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Minotaur26
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July 05, 2016, 01:55:40 PM |
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TanteStefana2
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July 05, 2016, 06:52:33 PM |
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Yup, and well done ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Another proud lifetime Dash Foundation member ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) 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
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toknormal
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July 05, 2016, 09:16:25 PM |
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Otoh
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July 05, 2016, 10:04:10 PM |
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toknormal
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July 05, 2016, 10:19:31 PM |
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LoL ! That video is hilarious. I've still got a chunk of Ether. Just decided I'd let it swim or sink with the ship. Pretty huge project to get so crisis-ridden - there are people around who dumped their entire bitcoin holdings to go all in thinking it was going to take over entirely. I even saw some on Zerohedge who had done that.
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Otoh
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July 05, 2016, 10:40:22 PM |
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Time for a little off topic maybe ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FZXI9q1o.png&t=665&c=yFolHUp5Syorhw)
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Otoh
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July 05, 2016, 10:43:50 PM |
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& here's one from yesterday, a peek at the NSAero troll factory working overtime ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fmedia2.8ch.net%2Fpol%2Fsrc%2F1467666766560-2.jpg&t=665&c=Z9n49TLmkfOvOQ)
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stealth923
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July 05, 2016, 10:56:37 PM |
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Whoa that's a big jump. Not far from 4000 now
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buypal
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July 06, 2016, 12:54:40 AM |
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I want to buy more dash to run more masternode, is it the good time to do so? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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Otoh
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July 06, 2016, 12:59:45 AM |
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gusterdd
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July 06, 2016, 07:47:32 AM |
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Whoa that's a big jump. Not far from 4000 now To be 4000, withdraw coins from poloniex, etc... About 2500*1000 coins would be out of control. If you have skill to observe transactions, please check 2500*1000 coins 3900*1000(masternode) + 100*1000(exchange site) = 4000*1000 coins
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Interest : Mining Rig, Bitcoin, Litecoin, Ethereum, Monero, Dash, Bitshare
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TaoOfSaatoshi
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Dash Nation Founder | CATV Host
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July 06, 2016, 10:10:01 AM |
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Otoh
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July 06, 2016, 10:55:14 AM Last edit: July 06, 2016, 11:07:52 AM by Otoh |
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Just out of curiosity I notice that the ask wall of 0.015 is at $10/DASH with BTC being $666.66 etc (the BTC price atm approx) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FnIAD09v.png&t=665&c=PbZDjxuAIbMB4g) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F1HfzqxS.png&t=665&c=toZwkwtKjfNJvA)
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110110101
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July 06, 2016, 11:04:38 AM |
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I thought the interview was pretty good. Amanda B. Johnson did a lot better than I possibly could have responded ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Thanks Tao for posting the rebuttal, it's good to read about some counterclaims in regards to what was stated in the interview. I found the security <-> electricity burning to be interesting as I didn't really see the connection. Sure it costs to produce the hashes and thus making it "expensive" to acquire a 51% attack on the network. But I do think that the 9000 USD/day security claim was a bit exaggerated. If the miner reward is reduced it is not the same as reducing the security for the network, unless they claim that if it is unprofitable to mine, then no one will do so.
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tungfa
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July 06, 2016, 04:18:18 PM |
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Solarminer
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July 06, 2016, 06:46:08 PM |
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I thought the interview was pretty good. Amanda B. Johnson did a lot better than I possibly could have responded ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Thanks Tao for posting the rebuttal, it's good to read about some counterclaims in regards to what was stated in the interview. I found the security <-> electricity burning to be interesting as I didn't really see the connection. Sure it costs to produce the hashes and thus making it "expensive" to acquire a 51% attack on the network. But I do think that the 9000 USD/day security claim was a bit exaggerated. If the miner reward is reduced it is not the same as reducing the security for the network, unless they claim that if it is unprofitable to mine, then no one will do so. We will see how the hashrate changes in 3 days when Bitcoin halves. We should be able to draw a line before the halving and after the having and see a significant drop in hashrate. It might take a month to make all the changes, but it should happen. Yes, the correlation between $ spent on mining is a direct ratio to hashrate. So (relative to market cap) security is lost when some of the reward goes to other uses. But how much is needed to secure the network? Maybe we only need 1%. And adding masternodes and a budget is a far better use and adds security in other ways. $9000/day is related to how much is spent on electricity for miners....not based on how much ASICs will cost to get 51% of the hashrate needed actually perform the attack. See this thread with some numbers behind it. https://www.dash.org/forum/threads/amanda-b-johnson-bitcoinuncensored.9652/#post-98872
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TanteStefana2
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July 06, 2016, 08:07:42 PM |
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I just want to say that the very last point on the collateral of Masternodes, not being at stake to be lost, has nothing to do with how they secure the network. The Number one reason for the collateral is so that no one person can own a majority of Masternodes period. Because of this, any Masternode trying to secure a double spend, or pass on any malicious thing, will be rejected by the network. Statistics of what it would take to, say, gain control (and it would require complete control) of a quorum to manipulate transactions or gather information, are astronomical. The argument implies that MN owners are trusted to do the right thing to protect their investment. This wouldn't be true if you had the goal of destroying Dash at any cost. What is true is that at astronomical cost, you still couldn't destroy Dash.
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Another proud lifetime Dash Foundation member ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) 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
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