DASH public fork possible?

[konfuzius5278]

So my secound thread about DASH

I wonder how many percent of transaction are anoymous. Maybe 10%.

For 10% of users DASH takes the risk to be forbidden as security token in several countrys (look at Monero).

I know DASH has a voting system from Masternode but I wonder if in last time there was a vote about that.

So maybe it would be a good idea to make (again)  a voting about that. And if DASH masternode users dont want maybe there should be a fork a certain block height like BCH.

Perhaps you ask what is left then? A payment system can send wourldwide within 3 sec.

Whats your idea about that?

[1714310959]

1714310959

[1714310959]

1714310959

[1714310959]

1714310959

[qwizzie]

So my secound thread about DASH

I wonder how many percent of transaction are anoymous. Maybe 10%.

For 10% of users DASH takes the risk to be forbidden as security token in several countrys (look at Monero).

I know DASH has a voting system from Masternode but I wonder if in last time there was a vote about that.

So maybe it would be a good idea to make (again)  a voting about that. And if DASH masternode users dont want maybe there should be a fork a certain block height like BCH.

Perhaps you ask what is left then? A payment system can send wourldwide within 3 sec.

Whats your idea about that?

Sure its possible, there have been a few direct forks of Dash i think (PIVX for example is forked from Dash). Problem with the public fork of Dash that you want is that you want to disable
the optional privacy part of Dash, when Dash already has no problems integrating merchants and users and is well represented on exchanges (one exchange in Japan excluded).  

This means that it will be extremely difficult to get users from the original Dash community to follow you to your fork and you will basicly start from scratch in a cryptomarkt that is overfilled
with cryptoprojects already. I just dont see much interest for it when Dash with its optional privacy is doing so well.

Also Dash does not run the risk of getting classified as security token, i'm not sure where you got that from.

https://www.dash.org/forum/threads/dash-community-q-a-2-part-post.33612/ (See legal part)

Dash is not being marketed as an investment and there is no enterprise selling it, so there is no way it can be considered a security using the criteria in the Howey test.

Dash simply does not match all the criteria in the Howey test. There is no expectation of profit coming from the efforts of others making DASH very unlikely to be considered a security.
Even bitcoin fall in this category (not security). This statement lays out four main criteria for an asset to be defined as a security:

It must be an investment of money
The money must be held in a common enterprise
There must be an expectation of profit
The profits must come solely from the efforts of others

Hell, even Ethereum is not regnoniced as security by the SEC and they had a pretty large premine (70% ?).



    

[konfuzius5278]

I know every Masternode coin is forked from DASH.

Maybe security token was the wrong word I mean a token with complete anonymus send is possible. Or I hear wrong that Monero is forbidden in US?

My idea was mainly to do this with main coin, cause I dont see any reason to keep security send.

But as there are always two parties it would be hard to find conclusion. And then miner can decide.

[redsun114]

I am a dev and I have personally created a lot of coins from forking dash github, I don't think a lot of persons make use of the coin but the truth is that most of the coins created with masternode are mostly a fork from dash.

For example, pivx is a fork from dash coin with just some improvement made to the source code. We also have other coins that was forked from dash which I don't even know.

[konfuzius5278]

I am a dev and I have personally created a lot of coins from forking dash github, I don't think a lot of persons make use of the coin but the truth is that most of the coins created with masternode are mostly a fork from dash.

For example, pivx is a fork from dash coin with just some improvement made to the source code. We also have other coins that was forked from dash which I don't even know.

As I said not new start but fork at certain point.

To change orignal coin or have an alternative.  So if you want to do I am in :-)

[jvper]

Are you sure this is already a problem? Or are you only trying to anticipate the risk of Dash becoming forbidden? Maybe you are rushing too much and nothing should be done at this moment. Also, remember that money should be private, so this is a good property of Dash, not a negative one.

[konfuzius5278]

Are you sure this is already a problem? Or are you only trying to anticipate the risk of Dash becoming forbidden? Maybe you are rushing too much and nothing should be done at this moment. Also, remember that money should be private, so this is a good property of Dash, not a negative one.

I read in one article that there is problem with Monero and US. But I dont find again so maybe fake.
I am not sure if there is a need of real privay. You have semy privacy with every coin it can be seen as that. But if you find a child porn dealer wallet, I would like to have a chance to identify the people send money to him....

[prtty2gal2]

Then you are actually talking about creating an hard fork and not just a regular fork of the github source code and making changes, i don't think there have been a hard fork created for dash coin and I don't still see any reason to create one when I can actually create that of bitcoin that already have a lot of users.

Moreover, it's a good idea because dash coin is also a coin with great potentials even if it has not be focused on this days people will always need free money.