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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1796. (Read 9724017 times)

legendary
Activity: 3066
Merit: 1188


The fact that BTC hasn't gained widespread adoption by now is not a concern at all, if you look at a larger timeframe. Bitcoin, from a Dash perspective, is not very adoptable, due to its lack of fungibility and slow transaction speeds, not to mention a clear lack of direction.

Dash, given its intense organization and direction, coupled with a superior product, given a large enough timeframe, will refine and get the word out. It will overtake Bitcoin the rudderless ship at some point. Then it will just be a case of fine-tuning and maintaining.

It's really laughable the problems and infighting that Bitcoin has, that Dash, after only 1.5 years in existence, has solved already. We have the means to succeed where Bitcoin failed. We just need time, and I for one, consider this a long-term effort with lots of expected and unexpected ups and downs.

We will succeed.

This is a great post. The simplicity of the contrasts kind of blew me. But that's it - in a nutshell.
sr. member
Activity: 436
Merit: 250
Was The Instamine A Positive Thing For Dash?

https://dashdot.io/alpha/?page_id=118

TLDR: The instamine was a bug that turned into a feature, it's also why we're continuing to be a success.


Now it's up to each person what he believe and what not. But if you still think it's a scam just LEAVE. You don't have to enlighten people anymore!
legendary
Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
Was The Instamine A Positive Thing For Dash?

https://dashdot.io/alpha/?page_id=118

TLDR: The instamine was a bug that turned into a feature, it's also why we're continuing to be a success.

OK, now that's grabbing the bull by the horns! Well done, sir...

yeah, i just finished reading it (i mistook it as a link to birth of darkcoin so i skipped it at first).
It contains a lot of new info and provides an interesting (and somewhat challenging) view on the events.   
Great!
Evan I hope that any new coming user will have full info on his hand now, clear and transparent.
Thumb up!
legendary
Activity: 2548
Merit: 1245
Was The Instamine A Positive Thing For Dash?

https://dashdot.io/alpha/?page_id=118

TLDR: The instamine was a bug that turned into a feature, it's also why we're continuing to be a success.

OK, now that's grabbing the bull by the horns! Well done, sir...

yeah, i just finished reading it (i mistook it as a link to birth of darkcoin so i skipped it at first).
It contains a lot of new info and provides an interesting (and somewhat challenging) view on the events.   
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
Was The Instamine A Positive Thing For Dash?

https://dashdot.io/alpha/?page_id=118

TLDR: The instamine was a bug that turned into a feature, it's also why we're continuing to be a success.

OK, now that's grabbing the bull by the horns! Well done, sir...
legendary
Activity: 1176
Merit: 1036
Dash Developer
Was The Instamine A Positive Thing For Dash?

https://dashdot.io/alpha/?page_id=118

TLDR: The instamine was a bug that turned into a feature, it's also why we're continuing to be a success.
legendary
Activity: 2548
Merit: 1245
- its minuscule fee for a transaction;
- the speed of the transaction (IX);


I've been thinking a bit about that famous, elusive 'mass adoption' based on what I wrote in my previous post. IX etc., are deemed to be safe. The infrastructure I am proposing can go that far to completely remove a need for a wallet (DASH or BTC) from the equation.

-- a DASH CASH platform;
-- an user, a retailer gets assigned its unique # something they understand in a very easy, safe and secure, streamlined process. It can be associated with their e-mail, Tax ID, name, who cares (and on the back-end of D-C platform) it is identifiable as a simple, unique Dash address;
-- their own website or a physical place of business would have the same stuff like PP button or QR code and accept the payment;
-- the payment goes, via its DASH CASH platform, using DashPay, Dashbase etc., to the retailer's fiat account.

And voila!, these advantages - like the credit cards but instead for a 3% fee, only a 0.03% fee - get even to the most dense, crypto-averse in particular or novelty averse in general people and we can approach them with a clear message without all the voodoo. Let them study the voodoo if they wish. If not we have enough geeks and upcoming generations that will be happy with the crypto world, crypto anarchy, blockchain based governance, blockchain based corporations, passports, nations...
Actually, all you need is a Dash address linked via ACH account to fiat deposit.  Have a shapeshift like transaction, put in the $ amount you want and it will give you a deposit address and amount of DASH to send. The problem comes in when you deposit with Fiat, you have to have KYC and a money transmitter license/commodity trader license.  Maybe you could somehow make the owner of the dash deposit address the same as the ACH account and eliminate the need for the KYC and other paperwork.

Bitpay pretty much does this with bitcoin already but with more account information requirements.  They also have the licenses and per sale accounting needed to do it.

The other key that is bigger than just a place to accept payments, is the how you send them.  Mobile wallets need to be really easy to use.  They should use nfc to communicate the amount and deposit address automatically.  This should be possible like when you bump phones to transfer a contact.  If you can do that, it will be really easy to pay for things.  You could even add a password, transaction limits, and other security features.  So not only is this easier than a credit card, but safer.

Now you have a better merchant and consumer experience to propel mass adoption.

For a start we need more sites like these :

https://www.litebit.eu/home/dash/nl/?page=landing&coin=drk&lang=nl

To be honest i havent tried that specific site out yet (i will do that soon, for now i'm using it pure as example) but appearently it has several fiat currencies
 (EUR, USD, Pounds, New Turkish Lira, Swiss Franc, Polish Zloty) that can be exchanged for Dash directly (they seem to have 14K Dash available to buy) and visa versa.

Now if they can somehow implement InstantX for Dash, traders / users could be in and out of Dash / FIAT very fast.

Payment methods :



Site Languages : Dutch, English, Deutsch  



hero member
Activity: 826
Merit: 502
- its minuscule fee for a transaction;
- the speed of the transaction (IX);


I've been thinking a bit about that famous, elusive 'mass adoption' based on what I wrote in my previous post. IX etc., are deemed to be safe. The infrastructure I am proposing can go that far to completely remove a need for a wallet (DASH or BTC) from the equation.

-- a DASH CASH platform;
-- an user, a retailer gets assigned its unique # something they understand in a very easy, safe and secure, streamlined process. It can be associated with their e-mail, Tax ID, name, who cares (and on the back-end of D-C platform) it is identifiable as a simple, unique Dash address;
-- their own website or a physical place of business would have the same stuff like PP button or QR code and accept the payment;
-- the payment goes, via its DASH CASH platform, using DashPay, Dashbase etc., to the retailer's fiat account.

And voila!, these advantages - like the credit cards but instead for a 3% fee, only a 0.03% fee - get even to the most dense, crypto-averse in particular or novelty averse in general people and we can approach them with a clear message without all the voodoo. Let them study the voodoo if they wish. If not we have enough geeks and upcoming generations that will be happy with the crypto world, crypto anarchy, blockchain based governance, blockchain based corporations, passports, nations...
Actually, all you need is a Dash address linked via ACH account to fiat deposit.  Have a shapeshift like transaction, put in the $ amount you want and it will give you a deposit address and amount of DASH to send. The problem comes in when you deposit with Fiat, you have to have KYC and a money transmitter license/commodity trader license.  Maybe you could somehow make the owner of the dash deposit address the same as the ACH account and eliminate the need for the KYC and other paperwork.

Bitpay pretty much does this with bitcoin already but with more account information requirements.  They also have the licenses and per sale accounting needed to do it.

The other key that is bigger than just a place to accept payments, is how you send them.  Mobile wallets need to be really easy to use.  They should use nfc to communicate the amount and deposit address automatically.  This should be possible like when you bump phones to transfer a contact.  We have QR code scanning with wallets, but this still seems more difficult than what it could be.  If you can do that, it will be really easy to pay for things.  You could even add a password, transaction limits, and other security features.  So not only is this easier than a credit card, but safer.

Now you have a better merchant and consumer experience to propel mass adoption.
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host

Let me share something - as a young man I was a chess player, a bit later I was a political columnist - and in both fields I had an advantage of seeing a move or more further down the road than the others.....
If we'd have these two goals clearly outlined I'd see a direction this project is going and will have go back to my insane days of having 90% of ALL my investments poured into it. Like this we, obviously, depend on the others to develop the same but if they don't...


Very interesting and relevant stuff, wozzek. You're right, the adoption stuff is a real challenge and till now things have been strategic - like actually aspiring to something that actually can function as money. As you say, the hard bit is getting it adopted, especially when bitcoin itself isn't even in widespread adoption.

Will digest.

The fact that BTC hasn't gained widespread adoption by now is not a concern at all, if you look at a larger timeframe. Bitcoin, from a Dash perspective, is not very adoptable, due to its lack of fungibility and slow transaction speeds, not to mention a clear lack of direction.

Dash, given its intense organization and direction, coupled with a superior product, given a large enough timeframe, will refine and get the word out. It will overtake Bitcoin the rudderless ship at some point. Then it will just be a case of fine-tuning and maintaining.

It's really laughable the problems and infighting that Bitcoin has, that Dash, after only 1.5 years in existence, has solved already. We have the means to succeed where Bitcoin failed. We just need time, and I for one, consider this a long-term effort with lots of expected and unexpected ups and downs.

We will succeed.
legendary
Activity: 1834
Merit: 1023




it would be nice if Evan could add the liquidity provider budget voting hash on that first page as well.
(see page 6 : #liquidity-providers : mnbudget vote-many 74d557df5d62ea9e3ef1b26a2cbab3b4e71032d7f9480ea773aa9d87d1aecb5e yes)


good point !
i totally forgot about that !!
legendary
Activity: 2548
Merit: 1245

it would be nice if Evan could add the liquidity provider budget voting hash on that first page as well.
(see page 6 of above link : #liquidity-providers : mnbudget vote-many 74d557df5d62ea9e3ef1b26a2cbab3b4e71032d7f9480ea773aa9d87d1aecb5e yes)
legendary
Activity: 1288
Merit: 1000

If their specs are correct, overclocked to 400MHz (and cooled very well!) will produce 9M hash, or about .16 dash per day at current difficulty.

ROI in about 110 days if diff stays in the same ranges (doubtful. will probably be double or triple that depending on how many come online.)
(each stick represents about 0.01385% of the current total network hash)

I'd grab a couple for $39...... lol take my money please!  Where to order?

https://squareup.com/market/pinidea


YOUR ORDER #XXXX WILL BE READY BY OCT 03

Can't wait to see what this will do....
This could be really good for the network specially for that price, is really accessible for anyone.  Lets see what happens.

Just did some calculations, just 4000 of those USB sticks would match with more then 50% of current total networkhash (55,4%) Shocked
So here is a thought : the Dash community orders 4000 ASIC USB miners through budget proposal and leases them out to interested miners to be used on a specific community directed p2p Dash pool to counter-balance other pools.
Slap some shipping costs on it and you can also lease them out to European miners.  

edit : just some brainstorming and also we have absolutely no proof that ASIC Dash Miner is for real .. yet.


It seems now, that you can propose anything and win it due to lack of voting. There should be a rule, as for the proposal to pass, at least 30-40% of MN votes are needed.

It's not completly true, as already one budget proposal was refused by MN votes.
legendary
Activity: 2548
Merit: 1245

If their specs are correct, overclocked to 400MHz (and cooled very well!) will produce 9M hash, or about .16 dash per day at current difficulty.

ROI in about 110 days if diff stays in the same ranges (doubtful. will probably be double or triple that depending on how many come online.)
(each stick represents about 0.01385% of the current total network hash)

I'd grab a couple for $39...... lol take my money please!  Where to order?

https://squareup.com/market/pinidea


YOUR ORDER #XXXX WILL BE READY BY OCT 03

Can't wait to see what this will do....
This could be really good for the network specially for that price, is really accessible for anyone.  Lets see what happens.

Just did some calculations, just 4000 of those USB sticks would match with more then 50% of current total networkhash (55,4%) Shocked
So here is a thought : the Dash community orders 4000 ASIC USB miners through budget proposal and leases them out to interested miners to be used on a specific community directed p2p Dash pool to counter-balance other pools.
Slap some shipping costs on it and you can also lease them out to European miners.  

edit : just some brainstorming and also we have absolutely no proof that ASIC Dash Miner is for real .. yet.


It seems now, that you can propose anything and win it due to lack of voting. There should be a rule, as for the proposal to pass, at least 30-40% of MN votes are needed.

good thing i added my edit when i did... which does make me wonder why you even replied.
there should be a rule though, i agree : dont take people thinking outloud in this forum too seriously.
hero member
Activity: 617
Merit: 509
Crypto Card - https://platinum.crypto.com/r/28cz7d

If their specs are correct, overclocked to 400MHz (and cooled very well!) will produce 9M hash, or about .16 dash per day at current difficulty.

ROI in about 110 days if diff stays in the same ranges (doubtful. will probably be double or triple that depending on how many come online.)
(each stick represents about 0.01385% of the current total network hash)

I'd grab a couple for $39...... lol take my money please!  Where to order?

https://squareup.com/market/pinidea


YOUR ORDER #XXXX WILL BE READY BY OCT 03

Can't wait to see what this will do....
This could be really good for the network specially for that price, is really accessible for anyone.  Lets see what happens.

Just did some calculations, just 4000 of those USB sticks would match with more then 50% of current total networkhash (55,4%) Shocked
So here is a thought : the Dash community orders 4000 ASIC USB miners through budget proposal and leases them out to interested miners to be used on a specific community directed p2p Dash pool to counter-balance other pools.
Slap some shipping costs on it and you can also lease them out to European miners.  

edit : just some brainstorming and also we have absolutely no proof that ASIC Dash Miner is for real .. yet.


It seems now, that you can propose anything and win it due to lack of voting. There should be a rule, as for the proposal to pass, at least 30-40% of MN votes are needed.
full member
Activity: 225
Merit: 100
- its minuscule fee for a transaction;
- the speed of the transaction (IX);


-- a DASH CASH platform;
-- an user, a retailer gets assigned its unique # something they understand in a very easy, safe and secure, streamlined process. It can be associated with their e-mail, Tax ID, name, who cares (and on the back-end of D-C platform) it is identifiable as a simple, unique Dash address;
-- their own website or a physical place of business would have the same stuff like PP button or QR code and accept the payment;
-- the payment goes, via its DASH CASH platform, using DashPay, Dashbase etc., to the retailer's fiat account.


That would be amazing.

Listen to this elderly lady who got scammed and her computer held ransom for BTC. The thing she found most frustrating about the whole ordeal was when she had to try and get bitcoins, within a short time frame. Skip to 6 mins in for BTC talk.

http://www.radiolab.org/story/darkode/
http://www.podtrac.com/pts/redirect.mp3/audio.wnyc.org/radiolab_podcast/radiolab_podcast15darkode.mp3
seems the end of DASH is coming Sad
loved this coin tho
Maybe this is a surprise this year. Wink
Opportunities in a few weeks ago
Thanks...
Your under 5 activity is very confortable
member
Activity: 88
Merit: 10
- its minuscule fee for a transaction;
- the speed of the transaction (IX);


-- a DASH CASH platform;
-- an user, a retailer gets assigned its unique # something they understand in a very easy, safe and secure, streamlined process. It can be associated with their e-mail, Tax ID, name, who cares (and on the back-end of D-C platform) it is identifiable as a simple, unique Dash address;
-- their own website or a physical place of business would have the same stuff like PP button or QR code and accept the payment;
-- the payment goes, via its DASH CASH platform, using DashPay, Dashbase etc., to the retailer's fiat account.


That would be amazing.

Listen to this elderly lady who got scammed and her computer held ransom for BTC. The thing she found most frustrating about the whole ordeal was when she had to try and get bitcoins, within a short time frame. Skip to 6 mins in for BTC talk.

http://www.radiolab.org/story/darkode/
http://www.podtrac.com/pts/redirect.mp3/audio.wnyc.org/radiolab_podcast/radiolab_podcast15darkode.mp3
legendary
Activity: 3066
Merit: 1188

Let me share something - as a young man I was a chess player, a bit later I was a political columnist - and in both fields I had an advantage of seeing a move or more further down the road than the others.....
If we'd have these two goals clearly outlined I'd see a direction this project is going and will have go back to my insane days of having 90% of ALL my investments poured into it. Like this we, obviously, depend on the others to develop the same but if they don't...


Very interesting and relevant stuff, wozzek. You're right, the adoption stuff is a real challenge and till now things have been strategic - like actually aspiring to something that actually can function as money. As you say, the hard bit is getting it adopted, especially when bitcoin itself isn't even in widespread adoption.

Will digest.
sr. member
Activity: 1593
Merit: 284
- its minuscule fee for a transaction;
- the speed of the transaction (IX);


I've been thinking a bit about that famous, elusive 'mass adoption' based on what I wrote in my previous post. IX etc., are deemed to be safe. The infrastructure I am proposing can go that far to completely remove a need for a wallet (DASH or BTC) from the equation.

-- a DASH CASH platform;
-- an user, a retailer gets assigned its unique # something they understand in a very easy, safe and secure, streamlined process. It can be associated with their e-mail, Tax ID, name, who cares (and on the back-end of D-C platform) it is identifiable as a simple, unique Dash address;
-- their own website or a physical place of business would have the same stuff like PP button or QR code and accept the payment;
-- the payment goes, via its DASH CASH platform, using DashPay, Dashbase etc., to the retailer's fiat account.

And voila!, these advantages - like the credit cards but instead for a 3% fee, only a 0.03% fee - get even to the most dense, crypto-averse in particular or novelty averse in general people and we can approach them with a clear message without all the voodoo. Let them study the voodoo if they wish. If not we have enough geeks and upcoming generations that will be happy with the crypto world, crypto anarchy, blockchain based governance, blockchain based corporations, passports, nations...
legendary
Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
So many '0 activity', brand new accounts around.
Looks like someone wants to FUD a bit more.
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