Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 155. (Read 9723733 times)

Oh my, time travel huh ? Can't wait till you develop a Dapp for Dash that allows time travel  

Seriously though : thank you for the update about building early smart contract functionality with Dash.
That is exactly what Dash needs.

I guess you need InstantSend supported exchanges to close that arbitrage gap between exchanges, or can it work through any exchange ?
Would be interesting to experiment with a Dapp arbitrage-focused trading bot.  

Oh my, time travel huh ? Can't wait till you develop a Dapp for Dash that allows time travel  

Seriously though : thank you for the update about building early smart contract functionality with Dash.
That is exactly what Dash needs.

I guess you need InstantSend supported exchanges to close that arbitrage gap between exchanges, or can it work through any exchange  ?

Digital Currency Laboratories is building early smart contract functionality with dash. The first experiment will be a smart contract expansion oracle that seeks out onchain cross market price differences then automatically and autonomously closes the arbitrage gap then returns the proceeds minus fees to the DASH expansion oracle user.  This will be a 'safe' smart contract  experiment, initially only working for small volumes of Dash. The smart contract can be replicated manually by arbitraging price differentials on the waves network. The smart contract will send orders to operate when there is a net expansion of DASH inclusive of fees for the end user.

Oh my gosh. Saw the post and shed a tear

Are you the owner of the XbtvGzi2JgjYTbTqabUjSREWeovDxznoyh wallet, or is it not yours?

You have a encrypted wallet.dat and lost your password? I once had the same problem)

Hmm... ok, but if that happened wouldn't it contradict your position

I'd say use the opportunity to exit because the masternode revenue at that price, given the current reward ratio would be completely unsustainable.

plz help i have 37k dash from 2014 but i loss my wallet how to get my coin plz help this my wallet XbtvGzi2JgjYTbTqabUjSREWeovDxznoyh

I would be absolutely stunned if DASH's marketcap did not pass XMR's again. I would think it's very likely DASH's marketcap will be double or even triple that of XMR's sometime during 2021. What would you say then?

Unfortunately the market appears to be giving it legs, even if the community isn't. Expect that trend to continue if having "Thousands of coins underperforming Dash", is the best support that can be found for diluting the mined proportion of the coin supply.

Thousands of coins are underperforming Dash -- for gods sake.     At what point are you going to just let this play out and see where it takes Dash.  You made your point and your point doesn't have legs in this cycle of time.

Chains with zero utility, no masternode rewards and 100% mining reward have consistently out-valued our marketcap.

You are literally the only one who cares about that (competitiveness). The rest simply looks at how Dash is performing:

We're about to drop out of the top-10 mined coins where we've occupied a place almost since birth. Hopefully you'll still be satisfied with the fact that "value is increasing" if/when that happens.

The value of the network is increasing even if that hasn't reached you personally  yet

No, I'm not confusing those two things. I've always been very clear that competitiveness is where we are affected rather than absolute marketcap. Capital drifting relatively from us towards fully mined competitors rather than from them to us.


Except they're not "maintaining the network" they're draining it of capital value rather than investing it. How could they do otherwise when they operate at zero cost ? To justify fees you've got to sell something that the market has asked for and values.

I think you are confusing the past crypto market crash with the market cap and technological scaling of DASH itself. Everything went down hard even bitcoin.

Masternodes should receive fees for maintaining the network...

I'm sorry @tao but the idea that circulating supply (& ultimately marketcap) is make or break based on whether masternode reward perfectly compensates for inflation rate is, not to put too fin a point on it...ludicrous.

The nodecount saturated because once the "low hanging fruit" of large holders & large buyers had been moped up, the rest of the coin supply is simply far more fragmented. Add to that the fact that with 5000 nodes, an enormous amount of fiat demand is required to sustain the value since:

1. the mining cost of the primary supply barely changes so we still potentially need to charge the market the same "fiat" cost for mining

2. ADDITIONALLY we now have 5000 masternodes of "earnings" being sprayed at it which 100% mined alternatives don't have. Up to 6500 Dash per week of potential dumping.

The price therefore collapsed along with our ranking and point [2] means that we have an extreme headwind against us in ever recovering that ranking.

The faulty analysis in the Hackernoon article and in DCG's appraisal is that it's ALL done intra-Dash. i.e. it compares one Dash protocol state with another. One Dash ROI (only measured in terms of Dash, not $USD) with another. One Dash inflation state with another. It only works if Dash is a monopoly and the only market option in existence, but it isn't. The analysis needs to be redone in the context of the market as a whole and acknowledging the fact that investors always have alternatives. Capital that previously went into mining won't go into masternodes, it'll go into competing, 100% competitively mined alternatives (as it has been doing for the last 3 years).

Hence we now have no less that 9 mined competitors, NONE of which have ANY ROI let alone an ROI which compensates for inflation in their own currency terms, all of who's chains are valued more highly than Dash.