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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9722683 times)
toknormal
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January 12, 2016, 02:36:36 AM


Have you guys been following all the drama in r/bitcoin from Peter Todd double spending Coinbase to show how zero conf are really insecure. It is a must read for anyone interested in InstantX and how important this Dash feature really is.

Check it out here:

https://np.reddit.com/r/Bitcoin/comments/40ejy8/peter_todd_with_my_doublespendpy_tool_with/cytlhh0

There is an interesting conversation with Charlie Lee, as Peter seems to have used the most basic double spending technique against them and kind of exposed coblee.

Wow. I wasn't aware of this.

Edit. LoL !!

Quote from: coblee --> Todd
Instead of being a PITA, why don't you work with companies to help them accept 0-conf reliable, or as reliably as possible?
TaoOfSaatoshi
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January 12, 2016, 02:42:51 AM

Have you guys been following all the drama in r/bitcoin from Peter Todd double spending Coinbase to show how zero conf are really insecure. It is a must read for anyone interested in InstantX and how important this Dash feature really is.

Check it out here:

https://np.reddit.com/r/Bitcoin/comments/40ejy8/peter_todd_with_my_doublespendpy_tool_with/cytlhh0

There is an interesting conversation with Charlie Lee, as Peter seems to have used the most basic double spending technique against them and kind of exposed coblee.
https://twitter.com/taoofsatoshi/status/686739698987962372

tungfa
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January 12, 2016, 03:15:48 AM

Have you guys been following all the drama in r/bitcoin from Peter Todd double spending Coinbase to show how zero conf are really insecure. It is a must read for anyone interested in InstantX and how important this Dash feature really is.

Check it out here:

https://np.reddit.com/r/Bitcoin/comments/40ejy8/peter_todd_with_my_doublespendpy_tool_with/cytlhh0

There is an interesting conversation with Charlie Lee, as Peter seems to have used the most basic double spending technique against them and kind of exposed coblee.
https://twitter.com/taoofsatoshi/status/686739698987962372

wtf is he thinking by sabotaging his 'own' industry to bring 'his' point accross !
dam ego maniac !
http://bitcoinist.net/peter-todd-double-spends-on-coinbase/
TanteStefana2
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January 12, 2016, 03:20:42 AM

This analysis popped up in another forum.

http://blog.makemoneywhileyouwork.com/2016/01/11/using-alt-coins-to-mix-bitcoins/

Comparison of XMR vs DASH for mixing.

 

It's a fair assessment based on doing an on-the-fly-mix and send. Dash mixing does work, it's just hit and miss and can take a few hours depending on the amount and rounds you use. Having said that, a couple of times I've mixed 200 dash over in under 2 hours. This isn't the norm though in my experience...

The length of time isn't a problem in many respects as long as you're not in a hurry to send privatized funds.

Walter

Also, Dash requires more funds. I mean you have to break it down into denominations, and he was using so little Dash.

On the other hand, all this will change with Evolution.  Still, yes, if you want to mix like that, and don't care about what the coin offers in stability and auditability - and  you're fine with taking a chance buying then selling a coin, sure, monero is the way to go, IMO.  I wouldn't want to keep my funds in monero.  I don't trust it and think that at the first sign of questionable status of how many coins are "out there" people are going to jump off that boat.  But then again, we all live in a fiat world, don't we?

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
TanteStefana2
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January 12, 2016, 03:35:01 AM

wtf is he thinking by sabotaging his 'own' industry to bring 'his' point accross !
dam ego maniac !
http://bitcoinist.net/peter-todd-double-spends-on-coinbase/

LOL, maybe so, actually quite so (he seems an egomaniac) but for once, I send my thanks Smiley

Thanks Peter Todd, you're a real piece of work, LOL.

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
moocowmoo
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January 12, 2016, 03:38:59 AM

thanks for fixing.
monitoring 'dashd'  also run well.

Glad to hear it.

I added a probability calculation to the output.
(Something I'd built for the next version of dashman, which is on hold right now due to the instantx soda machine and another official dev project. Sorry folks! But I promise the wait will be worth it!)
It uses the math I outlined here https://bitcointalk.org/index.php?topic=421615.msg12742065#msg12742065
But, it estimates the blocks since paid using the last-paid timestamp, so it's not completely accurate.

Code:
$ python masternode_check.py
node-005  ONLINE - in masternode list - rank:  338/3472 (in selection queue) probability: 58.17%
node-004  ONLINE - in masternode list - rank: 2061/3472
node-002  ONLINE - in masternode list - rank: 2498/3472
node-003  ONLINE - in masternode list - rank: 3091/3472
node-001  ONLINE - in masternode list - rank: 3218/3472

to pull the changes in, do the same:

Code:
cd masternode_conf_check
git stash
git pull
git stash pop
python masternode_check.py

for those wanting to play with it:

Code:
git clone https://github.com/moocowmoo/masternode_conf_check.git
cd masternode_conf_check
# nano masternode_check.py
# edit the top two lines to match your config
python masternode_check.py


tips: XmoocowYfrPKUR6p6M5aJZdVntQe71irCX | identity: https://keybase.io/moocowmoo
service: https://masternode.me -- The first automated masternode service. Ugly website, stellar uptimes and hands-on support. Over 150 nodes with 300+ days uptime!
ReallyRedRum
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January 12, 2016, 04:00:45 AM

Dash does one thing well. Dumps.

https://1broker.com/m/r.php?i=8768
https://www.bitfinex.com/?refcode=JuvbcI1CzI
https://www.bitmex.com/register/f1qY9q
https://www.okcoin.com/?invid=2076079
https://simplefx.com/?sfx-r=fb817c64-a4af-4d28-9d5e-8eb918121483
https://bit4x.com/invite/2c724af5
https://localbitcoins.com/?ch=4vi3
https://www.quadrigacx.com/?ref=jsmu1vwd8mir1a35fa67ogwb
https://primedice.com/?ref=CarlJeff
https://purse.io/?_r=B2Z_KK
altcointrader25
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January 12, 2016, 04:06:58 AM

dash has been holding this range pretty well.
TaoOfSaatoshi
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January 12, 2016, 04:21:42 AM

What's the current price? I haven't checked in about a month...

Solarminer
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January 12, 2016, 05:25:26 AM

Thanks everyone for voting on your favorite beverages.  And thank you to the latest mineral water votes.  Much appreciated.

The InstantX Soda Machine Will be Stocked With:

Mineral Water  15.10617432 DASH
Coke  9.1389742 DASH
Mt Dew  9.002 DASH
Rootbeer  8 DASH
7up  4.2121 DASH
Dr Pepper  4.001 DASH

And the other contenders.....
Mello Yellow  3.7 DASH
Red Stripe  0.364 DASH
Sprite  0.051 DASH
Cherry Coke  0.021 DASH
Pepsi  0.011 DASH
Diet Cola  0.002 DASH

Results will be verifiable on the blockchain for 2 days.  After that, they will probably be in a paper wallet ready to buy a soda.

I enjoyed this little bit of fun.  Thanks for contributing and posting.
TanteStefana2
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January 12, 2016, 06:39:41 AM
Last edit: January 12, 2016, 06:53:43 AM by TanteStefana2

Have you guys been following all the drama in r/bitcoin from Peter Todd double spending Coinbase to show how zero conf are really insecure. It is a must read for anyone interested in InstantX and how important this Dash feature really is.

Check it out here:

https://np.reddit.com/r/Bitcoin/comments/40ejy8/peter_todd_with_my_doublespendpy_tool_with/cytlhh0

There is an interesting conversation with Charlie Lee, as Peter seems to have used the most basic double spending technique against them and kind of exposed coblee.

I posted, figured I could take a little abuse after 2 years.  I'm sure they'll say nasty things to me, but what the hell.

Oh no, they just deleted me Tongue

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
TanteStefana2
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January 12, 2016, 07:00:33 AM

OK Dashers, your old Tante needs help.  I need to be taught about the tip bot.  Mr. TheDashGuy sent me a tip, and I neither know where it goes after accepting nor how to send someone else tips, LOL.  I suppose it's time to learn?!?!?!

So someone have a heart and explain it to the old, LOL.  Thanks!

P.S.  I'm going to bed now, but I will start from here to see if anyone answered tomorrow Cheesy  Thanks so much!

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
tungfa
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January 12, 2016, 07:14:18 AM

OK Dashers, your old Tante needs help.  I need to be taught about the tip bot.  Mr. TheDashGuy sent me a tip, and I neither know where it goes after accepting nor how to send someone else tips, LOL.  I suppose it's time to learn?!?!?!

So someone have a heart and explain it to the old, LOL.  Thanks!

P.S.  I'm going to bed now, but I will start from here to see if anyone answered tomorrow Cheesy  Thanks so much!

you talking about the reddit bot ?
right here:
https://www.reddit.com/r/dashtipbot/wiki/index
altcointrader25
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January 12, 2016, 07:58:46 AM


Have you guys been following all the drama in r/bitcoin from Peter Todd double spending Coinbase to show how zero conf are really insecure. It is a must read for anyone interested in InstantX and how important this Dash feature really is.
Small price pump on bittrex so far.  Thumbs up.

https://1broker.com/m/r.php?i=8768https://www.bitfinex.com/?refcode=JuvbcI1CzIhttps://www.bitmex.com/register/f1qY9qhttps://www.okcoin.com/?invid=2076079https://simplefx.com/?sfx-r=fb817c64-a4af-4d28-9d5e-8eb918121483https://bit4x.com/invite/2c724af5https://localbitcoins.com/?ch=4vi3https://www.quadrigacx.com/?ref=jsmu1vwd8mir1a35fa67ogwbhttps://primedice.com/?ref=CarlJeffhttps://purse.io/?_r=B2Z_KK
Check it out here:

https://np.reddit.com/r/Bitcoin/comments/40ejy8/peter_todd_with_my_doublespendpy_tool_with/cytlhh0

There is an interesting conversation with Charlie Lee, as Peter seems to have used the most basic double spending technique against them and kind of exposed coblee.

Wow. I wasn't aware of this.

Edit. LoL !!

Quote from: coblee --> Todd
Instead of being a PITA, why don't you work with companies to help them accept 0-conf reliable, or as reliably as possible?


He was even temporarily suspended from Reddit.  Always a lot of drama going on in the cryptocurrency circuit.  Tongue
TaoOfSaatoshi
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January 12, 2016, 08:23:56 AM

Fear Mongers Falsely Condemn Anonymity in Cryptocurrency:

https://news.bitcoin.com/fear-mongers-falsely-condemn-anonymity-cryptocurrency/

dazbarlby
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January 12, 2016, 09:34:34 AM


Have you guys been following all the drama in r/bitcoin from Peter Todd double spending Coinbase to show how zero conf are really insecure. It is a must read for anyone interested in InstantX and how important this Dash feature really is.
Small price pump on bittrex so far.  Thumbs up.


Check it out here:

https://np.reddit.com/r/Bitcoin/comments/40ejy8/peter_todd_with_my_doublespendpy_tool_with/cytlhh0

There is an interesting conversation with Charlie Lee, as Peter seems to have used the most basic double spending technique against them and kind of exposed coblee.

Wow. I wasn't aware of this.

Edit. LoL !!

Quote from: coblee --> Todd
Instead of being a PITA, why don't you work with companies to help them accept 0-conf reliable, or as reliably as possible?


He was even temporarily suspended from Reddit.  Always a lot of drama going on in the cryptocurrency circuit.  Tongue

https://dashtalk.org/threads/we-need-this-amazing-30-second-commercial-like-video.7464/#post-78005

If Bitcoin becomes popular and somebody creates an easy to use double spend app (I mean Peter Todd has already written the code https://github.com/petertodd/replace-by-fee-tools/blob/master/doublespend.py), I bet vending machines offering cheap goods will also want at least one confirmation. I'm not quite sure what the profit margins are on snacks but if 1 in 5 are double spent then that's 20% turnover gone. I can see many teenagers taking advantage of this for a quick free snack, especially on drunken nights out.
toknormal
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January 12, 2016, 09:55:03 AM


If Bitcoin becomes popular and somebody creates an easy to use double spend app (I mean Peter Todd has already written the code https://github.com/petertodd/replace-by-fee-tools/blob/master/doublespend.py), I bet vending machines offering cheap goods will also want at least one confirmation. I'm not quite sure what the profit margins are on snacks but if 1 in 5 are double spent then that's 20% turnover gone. I can see many teenagers taking advantage of this for a quick free snack, especially on drunken nights out.

I would have thought thats curtains for 0-conf with or without RBF now that that cat's out of the bag.

What about Bitpay ? Mass marketers of 0-conf ? Does their stock value not plummet at this news ?
dazbarlby
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January 12, 2016, 09:59:23 AM


If Bitcoin becomes popular and somebody creates an easy to use double spend app (I mean Peter Todd has already written the code https://github.com/petertodd/replace-by-fee-tools/blob/master/doublespend.py), I bet vending machines offering cheap goods will also want at least one confirmation. I'm not quite sure what the profit margins are on snacks but if 1 in 5 are double spent then that's 20% turnover gone. I can see many teenagers taking advantage of this for a quick free snack, especially on drunken nights out.

I would have thought thats curtains for 0-conf with or without RBF now that that cat's out of the bag.

What about Bitpay ? Mass marketers of 0-conf ? Does their stock value not plummet at this news ?

Perfect timing for DASH with Miami and Evolution around the corner... Is Peter Todd secretly on our marketing team :-)
toknormal
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January 12, 2016, 10:01:37 AM
Last edit: January 12, 2016, 10:13:24 AM by toknormal


Perfect timing for DASH with Miami and Evolution around the corner... Is Peter Todd secretly on our marketing team :-)

You could be forgiven for thinking so but no. He deletes Tante's posts on Reddit whenever she tries to contribute to his thread.

Peter Todd famously referred to Dash as "snake oil" LoL. But he subsequently lost that argument as is now being borne out be recent events on many fronts - monetary fidelity, governance, commercial compatibility and accessibility.
dazbarlby
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January 12, 2016, 10:31:05 AM


Perfect timing for DASH with Miami and Evolution around the corner... Is Peter Todd secretly on our marketing team :-)

You could be forgiven for thinking so but no. He deletes Tante's posts on Reddit whenever she tries to contribute to his thread.

Peter Todd famously referred to Dash as "snake oil" LoL. But he subsequently lost that argument as is now being borne out be recent events on many fronts - monetary fidelity, governance, commercial compatibility and accessibility.


I didn't know he deleted Tente's Reddit posts... It sounds like his head is all over the place. He realises Bitcoin has many issues, which he constantly highlights, which many see as a bitcoin developer attacking his own creation but he can't bring himself to see the light because he is too far down the Bitcoin rabbit hole, so he fights DASH instead.

It's funny how you become blind to the obvious when you're so close to the action. That's why I always try to make a point of looking at all other crypto projects while also looking at the wider global picture so I don't become blinded myself... keeping an open mind.
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