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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1835. (Read 9724017 times)

full member
Activity: 125
Merit: 100
cryptsy/drkbtc
18:21:02 0.01042 5218.92

One was able to get rid of 5218 DASH in one swoop and another was able to get it all at a single price...  hope both parties are happy.  =)  [or it could be the same person]



Lol... you mean as if that was a wash trade?   Grin Lol, I kinda doubt that...
sr. member
Activity: 447
Merit: 250
I would propose a budget vote for:
   - Setingt up permanent masternodes never to be touched and rewards donated for whatever well intended acts.

I like the idea of setting up a few Masternodes that generate income, especially if there are funds left over at the end of the month. I don't imagine there is any way to do this in a fully decentralised manner, as there will always need to be someone to keep the Masternode up to date, and I suppose to control the 1000 Dash (at least at the moment). Perhaps some of the well-known providers of Masternode hosting now could enter a competition to run the Masternode and the winner could take responsibility for it, and pay themselves in Dash, of course. If it became known that the entity were not fulfilling its duty as an "official" Dash Masternode host, many of those looking for Masternode hosting would steer clear. It's not decentralised or trustless, but it is potentially a way of generating more funds. It might  be more trouble than it's worth though.
hero member
Activity: 826
Merit: 502
I would also target as a highly important aspect of this system, not mentioned in quote; Decentralized Donation.
The giving back and committing to a better world is something that also is key in mass adoption and has the benefits of a multitude of partnerships of minds thinking of a better vision.

I would propose a budget vote for:
   - Setingt up permanent masternodes never to be touched and rewards donated for whatever well intended acts.
Maybe saving a panda or providing free servers for masternode users. Personally the thought of paying even if it is just a little is bothersome. Providing a service for covering server costs would be nice.
Maybe reimburse lost coins, kickstarters, lottories, marketing, scaling and all of the benefit of a more spread and secure network with more reliability.
Wooooh.  Let's not think of DASH like a fiat currency controlled by an appointed republic acting like they are saving the world that can print as much as they want while inflating away value while digging a deeper debt hole.

There are already some charity projects.  Charitycoin, 2givecoin, etc.  You can see how well they are doing, but it isn't like they are getting top 100 on coin market cap.  Startcoin is another coin tailored for kickstarter projects.

1000 DASH for a masternode is much more valuable to spend today when you think about promotion, development, exchanges, etc - rather than distributed over 5-6 years of payments.  Of course, I totally could be wrong, and masternode paying panda saving and free server proposals could start getting approved left and right.  Submit a proposal and let's see what happens.
hero member
Activity: 778
Merit: 563
cryptsy/drkbtc
18:21:02 0.01042 5218.92

One was able to get rid of 5218 DASH in one swoop and another was able to get it all at a single price...  hope both parties are happy.  =)  [or it could be the same person]

sr. member
Activity: 426
Merit: 250

This would be a great bargaining chip when dealing with governments eventually...

eduffield does not think small.   Shocked
sr. member
Activity: 436
Merit: 250
sr. member
Activity: 448
Merit: 252
Follow us on our new account ShapeShift.com
Our apologies. There are several logos floating around out there for you guys so we must have mixed them up. Hopefully it now reflects the correct logo but please let us know if it is something else.

ShapeShift has added a buy/sell feature to the real time market data website CoinCap.io! You can now buy or sell DASH straight from the market data website. Learn more about this here: http://bit.ly/1UVFZ7m



You know that's a Darkcoin logo, right?
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
ShapeShift has added a buy/sell feature to the real time market data website CoinCap.io! You can now buy or sell DASH straight from the market data website. Learn more about this here: http://bit.ly/1UVFZ7m



You know that's a Darkcoin logo, right?
legendary
Activity: 1176
Merit: 1036
Dash Developer
I would propose a budget vote for:
   - Setingt up permanent masternodes never to be touched and rewards donated for whatever well intended acts.
Maybe saving a panda or providing free servers for masternode users. Personally the thought of paying even if it is just a little is bothersome. Providing a service for covering server costs would be nice.
Maybe reimburse lost coins, kickstarters, lottories, marketing, scaling and all of the benefit of a more spread and secure network with more reliability.

This would be a great bargaining chip when dealing with governments eventually... we can donate to the public good and earn good will from them in return. By that I mean, say in 10 years we have 100M in "good will" masternode revenue per year. We can negotiate with governments and say, if you do XYZ, we will donate 20M to ABC program in your country. Dash is all about saving pandas...  Grin
sr. member
Activity: 448
Merit: 252
Follow us on our new account ShapeShift.com
ShapeShift has added a buy/sell feature to the real time market data website CoinCap.io! You can now buy or sell DASH straight from the market data website. Learn more about this here: http://bit.ly/1UVFZ7m

sr. member
Activity: 364
Merit: 250
Pre-sale - March 18
Someone PM'd me and asked why I was suddenly paying attention to the price, this should answer that Q  Wink

Xcoin to Dash v12

The goal during this phase was to find technological improvements to improve the following aspects of digital currency:

- price stability (volatility reduction for the long term)
- adoption
- privacy
- transaction speeds
- economic issues

I would officially say, we have five-ten years of technology that hasn't been released publicly yet and I'm done tweaking. During this period of time, the price didn't matter, the project was pure speculation and we were just working on the technology.

Present and Future

So now that we have some amazing technology and a vision for the future, I think we can move on to the next phase of the project. We are the first true Decentralized Autonomous Corporation and I would extend my argument to say that Bitcoin and every other cryptocurrency project is NOT.

What do I believe a true DAC requires?:

- Decentralized Team
- Decentralized Funding
- Decentralized Governance
- All costs of the network must be provided for in a decentralized way

Think of every centralized company that you know of and how they operate, then flip that all upside down and try to figure out how to make it purely in a decentralized way without having any centralized components. This is what we've just created and it includes an incredibly powerful funding mechanism, staff, and paid infrastructure that will scale.

So then let’s say we have a centralized company that's a startup and they have some sort of funding mechanism. First, they will spend this seed funding in a way that provides growth and a ROI for their investors. Afterward, they can turn that funding into recurring revenue streams that pay for all of the expenses of the company and allow them to grow.

We are officially at the stage of having the first ever seed funding for the first ever DAC, which means we must use this money as any centralized company would, and provide ourselves ROI on our investments. One of the signals we're going to use is the price. We don't expect instant results, but we definitely expect results over 6-12 months from our initial investment. If we don't see those results, then we'll tweak our strategy and try something else. Rinse and repeat.


to dive into the context is that Dash is a new foundation to build a society upon. The state laws can essentially not ban you from trying something else - That would be imprisonment and is highly illegal. Let D run its system and future.

I would also target as a highly important aspect of this system, not mentioned in quote; Decentralized Donation.
The giving back and committing to a better world is something that also is key in mass adoption and has the benefits of a multitude of partnerships of minds thinking of a better vision.

I would propose a budget vote for:
   - Setingt up permanent masternodes never to be touched and rewards donated for whatever well intended acts.
Maybe saving a panda or providing free servers for masternode users. Personally the thought of paying even if it is just a little is bothersome. Providing a service for covering server costs would be nice.
Maybe reimburse lost coins, kickstarters, lottories, marketing, scaling and all of the benefit of a more spread and secure network with more reliability.
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
Someone PM'd me and asked why I was suddenly paying attention to the price, this should answer that Q  Wink

Xcoin to Dash v12

The goal during this phase was to find technological improvements to improve the following aspects of digital currency:

- price stability (volatility reduction for the long term)
- adoption
- privacy
- transaction speeds
- economic issues

I would officially say, we have five-ten years of technology that hasn't been released publicly yet and I'm done tweaking. During this period of time, the price didn't matter, the project was pure speculation and we were just working on the technology.

Present and Future

So now that we have some amazing technology and a vision for the future, I think we can move on to the next phase of the project. We are the first true Decentralized Autonomous Corporation and I would extend my argument to say that Bitcoin and every other cryptocurrency project is NOT.

What do I believe a true DAC requires?:

- Decentralized Team
- Decentralized Funding
- Decentralized Governance
- All costs of the network must be provided for in a decentralized way

Think of every centralized company that you know of and how they operate, then flip that all upside down and try to figure out how to make it purely in a decentralized way without having any centralized components. This is what we've just created and it includes an incredibly powerful funding mechanism, staff, and paid infrastructure that will scale.

So then let’s say we have a centralized company that's a startup and they have some sort of funding mechanism. First, they will spend this seed funding in a way that provides growth and a ROI for their investors. Afterward, they can turn that funding into recurring revenue streams that pay for all of the expenses of the company and allow them to grow.

We are officially at the stage of having the first ever seed funding for the first ever DAC, which means we must use this money as any centralized company would, and provide ourselves ROI on our investments. One of the signals we're going to use is the price. We don't expect instant results, but we definitely expect results over 6-12 months from our initial investment. If we don't see those results, then we'll tweak our strategy and try something else. Rinse and repeat.


https://twitter.com/taoofsatoshi/status/644259499616960512

I'll be honest, there has been a lot of information coming from you in the last few days that seems surreal. I'm just now getting my head around the magnitude of what we have created here, and I can't wait to welcome all the new people into the fold that will inevitably be drawn to this.

To say that we are now in uncharted waters would be an understatement. With a superior product, and the means to keep building on our foundation there is no telling what we can accomplish. I've run out of superlatives to describe it so I will just say this:

 Grin Cheesy Grin Cheesy Grin  Wink Cheesy Grin Cheesy Grin Cheesy Grin Cheesy Grin  Grin Cheesy Grin Cheesy Grin Cheesy Grin Cheesy Grin Cheesy Grin Cheesy Grin Cheesy Grin Cheesy

Yeah, that's how I feel.

There will be some announcements at the conference Nov 7th, but no whitepapers. There's literally too much information in them and it would just get lost, so we're going to do this slow and steady, then release them later after everyone has a decent idea of what we're doing.

Always leave 'em wanting more...
legendary
Activity: 1176
Merit: 1036
Dash Developer
For Speculation:

Interesting spike in Masternodes; someone knows something we don't I would wager. Perhaps a partnership or main stream coverage?

Pablo.

Personally, I think it was the price drop.  A lot of people accumulated and set up masternodes.  I'm curious to know how many were newcomers here?  It would be nice to get more new people buying and setting up masternodes.  The more distribution the better!

I would be extremely surprised if there wasn't an announcement regarding something big and other than what we already know within the next two months or so. I guess not knowing is half the fun; man I wish I had another 20k to buy Dash Cheesy.

Pablo.

I sure hope so!  I'm waiting on 2 white papers!  1 is supposed to be 25 pages long, the other 50.  And although I'm sure they'll be dry, they're supposed to be full of amazing new things for Dash, so I'm chomping at the bit to read them!

There will be some announcements at the conference Nov 7th, but no whitepapers. There's literally too much information in them and it would just get lost, so we're going to do this slow and steady, then release them later after everyone has a decent idea of what we're doing.
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
Yep, having our own unique flashy charts per exchange with tons of settings, colours and frilly edges lends a lot of kudos to Dash and exchanges would appreciate being listed, I'd vote for it if the budget was fair.

Great! So far the Yes vote has it, but there are a lot of details to hammer out before an official proposal can be initiated.
sr. member
Activity: 434
Merit: 250
Quantum entangled and jump drive assisted messages
Yep, having our own unique flashy charts per exchange with tons of settings, colours and frilly edges lends a lot of kudos to Dash and exchanges would appreciate being listed, I'd vote for it if the budget was fair.
legendary
Activity: 1176
Merit: 1036
Dash Developer
Someone PM'd me and asked why I was suddenly paying attention to the price, this should answer that Q  Wink

Xcoin to Dash v12

The goal during this phase was to find technological improvements to improve the following aspects of digital currency:

- price stability (volatility reduction for the long term)
- adoption
- privacy
- transaction speeds
- economic issues

I would officially say, we have five-ten years of technology that hasn't been released publicly yet and I'm done tweaking. During this period of time, the price didn't matter, the project was pure speculation and we were just working on the technology.

Present and Future

So now that we have some amazing technology and a vision for the future, I think we can move on to the next phase of the project. We are the first true Decentralized Autonomous Corporation and I would extend my argument to say that Bitcoin and every other cryptocurrency project is NOT.

What do I believe a true DAC requires?:

- Decentralized Team
- Decentralized Funding
- Decentralized Governance
- All costs of the network must be provided for in a decentralized way

Think of every centralized company that you know of and how they operate, then flip that all upside down and try to figure out how to make it purely in a decentralized way without having any centralized components. This is what we've just created and it includes an incredibly powerful funding mechanism, staff, and paid infrastructure that will scale.

So then let’s say we have a centralized company that's a startup and they have some sort of funding mechanism. First, they will spend this seed funding in a way that provides growth and a ROI for their investors. Afterward, they can turn that funding into recurring revenue streams that pay for all of the expenses of the company and allow them to grow.

We are officially at the stage of having the first ever seed funding for the first ever DAC, which means we must use this money as any centralized company would, and provide ourselves ROI on our investments. One of the signals we're going to use is the price. We don't expect instant results, but we definitely expect results over 6-12 months from our initial investment. If we don't see those results, then we'll tweak our strategy and try something else. Rinse and repeat.
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
sr. member
Activity: 434
Merit: 250
Quantum entangled and jump drive assisted messages
legendary
Activity: 1260
Merit: 1001
For Speculation:

Interesting spike in Masternodes; someone knows something we don't I would wager. Perhaps a partnership or main stream coverage?

Pablo.

Personally, I think it was the price drop.  A lot of people accumulated and set up masternodes.  I'm curious to know how many were newcomers here?  It would be nice to get more new people buying and setting up masternodes.  The more distribution the better!

I would be extremely surprised if there wasn't an announcement regarding something big and other than what we already know within the next two months or so. I guess not knowing is half the fun; man I wish I had another 20k to buy Dash Cheesy.

Pablo.

I sure hope so!  I'm waiting on 2 white papers!  1 is supposed to be 25 pages long, the other 50.  And although I'm sure they'll be dry, they're supposed to be full of amazing new things for Dash, so I'm chomping at the bit to read them!

And I'm excited to start testing v13!  
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