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

[Gash]

Dash core, poop galore... whatever who cares Shits are gonna dump back to 2020 lows while some gonna aim to post new lows coz the bullrun is seemingly over and done with. Dont wanna take wind out of ur burlap sail but u know, just look what charts say. Dash is among the worst performers, literally the worst or the second after XEM. After Elon got in with bullshit manipulation crypto space suddenly just stopped caring about tech.

[Nthelight]

Andy Freer (Dash Incubator) has updated the Dash Service Architecture diagram:



Some of the Dash Platform components briefly explained:

Tenderdash is the main underlying technology in Dash Platform to manage our state transitions for Dash Platform Dapps. It uses its own blockchain to register these Dapp state transitions. Any data related to Dapps, including DashPay (usernames) will be stored on that separate blockchain.

DAPI is a connection interface that allows anyone in the Dash P2P network to access data from our Core and Platform blockchain, without having to host a full node (and thus full blockchain). It's a major leap forward for anyone who wants to integrate with or build upon the Dash network.

ABCI is the logic that is plugged into Tenderdash, in our case it's Drive. ABCI is just a general term to describe such logic.

Envoy is a reverse proxy. It serves several purposes: it's an HTTP server, load balancer, DDoS shield (to some extent), and it's also a GRPC server for clients who connect directly through a binary protocol.

TFS (Transaction Filter Stream) are bloom filters etc for tx functions.

P2P network:

P2P network is anything connecting via P2P protocol (which in crypto today is everything, unless you want to trust a 3rd party on some level) In the diagram, I've tried to convey the topological innovation of DAPI whereby the system is designed to cater for a new type of client in crypto networks, i.e. stateless client-server type connections (direct from browser e.g. HTTP or gRPC), which the system is designed to serve directly at scale whilst staying decentralized . This is established through the MN network which is incentivized to do this or penalized for not doing it well enough, with the incentives scaling with the demand.

With the release of Dash Platform, any P2P connection essentially becomes a 'backend' task and we have a 'frontend' of users connecting via browser and mobile. The core principle is derived from an issue in P2P scaling whereby the paradigm is that users give and take to a network (seed and leech). In reality, most users just want to take (just connect and use the service). This architecture is designed to do that in a decentralized way whilst maintaining incentives, minimizing trust, access from any device and in a stateless way so everything is stored in our P2P network which effectively becomes like a cloud, which is why it shows the HTTP users at the bottom

Check out the following gource videos with the 2021 updates so far for Dash Core and Dash Platform:

a) One minute OpenGL visualization video showing all Dash Core updates since December 2020.

Overview of Dash Core V17 developer commit actions on GitHub:
https://www.reddit.com/r/dashpay/comments/nt43l8/one_minute_opengl_visualization_video_showing_all/



b) One minute OpenGL visualization video showing all Evolution updates since December 2020.

Overview of Dash Platform V17, V18 and V19 developer commit actions on GitHub:
https://www.reddit.com/r/dashpay/comments/nq1ld8/one_minute_opengl_visualization_video_showing_all/

DIP20 will become available to the network through BIP-9 style activation (miner signaling):

https://github.com/dashpay/dips/blob/master/dip-0020.md

So I've done some further digging ...

Reminder: We have only implemented a select set of OPCODES, check DIP20 for details.

DIP20 implements the 'P_CHECKDATASIG OPCODE' for example:

The opcode OP_Checkdatasig is a Script operation that checks the validity of a signature using a message and public key. Essentially the operation calculates the hash within a transaction in order to validate signatures in an automated way. OP_Checkdatasig allows for data to be imported that can be validated through the use of an oracle. The opcode has facilitated some very cool concepts on the BCH network like a noncustodial escrow system, an onchain SLP* token auction console, a recurring payment system, an endowment platform, and an onchain game of chess.

(*) The Simple Ledger Protocol (SLP for short) is basically a token platform. Tokens can be used to represent almost anything, from deeds, titles, and stocks to video game items, collectibles, and even vote.

https://www.reddit.com/r/dashpay/comments/nli9lw/dash_improvement_proposal_dip20_activation_of_btc/


V17 Migration Status:

Activation:

SPORK_23_QUORUM_POSE   true

Status:



Over 80% of the MN network is now running on V17:


Stay connected with the Dash Community through Reddit, Discord and/or Twitter:

https://www.reddit.com/r/dashpay/ (subreddit has about 41K members with activity increasing)

http://staydashy.com/ (takes you to the chat rooms on Discord with generally +300 users online)

https://twitter.com/Dashpay

There's a MyDashWallet tip bot active both on Reddit and Discord =)


[moderator's note: consecutive posts merged]

[Pang.]

I have not written for this forum in a long time, my work has kept me busy.

Over time and unfortunately for me, part of what I said more than a year ago that would happen has come true.

I said Dash would lose the top 50 and it has.

I said that the DEFI market would shift the tenure of master nodes, and it has been, from more than 5000 in a few months to just over 4450.

Stacking with other theoretically more versatile currencies such as ETH gains followers, even ATOM, or simply adding liquidity on decentralized exchanges offers similar returns to maintaining a complet master node, or shared node.

Everything that Dash contributes is very good, but there are more and more currencies that offer similar things.

Last week, for example, I made a couple of movements in ETH and I expected to pay high commissions, however they did not exceed $ 1, and the confirmation time was about 20 seconds.

Regarding the issue of privacy ... something for me fundamental as a right, it seems to have gone to a second level, and coins like Monero that have been clear since their creation have progressively grown.

It's not worth looking for guilty here, I guess we're all guilty.

For some time now I look at my Dash and I know that it will grow less than other currencies or that it will fall more than them, but it doesn't matter.

Life is elections, and when I said that the good path was not Venezuela, that we had to focus on the USA or Europe, nobody cared.

Today we reap what we have sown. I sincerely wish you health and luck in your lives and good luck to Dash.

a cordial greeting

[Nthelight]

V17 Migration Status:

87.7% of the MN network is now running on the V17 upgrade.



4387 active MNs, 88 MNs drop in the total count since SPORK23 PoSe activation (source: Dash Ninja).



There are currently 556 MNs with a PoSe penalty larger than zero.

Dash Podcast #174 with Glenn Austin (CFO Dash Core Group):



Click here:
https://www.reddit.com/r/dashpay/comments/o2zbeo/dash_podcast_174_with_dash_core_cfo_glenn_austin/

Crypto. Money. Life. : Spencer Tarring's Coin Review of DASH. [Jun 11, 2021]:



Click here:
https://www.reddit.com/r/dashpay/comments/o33ao4/crypto_money_life_spencer_tarrings_coin_review_of/

Dash Vending Machine' with Dash Wallet is up and running in Beta Test.  [Jun 18, 2021]:



Click here:
https://www.reddit.com/r/dashpay/comments/o3evst/we_are_pleased_to_announce_that_our_first/

Demo Dash point of sale (POS) based on ESP32 board. [Jun 18, 2021]:



Click here:
https://www.reddit.com/r/dashpay/comments/o3ffle/demo_of_a_dash_point_of_sale_pos_concept/

[arielbit]

I have not written for this forum in a long time, my work has kept me busy.

Over time and unfortunately for me, part of what I said more than a year ago that would happen has come true.

I said Dash would lose the top 50 and it has.

I said that the DEFI market would shift the tenure of master nodes, and it has been, from more than 5000 in a few months to just over 4450.

Stacking with other theoretically more versatile currencies such as ETH gains followers, even ATOM, or simply adding liquidity on decentralized exchanges offers similar returns to maintaining a complet master node, or shared node.

Everything that Dash contributes is very good, but there are more and more currencies that offer similar things.

Last week, for example, I made a couple of movements in ETH and I expected to pay high commissions, however they did not exceed $ 1, and the confirmation time was about 20 seconds.

Regarding the issue of privacy ... something for me fundamental as a right, it seems to have gone to a second level, and coins like Monero that have been clear since their creation have progressively grown.

It's not worth looking for guilty here, I guess we're all guilty.

For some time now I look at my Dash and I know that it will grow less than other currencies or that it will fall more than them, but it doesn't matter.

Life is elections, and when I said that the good path was not Venezuela, that we had to focus on the USA or Europe, nobody cared.

Today we reap what we have sown. I sincerely wish you health and luck in your lives and good luck to Dash.

a cordial greeting

Dash is a ponzi, a better ponzi comes along..of course Dash ponzi dies 

[podpod]

Dash will be here for a long time.
It has a huge following!  Even though price keeps tanking, there will be believers

[toknormal]

It has a huge following!  Even though price keeps tanking, there will be believers

Any protocol that issues so many of its coins at zero cost instead of exposing them to competitive bidding is bound to tank not only the price but also:

 • adoption
 • ranking
 • transaction count
 • masternode count

...and just about every other "store of value" metric.

But yes, there will always be "believers".



For those who find it difficult to get their heads around this concept, think of it this way. If you were designing a new coin for maximum marketcap would you:

A. subject its issuance to competitive bidding ?

B. give it away to be dumped on markets for a profit at any price ?

Dash is doing B, so don't be surprised if we lose another 30 ranking places over the next year and disappear off page 1 altogether.

[xkcdd]

But yes, there will always be "believers".

Tok, you are still here, I was wondering about you, did you take profit?  Or did you hold all the way down again?  If you think the fundamentals of this project are so poorly aligned, pray tell why you continue to hold the coin?  Or do you enjoy posting the same old tripe over and over again.  Like this latest garbage, LTC TXNS are boosted thanks to game called LiteBringer, is this the same as DASH's economic transactions?

[toknormal]

Or do you enjoy posting the same old tripe over and over again.

I only post every 10-drop in ranking places these days. Still keeps me busy though.

Thx for the heads-up about LiteBringer b.t.w. - that explains everything. Dash is doing "real, economic" transactions whereas everyone else is just doing fake ones. Gotcha  

[Nthelight]

[MasterMined710]

Just checking in while I'm not busy to see if this thread is still infested with trolls like normal. I'll check back in 10 months.

[toknormal]

Just checking in while I'm not busy to see if this thread is still infested with trolls like normal. I'll check back in 10 months.

Maybe you're not in as comfortable a position as you seem to think you are to be so dismissive.

Dash cannot hold its value against competing mined assets - of ANY type. That's despite voting through a policy specifically intended to address its store of value performance except this policy was flawed and assumed incorrectly that miners were "net sellers" when they are not (due to having to acquire the coin at cost before they can sell it).

What that meant is that the policy is having exactly the opposite of the intended effect and will continue to do so until we reverse it and restore our mining quota to a level that's at least competitive again.

[Piston Honda]

guys when make pump again to make me have lambo?!  please all 100 big dash owners who control this shitcoin, pleeeeeeeeeeeeeeeaeeaaasesesee

lol

[toknormal]

please all 100 big dash owners who control this shitcoin, pleeeeeeeeeeeeeeeaeeaaasesesee

Unfortunately baghodlers are the wrong people to ask to pump the price. If it was up to them you wouldn't need to beg.

Non-hodlers are who need to be appealed to but the Dash community is done with them and instead has buried itself out of sight in some discord echo chamber hidey-hole where they can only hear the calming sounds of each others voices

[podpod]

guys when make pump again to make me have lambo?!  please all 100 big dash owners who control this shitcoin, pleeeeeeeeeeeeeeeaeeaaasesesee

lol

Dash will only pump when BTC pumps.
On its own, Dash will continue sideways or down in value.  Its not a well known project worldwide, or its "market" has become smaller and smaller....
People dont care about Masternodes....  Defi and NFT's are the flavour of the day

[xkcdd]

and instead has buried itself out of sight in some discord echo chamber hidey-hole where they can only hear the calming sounds of each others voices

LOL, is that what you think?  The official discord is more trolly than this ANN thread these days, but the moderators tolerate it because if they removed it, they would also remove the bulk of the activity from the discord and render it dead.

[toknormal]

Oops ! You gave me a fright there.

Another mole pops up from the burrow to engage in the urgent "who's got most trolls" debate.

Just checking in while I'm not busy to see if this thread is still infested with trolls like normal. I'll check back in 10 months.

The official discord is more trolly than this ANN thread these days

Scurry off back to your echo chamber now both of you  

[xkcdd]

Scurry off back to your echo chamber now both of you  

Don't be so puerile Tok and let's instead talk about DASH. 
Have you read Ryan's recent megathread on DashDirect (CrayPay offering) that is an absolute game changer for the North American market?

https://twitter.com/RTaylor05/status/1412184441535954945

This is a big step forward in cementing DASH's supremacy in the Crypto Payments industry as the coin to goto for spending your crypto fortune. 

and as if that wasn't enough, yesterday we started miner signalling for the DIP20 hardfork and already we have 70% of the hashrate signalling readiness for the change, so we should be able to lock-in the change in a few weeks.    It looks like DASH is coming along nicely on several fronts, things are slowly happening and chugging along.  We also noticed we've stopped selling off Masternodes and started to hold the same level, perhaps even increasing slightly https://mnowatch.org/dash-stats/?20210708052009 DASH could be turning a bullish corner here.  Very exciting time for the dip buyers indeed ! 

[toknormal]

Have you read Ryan's recent megathread on DashDirect (CrayPay offering) that is an absolute game changer for the North American market?

Lovely.

[xkcdd]

An interesting new governance proposal is up https://www.dashcentral.org/p/reduce-the-proposal-fee-to-one-dash it aims to reduce the proposal fee to 1 DASH from 5.  The fee is required in order to submit a proposal into the DASH DAO for funding for some work you want to do.  The purpose is the reduce the barrier to entry to foster more involvement in the DAO which in recent months has been very lacklustre.  Also, the reduction helps keep the fee in line with the yearly reduction of DASH available for bidding in the DAO.  I have voted in the affirmative on this one, I hope others here take the time to the same.