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

[tungfa]

Tao asks: How can you avoid a Mt. Gox situation for your Dash?

http://youtu.be/40n6joIOkVg

The future is now. Use Exmo.

god dam are they FAST !
whow
just did a test deposit and yes, you can not beat speed !
 

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[Varvarin]

...

One of DASH's major selling points was that it is ASIC resistant. We should keep it this way, to avoid centralization!

Oh I need a laugh 1st thing this morning. Not one but two jokes ... Thanks 

[Macrochip]

Why does everyone commit the same blunder?
Why do you keep comparing Dash with every other crypto?

Miners do not care very much about the long term success of Dash.
If it tanks, they'll sell it off and mine the next coin.
But miners are not the only group with a say in Dash.

We have Blockchain Governance and Masternode operators.
They are very much interested to see Dash succeed because of their substantial investment.
Thus they will vote any harmful mining cartels out of the network.
With a simple hard fork we can switch algorithm and boom, all those ASICs become worthless.
Therefore controlling the hashrate is not a big enough leverage to harm Dash anymore.
To other cryptos it still is. But we are not other cryptos.

[GhostPlayer]

 Man, you are simply the worse type of troll ever. It's like you don't even try and only care about post count.
 Yes, X11 was indeed created to be ASIC resistant.

 ASIC resistant does NOT = ASIC free, incompatible, or impossible.

 Resistant;

offering resistance to something or someone.
"some of the old churches are resistant to change"

 When there is enough incentive, money and will, anything is possible.

[tungfa]

Ghost Ghost Ghost
is he pulling your leg again
do you fall for the old troll trick
 
come on brother, you know better than that ...

[toknormal]

come on brother, you know better than that ...

I think Ghost made a very relevant point which added scope to the debate on ASICs. It's true that he was having his chain pulled but it's still a point worth making I think 

[tungfa]

come on brother, you know better than that ...

I think Ghost made a very relevant point which added scope to the debate on ASICs. It's true that he was having his chain pulled but it's still a point worth making I think 

no doubt
ghost always makes good points, i am NOT questioning that
 

[Macrochip]

Latest attendance list for the round table.  For fun, pick one of the faces behind the troll campaigns that we encounter on this forum 

Confirmed 2016 Participants include (in alphabetical order):
[...]
Riccardo Spagni, Monero
[...]

Brought to you and paid for by Gambling Losses™

[iCEBREAKER]

Latest attendance list for the round table.  For fun, pick one of the faces behind the troll campaigns that we encounter on this forum 

Confirmed 2016 Participants include (in alphabetical order):
[...]
Riccardo Spagni, Monero
[...]

Brought to you and paid for by Gambling Losses™

Let's try and stay on topic.

I'd still like to know who was selling Dash on the basic of "ASIC resistance" and what reasons they had for claiming X11 is anything but trivially discretized.

[toknormal]

no doubt
ghost always makes good points, i am NOT questioning that
 

I know you weren't, it's just that there's more to 'chain pulling' than meets the eye I think. It's part of establishing a strong market presence ("rights of passage" if you like) that an asset must have its tyres kicked and have its "worst case scenarios" paraded in public in the most negative light.

If it survives that process then it has a very consolidating effect on confidence which is what's happened with Dash. A lot of people say we shouldn't respond to trolls, but I find that a lot of my most challenging thinking got done in response to nonsense claims and assertions in so called "troll posts".

Obviously a balance has to be struck.

There's a case for ignoring nonsense and there's sometimes a case for posting well made arguments in response to challenges, albeit that they are made in a brattish, provocative tone.

I hold my hands up. On the odd over-relaxed Friday night, yours truly may himself drift slightly off track, but I think this thread does a pretty good job of striking that balance considering that it started uncensored and remains so to this day.

Thats quite a tall order and should be applauded  

[iCEBREAKER]

Latest attendance list for the round table.  For fun, pick one of the faces behind the troll campaigns that we encounter on this forum 

Confirmed 2016 Participants include (in alphabetical order):
[...]
Riccardo Spagni, Monero
[...]

Brought to you and paid for by Gambling Losses™

It's a legit legal site isn't it?

Well it is not like I have accused Riccardo of being a XMR mining botnet master or anything 

cough, cough, errrm

Let's try and stay on topic.

I'd still like to know who was selling Dash on the basic of "ASIC resistance" and what reasons they had for claiming X11 is anything but trivially discretized.

[toknormal]

Dash 12-hour EMA and OBV just crossing their respective moving averages to the upside for the first time since the start of February. (The OBV's the more interesting one cos it alludes to what the EMA's about to do).

[Wintermute]

 Man, you are simply the worse type of troll ever. It's like you don't even try and only care about post count.
 Yes, X11 was indeed created to be ASIC resistant.

 ASIC resistant does NOT = ASIC free, incompatible, or impossible.

 Resistant;

offering resistance to something or someone.
"some of the old churches are resistant to change"

 When there is enough incentive, money and will, anything is possible.

Correct. Not ASIC resistant forever, no algo is. Thanks for the clarification.

The problem is that ASIC leads to a lot of concentration. ASIC producers naturally also mine a lot of coins so their influence expands from a mining level to the masternodes. If we switch the mining algo people will realize that an investment in ASIC is not worth it and DASH will remain decentralized. The algo can also be switched every year or so to make it very clear that we want DASH to remain decentralized on all levels.

It is very likely that ASIC companies already pay some people to support ASIC and to claim that it is a good thing. ASIC will transfer power from the community to manufacturers and lead to centralization.

[dEBRUYNE]

Latest attendance list for the round table.  For fun, pick one of the faces behind the troll campaigns that we encounter on this forum 

Confirmed 2016 Participants include (in alphabetical order):
[...]
Riccardo Spagni, Monero
[...]

Brought to you and paid for by Gambling Losses™

It's a legit legal site isn't it?

Well it is not like I have accused Riccardo of being a XMR mining botnet master or anything 

cough, cough, errrm

Perhaps you guys should've read the FAQ, which states:

The house edge on MoneroDice is 1%. In other words, over time and across thousands of bets the MoneroDice operators will earn 1%. For some users this has a minimal effect, for some it has an effect that is a little larger. This cut helps us fund expensive costs, such as the server, the website itself, and so on. Once our costs are covered, all profits go to Monero core development.

[dEBRUYNE]

 Man, you are simply the worse type of troll ever. It's like you don't even try and only care about post count.
 Yes, X11 was indeed created to be ASIC resistant.

 ASIC resistant does NOT = ASIC free, incompatible, or impossible.

 Resistant;

offering resistance to something or someone.
"some of the old churches are resistant to change"

 When there is enough incentive, money and will, anything is possible.

Correct. Not ASIC resistant forever, no algo is. Thanks for the clarification.

The problem is that ASIC leads to a lot of concentration. ASIC producers naturally also mine a lot of coins so their influence expands from a mining level to the masternodes. If we switch the mining algo people will realize that an investment in ASIC is not worth it and DASH will remain decentralized. The algo can also be switched every year or so to make it very clear that we want DASH to remain decentralized on all levels.

It is very likely that ASIC companies already pay some people to support ASIC and to claim that it is a good thing. ASIC will transfer power from the community to manufacturers and lead to centralization.

Not really in my opinion, resistant means that once ASICs are out they won't have a large advantage over the GPU/CPU miners and the latter group can still compete with them. It remains to be seen if that is possible and how large the advantage of ASICs will be.

[GhostPlayer]

Ghost Ghost Ghost
is he pulling your leg again
do you fall for the old troll trick
 
come on brother, you know better than that ...

 tungy, we all know who iCey is... I profit from his FUD to set the record straight for the rest of the populous

[dnaleor]

Tao asks: How can you avoid a Mt. Gox situation for your Dash?

http://youtu.be/40n6joIOkVg

The future is now. Use Exmo.

I did some tracking based on your exchange address and I'm pretty sure that

* This masternode is owned by you: https://chainz.cryptoid.info/dash/address.dws?XiW49wtg2p2nbKD8KPrJdqzP2Vch5MNd74.htm
* This wallet was previously owned by you, now unused: https://chainz.cryptoid.info/dash/address.dws?Xh2F7kU7zrQqedoki7qMmY78poEsb8ELwU.htm

I didn't use any fancy scripts to get this info. Imagine chainalysis trying to map the DASH blockchain. They would be able to extract much more info.

DASH, not that anonymous after all...

[bandidorl]

 Man, you are simply the worse type of troll ever. It's like you don't even try and only care about post count.
 Yes, X11 was indeed created to be ASIC resistant.

 ASIC resistant does NOT = ASIC free, incompatible, or impossible.

 Resistant;

offering resistance to something or someone.
"some of the old churches are resistant to change"

 When there is enough incentive, money and will, anything is possible.

Correct. Not ASIC resistant forever, no algo is. Thanks for the clarification.

The problem is that ASIC leads to a lot of concentration. ASIC producers naturally also mine a lot of coins so their influence expands from a mining level to the masternodes. If we switch the mining algo people will realize that an investment in ASIC is not worth it and DASH will remain decentralized. The algo can also be switched every year or so to make it very clear that we want DASH to remain decentralized on all levels.

It is very likely that ASIC companies already pay some people to support ASIC and to claim that it is a good thing. ASIC will transfer power from the community to manufacturers and lead to centralization.

Not really in my opinion, resistant means that once ASICs are out they won't have a large advantage over the GPU/CPU miners and the latter group can still compete with them. It remains to be seen if that is possible and how large the advantage of ASICs will be.

Yes, you are right, that´s your opinion, and like they say opinions are like assholes. Everybody has one.

[GhostPlayer]

Not really in my opinion, resistant means that once ASICs are out they won't have a large advantage over the GPU/CPU miners and the latter group can still compete with them. It remains to be seen if that is possible and how large the advantage of ASICs will be.

 Well, that is just absolutely wrong opinion, because what you say is either done by default producing ASIC on purpose for that effect, or you have a crystal ball to see the future.

 To clarify, X11 was created to chain 11 algo's together so it would be a nightmare to simply tweak a know FPGA procedure and start hashing  Dash.

 It is so complicated, it requires massive amount of work and dedication. Hence the "resistant". So we would have a long period of CPU, then GPU, and then yes, ASICs, when the market dictates, which it did.

[GhostPlayer]

I did some tracking based on your exchange address and I'm pretty sure that

* This masternode is owned by you: https://chainz.cryptoid.info/dash/address.dws?XiW49wtg2p2nbKD8KPrJdqzP2Vch5MNd74.htm
* This wallet was previously owned by you, now unused: https://chainz.cryptoid.info/dash/address.dws?Xh2F7kU7zrQqedoki7qMmY78poEsb8ELwU.htm

I didn't use any fancy scripts to get this info. Imagine chainalysis trying to map the DASH blockchain. They would be able to extract much more info.

DASH, not that anonymous after all...

 InstantX has nothing to do with Darksend. Two completely different things.

 dnaleor, not much of a brain after all...