code re-targeting difficulty bug.

In any case, the bug wasn't put there by Evan. It was already there from the LTC code.

[smooth]

BTC was solomined

BTC was never solomined. There are well known people who mined at or near the very beginning who showed up later with a large amount of coins, plus a number of well known people whose coin holdings are less well known but clearly were also mining. Since there were no exchanges and little to no trading, mining would have been the only way to get them. Those are only the well-known ones, too. There were certainly other unkown people mining who were just more private about it ever since. As you said, satoshi is reported to have mined a million coins, but 2.5 million were mined in the first year, so clearly other people were mining too.

LTC was instamined, but as I said only about 1% of the current supply. If you are trying to argue that is in any way similar to a 33% instamine you are either being dishonest or are just very confused. I'm not sure which.

The two coins had different economic parameters and thus a different reaction to the LTC-code re-targeting difficulty bug.

In any case, the bug wasn't put there by Evan. It was already there from the LTC code.

You are incorrect. This bug (described below), increased mining rewards by 5-20x, had nothing to do with LTC, and was indeed put there Evan:

If the block reward was supposed to be 56.1961549627, why is it showing 500 in both mining pools.....

The block rewards should have start close to 100 coins per block and should have gotten smaller each time the difficulty goes up and the reward should increase as the difficulty goes down.

I confirm that block reward with current difficulty is again 500, this is weird.

Everyone using the linux based version please update your source from GitHub! I fixed the code that is causing the strange block rewards and it goes active at block 4500! If you do not upgrade you'll be left behind!

Once Evan fixed the bug at block 4500, the reward immediately dropped from 500 to 25.

That was entirely new code (LTC didn't and doesn't have a variable block reward based on difficulty), written by Evan, with the bug put there by Evan.

The 5-20x block rewards due to Evan's bug accounts for 80-90% of the instamine, not the LTC difficulty retargeting algorithm (which Evan also messed with; he did not use the LTC code as-is, and which also did not function as advertised and adjusted -- surprise, surprise! -- more slowly). See below.

With correct block rewards and the LTC algorithm, you would have had a much smaller instamine, more like LTC. With the adjustments functioning as advertised, there would have been even less of an instamine (i.e. virtually none at all). That's not what happened.

- 5 minute block target
- 6 Confirms per transaction
- Difficulty re-targets every 60 minutes
- Block reward controlled by moores law ( 1111 / (diff+1 ^ 2))

It hasn't changed for the last 3-4 hours

Opps, updated that. It's every 576.0 blocks.

[YourMother]

Otoh relied a lot on Cryptsy and Bitfinex for manipulating Dash, hence why he managed to get the price from 600k to 2M+. Now that Bitfinex delisted the coin and Cryptsy, besides being unreliable these days, introduced account verification too, he has nowhere to go and manipulate. Polo requires verification and on top of that has a very low volume.

Hmm! Hmm! Hmm! This is not good.

[kaene]

Otoh relied a lot on Cryptsy and Bitfinex .....

Polo requires verification and on top of that has a very low volume.

Bitfinex always required verification, so did Cryptsy if you wanted to trade USD, I don't see a point here, why wouldn't he or anyone else verify with Polo?

I'm moving to Polo too, it seems like a nice exchange and DASH seems to be one of their best performance (after ETH and BTS with their huge volume). 115BTC in the last 24 hours, that's a very nice volume, specially when most eyes are on BTC these days.

It's good to write what you think, but think about it before you write it.

[Freckleg]

Nice the whole Monero team is here including the dev. Again...

We know guys Dash is cool!!

[RenegadeMan]

Man-oh-man you trolls are a sad and sorry lot.

So you don't like the instamine and don't accept what happened.

You don't like Dash, you don't like the people here and you especially don't like Evan.

In fact, you just "don't like" full stop.

Has it not occurred to you all that YOU'RE ONLY HERE because Dash has achieved the success it has to date whereas the coin(s) you're peddling hasn't (haven't)?

If XCoin had gone nowhere and not been turned into Darkcoin and now Dash with the incredible investment of time, energy and ingenuity Evan has demonstrated, YOU SIMPLY WOULDN'T BE HERE!!!

You're here because you're threatened. That's it. Nothing more.

I've seen some tawdry, malevolent and nasty jealousy in my time but you guys are taking it to levels that's beyond anything previously imaginable.

FFS, go and make your own success and stop trying to cut down someone else's.

It's truly pathetic.

Smooth....you're obviously intelligent and I believe you could do something similar to Evan. But why-oh-why are you so focused on this? Why do you spend so much time in this thread attempting to sabotage the good that's been done here? Why not focus on making your own success instead of desperately trying to take down the hard work of other people?

And iCESHITTER, TheFlasher and Adam(I'm-so-obviously-the-biggest-fucktard-in-all-of-crypto)White go away and peddle your toxic vitriol somewhere else! You aren't providing any value to anyone. Your constant whining, monotonous rhetoric is just so devoid of a single positive sentiment. You're not helping anyone. You're not "exposing" anything. You're just desperately trying to damage Dash to help your own coin(s) improve. But it doesn't improve ANYTHING. Good grief, can you not see that this is the very antithesis of success?! That the negative mental energy has about as much chance of you achieving success as being continually angry and pissed-off does? You're just working yourselves into an early grave. Disastrous strategy and so very flawed.

Go away guys and work out how to live a life without being a troll. You will find so much more success by just making that commitment to positive thought.

[MasterMined710]

Did cryptsy just impose KYC rules out of the blue? Would be a nasty move if it was unannounced. At least poloniex announced it a week in advance.

yes.  I've had an account for years.  Today I sold dash to pay for rent, go to withdraw and find i'm "Tier 0" and my withdraw request exceeds the allowed amount.  So, with no other recourse, I begrudgingly fill out the required information just so I can /pay my rent/ and successfully initiate my withdrawal.

Now my withdrawal has been in pending state for almost 24 hours.  I open a ticket and get the following bullshit reply:

"I apologize for the inconvenience this may have caused you. We are experiencing
a delay when it comes to processing BTC transactions especially with withdrawal requests.
Our technical support team is already aware of the issue and is currently working on a fix.
We appreciate your patience as we get the coins moving to you.
Thank you kindly for your patience and understanding."

That was 8 hours ago.

Thanks Cryptsy, in one swift move you've lost all my significant future business.

thanks for the sub 0.008 DASH  
my DASH withdraws went through fine as always. good luck on your btc. cryptsy is dead to me.

Are they implementing KYC rules?

yes, kyc without any email notice. looks like vern put out a little tweet but did not explain how drastic it would be. cryptsy is all but done for now.

shapeshift/coinomi or otc will be the way to go for DASH until a decentralized exchange is built. shapeshift has hinted at revolutionary changes (decentralized exchange?) in the works so stay tuned.  
there is at least one or two smaller exchanges that has implemented instantx but i'm not sure if they are or are planning on being kyc compliant. probably depends on if they are US based or in countries with extradition treaties.

[smooth]

If XCoin had gone nowhere and not been turned into Darkcoin and now Dash with the incredible investment of time, energy and ingenuity Evan has demonstrated, YOU SIMPLY WOULDN'T BE HERE!!!

Is that supposed to be insightful or merely loud? Do you think people normally have conversions about dead coins where the thread is inactive and you get warning from the forum software about necrobumping it? Obviously people only discuss coins that are successful enough to remain active at least, not those that went nowhere. You're seem a bit unhinged.

Smooth....you're obviously intelligent and I believe you could do something similar to Evan. But why-oh-why are you so focused on this? Why do you spend so much time in this thread attempting to sabotage the good that's been done here?

I think you ought to read my post more carefully. I corrected a few errors about various things but there is nothing in there that is sabotaging good will, especially now that Evan has declared the instamine to be a feature.

If you think that goodwill and discussion of the instamine can't coexist, take it up with Evan because that doesn't seem to be his take on it these days.

[RenegadeMan]

Smooth....you're obviously intelligent and I believe you could do something similar to Evan. But why-oh-why are you so focused on this? Why do you spend so much time in this thread attempting to sabotage the good that's been done here?

I think you ought to read my post more carefully. I corrected a few errors about various things but there is nothing in there that is sabotaging good will, especially now that Evan has declared the instamine to be a feature.

If you think that goodwill and the instamine can't coexist, take it up with Evan because that doesn't seem to be his take on it these days.

My comment isn't just in relation to your previous post; it's based on the dozens/hundreds of posts you've made in this thread over a long period that, while not as extreme by comparison to the other three individuals I mentioned, are still often very negative and adversarial. The essence of what I (and the many others have previously pointed out) am getting at is that the amount of time you spend here is a slight on the use of that time for more productive purposes. Why are you so interested in taking an adversarial position with regards to Dash? How is that of benefit to you and (with the loss of that time) to the projects you're involved with?

What's in Dash, Evan and this community that has you so "appal-hooked" that you can't stop responding and reacting? I know that communities like this often get carried away and sometimes lose an ability for critical appraisal of what's going on. But there are enough people who're invested here who also have a healthy scepticism about what this project's about and how it's being run to balance out "fan boy" tendencies.

What is completely and utterly unhelpful to crypto as a whole is the trolling. IT IS PATHETIC IN THE EXTREME and does enormous damage to all of us, especially the projects that the trolls have an alignment to. And unfortunately, even though many of your posts are intelligent and relatively well written, you can't escape the "why are you here and not doing work on your own project?" dysfunction and damage to your reputation.

[illodin]

If XCoin had gone nowhere and not been turned into Darkcoin and now Dash with the incredible investment of time, energy and ingenuity Evan has demonstrated, YOU SIMPLY WOULDN'T BE HERE!!!

Is that supposed to be insightful or merely loud? Do you think people normally have conversions about dead coins where the thread is inactive and you get warning from the forum software about necrobumping it? Obviously people only discuss coins that are successful enough to remain active at least, not those that went nowhere. You're seem a bit unhinged.

Imo people should go more after serial scammers who start new coins (with usually an ICO or premine) hype it up for a while take the money and leave the coin to die. It's a disgrace how people like bobsurplus can run free while all the energy is spent on 50 40something BTC instamine 1.5 years ago.

[illodin]

PoW is a lousy way to distribute the coins to any number than at most 100-1,000 holders. But it is flawed to think that market crashes work to this end either. I don't believe that the dilemma of distributing coins has been adequately solved yet, and I do believe that it is an important task to consider if a coins actually aims for global markets, or even a dominant position in them.

Auroracoin tried to distribute equal amounts to each citizen of Island. Whether that was a success is debatable.

Maybe after the totalitarianism has reached a peak and every human is carrying a tracking ID we can simply send the same amount of coins to everyone in the world. But then when everyone has the same amount, no one has the incentive to work for increasing the value of one's holdings.