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

[qwizzie]

qwizzie, I got this when accessing your http://qwizzie.1apps.com/dash/

that is strange, no idea why it would block my site / 1Apps site
Can you check this : http://www.1apps.net/
Same message ?

yep, same message on that domain, free hosting?

yep, free hosting  

I guess you will have to whitelist the links in order to view them, sorry about that.
The links are pointing towards a site i made on 1Apps which shows crowning's excellent
masternode location map, crowning's masternode rise in numbers graph and crowning's Dash merchant map.

Essential links basicly 

[toknormal]

The 6-Hour MACD histogram moving averages indicator is getting neck strain because it can't tilt its head back far enough in order to fix its gaze on the particular star constellation that is the target for this rise.

It's trying to tell us where this is going longer term. I for one am listening  

[toknormal]

I don't understand this statement by Brian Armstrong.

Surely if the hashrate drops off, the difficulty just drops to compensate and we continue to generate blocks at the same intervals on average. Is he suggesting that the hashing level can somehow have an impact on the emission rate ?

[dEBRUYNE]

I don't understand this statement by Brian Armstrong.

Surely if the hashrate drops off, the difficulty just drops to compensate and we continue to generate blocks at the same intervals on average. Is he suggesting that the hashing level can somehow have an impact on the emission rate ?

Difficulty takes approximately 2 weeks to adjust. Currently, miners are pushing out blocks approximately every 10 minutes. If after the halving day 50% of the hashrate drops of the network, only 50% will be trying to solve blocks with the same difficulty. Therefore, it will take miners twice as long to find a block (making blocktimes essentially 20 minutes for a while, which also results in a lower emission). The difficulty adjustment is meant so the blocktime averages to 10 minute on the long term. In case the hashrate shoots up and difficulty hasn't adjusted you will see faster blocks (I think we had average 8 minute blocktimes for a week or so).

P.S. The difficulty adjusts after N number of blocks, thus in above scenario it could take 4 weeks to adjust. There is also a doom scenario where the difficulty will never adjust because to many miners drop off the network. 

[qwizzie]

I don't understand this statement by Brian Armstrong.

Surely if the hashrate drops off, the difficulty just drops to compensate and we continue to generate blocks at the same intervals on average. Is he suggesting that the hashing level can somehow have an impact on the emission rate ?

Difficulty takes approximately 2 weeks to adjust. Currently, miners are pushing out blocks approximately every 10 minutes. If after the halving day 50% of the hashrate drops of the network, only 50% will be trying to solve blocks with the same difficulty. Therefore, it will take miners twice as long to find a block. The difficulty adjustment is meant so the blocktime averages to 10 minute on the long term. In case the hashrate shoots up and difficulty hasn't adjusted you will see faster blocks (I think we had average 8 minute blocktimes for a week or so).

thats why Dash approach with its yearly 7% cut in block rewards has less impact. Also our Dark Gravity Wave is re-adjusting our difficulty far more quickly.

[toknormal]

Difficulty takes approximately 2 weeks to adjust. Currently, miners are pushing out blocks approximately every 10 minutes. If after the halving day 50% of the hashrate drops of the network, only 50% will be trying to solve blocks with the same difficulty.

Ah, so he's talking about the transition period while the difficulty catches up ? Not the longer term.

Thanks.

[dEBRUYNE]

Difficulty takes approximately 2 weeks to adjust. Currently, miners are pushing out blocks approximately every 10 minutes. If after the halving day 50% of the hashrate drops of the network, only 50% will be trying to solve blocks with the same difficulty.

Ah, so he's talking about the transition period while the difficulty catches up ? Not the longer term.

Thanks.

Yes, well it needs to adjust basically. I added a PS to my previous post which might interest you.

@Qwizzie, yes that is certainly better than Bitcoin, but still has a risk. Ideally a coin has a smoothing block reward.

[qwizzie]

Bitcoin Price Dips Closer to $400 Following Network Disruptions
http://www.coindesk.com/bitcoin-price-400-network-disruption/

[HinnomTX]

thats why Dash approach with its yearly 7% cut in block rewards has less impact. Also our Dark Gravity Wave is re-adjusting our difficulty far more quickly.

Also the block reward increases when mining difficulty drops below 3000, giving miners incentive to come back. All of these improvements over Bitcoin are rather ingenious. 

[Oil man]

what dash can be listed on btc38? 

where I can buy something with dash? 

[orangecycle]

Is it me or is Node 40 down?

https://node40.com/

It's been down for at least 4 hours, maybe more like 6, I've just emailed Perry but it's Saturday night 1 AM in NY.

Edit: & Holger has now pinged him on Slack as well.

Sorry for the service interruption. We were tightening security policies on the network segment that hosts the public facing site and locked things down too much. Masternodes were never affected.

[qwizzie]

what dash can be listed on btc38?  

where I can buy something with dash?  

http://coinmarketcap.com/currencies/dash/#markets

Poloniex has the most Dash volume these days
Exmo on the other hand has implemented Dash InstantX, which means you can sent your Dash instantly there (for a small fee)

Hopefully one day Dash gets listed on btc38 and other chinese exchanges. Or better yet, a true decentralised exchange.

edit : oh dear, i think i misread your post

just check what you can buy with Dash here :  

https://dashtalk.org/forums/merchant-directory.46/
https://dashtalk.org/threads/merchant-directory-listing-updated-march-2016.3445/
http://qwizzie.1apps.com/dash-merchants/

thank you for showing an interest in Dash

 

[qwizzie]

0.013 breach imminent, brace yourself guys  
a bumpy ride indeed, yes sir  

By the way, i think i have identified the direction we are going :

[rentahash]

0.013 breach imminent, brace yourself guys  
a bumpy ride indeed, yes sir  

By the way, i think i have identified the direction we are going :

I am riding ETH with some DASH changed for BTC...

This is the first time I am unhappy for DASH rise

Hope ETH will rise more so I can cover rise of DASH once i buy back


LONG live DASH!

[Riseman]

If ETH continues at this pace we'll see many posts about buying back cheap masternodes here soon.

[qwizzie]

If ETH continues at this pace we'll see many posts about buying back cheap masternodes here soon.

if Dash continues at this pace we'll see many posts about how expensive these masternodes are getting while trying to buy them.

[Riseman]

If ETH continues at this pace we'll see many posts about buying back cheap masternodes here soon.

if Dash continues at this pace we'll see many posts about how expensive these masternodes are getting while trying to buy them.

Also possible. But we'll see what happens first. It's all about the odds.

[BitWater]

If ETH continues at this pace we'll see many posts about buying back cheap masternodes here soon.

if Dash continues at this pace we'll see many posts about how expensive these masternodes are getting while trying to buy them.

Also possible. But we'll see what happens first. It's all about the odds.

I wish I had sold my Dash and bought ETH at .003, if I sold now I could have had alot more masternodes and miners going! Clairvoyance would be nice some days.

[eduffield]

Are we starting a bear trend in Bitcoin and an uptrend in the Alt market? It seems like some large whales are hedging and finally tipped the supply/demand dynamics of the market to the point where they're draining the market cap now. This could get interesting... fast.

[qwizzie]

yeah, its like a new world out there. Still strange seeing Bitcoin dropping like that and at the same time certain Alts (Dash included) getting considerable financial injections.