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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 7766014 times)
toknormal
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December 13, 2015, 11:31:54 PM


Deutche bank have just produced this document which is chock full of meaty stuff for Dash people including major vindication that this project being driven smack squarely on target from the point of view of monetary priorities. Instant payments, payment clearing systems, the potential for an electronic form of cash (which doesn't yet exist according to most of their definitions) grabbing large parts of the paper & coin cash economy - you name it, it's all here.

It's vindication for Dash's approach because it further crystallises the divergence and consolidation of the cash vs credit paradigms for electronic platforms as I've been alluding to here, here and here for example.

The meatiness of this document knows no bounds in the context of Dash's current roadmap IMO - I've tried to highlight a few of the best bits but I could have just lifted any chunk out at random. I urge people to read it through from start to finish. In particular it drives a wedge between Dash and bitcoin in monetary definition terms.

I've often thought that the people developing bitcoin's "scaffolding" (sidechains, payment channels), while being very clever programmers, are almost clueless as to what they're doing to bitcoin financially (for better or worse). They're wandering unconsciously into territory of which they appear to have very little understanding but which at the same time is becoming increasingly well defined by others that do, in a way that's going to leave bitcoin "boxed out" of the dominion that satoshi originally targeted: realtime, peer-to-peer payments.

As Coindesk puts it:



For example, note:

"instant” (also “immediate”, real-time”) means less than one minute, ideally only a few seconds"

and

"The ECB explicitly defines a real-time payment as a fund transfer whereby the funds are
immediately credited to the payee’s account."


Although this isn't necessarily an attack on bitcoin's potential for dominance, it's clear that it will not qualify as a realtime, instant payments network under the ECB's definition - in particular if it starts using payment channels as the predominant merchant facing technology layer because then bitcoin has just re-invented the wheel that already drives the current merchant clearing system.

If we translate the specifications in this document onto a cryptocurrency then what's needed is a natively instant blockchain confirmation mechanism that is also as natively scaleable as possible without recourse to payment channel meta layers. Add to that a fungible, fully transparent blockchain and you've got an incredibly tight compliance with both historical definitions of cash as well as emerging formulations for defining it on an electronic platform such as the ECB are busy producing now.

Here's the whole doc: http://www.scribd.com/doc/292980742/Instant-Revolution-of-Payments

Enjoy ! (and don't be put off by the fact that they cite Ripple as 'instant' - it's a bank remember  Wink )

Highlights:










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December 13, 2015, 11:46:01 PM



Bitcoin Wednesday exclusive interview with Evan Duffield


http://www.bitcoinwednesday.com/exclusive-interview-with-evan-duffield/

When you mix cash with digital payments, you get DASH!
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December 14, 2015, 12:10:22 AM

"Excerpts from this interview were screened in their world premiere in the cinema of the Melkweg concert hall during The 2nd Annual Bitcoin Film Festival."

They were?  Really?  Why weren't we told?

Another proud lifetime Dash Foundation member Smiley My TanteStefana account was hacked, Beware trading
"You'll never reach your destination if you stop to throw stones at every dog that barks."
Sir Winston Churchill  BTC: 12pu5nMDPEyUGu3HTbnUB5zY5RG65EQE5d
MasterMined710
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December 14, 2015, 12:13:55 AM

Buckle up boys, the DASH train is getting ready to depart.  Grin
All Aboard! Tongue

DASH = Digital Cash         FAQ          DASHTALK
Minotaur26
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December 14, 2015, 12:17:54 AM

"Excerpts from this interview were screened in their world premiere in the cinema of the Melkweg concert hall during The 2nd Annual Bitcoin Film Festival."

They were?  Really?  Why weren't we told?

This content belongs to Bitcoin Wednesday, they used it at the festival in Amsterdam and are releasing it now.
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December 14, 2015, 12:21:44 AM

Bitcoin Wednesday exclusive interview with Evan Duffield


http://www.bitcoinwednesday.com/exclusive-interview-with-evan-duffield/

thanks for the link

53 min  Wink Grin Shocked - i guess i have to watch it later. - do i need some popcorns?

tip me! Tongue XtSrWch1U3BsTBFBHj7acTTzxFo1fy5BMa
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December 14, 2015, 12:26:19 AM

Buckle up boys, the DASH train is getting ready to depart.  Grin
All Aboard! Tongue

Doubtful.  Looks like someone is accumulating though.

I have my buys set around .0058 - .006.

We just touched 100 on fib lines (on my charts).  It will drop back down soon.


Might be a good idea to set some buys around .0057 too...keeping a keen eye on this.


Edit:  Looking overbought.  Tread carefully.

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TanteStefana2
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December 14, 2015, 12:36:03 AM

"Excerpts from this interview were screened in their world premiere in the cinema of the Melkweg concert hall during The 2nd Annual Bitcoin Film Festival."

They were?  Really?  Why weren't we told?

This content belongs to Bitcoin Wednesday, they used it at the festival in Amsterdam and are releasing it now.
That's clear, no problem, but wasn't the Film Festival a while back?  Nobody saw, nobody told us?  Our spy network is definitely slacking!

Well at least Bitcoin Rush let us know what's up Smiley  Thanks Bitcoin Rush!

Another proud lifetime Dash Foundation member Smiley My TanteStefana account was hacked, Beware trading
"You'll never reach your destination if you stop to throw stones at every dog that barks."
Sir Winston Churchill  BTC: 12pu5nMDPEyUGu3HTbnUB5zY5RG65EQE5d
Minotaur26
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December 14, 2015, 12:42:42 AM

"Excerpts from this interview were screened in their world premiere in the cinema of the Melkweg concert hall during The 2nd Annual Bitcoin Film Festival."

They were?  Really?  Why weren't we told?

This content belongs to Bitcoin Wednesday, they used it at the festival in Amsterdam and are releasing it now.
That's clear, no problem, but wasn't the Film Festival a while back?  Nobody saw, nobody told us?  Our spy network is definitely slacking!

Well at least Bitcoin Rush let us know what's up Smiley  Thanks Bitcoin Rush!

We have been waiting for this for a long time, it finally got released today.  Smiley
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December 14, 2015, 01:31:01 AM

Bitcoin Wednesday exclusive Video interview with Evan Duffield

http://www.bitcoinwednesday.com/exclusive-interview-with-evan-duffield/


Support the Arts .....>
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December 14, 2015, 02:08:32 AM


'You may say I'm a dreamer, but I'm not the only one. I hope someday you'll join us. And the crypto world will live as one.'

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December 14, 2015, 02:36:55 AM



Node40.com is a leader in DASH hosting, dedicated exclusively to fully managed masternode hosting. Professional, organized, and responsive. I have many dozens of nodes with them.    
BTC = $c²     BTC = 1otohotohMoQoxHuxLBveQiZcV3Pji3Tc      DASH, Digital Cash = www.dash.org   
   CHARITY | MY REP | DICE
DrkLvr_
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December 14, 2015, 02:45:32 AM




Look at manipulating Otoh desperately trying to pump the shitcoin social experiment token he's bagholding

ur such a loser

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December 14, 2015, 03:05:11 AM


Node40.com is a leader in DASH hosting, dedicated exclusively to fully managed masternode hosting. Professional, organized, and responsive. I have many dozens of nodes with them.    
BTC = $c²     BTC = 1otohotohMoQoxHuxLBveQiZcV3Pji3Tc      DASH, Digital Cash = www.dash.org   
   CHARITY | MY REP | DICE
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December 14, 2015, 03:07:48 AM


Node40.com is a leader in DASH hosting, dedicated exclusively to fully managed masternode hosting. Professional, organized, and responsive. I have many dozens of nodes with them.    
BTC = $c²     BTC = 1otohotohMoQoxHuxLBveQiZcV3Pji3Tc      DASH, Digital Cash = www.dash.org   
   CHARITY | MY REP | DICE
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December 14, 2015, 03:12:17 AM






Solarminer
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December 14, 2015, 03:18:16 AM


It's a meme off.  My bets are on Otoh winning this one!

Join a lively chat style discussion on the CoinChat.Club Slack https://CoinChat.Club/
MasterMined710
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December 14, 2015, 03:27:52 AM



Bitcoin Wednesday exclusive interview with Evan Duffield


http://www.bitcoinwednesday.com/exclusive-interview-with-evan-duffield/

Bitcoin Wednesday exclusive Video interview with Evan Duffield

http://www.bitcoinwednesday.com/exclusive-interview-with-evan-duffield/



thanks guys, best in-depth video yet. exciting times!

DASH = Digital Cash         FAQ          DASHTALK
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December 14, 2015, 03:41:15 AM

So, whats going on with DASH lately, from one of the strongest, most innovative coins down to today's stagnant price. Is there more development in the works? Something interesting on the horizon perhaps?

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December 14, 2015, 03:54:09 AM

So, whats going on with DASH lately, from one of the strongest, most innovative coins down to today's stagnant price. Is there more development in the works? Something interesting on the horizon perhaps?

DASH price already rises to almost 3 usd, i dont get what are you trying to say ?

"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...",  satoshi@vistomail.com
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