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

[tungfa]

How bigs the blockchain currently? Want to play around with this a bit but my hd is near full. Any light wallets like electrum but for dash?

blockchain is maybe 4-5 GB

electrum wallet:
https://www.dash.org/downloads/

[1714856974]

1714856974

[1714856974]

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[1714856974]

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[dihydrogenmonoxide]

How bigs the blockchain currently? Want to play around with this a bit but my hd is near full. Any light wallets like electrum but for dash?

blockchain is maybe 4-5 GB

electrum wallet:
https://www.dash.org/downloads/

Actually still < 1GB 

https://github.com/UdjinM6/dash-bootstrap

[tungfa]

flare to the rescue
 

[stan.distortion]

Looks like a good example of reverse slippage on cryptsy on bitcoinwisdoms charts, several hundred Dash bought yet a drop in price. That's those little trades in action, could be either painted to make a several hundered D sell look like buys or pushing the numbers down just a little each time so volume rebuilds slightly lower depending on how bitcoinwisdom lists activity for the period.

[toknormal]

Check this:

Rob Kirby- End Game Machinations Happening Now

Background: check out what an interest rate swap spread is. Basically he's saying that the fact that the US treasury interest rate swap spread went negative was an insight into the impending confidence collapse in the dollar. He says that that was further confirmed by the downgrading of the bank's credit ratings to bring the spreads positive again.

(i.e. it looks ridiculous if a bank is a better credit risk than the US treasury but that was the reality. The only way it could be 'covered up' was to downgrade the banks credit ratings to force the swap spread back to normal by making the banks look worse risks).

Sez that that is just one example of all the various tricks in play to cover up the rot that is about to blow up (another one being the paper gold manipulations).

Sez we've got 4-6 months if we're lucky.

Other takes on the negative spread phenomenon.

[qwizzie]

http://www.profitconfidential.com/u-s-dollar/u-s-dollar-collapse/

edit : looks to be an older article if you read the comments (comments from 8 months ago) but
the buying up of gold by central banks all over the world is telling here.

[stan.distortion]

Check this:

Rob Kirby- End Game Machinations Happening Now

Background: check out what an interest rate swap spread is. Basically he's saying that the fact that the US treasury interest rate swap spread went negative was an insight into the impending confidence collapse in the dollar. He says that that was further confirmed by the downgrading of the bank's credit ratings to bring the spreads positive again.

(i.e. it looks ridiculous if a bank is a better credit risk than the US treasury but that was the reality. The only way it could be 'covered up' was to downgrade the banks credit ratings to force the swap spread back to normal by making the banks look worse risks).

Sez that that is just one example of all the various tricks in play to cover up the rot that is about to blow up (another one being the paper gold manipulations).

Sez we've got 4-6 months if we're lucky.

Other takes on the negative spread phenomenon.

Talk about stating the obvious I started watching markets in about 2007 from a combination of 'know your enemy' and a fascination with the apparent patterns, how they where formed, what they meant, what could be predicted by them etc. and either I should be wrapped from head to toe in several layers of tinfoil or major markets are a battleground for all-out economic warfare and almost entirely disconnected from the real world value they're supposed to represent. The forces behind that where dominant in the 2008-2010 period but they've grown in strength by orders of magnitude since but who's who and what are their aims seems impossible to get a grip on as there's just as much smoke and mirrors on the charts as in the media. Anything that could be used as a foundation to measure the value of currencies from (ie. a gold standard equivalent) is completely disconnected, the one that really mystifies me there is oil but I'll probably kick myself for not seeing the obvious when that one plays out... or add another few layers of tinfoil

EDIT: I'd kind of agree with the guy on most of his points but he discredits himself with "the end is night" preaching as its too black and white, the underlying issues aren't black and white, there are good and bad aspects to all of them and it also seriously underestimates the level of control of the forces involved. Imo all the major boom-busts in recent history have been engineered but regardless of how they happened the result is the same, real world value, land, resources etc. has been swept up into the hands of a small few in exchange for fiat, 'value' produced from nothing and as long as a majority have faith in that artificial value the cycle can continue.

Something Dash-related to that, the biggest threat to that isn't gold, silver, oil or anything along those lines because the majority of those resources are in hands supportive to those printing the value, if/when the gold vaults are found to be empty the gold industry will be boosted to re-stock them. The real threat is one that's happened before and it was the greatest achievement in the history of economics, the turnaround from a completely failed economy to the strongest economy in the world in the space of about 5 years and for the most part done by backing money with labour. Bitcoin does something similar with rewards for proof of work but the budgeting system re-targets 10% of that into work done by people, something much easier to relate to than work done by machines. The trouble is the last time real work as value challenged value backed by faith there was a world war not long after, apparently that was unrelated but I have my doubts.

EDIT2: Nearly forgot, his comments on the FED being targeted ring true here but imho the FED is the sacrificial lamb for the IMF to come in and "save us all" from the catastrophe with BRICS as a perceived opponent in just the same manner as the us "democratic" system. If the mainstream media get behind an end the FED campaign its time to panic imho.

[aigeezer]

Technically, you could use quarters, dimes, nickel, pennies.  That is cash that can minted without debt.

I don't think that is true in the present era. Pocket change has had no precious metal content since the 1960s. A quarter is just a steel placeholder for something of value historically, meaning they dealt with the issue of minting change without generating debt by debasing the value-content of the change. It looked the same on the surface but it was "almost free" to manufacture, much like paper notes.

In Canada, where I live, pennies are no longer "cash money" by government edict because copper had become relatively valuable and the government could no longer afford to use copper for placeholders. Every one they minted generated a debt of a few cents so in this case they solved the mint-without-debt challenge by no longer minting it at all. The lowest unit of cash commerce here is now the nickel - inflation watchers can of course imagine where this precedent will lead.

A "nickel" obviously is made of nickel, right? Wrong. For trivia buffs, from Wiki:

"The Canadian five-cent coin, commonly called a nickel, is a coin worth five cents or one-twentieth of a Canadian dollar. It was patterned on the corresponding coin in the neighbouring United States. Starting 4 February 2013, after the elimination of the penny, it became the smallest valued coin in the currency.

The denomination (i.e., the Canadian five-cent piece) had been introduced in 1858 as a small, thin sterling silver coin, that was colloquially known as a "fish scale," not a nickel. The larger base metal version made of nickel, and called a "nickel," was introduced as a Canadian coin in 1922, originally as 99.9% nickel metal. These coins were magnetic, due to the high nickel content. Versions during World War II were minted in copper-zinc, then chrome and nickel-plated steel, and finally returned again to nickel, at the end of the war. A plated steel version was again made 1951–54 during the Korean War. Rising nickel prices eventually caused another switch to cupronickel in 1982 (an alloy similar to the U.S. nickel), but more recently, Canadian nickels are minted in nickel-plated steel, containing a small amount of copper."

DASH relevance? - the old dispute about what "really" has value - mere invisible bits and bytes in anonymous computers dependent on the Net or shiny government-issued dross? Any version can be spun to make it sound good or bad. Choose wisely then dump fiat!              ;-)

[Lebubar]

Evan Duffield announces DASH Evolution as a Social Market
+ Video  
http://www.newsbtc.com/2015/12/11/evan-duffield-explains-dash-evolution-social-market/



Dash Video Link
https://youtu.be/is0dN0JScqc

Super-cool video!!
Let's translate it to as many languages as possible! 

I'm working on the English transcript but my eyes are crossing as it's kinda long.  will hopefully have it in 6 or so hours, as I have to do some errands as well.  Hope that'll be good enough,  Hate to see the work duplicated.

Done!  Wow, if you haven't watched this yet, Evan is really growing as an interviewee, he was really great!  I really like Juan Galt, he's a smart young man

Don't miss this great interview. Was recorded during laBITconf.

[Farmgloria]

So what's going on with dash (or darkcoin as I remember it) now a days?

[spatula]

So is there a plan to try to move some volume to a different exchange?

[Riseman]

So what's going on with dash (or darkcoin as I remember it) now a days?

High tech, low price

[johnambush]

I think last MN payment is missing. Does someone else has same problem? Or MN payment time has been changed? Does someone knows something about it?

[Kienbui]

I think last MN payment is missing. Does someone else has same problem? Or MN payment time has been changed? Does someone knows something about it?

Yes, I also have that problem. My masternode is still not receive any payment in about 7 days.

[Jestah]

I think last MN payment is missing. Does someone else has same problem? Or MN payment time has been changed? Does someone knows something about it?

Yes, I also have that problem. My masternode is still not receive any payment in about 7 days.

I can confirm, it happened to me as well.  I have one going on 10 days now, right when the last payment was supposed to hit, my place in the queue reset.  The MN itself has been active for weeks.

All I can say is that sometimes it happens.

[qwizzie]

So what's going on with dash (or darkcoin as I remember it) now a days?

A lot :

We just had the Mexico Bitcoin Conference where Dash setup a booth and also joined on stage
and at the same time Dash Evolution was revealed there too

https://dashtalk.org/threads/announcing-dash-evolution-open-sourcing-highlights-from-the-conference.7243/

We will have on 21 & 22 januari 2016 the North America Bitcoin Conference, where Dash will be holding a presentation

"See you in Miami"
Credits to @alex-ru Productions:
Credits to tungfa




(picture has link to YouTube video)

Currently dev team is working on this light wallet / SPV wallet (focussing on making its simple and working for the Miami conference) :

I just forked DarkWallet and mocked up a client, what do you think?



It seems like it might be a great platform for connecting to DAPI. The code is really nice as well. If anyone looking at this is really good at javascript and wants to help, I see a role for you! Email me at evan@dash.org.

We're working on the prototype design... feel free to give input

https://docs.google.com/document/d/1xD0ACmiTEQ1KEMNC6FWrWi1Rh_ipmPMn8L3zvR11GA4/edit?usp=sharing

Plus this : https://dashtalk.org/threads/dash-electrum-release-v0-2-4-1.6497/

and this : https://dashtalk.org/threads/iphone-dashwallet-release.7123/page-2#post-75561

[Riseman]

C'mon people. Troll in your own respective threads

[Solarminer]

How bigs the blockchain currently? Want to play around with this a bit but my hd is near full. Any light wallets like electrum but for dash?

blockchain is maybe 4-5 GB

electrum wallet:
https://www.dash.org/downloads/

Actually still < 1GB 

Don't go by a bootstrap compressed file.  The blockchain and chainstate directories are 1.44GB when running under in windows.  Of course, if you add a 2million key wallet that bumps it up another 1.18GB, but a standard wallet is negligible in size.

[Solarminer]

Technically, you could use quarters, dimes, nickel, pennies.  That is cash that can minted without debt.

I don't think that is true in the present era. Pocket change has had no precious metal content since the 1960s. A quarter is just a steel placeholder for something of value historically, meaning they dealt with the issue of minting change without generating debt by debasing the value-content of the change. It looked the same on the surface but it was "almost free" to manufacture, much like paper notes.

In Canada, where I live, pennies are no longer "cash money" by government edict because copper had become relatively valuable and the government could no longer afford to use copper for placeholders. Every one they minted generated a debt of a few cents so in this case they solved the mint-without-debt challenge by no longer minting it at all. The lowest unit of cash commerce here is now the nickel - inflation watchers can of course imagine where this precedent will lead.

DASH relevance? - the old dispute about what "really" has value - mere invisible bits and bytes in anonymous computers dependent on the Net or shiny government-issued dross? Any version can be spun to make it sound good or bad. Choose wisely then dump fiat!              ;-)

Don't confuse fiat with precious metals.  Current US made currency is fiat - value is based on what the US says it is worth in dollars.  Sure 2 generations ago silver dollars used to be worth $1 in fiat and in silver content.  But for the point I am making coins are created by the US mint without a debt obligation to the fed.  Dollar bills are federal reserve notes that are loaned to the US gov't and so are debt.  Still both are "worth" nothing in tangible assets, but one is a debt of something with no worth and one is a credit.  Pooof....

US changed pennies from copper to zinc in 1982.  It looks like it still costs more to mint(1.67 cents) than they are worth.  You can cut our new pennies in half with a quality pair of scissors.  Looks like we maybe loosing our penny soon too.

Good thing Dash can replace all this inflexible valued fiat.

[aigeezer]

But for the point I am making coins are created by the US mint without a debt obligation to the fed. 

Ah - I missed that part. Got it now. Thanks!