[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1042.

aigeezer

legendary

Activity: 1450

Merit: 1013

Cryptanalyst castrated by his government, 1952

Quote from: Solarminer on August 09, 2016, 11:47:55 AM

Jaxx also has the exchange option. It will be adding dash soon and could be the first iphone dash wallet on the app store.

Javascript, according to Carlton Banks. He's wary of Jaxx: https://bitcointalksearch.org/topic/2016-08-09-jaxx-blockchain-wallet-to-integrate-dash-this-week-1580539

Lebubar

legendary

Activity: 1288

Merit: 1000

Hey,

Here my take.

Quote from: gerhard on August 09, 2016, 02:35:53 PM

I have a few questions...

Are there too many masternodes? A: No
Is it possible that one day there will be too many? A: I don't think so. The MAX supply in all time should be around 15M, that make a physical limit of around 15,000 Max MasterNodes (see next Answer)
Is it possible to limit the number of masternodes, A: There is a physical limit which is : (total coin supply) / 1000 : so 6,655 is the today's limit
and then have a mechanism for allowing a masternode owner to transfer the right to run a masternode to someone else? A: Sure you can, the same way you can "sell" a wallet or privatKey + MatnodePirvate Key (but I don't think it's the best solution as you can't be sure the seller didn't own backup or paper wallet... Best is to sell 1000Dash send them to buyer address and the buyer need to make his MN (about half an hour is enough)

Just thinking ahead.

gerhard

member

Activity: 78

Merit: 10

I have a few questions...

Are there too many masternodes?
Is it possible that one day there will be too many?
Is it possible to limit the number of masternodes, and then have a mechanism for allowing a masternode owner to transfer the right to run a masternode to someone else?

Just thinking ahead.

Solarminer

hero member

Activity: 826

Merit: 502

Quote from: Gi01 on August 09, 2016, 01:51:07 AM

Advice time

Say that I want to cashout a (minor) amount of my Dash coming from my nodes into €

Right now, this process is extremely long and costs a lot. The best option looks like:

- I move my Dash from my wallet to an exchange, i.e. Polo
- I buy BTCs
- I move these BTCs to an exchange that operates in €, i.e. 247exchange (best option IMHO right now for €)
- I buy €
- I Cashout €

All the above passages cost some money, in some cases actually a huge % that makes absolutely suboptimal to change less than 1K€ (and even there it's bad).

Am I missing something? Is there a better way?

Also, what about FIAT gateways project?

Thanks in advance

You can take the step of the exchange out. There are wallets with shapeshift integration that can convert Dash to BTC easily. Personally, I like a mobile wallet like Coinomi (android) so I can trade when prices change. Plus you can scan a QR code when sending to a btc to fiat processor instead of copying and pasting. The Exodus wallet is available for your desktop and is really easy to use. Jaxx also has the exchange option. It will be adding dash soon and could be the first iphone dash wallet on the app store.

You can also use bitsquare which is a decentralized exchange. You can exchange dash to btc and to fiat in small amounts. The exchange rates don't look very good, but it is an option.

emmo

newbie

Activity: 53

Merit: 0

Quote from: Gi01 on August 09, 2016, 01:51:07 AM

Advice time

Say that I want to cashout a (minor) amount of my Dash coming from my nodes into €

Right now, this process is extremely long and costs a lot. The best option looks like:

- I move my Dash from my wallet to an exchange, i.e. Polo
- I buy BTCs
- I move these BTCs to an exchange that operates in €, i.e. 247exchange (best option IMHO right now for €)
- I buy €
- I Cashout €

All the above passages cost some money, in some cases actually a huge % that makes absolutely suboptimal to change less than 1K€ (and even there it's bad).

Am I missing something? Is there a better way?

Also, what about FIAT gateways project?

Thanks in advance

https://www.litebit.eu/ and https://anycoindirect.eu/- second with better rates for small amounts Wink

Macno

legendary

Activity: 984

Merit: 1000

Quote from: pille on August 09, 2016, 04:45:19 AM

Quote from: Gi01 on August 09, 2016, 01:51:07 AM

Advice time

...

You may want to have a look at this site: https://www.bitwa.la/

Send Dash to them, they'll send the € to you SEPA account for 0.5% fee (and shapeshift fees for Dash to BTC)

Never tried it myself but looks promising.

more info: http://about.bitwa.la/bitwala-accepting-all-major-cryptocurrencies/

Works like a charm!

You can contact them here: https://steemit.com/@teambitwala

Minotaur26

legendary

Activity: 1092

Merit: 1000

Dash Across America: Why We Do What We Do and Run-ins with the Cops on the Way to Jackalope

https://letstalkbitcoin.com/blog/post/dash-across-america-why-we-do-what-we-do-and-run-ins-with-the-cops-on-the-way-to-jackalope

tungfa

legendary

Activity: 1834

Merit: 1023

DASH: Promising Cryptocurrency In An Uptrend

https://coinidol.com/dash-promising-cryptocurrency-in-an-uptrend/

Grin

pille

sr. member

Activity: 436

Merit: 250

Quote from: Gi01 on August 09, 2016, 01:51:07 AM

Advice time

...

You may want to have a look at this site: https://www.bitwa.la/

Send Dash to them, they'll send the € to you SEPA account for 0.5% fee (and shapeshift fees for Dash to BTC)

Never tried it myself but looks promising.

more info: http://about.bitwa.la/bitwala-accepting-all-major-cryptocurrencies/

Gi01

full member

Activity: 342

Merit: 110

Quote from: 110110101 on August 09, 2016, 02:42:37 AM

Quote from: Gi01 on August 09, 2016, 01:51:07 AM

Advice time

Say that I want to cashout a (minor) amount of my Dash coming from my nodes into €

Right now, this process is extremely long and costs a lot. The best option looks like:

- I move my Dash from my wallet to an exchange, i.e. Polo
- I buy BTCs
- I move these BTCs to an exchange that operates in €, i.e. 247exchange (best option IMHO right now for €)
- I buy €
- I Cashout €

All the above passages cost some money, in some cases actually a huge % that makes absolutely suboptimal to change less than 1K€ (and even there it's bad).

Am I missing something? Is there a better way?

Also, what about FIAT gateways project?

Thanks in advance

Unfortunately Dash is too small of an accepted currency to be used directly, so the only option, in most cases, is to go through Dash -> BTC -> Euro, or optionally Dash -> USD -> Euro. I had a quick check but did not find any good Dash<->Euro options. I have the same problem with my local currency so I have just chosen to use BTC if I need to withdraw in my local fiat currency. If you do find a good option, please let us know!

Well I don't see any other option but BTC

I was wondering what happened with FIAT gateways that was one of the projects in development

110110101

legendary

Activity: 1382

Merit: 1002

Quote from: Gi01 on August 09, 2016, 01:51:07 AM

Advice time

Say that I want to cashout a (minor) amount of my Dash coming from my nodes into €

Right now, this process is extremely long and costs a lot. The best option looks like:

- I move my Dash from my wallet to an exchange, i.e. Polo
- I buy BTCs
- I move these BTCs to an exchange that operates in €, i.e. 247exchange (best option IMHO right now for €)
- I buy €
- I Cashout €

All the above passages cost some money, in some cases actually a huge % that makes absolutely suboptimal to change less than 1K€ (and even there it's bad).

Am I missing something? Is there a better way?

Also, what about FIAT gateways project?

Thanks in advance

Unfortunately Dash is too small of an accepted currency to be used directly, so the only option, in most cases, is to go through Dash -> BTC -> Euro, or optionally Dash -> USD -> Euro. I had a quick check but did not find any good Dash<->Euro options. I have the same problem with my local currency so I have just chosen to use BTC if I need to withdraw in my local fiat currency. If you do find a good option, please let us know!

Gi01

full member

Activity: 342

Merit: 110

Advice time

Say that I want to cashout a (minor) amount of my Dash coming from my nodes into €

Right now, this process is extremely long and costs a lot. The best option looks like:

- I move my Dash from my wallet to an exchange, i.e. Polo
- I buy BTCs
- I move these BTCs to an exchange that operates in €, i.e. 247exchange (best option IMHO right now for €)
- I buy €
- I Cashout €

All the above passages cost some money, in some cases actually a huge % that makes absolutely suboptimal to change less than 1K€ (and even there it's bad).

Am I missing something? Is there a better way?

Also, what about FIAT gateways project?

Thanks in advance

Walter_S

sr. member

Activity: 310

Merit: 250

Quote from: 110110101 on August 09, 2016, 01:35:01 AM

Quote from: Walter_S on August 09, 2016, 01:09:18 AM

Quote from: 110110101 on August 07, 2016, 11:56:28 AM

Quote from: Walter_S on August 07, 2016, 09:27:20 AM

It's KVM 4vCPU, 4Gb RAM, 150GB Cached SSD storage, 2000GB Bandwidth. I have a swapfile enabled 75620 out of 4194300 used.

Thanks for your help

I have two masternodes running on low end Digital Ocean droplets. On average I'd say that either one of them drops offline about once a week, but I have a cron entry that restarts the masternode again. I don't have a swap file active, so I figured that it was probably a memory issue. But looking at your beefy setup I'd start to think that it is another issue rather than mem or swap running out.

Sounds similar to me, other than my set up is beefier... What I usually find is that it will drop offline when it's close to getting payment. One of mine has just dropped twice in 24 hours (auto-restarted) and it's due for payment imminently. Weird.

Walter

Coincidental, that happened to me as well two weeks back for both masternodes at the time for payment. Both dropped out of the list and I couldn't have them restarted via the cold wallet until the end of the day. One of the nodes had a hardware problem on Digital Oceans part, the other was just unlucky I guess. I have a simple firewall setup on the node, but of course, I was thinking with my tinfoil hat, whether it could be that some entity was knocking the masternodes of the network. I'm not sure if flooding port 9999 with junk could make this happen or not. For the past week both masternodes have been running OK and a payment was made last night so who knows....

Yeah, I know my masternodes are set up correctly. I've only been doing this for 2 years... Cool

I never used to get this issue in the past, it's only the last 6 months that it's become more frequent. I am becoming increasingly suspicious that either a) there is a bug somewhere, or b) that something/someone is knocking these nodes off.

This issue can also be seen in the masternode count level. It will quite often just drop by over 100 for no reason, usually around superblock time(?) and then they all come back online during the following days.

Walter

110110101

legendary

Activity: 1382

Merit: 1002

Quote from: Walter_S on August 09, 2016, 01:09:18 AM

Quote from: 110110101 on August 07, 2016, 11:56:28 AM

Quote from: Walter_S on August 07, 2016, 09:27:20 AM

It's KVM 4vCPU, 4Gb RAM, 150GB Cached SSD storage, 2000GB Bandwidth. I have a swapfile enabled 75620 out of 4194300 used.

Thanks for your help

I have two masternodes running on low end Digital Ocean droplets. On average I'd say that either one of them drops offline about once a week, but I have a cron entry that restarts the masternode again. I don't have a swap file active, so I figured that it was probably a memory issue. But looking at your beefy setup I'd start to think that it is another issue rather than mem or swap running out.

Sounds similar to me, other than my set up is beefier... What I usually find is that it will drop offline when it's close to getting payment. One of mine has just dropped twice in 24 hours (auto-restarted) and it's due for payment imminently. Weird.

Walter

Coincidental, that happened to me as well two weeks back for both masternodes at the time for payment. Both dropped out of the list and I couldn't have them restarted via the cold wallet until the end of the day. One of the nodes had a hardware problem on Digital Oceans part, the other was just unlucky I guess. I have a simple firewall setup on the node, but of course, I was thinking with my tinfoil hat, whether it could be that some entity was knocking the masternodes of the network. I'm not sure if flooding port 9999 with junk could make this happen or not. For the past week both masternodes have been running OK and a payment was made last night so who knows....

Walter_S

sr. member

Activity: 310

Merit: 250

Quote from: 110110101 on August 07, 2016, 11:56:28 AM

Quote from: Walter_S on August 07, 2016, 09:27:20 AM

It's KVM 4vCPU, 4Gb RAM, 150GB Cached SSD storage, 2000GB Bandwidth. I have a swapfile enabled 75620 out of 4194300 used.

Thanks for your help

I have two masternodes running on low end Digital Ocean droplets. On average I'd say that either one of them drops offline about once a week, but I have a cron entry that restarts the masternode again. I don't have a swap file active, so I figured that it was probably a memory issue. But looking at your beefy setup I'd start to think that it is another issue rather than mem or swap running out.

Sounds similar to me, other than my set up is beefier... What I usually find is that it will drop offline when it's close to getting payment. One of mine has just dropped twice in 24 hours (auto-restarted) and it's due for payment imminently. Weird.

Walter

steveds

legendary

Activity: 966

Merit: 1000

Quote from: ?? on ??

Faucet still not functioning properly.....

http://www.drkfaucet.co/

Can the owner please fix the pay-outs??

....Broken now for 1.5 months-ish

The name itself says it all. You could find a lot of them faucetbox anyways.

kointrend

hero member

Activity: 655

Merit: 500

https://cointelegraph.es/news/el-ecosistema-dash-se-expande

In spanish but I like the start:

Digital Cash, también conocido como DASH, (Digital Cash, also known as Dash).

qwizzie

legendary

Activity: 2548

Merit: 1245

https://steemit.com/dash/@cryptoeasy/dash-is-the-solution-to-bitcoin-problem-of-privacy-and-speed

Quote

Future cryptocurrency updates are expected with regularly, and include advances such as the cryptographic communication technology by multipath,
which is already in development, and that will bring another layer of privacy to the system, allowing users to communicate securely with network,
without exposing their IP addresses at the same time hiding the identity of the nodes Darksend. Thus, it becomes extremely difficult, if not impossible,
to third parties to obtain information from users. Through the multipath routing, you can send to users, redundantly, multiple encrypted messages for different
routes on the network "mesh".

Is it me or does this author seem to know a lot more then we do ? Undecided

It would be great though, to have anonymity both on client/source level (Privatesend) and on masternode network level

edit : and with great i mean really really really great

tungfa

legendary

Activity: 1834

Merit: 1023

Dash Sets Record Market Cap as it is About to be Added on Jaxx

http://www.financemagnates.com/cryptocurrency/trading/dash-sets-record-market-cap-as-it-is-about-to-be-added-on-jaxx/

Grin

110110101

legendary

Activity: 1382

Merit: 1002

Quote from: Walter_S on August 07, 2016, 09:27:20 AM

It's KVM 4vCPU, 4Gb RAM, 150GB Cached SSD storage, 2000GB Bandwidth. I have a swapfile enabled 75620 out of 4194300 used.

Thanks for your help

I have two masternodes running on low end Digital Ocean droplets. On average I'd say that either one of them drops offline about once a week, but I have a cron entry that restarts the masternode again. I don't have a swap file active, so I figured that it was probably a memory issue. But looking at your beefy setup I'd start to think that it is another issue rather than mem or swap running out.

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1042. (Read 9723733 times)