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

[TaoOfSaatoshi]

Hey, don't worry, I like that it's raw, straight from your mind type of deal. I'll leave it as is, unless you're specifically asking me to change it...  

Ok. They're your readers so I'll let you be editor as you see fit.

The Dash thread can have the 'polite' version 

Keep the thoughts coming man, you are brilliant, and the space needs to hear it, not just our thread, as much as we'd like to keep you to ourselves. 

[Solarminer]

This forces bitcoin out of the point of sale market.  It is just not possible to sell a coffee for a $0.25 transaction fee and require a 10+ minute wait until a confirmation.  Adding more layers to gain speed just makes that fee higher.  You need to pay the highest fee to get confirmation in 1 block.  Adding more users again adds to the fee, or even more users at the same time(lunchtime). 

Dash with InstantX is perfect for point of sale.  Fast, private, secure, free, done.  I see this as the future. 

See what you can do with a PI, 3.5" touchscreen, and a bunch of command line graphic design - yep a $69 payment terminal the size of a deck of cards that can store the blockchain and confirm InstantX transactions.

Very nice! Looks slick. You guys are keeping me busy...

https://twitter.com/taoofsatoshi/status/679819159249764352

I am famous...Whoohooo!

Also working on getting a nice background with Raptor's help.  This is just a smaller part of an even bigger project....more to be divulged soon.

[someredguy]

This forces bitcoin out of the point of sale market.  It is just not possible to sell a coffee for a $0.25 transaction fee and require a 10+ minute wait until a confirmation.  Adding more layers to gain speed just makes that fee higher.  You need to pay the highest fee to get confirmation in 1 block.  Adding more users again adds to the fee, or even more users at the same time(lunchtime). 

Dash with InstantX is perfect for point of sale.  Fast, private, secure, free, done.  I see this as the future. 

See what you can do with a PI, 3.5" touchscreen, and a bunch of command line graphic design - yep a $69 payment terminal the size of a deck of cards that can store the blockchain and confirm InstantX transactions.

Very nice! Looks slick. You guys are keeping me busy...

https://twitter.com/taoofsatoshi/status/679819159249764352

I am famous...Whoohooo!

Also working on getting a nice background with Raptor's help.  This is just a smaller part of an even bigger project....more to be divulged soon.

Let us know when you want some "testers". I have a pi and a pi2 just collecting dust at the moment. I don't have a cool display/touchscreen... yet. Where did you get the touchscreen? I may have to get one... Also, were you planning on getting a camera, too?

[Otoh]

DashTV - The easy way to keep an eye on your investment

pic

>> Read more on Dashtalk

Very nice! TY!



http://dash-news.de/dashtv/?value=428261

Status: 1/unconfirmed, broadcast through 8 nodes
Date: 24/12/2015 01:41
To: pille Xnu9vcCAZYNozX7ypFt2rLi3TFnbTUMX3Q
Debit: -40.00000000 DASH
Transaction fee: -0.00100000 DASH
Net amount: -40.00100000 DASH
Transaction ID: 70d2485b384fb0e2a43e91f369966ab2f25b1971f5c03480defcf0b24cf61567-000

[TaoOfSaatoshi]

DashTV - The easy way to keep an eye on your investment

pic

>> Read more on Dashtalk

Very nice! TY!

Status: 1/unconfirmed, broadcast through 8 nodes

Come on, OTOH, you didn't InstantX it?   

[Otoh]

Ah yes, I should have, TBH it's so rare that I do transactions under 100 DASH to others that I forget about being able to use it, looking forward to when there's a higher limit - or none for InstantXing.

[TaoOfSaatoshi]

Ah yes, I should have, TBH it's so rare that I do transactions under 100 DASH to others that I forget about being able to use it, looking forward to when there's a higher limit - or none for InstantXing.

There's a 100 DASH limit to InstantX? I missed that one... I thought it was 1000.

[stan.distortion]

This forces bitcoin out of the point of sale market.  It is just not possible to sell a coffee for a $0.25 transaction fee and require a 10+ minute wait until a confirmation.  Adding more layers to gain speed just makes that fee higher.  You need to pay the highest fee to get confirmation in 1 block.  Adding more users again adds to the fee, or even more users at the same time(lunchtime). 

Dash with InstantX is perfect for point of sale.  Fast, private, secure, free, done.  I see this as the future. 

See what you can do with a PI, 3.5" touchscreen, and a bunch of command line graphic design - yep a $69 payment terminal the size of a deck of cards that can store the blockchain and confirm InstantX transactions.

Very nice! Looks slick. You guys are keeping me busy...

https://twitter.com/taoofsatoshi/status/679819159249764352

I am famous...Whoohooo!

Also working on getting a nice background with Raptor's help.  This is just a smaller part of an even bigger project....more to be divulged soon.

Looks damn good so far

[Otoh]

Ah yes, I should have, TBH it's so rare that I do transactions under 100 DASH to others that I forget about being able to use it, looking forward to when there's a higher limit - or none for InstantXing.

There's a 100 DASH limit to InstantX? I missed that one... I thought it was 1000.

Ah, maybe it's 1,000 DASH, not sure, I just tried 199 DASH and it InstantXed np, so either I forgot the limit or my info is out of date.

Edit: & just reread your post, yep it's 1,000 limit & I don't do too many transfers under that to others for quite a while, sorry I forgot what it was.

[TaoOfSaatoshi]

Ah yes, I should have, TBH it's so rare that I do transactions under 100 DASH to others that I forget about being able to use it, looking forward to when there's a higher limit - or none for InstantXing.

There's a 100 DASH limit to InstantX? I missed that one... I thought it was 1000.

Ah, maybe it's 1,000 DASH, not sure, I just tried 199 DASH and it InstantXed np, so either I forgot the limit or my info is out of date.

Ah, great. Unlimited InstantX would be a better sell, though, you're right.

[Otoh]

Ah yes, I should have, TBH it's so rare that I do transactions under 100 DASH to others that I forget about being able to use it, looking forward to when there's a higher limit - or none for InstantXing.

There's a 100 DASH limit to InstantX? I missed that one... I thought it was 1000.

Ah, maybe it's 1,000 DASH, not sure, I just tried 199 DASH and it InstantXed np, so either I forgot the limit or my info is out of date.

Ah, great. Unlimited InstantX would be a better sell, though, you're right.

I forgot just how awesome that feature is:

Status: 7 confirmations (verified via instantx), broadcast through 10 nodes
Date: 24/12/2015 02:06
Total debit: -429.59972194 DASH
Total credit: 429.59972194 DASH
Transaction fee: -0.01000000 DASH
Net amount: -0.01000000 DASH
Transaction ID: 5683f9d5a00de6a77aad3a89ea01547a969f176c996bde97eecc309770b5b514-000

[tungfa]

I'm reading this thread and a whole lot of lightbulbs are going of in my head.

That thread is fascinating because it's bringing the stark contrast in priorities between adopters and designers to light.

I've just realised that the 0-conf "sector" is a distinct market. In commercial terms there's a discontinuity between the "0-conf" currency market and the 1+conf market and the pro "RBF"ers are not getting this. This is something I never really thought about before because I generally saw things the way Peter Todd does - i.e. that a 1+ confirmation is just a bit further up the "wedge" of security but the product's the same. The adopters, however, do not seem to agree. They see it as distinct.

Having read that thread I just see things completely differently now. InstantX suddenly makes a whole lot of sense because it independently addresses the concerns of that distinct market while at the same time retaining the "security product" that's being sold (mining confirmations).

This forces bitcoin out of the point of sale market.  It is just not possible to sell a coffee for a $0.25 transaction fee and require a 10+ minute wait until a confirmation.  Adding more layers to gain speed just makes that fee higher.  You need to pay the highest fee to get confirmation in 1 block.  Adding more users again adds to the fee, or even more users at the same time(lunchtime). 

Dash with InstantX is perfect for point of sale.  Fast, private, secure, free, done.  I see this as the future. 

See what you can do with a PI, 3.5" touchscreen, and a bunch of command line graphic design - yep a $69 payment terminal the size of a deck of cards that can store the blockchain and confirm InstantX transactions.

HoHooooo NICE
tipped and posted around !
 

[eduffield]

Ah yes, I should have, TBH it's so rare that I do transactions under 100 DASH to others that I forget about being able to use it, looking forward to when there's a higher limit - or none for InstantXing.

There's a 100 DASH limit to InstantX? I missed that one... I thought it was 1000.

Ah, maybe it's 1,000 DASH, not sure, I just tried 199 DASH and it InstantXed np, so either I forgot the limit or my info is out of date.

Ah, great. Unlimited InstantX would be a better sell, though, you're right.

InstantX is now limited to 10000 DASH. The setting is just a spork  

[TaoOfSaatoshi]

Ah yes, I should have, TBH it's so rare that I do transactions under 100 DASH to others that I forget about being able to use it, looking forward to when there's a higher limit - or none for InstantXing.

There's a 100 DASH limit to InstantX? I missed that one... I thought it was 1000.

Ah, maybe it's 1,000 DASH, not sure, I just tried 199 DASH and it InstantXed np, so either I forgot the limit or my info is out of date.

Ah, great. Unlimited InstantX would be a better sell, though, you're right.

InstantX is now limited to 10000 DASH. The setting is just a spork  

25,000 USD? Cool, now you can buy a car for Dash, and just drive away!

[Solarminer]

I'm reading this thread and a whole lot of lightbulbs are going of in my head.

That thread is fascinating because it's bringing the stark contrast in priorities between adopters and designers to light.

I've just realised that the 0-conf "sector" is a distinct market. In commercial terms there's a discontinuity between the "0-conf" currency market and the 1+conf market and the pro "RBF"ers are not getting this. This is something I never really thought about before because I generally saw things the way Peter Todd does - i.e. that a 1+ confirmation is just a bit further up the "wedge" of security but the product's the same. The adopters, however, do not seem to agree. They see it as distinct.

Having read that thread I just see things completely differently now. InstantX suddenly makes a whole lot of sense because it independently addresses the concerns of that distinct market while at the same time retaining the "security product" that's being sold (mining confirmations).

This forces bitcoin out of the point of sale market.  It is just not possible to sell a coffee for a $0.25 transaction fee and require a 10+ minute wait until a confirmation.  Adding more layers to gain speed just makes that fee higher.  You need to pay the highest fee to get confirmation in 1 block.  Adding more users again adds to the fee, or even more users at the same time(lunchtime). 

Dash with InstantX is perfect for point of sale.  Fast, private, secure, free, done.  I see this as the future. 

See what you can do with a PI, 3.5" touchscreen, and a bunch of command line graphic design - yep a $69 payment terminal the size of a deck of cards that can store the blockchain and confirm InstantX transactions.

HoHooooo NICE
tipped and posted around !
 

Whew, I was a little worried I put a testnet address on there...LOL...Received and all good.  Thanks.

[Solarminer]

Ah yes, I should have, TBH it's so rare that I do transactions under 100 DASH to others that I forget about being able to use it, looking forward to when there's a higher limit - or none for InstantXing.

There's a 100 DASH limit to InstantX? I missed that one... I thought it was 1000.

Ah, maybe it's 1,000 DASH, not sure, I just tried 199 DASH and it InstantXed np, so either I forgot the limit or my info is out of date.

Ah, great. Unlimited InstantX would be a better sell, though, you're right.

InstantX is now limited to 10000 DASH. The setting is just a spork  

25,000 USD? Cool, now you can buy a car for Dash, and just drive away!

I was just thinking that.  Can't wait for the "Dash and Dash" dealers to open up.

[Solarminer]

This forces bitcoin out of the point of sale market.  It is just not possible to sell a coffee for a $0.25 transaction fee and require a 10+ minute wait until a confirmation.  Adding more layers to gain speed just makes that fee higher.  You need to pay the highest fee to get confirmation in 1 block.  Adding more users again adds to the fee, or even more users at the same time(lunchtime). 

Dash with InstantX is perfect for point of sale.  Fast, private, secure, free, done.  I see this as the future. 

See what you can do with a PI, 3.5" touchscreen, and a bunch of command line graphic design - yep a $69 payment terminal the size of a deck of cards that can store the blockchain and confirm InstantX transactions.

Very nice! Looks slick. You guys are keeping me busy...

https://twitter.com/taoofsatoshi/status/679819159249764352

I am famous...Whoohooo!

Also working on getting a nice background with Raptor's help.  This is just a smaller part of an even bigger project....more to be divulged soon.

Let us know when you want some "testers". I have a pi and a pi2 just collecting dust at the moment. I don't have a cool display/touchscreen... yet. Where did you get the touchscreen? I may have to get one... Also, were you planning on getting a camera, too?

Thanks for the offer.  The 3.5" displays are pretty inexpensive on ebay - about $15.  They take up most of the GPIO pins, so you can't use a camera with them.  You need to bump up to a 5" display with hdmi input if you want to use a camera.  And, yes, camera is in the mail along with a 5" display.

[BusterNutBag]

DashTV - The easy way to keep an eye on your investment

pic

>> Read more on Dashtalk

Very nice! TY!



http://dash-news.de/dashtv/?value=428261

Status: 1/unconfirmed, broadcast through 8 nodes
Date: 24/12/2015 01:41
To: pille Xnu9vcCAZYNozX7ypFt2rLi3TFnbTUMX3Q
Debit: -40.00000000 DASH
Transaction fee: -0.00100000 DASH
Net amount: -40.00100000 DASH
Transaction ID: 70d2485b384fb0e2a43e91f369966ab2f25b1971f5c03480defcf0b24cf61567-000

this is actually pretty cool
Dynamic and all that
It's just missing some fireworks - bling! - lol
actually if you could decrease the size by 25% it would fit my screen but other than that
VERY NICE WORK MY DASHMATE !!!!

WOOT!!!!

[AlexGR]

An instantx consensus lock is determined by top five masternodes of the current block's winners list (masternodeman.cpp CMasternodeMan::GetMasternodeRank).

No matter where the transactions enter the network, the one that reaches one of those five masternodes first will block any other instantx transactions using the same inputs from being confirmed.

Concerning generating a race condition: If the current ix quorum (five masternodes) were all handed different versions of the same transaction, none would attain the required five locks due to contention. Only one would make it into a block by the standard mempool/miner route depending on luck.

Aha, thanks for the explanation

[noobtrader]

https://dashtalk.org/


why is it down ?