toknormal
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November 20, 2015, 10:14:36 AM
Last edit: November 20, 2015, 10:28:41 AM by toknormal |
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I have no clue why the (Monero) community and market cap seems so small. Because it's a hand waving trainspotting exercise and not an adoption-oriented technology one. Try using it. (see 3 posts before this one for what a project that IS adoption oriented looks like). By the way. A favourite 'straw man' in use by XMR bloat-holders is that the criticisms of obscure blockchains revolve around the ability to 'mess' with the coin supply. They are not. The first problem with obscure blockchains is to do with engendering confidence and integrity of the entire monetary ecosystem. Crypto's are attempting to be 'unbacked money'. That's a tall order. So if there's no worldwide, transparent, societally endorsed consensus over blockchain movements then you have a recipe for disaster - a confidence bomb just waiting to implode. All it takes is one dodgy wallet and a lot of rumour, then nobody knows what the f*ck's going on on that blockchain and everybody dumps "just in case". How do you think bitcoin survived all its various hammerings and media shitstorms over the Mt Gox debacle, the malleability scaremongering, and the rest ? Because throughought everything there were 10's of thousands of people every day scrutinising this type of publicly endorsed information, verifying their wallet balances from two or three sources, checking the progress of confirmations, squaring off balances between addresses and so on. Say what you like about privacy, but if you don't have at least that level of verifiable transparency in an unbacked monetary system, you don't have squat. The second problem with so called 'obscured blockchains' is that they conflict with traditional age-old distinction between cash and credit. These are two well understood, forms of exchange who's priorities and properties are almost mutually exlusive. Cash is fungible, anonymous and public (i.e. it's out in the open' not managed behind closed doors by a trusted third party) Credit is not fungible , not anonymous and therefore needs to be kept private (managed behind closed doors by a trusted third party) Crypto is a peer-to-peer monetary medium. It therefore needs to adopt the cash model, not the credit one and so the anonymous, publicy accountable blockchain applies. In that context, confidence and value are maximised by supporting the levels of transparency that bitcoin has, and transaction privacy derives from the inability of observers to make much of a distinction between the coins at one address and those at another. See here for more info. (And here). |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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illodin
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November 20, 2015, 10:20:35 AM |
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I don't use nor care about Apple's products, but judging from the swift reactions to attempt to denigrate the release I get the suspicion this might be a significant event. So congratulations, team! |
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othe
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November 20, 2015, 10:23:14 AM |
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No there are no credits in the "press releases" http://web.archive.org/web/20151120102010/https://www.dashpay.io/news/iphone-dashwallet-release/Do you think we can´t read? And it wasn´t in the forum either, fernando cleverly edited it in: "fernando, Today at 3:55 AM" I don't use nor care about Apple's products, but judging from the swift reactions to attempt to denigrate the release I get the suspicion this might be a significant event. So congratulations, team! Nah it´s rejected by Apple, they allow only Bitcoin. Vertcoin ios wallet was also rejected 2014, so was the Monero wallet (google accepted it tho). |
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MasterMined710
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November 20, 2015, 10:42:20 AM |
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Is this coin absolutely and fully anonymous ? which one is best ? Monero or Dash ? what are the advantages and disadvantages of each one ?
As far as I can tell, DASH has less anonymity than Monero because DASH mixes in masternodes.
if nobody can deanonymize DASH what difference does it make? that's like entering a tank in a NASCAR race and thinking it's going to win because the tank is more resistant to crashes. the trade off is a non legacy compliant unscalable already bloated blockchain, the little extra anon (pre evolution) is not worth the huge trade off. plus the lack of any real anonymity has not hurt bitcoin's market-cap as of yet. As long as the mixing isn't decentralized at protocol level (as promised), this will be the case.
by that strict interpretation aren't all cryptocoins centralized? if dash was centralized one person could deanonymize dash or push a button and shut it down, that's not the case. On the other hand, DASH offers way more than only anonymity and has at the moment a better exposure.
So I decided to invest in both and watch it play out for the moment.
the market agrees. i expect monero to keep getting pushed down until a year from now it will be lucky to be in the top 20. if a solid zerocash implementation is released then it's lights out for monero/cryptonote. just ask fluffypony, he'll tell you that and he is fully expecting it happen at some point.  monero just has too many issues and is way to risky for me to invest in. i just picked up two new masternodes and did not even consider monero, ethereum looks pretty interesting though so i may diversify a bit into that. |
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Walter_S
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November 20, 2015, 10:50:43 AM |
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"The Dash team is pleased to announce the release of an iPhone wallet for Dash based on the popular Breadwallet for Bitcoin"... Not sure how much clearer you want us to make it... Walter
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othe
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November 20, 2015, 11:10:43 AM |
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"The Dash team is pleased to announce the release of an iPhone wallet for Dash based on the popular Breadwallet for Bitcoin"... Not sure how much clearer you want us to make it... Walter It wasn´t there, so stop lying, it has been edited by fernando (fernando, Today at 3:55 AM ). You thought no one will notice it, but i did, because i used breadwallet before. |
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MasterMined710
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November 20, 2015, 11:14:37 AM |
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7) There is no centralized point of failure, unlike in DASH.
and what is the centralized point of failure in DASH? surly you are not talking about the decentralized masternode network. |
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othe
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November 20, 2015, 11:21:13 AM |
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Is this coin absolutely and fully anonymous ? which one is best ? Monero or Dash ? what are the advantages and disadvantages of each one ?
As far as I can tell, DASH has less anonymity than Monero because DASH mixes in masternodes.
if nobody can deanonymize DASH what difference does it make? that's like entering a tank in a NASCAR race and thinking it's going to win because the tank is more resistant to crashes. the trade off is a non legacy compliant unscalable already bloated blockchain, the little extra anon (pre evolution) is not worth the huge trade off. plus the lack of any real anonymity has not hurt bitcoin's market-cap as of yet. As long as the mixing isn't decentralized at protocol level (as promised), this will be the case.
by that strict interpretation aren't all cryptocoins centralized? if dash was centralized one person could deanonymize dash or push a button and shut it down, that's not the case. On the other hand, DASH offers way more than only anonymity and has at the moment a better exposure.
So I decided to invest in both and watch it play out for the moment.
the market agrees. i expect monero to keep getting pushed down until a year from now it will be lucky to be in the top 20. if a solid zerocash implementation is released then it's lights out for monero/cryptonote. just ask fluffypony, he'll tell you that and he is fully expecting it happen at some point. monero just has too many issues and is way to risky for me to invest in. i just picked up two new masternodes and did not even consider monero, ethereum looks pretty interesting though so i may diversify a bit into that. Mastermined is spreading lies again with out of context screenshots, nice job, i hope the other dashers are proud to have someone like you, clearly shows what the dash community is about. You think you are good at twisting words, but you are just a miserably little lying scumbag. Oh so great to even use a 241 day old discussion you started with spreading shit on reddit, you sir are a true internet hero and the more you speak the more shady looks all this dash stuff, so let´s speak a bit more here :-) Here´s the full text, everyone can read it themselves here: https://m.reddit.com/r/Bitcoin/comments/301r4e/crypto_primitive_shorter_than_current_monero_ring/"if a solid zerocash implementation is released then it's lights out for monero/cryptonote. just ask fluffypony, he'll tell you that and he is fully expecting it happen at some point. " - in fact he said the opposite. 
Here are some more lies from your fellow community member the MasterMined710 Scammer....
lastly, monero was launched about 3 months after DASH yet it already has almost twice the amount of coins mined. seems like a highly inflationary ongoing instamine that gives an unfair advantage to those early miners.
my conclusion, there has never been a coin with a perfect launch including bitcoin.
There's perfect, there's scam, and everything in between. Monero is a helluva lot closer to perfect than DASH/Darkcoin/Xcoin could every hope to be. You can look on the block explorer and see the amount of coins emitted at any block. For instance, by block 20000 ( http://moneroblocks.eu/search/20000 ), mined on May 1st, the total number of emitted coins was about 350k or about 3.5% of the total coins that exist today. So, 3.5% of the coins that exist were mined during the period of the crippled miner when a few folks (such as DGA, who is not a member of the development team) were mining with optimized miners. Around May 1st the optimized miner was made public by NoodleDoodle and other members of the actual dev-team that took over the coin from TFT. Compare that with DASH, where around 1/3 of the coins that exist today were mined in the first 48 hours or so, and I think it's pretty plain to see which coin had the more fair launch. (This is not to mention the fact that there was zero windows clients and a promise to relaunch made by the Xcoin developer, while hundreds of AWS and DO nodes mined away). 33% of available coins mined in 2 days, or 3% of available coins mined in a few weeks - I don't think it's much of a comparison. (This is also not to mention the fact that DASH/Darkcoin/Xcoin switched to a quasi-PoS system after their botched launch, allowing large holders to just sit on their coins and grow them, which is obviously not the case for Monero, which is pure PoW, where owning a chunk of coin doesn't allow one to do anything but dump it on an exchange.) Top post jwinterm. Facts, not FUD. Thank you for digging this post up. Mastermined can now come back and try to spin things to death about the "scam" that has happened with Monero when clearly Dash is no saint and in fact likely is the equivalent of the devil's favorite demon coin with shady launches, broken PoW algorithm, rebranding to distance itself from its shady past, and the addition of quasi-PoS system etc.. Why you all compare monero to dash? This tread is about monero scam. Because this thread is done by the dashtarded scam army who have exposed multiple times of scamming and lying here, for example: Vitalik just posted in /r/ethereum -- Guess who's now in the firing line now for being low tech'   (Thats what you get for calling Monero a 'real premine sacm').   Never mind. It's all in a good cause (we hope). Mudpies on stun and chickenwire at the ready. Hey fucktard, why don´t you show the world the whole discussion? Because it doesn´t fit your fucktarded dash scam propaganda?  Or what about this one?  Dashtards, even too stupid to lie; unbelieveable.... Eat shit scumbags.
7) There is no centralized point of failure, unlike in DASH.
and what is the centralized point of failure in DASH? surly you are not talking about the decentralized masternode network. Evan Duffield. https://en.wikipedia.org/wiki/Bus_factor |
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BrainShutdown
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November 20, 2015, 11:40:38 AM |
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So there's only one dev in this project...  Tell us more... |
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fernando
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November 20, 2015, 11:43:18 AM |
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"The Dash team is pleased to announce the release of an iPhone wallet for Dash based on the popular Breadwallet for Bitcoin"... Not sure how much clearer you want us to make it... Walter It wasn´t there, so stop lying, it has been edited by fernando (fernando, Today at 3:55 AM ). You thought no one will notice it, but i did, because i used breadwallet before. No I haven't, it is you who is lying or you wrote too fast after barely reading the announcement. That time you post as proof is the time when I posted it to the forum. And it was also in the web post done a few hours ago by Phillip, which I used as a base for the announcement: https://www.dashpay.io/news/iphone-dashwallet-release/Anyway, I don't know why I bother to answer, you already have created a full conspiracy in your head  Edit: I introduced a 'who' ('it is you who is lying' instead of 'it is you is lying') |
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Walter_S
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November 20, 2015, 11:52:05 AM |
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"The Dash team is pleased to announce the release of an iPhone wallet for Dash based on the popular Breadwallet for Bitcoin"... Not sure how much clearer you want us to make it... Walter It wasn´t there, so stop lying, it has been edited by fernando (fernando, Today at 3:55 AM ). You thought no one will notice it, but i did, because i used breadwallet before. Don't be such a pussy... It's quite clear in the announcement that this is a fork of breadwallet, even so, unless you've been living under a rock for the last few months there's a thread over on dashtalk.org that is very clear about how this app was developed (not that it matters): https://dashtalk.org/threads/dash-iphone-wallet.6079/QUOTE Discussion in 'Projects' started by QuantumExplorer, Sep 4, 2015. "When I set out to create the iPhone wallet a few months ago I originally was thinking to start from scratch. However doing so would have probably taken over a year for me to complete. Hence the wallet being released is a fork of the Breadwallet app. I would like to thank Aaron Voisine, creator of Breadwallet, as his work made this release possible." /QUOTE It's also been mentioned on this forum in open discussion. Not sure what your point is..? Enjoy the app! :  Walter |
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othe
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November 20, 2015, 11:53:28 AM |
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No I haven't, it is you who is lying or you wrote too fast after barely reading the announcement. That time you post as proof is the time when I posted it to the forum. And it was also in the web post done a few hours ago by Phillip, which I used as a base for the announcement: https://www.dashpay.io/news/iphone-dashwallet-release/You are correct, it is at the press release. Clearly an error from my side. apologies. |
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Lukas_Jackson
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November 20, 2015, 12:10:12 PM |
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@othe, man control yourself next time dnaleors everywhere |
It is easier to be an aggressive victim than to be a free man.
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MasterMined710
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November 20, 2015, 12:10:25 PM |
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emotional wall of spam snipped.....
You think you are good at twisting words, but you are just a miserably little lying scumbag.
Hey fucktard,
it doesn´t fit your fucktarded dash scam propaganda?
Dashtards, even too stupid to lie; unbelieveable....
Eat shit scumbags.
lol, you mad bro. gotta love the monero community outreach representatives. |
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othe
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November 20, 2015, 12:12:48 PM |
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emotional wall of spam snipped.....
You think you are good at twisting words, but you are just a miserably little lying scumbag.
Hey fucktard,
it doesn´t fit your fucktarded dash scam propaganda?
Dashtards, even too stupid to lie; unbelieveable....
Eat shit scumbags.
lol, you mad bro. gotta love the monero community outreach representatives. Yes, i hate lying scumbags like you faking shit. I bet others here too. |
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Lukas_Jackson
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November 20, 2015, 12:17:56 PM |
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Haha Next time go with dnaleor on Dash conference please |
It is easier to be an aggressive victim than to be a free man.
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othe
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November 20, 2015, 12:20:40 PM |
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Thats a very mature response after numours lies of mastermined have been exposed here, but i didn´t expect more.
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Lukas_Jackson
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November 20, 2015, 12:21:42 PM |
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What a gem
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It is easier to be an aggressive victim than to be a free man.
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DARKHOLDER
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November 20, 2015, 01:07:03 PM |
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Yes there on cryptsy is problems with withdravals to all people, I m happy -couple weeks ago go out of there...  |
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