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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1606. (Read 9723706 times)

full member
Activity: 125
Merit: 100

Well the market certainly appears to be confident

legendary
Activity: 1176
Merit: 1036
Dash Developer
Waaaait, fun! Does this mean I can send a regular TX, and instantly double-spend it using IX, forcing any miner who mines the regular TX to get their block orphaned?

(TX Won) If you release a normal TX, then IX a moment after. In this case, the IX transaction doesn't get any signatures, so it would never get approved.

(IX Won) Alternatively, if you release them at exactly the same time and half of the network accepted the normal TX, when IX is confirmed the other daemons would undo the TX in the memory pool and apply the IX transaction.

I get it. To game the system, you need a masternode, and if you have a masternode, you're getting paid enough to not want to undermine people's faith in the currency.

Not really. You must remember, the core problem in bitcoin is the fact that if there are two separate transactions on the network that are trying to use the same inputs, the network doesn't know which the miners will go with. If you controlled a quorum, you could only signal which transaction the network will take. You still can't attack anything, i.e. everyone on the network will also know which is valid within moments and the other transaction will be rejected by the entire network at once.
hero member
Activity: 826
Merit: 502
Andreas Antonopoulos just gave a talk about protecting with bubbles vs growing an immune system.
https://www.youtube.com/watch?v=810aKcfM__Q

At 20:48 he says:
"We are going to build bitcoin with encrypted anonymous private transactions."
(It would have been awesome for someone in the audience to yell out "Like DASH!" right after he said that.  LOL!)

Hmmmm.  How is that possible?  That would require a 2nd layer tech to keep 100% anonymous - so then not really Bitcoin?

Pseudonymous sure, but not 100% anonymous.  Video of the difference.
https://www.youtube.com/watch?v=8RVGpHZUKpw

Anyone else think it would be a good idea to get a question out about Dash at each of Andreas' talks?

I think Andreas' livelihood relies on Bitcoin supporters, if not MIT, etc... directly.  It's the only reason I can see that he doesn't acknowledge Dash.  In fact it's been well over a year since he acknowledged Darkcoin briefly.  Everything Dash has done and is doing, is / was inspired by Andreas.  We're big fans.  We've been making his predictions come true, yet he acts as if we don't exist.  Why?  (not asking you trolls)  I think it's because he would get hit hard in the pocket book if he said any more.  He may already have gotten in trouble in the past.  This is sad, because it means he can't be completely honest.  But I can understand that.
Good point.  Follow the money and we will get our answer.  Maybe another Joe Rogan 3hr podcast and he will crack and say Dash.  It is bound to happen.
legendary
Activity: 1260
Merit: 1001
Waaaait, fun! Does this mean I can send a regular TX, and instantly double-spend it using IX, forcing any miner who mines the regular TX to get their block orphaned?

(TX Won) If you release a normal TX, then IX a moment after. In this case, the IX transaction doesn't get any signatures, so it would never get approved.

(IX Won) Alternatively, if you release them at exactly the same time and half of the network accepted the normal TX, when IX is confirmed the other daemons would undo the TX in the memory pool and apply the IX transaction.

I get it. To game the system, you need a masternode, and if you have a masternode, you're getting paid enough to not want to undermine people's faith in the currency.

Even if you want to game the system, you can't buy enough, it's just physically impossible, to win all the spaces in a quorum.  The quorums are chosen based on the miner's hash number.

So it doesn't matter if you want to buy up as many as you can in order to mess with the quorums, it only takes one masternode to disagree for the transaction to be rejected.

Evan just announced yesterday that he thought of another factor to throw into the quorum chooser.  The age of the Masternode.  The first 1/4 of the earliest dates contribute 2 to the quorum, then the next 1/4, and the next, and finally the latest Masternodes, the last 1/4 to be set up.  So if you haven't already set up a masternode in each of those periods of time, you'll have no chance of controlling a quorum (even so it was already virtually impossible already).  And if you want to buy and "old" masternode, you'll have to trust the seller that they didn't keep the private key (which would be stupid)
legendary
Activity: 1176
Merit: 1036
Dash Developer
Waaaait, fun! Does this mean I can send a regular TX, and instantly double-spend it using IX, forcing any miner who mines the regular TX to get their block orphaned?

(TX Won) If you release a normal TX, then IX a moment after. In this case, the IX transaction doesn't get any signatures, so it would never get approved.

(IX Won) Alternatively, if you release them at exactly the same time and half of the network accepted the normal TX, when IX is confirmed the other daemons would undo the TX in the memory pool and apply the IX transaction.
full member
Activity: 135
Merit: 100
full member
Activity: 524
Merit: 100
Do we know anybody that is going to this?  Maybe AA will get asked a question...

legendary
Activity: 1260
Merit: 1001
Andreas Antonopoulos just gave a talk about protecting with bubbles vs growing an immune system.
https://www.youtube.com/watch?v=810aKcfM__Q

At 20:48 he says:
"We are going to build bitcoin with encrypted anonymous private transactions."
(It would have been awesome for someone in the audience to yell out "Like DASH!" right after he said that.  LOL!)

Hmmmm.  How is that possible?  That would require a 2nd layer tech to keep 100% anonymous - so then not really Bitcoin?

Pseudonymous sure, but not 100% anonymous.  Video of the difference.
https://www.youtube.com/watch?v=8RVGpHZUKpw

Anyone else think it would be a good idea to get a question out about Dash at each of Andreas' talks?

I think Andreas' livelihood relies on Bitcoin supporters, if not MIT, etc... directly.  It's the only reason I can see that he doesn't acknowledge Dash.  In fact it's been well over a year since he acknowledged Darkcoin briefly.  Everything Dash has done and is doing, is / was inspired by Andreas.  We're big fans.  We've been making his predictions come true, yet he acts as if we don't exist.  Why?  (not asking you trolls)  I think it's because he would get hit hard in the pocket book if he said any more.  He may already have gotten in trouble in the past.  This is sad, because it means he can't be completely honest.  But I can understand that.
sr. member
Activity: 354
Merit: 250
hero member
Activity: 768
Merit: 1000
drkklvr is just to stupid to understand a joke.
Stupid troll  Cheesy

Well, it just has a hand up it, what you expect?
hero member
Activity: 615
Merit: 501
drkklvr is just to stupid to understand a joke.
Stupid troll  Cheesy
hero member
Activity: 826
Merit: 502
Andreas Antonopoulos just gave a talk about protecting with bubbles vs growing an immune system.
https://www.youtube.com/watch?v=810aKcfM__Q

At 20:48 he says:
"We are going to build bitcoin with encrypted anonymous private transactions."
(It would have been awesome for someone in the audience to yell out "Like DASH!" right after he said that.  LOL!)

Hmmmm.  How is that possible?  That would require a 2nd layer tech to keep 100% anonymous - so then not really Bitcoin?

Pseudonymous sure, but not 100% anonymous.  Video of the difference.
https://www.youtube.com/watch?v=8RVGpHZUKpw

Anyone else think it would be a good idea to get a question out about Dash at each of Andreas' talks?
hero member
Activity: 724
Merit: 500

Sorry Peter Todd, but you apparently are guilty of peddling some fine snake oil yourself:

Trolls gonna troll...   Grin




Takes a real Dashtard to attack the coin they stole 98% of their code from, not to mention quote CNBC as a source  Roll Eyes
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
This may be what Peter Todd referred to when he called Dark-coin "bad crypto" and "snakeoil."
Sorry Peter Todd, but you apparently are guilty of peddling some fine snake oil yourself:



Trolls gonna troll...   Grin

http://www.cnbc.com/2015/11/03/bitcoin-to-be-6th-largest-reserve-currency-by-2030-research.html
full member
Activity: 524
Merit: 100
Not gonna lie.

I'm the biggest asshole on this forum.   Grin

Yeah, we know.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
legendary
Activity: 1120
Merit: 1000

Just read a few posts ahead and you won't end up #rekt:ing yourself.

Lmfao !

You could probably cut bitcointalk's sprawling thread sizes down to a manageble level if we all just replied to each other "#rekt". (The forums probably wouldn't lose much information either  Cheesy )


ice hope for some #rektal fun in jail...

Hashfast is #rekt
hero member
Activity: 966
Merit: 1003
If a miner mines a block and includes a conflicting transaction, or the big miner causes a reorg and removes that IX transaction, then yeah, you'd be fucked.

Invalid blocks are rejected by the network.

An invalid block can be for example a block which has a transaction that conflicts with an already locked InstantX transaction.


And the reorg scenario?

lol i dunno

#rekt

This may be what Peter Todd referred to when he called Dark-coin "bad crypto" and "snakeoil."

Except that I'm not the dev, and my understanding was actually correct.

Just read a few posts ahead and you won't end up #rekt:ing yourself.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
If a miner mines a block and includes a conflicting transaction, or the big miner causes a reorg and removes that IX transaction, then yeah, you'd be fucked.

Invalid blocks are rejected by the network.

An invalid block can be for example a block which has a transaction that conflicts with an already locked InstantX transaction.


And the reorg scenario?

lol i dunno

#rekt

This may be what Peter Todd referred to when he called Dark-coin "bad crypto" and "snakeoil."
legendary
Activity: 1288
Merit: 1000
Market Depth for Dash on Poloniex : http://dc-charts.com/depth_dash.php?ex=16&cu=0



Other exchanges with Dash trading volumes show good buy support as well : http://dc-charts.com/dash/

edit : hmmm, some more then others.. but Poloniex does show some strong buy-support and has the most Dash traded volume.

Cryptsy depth chart not bad too :

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