[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1141.

arielbit

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Quote from: TanteStefana2 on April 30, 2016, 03:49:34 PM

Quote from: ?? on ??

Quote from: Macrochip on April 30, 2016, 05:15:37 AM

I can see smooth and his crooked friends going off now to pump a few BTC into dashcoin just to come back here to say you are wrong.

Such is the hatred of DASH that runs through the veins of smooth and his master risto.

Hell, they bought up all the dashcoins they could, either because they were hoping that people would buy it in confusion or just to have a new "issue" with Dash. Seriously, how lame can they get? The sooner the coin is delisted on every exchange the better. I hate seeing people make mistakes, and as a newb in this space, it's so confusing, I believe some people have actually bought dashcoin thinking it was DASH. Perhaps we should sue them for using the name (they no longer own it, having had it sold to us, and we have a trademark now, which they are violating).

(I know, it's totally not worth it, not worth it to sneeze on these guys, but the principle of it stands)

the hypocrisy! confusion? you are the one copying our coins name, now DSH ticker? haha

and don't monero-rize dashcoin, the DSH coins i'm bagholding isn't bought when you sabotage and copied dashcoin's name Tongue

it goes waaay back

wanna see my dash account waaay back in 2014?

bring it on tanteshit Tongue

Dash was Originally a Cryptonote

TanteStefana2

legendary

Activity: 1260

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Quote from: ?? on ??

Quote from: Macrochip on April 30, 2016, 05:15:37 AM

I can see smooth and his crooked friends going off now to pump a few BTC into dashcoin just to come back here to say you are wrong.

Such is the hatred of DASH that runs through the veins of smooth and his master risto.

Hell, they bought up all the dashcoins they could, either because they were hoping that people would buy it in confusion or just to have a new "issue" with Dash. Seriously, how lame can they get? The sooner the coin is delisted on every exchange the better. I hate seeing people make mistakes, and as a newb in this space, it's so confusing, I believe some people have actually bought dashcoin thinking it was DASH. Perhaps we should sue them for using the name (they no longer own it, having had it sold to us, and we have a trademark now, which they are violating).

(I know, it's totally not worth it, not worth it to sneeze on these guys, but the principle of it stands)

TaoOfSaatoshi

legendary

Activity: 2156

Merit: 1014

Dash Nation Founder | CATV Host

Good afternoon all.

https://bitcointalksearch.org/topic/m.14715653

To Dash Nation. Come say hi!

Tao

Lukas_Jackson

hero member

Activity: 615

Merit: 501

Quote from: toknormal on April 30, 2016, 02:29:08 PM

All you need to know about bitconi T/A: https://bitcointalksearch.org/topic/mat-isms-more-tales-from-the-trading-floor-of-the-bitcoin-markets-1455386

First time I see the guy. He seems to be impulsive trader.
Remember, trade when bored Cheesy

toknormal

legendary

Activity: 3066

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All you need to know about bitconi T/A: https://bitcointalksearch.org/topic/mat-isms-more-tales-from-the-trading-floor-of-the-bitcoin-markets-1455386

arielbit

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Quote from: MasterMined710 on April 29, 2016, 10:04:55 PM

Quote from: arielbit on March 12, 2015, 08:40:51 PM

Quote from: Grauder on March 12, 2015, 08:22:50 PM

Quote

It is a fair question, development of "Dashcoin" will stay frozen and the Github will be locked. The original developer decided not to continue with that project and our focus is DASH. You are all welcome to join the DASH community if you wish to, it is a really promising project.

lold. so this end?

Quote

acquiring Dashcoin is no different than getting a previously existing domain name, the acquired project itself will not continue only the DRK project will move forward under a new name

it looks like it Sad

yup it looks like it...

it is what Evan Duffield and his cohorts are trying to do...

we fought back didn't we? and we are still standing Cheesy

r4vani

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Play Poker Games at Bitoker.com

Quote from: Macrochip on April 30, 2016, 07:07:29 AM

Quote from: Gi01 on April 30, 2016, 06:25:48 AM

To be ~~fungible~~widely usable in the real world we need much more btw

Let's see what Evan is thinking about...

Dash already is fungible. FTFY.
He did think about it and came up with Evolution. Up to 1.5k tps should suffice I think:

Quote from: r4vani on April 30, 2016, 06:45:07 AM

A block can contain 1MB of data. 1MB is the equivalent of 1,048,576 bytes.

Sendtoaddress=(40+180+50) bytes
Sendmany=(40n+180+50) bytes, where n is # of outputs

1,048,576-180-50=1,048,346 (block size remaining after overhead & input)
1,048,346/40=26,209 (#transactions able to be included in block assuming one input)
Block target conf. time = 600 seconds.
26,209/600=43.68 transactions per second

Your calculation shows the theoretical maximum which is never achieved and as you already pointed out ignores multiple inputs (hence why it's never achieved IRL).

The 7tps figure explicitly refers to (emphasis added):

Quote from: https://en.bitcoin.it/wiki/Scalability#Scalability_targets

Today the Bitcoin network is restricted to a sustained rate of 7 tps due to the bitcoin protocol restricting block sizes to 1MB

subtracting 1 input and 1 transaction overhead. Grin

true:
1,048,576-180ni-50n = Tongue

Where n is the number of transactions in the block, and i is the average number of inputs per transaction.

Macrochip

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Activity: 465

Merit: 250

Quote from: Gi01 on April 30, 2016, 06:25:48 AM

To be ~~fungible~~widely usable in the real world we need much more btw

Let's see what Evan is thinking about...

Dash already is fungible. FTFY.
He did think about it and came up with Evolution. Up to 1.5k tps should suffice I think:

Quote from: r4vani on April 30, 2016, 06:45:07 AM

A block can contain 1MB of data. 1MB is the equivalent of 1,048,576 bytes.

Sendtoaddress=(40+180+50) bytes
Sendmany=(40n+180+50) bytes, where n is # of outputs

1,048,576-180-50=1,048,346 (block size remaining after overhead & input)
1,048,346/40=26,209 (#transactions able to be included in block assuming one input)
Block target conf. time = 600 seconds.
26,209/600=43.68 transactions per second

Your calculation shows the theoretical maximum which is never achieved and as you already pointed out ignores multiple inputs (hence why it's never achieved IRL).

The 7tps figure explicitly refers to (emphasis added):

Quote from: https://en.bitcoin.it/wiki/Scalability#Scalability_targets

Today the Bitcoin network is restricted to a sustained rate of 7 tps due to the bitcoin protocol restricting block sizes to 1MB

r4vani

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Activity: 348

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Quote from: Macrochip on April 30, 2016, 05:41:45 AM

Quote from: r4vani on April 30, 2016, 05:28:29 AM

unnecessarily big text

Dude... chillax.
It's simple math: Bitcoin block time of 10min@1MB blocksize results in 7tps, thus Dash block time of 2.5min@1MB blocksize results in 28tps.

A block can contain 1MB of data. 1MB is the equivalent of 1,048,576 bytes.

Sendtoaddress=(40+180+50) bytes
Sendmany=(40n+180+50) bytes, where n is # of outputs

1,048,576-180-50=1,048,346 (block size remaining after overhead & input)
1,048,346/40=26,209 (#transactions able to be included in block assuming one input)
Block target conf. time = 600 seconds.
26,209/600=43.68 transactions per second

Quote from: noobtrader on April 30, 2016, 06:36:22 AM

Quote from: Gi01 on April 30, 2016, 06:25:48 AM

To be fungible in the real world we need much more btw

Let's see what Evan is thinking about...

yes, but 56tps for 2MB is not bad. considering with masternode we can theoretically double that number.
plus that we can still raise the size at least to 8MB (or more) if Dash really takes off. so i think Dash can reach above 400 tps without implementing radical changes.

8MB or more Undecided

The final volume block China have taken into consideration?

VISA can do 8,500 transactions per second

510,000 in 1 min

30,600,000 in 1 hour

734,400,000 in 1 day

22,032,000,000 in 1 month

264,384,000,000 in 1 year

Now we must think of the future If we want instantx technology and knowledge to use dash as digital cash

noobtrader

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Activity: 1456

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Quote from: Gi01 on April 30, 2016, 06:25:48 AM

To be fungible in the real world we need much more btw

Let's see what Evan is thinking about...

yes, but 56tps for 2MB is not bad. considering with masternode we can theoretically double that number.
plus that we can still raise the size at least to 8MB (or more) if Dash really takes off. so i think Dash can reach above 400 tps without implementing radical changes.

Gi01

full member

Activity: 342

Merit: 110

Quote from: noobtrader on April 30, 2016, 05:57:42 AM

Quote from: smooth on April 30, 2016, 05:55:56 AM

Quote from: Macrochip on April 30, 2016, 05:41:45 AM

Quote from: r4vani on April 30, 2016, 05:28:29 AM

unnecessarily big text

Dude... chillax.
It's simple math: Bitcoin block time of 10min@1MB blocksize results in 7tps, thus Dash block time of 2.5min@1MB blocksize results in 28tps.

Being increased to 2 MB right?

with 2 MB blocksize Dash has about 56tps

Quote

as Bitcoin's block size limit (1 MB), as Dash's code is forked from Bitcoin. We have blocks 4 times as often though (2.5 mins vs 10 mins), so we effectively can handle 4 times the transactions of Bitcoin, despite block size limit being the same.

To be fungible in the real world we need much more btw

Let's see what Evan is thinking about...

EDIT :: with 4MB, Dash can reach parity with Paypall YAYYYYY Cheesy

kointrend

hero member

Activity: 655

Merit: 500

Meanwhile new MNs ATH 3769! Cool

http://178.254.18.153/~pub/masternode_count.png

I think the theory that the number of MN decrease with an high price is valid, but it seems will start to work at highter range price! (20/30 buks maybe?) Cheesy

noobtrader

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Activity: 1456

Merit: 1000

Quote from: smooth on April 30, 2016, 05:55:56 AM

Quote from: Macrochip on April 30, 2016, 05:41:45 AM

Quote from: r4vani on April 30, 2016, 05:28:29 AM

unnecessarily big text

Dude... chillax.
It's simple math: Bitcoin block time of 10min@1MB blocksize results in 7tps, thus Dash block time of 2.5min@1MB blocksize results in 28tps.

Being increased to 2 MB right?

with 2 MB blocksize Dash has about 56tps

Quote

as Bitcoin's block size limit (1 MB), as Dash's code is forked from Bitcoin. We have blocks 4 times as often though (2.5 mins vs 10 mins), so we effectively can handle 4 times the transactions of Bitcoin, despite block size limit being the same.

EDIT :: with 4MB, Dash can reach parity with Paypall YAYYYYY Cheesy

smooth

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Activity: 2968

Merit: 1198

Quote from: Macrochip on April 30, 2016, 05:41:45 AM

Quote from: r4vani on April 30, 2016, 05:28:29 AM

unnecessarily big text

Dude... chillax.
It's simple math: Bitcoin block time of 10min@1MB blocksize results in 7tps, thus Dash block time of 2.5min@1MB blocksize results in 28tps.

Being increased to 2 MB right?

noobtrader

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Activity: 1456

Merit: 1000

Quote from: r4vani on April 30, 2016, 05:28:29 AM

I must be missing something here.

According to the Bitcoin Wiki:
VISA can do 8,500 tps.
Paypal can do 100 tps.
Bitcoin can do 7 tps.

DASH can only process transactions per second

https://www.reddit.com/r/dashpay/comments/3abzfh/does_dash_have_a_block_limit_if_so_what_is_it_and/

Quote

we effectively can handle 4 times the transactions of Bitcoin

Macrochip

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Activity: 465

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Quote from: r4vani on April 30, 2016, 05:28:29 AM

unnecessarily big text

Dude... chillax.
It's simple math: Bitcoin block time of 10min@1MB blocksize results in 7tps, thus Dash block time of 2.5min@1MB blocksize results in 28tps.

r4vani

sr. member

Activity: 348

Merit: 250

Play Poker Games at Bitoker.com

I must be missing something here.

According to the Bitcoin Wiki:
VISA can do 8,500 tps.
Paypal can do 100 tps.
Bitcoin can do 7 tps.

DASH can only process transactions per second

Macrochip

sr. member

Activity: 465

Merit: 250