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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9723473 times)
HinnomTX
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November 06, 2014, 08:44:05 PM
 #67881

its a shame that we as community cant take the time to discuss this properly with more details and more time
now we have talked it over in like 10 minutes and brushed it away. I'm not saying i'm for or against the proposal
but i would have liked more time to discuss it.
 


+1
This was a novel idea that got stopped before it even had time to be considered.  
There are practices in the business world that are worth exploring in the crypto world. Respect your ancesters, etc. etc.
Perhaps a pool of DRK for talent acquisition should be created. Much better than minting more DRKs, yes?

"One can only solve so much with cryptography. The rest of the solution will prove to be economic in nature." -Evan Duffield
Dash is Digital Cash.  https://www.dash.org
fernando
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November 06, 2014, 08:45:01 PM
 #67882

It's a shame the ShadowCash merger came out, but I'm going to go ahead and call it off completely. If we got approval from the ShadowCash team, the plan was to bring this to the community. I was never intending to act unilaterally to merge the two coins.  However, it appears that a majority of the community is against this idea, so we'll find other ways to acquire talent. Thanks for your input everyone. 

Good call. There is no reason why you won't be able to find devs. The fact that this was leaked before you could even negotiate it says a lot anyway. I'm glad it's off.
The reason is the lack of incentive. We don't have the funds yet to pay for developers, so we can't expect them to work for free. It is more profitable for them to just create a coin and be there from the beginning. If it goes well the reward will be much bigger for them. We'll be opening the foundation for memberships and donations in a few days. If people are generous we can solve many things, but the donation model brings the free rider problem, so we'll see Smiley

Anyway, all ideas on how to recruit developers are welcomed!
rentahash
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November 06, 2014, 08:45:20 PM
 #67883

its a shame that we as community cant take the time to discuss this properly with more details and more time
now we have talked it over in like 10 minutes and brushed it away. I'm not saying i'm for or against the proposal
but i would have liked more time to discuss it.
 



There was nothing to discuss. The second you talk about implementing a superblock, the discussion is off. Crypto isn't that. Period.

But what is the difference between superblock and reducing number of emitted DRKs per year dynamically at one point?
thelonecrouton
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November 06, 2014, 08:45:59 PM
 #67884

Good Call for the first time ever I was considering selling my darkcoins. I invested in the dev and solid natural growth. Dark is a clean community, no scams, no fights, solid. Bringing in other groups can change this. SDC is rumoured to be linked to scamming community members and printing DarkCoin is a terrible idea.

+1

I would have waited maybe a day or two to see what the short term price did, then dumped and moved on.
k0vic
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November 06, 2014, 08:47:08 PM
 #67885

Good Call

If we want good talent, then we should donate to the DarkCoin Foundation in a means where we can see that these donations are going towards just that, talent. To me this is one of the main reasons we should have a Darkcoin Foundation. I'd be more than willing to donate DRK or BTC if I can see what the funds I'm donating are going towards.

LTC- LKNm2UVuBgMLJNPU7pV5cgQnGx6PWGk7Ju
BTC- 1NHcECfk8oxJe83m9bPME2cdUCY72vuA2Y
Kai Proctor
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November 06, 2014, 08:47:33 PM
 #67886

its a shame that we as community cant take the time to discuss this properly with more details and more time
now we have talked it over in like 10 minutes and brushed it away.

agree with you...
I still find merging was a brilliant idea...

A bounty for new dev yeah ... but merging with a random coin, no. Do we have to merge each time a new dev want to join in ? What do their coin bring to the table ?
qwizzie
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November 06, 2014, 08:47:45 PM
 #67887

next time we have something important to discuss lets please discuss it simultenuously on the darkcointalk forum

Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
wozzek23
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November 06, 2014, 08:48:28 PM
 #67888

its a shame that we as community cant take the time to discuss this properly with more details and more time now we have talked it over in like 10 minutes and brushed it away. I'm not saying i'm for or against the proposal but i would have liked more time to discuss it.

Agreed. I also jumped (supporting) this move with my PR hat on, but than I started to think some more...

What ddink7 wrote:

You have the power to do so? Isn't crypto all about decentralization and math-based consensus to a (relatively) immutable basic protocol? I realize we are still in the development stages of DRK and consequently Evan has an unusual amount of power (e.g. enforcement), but this is a real reach. One person creating more coins in direct contravention of the basic protocol? If Evan can create more coins any time he wishes, how is he any different than the Federal Reserve?

was a very interesting take. I was already writing my musings but than Evan called it off so it would be a moot point.

But this is was a nice shock for the community - I LOVE to see so much passion and so many articulate opinions.

As the core idea of the merger was to acquire more developers. Let's start drumming up ideas how we can onboard new talent to the darkcoin team. There needs to be some sort of incentive or clever marketing to weed out some of the good devs

This is the key issue. I was thinking what would happen if Evan wasn't a brilliant guy but some prick who would, outvoted by the community, drop out? Is Darkcoin strong enough at this point to survive? I think not. What say you?
CryptoChronic
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November 06, 2014, 08:49:28 PM
 #67889

I just compiled the SDC QT wallet and am not seeing any of this alleged eyecandy? I see a bog standard bitcoin wallet with a dark theme and a chat tab.

I made an encrypted p2p chat app in python in under a day a few months ago. Don't speak c++ so can't add it to the DRK QT wallet but it would be simple for anyone that could code in c++

I'm struggling to share the optimism here, or see much value in the proposition as it stands.

This is what the wallet looks like for me.



You downloaded old wallet this is how it looks.. First Html5 overhaul of the wallet

fernando
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November 06, 2014, 08:50:23 PM
 #67890

As the core idea of the merger was to acquire more developers. Let's start drumming up ideas how we can onboard new talent to the darkcoin team. There needs to be some sort of incentive or clever marketing to weed out some of the good devs



I'll happily donate half my MN earnings to a developer fund if devs are needed, and I think they are. As long as it goes to professional devs hired/contracted who have real names and real experience, not some faceless cryptognat clown.
You are not alone there, but it is not a big field of donators. The foundation will be trying that, but competent developers are expensive, that's why we were exploring different ideas.
HinnomTX
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November 06, 2014, 08:52:11 PM
 #67891

its a shame that we as community cant take the time to discuss this properly with more details and more time
now we have talked it over in like 10 minutes and brushed it away. I'm not saying i'm for or against the proposal
but i would have liked more time to discuss it.
 



There was nothing to discuss. The second you talk about implementing a superblock, the discussion is off. Crypto isn't that. Period.

But what is the difference between superblock and reducing number of emitted DRKs per year dynamically at one point?

Steal from the future to pay for the present. So miners and masternode holders would receive 'less' coin. On the flip side, they might end up with 'more' in terms of fiat value, functionality, etc.

"One can only solve so much with cryptography. The rest of the solution will prove to be economic in nature." -Evan Duffield
Dash is Digital Cash.  https://www.dash.org
eahmadov
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November 06, 2014, 08:52:21 PM
 #67892

its a shame that we as community cant take the time to discuss this properly with more details and more time
now we have talked it over in like 10 minutes and brushed it away. I'm not saying i'm for or against the proposal
but i would have liked more time to discuss it.
 

Exactly, there should have been a proper discussion but ask yourself how this issue was presented to the community. Somebody from ShadowCoin just tweets a document that says with bold letter "Confidential"? Now what does that tells you about the "future business partners"? It was presented more like of a blackmaling than a business proposal.
shojayxt
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November 06, 2014, 08:52:30 PM
 #67893

As the core idea of the merger was to acquire more developers. Let's start drumming up ideas how we can onboard new talent to the darkcoin team. There needs to be some sort of incentive or clever marketing to weed out some of the good devs



I'll happily donate half my MN earnings to a developer fund if devs are needed, and I think they are. As long as it goes to professional devs hired/contracted who have real names and real experience, not some faceless cryptognat clown.

Actually something like a percentage of masternode payments going to a developer fund.  Start at a certain percentage and have it track the emission rate of the coin.  Ten percent is a good place to start decreasing over time.
stealth923
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November 06, 2014, 08:55:16 PM
 #67894

As the core idea of the merger was to acquire more developers. Let's start drumming up ideas how we can onboard new talent to the darkcoin team. There needs to be some sort of incentive or clever marketing to weed out some of the good devs



I'll happily donate half my MN earnings to a developer fund if devs are needed, and I think they are. As long as it goes to professional devs hired/contracted who have real names and real experience, not some faceless cryptognat clown.
You are not alone there, but it is not a big field of donators. The foundation will be trying that, but competent developers are expensive, that's why we were exploring different ideas.

I'm happy to donate half my MN earnings as we'll. We could create dev payment MNs where those masternodes are joint funded/donated but the earnings are used to pay devs. I'm just trying to think outside the box.
qwizzie
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November 06, 2014, 08:56:07 PM
 #67895

I just compiled the SDC QT wallet and am not seeing any of this alleged eyecandy? I see a bog standard bitcoin wallet with a dark theme and a chat tab.

I made an encrypted p2p chat app in python in under a day a few months ago. Don't speak c++ so can't add it to the DRK QT wallet but it would be simple for anyone that could code in c++

I'm struggling to share the optimism here, or see much value in the proposition as it stands.

This is what the wallet looks like for me.



You downloaded old wallet this is how it looks.. First Html5 overhaul of the wallet



tbh thats not a bad looking wallet...

Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
rentahash
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November 06, 2014, 08:56:57 PM
 #67896

its a shame that we as community cant take the time to discuss this properly with more details and more time
now we have talked it over in like 10 minutes and brushed it away. I'm not saying i'm for or against the proposal
but i would have liked more time to discuss it.
 



There was nothing to discuss. The second you talk about implementing a superblock, the discussion is off. Crypto isn't that. Period.

But what is the difference between superblock and reducing number of emitted DRKs per year dynamically at one point?

Steal from the future to pay for the present. So miners and masternode holders would receive 'less' coin. On the flip side, they might end up with 'more' in terms of fiat value, functionality, etc.

But we already did that once right?
Also changed block reward calculation DGW?
I still dont see difference?
wozzek23
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November 06, 2014, 08:57:57 PM
 #67897

You are not alone there, but it is not a big field of donators. The foundation will be trying that, but competent developers are expensive, that's why we were exploring different ideas.

Yeah but I think the power of the idea behind Darkcoin is so powerful that some brainpower could be attracted to it nevertheless. It is not cheap (for me and for many others) to support the idea with hard earned cash, and live with scorn of friends and family, given the investment's current (huge) loss.

But I don't care. I buy more with every single penny I can afford - at this juncture more as a statement than as an investment.

So, I think all this was a very good exercise. If the Foundation is going to be 501(c)(3) charity, some big investor might have an incentive to donate for a developer or two, no? There are many ways to attract good people...
oblox
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November 06, 2014, 08:59:19 PM
 #67898

its a shame that we as community cant take the time to discuss this properly with more details and more time
now we have talked it over in like 10 minutes and brushed it away. I'm not saying i'm for or against the proposal
but i would have liked more time to discuss it.
 



There was nothing to discuss. The second you talk about implementing a superblock, the discussion is off. Crypto isn't that. Period.

But what is the difference between superblock and reducing number of emitted DRKs per year dynamically at one point?


The fact that the reward structure is already mathematically designed in the source code. It hasn't been altered since it was changed due to the mishap in the beginning with the wrong block reward.
HinnomTX
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November 06, 2014, 09:02:15 PM
 #67899

As the core idea of the merger was to acquire more developers. Let's start drumming up ideas how we can onboard new talent to the darkcoin team. There needs to be some sort of incentive or clever marketing to weed out some of the good devs



I'll happily donate half my MN earnings to a developer fund if devs are needed, and I think they are. As long as it goes to professional devs hired/contracted who have real names and real experience, not some faceless cryptognat clown.
You are not alone there, but it is not a big field of donators. The foundation will be trying that, but competent developers are expensive, that's why we were exploring different ideas.
I disagree. Competent developers can create their own value wherever they choose to spend their time and talent. The problem is too many of them are tempted by short term greed. Launch, pump, dump. Repeat. Look at XC / Blocknet for the latest example. Other problems:
1. They are tempted by the prospect of levering up to a huge initial cache of coins they make for themselves either through pre-mine or insta-mining.
2. Devs are unwilling to accept that they can actually invest/mine/take donations in any existing coin and dramatically alter the course of development and prospects for success, if they have the talent and vision.
 

"One can only solve so much with cryptography. The rest of the solution will prove to be economic in nature." -Evan Duffield
Dash is Digital Cash.  https://www.dash.org
wozzek23
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November 06, 2014, 09:03:13 PM
 #67900

Exactly, there should have been a proper discussion but ask yourself how this issue was presented to the community. Somebody from ShadowCoin just tweets a document that says with bold letter "Confidential"? Now what does that tells you about the "future business partners"? It was presented more like of a blackmaling than a business proposal.

Ah, I didn't know this, missed it in the noise...

If someone from their team did that - well, screw the idiot and the best possible outcome, calling it off, was the only outcome. At least he had made 30% on that shadow thingy price today...
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