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

[Taylor05]

Dash Birthday / Trademark Resolution / Blocksize Limitation

https://dashtalk.org/threads/dash-birthday-trademark-resolution-blocksize-limitation.7696/

Awesome work, congratz to the foundation on securing proper trademark rights. That is a great boost of confidence for the investors.

Also, lets raise that blocksize limit!  Go Dash always leading and pushing the limits! Literally this time. I vote Yes!


And most importantly Happy Birthday Dash!  What an amazing first 2 years!

How about raising the block size dynamically?

Perhaps check the last 1000 blocks, and if the majority are 50%+ filled, double the size allowed? (or something along these lines)

I disagree. That system could be manipulated easily to automate changes. I think this needs to remain a human-made decision.

[1714749406]

1714749406

[1714749406]

1714749406

[Minotaur26]

From what I understand, the quadratic explosion that occurs from 1mb to 2mb cannot be solved with fees. It will either need to limit the max transactions or the size of a transaction - to say 1mb.

Aside from that, do we have any maths on how x11 and 2mb blocks propagate and how that can affect mining and network operation?

I don't feel that people voting yes or no in such technical issues is appropriate.

I mean, yes, we all want bigger blocks, heck, why not 100mb? I mean duuuh? But there are tradeoffs involved and we have to see what they are.

If possible, I'd like to know these things:

1) With the proposed fee structure, how much would it cost me -as an attacker- to add 1gb of bloat to our blockchain? I want to know if its doable for one of our competitor coins to "sponsor" an attack and make our wallet unusable because noone will want to download a 500gb wallet and say "fuck dash, it's taking ages". This is not a theoretical attack, Monero had been on the receiving end of a bloat attack in the past - presumably by Bytecoin (?).

2) What's the propagation and verification speed data regarding 2mb blocks combined with 2.5m intervals - which, sometimes can get down to a few seconds and will it create problems in case of 2mb blocks? Is there any testnet simulation run or something with full blocks, or specially crafted attack blocks to see what will happen at full load?

3) Is there any reason in particular why we would like this change to occur now, instead of the future when we need >28tx/s? The only thing I can think of is ...marketing, in the sense of "hey bitcoin, look over here, we are doing it democratically" - and hitting the news with it, but, again, I'm not comfortable about the decision process when people don't have all the tradeoff data. Actually I don't feel good at all when it's left to anyone's decision process with a simple yes and no


Happy birthday people, the future is bright

Asking authorization of the network, represented by its stakeholders, to define its intention to raise the block size limit is just the first step, but a very important one so the community can move in this direction in a united front.

As the proposal already says:

"If approved, a proper development, testing and deployment process would start before it reaches production."

So all of these are relevant questions and we can try different things on test-net, if and when we all agree this is something we want to do.  I think the whole process starts in a much more positive way.

[AlexGR]

"If approved, a proper development, testing and deployment process would start before it reaches production."

So all of these are relevant questions and we can try different things on test-net, if and when we all agree this is something we want to do.  I think the whole process starts in a much more positive way.

Aha ok, that's better. I quickly read through it so I thought it had a more immediate effect. In any case, having the data before voting would actually be the best, otherwise the yes is a no-brainer. Everyone wants more tx capacity. The only issue is what problems start appearing due to the tradeoffs involved, usually near max-load circumstances or attack-vector deployments.

[eduffield]

From what I understand, the quadratic explosion that occurs from 1mb to 2mb cannot be solved with fees. It will either need to limit the max transactions or the size of a transaction - to say 1mb.

Aside from that, do we have any maths on how x11 and 2mb blocks propagate and how that can affect mining and network operation?

I don't feel that people voting yes or no in such technical issues is appropriate.

I mean, yes, we all want bigger blocks, heck, why not 100mb? I mean duuuh? But there are tradeoffs involved and we have to see what they are.

If possible, I'd like to know these things:

1) With the proposed fee structure, how much would it cost me -as an attacker- to add 1gb of bloat to our blockchain? I want to know if its doable for one of our competitor coins to "sponsor" an attack and make our wallet unusable because noone will want to download a 500gb wallet and say "fuck dash, it's taking ages". This is not a theoretical attack, Monero had been on the receiving end of a bloat attack in the past - presumably by Bytecoin (?).

2) What's the propagation and verification speed data regarding 2mb blocks combined with 2.5m intervals - which, sometimes can get down to a few seconds and will it create problems in case of 2mb blocks? Is there any testnet simulation run or something with full blocks, or specially crafted attack blocks to see what will happen at full load?

3) Is there any reason in particular why we would like this change to occur now, instead of the future when we need >28tx/s? The only thing I can think of is ...marketing, in the sense of "hey bitcoin, look over here, we are doing it democratically" - and hitting the news with it, but, again, I'm not comfortable about the decision process when people don't have all the tradeoff data. Actually I don't feel good at all when it's left to anyone's decision process with a simple yes and no


Happy birthday people, the future is bright

I believe the masternode network can solve all issues with scalability from the blocksize perspective.

1.) We didn't propose an exact fee structure yet, that will determined when the coding begins. It will be enough to stop a sybil/bloat attack and also enough to allow users a very low cost to transact on our network.

2.) The problems with propagation do not pass from the Bitcoin network to the Dash network, due to the high quality second tier infrastructure. We can require specific infrastructure from our masternodes, which will allow for very quick block propagation no matter the size. The miners simply will need to be connected to the masternode network from each of it's edges (which we will describe how to do this eventually, it's not very difficult). Imagine propagating a 20MB block through a network of 3500 computers with 10GB/s networking. It's not hard to see the advantage we have.  

As for the question, how will we require the masternodes have specific hardware? The next proof-of-service implementation is going to be as simple as a few of us testing the network's masternodes using open source tools to determine the quality of service. We will then provide evidence that can be double checked by other masternodes, then we will use a voting mechanism to flag their masternodes. They will see the flags and know what they have to do in order to remove them, until they do they won't get paid. Once they fix the issues, they can propagate a message asking for a re-evaluation.

Also, that's to say our market cap would be orders of magnitude higher as well. To even have 20MB blocks on average we would have hundreds of millions of users. At which point the masternodes will make plenty of money to be required to run on Xeons and have 10GB/s networking.

3.) We need to start preparing for mass user adoption now and make sure we can support this type of load. By doing this now, we'll have years to prepare and won't have to have huge debates about making changes to an already working system. If Bitcoin did this when they were 25% full, they wouldn't be having this issue, right?

Why wait?

[AlexGR]

Good stuff, thanks.

[toknormal]

By doing this now, we'll have years to prepare

Unless this guy is right, in which case, a few weeks  

[qwizzie]

2 votes to go according info on Dashwhale

Total masternodes : 3497
33% : 1154
Yes : 1150
No : 2

Total participation : 1152
To go : 2

Make them count guys  

edit : new data
https://www.dashwhale.org/p/2mb-blocksize

Total masternodes : 3497
33% : 1154
Yes : 1179
No : 2

Total participation : 1181

[Minotaur26]

Please everyone keep voting whether yes or no. This is not a funding proposal is about polling the opinion of the stakeholders about an important topic.

[qwizzie]

Please everyone keep voting whether yes or no. This is not a funding proposal is about polling the opinion of the stakeholders about an important topic.

yep, lets get as many votes out there as possible.

[volyova]

This user is currently ignored.

Stop crying like a baby, you waste oxygen for nothing.

Signup: may, 2014, First post darkcoin (non newbie-ish posts)

so what is your love at first sight story with darkcoin?

welcome to my list : https://bitcointalk.org/index.php?topic=1282836.msg13200467#msg13200467

I was just talking about rat accounts...and a ziggurat bit me.. CAUGHT CHING!

please add me to your list.

cmon DASH supporters lets all be in his list

pick me ! pick me !

**adopts a solemn expression** I'm afraid that you are already "on" his "list", ceti.

[qwizzie]

This user is currently ignored.

Stop crying like a baby, you waste oxygen for nothing.

Signup: may, 2014, First post darkcoin (non newbie-ish posts)

so what is your love at first sight story with darkcoin?

welcome to my list : https://bitcointalk.org/index.php?topic=1282836.msg13200467#msg13200467

I was just talking about rat accounts...and a ziggurat bit me.. CAUGHT CHING!

please add me to your list.

cmon DASH supporters lets all be in his list

pick me ! pick me !

i'm willing to relinquish my hard fought position of "honorable mention" on that list for a masternode ..... wanna trade ?
You will have to uphold and defend the title "notorious spammer" if you do... 

[ziggurat]

This user is currently ignored.

Stop crying like a baby, you waste oxygen for nothing.

Signup: may, 2014, First post darkcoin (non newbie-ish posts)

so what is your love at first sight story with darkcoin?

welcome to my list : https://bitcointalk.org/index.php?topic=1282836.msg13200467#msg13200467

I was just talking about rat accounts...and a ziggurat bit me.. CAUGHT CHING!

Please ignore the haters, ArielBit lost 11,000 Monero's on Monerodice and he's here hating only.
While Icebreaker is a well known Hashfast scammer, please google Hashfast scam.

The level of hate and jealousy these people bring just WoW man...

You lost 11,000 Monero's on Monerodice, arielbit?

Ahahahah!

I am not sorry for that I hope you will keep playing more Bad luck to you!

[TwoCoins1Purse]

Votes: 1508 yes @ ~43% participation

Blocksize consensus reached in 6 hours. Amazing.

[GhostPlayer]

Votes: 1508 yes @ ~43% participation

Blocksize consensus reached in 6 hours. Amazing.

 Money systems and altruism are not miscible.

[Lebubar]

Votes: 1508 yes @ ~43% participation

Blocksize consensus reached in 6 hours. Amazing.

Universal Awesomeness  

Wait, I can't vote where I am right now.
Will vote in ~3 hours...

[camosoul]

https://www.youtube.com/watch?v=Q_RZnhyMGKU
Throttle up...

...and for my next trick, I'll be pumping Dash.

[Melech]

https://www.youtube.com/watch?v=Q_RZnhyMGKU
Throttle up...

...and for my next trick, I'll be pumping Dash.

yay beverages

[Minotaur26]

https://www.youtube.com/watch?v=Q_RZnhyMGKU
Throttle up...

...and for my next trick, I'll be pumping Dash.

Amazing work man. Hats off to you and everyone on the soda machine project. A great proof of concept. Onwards and upwards.

[TanteStefana2]

Dash Birthday / Trademark Resolution / Blocksize Limitation

https://dashtalk.org/threads/dash-birthday-trademark-resolution-blocksize-limitation.7696/

Very cool, Wow, trademark! YES!  Talk about a serious and professional project!  I'm so excited for Mami!  Please, lots of photos!!!

[pille]

https://www.youtube.com/watch?v=Q_RZnhyMGKU
Throttle up...

...and for my next trick, I'll be pumping Dash.

BAM, that was fast. Does that mean instantX works on android now??