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

[Minotaur26]

If you are following the DAO debacle you have to read this:

https://www.cryptocoinsnews.com/exclusive-full-interview-transcript-alleged-dao-attacker/

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[toknormal]

If you are following the DAO debacle you have to read this:

https://www.cryptocoinsnews.com/exclusive-full-interview-transcript-alleged-dao-attacker/

Interesting chess match between the attacker (who says he isn't an attacker) and Ethereum politburo.

Will they stick a fork in it or cave ?

[Melnik]

there is already popcorn shortage because of this situation. 

[Taylor05]

Proposal: Integration With A Flagship Merchant

Meanwhile, back in the land of practical strategy and delivery...

https://www.dash.org/forum/threads/proposal-integration-with-a-flagship-merchant.9200/

[Minotaur26]

This is a great article by Ira Miller, discussing the importance of governance in smart contract networks. It discusses the DAO hack, Ethereum and Dash


https://medium.com/@gitguild/not-too-late-for-humans-to-save-ethereum-2f42f5fdfb75#.k379hbiu3

[wackyD]

https://bitcointalk.org/index.php?topic=1516987.msg15266381#msg15266381
https://bitcointalk.org/index.php?topic=1516913.0



thats indeed high quality trolling, something our regular Icetroll seems incapable of...

Agreed. This is ADVANCED trolling.. Higher level alpha shit. sHITBREAKER and Co. need to take a page and try break dash instead of vomiting the same stuff over and over again..

[gerhard]

"MNs receive 45% of block reward, one MN at a time. They all stand in a queue 90% of a time and then there is last 10% which is probabilistic."

I have always wondered if is it possible for a miner to pick from the 10% of MNs ready for payment one that they control. In this way, miners could game the system by paying their MNs at a faster rate than the general population. I wish the payment scheme was a little more deterministic than 10%, which is almost 400.

You are misunderstanding. It is probabilistic AND deterministic. The miner doesn't have a choice about which masternode to pay. Which masternode the miner must select is determined by the previous block's hash. It truly is random and outside the control of the miner.

Ah, that makes sense.

But I have an issue with how much work a full node seems to need to do to come up with the winners list. Is there no way to optimize this? Also, how about limiting the winners to the top 100 instead of top 10%, so that we don't have as great a variance in the days to payment. Thanks.

[PovertyByte]

I'm new. I downloaded MinersGate with a grain of salt and it would seem that Dash is profitable for me to mine based on how much I can earn and what the value is.

I did not notice anything in the OP post indicating the last date it was edited. If I did, I missed it. I would just like to know if there are better Dash miners than what is listed in the OP post as well as wallets, or is that still considered the go to since it is from Dash?

There is also something I would like to understand a bit more. This is from a Monero thread: https://bitcointalk.org/index.php?topic=583449.msg15266797#msg15266797

I just realized DASH does not have an anonymizing layer for its MN owners...from what I understand XMR uses i2p to protect miners running nodes ? Also allows us to connect to i2p/tor from wallet?


That is DASH killer IMO....as a new comer to your community I see this as very valuable. The DASH team cant even get the MN owners to vote on implementing an anonymizing layer.

Dash offers an anonymous service to it's end users yet with very little protection to the identity and location of MN operators themselves. Because MNs operate over public IPs, they are potentially exposing themselves to complicity in any illegal activity occurring over the network. Very few MNs run through VPNs. In fact, more than 52% of MNs are operating on just four centralised cloud services. This creates potential liabilities that could stunt end user adoption.

What about this, is this really a problem? (Let's avoid a dash vs. monero debate)

[iCEBREAKER]

https://bitcointalk.org/index.php?topic=1516987.msg15266381#msg15266381
https://bitcointalk.org/index.php?topic=1516913.0



thats indeed high quality trolling, something our regular Icetroll seems incapable of...

Agreed. This is ADVANCED trolling.. Higher level alpha shit. sHITBREAKER and Co. need to take a page and try break dash instead of vomiting the same stuff over and over again..

You guys are so mean!   

Granted the DAO pwnage is >> than my wisecrack about shilling in an echo chamber, but at least one Dashhole thought it was painfully funny.   

In the unlikely event Dash ever becomes valuable enough to be worth attacking, we'll see a crappy sequel to the present DAOpocalypse.

I posted Professor Sirer' warning about the dangers of "distributed" orgs based on shaky software foundations here weeks ago, but it was removed.

Funny how it's suddenly on-topic.

Anyway, here is a book length education on some things you don't understand: https://mises.org/library/democracy-god-failed-1

It's time to call for a moratorium on DGBB until smart contracts may be composed of secure, well-tested cryptographic primitives.

This doesn't just go for Dash, the DAO debacle is a wake up call for all the smart contract hubris and hopium addicts.

Can you spot the irony in this prescient old post?

Anybody notice all the commotion on dash forums? Seems like we got quite a few upset individuals about the DGBB system. Trying to get a better idea of what's going on if anybody has any insights.

"Distributed Governance By Blockchain" was always a hopeless pipe dream at odds with the actual reality that Duffield 100% controls Dash.

The recursive "reinvent all the things, with moar shiny blockchains and trendy decentralizations" was never going to lead anywhere but endless frustration.

[Minotaur26]

I'm new. I downloaded MinersGate with a grain of salt and it would seem that Dash is profitable for me to mine based on how much I can earn and what the value is.

I did not notice anything in the OP post indicating the last date it was edited. If I did, I missed it. I would just like to know if there are better Dash miners than what is listed in the OP post as well as wallets, or is that still considered the go to since it is from Dash?

There is also something I would like to understand a bit more. This is from a Monero thread: https://bitcointalk.org/index.php?topic=583449.msg15266797#msg15266797

I just realized DASH does not have an anonymizing layer for its MN owners...from what I understand XMR uses i2p to protect miners running nodes ? Also allows us to connect to i2p/tor from wallet?


That is DASH killer IMO....as a new comer to your community I see this as very valuable. The DASH team cant even get the MN owners to vote on implementing an anonymizing layer.

Dash offers an anonymous service to it's end users yet with very little protection to the identity and location of MN operators themselves. Because MNs operate over public IPs, they are potentially exposing themselves to complicity in any illegal activity occurring over the network. Very few MNs run through VPNs. In fact, more than 52% of MNs are operating on just four centralised cloud services. This creates potential liabilities that could stunt end user adoption.

What about this, is this really a problem? (Let's avoid a dash vs. monero debate)

Masternode geographical and hosting distribution is very healthy





Also, in the services masternodes secure for the network like instant transaction locking or mixing, the 51% mining issue does not exist. You would need a much higher threshold of control to affect those services  around 80% plus depending on the service. 51% in masternodes means nothing and even if it did distribution is way better than that.

You can follow the statistics here

http://178.254.23.111/~pub/Dash/Dash_Info.html

I wont get into comparisons but you need to understand that Dash is a project that is working on improving the whole cryptocurrency experience and this includes, instantly secure transactions, better governance, self funding, better fungibility and privacy, a more friendly user experience, market ramps and it will continue to evolve.  Typically other projects that are working on a specific item of that list try to frame the conversation over that specific aspect disregarding everything else. When in reality Dash is creating an overall better digital currency experience.

About the issue of legality Dash nodes are no different than Bitcoin full nodes or miners, they have no responsibility over transactions that go through the nodes as long as they have no knowledge of the content of the transactions transiting through their nodes.

I have personally being told by legal advisers that this is not different than the regulation of Tor nodes. But crypto is a new field and I am sure crypto regulation will continue to evolve and become more clear.  My understanding is that there is no difference between Dash regulation and Bitcoin regulation, but still each user should look into their local laws so dont take this as legal advice is just my view on the matter and it does not constitute investment advice either.



 

[Taylor05]

Proposal: Evolution Development - X11 Hash Port Funding

https://www.dash.org/forum/threads/proposal-evolution-development-x11-hash-port.9201/

[toknormal]

About the issue of legality Dash nodes are no different than Bitcoin full nodes or miners, they have no responsibility over transactions that go through the nodes as long as they have no knowledge of the content of the transactions transiting through their nodes.

See:

https://www.reddit.com/r/btc/comments/4oq6rj/if_you_think_dao_was_fun_just_wait_until_bob/

https://www.reddit.com/r/btc/comments/4ooksz/because_of_the_blocksize_limit_and_network/

[bigrcanada1]

I posted the following on the Dash Forum....


Hi,

I'm looking to invest into placing a number of BTC ATM's in my area. Any machines that take both DASH & BTC? or other alts?

Thanks....Richard

[Minotaur26]

I posted the following on the Dash Forum....


Hi,

I'm looking to invest into placing a number of BTC ATM's in my area. Any machines that take both DASH & BTC? or other alts?

Thanks....Richard

Go for Lamassu then www.lamassu.is  I will PM you some info that might help.

[bigrcanada1]

I posted the following on the Dash Forum....


Hi,

I'm looking to invest into placing a number of BTC ATM's in my area. Any machines that take both DASH & BTC? or other alts?

Thanks....Richard

Go for Lamassu then www.lamassu.is  I will PM you some info that might help.

Thank M. 

[xxxgoodgirls]

Might ATMs installations be a profitable business in your opinion?
Taxes and  poor mass adoption look like big obstacles to me.

[bigrcanada1]

Might ATMs installations be a profitable business in your opinion?
Taxes and  poor mass adoption look like big obstacles to me.

Not so worried about the taxes...as the actual profit margin is narrow.  For me its more of a community service...the nearest BTC ATM is 400km away.  The Okanangan Valley has a very robust crypto community and the last operator shut down.  We need people to provide portals into the crypto world, its a service that those of us that can...should provide as a crypto community service in my opinion.

[Mrpumperitis]

i come in peace,lol as always bros,lol...,was thinkin dash a bit into dash...wot did i miss lol did evan do a dao too lol wheres the liquidity on polo? how long it been so dried 4? no spreaaaaad ...o and wheres mr spread,lol

[bigrcanada1]

The trading is finally spreading around...Polo is now less the 49% of the trading volume for DASH.  Thats great news....  Just saying.

[Sub-Ether]

This is a great article by Ira Miller, discussing the importance of governance in smart contract networks. It discusses the DAO hack, Ethereum and Dash


https://medium.com/@gitguild/not-too-late-for-humans-to-save-ethereum-2f42f5fdfb75#.k379hbiu3

Funnily enough the hacker says hes done nothing wrong, and that rolling back the eth chain would be illegal.
http://www.altcointoday.com/self-proclaimed-dao-attacker-cautions-against-hard-fork-deployment/

The tweet in question stated:

“I have carefully examined the code of the DAO and decided to participate after finding the feature is rewarded with additional ether. I have made use of this feature and have rightfully claimed 3,641,694 ether, and would like to thank the DAO for this reward. It is my understanding that the DAO code contains this feature to promote decentralization and encourage the creation of ‘child DAOs.’

“I am disappointed by those who are characterizing the use of this intentional feature as ‘theft.’ I am making use of this explicitly coded feature as per the smart contract terms and my law firm has advised me that my action is fully compliant with United States criminal and tort law. For reference please review the terms of the DAO:

Academic Emin Gün Sirer, who called for a moratorium on DAO activity when he co-discovered issues with its code last month, told CoinDesk he’s not sure if Tual is correct that The DAO is certainly closing.