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

[bitofc]

Dash Core is now legally owned by the Dash decentralized autonomous organization (DAO), a cryptocurrency first.

Unlike many other top cryptocurrency projects, Dash is a DAO, an organized and self-funding entity that nonetheless has no central authority and is open to participation from anyone. To solidify this theory in practice, Dash Core Group, the legal entity for Dash’s development team, set up a legal structure representing the network, which now owns Dash Core Group.

Source: https://www.dashforcenews.com/dash-core-group-becomes-first-legally-dao-owned-entity/

[1714191785]

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[NibiruHybrid]

Cryptocurrency Gets Favorable Nods in Wyoming and South Korea

Cryptocurrency regulations has been a roller coaster ride, but recent developments point towards favorable environments in South Korea and Wyoming, USA.

South Korea’s Financial Supervisory Service (FSS) chief Choe Heung-sik said that the government will support “normal transactions” of cryptocurrencies, suggesting that the government will encourage the growth of the crypto market under KYC regulations. Since January 30, South Korean regulations have required crypto trading under traders’ real names. Anonymous traders will be grandfathered in with their current funds, but any new buys/sells involving fiat will need to comply with KYC regulations. Choe went onto say that the government will “‘encourage'” banks to establish ties and engage in transactions with cryptocurrency exchanges” to counter the fact that many local banks have been hesitant to open any new accounts related to crypto.

Read more: https://www.dashforcenews.com/cryptocurrency-gets-favorable-nods-wyoming-south-korea/

[NibiruHybrid]

Dash Core Group Becomes First Legally DAO-Owned Entity

Dash Core is now legally owned by the Dash decentralized autonomous organization (DAO), a cryptocurrency first.

Unlike many other top cryptocurrency projects, Dash is a DAO, an organized and self-funding entity that nonetheless has no central authority and is open to participation from anyone. To solidify this theory in practice, Dash Core Group, the legal entity for Dash’s development team, set up a legal structure representing the network, which now owns Dash Core Group. According to Dash Core CEO Ryan Taylor, this is a first, and solves many issues involving trust of a centralized party:

Read more: https://www.dashforcenews.com/dash-core-group-becomes-first-legally-dao-owned-entity/

[sokol2504]

Dash only grows. I invested some of my investment in Dash, the second part of the Safinus project. I also want to buy bitcoin

[qwizzie]

Dash only grows. I invested some of my investment in Dash, the second part of the Safinus project. I also want to buy bitcoin

Does that mean you invested in Dash through the Safinus project ? And if so are you in full control over your Dash tokens ? Or are the Dash tokens (private keys) in control by a third party ?
(a portfolio manager for example ?).

Personally i would be carefull with projects, which do not let investors have full control over their cryptocurrencies......

[iCEBREAKER]

How Much of One’s Time Should Be Spent Belligerently Doxing Whistleblowers?



https://www.dashspamforcenews.com/much-ones-time-spent-doxing-whistleblowers

Maybe its time to stop doxing and threatening retribution as a way to discourage discussion of Dash's Instamine, centralization, bad/outdated technology, cargo cult community, and snake-oil marketing?

I've engaged this individual for my own personal amusement...I do apologize to the community as there are many that don't find it amusing.  Thanks afbitcoins.  


On to some positive news...99% of the DASH treasury was used to fund rain panchos, Max Keiser RVs, and scams like GeneralBytes' ATM this month....and our Masternode Ponzi scheme victim count has nearly matched our ATH.  

I appreciate your efforts bigrcanada, it was just as much a note to myself as to others. But some good points from Amanda to try and remember.

I doubt BigR bothered to click through to the article you linked.  He's not really into reading comprehension, much less changing behavior based on learning from mistakes.  Misconduct is literally a point of pride for him.

Thanks for bringing up that article; Amanda's best analysis is this bit:

Bigrcanada1 even goes so far as to try to draw attention to iCEBREAKER himself. Bigrcanada1 tries to call him out and “make him fear doxing and subsequent retribution” in the hopes that this will dis-incentivize iCEBREAKER from reporting facts about Dash's fraudulent Instamine and governance theater in the future.

On the whole, retaliating against whistleblowers doesn’t fix Dash's problem of being exiled from the Top 10 coins. It doesn’t help Evolution be less than 2.5 years behind schedule. It doesn’t write DIPs, or get any new whitepapers or code the benefit of peer review.

It’s ugly thuggery, and that’s all it is.

If there were such a person as Ryan Taylor, CEO of Dash and if I were that person (which I’m not), my instruction to my employees would be this:

“Spend your time belligerently doxing and stalking for Dash as frequently as you think it wise to spend your time drinking strong whiskey.”

Because everyone likes a guy who can cut loose and have some fun at the right times. But no one likes a threatening, potentially violent drunk.

DashHoles like BigR are furiously angry and unbearably bitter because their project is *STILL* based on Bitcoin v12, which is ancient history, while Bitcoin just released v16.

That puts Dash at an incredible 4 major releases behind Bitcoin Core, and it is highly unlikely Dash Core will ever be able to catch up to (much less overtake) the moving goalpost that is Bitcoin Core's latest release.

No wonder the temptation to indulge in doxing+retribution is too strong to resist.

While Dash fumbles around funding scams like the GeneralByes ATM fiasco, other coins knock out actual concrete deliverables.

Decred is doing everything Dash should have done years ago. There's no excuse for Dash losing its lead to projects that actually deliver on their roadmaps.

I'll bet 1BTC that Decred delivers these new features before the first real transaction on Evolution.  

Decred has continued with its approach of generating deliverables before hyping them, despite many other projects in the space continuing to relentlessly hype their work far in advance of generating deliverables or focusing on exchange listings in lieu of doing any substantive work.

Politeia Voting
The core of our proposal system, Politeia, was recently completed, and we are adding support for voting. Politeia can be described succinctly as a git repository that is timestamped by the Decred chain and uses cryptographic attribution to create accountability for all participants - users and admins alike. Having superior accountability means that proposals, comments, votes and admin actions in Politeia will not suffer from the opaque censorship that has become increasingly common amongst many major tech companies and their websites. Once voting support is complete, Politeia will be tested on testnet and then deployed on mainnet. After Politeia is up on mainnet, we will use it to discuss and fund new proposals, set budgets and to make ongoing payments with stakeholder approval. It is worth noting that voting on Politeia will be restricted to stakeholders whose tickets are live in the ticket pool at the time a vote is called for a given proposal.

Decentralized Control of Funds
The final step to complete the decentralization of our dev org will be decentralizing control of its funds. Prior to formal control being decentralized, disbursements of funds will be subject to “soft” decision making via Politeia. Rather than taking the approach used in Ethereum, which involves 100s or 1000s of lines of Solidity code, we will create a succinct smart contract that allows Decred stakeholders to vote on the disbursements on-chain and release the funds.

Decentralized Autonomous Entities
The method for decentralizing control of the dev org funds will be generalized to support user-created entities that we refer to as decentralized autonomous entities (“DAEs”). Since the main distinguishing point of a corporate entity relative to an individual is ownership and control of funds and assets, we will use decentralized control of funds as the basis for DAEs within Decred. We will focus less on the speculative component of tokenization and more on the fundamental mechanics of making it work since tokenization creates several serious scalability issues, which have led to substantial congestion on the Ethereum chain. In short, a DAE will be comprised of a simple on-chain smart contract that delegates control over funds in the contract to a group of individuals.

[Suckhoelaodong]

Hi all, is that still profitable for mining Dash coin? I am digging up some masterNode coins, seems Dash is the first one of those. I have 5 rigs of RX470.

[evg1123]

Hi all, is that still profitable for mining Dash coin? I am digging up some masterNode coins, seems Dash is the first one of those. I have 5 rigs of RX470.

there is no point to mine DASH on GPU

[aleix]

Hi all, is that still profitable for mining Dash coin? I am digging up some masterNode coins, seems Dash is the first one of those. I have 5 rigs of RX470.

You can find some useful information about mining here:

https://www.dash.org/mining

https://dashpay.atlassian.net/wiki/spaces/DOC/pages/1146945/Mining

Hi all, is that still profitable for mining Dash coin? I am digging up some masterNode coins, seems Dash is the first one of those. I have 5 rigs of RX470.

there is no point to mine DASH on GPU

I agree. Nowadays profitable mining is with ASICS:

https://dashpay.atlassian.net/wiki/spaces/DOC/pages/50003977/ASIC+Mining

I would recommend you to try to find another coin to mine with your rigs

[Vinte6]

Hi all, is that still profitable for mining Dash coin? I am digging up some masterNode coins, seems Dash is the first one of those. I have 5 rigs of RX470.

there is no point to mine DASH on GPU

Even mining with ASICs is almost unprofitable, at current prices and difficulty

[RedUnicorn]

Dash is great project i wish you best of luck nad looking forward to invest in it when there's some etra cash for it. 

[NibiruHybrid]

Starbucks Sees the Potential of Cryptocurrency

Howard Schultz, the executive chairman and former CEO of Starbucks, said that “one or a few legitimate” cryptocurrencies are coming, but does not “believe that bitcoin is going to be a currency today or in the future” and believes in the underlying blockchain technology.

Schultz clarified that he brought up the topic not because Starbucks is developing or investing in cryptocurrencies, but wanted to discuss the long-term potential of a “consumer application in which there’s trust and legitimacy” when thinking “about the future of our company and the future of consumer behavior.” He went on to mention that he could see a future where the coffee chain would be completely cashless.

The current CEO, Kevin Johnson, reiterated that the coffee giant is not investing in blockchain, but did say they are testing a cashless store in Seattle. Johnson recognized that “payment and payment platforms are continuing to evolve” and wants Starbucks to integrate new technology before competitors.

Read more: https://www.dashforcenews.com/starbucks-sees-potential-cryptocurrency/

[Drobek]

Could this really compete with ripple and some other nice projects which have nearly the same idea?

Dash has no competition with Ripple because it has unique tech and on other side Ripple is truly centralized coin which has no future soon it will disappear. I believe Dash will take over very soon at the moment it is undervalued but growing rapidly.

You have been trolled. The guy only contributes nonsense to advertise his signature ;-)
https://bitcointalk.org/index.php?action=profile;u=335392;sa=showPosts

[NibiruHybrid]

Dash Added to deVere Crypto, CryptoWolf, ACX, SouthXChange

Dash has been added the deVere Crypto app, as well as CryptoWolf, ACX, and SouthXChange.

Leading independent global financial consultancy group deVere recently launched deVere Crypto, an app for trading and storing different cryptocurrencies. Their offering includes Dash, as well as Bitcoin, Ethereum, Ripple, and Litecoin. This comes following last year’s historic rise of interest in cryptocurrencies, with combined market capitalization reaching close to the trillion dollar mark. Now, despite a correction this year, interest still remains high.

Read more: https://www.dashforcenews.com/dash-added-devere-crypto-cryptowolf-acx-southxchange/

[qwizzie]

Hello new ATH :



Do i dare predict 5000 active masternodes at the end of this year ? 

[bigrcanada1]

Hello new ATH :



Do i dare predict 5000 active masternodes at the end of this year ? 

Absolutely amazing...

[Pang.]

It is already taking a long time for Mr Icebreaker to come and celebrate that Monero has overtaken Dash in Coinmarketcap.

Congratulations to Dash masternode holders, new ATH

[WastedLTC]

Sigh.   XMR is now 11 and Dash is 12.   

Horrible slide.

[farfiman]

It is already taking a long time for Mr Icebreaker to come and celebrate that Monero has overtaken Dash in Coinmarketcap.

Congratulations to Dash masternode holders, new ATH

Why is more locked away coins ( over 50%!) a celebration?

[farfiman]

Amanda is gone?