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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9723728 times)
TanteStefana2
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March 23, 2016, 03:28:55 AM


Tnks Tante, I always try to do my best Wink

We have some logistical problems due the terrorist attacks in Belgium Embarrassed . We have people coming from all Europe, and some of they are stuck because of the no flight zone (one of the team organizers is living in Belgium now and can't move to bcn). Bad times  Undecided

Kointrend, see you there!

Oh gosh, I'm so off the grid (we stopped watching television about a year ago) and without the news on, I'm ignorant on what's going on until I hear something from a forum like this.  I'm so sorry!  Now I have to go see what's up Sad

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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March 23, 2016, 03:44:01 AM

Irina , ups I meant Amanda is on it again
 Wink
https://m.youtube.com/watch?feature=youtu.be&v=MOhnFKI1P6E

kointrend
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March 23, 2016, 08:21:07 AM

Just another ATH (3649)  Cool
http://178.254.18.153/~pub/masternode_count.png
G.avinMcInnes
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March 23, 2016, 11:29:48 AM


I wonder if it will be less than 3 months to 4k?

What's the maximum amount desired? I know we could reduce collateral if the number dropped significantly if needed (500 DASH collateral if nodes less than 1000).

I'm curious because imagine if we end up with 4500 MNs at current total circulation. Over 4,500,000 million coins in reserve! Crazy!

In other news, this is the second morning around 6-8 am UTC where we got a big boost, let's hope we can use 0.0148 as a floor going forward!
DARKHOLDER
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March 23, 2016, 11:56:30 AM

hello 0.01500, good to see you again old friend  Grin
HI! Someone know when will  added on btc38 cny/dash pair?
TanteStefana2
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March 23, 2016, 01:05:41 PM


I wonder if it will be less than 3 months to 4k?

What's the maximum amount desired? I know we could reduce collateral if the number dropped significantly if needed (500 DASH collateral if nodes less than 1000).

I'm curious because imagine if we end up with 4500 MNs at current total circulation. Over 4,500,000 million coins in reserve! Crazy!

In other news, this is the second morning around 6-8 am UTC where we got a big boost, let's hope we can use 0.0148 as a floor going forward!

Evan originally had a goal of 3000.  I remember a long time ago, in the beginning, that 10,000 was mentioned as being "max" and too many.  He didn't want any more than that.  I guess at some point you have diminishing returns.  Remember, he wants to be able to require high speed and lots of storage.  Right now we don't need to run heavy duty VPSs but when Evolution kicks off, we'll need some minimum specifications, which will need to increase over time.  3000 powerful VPS is far more desirable than 10,000 weak ones.

I suspect that we won't be able to support more than 4000-4500 in the end

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
ddink7
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March 23, 2016, 01:14:30 PM


I wonder if it will be less than 3 months to 4k?

What's the maximum amount desired? I know we could reduce collateral if the number dropped significantly if needed (500 DASH collateral if nodes less than 1000).

I'm curious because imagine if we end up with 4500 MNs at current total circulation. Over 4,500,000 million coins in reserve! Crazy!

In other news, this is the second morning around 6-8 am UTC where we got a big boost, let's hope we can use 0.0148 as a floor going forward!

Maximum desirable masternodes depends on how his plan for Evolution has developed since the initial version of the Evo documents. Stef is correct; Evan wanted a minimum of 3k MNs in order for IX to be robust and secure. In order to get there, he programmed MN rewards to grow gradually from 20% to the current 45% of block rewards. I imagine that he is quite satisfied with our MN count for the present needs of the network.

In the initial version of the Evo documents, Evan stated that more transactions-per-second would be possible with more masternodes. Since each masternode could be a participant in X number of quorums at the same time, twice as many masternodes could participate in 2X quorums, which would increase the TPS throughput drastically. It's essentially sharding. He made one comment somewhere on BCT where he said that he wasn't going with that sort of sharding approach anymore, so I don't know where we stand exactly on maximum desirable masternode count.

AFAIK there is no maximum desirable number for our current network setup, but I could be wrong. I think it's just economically driven at this point (taking into consideration ROI, price, and so forth). People are fine with their share of rewards decreasing by half due to new masternodes if the price of Dash doubles in the process.

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tungfa
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March 23, 2016, 01:54:11 PM

Lamassu integration update:
‘little delay, hard at work, looking good’
 Wink
https://dashtalk.org/threads/dash-lamassu-integration-official-thread.7393/page-2#post-88886
Honest Tim
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March 23, 2016, 01:59:52 PM

1    Poloniex   DASH/BTC    $ 163,498   $ 6.30    57.18 %    Recently
2    Exmo   DASH/BTC    $ 57,872   $ 6.38    20.24 %    Recently
3    Livecoin   DASH/BTC    $ 16,073   $ 6.26    5.62 %    Recently
4    Bittrex   DASH/BTC    $ 15,717   $ 6.30    5.50 %    

 Shocked

Whoa! Thats support for you.
Honest Tim
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March 23, 2016, 02:09:24 PM

Lamassu integration update:
‘little delay, hard at work, looking good’
 Wink
https://dashtalk.org/threads/dash-lamassu-integration-official-thread.7393/page-2#post-88886

"The developer who was previously assigned to this task had not made any progress for almost a month..."


Little bitcoin maximalist sabotaging piece of xxxxx  Lips sealed Lips sealed Lips sealed
eduffield (OP)
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March 23, 2016, 03:02:11 PM


I wonder if it will be less than 3 months to 4k?

What's the maximum amount desired? I know we could reduce collateral if the number dropped significantly if needed (500 DASH collateral if nodes less than 1000).

I'm curious because imagine if we end up with 4500 MNs at current total circulation. Over 4,500,000 million coins in reserve! Crazy!

In other news, this is the second morning around 6-8 am UTC where we got a big boost, let's hope we can use 0.0148 as a floor going forward!

Evan originally had a goal of 3000.  I remember a long time ago, in the beginning, that 10,000 was mentioned as being "max" and too many.  He didn't want any more than that.  I guess at some point you have diminishing returns.  Remember, he wants to be able to require high speed and lots of storage.  Right now we don't need to run heavy duty VPSs but when Evolution kicks off, we'll need some minimum specifications, which will need to increase over time.  3000 powerful VPS is far more desirable than 10,000 weak ones.

I suspect that we won't be able to support more than 4000-4500 in the end

I've changed my mind about the `max` amount of Masternodes. With DashDrive and the new quorum structure we could have millions. Besides, I fit a model recently to try and project the masternode count. If we leave everything exactly the same, the model projects about a max of 9700 masternodes.

https://docs.google.com/spreadsheets/d/1RpLd87PTs65sz8USrrXwGRoVGVbzaC-nunErEtGSJoE/edit?usp=sharing

Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
Taylor05
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March 23, 2016, 03:19:09 PM



Look at the arbitrage opportunity here. Exmo is hungry for more Dash volume. If I had time, I would be buying at Polo and selling at Exmo over and over.
ddink7
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March 23, 2016, 03:19:44 PM


I wonder if it will be less than 3 months to 4k?

What's the maximum amount desired? I know we could reduce collateral if the number dropped significantly if needed (500 DASH collateral if nodes less than 1000).

I'm curious because imagine if we end up with 4500 MNs at current total circulation. Over 4,500,000 million coins in reserve! Crazy!

In other news, this is the second morning around 6-8 am UTC where we got a big boost, let's hope we can use 0.0148 as a floor going forward!

Evan originally had a goal of 3000.  I remember a long time ago, in the beginning, that 10,000 was mentioned as being "max" and too many.  He didn't want any more than that.  I guess at some point you have diminishing returns.  Remember, he wants to be able to require high speed and lots of storage.  Right now we don't need to run heavy duty VPSs but when Evolution kicks off, we'll need some minimum specifications, which will need to increase over time.  3000 powerful VPS is far more desirable than 10,000 weak ones.

I suspect that we won't be able to support more than 4000-4500 in the end

I've changed my mind about the `max` amount of Masternodes. With DashDrive and the new quorum structure we could have millions. Besides, I fit a model recently to try and project the masternode count. If we leave everything exactly the same, the model projects about a max of 9700 masternodes.

https://docs.google.com/spreadsheets/d/1RpLd87PTs65sz8USrrXwGRoVGVbzaC-nunErEtGSJoE/edit?usp=sharing

We are already at the 2017 number...nice!

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alex-ru
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March 23, 2016, 03:54:54 PM



Look at the arbitrage opportunity here. Exmo is hungry for more Dash volume. If I had time, I would be buying at Polo and selling at Exmo over and over.

Russia is coming...  Grin
We covered with Dash articles all main Bitcoin and IT medias here...

So if we don't want DASH to become "Russian coin" - we'd better increase our promotional efforts all around the world...  Roll Eyes

RomanL
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March 23, 2016, 04:16:46 PM

I've changed my mind about the `max` amount of Masternodes. With DashDrive and the new quorum structure we could have millions. Besides, I fit a model recently to try and project the masternode count. If we leave everything exactly the same, the model projects about a max of 9700 masternodes.
https://docs.google.com/spreadsheets/d/1RpLd87PTs65sz8USrrXwGRoVGVbzaC-nunErEtGSJoE/edit?usp=sharing

You wrote "shards will be stored multiple times on the network," and "T3 Masternode Quorum Actions is currently being written/rewritten," so I am wondering how do you anticipate the millions of Masternodes being possible, considering the limited supply of DASH?

Is is possible to share what do you plan to change?
kointrend
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March 23, 2016, 04:31:24 PM

After two years from the ATH, distribution and consolidation are in place.
Now it's time to do some scientific guess! (LOL)

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March 23, 2016, 06:09:42 PM

After two years from the ATH, distribution and consolidation are in place.
Now it's time to do some scientific guess! (LOL)


sorry, we decided some time ago to aim a bit higher then just the moon.
i corrected it for you  Wink


Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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March 23, 2016, 06:34:23 PM

hello 0.01500, good to see you again old friend  Grin
HI! Someone know when will  added on btc38 cny/dash pair?

Personally i think BTC38 is still monitoring / analysing the volume on DASH/BTC before adding an extra DASH/CNY pair,
but thats really a guess from my side. Perhaps best is to ask BTC38 directly, show them that there is an interest for it.

Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
kointrend
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March 23, 2016, 06:41:20 PM

sorry, we decided some time ago to aim a bit higher then just the moon.
i corrected it for you  Wink
My fault, thanks a lot to fix it  Cheesy
bigrcanada1
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March 23, 2016, 07:00:51 PM

Wow...EXMO is really stepping up to the plate.  Over 29% of the trading volume.  Good to see this spread around a bit more.  I've not traded on there yet...looks like I need to give it a shot. Wink
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