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

[splawik21]

And boommmm

damn, almost a new ATH every day these days 

Isn`t it beautiful?

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[bigrcanada1]

Hey...anyone know of a good desktop realtime price ticker for crypto that shows dash too?

[qwizzie]

3.1K buy order detected at 0.0092
Dash shifting in higher gear

https://cryptowat.ch/poloniex/dashbtc/4hr


https://dc-charts.com/depth_dash.php?ex=16&cu=0&tz=5&ar=1


Edit : looks like the 3.1k buy order has been put to good use by attacking upwards ? its not in the orderbook anymore, maybe it got withdrawn.

[dnaleor]

you do know that the main purpose of a blockchain is the preventing of double spends, do you?
So in DASH, the masternodes secure the blockchain (at least for IX-transactions). But I think I read somewhere that every transaction will be IX once evolution is out.
=> Masternodes secure the DASH blockchain.

 I am perfectly aware, thank you.

 I forgot to mention that Masternodes lock the transactions against double spend instantly (hence IX), so you don't need to wait for block confirmation by the miners. Masternodes do not write to block though.

 So to resume, Masternodes permit instant transactions while the miners secure the blockchain.

 By the way, Masternodes also permit anonymity. It's a 2-tier network. The first of it's class. Soon to be a 3-tier.

It is perfectly possible (and maybe feasable) to let the masternodes write the blockchain.
Why not? If every transaction is IX, then the masternodes agree and are already responsible for securing the transactions...
So they can just write them to the blockchain as well: let the quorums just write a block.
plus side: DASH gives a bigger incentive to masternodes

PS: Ethereum is planning 1 second blocks (or even faster) so that will also be pretty instant.
They also work with a second tier: you need to have a security deposit to be able to do PoS validation.

[busterzzz]

Interview about new X11 ASIC MIners with Oaxaca, Taoofsatoshi and (fernando at the end).
https://www.youtube.com/watch?v=Ikyiow4oYw0

Or listen here on soundcloud
https://soundcloud.com/thedarq/ep15

Or listen on my website
www.darq.io

[Macno]

Juan was brillant at Anarchapulco! Lots of interest raised!

[TaoOfSaatoshi]

Interview about new X11 ASIC MIners with Oaxaca, Taoofsatoshi and (fernando at the end).
https://www.youtube.com/watch?v=Ikyiow4oYw0

Thanks for having me. Looking forward to starting the Dash Roundtable!

https://twitter.com/taoofsatoshi/status/701533937194156032

[FeelTheBern]

Juan was brillant at Anarchapulco! Lots of interest raised!

Looking forward to that news coverage

[tungfa]

Juan was brillant at Anarchapulco! Lots of interest raised!

were you there ?
and videos yet 

[Macno]

Juan was brillant at Anarchapulco! Lots of interest raised!

were you there ?
and videos yet 

I still am :-) Don't think there are any recordings online yet, he just finished like an hour ago, but there was a whole crowd of people asking about it afterwards.

[tungfa]

Juan was brillant at Anarchapulco! Lots of interest raised!

were you there ?
and videos yet 

I still am :-) Don't think there are any recordings online yet, he just finished like an hour ago, but there was a whole crowd of people asking about it afterwards.

COOL man
tx for the update !

say hey to juan from us please !
we are thinking of you guys down there
 

[Otoh]

Hey...anyone know of a good desktop realtime price ticker for crypto that shows dash too?

I like to keep these up on a spare screen or split screens and then set auto-refresh in Chrome to reload the page every couple of minutes or so.

https://chrome.google.com/webstore/detail/auto-refresh/ifooldnmmcmlbdennkpdnlnbgbmfalko

https://www.coingecko.com/en/dashboard







Edit: On mobiles I also like the Bitcoin Checker App that you can set to sound alarms on a % move, plus Blockfolio App https://play.google.com/store/apps/details?id=com.blockfolio.blockfolio&hl=en

Edit 2: & here's an auto reload add on for Firefox, though I haven't tried it as yet so don't know if or how well it works atm: https://addons.mozilla.org/en-US/firefox/addon/reloadevery/

[coins101]

Interview about new X11 ASIC MIners with Oaxaca, Taoofsatoshi and (fernando at the end).
https://www.youtube.com/watch?v=Ikyiow4oYw0

Or listen here on soundcloud
https://soundcloud.com/thedarq/ep15

Or listen on my website
www.darq.io

There was too much pro-optimism bias in that review and some inaccurate statements about the security benefits.
 
I was left with the feeling that AISICs are always fairly distributed among a wide group of people, and those people are well intended.  That's not how things go.  After a while mining at breakneck speeds moves to monopolistic mining.  There was an admission that the evidence from Bitcoin has not been reviewed.  Please do that review before pushing the positives and papering over the negatives.

Brute hashing power is defensive, but not if it's controlled by a few or the wrong few.

One of the issues raised about the bitcoin block size increase is that because of the Great Fire Wall of China, if you increase block sizes those outside of China will have greater orphans because bigger blocks can't get out of the firewall fast enough, meaning Chinese miners get more of the block rewards, which would lead to others going out of business and even more centralised mining in China, and in the hands of just a few miners.

ASICs in this instance paint you into a corner you can't get out of because one group has so much hashing power.

Just use a little self-regulation when looking at the positives of ASICs.  Bitcoin is in crisis because of the downstream impact of ASICs.  

[Riseman]

So the introduction of ASIC miners in my mind can go 2 ways.

1.Too many coins being mined and getting dumped into the market bringing the price down.

2.The lots of coin being mined are now more precious because the Asic miners are expensive , so those will only be held or will be sold at a higher price .
   The folks mining using GPU will not be able to do that anymore since there would be a low return of coin .


Which one of the above 2 would people suggest  is the path ?


A conspiracy theory is that Dual Miner would have probably mined a bunch of dashes already and now are ready to sell .
I signed up within the first  hour as soon as news hit. Now I am on the waiting list. So, I am pretty sure a lot of bidders would have offered more to pay them and so it was sold out . Which is also good because  the prices will go higher !!!!

The amount of coins mined daily doesn't depend on hashrate. But as long as ASICs are not commonly used these coins will be cheaper for miners who use them. So more of them will sell at whatever price is available, so the selling pressure might get even stronger.But it won't be relevant when GPUs will be rendered useless for mining Dash.

[coins101]

...China, China, China

For the record, this isn't about China as a Nation or the Chinese people.

The economics of Bitcoin ASICs and mining have created some particular problems that are China centric. So there are lessons to be learnt from what is unfolding at the moment in Bitcoin land.

[bigrcanada1]

Hey...anyone know of a good desktop realtime price ticker for crypto that shows dash too?

I like to keep these up on a spare screen or split screens and then set auto-refresh in Chrome to reload the page every couple of minutes or so.

https://chrome.google.com/webstore/detail/auto-refresh/ifooldnmmcmlbdennkpdnlnbgbmfalko

https://www.coingecko.com/en/dashboard

http://imgur.com/hGrB0Qa

http://imgur.com/aX8dymH

BCT won't let me add the above images, so linked instead

Edit: On mobiles I also like the Bitcoin Checker App that you can set to sound alarms on a % move, plus Blockfolio App https://play.google.com/store/apps/details?id=com.blockfolio.blockfolio&hl=en

Edit 2: & here's an auto reload add on for Firefox, though I haven't tried it as yet so don't know if or how well it works atm: https://addons.mozilla.org/en-US/firefox/addon/reloadevery/

Thanks Otoh...I'll give these a shot once I'm at my desk.  Cheers

[gusterdd]

So the introduction of ASIC miners in my mind can go 2 ways.

1.Too many coins being mined and getting dumped into the market bringing the price down.

2.The lots of coin being mined are now more precious because the Asic miners are expensive , so those will only be held or will be sold at a higher price .
   The folks mining using GPU will not be able to do that anymore since there would be a low return of coin .


Which one of the above 2 would people suggest  is the path ?


A conspiracy theory is that Dual Miner would have probably mined a bunch of dashes already and now are ready to sell .
I signed up within the first  hour as soon as news hit. Now I am on the waiting list. So, I am pretty sure a lot of bidders would have offered more to pay them and so it was sold out . Which is also good because  the prices will go higher !!!!

The amount of coins mined daily doesn't depend on hashrate. But as long as ASICs are not commonly used these coins will be cheaper for miners who use them. So more of them will sell at whatever price is available, so the selling pressure might get even stronger.But it won't be relevant when GPUs will be rendered useless for mining Dash.

Sorry I meant ... more coins in the hands of a few (ASIC Miners)

"So more of them will sell at whatever price is available, so the selling pressure might get even stronger."
Some ASIC miner sell the coin to collect miner cost. Selling pressure..increase...
Then the price would be at 2$ ~ 3$ as last year.  2016 would be ASIC infulence year.
2015,2014 were  mintpal, cryptsy infulence year.

[oaxaca]

Interview about new X11 ASIC MIners with Oaxaca, Taoofsatoshi and (fernando at the end).
https://www.youtube.com/watch?v=Ikyiow4oYw0

Or listen here on soundcloud
https://soundcloud.com/thedarq/ep15

Or listen on my website
www.darq.io

There was too much pro-optimism bias in that review and some inaccurate statements about the security benefits.
 
I was left with the feeling that AISICs are always fairly distributed among a wide group of people, and those people are well intended.  That's not how things go.  After a while mining at breakneck speeds moves to monopolistic mining.  There was an admission that the evidence from Bitcoin has not been reviewed.  Please do that review before pushing the positives and papering over the negatives.

Brute hashing power is defensive, but not if it's controlled by a few or the wrong few.

One of the issues raised about the bitcoin block size increase is that because of the Great Fire Wall of China, if you increase block sizes those outside of China will have greater orphans because bigger blocks can't get out of the firewall fast enough, meaning Chinese miners get more of the block rewards, which would lead to others going out of business and even more centralised mining in China, and in the hands of just a few miners.

ASICs in this instance paint you into a corner you can't get out of because one group has so much hashing power.

Just use a little self-regulation when looking at the positives of ASICs.  Bitcoin is in crisis because of the downstream impact of ASICs.  

Hi coins,

First thing is that I never billed myself as an expert in the mining industry.  I happened to be in the right place at the right time to do a site visit.  I am simply reporting my observations.  Several points you make are certainly valid.  If I sounded like a cheerleader, then so be it.  The X11 ASIC has escaped Pandora's box.  There's no putting it back in.  To quote Rafiki (The Lion King):  " Oh yes, the past can hurt. But from the way I see it, you can either run from it, or... learn from it."



Buster (if I can speak for him) would love to have you on his show in order to give your opinion.

[oaxaca]

Bitcoin is in crisis because of the downstream impact of ASICs.  

Excuse me, you cannot blame technology for that particular crisis.  Or any crisis for that matter.

The rules are:

1 - Humans create systems,
2 - Humans game those systems for their own benefit,
3 - Crisis.

The particular technology in use any any given tine is not the problem.

[busterzzz]

Interview about new X11 ASIC MIners with Oaxaca, Taoofsatoshi and (fernando at the end).
https://www.youtube.com/watch?v=Ikyiow4oYw0

Or listen here on soundcloud
https://soundcloud.com/thedarq/ep15

Or listen on my website
www.darq.io

There was too much pro-optimism bias in that review and some inaccurate statements about the security benefits.
 
I was left with the feeling that AISICs are always fairly distributed among a wide group of people, and those people are well intended.  That's not how things go.  After a while mining at breakneck speeds moves to monopolistic mining.  There was an admission that the evidence from Bitcoin has not been reviewed.  Please do that review before pushing the positives and papering over the negatives.

Brute hashing power is defensive, but not if it's controlled by a few or the wrong few.

One of the issues raised about the bitcoin block size increase is that because of the Great Fire Wall of China, if you increase block sizes those outside of China will have greater orphans because bigger blocks can't get out of the firewall fast enough, meaning Chinese miners get more of the block rewards, which would lead to others going out of business and even more centralised mining in China, and in the hands of just a few miners.

ASICs in this instance paint you into a corner you can't get out of because one group has so much hashing power.

Just use a little self-regulation when looking at the positives of ASICs.  Bitcoin is in crisis because of the downstream impact of ASICs.  

Hey thank you for the feedback. Any mistakes you would like me to point out in upload descriptions let me know.

I agree we could have focused about the negatives a little bit we were all p retry excited about the ASIC. You make some valid points, would love to bring you on the show to share your thoughts. Maybe even bring oaxaca back in and you guys can hash it out, no pun intended.