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TaoOfSaatoshi
Legendary
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Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
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August 01, 2016, 09:59:12 PM |
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bigrcanada1
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August 01, 2016, 11:39:29 PM |
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Hi, Morning HinnomTX...
I think you should reconsider about ETC, it has difficulty time bomb which will render mining futile soon enough. etc need dev to fix it to implement pos or stay pow. and i will not buy it before that matter clear.
Hey, good afternoon noobtrader. I think the ETH and ETC will find their own paths forward. It seems likely that ETC will continue PoW, and consensus to achieve that should face no resistance from miners, obviously. But yes, I agree that ETC faces some issues, and needs to attract talented developers. Risk-reward tradeoff still seems OK. Dash is still a solid bet even at this price. In my opinion...DASH is way under market capped. It should be BTC, ETH/ETC(what ever ends up with these 2), DASH in the top 3. LTC should have died off already..... Cyrtocurrencies need to move out of the dark ages... DASH, with it open team of developers and governance mechanisms, is poised to set the standard. Gone should be the days of pseudo handles and secret developers. This is real money now people are playing with and there needs to be transparency. Who is behind a "currency" is most important during its development stages. My take is DASH should be at least have the marketcap of LTC. IMHO. How the hell something like Steem coming out of no where is worth more then DASH is ridiculous. But slow and steady wins the race. Richard
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MasterMined710
Legendary
Offline
Activity: 1182
Merit: 1000
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August 02, 2016, 01:29:37 AM |
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Hi, Morning HinnomTX...
I think you should reconsider about ETC, it has difficulty time bomb which will render mining futile soon enough. etc need dev to fix it to implement pos or stay pow. and i will not buy it before that matter clear.
Hey, good afternoon noobtrader. I think the ETH and ETC will find their own paths forward. It seems likely that ETC will continue PoW, and consensus to achieve that should face no resistance from miners, obviously. But yes, I agree that ETC faces some issues, and needs to attract talented developers. Risk-reward tradeoff still seems OK. Dash is still a solid bet even at this price. In my opinion...DASH is way under market capped. It should be BTC, ETH/ETC(what ever ends up with these 2), DASH in the top 3. LTC should have died off already..... Cyrtocurrencies need to move out of the dark ages... DASH, with it open team of developers and governance mechanisms, is poised to set the standard. Gone should be the days of pseudo handles and secret developers. This is real money now people are playing with and there needs to be transparency. Who is behind a "currency" is most important during its development stages. My take is DASH should be at least have the marketcap of LTC. IMHO. How the hell something like Steem coming out of no where is worth more then DASH is ridiculous. But slow and steady wins the race. Richard i agree. DASH is way undervalued and is poised to explode upwards very soon. i expect the move to be massive and fully expect the masternode count to go down as people take some profits. steem is a 80% stealthmined/sneakmined/ninjamine premine that also had a fastmined pow to pos transition. so a few big fish like smooth will always control the coin and it will be centralized until they dump and crash the price. until then the price will stay high as only a few control the coin. the good news is that we no longer have to hear from the monero trolls as several of them and one of their core devs is knee deep in all the drama. their coin (monero) will now forever be tied to steem through funding by their core dev. bottom line is the monero trolls have had their Crypto police/CJW crypto justice warrior sheriff's badge stripped from them in a humiliating fashion. a few good monero folks who did not get in early have spoken out about the scam but the loudest anti-DASH trolls have been silent all the way to the bank, total hypocrites. it's really too bad because the underlying steem tech is very cool but i expect their fate will be similar to that of ethereum (cool tech too) and there will be a huge backlash. the price has already stalled and now i'm just waiting for the panic sale to commence.
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Taylor05
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August 02, 2016, 02:01:49 AM |
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Congratulations Dash On Another Record Market Cap!https://bitinfocharts.com/comparison/marketcap-dash.htmlOver $66 million - Wow! Here are some other interesting metrics for the month of July: - Masternode count finished at 4,106 (+9.1%) - Average daily price volatility is 2.4% (compared to 1.3% for Bitcoin) - Active addresses per day at 8.51k (+21.5%) - Transactions per day at 1.31k (+24.0%) - Transactions per address per day at 0.154 (+2.0%) - Total transactions 40,670 (+28.2%) - Average block size is 3.23k (+24.5%) - Average hashrate was 465 GH/s (+13.7%) - Average number of full nodes (including MNs) was 6,115 (+2.0%) - Reddit subscribers +5.6% - YouTube subscribers +46.4% - Marketcap now represents ~2.6% of the altcoin market, up from ~2.1% at the end of June.
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Riseman
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August 02, 2016, 02:11:18 AM |
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No full retracement after this year's pump yet, that's remarkable. I hope the Dash market will respond more to fundamentals than to Bitcoin swings in the future.
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tungfa
Legendary
Offline
Activity: 1834
Merit: 1023
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August 02, 2016, 02:58:29 AM |
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noobtrader
Legendary
Offline
Activity: 1456
Merit: 1000
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August 02, 2016, 03:13:26 AM |
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Hi, Morning HinnomTX...
I think you should reconsider about ETC, it has difficulty time bomb which will render mining futile soon enough. etc need dev to fix it to implement pos or stay pow. and i will not buy it before that matter clear.
Hey, good afternoon noobtrader. I think the ETH and ETC will find their own paths forward. It seems likely that ETC will continue PoW, and consensus to achieve that should face no resistance from miners, obviously. But yes, I agree that ETC faces some issues, and needs to attract talented developers. Risk-reward tradeoff still seems OK. Dash is still a solid bet even at this price. well, i guess etc will surely gain traction if they have clear path for future development but i wouldnt bet a lot on it. i rather buy dash and get MN reward and price appreciation combo.
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"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", satoshi@vistomail.com
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Lebubar
Legendary
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Activity: 1288
Merit: 1000
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August 02, 2016, 04:40:34 PM |
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Congratulations Dash On Another Record Market Cap!https://bitinfocharts.com/comparison/marketcap-dash.htmlOver $66 million - Wow! Here are some other interesting metrics for the month of July: - Masternode count finished at 4,106 (+9.1%) - Average daily price volatility is 2.4% (compared to 1.3% for Bitcoin) - Active addresses per day at 8.51k (+21.5%) - Transactions per day at 1.31k (+24.0%) - Transactions per address per day at 0.154 (+2.0%) - Total transactions 40,670 (+28.2%) - Average block size is 3.23k (+24.5%) - Average hashrate was 465 GH/s (+13.7%) - Average number of full nodes (including MNs) was 6,115 (+2.0%) - Reddit subscribers +5.6% - YouTube subscribers +46.4% - Marketcap now represents ~2.6% of the altcoin market, up from ~2.1% at the end of June. Well, that impressive. Can you tell us how you compute those statistics? (in case you compute them on a daily basis, should it be possible to make an internet page with those graphics updated every day?) And what means exactly "Active addresses per day" (for example this include the address of MN payments?) Anyway these data show us the growing of our network!
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qwizzie
Legendary
Offline
Activity: 2548
Merit: 1245
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August 02, 2016, 05:40:24 PM |
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August 2016 Development Updatehttps://www.dash.org/forum/threads/august-2016-development-update.10018/#post-100648Hello Everyone!
I wanted to take some time to update the community about the state of the project and our current work. As you likely know, I recently returned from the d10e conference, where I met a number of volunteers and enthusiasts from the community. We also established many new industry connections. Conferences are incredibly useful, and they remind us that the world has not been exposed to enough information about Dash for it to reach more than a small subset of people even within a community like d10e. Nine of ten people I personally spoke to were completely unaware of what we’re doing, but as they learned about it most became incredibly excited to hear something like this was being created. Dash-only features like self-governance, self-funding, decentralized api access, interest bearing accounts and masternodes were the features these investors were most excited about.
After returning from the conference, we’re quickly picking up where we left off on 12.1. This is a critical phase of development, far more than at any point we’ve been in the past. This is the phase where we need to anticipate as many use cases as possible for the evolution software, since providing new functionality at a later stage will be more complex. Therefore, this phase is arguably more important than it would be in a centralized company, as we have seen from other projects in the space, due to the complexity of altering decentralized systems after they are in the wild.
There are currently two separate teams developing the next version of Dash. These are the Evolution team, and dash-core. The Evolution team is tasked with creating a simple user interface to provide a secure, fun, and easy user experience. While this sounds simple, it’s nothing of the sort. The team is building three separate wallets for different audiences. These are going to be the personal-client, merchant-client, and operator-client. The personal-client provides the most simple experience, allowing end-users to engage in social commerce with friends and in transactions with merchants who list their apps and services within a decentralized marketplace in Evolution. The merchant-client will enable the merchants to manage their product and service listings, customer payments, and subscriptions in Evolution. The operator-client enables Masternode operators, moderators, and other incentivized roles to access their functions from a simple client.
The team is also building the decentralized REST API to be hosted on the Masternode network and a set of SDKs for major platforms. Together, these capabilities will enable merchants to quickly and easily integrate decentralized Dash transactions into any website or app, and without the need to host a Dash node of their own. Integrating Dash into a website or app will be as simple as integrating a few lines of code, similar to what payment gateway providers like Braintree and Stripe provide for online merchants. This will significantly reduce the barriers to digital currency adoption for online merchants, allowing them to integrate Dash within hours and without the need for third-party services, fees, or infrastructure.
On the dash-core side, the team has been working on general usability/stability of 12.1. We are also integrating a basic version of dashdrive into the system. Dashdrive is the storage mechanism that sentinel+dashd use to store information on the network. At this point it is in a basic state that allows for objects to be created and stored as they will in the future. However the current storage capacity is quite small presently. For now, we will only be storing governance system data, mirroring the system setup for budgets from 12.0.
After the release of 12.1, utilizing this new technology to build our budgets, we will begin adding additional required pieces of functionality to integrate the two sides of the project. This involves beginning to use dashdrive as it was intended, as a storage mechanism for user data. New functionalities such as creation of users, groups, accounts and the ability to pay-to-url will be next on the development roadmap.
12.1 is also going to be something of a “pre-alpha” for Evolution. This means it will be able to store some of the basic data structures required for a user to register their Evolution account and be able to use it in basic ways. Many of the more advanced functionalities will first be exposed via CLI, allowing more experienced users access into the system before we implement the features into the evo-client.
As for current testing process, after d10e we have been busy onboarding some new highly-skilled developers into the core-team, which will be helping us to thoroughly test and refine 12.1 and will continue into 12.2 development. This additional capacity and expertise will accelerate the pace and quality of testing, bug-fixing, and ongoing core development, and allow progress to continue unabated even when my time may be required for events or business-related needs.
Testing is currently progressing for 12.1, and we are presently working on getting superblocks to be created and accepted on the network. This introduces a lot of new code and needs some work before community-wide public testing would be beneficial. The current one is a process of debugging thousands of new lines of code, and making sure most of the work flows are tested and function on a basic level without critical errors. We should expect to shift to public testing of version 12.1 within the next two weeks.
Thanks!
eduffield, Today at 6:10 PM Fantastic news, specially about : As for current testing process, after d10e we have been busy onboarding some new highly-skilled developers into the core-team, which will be helping us to thoroughly test and refine 12.1 and will continue into 12.2 development. This additional capacity and expertise will accelerate the pace and quality of testing, bug-fixing, and ongoing core development, and allow progress to continue unabated even when my time may be required for events or business-related needs.
and We should expect to shift to public testing of version 12.1 within the next two weeks.
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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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qwizzie
Legendary
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Activity: 2548
Merit: 1245
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August 02, 2016, 06:13:29 PM Last edit: August 02, 2016, 06:38:15 PM by qwizzie |
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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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Otoh
Donator
Legendary
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Activity: 3108
Merit: 1166
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August 02, 2016, 06:14:00 PM Last edit: August 02, 2016, 07:46:05 PM by Otoh |
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Ooops, https://www.bitfinex.com/ hacked, DASH not affected
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qwizzie
Legendary
Offline
Activity: 2548
Merit: 1245
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August 02, 2016, 06:20:23 PM |
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Only BTC seems to be effected
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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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Walter_S
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August 02, 2016, 06:34:09 PM |
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Yes, it's a complete shitshow. Expect further shocks to the ecosystem. I don't trade personally so keep all my coins in cold storage; but to anyone who does keep coins on exchanges - I recommend you keep them off unless completely necessary & if they're on an exchange accept the risk that you might lose them. The sooner we have a proper multi-currency decentralized exchange the better. Walter http://blog.bitfinex.com/uncategorized/security-breach/As I said the other day... It's a clusterfucking shitshow everyone! Walter
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Otoh
Donator
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Activity: 3108
Merit: 1166
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August 02, 2016, 06:40:50 PM |
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Only BTC seems to be effected Yep, mostly I meant that it's a good thing we aren't traded there any more
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qwizzie
Legendary
Offline
Activity: 2548
Merit: 1245
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August 02, 2016, 06:46:37 PM |
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Only BTC seems to be effected Yep, mostly I meant that it's a good thing we aren't traded there any more dont tell anyone but after having not traded over there for over 2 years (ever since they removed Darkcoin there) i very very recentely started trading there, and then of course this happens .. at least i didnt have any bitcoin on there at this specific time, a big relief. but i agree, its a good thing Dash isn't traded there anymore .. it could have easily became a target as well.
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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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Walter_S
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August 02, 2016, 07:00:31 PM |
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Only BTC seems to be effected Yep, mostly I meant that it's a good thing we aren't traded there any more dont tell anyone but after having not traded over there for over 2 years (ever since they removed Darkcoin there) i very very recentely started trading there, and then of course this happens .. at least i didnt have any bitcoin on there at this specific time, a big relief. but i agree, its a good thing Dash isn't traded there anymore .. it could have easily became a target as well. Maybe a bit of my avatar is seeping into me but shit like this Bitfinex hack gets me really angry. Just when the ecosystem looks like it could explode in adoption shit like Eth/dao and BTC hacks come along and fuck the whole thing into a cocked hat. Anyway... hopefully Dash will be unaffected and may even pick up some more support from this. I just hope it doesn't overshadow the real news today which is that the Dash team have just released another stonking update jam packed with positive news for the project Walter
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Lebubar
Legendary
Offline
Activity: 1288
Merit: 1000
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August 02, 2016, 08:33:32 PM |
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BUMP. August 2016 Development Updatehttps://www.dash.org/forum/threads/august-2016-development-update.10018/#post-100648Hello Everyone!
I wanted to take some time to update the community about the state of the project and our current work. As you likely know, I recently returned from the d10e conference, where I met a number of volunteers and enthusiasts from the community. We also established many new industry connections. Conferences are incredibly useful, and they remind us that the world has not been exposed to enough information about Dash for it to reach more than a small subset of people even within a community like d10e. Nine of ten people I personally spoke to were completely unaware of what we’re doing, but as they learned about it most became incredibly excited to hear something like this was being created. Dash-only features like self-governance, self-funding, decentralized api access, interest bearing accounts and masternodes were the features these investors were most excited about.
After returning from the conference, we’re quickly picking up where we left off on 12.1. This is a critical phase of development, far more than at any point we’ve been in the past. This is the phase where we need to anticipate as many use cases as possible for the evolution software, since providing new functionality at a later stage will be more complex. Therefore, this phase is arguably more important than it would be in a centralized company, as we have seen from other projects in the space, due to the complexity of altering decentralized systems after they are in the wild.
There are currently two separate teams developing the next version of Dash. These are the Evolution team, and dash-core. The Evolution team is tasked with creating a simple user interface to provide a secure, fun, and easy user experience. While this sounds simple, it’s nothing of the sort. The team is building three separate wallets for different audiences. These are going to be the personal-client, merchant-client, and operator-client. The personal-client provides the most simple experience, allowing end-users to engage in social commerce with friends and in transactions with merchants who list their apps and services within a decentralized marketplace in Evolution. The merchant-client will enable the merchants to manage their product and service listings, customer payments, and subscriptions in Evolution. The operator-client enables Masternode operators, moderators, and other incentivized roles to access their functions from a simple client.
The team is also building the decentralized REST API to be hosted on the Masternode network and a set of SDKs for major platforms. Together, these capabilities will enable merchants to quickly and easily integrate decentralized Dash transactions into any website or app, and without the need to host a Dash node of their own. Integrating Dash into a website or app will be as simple as integrating a few lines of code, similar to what payment gateway providers like Braintree and Stripe provide for online merchants. This will significantly reduce the barriers to digital currency adoption for online merchants, allowing them to integrate Dash within hours and without the need for third-party services, fees, or infrastructure.
On the dash-core side, the team has been working on general usability/stability of 12.1. We are also integrating a basic version of dashdrive into the system. Dashdrive is the storage mechanism that sentinel+dashd use to store information on the network. At this point it is in a basic state that allows for objects to be created and stored as they will in the future. However the current storage capacity is quite small presently. For now, we will only be storing governance system data, mirroring the system setup for budgets from 12.0.
After the release of 12.1, utilizing this new technology to build our budgets, we will begin adding additional required pieces of functionality to integrate the two sides of the project. This involves beginning to use dashdrive as it was intended, as a storage mechanism for user data. New functionalities such as creation of users, groups, accounts and the ability to pay-to-url will be next on the development roadmap.
12.1 is also going to be something of a “pre-alpha” for Evolution. This means it will be able to store some of the basic data structures required for a user to register their Evolution account and be able to use it in basic ways. Many of the more advanced functionalities will first be exposed via CLI, allowing more experienced users access into the system before we implement the features into the evo-client.
As for current testing process, after d10e we have been busy onboarding some new highly-skilled developers into the core-team, which will be helping us to thoroughly test and refine 12.1 and will continue into 12.2 development. This additional capacity and expertise will accelerate the pace and quality of testing, bug-fixing, and ongoing core development, and allow progress to continue unabated even when my time may be required for events or business-related needs.
Testing is currently progressing for 12.1, and we are presently working on getting superblocks to be created and accepted on the network. This introduces a lot of new code and needs some work before community-wide public testing would be beneficial. The current one is a process of debugging thousands of new lines of code, and making sure most of the work flows are tested and function on a basic level without critical errors. We should expect to shift to public testing of version 12.1 within the next two weeks.
Thanks!
eduffield, Today at 6:10 PM Fantastic news, specially about : As for current testing process, after d10e we have been busy onboarding some new highly-skilled developers into the core-team, which will be helping us to thoroughly test and refine 12.1 and will continue into 12.2 development. This additional capacity and expertise will accelerate the pace and quality of testing, bug-fixing, and ongoing core development, and allow progress to continue unabated even when my time may be required for events or business-related needs.
and We should expect to shift to public testing of version 12.1 within the next two weeks.
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