qwizzie (OP)
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March 01, 2019, 10:16:46 AM Last edit: September 25, 2019, 06:39:22 AM by qwizzie |
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How Dash WorksPeer-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 MediaTwitter : https://twitter.com/DashpayFacebook : https://www.facebook.com/DashPayReddit : https://www.reddit.com/r/dashpay/Youtube : https://www.youtube.com/channel/UCAzD2v9Yx4a4iS2_-unODkA Discord : https://discordapp.com/invite/9z8zX5jInstagram : https://www.instagram.com/dashpay/Linkedin : https://www.linkedin.com/company/dash---digitalcash-cryptocurrency-Steemit : https://steemit.com/@dashpayTelegram : 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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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
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I HATE TABLES I HATE TABLES I HA(╯°□°)╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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muslol67
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March 01, 2019, 10:21:06 AM |
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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.
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qwizzie (OP)
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March 01, 2019, 10:26:26 AM |
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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.
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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
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Bttzed03
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https://bitcoincleanup.com/
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March 01, 2019, 10:34:47 AM |
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One of the very few projects that's really working towards crypto mass adoption. I especially like how the team has penetrated Venezuela.
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qwizzie (OP)
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March 01, 2019, 10:36:05 AM |
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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/
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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
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qwizzie (OP)
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March 01, 2019, 10:45:23 AM |
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Video: Can Evolution Bring Dash To The Top?https://cryptobriefing.com/video-dash-evolution-top/(this picture is not clickable, use link above).
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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
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qwizzie (OP)
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March 01, 2019, 11:00:42 AM Last edit: May 24, 2019, 07:28:27 PM by qwizzie |
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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
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Kolikalex55
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simply getting the job done
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March 01, 2019, 11:25:26 AM |
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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 ?)
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Mycro Jobs 〈 SIMPLY GETTING THE JOB DONE ⟩
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qwizzie (OP)
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March 01, 2019, 01:18:06 PM Last edit: March 01, 2019, 01:38:03 PM by qwizzie |
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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/
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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
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qwizzie (OP)
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March 01, 2019, 03:00:04 PM Last edit: May 24, 2019, 07:29:27 PM by qwizzie |
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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
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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
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Stella_btc
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March 01, 2019, 03:40:48 PM |
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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.
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qwizzie (OP)
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March 01, 2019, 05:24:52 PM |
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Bitcoin and Dash Become Crypto Trailblazers in Anarchist Paradise with Drugs, Guns, and Turtleshttps://u.today/bitcoin-and-dash-become-crypto-trailblazers-in-anarchist-paradise-with-drugs-guns-and-turtlesDash, 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.
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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
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qwizzie (OP)
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March 01, 2019, 06:04:02 PM |
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Ledger Nano S bugs may lose you your life savings, version update is crucialhttps://www.chepicap.com/en/news/7802/bugs-on-ledger-may-lose-you-your-life-savings-version-update-is-crucial.htmlRuben 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.
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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
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qwizzie (OP)
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March 04, 2019, 07:37:06 PM Last edit: May 24, 2019, 07:30:10 PM by qwizzie |
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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
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clonely
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SEND AND RECEIVE MONEY INSTANTLY
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March 04, 2019, 08:31:29 PM |
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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?
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qwizzie (OP)
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March 05, 2019, 05:36:10 AM Last edit: March 06, 2019, 08:55:31 AM by qwizzie |
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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.
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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
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Mishael
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March 05, 2019, 06:09:09 AM |
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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?
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qwizzie (OP)
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March 05, 2019, 06:31:09 AM |
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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).
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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
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qwizzie (OP)
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March 06, 2019, 08:48:56 AM Last edit: May 24, 2019, 07:31:05 PM by qwizzie |
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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.
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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
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