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

[JollyGood]

This is an excellent post capturing the essential information in that graph. Increasing the DASH mining rewards will bring it more to the attention of investors but there has to be consensus which right now it is lacking.

Personally I am dismayed this  idea of taking miner share of block reward and adding it to masternode reward has come back again....Cheaply produced coins will be valued cheaply by the market, like deciding you can use tungsten instead of gold....Dash is not overpaying miners, Dash is overpaying masternodes

This is how I see it as well. I just don't get it.

Here's the real problem and why messing around with masternode block reward in the manner proposed IMO is going to make zip difference other than steadily deplete Dash's quality as an investable asset (though it may still remain a technically interesting payment medium)....

You can increase the mining block reward. You can decrease it. You can do whatever the hell you want with it, but 2 aspects of Dash "economics" remain unchanged:

1. the emission schedule
2. who pays for it

The cost of the maintaining the emission schedule is still 100% borne by miners, regardless of what reward they receive. That should have formed the starting point for any "economic analysis" because it's the only quantitively known factor in Dash's economics. If it costs them $100k to mine X days of Dash's emission curve, they still have to dump $100k of Dash on markets to pay for it. (Before MN's even sell 1 single Duff).

Similarly, it doesn't matter whether difficulty goes up, down or sideways or whether coin prices lead or follow mining cost. The relationship between reward ratio and supply to markets (in fiat value terms) is clear:

1. the generation cost of the ENTIRE supply is still borne by miners and that therefore determines the potential liquidity they supply to markets
2. that potential supply is only ADDED TO by increasing the masternode reward ratio

Sociological guesswork about stakeholder demographics and "who is most likely to sell" may or may not be useful, but it's no substitute for basic accounting which is unambiguous in pointing out where the price has to go to support the spraying of free money at a gated sector of the coin holding community which has to make supernormal profits at the ultimate expense of new investors.



Finally, by depleting the mining reward, we're making Dash:

 • less scarce (because, by definition, coins mined at high difficulty are more scarce than those mined at low difficulty - it's why competitive mining was invented)

 • less efficient in markets (because more fiat demand is needed to maintain the price for each coin mined)

 • less stable (because masternodes act against the natural correcting effect of difficulty adjustments by being able to continue to sell at a profit in bear markets)

What we need to do is increase the mining reward, not decrease it and whether Dash community people see it this way or not, it's how new investors will see it IMO. (Most of them can at least count).

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[afbitcoins]

Personally I am dismayed this  idea of taking miner share of block reward and adding it to masternode reward has come back again....Cheaply produced coins will be valued cheaply by the market, like deciding you can use tungsten instead of gold....Dash is not overpaying miners, Dash is overpaying masternodes

This is how I see it as well. I just don't get it.

Here's the real problem and why messing around with masternode block reward in the manner proposed IMO is going to make zip difference other than steadily deplete Dash's quality as an investable asset (though it may still remain a technically interesting payment medium)....

You can increase the mining block reward. You can decrease it. You can do whatever the hell you want with it, but 2 aspects of Dash "economics" remain unchanged:

1. the emission schedule
2. who pays for it

The cost of the maintaining the emission schedule is still 100% borne by miners, regardless of what reward they receive. That should have formed the starting point for any "economic analysis" because it's the only quantitively known factor in Dash's economics. If it costs them $100k to mine X days of Dash's emission curve, they still have to dump $100k of Dash on markets to pay for it. (Before MN's even sell 1 single Duff).

Similarly, it doesn't matter whether difficulty goes up, down or sideways or whether coin prices lead or follow mining cost. The relationship between reward ratio and supply to markets (in fiat value terms) is clear:

1. the generation cost of the ENTIRE supply is still borne by miners and that therefore determines the potential liquidity they supply to markets
2. that potential supply is only ADDED TO by increasing the masternode reward ratio

Sociological guesswork about stakeholder demographics and "who is most likely to sell" may or may not be useful, but it's no substitute for basic accounting which is unambiguous in pointing out where the price has to go to support the spraying of free money at a gated sector of the coin holding community which has to make supernormal profits at the ultimate expense of new investors.



Finally, by depleting the mining reward, we're making Dash:

 • less scarce (because, by definition, coins mined at high difficulty are more scarce than those mined at low difficulty - it's why competitive mining was invented)

 • less efficient in markets (because more fiat demand is needed to maintain the price for each coin mined)

 • less stable (because masternodes act against the natural correcting effect of difficulty adjustments by being able to continue to sell at a profit in bear markets)

What we need to do is increase the mining reward, not decrease it and whether Dash community people see it this way or not, it's how new investors will see it IMO. (Most of them can at least count).

I think a large part of the problem is that masternode owners can't/don't or won't see the service they provide as an additional cost to the network.
"Sociological guesswork about stakeholder demographics" That is in a nutshell what the proposal is based on, I'd like to see Ryan Taylor refute anything tok wrote in this post

[Tungi17]

Announcement: Chainalysis has Introduced Investigation and Compliance Support for Dash! 
https://blog.chainalysis.com/reports/introducing-chainalysis-investigation-compliance-support-dash-zcash

[qwizzie]

Dash Economics Discussion Series

Link : https://www.dash.org/forum/threads/dash-economics-discussion-series.50278/#post-222015

Join Dash Core Group’s Ryan Taylor from 6/10-6/15 as he hosts daily discussions with the community on the proposed changes to Dash economics.

The discussion will provide community members with the opportunity to share feedback and ideas surrounding Dash economics with Ryan and Dash Core Group.
Once these discussions are complete, we will take all feedback into consideration, followed by the submission of all economic proposals to the network for a vote.

Source : www.dash.org/forum
Credits : HeyMichael


Ashton Addison from CryptoCoinShow interviews Ryan Taylor about the new economic proposals to improve Dash as a store of value.

Link : https://www.youtube.com/watch?v=0HsRherFdag

Source : https://www.reddit.com/r/dashpay/new/
Credits : NibiruHybrid

[JollyGood]

It was an excellent article. I really like the part where it goes in to detail about:

"Dash, Zcash and privacy: What actually makes a privacy coin a privacy coin?"

Thank you for the link, makes very good reading.

Announcement: Chainalysis has Introduced Investigation and Compliance Support for Dash!  
https://blog.chainalysis.com/reports/introducing-chainalysis-investigation-compliance-support-dash-zcash

[TaoOfSaatoshi]

Dash On GokuMarket: Another Integration By Dash Next

When it comes to business development for Dash, the decentralized autonomous organization employs multiple teams. One of the most successful of these teams has been Dash Next, who are responsible for many integrations where Dash can now be used. Today, Christopher goes over their latest integration GokuMarket. Find out which of Gokumarket's offerings is rare in the crypto space on this episode of CATV.



Thanks for watching!

[Tungi17]

Huobi launches DASH Staking!
https://twitter.com/huobiglobal/status/1270565135644372992?s=21

[JollyGood]

I wonder how many people will sign up there on Huobi to start staking DASH and which percentage of existing Huobi users will take advantage of it.

Huobi launches DASH Staking!
https://twitter.com/huobiglobal/status/1270565135644372992?s=21

[qwizzie]

I wonder how many people will sign up there on Huobi to start staking DASH and which percentage of existing Huobi users will take advantage of it.

Huobi launches DASH Staking!
https://twitter.com/huobiglobal/status/1270565135644372992?s=21

I am still waiting for Kraken to follow up on their (many months old) announcement that they will implement Dash staking.
They really need to step up their game here.

Also i have difficulty understanding Huobi's staking (but really it is mining ?) model and how they can promise a 200% income bonus.
I am not even sure what their exact ROI is with staking Dash.

Link : https://www.hpt.com/







It looks like while locking your Dash, you are getting a percentage of a token (HPT) that has its own price volatility
(see : https://www.hpt.com/hptinfo & https://coinmarketcap.com/currencies/huobi-pool-token/).
That is not exactly staking Dash to build up more Dash.

[Tungi17]

Interview:
Dash Core CEO Ryan Taylor on Decentralization & the Future of Crypto Usage
https://www.financemagnates.com/cryptocurrency/news/dash-core-ceo-ryan-taylor-on-decentralization-the-future-of-crypto-usage/

[StonerStanley]

Careful there is a scammer on facebook who share your profil pic and inform you that you are the winner of 30 Dash.
If you click on the link then you'll be redirected on a page asking for your private key. Do not enter your private key !!



Links:

https://www.facebook.com/BlockchainAirdrop609027356
https://mydashwallet34892005.000webhostapp.com

[Tungi17]

Careful there is a scammer on facebook who share your profil pic and inform you that you are the winner of 30 Dash.
If you click on the link then you'll be redirected on a page asking for your private key. Do not enter your private key !!



Links:

https://www.facebook.com/BlockchainAirdrop609027356
https://mydashwallet34892005.000webhostapp.com

tx reported and shared

[Sophia Portera]

Dash is a solid coin. I keep track of Dash on https://www.worldcoinindex.com/coin/dash

[JollyGood]

Do you think Kraken will be able to follow through with their announcements? What would the reason be for them not implementing the changes to allow those staking facilities to their users? It beings negative publicity if they announce something but do not follow through with it.

I am still waiting for Kraken to follow up on their (many months old) announcement that they will implement Dash staking.
They really need to step up their game here.

Also i have difficulty understanding Huobi's staking (but really it is mining ?) model and how they can promise a 200% income bonus.
I am not even sure what their exact ROI is with staking Dash.

Link : https://www.hpt.com/

~snip~

[qwizzie]

Do you think Kraken will be able to follow through with their announcements? What would the reason be for them not implementing the changes to allow those staking facilities to their users? It beings negative publicity if they announce something but do not follow through with it.

I am still waiting for Kraken to follow up on their (many months old) announcement that they will implement Dash staking.
They really need to step up their game here.

Also i have difficulty understanding Huobi's staking (but really it is mining ?) model and how they can promise a 200% income bonus.
I am not even sure what their exact ROI is with staking Dash.

Link : https://www.hpt.com/

~snip~

I think Kraken will follow through on the staking of Dash (and Cosmos) on their platform, but they sure are taking their sweet time after their initial first announcement.
Maybe these platform changes take longer to implement then users expect, or maybe they have other reasons for delaying the actual implementation.

I just hope the adding of new altcoins to their platform (which they seem to be focused on lately), is not the primary reason for the delay.
Because if that is indeed the reason for delay, the implementation of staking could take a lot longer as it then becomes a matter of priority to them.

[TaoOfSaatoshi]

What Does A Chainalysis Integration Mean For Dash's Privacy?

Ever since Evan Duffield created Darkcoin and introduced PrivateSend mixing as a method to insure transactional privacy, it's been a point of pride for many in the Dash community. So, it comes as a shock to these people when Dash gets integrated into compliance firms such as Coinfirm or Chainalysis. But is the news so bad? Has Chainalysis broken Dash's privacy feature? Is the Dash community see the balance between this apparent hit to its privacy reputation and the reward of being eligible for further integrations and adoption? Christopher (Tao) looks at these questions and more in this episode of CATV.



Thanks for watching!

[JollyGood]

The sad part about it is they should have run some tests on their system to ensure they would be able to deliver within a reasonable time before they made the announcement. Kraken should have been a but more careful about it from the beginning.

About Huobi, I am going to take a little look at how they are implementing it from their side to get an idea of the behind the scene process but it is seems quite promising at first look though.

Do you think Kraken will be able to follow through with their announcements? What would the reason be for them not implementing the changes to allow those staking facilities to their users? It beings negative publicity if they announce something but do not follow through with it.

I am still waiting for Kraken to follow up on their (many months old) announcement that they will implement Dash staking.
They really need to step up their game here.

Also i have difficulty understanding Huobi's staking (but really it is mining ?) model and how they can promise a 200% income bonus.
I am not even sure what their exact ROI is with staking Dash.

Link : https://www.hpt.com/

~snip~

I think Kraken will follow through on the staking of Dash (and Cosmos) on their platform, but they sure are taking their sweet time after their initial first announcement.
Maybe these platform changes take longer to implement then users expect, or maybe they have other reasons for delaying the actual implementation.

I just hope the adding of new altcoins to their platform (which they seem to be focused on lately), is not the primary reason for the delay.
Because if that is indeed the reason for delay, the implementation of staking could take a lot longer as it then becomes a matter of priority to them.

[qwizzie]

Dash Core Release v0.16.0 on Dash Testnet

Link : https://blog.dash.org/product-brief-dash-core-release-v0-16-0-now-on-testnet-55c7ac5ff768

Source : https://www.reddit.com/r/dashpay/comments/h115ka/product_brief_dash_core_release_v0160_now_on/
Credits : Dash Core Group / Fernando

To those that want to test this release on Dash Testnet : https://www.dash.org/forum/threads/v0-16-testing.50294/#post-222067

**** this is a testnet-only release ****

[NibiruHybrid]

The Dash Investment Foundation (DIF), the first ownerless and memberless investment fund in the world, recently purchased physical gold on the crypto to gold trading platform Vaultoro as part of the fund’s Dash to gold rebalancing strategy.

Read more - https://cryptodaily.co.uk/2020/06/dash-crypto-backed-gold

[NibiruHybrid]

On today's episode Amanda speaks with Alfredo Terrero, COO & Co-Founder of IntoTheBlock. IntoTheBlock is an intelligence company that uses machine learning and statistical modeling to deliver actionable intelligence for crypto assets.

Question Timestamps:
00:27 What is IntoTheBlock and what was the inspiration behind it?
02:20 What are some of the metrics you provide?
05:43 Details about IntoTheBlock Partnership with Dash
08:34 Details about Dash promo discount code for IntoTheBlock

To celebrate the partnership and inclusion of IntoTheBlock onto the Dash website, IntoTheBlock is offering a 20% discount for a limited time only. Enter the code: dash2020 when signing up to receive your discount.

Watch here: https://youtu.be/9q-BZiPjsr0