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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9552026 times)
etherixdevs
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May 21, 2019, 02:36:55 PM

Dash Announces Elections For Investment Foundation

https://cryptobriefing.com/dash-elections-foundation/

#dash_force

Dash (DASH) Is Getting Bigger, Dash Coin One of The Fastest Growing Active Addresses Among Top Cryptos!

https://cryptoglobalist.com/2019/05/21/dash-dash-is-getting-bigger-dash-coin-one-of-the-fastest-growing-active-addresses-among-top-cryptos/

#dash_force

 I think it deserves some strong thinking for anyone that is  interested in Crypto innovations. The future is brilliant
The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
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May 22, 2019, 08:50:42 AM
Merited by aleix (1)

Dash Core v0.14 binaries have been released to mainnet!
Dash users now have improved security against 51% mining attacks via Chainlocks and the ability to instantly re-spend Dash upon receipt via LLMQ-Based InstantSend.

More info:
https://blog.dash.org/dash-core-v0-14-on-mainnet-ef2d0e49e29a

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May 22, 2019, 09:29:04 AM

Dash Core v0.14 binaries have been released to mainnet!
Dash users now have improved security against 51% mining attacks via Chainlocks and the ability to instantly re-spend Dash upon receipt via LLMQ-Based InstantSend.

More info:
https://blog.dash.org/dash-core-v0-14-on-mainnet-ef2d0e49e29a



Great news! anti 51% attack ChainLock is now live on the mainnet!

https://validators.online/ (Staking Service for Wanchain and WeOwn Blockchain)
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May 22, 2019, 09:57:03 AM
Last edit: May 25, 2019, 11:14:22 AM by qwizzie

Dash Core v0.14 binaries have been released to mainnet!
Dash users now have improved security against 51% mining attacks via Chainlocks and the ability to instantly re-spend Dash upon receipt via LLMQ-Based InstantSend.

More info:
https://blog.dash.org/dash-core-v0-14-on-mainnet-ef2d0e49e29a



Great news! anti 51% attack ChainLock is now live on the mainnet!

It will take some time before ChainLocks gets activated as we need support from miners first (80% to lock-in DIP8), but the highly anticipated update v0.14.0 has been rolled out today
and thats good news.


Dash : Discussion Thread ->https://bitcointalk.org/index.php?topic=5115659.0
Dash : Price and Trade Discussion -> https://bitcointalk.org/index.php?topic=1233119.0
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iCEBREAKER
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May 22, 2019, 12:47:46 PM

Quote
6/13/15
Hearn's Worst Case Scenario: Checkpoints in XT to "ignore the longest chain"
https://bitcointalk.org/index.php?topic=1089283.0

Dash Announcing DIP 8 - ChainLocks
Duffield's Worst Case Scenario: ChainLocks in Dash to "ignore the longest chain"
https://blog.dash.org/mitigating-51-attacks-with-llmq-based-chainlocks-7266aa648ec9?fbclid=IwAR3JGxiQZcg1AgbBPx9GocBrMsbgFt6e_Jm2UBVeddX_LP0Ll33A-hquTC8



Old news.  More of the same.  Too little and too late.




The CEO of Dash Core Incorporated(tm) can just checkpoint whenever there is an imminent threat like a another Binance theft or 51% NiceHash attack.  Security via central authority, try to beat that!  Grin

Ignoring the longest chain worked out very well for for BitcoinXT and can only help Dash in the same way.

Nakamoto Consensus is ancient and broken.  Dash knows better than to use 10 year old technology when they can just roll their own critical consensus protocols and ship them to mainnet after only a day or two of testing the 6th(!) release candidate.  Cool


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
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May 22, 2019, 01:21:41 PM
Merited by aleix (1)

LLMQ-Based ChainLocks

Quote
A few cryptocurrency projects have made headlines recently due to threats of 51% mining attacks. In a 51% attack, a mining entity that controls a majority of hash power can secretly mine a separate chain that is longer than the public one, then publish it — causing a reorganization and orphaning previous blocks on the original chain. This can result in users of the network losing money as transactions in the invalidated blocks are also invalidated.

ChainLocks will significantly reduce the risk of a 51% attack occurring on the Dash network. A Long Living Masternode Quorum is selected, and each member signs the first block it sees — extending the active chain at the current height. When enough members see that block, they will propagate a message to all nodes in the network. When this message is received by a node, it rejects all blocks at that height that do not match the block specified by this message. This not only makes reaching consensus quick and unambiguous, it makes chain reorganizations below this block impossible.

This means that transactions can be considered fully confirmed after the first on-chain confirmation inside a block protected by ChainLocks, and there is no need to wait for more confirmations until a received transaction is considered secure. This feature also removes all incentives for miners to cause chain reorganizations by mining in secret, because a failure to publish blocks immediately could give an honest miner the opportunity to publish a block that would be locked by a LLMQ, and thus made irreversible. This would result in the secret chain being ignored when the malicious miner attempted to publish it.

Link : https://blog.dash.org/product-brief-dash-core-release-v0-14-0-now-on-testnet-8f5f4ad45c96

But what about the longest-chain rule?

Quote
The longest-chain rule is one of the most important parts of Proof of Work based consensus. The idea is that every node should consider the chain with the most accumulated work as the locally active chain (but only if it is also valid by all other consensus rules). The reason for this rule is that otherwise it wouldn’t be possible to find consensus on which chain to extend. Nodes need to find consensus based on limited information, and the only reliable information which is viable for this is the information found from the chain of headers. Using only the accumulated work (calculable from the headers) makes sure that every node can disconnect and reconnect, and still find consensus at any time.

With ChainLocks, this rule is still in effect, but it can be overridden by a valid CLSIG message. Effectively, only the members of the responsible LLMQ are fully following the longest-chain rule, as they are the ones creating the CLSIG message in collaboration. As the CLSIG message can only be created if enough LLMQ members agree, the presence of the CLSIG message serves as a proof that the referenced block was (or still is) the block resulting in the longest-chain.

This puts quite some trust into CLSIG messages and the Masternode network, but we consider this to be an acceptable tradeoff. The assumption is that the majority of the masternode network is honest, which is basically the same assumption applied to miners in a plain Proof of Work system.

The difference with ChainLocks is that miners AND Masternodes representing 51% of each of the layers would have to collude in order to perform a working attack. And even if an attack succeeded, the attackers would still not be able to cause deep reorganizations, as previous CLSIG messages can’t be invalidated by the attackers. The worst thing that could be achieved is to NOT sign blocks, which would be noticed by all nodes. Also, if any LLMQ with mostly honest masternodes signed a block in-between the attack, all previously unsigned blocks would become fully confirmed as well, making reorganizations for these impossible as well.

Link : https://blog.dash.org/mitigating-51-attacks-with-llmq-based-chainlocks-7266aa648ec9

Dash : Discussion Thread ->https://bitcointalk.org/index.php?topic=5115659.0
Dash : Price and Trade Discussion -> https://bitcointalk.org/index.php?topic=1233119.0
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May 22, 2019, 01:46:25 PM
Last edit: May 22, 2019, 02:02:30 PM by iCEBREAKER

(an imperial shitload of gish-gallop, techno-babble, & speculation-as-fact)

That's a lot of fancy talk to distract people from the basic, essential truth that Dash v.14 no longer follows the longest chain and is no longer protected by the proven security model of Nakamoto Consensus.

BitcoinXT had a lot of fancy talk to rationalize its checkpoints, too.  How did that work out for them?

Bcash-BAB is also using checkpoints because the real world of thermodynamics and proof-of-work is too mean/hard/scary for them.

How is Dash's version of checkpoints any better than XT or Bcash's?

Masternodes don't make Chainlocks better, they just massively expand the chainlocked network's attack surface by opening up new vectors (hello partitioning attacks Wink) for malicious and/or incompetent Masternode operators to abuse their trusted third party privileges.


Angry Angry Angry
tx for banning me after 5 years for NO REASON !


 Cry Cry Cry

#REKT
Tungfa   Sad
Shill  Sad
Spam  Sad


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
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May 22, 2019, 02:14:31 PM
Merited by BrainShutdown (1)


Dash Releases Version 0.14 Including ChainLocks 51% Attack Immunity


Dash has released its latest version, 0.14, which includes 51% attack proofing known as ChainLocks.


Join New Dash Talk Discord Server​
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May 22, 2019, 03:32:55 PM


Dash News – Samsung Accept Dash via Cryptobuyer, Spend Dash on Apple Pay via Spend Card & More!


This is a repost of the Dash News Recap video with new presenter Heidi Chakos from our YouTube channel. This show is dedicated to keeping you up to date with recent Dash news highlights.


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May 22, 2019, 05:23:54 PM


VegaWallet and Covault Partner to Bring Dash Payments to Cannabis Dispensaries


VegaWallet, the comprehensive cryptocurrency wallet and merchant solution that recently integrated Dash via BitGo, will now be partnering with CoVault crypto ATMs to provide additional fiat on-ramps, as well as launch a new PoS solution specifically geared towards cannabis companies.


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May 22, 2019, 08:46:28 PM
Last edit: May 22, 2019, 10:25:05 PM by afbitcoins

Dash is great

Hey thanks Icey, you being here is normally bullish for Dash.

Hows it going with your ETC investments? I remember they had a roadmap you particularly liked. But didn't they suffer a 51% attack ?
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May 23, 2019, 12:28:10 AM

Dash is an intentionally instamined scam marketed to noob investors using fake privacy, fake adoption, and fake news.

Dash is digital trash.

Hey thanks Icey, I like to put on a brave face and pretend I'm glad you're back posting here.

Hows it going with your ETC investments? I remember they had a "Code Is Law. No Bailouts." and pro-PoW/anti-PoS ideology you particularly liked. But didn't they suffer a social attack wherein the exchanges stole the ETH ticker to reward Vitalik for bailing out their interlocking VC investor support netowrks ?

I got my ETC so cheap I'll always be on the moon no matter what, but let's stick to discussing Dash in the Dash thread.  I'm sure you can understand why it's considered bad behavior to go off-topic on a forum, if you think about it for a while.

PrivateSend  Sad


Firstly, this is not intended to be an act of trolling. I was quite heavily invested in Dash, and believed in it's cause.

However, I would like you to carefully consider your position.

The privatesend option of anonymity could be smashed by the NSA quite easily.

The anonymity market share you own - on the assumption that privatesend works flawlessly - is about to be overtaken by Monyro

Their anonymity solution is superior to yours, developed by hackers. A purely trustless solution.


https://cryptonote.org/whitepaper.pdf

PrivateSend relies on a collateral system - 1000drks per masternode, randomly selected masternodes, and these nodes sign off on the pooled transactions.

Sounds safe...how much money do you think the NSA has? How easy to simply stockpile virtually all the Dash out there, and have the majority of masternodes running...

Sorry Evan but they are laughing at this solution...they will simply allow your network to grow, allow users to feel safe and protected, yet know the vast majority of transactions.

The only real solution to anonymity is encrypted packets of information, that are visible on the network by can only be decrypted by the intended recipient using their private key.

You are a smart, well intended dev. You have a loyal team, you have done well. But your solution is flawed.

This was solved by using multiple iterations through many masternodes. Users can pick how secure and private they want their transactions to be. To actually know who spent what, you would have to control every masternode from start to end.

I'm implementing I2P into the masternodes. We're going to have our own private network just for PrivateSend.



the new masternode blinding system is quite impressive.


my understanding is that some IP Obfuscation will come through the use of the  Decentralized API, meaning using the masternode network to execute commands so that the actual message comes out of a masternode quorum and not directly from your client thus granting you some privacy.  

We are still at early stages so take it with a grain of salt, that is why all available information and ideas will be open for discussion next Sunday so feedback can start and we go to the Miami presentation late January with a model that has been validated with the community and revised where necessary.


What happened over the last 4-5 years that made Duffield abandon these announced I2P and Masternode Blinding Features?  Does it have something to do with the SEC, FBI, or other ThreeLetterAgencies?

Can Deterministic Masternode Lists (LLMQs) use i2p/onion addresses instead of public IPs?


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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May 23, 2019, 02:05:25 AM
Last edit: May 28, 2019, 02:09:51 PM by thd26bct

It is a very interesting fact that appearance of Icey means a lots of thing for DASH, no matter what he posts I always see positive signals. Because if we have neutral overview on what Icey wrote and effects of his past appearance in DASH topic, we can determinantly consider his appearance as early indicator for DASH growths in near future after his apperance-day. It has been demonstrated many times. In brief, you are warm welcome here, Icey, me and DASH lovers (I guess) actually support your appearance here.  Wink
Hey thanks Icey, you being here is normally bullish for Dash.

Hows it going with your ETC investments? I remember they had a roadmap you particularly liked. But didn't they suffer a 51% attack ?
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May 23, 2019, 06:05:14 AM

My Icy hero is back Grin bullish
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May 23, 2019, 12:46:33 PM


Europol Shuts Down Large European-Based Cryptocurrency Mixer


Bestmixer.io is European-based cryptocurrency tumbler (mixer) that has reportedly “achieved a turnover of at least $200 million (approx. 27,000 bitcoins)” since May 2018 and was shut down on May 22nd by Europol.


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May 23, 2019, 02:45:54 PM
Last edit: May 23, 2019, 03:18:12 PM by solowhizkid

Dash Core Launches v0.14 on Mainnet Bolstering Network Security Against 51% Attacks

https://www.crypto-economy.net/en/dash-dash-core-launches-v0-14-on-mainnet-bolstering-network-security-against-51-attacks/

#dash_force

World-First Investment Fund Created to Increase Dash Value for All Users

https://www.youtube.com/watch?v=_F08HXBEGz8

#dash_force

Dash Core Group CEO Ryan Taylor and CTO Bob Carroll presentation at Consensus 2019

https://www.youtube.com/watch?v=vh0azritk_o

#dash_force
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May 23, 2019, 03:51:58 PM

Hey guys ... Im running Dash node on testnet and it takes ages to synchronize for some reason .... it doesnt stop but it downloads 1 block per hour or so...what could be a problem ?
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May 23, 2019, 06:04:09 PM

Hey guys ... Im running Dash node on testnet and it takes ages to synchronize for some reason .... it doesnt stop but it downloads 1 block per hour or so...what could be a problem ?

Maybe you can give the testnet bootstrap a try: https://github.com/UdjinM6/dash-bootstrap#for-testnet

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May 23, 2019, 06:24:38 PM

You will not tell what level of inflation DASH in 2019. Is this level greater than 5%?

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May 24, 2019, 04:46:42 AM
Merited by qwizzie (1)

If i could get a dash for everytime Icey used the word REKT with Dash, i would have a lot more masternodes  Wink

But lets be serious here, old troll(s) trolling Dash again in this ANN thread is a good sign, it shows that they still care about
Dash .. care deeply. And i love that they care about Dash this much, that they feel pressured to post here again (and again).

Forward and onward with the caring, dear troll(s).

Quote
A troll that cares works much harder at trolling, then a troll that does not care.
- qwizzie

What?!? Icey is still on here trolling us???  Wow...kudos to him!  I mean, you have to hand it to that troll, he is if nothing else a die hard troll.  Glad I never listened to any of his shit back years ago when he was trying to convince me to dump DASH because it was going to fail.   Thank fully...my masternode returns and the increase of DASH's value from those early days of $10 to $160 dollar backs my investment in DASH.   Thank goodness I didn't listen to him.
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