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

[Walter_S]

It's amazing how the Dash price never fails to go on a bit of a run as soon as the trolls turn up...

More trolling please!

Walter

[1714535620]

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[1714535620]

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[1714535620]

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[noobtrader]

awesome reply  

1. Monero picked up the anon baton after Darkcoin intentionally threw it away.  Darkcoin voluntarily abandoned its brand and association with/quest for privacy/fungibility. 


2. We should note that *IF* Monero people wanted to make silly stuff like soda machines and ATMs, these feats would be accomplished with much less hassle/drama/expense

3. Peter Todd's savage "cargo cult" tweet

1.

Dash De-anonymization Contest

Icebreaker and other trolleros: I have donated $1 to Monero's development team. I sent 0.25 Dash (TX ID: 59d51690d4b56ddbf1e393fa8d3a49bcfc3247f270f36be3b6ee411802666cba-000) to shapeshift.io, which converted it to Bitcoin and sent it to the official Monero donation address listed at https://getmonero.org/getting-started/donate/.

I challenge you to de-anonymize this transaction. To make it just a little easier, I only used four rounds of Darksend, so it's exponentially less private than it would be with the maximum eight rounds.

Please tell me what address this transaction originated from.

Cheers!

2. I would love to double spend a monero soda machine. Or i guess i could wait 10 minutes for a coke while it fully confirms, lol. Dash Instantsend FTW!
It took monero over 2.5 years to release a official GUI so we could probably expect a double spend soda machine and atm sometime in the next decade or two.

3.

[customer73]

Hello people,

I am studying to put online 1 or 2 masternode in VPS server with Windows s.o.

I have looked at this link:
http://Https://dashpay.atlassian.net/wiki/display/DOC/Simple+MN+on+a+Windows+machine

Can this configuration work well?

Can I have 2 masternodes with a single wallet?   
I guess 2 address with 1000 dash,
Is that correct?

Thank you

[BrainShutdown]

Hello people,

I am studying to put online 1 or 2 masternode in VPS server with Windows s.o.

I have looked at this link:
http://Https://dashpay.atlassian.net/wiki/display/DOC/Simple+MN+on+a+Windows+machine

Can this configuration work well?

Yes. At least until the next version is released.

https://www.dash.org/forum/threads/12-1-announcement-finalized-date-project-update.12614/

Can I have 2 masternodes with a single wallet?  
I guess 2 address with 1000 dash,
Is that correct?

Yes. Correct  

see https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=1867877

[moocowmoo]

Hello people,

I am studying to put online 1 or 2 masternode in VPS server with Windows s.o.

I have looked at this link:
http://Https://dashpay.atlassian.net/wiki/display/DOC/Simple+MN+on+a+Windows+machine

Can this configuration work well?

Yes. At least until the next version is released.

Can I have 2 masternodes with a single wallet?   
I guess 2 address with 1000 dash,
Is that correct?

Yes. Correct 

No, that's not correct.

The tutorial referenced is for a hot-masternode, local configuration, which would only have one ip address.

Each masternode needs its own ip address, so you're limited to one /for that setup/.

If you want to set up two masternodes, your second one will have to be on another ip address.

You can either setup your own remote vps instance:

https://status.bolehvpn.net/2016/02/07/what-is-a-dash-masternode-and-how-do-i-set-up-one/
https://www.dash.org/forum/threads/taos-masternode-setup-guide-for-dummies-updated.2680/

Or pay a masternode provider to do it for you:

https://masternode.me/
https://node40.com/
more: https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=1867885

HTH

[customer73]

Hello people,

I am studying to put online 1 or 2 masternode in VPS server with Windows s.o.

I have looked at this link:
http://Https://dashpay.atlassian.net/wiki/display/DOC/Simple+MN+on+a+Windows+machine

Can this configuration work well?

Yes. At least until the next version is released.

And after that this version be released?
It's in February, right?
What do we have to do?

[customer73]

No, that's not correct.

The tutorial referenced is for a hot-masternode, local configuration, which would only have one ip address.

Each masternode needs its own ip address, so you're limited to one /for that setup/.

If you want to set up two masternodes, your second one will have to be on another ip address.

You can either setup your own remote vps instance:

https://status.bolehvpn.net/2016/02/07/what-is-a-dash-masternode-and-how-do-i-set-up-one/
https://www.dash.org/forum/threads/taos-masternode-setup-guide-for-dummies-updated.2680/

Or pay a masternode provider to do it for you:

https://masternode.me/
https://node40.com/
more: https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=1867885

HTH

Thank you men !!!!
Then, I will study using one with 1 masternode provider.
And in the future maybe the 2 masternode in a masternode provider. (Outsourcing)

[moocowmoo]

Hello people,

I am studying to put online 1 or 2 masternode in VPS server with Windows s.o.

I have looked at this link:
http://Https://dashpay.atlassian.net/wiki/display/DOC/Simple+MN+on+a+Windows+machine

Can this configuration work well?

Yes. At least until the next version is released.

And after that this version be released?
It's in February, right?
What do we have to do?

Simply update the wallets on both sides (local/remote. service providers do the remote side for you), launch, wait for blockchain reindex. (an hour or three depending on hardware)

Once both wallets are up-to-date ('getinfo' will show the same block height), issue 'masternode start-missing' from the funded, local wallet.

Check the remote masternode(s) have started with (on the remote machine(s)) 'masternode debug'

Have a beer.

[BrainShutdown]

No, that's not correct.

The tutorial referenced is for a hot-masternode, local configuration, which would only have one ip address.

You're right, missed that.

@customer73 you should really try the local/remote setup as it's easier to keep a greater level of security regarding your funds

[qwizzie]

Meanwhile new ATH! 4281 MNs  
http://178.254.23.111/~pub/masternode_count.png

4284  MNs

I have to say it was a bit unexspected, seeing the masternode numbers jump from 4220 to 4281/4284
Thats a nice increase in active number of masternodes.

[TaoOfSaatoshi]

That's right, Roger! Dash's features are Ver-y Cool!



https://youtu.be/ukKXA1sYRGQ

#DashNation #CashAlternative

Great video Tao, let's see what Mr BitcoinJesus has to say about the matter!

Thanks! It was fun to make. I'd love to see a reply from Roger!

[vlom]

i would like to set up a mosternode too. i almost started. but then i read that you need 1000 dash. we do you need 1000 dash to have a masternode? can somebody explain this to me in plain english. thank you.

[customer73]

Simply update the wallets on both sides (local/remote. service providers do the remote side for you), launch, wait for blockchain reindex. (an hour or three depending on hardware)

Once both wallets are up-to-date ('getinfo' will show the same block height), issue 'masternode start-missing' from the funded, local wallet.

Check the remote masternode(s) have started with (on the remote machine(s)) 'masternode debug'

Have a beer.

Can I have a masternode with a dynamic ip address?

[qwizzie]

i would like to set up a mosternode too. i almost started. but then i read that you need 1000 dash. we do you need 1000 dash to have a masternode? can somebody explain this to me in plain english. thank you.

The 1000 Dash is collateral for running a full node and is intended as a way to attract longterm investors. Masternode owners will be motivated to look after their own interest
(which is basicly a good functioning and growing network that will provide them with a steady stream of masternode rewards for providing services to the network).

If you can not afford the 1000 Dash you can always check the hosting service providers here : https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=1867885
Dash Evolution in time will also bring decentralized masternode shares --> https://www.youtube.com/watch?v=N7T-a2xm5c0&index=7&t=254s&list=PLiFMZOlhgsYJPIiG0bjT1_SuT5h7NqPCC
(something to think about for later on)

[moocowmoo]

Can I have a masternode with a dynamic ip address?

No. The network start signal binds the masternode to an ip address. 

Moving your ip, would require re-announcing (start) your new ip to the network, which would reset your place in the payment queue.

Static ip is really the only way to go.

[vlom]

i would like to set up a mosternode too. i almost started. but then i read that you need 1000 dash. we do you need 1000 dash to have a masternode? can somebody explain this to me in plain english. thank you.

The 1000 Dash is collateral for running a full node and is intended as a way to attract longterm investors. Masternode owners will be motivated to look after their own interest
(which is basicly a good functioning and growing network that will provide them with a steady stream of masternode rewards for providing services to the network).

If you can not afford the 1000 Dash you can always check the hosting service providers here : https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=1867885
Dash Evolution in time will also bring decentralized masternode shares --> https://www.youtube.com/watch?v=N7T-a2xm5c0&index=7&t=254s&list=PLiFMZOlhgsYJPIiG0bjT1_SuT5h7NqPCC
(something to think about for later on)

thanks for the answer. and yes i can't afford 1000 dash at the current price..... so i have to find an other coin to play with.

[moocowmoo]

thanks for the answer. and yes i can't afford 1000 dash at the current price..... so i have to find an other coin to play with.

You can always put your dash to work earning about 8% per year.

https://bitcointalk.org/index.php?topic=421615.msg14418341#msg14418341

[qwizzie]

Liberty Entrepreneurs

LE41: Generating Passive Income with a Crypto-currency (Bitcoin and Dash) ATM with Cindy Zimmerman
https://www.youtube.com/watch?v=Sk6FDUFztXA

This podcast was from a while back... i came across it today here : http://danilnews.info/le41-generating-passive-income-with-a-crypto-currency-bitcoin-and-dash-atm-with-cindy-zimmerman
If you havent heared it before (like me), enjoy.

[TanteStefana2]

i would like to set up a mosternode too. i almost started. but then i read that you need 1000 dash. we do you need 1000 dash to have a masternode? can somebody explain this to me in plain english. thank you.

The real reason there is a 1000 coin requirement is to protect against attack.  Nobody can set up, say 10,000 Masternodes and either 1. spy on a majority of private send mixing transactions, or 2. mess with quorums which put locks on instant transactions.

Calculating the chances of successfully spying on private send mixing, you would need far more than 50% of masternodes to hope to follow anything, especially at 8 rounds.  I don't believe any one entity has more than 400 masternodes, but I can't prove anything.  Even they can't follow 4-8 rounds of mixing (probably have no chance of following 2 rounds).

So to buy enough Dash to overwhelm the existing Masternode holders, or even to get a majority of them to sell, which you would need to do, you would drive up the price very quickly to the point where even a government couldn't afford it.

The final thing Masternodes are responsible for is voting on decisions.  The Dash project believes that anyone with such an investment, or "skin in the game" will make the wisest decisions.  Their decisions will likely benefit the project, because good decisions improve the project and, of course, will increase the value of their investment.

Remember, the whole community, MN owner or no, always have full access to all discussions where they can and SHOULD voice their opinions on all matters being voted on.  You can think of MNs as your Representatives and they are likely to read your thoughts and be swayed when your point is a good one.  Thus there is representation for everyone.

There is a chart somewhere that shows the % of Masternodes you would need to control to get a % chance at deanonymizing a private send.  It's a bit old, it stops at 4000 masternodes, LOL, which we now have 4200+ but still, it shows how fruitless it is to try, and it would be a waste of money and resources for any large nefarious group to try.

And that is why Masternodes are collateralized.

RE: a dynamic IP address, yes, you can run a masternode on a dynamic IP address.  I have a dynamic IP address at home, and it hasn't changed in years.  However, if the IP address changes, your Masternode will drop off the Masternode list and you will lose your place in line for payment.

Another thing to think about is that Masternodes will now be required to store a lot more information, which means band width and storage are becoming  more important.  If your Masternode can't keep up, you could also fall off the list again.  If you have a thunderstorm and a black out, you fall off the list again - each time you fall off the list, you can lose up to 8+ days of earnings (we get paid between 6.5 and 10 days) and if it happens after a long time running, it'd be very frustrating.  That's why investing in a server somewhere is well worth it (they have backup power, high online %, and if you only drop off an hour, you're likely to be ok)  Remember wherever you have your Masternode, to have a cron job to turn it back on if the server restarts for any reason

Finally, to practice running a Masternode, come to the testnet thread on the dash forums https://www.dash.org/forum/threads/12-1-testnet-testing-phase-two-ignition.10818/ download the testnet wallet, follow the instructions, ask questions, and get one running that doesn't risk anything (yes, do it on your dynamic IP address!!!) Linux is easiest to run one, so if I were serious about actually doing a MN, I'd rent a server even for testing.  There is nothing here you can't learn.

[moocowmoo]

i would like to set up a mosternode too. i almost started. but then i read that you need 1000 dash. we do you need 1000 dash to have a masternode? can somebody explain this to me in plain english. thank you.

Calculating the chances of successfully spying on private send mixing, you would need far more than 50% of masternodes to hope to follow anything, especially at 8 rounds.  I don't believe any one entity has more than 400 masternodes, but I can't prove anything.  Even they can't follow 4-8 rounds of mixing (probably have no chance of following 2 rounds).

There is a chart somewhere that shows the % of Masternodes you would need to control to get a % chance at deanonymizing a private send.  It's a bit old, it stops at 4000 masternodes, LOL, which we now have 4200+ but still, it shows how fruitless it is to try, and it would be a waste of money and resources for any large nefarious group to try.

now we can build new charts.

google sheet with the data
https://docs.google.com/a/masternode.me/spreadsheets/d/1hZ4BWlRgOmWSL336oBHmk0Mcl9AzdS6v6XsEDKlc5PQ/edit?usp=sharing

code
https://gist.github.com/moocowmoo/789f9e2e2bdddf0708a5d200f5c09c12

Code:

#!/usr/bin/env python2

def capture_probability( n_full_set, n_capture_set, rounds):
    return (n_capture_set / n_full_set) ** rounds


masternode_count = 4270

if __name__ == "__main__":
    for percentage in range (5, 100, 5):
        for rounds in range(1,9):
            capture_set = masternode_count * float(percentage)/100
            print "%s %s %s %.12f " % ( masternode_count, percentage, rounds, capture_probability(masternode_count, capture_set, rounds) * 1)

Code:

total nodes
     percent evil
       rounds
         mix percentage exposed
4270 5 1 0.050000000000
4270 5 2 0.002500000000
4270 5 3 0.000125000000
4270 5 4 0.000006250000
4270 5 5 0.000000312500
4270 5 6 0.000000015625
4270 5 7 0.000000000781
4270 5 8 0.000000000039
4270 10 1 0.100000000000
4270 10 2 0.010000000000
4270 10 3 0.001000000000
4270 10 4 0.000100000000
4270 10 5 0.000010000000
4270 10 6 0.000001000000
4270 10 7 0.000000100000
4270 10 8 0.000000010000
4270 15 1 0.150000000000
4270 15 2 0.022500000000
4270 15 3 0.003375000000
4270 15 4 0.000506250000
4270 15 5 0.000075937500
4270 15 6 0.000011390625
4270 15 7 0.000001708594
4270 15 8 0.000000256289
4270 20 1 0.200000000000
4270 20 2 0.040000000000
4270 20 3 0.008000000000
4270 20 4 0.001600000000
4270 20 5 0.000320000000
4270 20 6 0.000064000000
4270 20 7 0.000012800000
4270 20 8 0.000002560000
4270 25 1 0.250000000000
4270 25 2 0.062500000000
4270 25 3 0.015625000000
4270 25 4 0.003906250000
4270 25 5 0.000976562500
4270 25 6 0.000244140625
4270 25 7 0.000061035156
4270 25 8 0.000015258789
4270 30 1 0.300000000000
4270 30 2 0.090000000000
4270 30 3 0.027000000000
4270 30 4 0.008100000000
4270 30 5 0.002430000000
4270 30 6 0.000729000000
4270 30 7 0.000218700000
4270 30 8 0.000065610000
4270 35 1 0.350000000000
4270 35 2 0.122500000000
4270 35 3 0.042875000000
4270 35 4 0.015006250000
4270 35 5 0.005252187500
4270 35 6 0.001838265625
4270 35 7 0.000643392969
4270 35 8 0.000225187539
4270 40 1 0.400000000000
4270 40 2 0.160000000000
4270 40 3 0.064000000000
4270 40 4 0.025600000000
4270 40 5 0.010240000000
4270 40 6 0.004096000000
4270 40 7 0.001638400000
4270 40 8 0.000655360000
4270 45 1 0.450000000000
4270 45 2 0.202500000000
4270 45 3 0.091125000000
4270 45 4 0.041006250000
4270 45 5 0.018452812500
4270 45 6 0.008303765625
4270 45 7 0.003736694531
4270 45 8 0.001681512539
4270 50 1 0.500000000000
4270 50 2 0.250000000000
4270 50 3 0.125000000000
4270 50 4 0.062500000000
4270 50 5 0.031250000000
4270 50 6 0.015625000000
4270 50 7 0.007812500000
4270 50 8 0.003906250000
4270 55 1 0.550000000000
4270 55 2 0.302500000000
4270 55 3 0.166375000000
4270 55 4 0.091506250000
4270 55 5 0.050328437500
4270 55 6 0.027680640625
4270 55 7 0.015224352344
4270 55 8 0.008373393789
4270 60 1 0.600000000000
4270 60 2 0.360000000000
4270 60 3 0.216000000000
4270 60 4 0.129600000000
4270 60 5 0.077760000000
4270 60 6 0.046656000000
4270 60 7 0.027993600000
4270 60 8 0.016796160000
4270 65 1 0.650000000000
4270 65 2 0.422500000000
4270 65 3 0.274625000000
4270 65 4 0.178506250000
4270 65 5 0.116029062500
4270 65 6 0.075418890625
4270 65 7 0.049022278906
4270 65 8 0.031864481289
4270 70 1 0.700000000000
4270 70 2 0.490000000000
4270 70 3 0.343000000000
4270 70 4 0.240100000000
4270 70 5 0.168070000000
4270 70 6 0.117649000000
4270 70 7 0.082354300000
4270 70 8 0.057648010000
4270 75 1 0.750000000000
4270 75 2 0.562500000000
4270 75 3 0.421875000000
4270 75 4 0.316406250000
4270 75 5 0.237304687500
4270 75 6 0.177978515625
4270 75 7 0.133483886719
4270 75 8 0.100112915039
4270 80 1 0.800000000000
4270 80 2 0.640000000000
4270 80 3 0.512000000000
4270 80 4 0.409600000000
4270 80 5 0.327680000000
4270 80 6 0.262144000000
4270 80 7 0.209715200000
4270 80 8 0.167772160000
4270 85 1 0.850000000000
4270 85 2 0.722500000000
4270 85 3 0.614125000000
4270 85 4 0.522006250000
4270 85 5 0.443705312500
4270 85 6 0.377149515625
4270 85 7 0.320577088281
4270 85 8 0.272490525039
4270 90 1 0.900000000000
4270 90 2 0.810000000000
4270 90 3 0.729000000000
4270 90 4 0.656100000000
4270 90 5 0.590490000000
4270 90 6 0.531441000000
4270 90 7 0.478296900000
4270 90 8 0.430467210000
4270 95 1 0.950000000000
4270 95 2 0.902500000000
4270 95 3 0.857375000000
4270 95 4 0.814506250000
4270 95 5 0.773780937500
4270 95 6 0.735091890625
4270 95 7 0.698337296094
4270 95 8 0.663420431289