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

[TanteStefana2]

Tnks Tante, I always try to do my best

We have some logistical problems due the terrorist attacks in Belgium . 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  

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

[tungfa]

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

[kointrend]

Just another ATH (3649)  
http://178.254.18.153/~pub/masternode_count.png

[G.avinMcInnes]

Just another ATH (3649)  
http://178.254.18.153/~pub/masternode_count.png

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]

hello 0.01500, good to see you again old friend 

HI! Someone know when will  added on btc38 cny/dash pair?

[TanteStefana2]

Just another ATH (3649)  
http://178.254.18.153/~pub/masternode_count.png

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

[ddink7]

Just another ATH (3649)  
http://178.254.18.153/~pub/masternode_count.png

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.

[tungfa]

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

[Honest Tim]

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 %    

 

Whoa! Thats support for you.

[Honest Tim]

Lamassu integration update:
‘little delay, hard at work, looking good’
 
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  

[eduffield]

Just another ATH (3649)  
http://178.254.18.153/~pub/masternode_count.png

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

[Taylor05]

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]

Just another ATH (3649)  
http://178.254.18.153/~pub/masternode_count.png

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!

[alex-ru]

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... 
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... 

[RomanL]

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]

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

[qwizzie]

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 

[qwizzie]

hello 0.01500, good to see you again old friend 

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.

[kointrend]

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

My fault, thanks a lot to fix it  

[bigrcanada1]

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.