[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1761.

aleix

legendary

Activity: 1790

Merit: 1100

Quote from: TanteStefana2 on October 05, 2015, 04:27:57 PM

Quote from: ?? on ??

Quote from: aleix on October 05, 2015, 04:13:15 PM

Quote from: ddink7 on October 05, 2015, 04:04:36 PM

Quote from: dazbarlby on October 05, 2015, 03:43:37 PM

I'm pretty sure we won't need to worry about all these centralised exchanges in a years time because the quorum system and the masternode network will allow us to have our own decentralised exchange, which will be more secure and trust worthy than anything the centralised competition can offer.

Want to know more about quorum technology -> https://en.wikipedia.org/wiki/Quorum_(distributed_computing)

The problem with decentralized exchanges is that some entity must have a bank account in order to do the Fiat > Crypto or Crypto > Fiat conversion. In the future, if we can close the loop and lessen the Crypto > Fiat trades, then a decentralized exchange might have a chance. But a decentralized entity cannot set up a bank account to convert to/from fiat.

The decentralized Bitcoin exchange is coming, and will accept DASH

https://bitsquare.io

Nice.

Bitsquare is designed to be:

   Decentralized – there is no single point of failure.
   Safe – Bitsquare never holds your funds.
   Instantly accessible – no need for approval from a central authority.
   Private -no one except trading partners exchange personally identifying data.
   Open – every aspect of the project is transparent.
   Easy – we take usability seriously.

The thing is, how do you know you're not dealing with some undercover government agent? It's ok, if your country has no rules against trading like this, but I don't even know what the rules are for me in the USA?

qwizzie, I think the fiat is like the item you buy on ebay. it has to arrive before the coin is cleared

I hope we get a crypto only exchange where trading partners never know eachother. It's simply done automatically. This is one of the things I've been hoping the Masternode network would be used for.

Quote from: qwizzie on October 05, 2015, 04:26:21 PM

i'm still curious though how they will deal with FIAT ...

Bitsquare is a decentralized system p2p with a multisig arbitration system. This will be open source when it will launch, so anyone can check the code and compile.

You will choose the people of the country you want to trade with. The users will send the FIAT directly from one account to another, and the arbitrators will work if necessary.

FIAT- BTC
BTC-FIAT
Alts-BTC
BTC-Alts

(no Alts-Alts for now, maybe in the future)

Solarminer

hero member

Activity: 826

Merit: 502

Quote from: Kienbui on October 05, 2015, 09:54:15 PM

Quote from: ddink7 on October 05, 2015, 04:04:36 PM

Quote from: dazbarlby on October 05, 2015, 03:43:37 PM

I'm pretty sure we won't need to worry about all these centralised exchanges in a years time because the quorum system and the masternode network will allow us to have our own decentralised exchange, which will be more secure and trust worthy than anything the centralised competition can offer.

Want to know more about quorum technology -> https://en.wikipedia.org/wiki/Quorum_(distributed_computing)

The problem with decentralized exchanges is that some entity must have a bank account in order to do the Fiat > Crypto or Crypto > Fiat conversion. In the future, if we can close the loop and lessen the Crypto > Fiat trades, then a decentralized exchange might have a chance. But a decentralized entity cannot set up a bank account to convert to/from fiat.

I think, just only decentralized escrow and location awareness wallet is enough. People will become decentralized mobile exchanges.

You could also make exchanges without escrow. Just do an ACH transfer between bank accounts. Release the DASH when the ACH funds are in the dash sellers account. It could be a multisig, ethereum function type deal, or 3rd part that verifies the ACH deposit. Technically, the dash would be in some sort of Escrow, but it could be automated so there is little risk.

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: Probleminfected on October 06, 2015, 02:40:22 AM

Sorry bro, I just don't understand you.....

Maybe this will help...

Probleminfected

member

Activity: 89

Merit: 100

Quote from: iCEBREAKER on October 05, 2015, 08:43:05 PM

Quote from: tungfa on October 05, 2015, 12:27:39 AM

Quote from: Anon136 on October 05, 2015, 12:20:35 AM

Just so you guys know, I'm from the xmr community and I have icebreaker on ignore too. Cheesy

lol
nice
welcome to the club

I do care about what you think.

Like, why do you care so much about Dash?
Why do you care what people do with their money?
Why do you even waste your time on here?
Why do you think anybody will listen to you?

I could give two shits what people invest in. If I don't like it and they do, why would I waste any energy on telling them multiple times daily how crappy I think whatever they are spending their money on is. Most people just stop listening and then if you keep on bugging them they end up treating you as if you don't even exist...

Sorry bro, I just don't understand you.

Solarminer

hero member

Activity: 826

Merit: 502

Quote from: Jestah on October 05, 2015, 06:02:10 PM

Has anyone else noticed that cryptsy's redesign looks like their site? Colors and whatnot.

I did notice that withdraws work better - maybe a better site backend, or less traffic with new fees.

Before any DASH withdraws would get split and you would have to request 2 or more times to get your balance out. This week withdraws were fast and full amount each time. Good thing too, since I used up my 3 get out of Crypsty free cards. Maybe just in the nick of time with the feds on them(allegedly).

BiteMyShinyMetalAss

hero member

Activity: 617

Merit: 509

Crypto Card - https://platinum.crypto.com/r/28cz7d

Quote from: alex-ru on October 05, 2015, 04:46:54 PM

Quote from: BiteMyShinyMetalAss on October 05, 2015, 04:36:26 PM

Quote from: alex-ru on October 05, 2015, 04:33:16 PM

There is a nice exchange service, DASH is accepted now!

https://www.alfacashier.com

Cool

Is it russian? looks russian to me...

Yes, They are Russian.

Is working for 2-3 years already.

Isnt crytpo forbidden in russia?

TanteStefana2

legendary

Activity: 1260

Merit: 1001

Quote from: stealth923 on October 05, 2015, 09:31:47 PM

Quote from: TanteStefana2 on October 05, 2015, 08:44:22 PM

Wow, the Masternode numbers keep climbing! 3275 now. New exchanges, big Amsterdam meetup, it's a good week Cheesy

Make that 3277..lol 2 MN in the small time between when you posted...

Cant believe how many nodes there are now!!!

I really think this is happening: https://en.wikipedia.org/wiki/The_Tipping_Point - its a great book.

There will come a point when it sky rockets and nothing will be able to stop it!

Make it so #1

I need to read that and crossing the chasm. But my gut tells me you're right

Kienbui

sr. member

Activity: 478

Merit: 250

Quote from: ddink7 on October 05, 2015, 04:04:36 PM

Quote from: dazbarlby on October 05, 2015, 03:43:37 PM

I'm pretty sure we won't need to worry about all these centralised exchanges in a years time because the quorum system and the masternode network will allow us to have our own decentralised exchange, which will be more secure and trust worthy than anything the centralised competition can offer.

Want to know more about quorum technology -> https://en.wikipedia.org/wiki/Quorum_(distributed_computing)

The problem with decentralized exchanges is that some entity must have a bank account in order to do the Fiat > Crypto or Crypto > Fiat conversion. In the future, if we can close the loop and lessen the Crypto > Fiat trades, then a decentralized exchange might have a chance. But a decentralized entity cannot set up a bank account to convert to/from fiat.

I think, just only decentralized escrow and location awareness wallet is enough. People will become decentralized mobile exchanges.

stealth923

legendary

Activity: 1036

Merit: 1000

Quote from: TanteStefana2 on October 05, 2015, 08:44:22 PM

Wow, the Masternode numbers keep climbing! 3275 now. New exchanges, big Amsterdam meetup, it's a good week Cheesy

Make that 3277..lol 2 MN in the small time between when you posted...

Cant believe how many nodes there are now!!!

I really think this is happening: https://en.wikipedia.org/wiki/The_Tipping_Point - its a great book.

There will come a point when it sky rockets and nothing will be able to stop it!

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: Jestah on October 05, 2015, 09:07:34 PM

Quote from: iCEBREAKER on October 05, 2015, 08:50:01 PM

Quote from: Honest Tim on October 05, 2015, 05:08:31 AM

There is also the distinct possibility that Cryptsy has done absolutely nothing wrong at all and these are all completely false allegations.

When are you going to prison ffs?

IDK when Big Vern is going to prison for Crapsea's numerous violations.

Probably sometime after Josh Garza (for Paycoin fraud), but before eduffield (for Dash scamming).

Jestah

sr. member

Activity: 426

Merit: 250

Quote from: iCEBREAKER on October 05, 2015, 08:50:01 PM

Quote from: Honest Tim on October 05, 2015, 05:08:31 AM

There is also the distinct possibility that Cryptsy has done absolutely nothing wrong at all and these are all completely false allegations.

When are you going to prison ffs?

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: qwizzie on October 05, 2015, 12:46:52 PM

okay guys, throw some guesses out there .. what do you think Codename Evolution is ?

It's probably THE DARKCOIN FOUNDATION INC's exit scam.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: freefall. on October 05, 2015, 08:36:43 AM

Quote from: toknormal on October 05, 2015, 08:31:27 AM

Big Vern fires back !

Homero Garza said the exact same thing. Verbatim.

The article clear states paper work is expected to flow forward to them in 2016 anyway.

What a strange, completely unexpected coincidence that DashHoles are lapping up Big Vern's pablum exactly like Paycoiners eagerly swallowed Garza's.

/shocked

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: Honest Tim on October 05, 2015, 05:08:31 AM

There is also the distinct possibility that Cryptsy has done absolutely nothing wrong at all and these are all completely false allegations.

Only a True DashHole would defend Crapsea after the shit they pulled with Paycoin and Prime Controllers.

I can't wait until Coinfire reports on the multiple ongoing investigations into Dash's HYIP scam and securities fraud.

I expect to see the exact same kind of "maybe these are all false allegations" denialism when that happens.

TanteStefana2

legendary

Activity: 1260

Merit: 1001

Wow, the Masternode numbers keep climbing! 3275 now. New exchanges, big Amsterdam meetup, it's a good week Cheesy

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: tungfa on October 05, 2015, 12:27:39 AM

Quote from: Anon136 on October 05, 2015, 12:20:35 AM

Just so you guys know, I'm from the xmr community and I have icebreaker on ignore too. Cheesy

lol
nice
welcome to the club

patrolman

sr. member

Activity: 447

Merit: 250

Quote from: Jestah on October 05, 2015, 06:02:10 PM

Quote from: coins101 on October 05, 2015, 05:39:31 PM

Quote from: ddink7 on October 05, 2015, 05:34:27 PM

Quote from: toknormal on October 05, 2015, 05:12:33 PM

I think that Gemini thing is a pretty huge deal actually.

I know everybody's waiting on the ETF, but the fact is that up till now all of the exchanges have basically been nothing more than home hobby software projects slapped together and fired up into life to cope with the early adopters.

This thing actually marries fiat to crypto in a pretty public, formal, fully regulated way. It's what all of crypto needs - a front door on the mainstream finance world. Even Punk Bands had to engage with their fans through record shops.

BitcoinWednesday opens on Wednesday. The front door of crypto opens on Thursday.

Timing couldn't be better if you ask me.

What do they offer that Circle doesn't? Circle now has a BitLicense?

They have a different type of licence.

They can operate across America, not just NY. Also, funds deposited with them are insured by the government. If they go down, you get your money back, depending on the maximum compensation levels (I think its like $90k.)

Has anyone else noticed that cryptsy's redesign looks like their site? Colors and whatnot.

Anyone else noticed the big old Darkcoin logo (coin) on the DASH/BTC trading page? Get with the times Cryptsy!

GhostPlayer

legendary

Activity: 1092

Merit: 1000

Quote from: dazbarlby on October 05, 2015, 03:51:01 PM

DASH
Built by the People
Run by the People
Used by the People

Don't worry Satoshi, we have it covered

haha ! Nice one! Grin

Love it

Jestah

sr. member

Activity: 426

Merit: 250

Quote from: coins101 on October 05, 2015, 05:39:31 PM

Quote from: ddink7 on October 05, 2015, 05:34:27 PM

Quote from: toknormal on October 05, 2015, 05:12:33 PM

I think that Gemini thing is a pretty huge deal actually.

I know everybody's waiting on the ETF, but the fact is that up till now all of the exchanges have basically been nothing more than home hobby software projects slapped together and fired up into life to cope with the early adopters.

This thing actually marries fiat to crypto in a pretty public, formal, fully regulated way. It's what all of crypto needs - a front door on the mainstream finance world. Even Punk Bands had to engage with their fans through record shops.

BitcoinWednesday opens on Wednesday. The front door of crypto opens on Thursday.

Timing couldn't be better if you ask me.

What do they offer that Circle doesn't? Circle now has a BitLicense?

They have a different type of licence.

They can operate across America, not just NY. Also, funds deposited with them are insured by the government. If they go down, you get your money back, depending on the maximum compensation levels (I think its like $90k.)

Has anyone else noticed that cryptsy's redesign looks like their site? Colors and whatnot.

semajjames

hero member

Activity: 528

Merit: 500

Quote from: coins101 on October 05, 2015, 05:39:31 PM

Quote from: ddink7 on October 05, 2015, 05:34:27 PM

Quote from: toknormal on October 05, 2015, 05:12:33 PM

I think that Gemini thing is a pretty huge deal actually.

I know everybody's waiting on the ETF, but the fact is that up till now all of the exchanges have basically been nothing more than home hobby software projects slapped together and fired up into life to cope with the early adopters.

This thing actually marries fiat to crypto in a pretty public, formal, fully regulated way. It's what all of crypto needs - a front door on the mainstream finance world. Even Punk Bands had to engage with their fans through record shops.

BitcoinWednesday opens on Wednesday. The front door of crypto opens on Thursday.

Timing couldn't be better if you ask me.

What do they offer that Circle doesn't? Circle now has a BitLicense?

They have a different type of licence.

They can operate across America, not just NY. Also, funds deposited with them are insured by the government. If they go down, you get your money back, depending on the maximum compensation levels (I think its like $90k.)

When you say:-
"funds deposited with them are insured by the government."
Do you mean all funds deposited including BTC ect or just US$ ?

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1761. (Read 9724097 times)