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

[TaoOfSaatoshi]

A common explanation for the Dash "instamine" (fastmine is a more appropriate term) was that since Litecoin had a fastmine, Dash's fastmine could be attributed to a bug from the Litecoin code. This explanation, which is also featured in Dash's official summary here:

https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification

will need to be changed. Through my research I have discovered that there was another culprit responsible for Dash's fastmine.

Tomorrow at 9:00PM UTC I will release my video documentary tackling the circumstances surrounding the Dash fastmine. I will clarify a lot of things that have been left open to interpretation, often leading to negative conclusions about the founder and the Dash project. Please tune in.

Documentary title: Decentralized Deeper Thought: The Truth about Dash!

Link to premiere page (don't forget to set a reminder): https://youtu.be/O39kWbOu11M

Time and date of premiere: Friday, October 18th, at 9:00PM UTC.

If you are open-minded and willing to learn or challenge your beliefs about what happened at Dash's launch in 2014, I hope to see you at the documentary! You will be able to comment and chat with others alongside the video when it airs.

Kind regards,

Christopher Carruthers (Tao Of Satoshi)

[qwizzie]

A common explanation for the Dash "instamine" (fastmine is a more appropriate term) was that since Litecoin had a fastmine, Dash's fastmine could be attributed to a bug from the Litecoin code.
This explanation, which is also featured in Dash's official summary here:

https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification

will need to be changed. Through my research I have discovered that there was another culprit responsible for Dash's fastmine.

That was never a common explanation (i only ever heard it mentioned by 1 person) , nor is it described like that in Dash official summary.
Let me quote Dash's official summary :

XCoin as it was called at the time was based off of the Litecoin code base, which unbeknownst to the developers contained restrictions on the frequency and extent of adjustments which
the network could apply to mining difficulty.

Because of these restrictions, and the popularity of mining the coin, the network produced a large number of blocks with the maximum allowable coins in each block.

This does not indicate a Litecoin fastmine to me, it just indicates the factors that played a role in Dash unique fastmine / instamine. As a reminder, Dash was first forked
from Litecoin codebase and later on forked from Bitcoin code base. Just because Dash was originally forked from Litecoin and had a fastmine / instamine, does not mean Litecoin must have had a
fastmine / instamine as well. I dont see anything that needs to be changed in the Dash official summary so far, unless you found something that completely invalidate above official quotation
(which would surprise me).

Also i dont like how some of your posts are formulated :

Dash founder Evan Duffield, while having a brilliant mind, was an impetuous sort in 2014, prone to rushing his code releases in his eagerness and rush to launch.

Can this position be disproven based on available facts?

It comes across as clickbait / readbait and can possibly make google search results focus on the (misleading) title alone.
I can understand the drive to promote one's own documentary, but please be a little bit more carefull how you approach this promotion.

[TaoOfSaatoshi]

A common explanation for the Dash "instamine" (fastmine is a more appropriate term) was that since Litecoin had a fastmine, Dash's fastmine could be attributed to a bug from the Litecoin code.
This explanation, which is also featured in Dash's official summary here:

https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification

will need to be changed. Through my research I have discovered that there was another culprit responsible for Dash's fastmine.

That was never a common explanation (i only ever heard it mentioned by 1 person) , nor is it described like that in Dash official summary.
Let me quote Dash's official summary :

XCoin as it was called at the time was based off of the Litecoin code base, which unbeknownst to the developers contained restrictions on the frequency and extent of adjustments which
the network could apply to mining difficulty.

Because of these restrictions, and the popularity of mining the coin, the network produced a large number of blocks with the maximum allowable coins in each block.

This does not indicate a Litecoin fastmine to me, it just indicates the factors that played a role in Dash unique fastmine / instamine. As a reminder, Dash was first forked
from Litecoin codebase and later on forked from Bitcoin code base. Just because Dash was originally forked from Litecoin and had a fastmine / instamine, does not mean Litecoin must have had a
fastmine / instamine as well. I dont see anything that needs to be changed in the Dash official summary so far, unless you found something that completely invalidate above quotation
(which would surprise me).

The part of the explanation above (in bold and in red) is not entirely correct. I will surprise you.

Also i dont like how some of your posts are formulated :

Dash founder Evan Duffield, while having a brilliant mind, was an impetuous sort in 2014, prone to rushing his code releases in his eagerness and rush to launch.

Can this position be disproven based on available facts?

It comes across as clickbait / readbait and can possibly make google search results focus on the (misleading) title alone.
I can understand the drive to promote one's own documentary, but please be a little bit more carefull how you approach this promotion.

I disagree with your assessment, but respect your opinion. Thanks for the feedback.

[qwizzie]

A common explanation for the Dash "instamine" (fastmine is a more appropriate term) was that since Litecoin had a fastmine, Dash's fastmine could be attributed to a bug from the Litecoin code.
This explanation, which is also featured in Dash's official summary here:

https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification

will need to be changed. Through my research I have discovered that there was another culprit responsible for Dash's fastmine.

That was never a common explanation (i only ever heard it mentioned by 1 person) , nor is it described like that in Dash official summary.
Let me quote Dash's official summary :

XCoin as it was called at the time was based off of the Litecoin code base, which unbeknownst to the developers contained restrictions on the frequency and extent of adjustments which
the network could apply to mining difficulty.

Because of these restrictions, and the popularity of mining the coin, the network produced a large number of blocks with the maximum allowable coins in each block.

This does not indicate a Litecoin fastmine to me, it just indicates the factors that played a role in Dash unique fastmine / instamine. As a reminder, Dash was first forked
from Litecoin codebase and later on forked from Bitcoin code base. Just because Dash was originally forked from Litecoin and had a fastmine / instamine, does not mean Litecoin must have had a
fastmine / instamine as well. I dont see anything that needs to be changed in the Dash official summary so far, unless you found something that completely invalidate above quotation
(which would surprise me).

The part of the explanation above (in bold and in red) is not entirely correct. I will surprise you.

Well, i will await your documentary as i am curious what you consider "not entirely correct". But i do want to point out there are plenty examples publicly available which supports the official statement
that the instamine issue in part was due to coding issues :

https://dashdot.io/alpha/?page_id=118






 

[TaoOfSaatoshi]

A common explanation for the Dash "instamine" (fastmine is a more appropriate term) was that since Litecoin had a fastmine, Dash's fastmine could be attributed to a bug from the Litecoin code.
This explanation, which is also featured in Dash's official summary here:

https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification

will need to be changed. Through my research I have discovered that there was another culprit responsible for Dash's fastmine.

That was never a common explanation (i only ever heard it mentioned by 1 person) , nor is it described like that in Dash official summary.
Let me quote Dash's official summary :

XCoin as it was called at the time was based off of the Litecoin code base, which unbeknownst to the developers contained restrictions on the frequency and extent of adjustments which
the network could apply to mining difficulty.

Because of these restrictions, and the popularity of mining the coin, the network produced a large number of blocks with the maximum allowable coins in each block.

This does not indicate a Litecoin fastmine to me, it just indicates the factors that played a role in Dash unique fastmine / instamine. As a reminder, Dash was first forked
from Litecoin codebase and later on forked from Bitcoin code base. Just because Dash was originally forked from Litecoin and had a fastmine / instamine, does not mean Litecoin must have had a
fastmine / instamine as well. I dont see anything that needs to be changed in the Dash official summary so far, unless you found something that completely invalidate above quotation
(which would surprise me).

The part of the explanation above (in bold and in red) is not entirely correct. I will surprise you.

Well, i will await your documentary as i am curious what you consider "not entirely correct". But i do want to point out there are plenty examples publicly available which supports the official statement
that the instamine issue in part was due to coding issues :

https://dashdot.io/alpha/?page_id=118






 

Yes, this research features heavily into my presentation, and supports my position that the restrictions of the Litecoin code were not responsible. You'll see why tomorrow. I've done my homework on this!

[qwizzie]

Yes, this research features heavily into my presentation, and supports my position that the restrictions of the Litecoin code were not responsible. You'll see why tomorrow. I've done my homework on this!

Looks like Litecoin has an official fastmine history after all, which i was not aware of :

https://www.reddit.com/r/litecoin/comments/chadti/litecoin_instamined_or_fud/


Which means it will be even more interesting to see how the restrictions of the Litecoin code (causing a fastmine of 500.000 LTC), were not responsible for the Dash fastmine.
I will tune in tomorrow.

Charlie Lee :

This issue was never a big deal and most people forgot about it because it was 8 years ago!

Ironically Dash has been saying the exact same thing for years now.

Now here is a question : if a launch of a cryptocurrency has been 'fair', but that cryptocurrency still gets into a fastmine situation, is that cryptocurrency then to be considered as 'fastmined' or not ?  
And are there now both fair and unfair fastmines ?    

[arielbit]

A common explanation for the Dash "instamine" (fastmine is a more appropriate term) was that since Litecoin had a fastmine, Dash's fastmine could be attributed to a bug from the Litecoin code.
This explanation, which is also featured in Dash's official summary here:

https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification

will need to be changed. Through my research I have discovered that there was another culprit responsible for Dash's fastmine.

That was never a common explanation (i only ever heard it mentioned by 1 person) , nor is it described like that in Dash official summary.
Let me quote Dash's official summary :

XCoin as it was called at the time was based off of the Litecoin code base, which unbeknownst to the developers contained restrictions on the frequency and extent of adjustments which
the network could apply to mining difficulty.

Because of these restrictions, and the popularity of mining the coin, the network produced a large number of blocks with the maximum allowable coins in each block.

This does not indicate a Litecoin fastmine to me, it just indicates the factors that played a role in Dash unique fastmine / instamine. As a reminder, Dash was first forked
from Litecoin codebase and later on forked from Bitcoin code base. Just because Dash was originally forked from Litecoin and had a fastmine / instamine, does not mean Litecoin must have had a
fastmine / instamine as well. I dont see anything that needs to be changed in the Dash official summary so far, unless you found something that completely invalidate above quotation
(which would surprise me).

The part of the explanation above (in bold and in red) is not entirely correct. I will surprise you.

Well, i will await your documentary as i am curious what you consider "not entirely correct". But i do want to point out there are plenty examples publicly available which supports the official statement
that the instamine issue in part was due to coding issues :

https://dashdot.io/alpha/?page_id=118






 

Yes, this research features heavily into my presentation, and supports my position that the restrictions of the Litecoin code were not responsible. You'll see why tomorrow. I've done my homework on this!

will be watching  

qwizzie trying to prevent "this gonna end bad" moment lol

a defense to down play the instamine word to fastmine?, the MAJOR difference between instamine and fastmine is instamine=INSTA millions of coins within a day which becomes as effective as a premine. that's why coinmarketcap once labeled darkcoin with "* premine" back then and darkcoiners goes ape shit around here lol.

almost 6 years before finding ANOTHER explanation, better be a good one......a good laugh 

[qwizzie]

Our little ariel mermaid still alive and kicking after this brutal crypto winter ? Who would have thought

[arielbit]

Our little ariel mermaid still alive and kicking after this brutal crypto winter ? Who would have thought

hey buddy i'm pretty convinced you are just a paid marketer, but if in any case that you are just like any other shitcoiners, i would suggest in the next bull cycle you start selling this dash shitcoin and find a good source of income outside crypto, put small amount of money into a new crypto start up/shitcoin with promising new innovation/s.

brutal crypto winter? top 10 coins are in the billion market cap category....dash is outside that *ouch!

this dash isn't gonna be the next bitcoin, when btc hit 1200$ it only touched 150$ in a very short period of time. while dash hit 1500$ and now lingers at 69$ with less than the circulating amount of coins compared to btc when it hit 150$ and knowing a significant amount in millions of dash is locked in masternodes. it simply means its over, and when you get another chance for a good sum of money, take it buddy. TAKE IT!

dash already failed in privacy aspect, instant send also isn't great anymore since a lot coins can send fairly quick.

this is going to be a slow downward spiral for dash.

[TaoOfSaatoshi]

Happy to have piqued both of your interests! See you tomorrow.

[NibiruHybrid]

Cryptobuyer CEO Says Dash Was Platform’s Top Coin Last Three Months in a Row

Latin American exchange and merchant solution Cryptobuyer claims Dash is the top most-used cryptocurrency on the Cryptobuyer Pay merchant solution for several months in a row, according to the CEO.

Read more - https://dashnews.org/cryptobuyer-ceo-says-dash-was-platforms-top-coin-last-three-months-in-a-row/

[Tungi17]

Introducing the Platform Chain and the rationale for including a separate chain for recording platform data by Ivan Shumkov.

https://blog.dash.org/introducing-the-platform-chain-982fe6aea67f

[Tungi17]

Next Dash Budget Cycle - 9 days to go - Please vote as this looks to be a tight voting cycle - good to get in there early

https://www.dashcentral.org/budget
https://app.dashnexus.org/proposals/active

[WastedLTC]

Introducing the Platform Chain and the rationale for including a separate chain for recording platform data by Ivan Shumkov.

https://blog.dash.org/introducing-the-platform-chain-982fe6aea67f

Awesome update -- great to see DCG is working toward the best solution rather than trying to force everything through one single solution -- we have the most secure network of MN and it is great to see how we will be using this resource.    Keep on keeping on!

[A. k. solo]

Dash on VF (Visionary Financial) crypto social platform

https://micky.com.au/vf-launches-crypto-social-platform-and-mobile-ios-support/

#dash_force

[NibiruHybrid]

Dash Unveils Planned Platform Chain Sidechain for Decentralized Applications

Dash has announced the future creation of a sidechain, Platform Chain, for the upcoming Dash Platform in order to handle data for decentralized applications (DApps) more efficiently.

Read more - https://dashnews.org/dash-unveils-planned-platform-chain-sidechain-for-decentralized-applications/

[TaoOfSaatoshi]

Decentralized Deeper Thought: The Truth about Dash!



#Dash #DashNation

[Tungi17]

This week (10/18) at Dash Core Group!
- Removed old themes in desktop wallet
- Completed work in DashCore
- Mixing updates for PrivateSend
- Some refactoring in DashCore
- Completed tasks on Platform Machine
- Completed work on Dash Platform Protocol

https://blog.dash.org/product-update-october-17-2019-96069b4b3479

[Tungi17]

Cryptocurrency Dash Exhibits Real-World Application Through Venezuela Adoption
https://btcmanager.com/cryptocurrency-dash-venezuela-adoption/?q=/cryptocurrency-dash-venezuela-adoption/&&utm_source=share&utm_medium=ios_app&utm_name=iossmf

[arielbit]

Decentralized Deeper Thought: The Truth about Dash!



#Dash #DashNation

no evidence of evan using amazon servers?

he knew how and he can...ever heard the word deduction? deduce?

---snip---
How to launch EC2 instances to mine Darkcoin


I made an EC2-AMI with roughly my settings for mining DarkCoin. This is the cheapest and easiest way I've found to mine, and it's pretty easy. Here's a short walkthrough of how to get up and running:


1.) Open an EC2 account
2.) Go to aws.amazon.com, click EC2, then "Spot Requests", click "Request Spot Instance"

---snip---

your rant saying, "what ever evan does is his personal business"...just like any business offline like this.

guess what folks!

DASH current CEO Ryan Taylor has a love at first sight account...

Taylor05
Signup: January 19, 2014
Rating: Member

DASH launch date January 18, 2014


cross post at DASH ANN thread:

we have this...starring..

Taylor05
Signup: January 19, 2014
Rating: Member

Xcoin/Darkcoin/DASH was launched January 18, 2014

based from the article http://www.financemagnates.com/cryptocurrency/news/ryan-taylor-takes-dash-ceo-founder-evan-duffield/

Taylor has been a key contributor to Dash since mid-2014.

and look at Taylor05 posts https://bitcointalk.org/index.php?action=profile;u=223053;sa=showPosts;start=240

Taylor05 indeed started posting with his love at first sight account in Darkcoin thread...July 13, 2014 = mid -2014  

Ryan Taylor AKA Taylor05 is an Instaminer like Evan hahaha...  

so there you go DASH turds out there...debunk this shit  

That instamined fraud joins BT on launch day, post once on newbie section and then on second post in July is technical expert of the just implemented the Masternode scam.
I havn't meet on of this low-life supporters in the real world.  

which is still a mystery that no one here ever explained.


airdrop? restart? the community voted no, with "love at first sight accounts" that includes dash CEO, that community lost credibility
-thread link https://bitcointalk.org/index.php?topic=1282836.0--added TaoOfSaatoshi to that list  


the community wanted 84M to become 18M...LOL you all know that instamine will be diluted if you stick with 84M  


know that anyone can say anything but didn't mean to do it, if you are old enough you know there are persons who are like that.


"i invested a significant amount of money in dash" ---> TaoOfSaatoshi   ...well that's what all you need to know folks!  


what TaoOfSaatoshi is trying to do is change instamine to fastmine, in that way being a "fastmine" dash can stand beside any fastmined coins like doge in an attempt to hide its shady past..an attempt to obfuscate the "instamine" specifics that make it stand and unique.. the instamine word was invented due to the dynamics and specifics of what happened in dash shady beginnings.  


how about 1 month of information black out and accumulation after the instamine, where evan and his friends accumulated dash from other unsuspecting people (on forum and exchanges) who don't know that there will be a masternode scheme?
from this thread: DASH Masternodes - the perfect motive for the instamine  --> https://bitcointalk.org/index.php?topic=1796448.0

January 20, 2014 ..48 hours after the instamine

Great, now that everything is stable, I'll be posting later about the vision of this project and milestones! Time to move on to actually implementing what I set out to do.

just to grab an idea on the accumulation phase..

wut.. no premine but you have 5k to throw?  

WTB 20,000 Darkcoin for 1 BTC, PM me!

Looking to buy 10000 DRK, PM Me your offers!

----more than a month after the instamine----

remember before February 21, 2014, Evan already forked DASH from 84 Million supply to 18 Million..

clearly he is still not planning to tell the public about the masternodes in February 21, 2014 but since a guy asked him in reddit he was forced to speak about it....

In reply to: http://www.reddit.com/r/DRKCoin/comments/1yit1a/using_coinjoin_for_anonymity_is_errorprone/
--snip--
Masters

To defeat propagation problems, master nodes are elected each new block. They are responsible for being the authority of what goes into the joined transaction each session. This is done in a tamperproof way, but I think it’s not important to the discussion.
--snip--

why is it not important to discussion? can't get enough?

we can say that some people did really got some coins from the instamine bug but are willing to let go of their coins since they don't know that they can masternode it.

P.S. bury this post with your dash spam/ads tactics ...