Author

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1173. (Read 9723748 times)

legendary
Activity: 3066
Merit: 1188

oh?

Well read this:

the governance system (what was previously the budget system) will explicitly have a system for tracking what's happening in our economy

Dash is money, not a venture capital investor. Venture capital companies have governance systems for "tracking what's happening in our economy" but money sure as hell does not since the whole point of "sound money" is that once you have it you are at liberty to do whatever you want with it.

These two objectives just have wildly conflicting priorities.

Dash's priorities IMO should be aligned with those of a monetary medium. i.e.

[1] - continue to consolidate the technology behind improving fungibility and security

[2] - implement a commercial API to make it universally mobile and accessible

Those two priorities are consistent with those of monetary media. Dash is on solid ground.

The governance system is there to support development of the monetary token - not the other way around IM(H)O.
newbie
Activity: 24
Merit: 0
Anything interesting going on with Dash these days? Smiley
legendary
Activity: 3066
Merit: 1188
newbie
Activity: 7
Merit: 0

Anonymity in Plain Sight

Sugar
Coal
Grain
Gold
Copper
Glass
Something Old

Coins
Votes
Porridge
Oats
Is Valued
Fare
So don't be
Square


Is this a game or something? (edit : or a poem? Wink )

it's his pass phrase to his wallet
legendary
Activity: 1288
Merit: 1000

Anonymity in Plain Sight

Sugar
Coal
Grain
Gold
Copper
Glass
Something Old

Coins
Votes
Porridge
Oats
Is Valued
Fare
So don't be
Square


Is this a game or something? (edit : or a poem? Wink )
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
legendary
Activity: 3066
Merit: 1188

Anonymity in Plain Sight

Sugar
Coal
Grain
Gold
Copper
Glass
Something Old

Coins
Votes
Porridge
Oats
Is Valued
Fare
So don't be
Square
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
U.S. Senate Bill Seeks to Ban Effective Encryption, Making Security Illegal

https://rietta.com/blog/2016/04/08/feinstein-burr-encryption-bill/


wow i guess americans will soon have a real reason to move to canada  Shocked
Crypto is about to become a lot more interesting...and we have lots of room up here for you if it comes to that!
newbie
Activity: 7
Merit: 0
U.S. Senate Bill Seeks to Ban Effective Encryption, Making Security Illegal

https://rietta.com/blog/2016/04/08/feinstein-burr-encryption-bill/


wow i guess americans will soon have a real reason to move to canada  Shocked
legendary
Activity: 2548
Merit: 1245
U.S. Senate Bill Seeks to Ban Effective Encryption, Making Security Illegal

https://rietta.com/blog/2016/04/08/feinstein-burr-encryption-bill/


there are times when i'm really thankfull i'm not an U.S. citizen, although us Europeans do have our own problems
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
U.S. Senate Bill Seeks to Ban Effective Encryption, Making Security Illegal

https://rietta.com/blog/2016/04/08/feinstein-burr-encryption-bill/

Hey, who told you you could surf the web? Get back to coding!  Tongue
legendary
Activity: 1176
Merit: 1036
Dash Developer
U.S. Senate Bill Seeks to Ban Effective Encryption, Making Security Illegal

https://rietta.com/blog/2016/04/08/feinstein-burr-encryption-bill/
legendary
Activity: 1260
Merit: 1001
Er... what flaws are they talking about Tao?  Instamine?  Grin Cheesy Grin Cheesy
legendary
Activity: 2548
Merit: 1245
You're on the right track! Imagine instead of just proposals and contracts, we also have category, group, user, company, project, project-report and project-milestone. Then the governance system (what was previously the budget system) will explicitly have a system for tracking what's happening in our economy that we're funding. Imagine the system knows when reports are due, if companies are behind on their milestones...etc. It's the autonomous part of our decentralized autonomous organization. Next we fund other DAOs into existence. I think we'll be able to manage thousands.

This whole structure I'm building is done using a self-referencing tree, so we'll have companies, that can own companies, that have people working for them. These are also the same users for evo, parts of this tree can be flagged to be stored in DashDrive instead of our governance mempool.

This is a huge upgrade by the way. If I'm going to touch the budget system, I'm going to make it as perfect as possible before we continue on. This is a vastly important part of our system.

Damn that's sick.  Just when I thought it wasn't possible to do more.......... Evan, you and your team are seriously beyond brilliant!  You will indeed change the world, and I have no doubt that it will be for the better Cheesy

Its interesting to see how this all has grown. From Evan just staying a year or two at Dash and then perhaps moving on to other projects of interest, towards what seems to be much more longterm commitment by setting up DAO structures for Dash, further developing the Governance System and perhaps in the future participathing in projects within the Dash ecosystem .. after all there is a lot of opportunities and potential awaiting there.

So luckily for us i dont think Evan is bored with Dash yet  Grin


  
legendary
Activity: 1260
Merit: 1001
You're on the right track! Imagine instead of just proposals and contracts, we also have category, group, user, company, project, project-report and project-milestone. Then the governance system (what was previously the budget system) will explicitly have a system for tracking what's happening in our economy that we're funding. Imagine the system knows when reports are due, if companies are behind on their milestones...etc. It's the autonomous part of our decentralized autonomous organization. Next we fund other DAOs into existence. I think we'll be able to manage thousands.

This whole structure I'm building is done using a self-referencing tree, so we'll have companies, that can own companies, that have people working for them. These are also the same users for evo, parts of this tree can be flagged to be stored in DashDrive instead of our governance mempool.

This is a huge upgrade by the way. If I'm going to touch the budget system, I'm going to make it as perfect as possible before we continue on. This is a vastly important part of our system.

Damn that's sick.  Just when I thought it wasn't possible to do more.......... Evan, you and your team are seriously beyond brilliant!  You will indeed change the world, and I have no doubt that it will be for the better Cheesy
legendary
Activity: 1260
Merit: 1001

I haven't read the article yet, but the start made me bust a gut!  Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin

"In 2014, Cass Sunstein—one-time “regulatory czar” for the Obama administration—wrote an op-ed advocating for a cashless society, on the grounds that it would reduce street crime. His reasoning? A new study had found an apparent causal relationship between the implementation of the Electronic Benefit Transfer system for welfare benefits, and a drop in crime."

 Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin

I'd hope the rest of the article says what I'm thinking, LOL Cheesy
legendary
Activity: 2548
Merit: 1245
Fingerprints to be tested as currency:

http://the-japan-news.com/news/article/0002859676

that almost reads as a late or very early april fools day joke, but knowing the japanese its probly not  Roll Eyes
legendary
Activity: 1260
Merit: 1001
Fingerprints to be tested as currency:

http://the-japan-news.com/news/article/0002859676

Can't they be faked?  In the hollywood movies, they're lifted off of glasses and made into invisible attachments.  Will everyone have to wear gloves then?  LOL
legendary
Activity: 1260
Merit: 1001
BTW Fernando really is a cutie.  We're lucky to have so many good looking fellows behind Dash.  They're easy on the eyes, LOL.  No offense - I've never been good looking myself, but looks help people stay tuned in in my opinion, LOL Cheesy

Boy I'm shallow!!  LOL
legendary
Activity: 1176
Merit: 1036
Dash Developer
Jump to: