Dash Discussion Thread

[qwizzie]

How Dash Works

Peer-to-peer digital currency differs from traditional money in that there is no central authority responsible for monitoring supply and authenticity.
Instead, the hard laws of mathematics govern supply and ensure that only legitimate owners can spend their balances. Assuming users follow
recommended security practices, this makes fraudulent spending and theft almost impossible. In the absence of a central authority, each node on
the network itself must come to an agreement (or consensus) on the balances of each account (or address) every few minutes. This information is
then stored in a block, and irreversibly written and linked to the previous block to form a chain. This constantly updated ledger is accessible by any
user of the network and is called the blockchain.

Dash builds on this simple (although somewhat unfamiliar) concept by offering users instant, private and secure transactions that are so simple,
you won’t even know you are transacting on a blockchain. Anyone can participate in the network, and Dash is widely available for purchase around
the world. The ingenious masternode network means sending any sum of money around the world is as simple as tapping your phone at your local
store to buy groceries. Say goodbye to slow transactions, complex international account numbers and high transaction fees – Dash is digital cash!

Dash Main Website : https://www.dash.org/

Dash News Site : https://dashnews.org/

Dash Roadmap : https://www.dash.org/roadmap/

Dash Merchants Place (including Statistics) : https://discoverdash.com/

Dash Social Media

Twitter       : https://twitter.com/Dashpay
Facebook   : https://www.facebook.com/DashPay
Reddit       : https://www.reddit.com/r/dashpay/
Youtube     : https://www.youtube.com/channel/UCAzD2v9Yx4a4iS2_-unODkA
Discord      : https://discordapp.com/invite/9z8zX5j
Instagram  : https://www.instagram.com/dashpay/
Linkedin    : https://www.linkedin.com/company/dash---digitalcash-cryptocurrency-
Steemit     : https://steemit.com/@dashpay
Telegram   : https://t.me/joinchat/AAAAAFB4DI7btbvplYDgkQ & https://t.me/dash_chat
 

This thread is ment to provide Dash discussion to the Bitcointalk forum users in this Altcoin Discussion section.
This thread includes (but is in no way limited to) : general Dash information and specific Dash news.
This thread is only moderated on two words : scam and premine, as both of those words are often falsely used by trolls who want to press Dash into
either the scam corner or the premine corner. Dash does not belong in either corner.

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

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[qwizzie]

Dash Launches New Website Refresh With User Flows, Roadmap
Link : https://dashnews.org/dash-launches-new-website-refresh-with-user-flows-roadmap/

Credits : NibiruHybrid
Source : https://bitcointalk.org/index.php?topic=421615.msg49964748#msg49964748

Link : https://www.dash.org/

Dash has launched a new main Dash.org website, including user-specific flows and a relaunch of Dash’s long-term roadmap.

In a recent post on the Dash forum, Dash Core CMO Fernando Gutierrez outlined the goal of creating a dynamic site that was much easier
to update than the previous one, which had fallen out of date

Dash’s long-awaited roadmap is finally up
Link : https://www.dash.org/roadmap/

[muslol67]

Nowadays, dozens of similar projects are emerging each day. Quality projects such as DASH are no longer coming. I think it's a very good and thoughtful thread. Thank you.

[qwizzie]

Nowadays, dozens of similar projects are emerging each day. Quality projects such as DASH are no longer coming. I think it's a very good and thoughtful thread. Thank you.

Thank you for your kind words.

[Bttzed03]

One of the very few projects that's really working towards crypto mass adoption. I especially like how the team has penetrated Venezuela.

[qwizzie]

One of the very few projects that's really working towards crypto mass adoption. I especially like how the team has penetrated Venezuela.

Yep, the Dash adoption there is pretty impressive : https://discoverdash.com/stats/

[qwizzie]

Video: Can Evolution Bring Dash To The Top?
https://cryptobriefing.com/video-dash-evolution-top/

(this picture is not clickable, use link above).

[qwizzie]

https://dashnews.org/herosphere-now-enables-esports-betting-via-dash/


Credits : NibiruHybrid
Source : https://bitcointalk.org/index.php?topic=421615.msg49944803#msg49944803

[Kolikalex55]

To be honest DASH is a good and well-established coin in the market, I think that the coin has good potential. I once heard that in the development team there is a man who used to be a developer of bitcoin. Is that true or rumor ?)

[qwizzie]

To be honest DASH is a good and well-established coin in the market, I think that the coin has good potential. I once heard that in the development team there is a man who used to be a developer of bitcoin. Is that true or rumor ?)

This is Dash current dev-team : https://www.dash.org/team/
It could very well be that some of these developers have worked on the Bitcoin project in some way before (Bitcoin is a large project after all) and then made a switch to Dash at some point.

Also Evan Duffield (Founder of Dash) was first very interested in Bitcoin, but when he found out he could not make the Bitcoin developers add privacy elements into the Bitcoin project
(Bitcoin developers feared hard forks i guess or were just not interested in privacy at that time) he ended up creating Dash as altcoin and functioned as Dash Lead Developer for awhile.
He left the Dash Core Group in 2017 and created a seperate project named DashLabs where on-chain scaling applications and research is performed.
One use case came out of DashLabs so far : https://dashnews.org/dash-labs-exclusive-update-interview-with-tito-rios-on-data-collection-protocol/  

[qwizzie]

In their tweet, CoinBene said that Dash is “a coin that’s revolutionizing a whole country” and is “a currency that, even in the low market, can be consistently valued” referring
to Dash’s focus on real world usability. Currently, CoinBene has “3 million active users worldwide, and offers over 100 cryptocurrency pairings” and only charges a 0.10% fee
for purchasing and selling cryptocurrencies, which is the lowest rate in Brazil.

Read more : https://dashnews.org/brazilian-exchange-coinbene-expands-liquidity-with-dash-integration/

Credits : NibiruHybrid
Source : https://bitcointalk.org/index.php?topic=421615.msg49974585#msg49974585

[Stella_btc]

Dash offers some unique features such as increase level of privacy and security and relatively lowere transaction fee.One major advantage is that Dash has got lot of promising ideas under its cap and some good team to back them up. If you want to invest in dash you can try here at best rates.
So if they are successful with their ideas, they are definitely going to outshine other crypto.Being one of the most accepted altcoins in the cryptocurrency market, Dash has experienced a stable growth in the past years.

Dash is one of the first digital currencies to exist with a decentralized blockchain governance system.

[qwizzie]

Bitcoin and Dash Become Crypto Trailblazers in Anarchist Paradise with Drugs, Guns, and Turtles
https://u.today/bitcoin-and-dash-become-crypto-trailblazers-in-anarchist-paradise-with-drugs-guns-and-turtles

Dash, a cryptocurrency that is popular with merchants in Latin American countries, is also popular with Acapulco anarchists.
Instead of using government-controlled paper money, they use Dash for buying a glass of juice. All it takes is to scan a barcode
for one’s transaction to be processed completely anonymously.

[qwizzie]

Ledger Nano S bugs may lose you your life savings, version update is crucial
https://www.chepicap.com/en/news/7802/bugs-on-ledger-may-lose-you-your-life-savings-version-update-is-crucial.html

Ruben Somsen, the founder of Seoul Bitcoin expose bugs on Ledger wallet, urging all users to upgrade to the latest version.  

The founder of Seoul Bitcoin meetup, Ruben Somsen just posted a series of tweets on his account about Ledger security issues.

He claimed to have gathered info about the bugs on Ledger that could “send away ALL funds from ALL your accounts, with NO warning from the device”.

Somsen started by suggesting all Ledger users to update to the latest version of v1.5.5 that contained “critical security fix on the Bitcoin app”.

I'm not sure if these severe bugs also impact the Dash app on the Ledger Nano S hardware wallet (only the Bitcoin app is mentioned), but better be safe then sorry.

[qwizzie]

CrowdNode Offers Fractional Masternode Voting, Giving Small Dash Holders Voting Rights



Read more : https://dashnews.org/crowdnode-offers-fractional-masternode-voting-giving-small-dash-holders-voting-rights/

Credits : NibiruHybrid
Source : https://bitcointalk.org/index.php?topic=421615.msg50019893#msg50019893

[clonely]

With Thread, you have explained what is DASH. But do you have a general summary? Why should we buy DASH? What does DASH expect in the future? What does it promise in economic and real life for us?

[qwizzie]

With Thread, you have explained what is DASH. But do you have a general summary? Why should we buy DASH? What does DASH expect in the future? What does it promise in economic and real life for us?

General summary : Dash is a cryptocurrency with a focus on instant, low cost and secure transactions that can be used by anyone.
Dash wants to function as an actual currency, so it can be used as digital cash on a global level. Dash tries to achieve this by keeping
its transactions cheap, fast, user-friendly, upscalable and with optional privacy. Dash has a decentralized budget and governance system
in place which allows it to move into a certain direction without much distraction as the network can easily be polled when questions arise
(questions like which way to go, what projects to fund, what kind of marketing Dash needs, what kind of PR it wants).

Why should you buy Dash : Dash has build a reputation of actually delivering what it set out to do and is actively expanding its use cases
from functioning just as a privacy coin to functioning as digital cash with optional privacy. Dash is gaining traction and adoption in
Latin America (Venezuela, Colombia) where people are using cryptocurrency more and more in their daily lives to buy food or products
and services because their traditional fiat system is letting them down. When demand is rising and supply is limited the economic aspect
will start to take over at some point (price will start to rise). Dash circulating supply is low (8,7 million Dash), more than half of it is in
hands of longterm investors (masternode owners) and its deflational by nature (annual there is a reduction of its blockrewards of -7.1 %).
Dash is an excellent investment to keep longterm or can easily be used as digital cash.

What does Dash exspect in the future : Dash is working on a large update named Dash Evolution, where it is actively developing and offering
additional services that can run on top of its network. Services like decentralized apps (dapps), decentralized api (dapi), blockchain usernames
which you can search for and add on a decentralized friend list and Dashdrive where metadata can be stored on its network.
This should greatly increase number of users, number of transactions and makes it far more easy for merchants to
integrate and support Dash.

What does Dash promise in economic and real life : a cryptocurrency that can act as digital cash to buy products and services
and an excellent longterm investment.

[Mishael]

Dash has a better innovation, it seems the team's performance is very solid and this will add more valuable and more popular Dash. Incredible developments and certainly will continue to grow to get many investors. Could Dash be able to shift other altcoins and become the second position after bitcoin?

[qwizzie]

Dash has a better innovation, it seems the team's performance is very solid and this will add more valuable and more popular Dash. Incredible developments and certainly will continue to grow to get many investors. Could Dash be able to shift other altcoins and become the second position after bitcoin?

Well, that is certainly an interesting question. Ultimately i think there will only be a few select crypto projects out there that will have use cases that the market will classify as essential and valuable and grant larger marketcap.
Some of these crypto projects are more suitable as store of value (Bitcoin), while others are more suitable as utility (Ethereum) or to be used as actual currency / digital cash (Dash).

 


  

[qwizzie]

Announcing Dash on VegaWallet, the first wallet and payment system using Bitgo Multi-Sig and InstantSend. To celebrate, we are holding a contest to design a Dash theme.
The winning design, will be the official Dash themed version of VegaWallet.

Learn more: https://www.vegawallet.com/dash-on-vegawallet-design-contest.html