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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1519. (Read 9723858 times)

sr. member
Activity: 426
Merit: 250
dashwhale down at the moment me thinks?

Yes, it's confirming to me that he isn't paying what he said he was.   Roll Eyes
legendary
Activity: 1638
Merit: 1013
Privacy is extremely important, but for practical uses, to really be usable in day to day transactions for normal people, instantaneous transactions is almost more important, certainly just as important, IMO.  Now with Evolution, extremely "easy to use, hard to lose" makes it the perfect banking solution for everyone.

With the DAPI allowing for simple wallets that "magically" know your account, you don't have to keep any personal information on your device, other than remembering one passphrase to access everything.  None of it will be on your device, it's all in a distributed encrypted database throughout the Masternode network.

Still private
Always instant
Can't lose your wallet.dat
No need to manage security and backup.

One passphrase, on any device, and you have access to everything.

Close the application, it's gone, not on your device, safely tucked away into the MN network.

How much easier can that be?  How much safer?  

F'ing Awesome (coming from a 50+ year old hag, LOL)

How will you get around the principle of something you know, something you have and something you are? If there is nothing that can be tied back to something you have on your device then it means that there is only something you know which is the passphrase. This would open it up to phishing attacks and social engineering that can be executed remotely to attack the funds on the network.

In addition, how will recoverability work in the event of a negative event eg. a user died and bequeathed his passphrase to someone else?
legendary
Activity: 1260
Merit: 1001
Privacy is extremely important, but for practical uses, to really be usable in day to day transactions for normal people, instantaneous transactions is almost more important, certainly just as important, IMO.  Now with Evolution, extremely "easy to use, hard to lose" makes it the perfect banking solution for everyone.

With the DAPI allowing for simple wallets that "magically" know your account, you don't have to keep any personal information on your device, other than remembering one passphrase to access everything.  None of it will be on your device, it's all in a distributed encrypted database throughout the Masternode network.

Still private
Always instant
Can't lose your wallet.dat
No need to manage security and backup.

One passphrase, on any device, and you have access to everything.

Close the application, it's gone, not on your device, safely tucked away into the MN network.

How much easier can that be?  How much safer?  

F'ing Awesome (coming from a 50+ year old hag, LOL)

No wallet.dat , are you sure? How would they ensure that the passphrase is as secure as a private key?

Edit: "All wallets will use deterministic seeds that store your keys on the device (not on the network)"

I was trying to get Evan to clarify that, because the rest of what he said in the documents contradicts that?  Maybe I'm misunderstanding... Sad
legendary
Activity: 1260
Merit: 1001
I kept thinking Evan was showing everyone the future.  It seemed that there was a line that if he said too much they wouldn't understand or believe it. 

Andreas said he spent 4 months working every day reading about Bitcoin.  There is much more to Dash....I wonder how long he will spend on the Dash papers.   Grin

Good job on the presentation.  It was well prepared and top notch.  I just wanted it to be be longer.

If I hadn't been here since the beginning, and followed closely, it would be completely over my head and I would not have much of a chance to catch up today, LOL.  I can only concentrate so much anymore, LOL.  Hopefully, he can explain a lot more in Miami?

It also looked like he had to be a lot more politically correct there.  Almost apologetic that he made another coin.  Undoubtedly, the atmosphere is still volatile toward dissidence with some people there. 

Maybe it's time to hold small Dash meetups now?  Not quite convention, but more like Bitcoin Wednesday?
hero member
Activity: 826
Merit: 502
I just watched Evan's presentation. Very well done, and a nice round of applause at the end. The most impressive point he made was how, in just 3 months of DGBB, the Dash blockchain has funded three conference visits (Netherlands, Mexico, and Miami), and the purchase of dash.org. Basically, he was able to get there and present and hand out pamplets etc. because of payouts directly from the Dash blockchain. That's pretty remarkable, but I think it may take a while for 'the markets' to recognize the importance of Dash's DGBB.

Personally, I've worked for two well managed, publicly traded tech companies. When it came to suffering through very depressed stock prices (on several occasions in my career), at both companies the execs were careful to tell employees to be patient, just keep executing on projects on time and on budget, and eventually the accomplishments would be recognized and rewarded by Mr. Market. I have to say they have been right every time. I think Dash will follow the same experience, on steroids.
Well said. They say that patience is a virtue! What is important right now is to build the protocol, build the infrastructure, and grow the community. The current price is meaningless.

We are already so far ahead of Bitcoin in experience, but crypto in general is hard for the average user to understand. What Dash is embarking on is closing the gap between crypto nerds and the mainstream population. Once crypto becomes easy for the user though Digital Cash, demand will rise and the price will follow.

I wouldn't be surprised if we surpass Bitcoin in market cap fairly easily. It's market cap is still tiny in the global scheme of things. This whole industry is still in it's infancy.

Great things are coming for great people...
I kept thinking Evan was showing everyone the future.  It seemed that there was a line that if he said too much they wouldn't understand or believe it. 

Andreas said he spent 4 months working every day reading about Bitcoin.  There is much more to Dash....I wonder how long he will spend on the Dash papers.   Grin

Good job on the presentation.  It was well prepared and top notch.  I just wanted it to be be longer.
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
I just watched Evan's presentation. Very well done, and a nice round of applause at the end. The most impressive point he made was how, in just 3 months of DGBB, the Dash blockchain has funded three conference visits (Netherlands, Mexico, and Miami), and the purchase of dash.org. Basically, he was able to get there and present and hand out pamplets etc. because of payouts directly from the Dash blockchain. That's pretty remarkable, but I think it may take a while for 'the markets' to recognize the importance of Dash's DGBB.

Personally, I've worked for two well managed, publicly traded tech companies. When it came to suffering through very depressed stock prices (on several occasions in my career), at both companies the execs were careful to tell employees to be patient, just keep executing on projects on time and on budget, and eventually the accomplishments would be recognized and rewarded by Mr. Market. I have to say they have been right every time. I think Dash will follow the same experience, on steroids.
Well said. They say that patience is a virtue! What is important right now is to build the protocol, build the infrastructure, and grow the community. The current price is meaningless.

We are already so far ahead of Bitcoin in experience, but crypto in general is hard for the average user to understand. What Dash is embarking on is closing the gap between crypto nerds and the mainstream population. Once crypto becomes easy for the user though Digital Cash, demand will rise and the price will follow.

I wouldn't be surprised if we surpass Bitcoin in market cap fairly easily. It's market cap is still tiny in the global scheme of things. This whole industry is still in it's infancy.

Great things are coming for great people...
hero member
Activity: 525
Merit: 500
I just watched Evan's presentation. Very well done, and a nice round of applause at the end. The most impressive point he made was how, in just 3 months of DGBB, the Dash blockchain has funded three conference visits (Netherlands, Mexico, and Miami), and the purchase of dash.org. Basically, he was able to get there and present and hand out pamplets etc. because of payouts directly from the Dash blockchain. That's pretty remarkable, but I think it may take a while for 'the markets' to recognize the importance of Dash's DGBB.

Personally, I've worked for two well managed, publicly traded tech companies. When it came to suffering through very depressed stock prices (on several occasions in my career), at both companies the execs were careful to tell employees to be patient, just keep executing on projects on time and on budget, and eventually the accomplishments would be recognized and rewarded by Mr. Market. I have to say they have been right every time. I think Dash will follow the same experience, on steroids.
hero member
Activity: 826
Merit: 502
Read the PDFs my friends, so much to discover. You can only guess how much work got into that.

For example:

Quote
5.1 Fiat Conversion
Dash Evolution will also give users the ability to convert to and from fiat using using converters.
These are special users that provide another service for the network and are paid a percentage
of the transaction to process it. Converters will be rated by users who do business with them,
and this reputation will be crucial in helping other users decide which converters are most
reliable and trustworthy. The result will be a safe and global fiat conversion network.


So anyone providing this service as a converter will need to register as an MSB? I can't see any logical away around this.
Wow, I thought this would be in there....there were hints.  Awesome.

Also the fees for converting will be taxable income.

No MSB if:
Each converter is anonymous(not linked to a taxpayer/employer id).
Or Dash is only considered a commodity.  (then a commodity traders license will be required instead)

KYC is still required to confirm customers are non US, right? 

This gets complicated so we will want to be clear how this will work.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Read the PDFs my friends, so much to discover. You can only guess how much work got into that.

For example:

Quote
5.1 Fiat Conversion
Dash Evolution will also give users the ability to convert to and from fiat using using converters.
These are special users that provide another service for the network and are paid a percentage
of the transaction to process it. Converters will be rated by users who do business with them,
and this reputation will be crucial in helping other users decide which converters are most
reliable and trustworthy. The result will be a safe and global fiat conversion network.


So anyone providing this service as a converter will need to register as an MSB? I can't see any logical away around this.

Yes, but it's just vaporware speculation with zero chance of being implemented.  Don't take such harmless marketing fluff seriously.
legendary
Activity: 1442
Merit: 1018
Read the PDFs my friends, so much to discover. You can only guess how much work got into that.

For example:

Quote
5.1 Fiat Conversion
Dash Evolution will also give users the ability to convert to and from fiat using using converters.
These are special users that provide another service for the network and are paid a percentage
of the transaction to process it. Converters will be rated by users who do business with them,
and this reputation will be crucial in helping other users decide which converters are most
reliable and trustworthy. The result will be a safe and global fiat conversion network.


So anyone providing this service as a converter will need to register as an MSB? I can't see any logical away around this.
member
Activity: 96
Merit: 10

thanks for posting, good stuff. i just read about an hours worth and i'm taking a break before going back for more.
anyone have a youtube clip of just evans talk from the conference. i tried the link to the full conference but it's not working for me.



https://dashtalk.org/threads/dash-to-speak-and-exhibit-at-the-3rd-latin-american-bitcoin-conference-mexico.6505/page-4#post-75792
legendary
Activity: 1182
Merit: 1000

thanks for posting, good stuff. i just read about an hours worth and i'm taking a break before going back for more.
anyone have a youtube clip of just evans talk from the conference. i tried the link to the full conference but it's not working for me.
hero member
Activity: 1274
Merit: 500
Hello Dash crew!

Looking for some designers to come up with some cool Dash T-shirts! Get a % of ea. sale in Dash  Grin

Any good designers here ?  

Go ahead submit your designs here!

Check out the current store HERE . We accept DASH of course  Wink

Also, can I be added to the Dash Merchant Directory ? Thanks!
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Friendly reminder for newcomers:

the things going on here are fishy, intransparent and rely on a single entity.

what DarkCoin does is highly centralized because the software is closed— you can't get more centralized than closed source.

"masternodes" does not sound like something decenteralized, it sounds like something that creates a small chokepoint which could be used to deanonymize its users, like a server based CoinJoin but worse since you have to hold a huge pile of coins to run a server.

Bytecoin (and its forks... Monero, Fantomcoin, etc.) are actually working implementations of much stronger privacy, decenteralized in their implementation, all released under a good open source license.

From what I can tell the only purpose DarkCoin serves is to depress me about the state of humanity.

Dash is perfectly described by gmaxwell in the post above: a lot of harmful garbage and dysfunctional software. My Dash is going to be sold over the next few days. I refuse to a cryptocurrency where the fanboys imagine that cryptography is uneccessary. What a stupid thing to say.

I fixed your "friendly" attempt to bamboozle newcomers with DashDark's snake oil and bad crypto.

It is much more informative and honest now.
sr. member
Activity: 436
Merit: 250
Quote
4.4 Pay to username / email
If your payee doesn’t exist in the system, you can pay to their email. This will send them an
email through the network. By following the instructions in this email, they can sign up through
the dash.org website and join the network to claim the money you sent them.
sr. member
Activity: 346
Merit: 250
DASH evolution released and DASH tanks.  People are finally seeing through all the smoke.  Evan again promises the world but technical details will follow in other white papers.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
what DarkCoin does is highly centralized

"masternodes" "does not sound like" something decenteralized, "it sounds like" something that creates a small chokepoint which could be used to deanonymize its users, like a server based CoinJoin but worse since you have to hold a huge pile of coins to run a server.

"Does not sound like" and "it sounds like" do not qualify as scientific observations by any stretch of the imagination. These are the ramblings of an individual who has absolutely no clue how Dash works.

Gmax invented coinjoin, the mixing algorithm Darkcoin broke, bastardized, and rebranded as 'Darksend.'

Obviously, his opinions are those of one with the highest possible levels of expertise.

His opinions could also be perceived to be highly biased as he has been jumping into (wrong) conclusions (intentionally or not?) and displaying extreme anger towards anyone profiting or intending to profit by building on top of previous inventions or even improving them that he himself (or his associates) have failed to profit themselves of.

See for example: https://bitcointalksearch.org/topic/m.12713560

I looked at your "example."  That's just TPTB (aka Anonymint) being his usual insane self.

Gmax is a stickler for attribution because he believes in FOSS.

As a FOSS supporter he is happy for others to use the tools he's invented, whether for profit or not.

The exception is a situation like Darkcoin/Dash, where his coinjoin code was broken, bastardized, and rebranded as 'Darksend.'

That's why he said "only purpose DarkCoin serves is to depress me about the state of humanity."

#DashDC  #Evolution #MexicoDF @CryptoArmada @AnonUpdatesNews @dailydecrypt @Dashpay @TaoOfSatoshi @laBITconf
sr. member
Activity: 436
Merit: 250
Read the PDFs my friends, so much to discover. You can only guess how much work got into that.

For example:

Quote
5.1 Fiat Conversion
Dash Evolution will also give users the ability to convert to and from fiat using using converters.
These are special users that provide another service for the network and are paid a percentage
of the transaction to process it. Converters will be rated by users who do business with them,
and this reputation will be crucial in helping other users decide which converters are most
reliable and trustworthy. The result will be a safe and global fiat conversion network.
legendary
Activity: 3444
Merit: 1061
Hi team.   What may be a silly question, does anyone know where one can buy DASH with fiat fairly simply?  For example... We start a staff fund where we take xyz amount from our weekly sales and buy real time some DASH for cash either through visa, debit card, PayPal etc etc... We are looking to do this as a weekly staff thing.

a prelude to a hype  Grin
member
Activity: 82
Merit: 10
Ok, this has to be said. Evan straight up killed it tonight. Calm, cool and collected. Had the audience hanging on his every word. I can't WAIT to get my hands on that video for promotion. Great to be a Dash team member tonight!

Great job to Evan, Daniel, and Lebubar.

 Grin

Agreed.

Viva la Dash!
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