[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1103.

RenegadeMan

hero member

Activity: 658

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Quote from: toknormal on June 12, 2016, 02:36:14 PM

Sorry about that - posted in the wrong thread. That last one was targetted for the Bitcoin Wall Observer thread Roll Eyes

Have been enjoying your Wall Observer posts Tok (you two timing BCT whore who just sat back down at the wrong table in the wrong clothes. Ha!)

Honest Tim

hero member

Activity: 768

Merit: 1000

Quote from: BiteMyShinyMetalAss on June 12, 2016, 05:21:25 PM

Wau, DASH difficulty and hash rate, like doubled!

Hmmm, struggling to understand why that would happen in light of bitcoin's recent rise and alt's (dash's) downturn???

afreer

newbie

Activity: 54

Merit: 0

Quote from: ArticMine on June 12, 2016, 03:35:26 PM

Quote from: eduffield on June 10, 2016, 05:42:08 PM

...

Doesn't that mean ASICs caused decentralization in our case? Wink

(temporarily anyway... I don't think this will last forever. The incentives are prone to cause centralization in the end, we're working on that problem as well)

I am far from convinced that the kind of mining concentration in China that occurred in Bitcoin after the introduction of ASICS will repeat itself in Dash. This is because the latency introduced by the Great Firewall of China around 500 ms has a much greater impact on a coin with a 2.5 min blocktime than on a coin with a 10 min blocktime. Furthermore DASH has an effective blocksize 4x that of Bitcoin and the Chinese Bitcoin miners are fighting any significant increase in the Bitcoin blocksize because of the Great Firewall of China. The impact of ASICS on Dash have implications for many POW coins with block times in the 2 - 2.5 min range

My understanding is it's packet loss and bandwidth that's the issue for data transmission with China not network latency so wouldn't it be block size and not block time that's the issue? Plus the cause is bottlenecks on the Chinese backbone then bottlenecks in regions you have to cross to get into Asia Pac which also depends which direction you're coming from and isn't unique to China. It's annoying that people in Bitcoin are using the term 'great firewall' as that refers to censorship hardware and not the infrastructure problems relevant to block propagation, it's also diverting from the fact that the same hardware is now appearing in 'western' countries too, UK and Australia have their own "great firewalls" but transmission throughput is fine.

splawik21

legendary

Activity: 1372

Merit: 1005

DASH is the future of crypto payments!

Quote from: BiteMyShinyMetalAss on June 12, 2016, 05:21:25 PM

Wau, DASH difficulty and hash rate, like doubled!

The peak was 11th of june and the diff was at 34443!

BiteMyShinyMetalAss

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Activity: 617

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Crypto Card - https://platinum.crypto.com/r/28cz7d

Wau, DASH difficulty and hash rate, like doubled!

UdjinM6

legendary

Activity: 1318

Merit: 1040

Quick note:
I've seen few blocks recently with very high fee included in block reward and there are indeed some huge transactions (5-10Kb in size each) which are paying a lot (0.1-0.2 DASH). If you are the one who is making this or similar transactions (like collecting multiple mining/masternoding rewards for example) and you are not running 0.12.0.58 please consider updating to lower your fee.

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: eduffield on June 10, 2016, 05:42:08 PM

...

Doesn't that mean ASICs caused decentralization in our case? Wink

(temporarily anyway... I don't think this will last forever. The incentives are prone to cause centralization in the end, we're working on that problem as well)

I am far from convinced that the kind of mining concentration in China that occurred in Bitcoin after the introduction of ASICS will repeat itself in Dash. This is because the latency introduced by the Great Firewall of China around 500 ms has a much greater impact on a coin with a 2.5 min blocktime than on a coin with a 10 min blocktime. Furthermore DASH has an effective blocksize 4x that of Bitcoin and the Chinese Bitcoin miners are fighting any significant increase in the Bitcoin blocksize because of the Great Firewall of China. The impact of ASICS on Dash have implications for many POW coins with block times in the 2 - 2.5 min range

toknormal

legendary

Activity: 3066

Merit: 1188

Sorry about that - posted in the wrong thread. That last one was targetted for the Bitcoin Wall Observer thread Roll Eyes

kointrend

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megges

sr. member

Activity: 371

Merit: 250

Quote from: spatula on June 12, 2016, 10:16:18 AM

Quote from: Johnny00 on June 12, 2016, 09:53:23 AM

Dash is dropping as but coin skyrocketing. Would you sell it and wait until bitcoin drops more

IMO, it's pretty risky to sell at this point. Surely the market is oversold by now. Dash has pretty low liquidity so while a short period of selling can make it crash easily (as we have just witnessed) it can also do the exact opposite whenever traders decide to buy back in. I almost always get burned trying to play with traders, so I think I'm just gonna ride this one out.

If you think its gonna go down, then margin short. Plenty of available dash for lending at low rates if your feeling lucky.

sell ?

i bought that dip almost perfect

- lets see whats next

Quote from: megges on June 12, 2016, 08:17:10 AM

poloniex spread between buy and sell orders is getting "big" ... i bought some, let's see if we can turn up a bit here :O

btw. it doesn't look like mr 0.015 waller is about to sell, at least he didn't moved his wall ... i still think it's just there to accumulate Tongue

toknormal

legendary

Activity: 3066

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Seems shorters having a problem keeping the price under control.

Keeps blowing back up in their face at the end of each 1-minute chart wave.

gusterdd

full member

Activity: 220

Merit: 100

Quote from: UdjinM6 on June 12, 2016, 10:16:02 AM

Quote from: spatula on June 12, 2016, 09:48:55 AM

Quote from: UdjinM6 on June 12, 2016, 08:34:14 AM

Quote from: BiteMyShinyMetalAss on June 12, 2016, 08:30:33 AM

Whats the MN status, still 3800?

http://178.254.23.111/~pub/Dash/masternode_payments_stats.html
http://178.254.23.111/~pub/masternode_count90.png
Roll Eyes

Traders gonna trade.

... and coders gonna code https://github.com/dashpay/dash/pulls
Grin

thanks
dash team did good job for several years.
twitter gonna twitter not twit

spatula

hero member

Activity: 507

Merit: 500

Quote from: Johnny00 on June 12, 2016, 09:53:23 AM

Dash is dropping as but coin skyrocketing. Would you sell it and wait until bitcoin drops more

IMO, it's pretty risky to sell at this point. Surely the market is oversold by now. Dash has pretty low liquidity so while a short period of selling can make it crash easily (as we have just witnessed) it can also do the exact opposite whenever traders decide to buy back in. I almost always get burned trying to play with traders, so I think I'm just gonna ride this one out.

If you think its gonna go down, then margin short. Plenty of available dash for lending at low rates if your feeling lucky.

UdjinM6

legendary

Activity: 1318

Merit: 1040

Quote from: spatula on June 12, 2016, 09:48:55 AM

Quote from: UdjinM6 on June 12, 2016, 08:34:14 AM

Quote from: BiteMyShinyMetalAss on June 12, 2016, 08:30:33 AM

Whats the MN status, still 3800?

http://178.254.23.111/~pub/Dash/masternode_payments_stats.html
http://178.254.23.111/~pub/masternode_count90.png
Roll Eyes

Traders gonna trade.

... and coders gonna code https://github.com/dashpay/dash/pulls
Grin

Johnny00

hero member

Activity: 896

Merit: 553

Dash is dropping as but coin skyrocketing. Would you sell it and wait until bitcoin drops more

spatula

hero member

Activity: 507

Merit: 500

Quote from: UdjinM6 on June 12, 2016, 08:34:14 AM

Quote from: BiteMyShinyMetalAss on June 12, 2016, 08:30:33 AM

Whats the MN status, still 3800?

http://178.254.23.111/~pub/Dash/masternode_payments_stats.html
http://178.254.23.111/~pub/masternode_count90.png
Roll Eyes

Traders gonna trade.

UdjinM6

legendary

Activity: 1318

Merit: 1040

Quote from: BiteMyShinyMetalAss on June 12, 2016, 08:30:33 AM

Whats the MN status, still 3800?

http://178.254.23.111/~pub/Dash/masternode_payments_stats.html
http://178.254.23.111/~pub/masternode_count90.png
Roll Eyes

BiteMyShinyMetalAss

hero member

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Crypto Card - https://platinum.crypto.com/r/28cz7d

Whats the MN status, still 3800?

megges

sr. member

Activity: 371

Merit: 250

poloniex spread between buy and sell orders is getting "big" ... i bought some, let's see if we can turn up a bit here :O

btw. it doesn't look like mr 0.015 waller is about to sell, at least he didn't moved his wall ... i still think it's just there to accumulate Tongue

toknormal

legendary

Activity: 3066

Merit: 1188

Alt markets enduring hurricane force gales.

Grab hold of anything bolted down.

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1103. (Read 9723733 times)