Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1874. (Read 9723748 times)

tx evan for all the posts
this really explains it all !
(i would have been in so much trouble otherwise)
 

Something for DASH enthusiasts!

DASH faucets:

www.DASHfaucet   .tk  - fix address
www.DASH4free   .tk  - fix address

Get your first DASH for free

As i am still newbie you have to fix address..

From both faucets you can earn 40% referral reward

Enjoy  

well, if you mix in masternode, your transactions pass mostly through amazon servers, so decide for yourself.
Also, try to mix a few k when you're at it. I suggest a good book while you are waiting (I suggest 11.22.63 by Stephen King, very enjoyable!)

Each month masternode payments will be delayed by the amount of proposals that are paid. So for example this month, it means people will receive payments 3 blocks late. No payments are ever skipped from the budget system.

What?  So you are telling me that every month my payments are going to be held or skipped?

How annoymous is this? for the average user not using Tor browser and what not?

Thank you Evan for your answer ;-)

With the continued dash price collapse the shills are getting increasingly desperate! Let's all go buy a shitcoin with a massive intentional instamine fraud . If the price keeps going down we'll just pray to the benevolent, charitable Otoh!


How to launch a shitcoin scam in just 6 easy steps!


Step 1. Mislead as many people as possible about the launch time. Like so:




"Definitely not."  

We all know he went on to launch it a couple of hours later, despite his confirmation that he'd wait until the next day at the earliest. Bravo Evan, you're a class act. The pinnacle of integrity and professionalism.


Step 2. INSTAMINE! INSTAMINE! INSTAMINE!




Instamine! Once again Evan has set a fine example here with his Linux-only release. This ensures an optimal instamine period without any pesky windows lamers getting in the way of it. TIP: The more successful you are with Step 1, the more it will help your instamine in Step 2.

It's also important to ignore questions about the huge instamine for as long as possible. Deny it ever happened. Viciously attack anyone who posts irrefutable proof of the massive instamine scam. Try to discredit them. Call them trolls and put their names on "troll lists."

Bonus points if you advertise "No premine" in your ANN title like Evan has done here (despite the massive 1.5 million instamine in the first 8 hours of launch).  Did i mention the integrity and professionalism?



Step 3. Lower the total supply and cut the mining rewards drastically once you're done instamining. This is a no-brainer!

-Lower the supply of coins that can ever exist from 80 million to 20 million.
-Cut the mining reward from 500 coins per block to 5 coins per block.

No one will notice. If they do, we'll just call them trolls, try to discredit them and put them on "troll lists" (see Step 2)



Step 4. When your fraudulent instamine gets noticed, start a "Vote" to airdrop an additional 2 million coins to balance out the fraudulent instamine. Stop the vote early when a few of the other instamine scammers complain!



Step 5. When people start rebelling against the scam, no problem. Change your name! Then change it again!



Step 6. Release yet another gimmick that takes coins from miners and put them in your pockets. Call them "Superblocks" because you're lame as fuck and actually think it sounds cool. Make sure to call it "decentralized" even though 1 person owns over 50% of all masternodes! Use this to distract from not delivering on your "masternode blinding" feature you announced previously. Don't mention this failure. Ignore any questions about it and just hope people stop asking.

What is a superblock and how does it work with the budget system?

The budget system has many stages, first a proposal is prepared and submitted to the network. At this point it doesn't qualify to get paid, it will require a full day to mature, then afterward it requires at least 10% of the network to vote yes to make it into what we call the "budget projection". The budget projection is simply all of the proposals that qualify to get paid, sorted in order by YesCount-NoCount (the amount of masternodes that voted Yes on a given proposal, minus the amount of nodes that voted NO), then when the budget system runs out of money for that payment period it will stop adding proposals to the projection.

Later on the network will take the budget projection and finalize it. This is the stage where the rest of the masternode network will compare their projection to the the finalized budget and if they match they will vote "Yes". If more than 10% of the network votes yes on the finalized budget, then when the next super block is reached, the network will create these blocks. Superblocks simply pay one proposal per block until the budget per month is paid, for example the last superblocks began on 332320 and ended on 332322.

./dash-cli mnfinalbudget show

You'll notice the 2nd output of the coinbase is quite large for each and is exactly the amount that is shown in the budget API.

http://explorer.dashpay.io/block/000000000014702a849cddf3145c495086ef5235b8e1a08fbea8e9c17c7d149b
http://explorer.dashpay.io/block/000000000008ad3b2d5419b8206c02b3ec1abf10bd3039de15ce2e5ce0e13680
http://explorer.dashpay.io/block/000000000010ac0d276f4c44274274022b82769386f26926d6890903763721a5

./dash-cli mnbudget show

What's really cool is we will use this to expand the narrative to the general public, create a great website and make some really easy conversation pathways to get people into the ecosystem. When we see some price appreciation, we'll actually have more money to work with, that will allow us to do even more and use better services and reward those that work on the project to a greater extent. We can also use it to pay for legal expenses when they come up and pretty much anything else to protect the ecosystem and make sure the general public is getting the correct information about what we are. We are officially the most decentralized project in crypto and probably even the world? We're planning on solving all of the problems in crypto in ways that are scalable and decentralized and believe we have the solutions for these already, unlike Bitcoin, with centralized Lightning, centralized mixing, centralized instant transactions, soon to be centralized infrastructure (larger blocks will create that),  centralized governance and centralized funding.

If you want more information about the budget system, you should download the client and try messing with the console. Here's all of the commands that are available:



By the way, we have the technology we need now to show the world, the killer app for Bitcoin is Dash. We are Bitcoin 2.0. We can't allow something to take over that is so centralized by design, when there are other far superior ways of doing things. The future needs pure decentralized system. We also now have a very stable foundation to work with, while we implement the next generation of crypto. Buckle your seat belts, we're ready to go  

This is the best i could come up with
Superblocks were created to work on the payment side of the Decentralised Voting Proposals. If a Proposal is vote in and confirmed, Superblock will appear at certain block counts and take care of all payouts automatic as confirmed by the code. This secures the decentralized system of the voting/payment process. For more information, please refer here:
https://dashtalk.org/threads/development-update-june-2-2015.5070/#post-55657

What's the best definition for describe a superblocks ?

3 Monero's on one day!...must be very boring without any updates/innovations/tests or basically anything beside speculations on their side for over a year and a half!

Oh boy. Another one

here is a good DASH chart.

Soon there will be $2? 

0.00999999 OUCH.

While this a good starting point for me to start - yet again - buying back I am not happy with the price movement at all... damn it...

Dash is privacy centric (but not only) as it's never been before!

Decentralized governance and budgeting make this coin more independent and protected on strategic level from "third parties interference" than all "blinding", "ring-signatures" and so on all together! Dash is the only cryptocurrency now that can't be "easily switched off" in "Bitcoin-centralized-development-style".

While you are waiting for Dash official video (it is about ready), you can enjoy unofficial one:

And I believe it will be launched within the next week or so... https://dashtalk.org/threads/darkcoin-animated-video.2777/page-6

g4 the video is completed. Cheers.