Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1914. (Read 9723748 times)

Chinese markets down 8%. Crypto a safe haven?

I am in long position on EUR / USD
Gambling, but is going in my favor so far !!!

I worry if some countries supervise masternode and blocking some IP, when ordinary people want to want to try get in then they will think twice when they first step did not succeed

It is currently "on-sale"! Cruise on over to https://shapeshift.io/# and convert some of those Bitcoins/Litecoins/Dogecoins/*Coins into DASH.

Thanks !

But what's the "dash-cli" stuff all about ?  I usually execute masternode start-many from the QT client on the Mac. Do I still need those extra lines in the masternode launch procedure on Linux ?

EDIT 1: Sorry - just noticed your "if that's your thing" remark. Thanks again for the tips  

EDIT 2: Ah ! So you can't do "dashd getinfo" anymore on the client or you get this error:

dashd getinfo
Error: There is no RPC client functionality in dashd getinfo anymore. Use the dash-cli utility instead.


Now your post makes sense ! (Nice that the error reports tell you what to do b.t.w.).

If you are moving from v11 to v12, don't forget to reindex.

dashd --reindex

You should also install the dash-cli.

ok. Time to upgrade. Unfortunately I have spent too much time on monetary topics on these forums and none on technical ones but I kind of noticed some posts flying past about v12 stuff which made me think that this upgrade might have banana skins.

Is there anything different from what I usually do ?

[1] - DOWNLOAD:

wget  https://www.dashpay.io/binaries/dash-0.12.0.47-linux64.tar.gz

[2] - EXPAND:

tar xfvz dash-0.12.0.47-linux64.tar.gz

[3] - GRAVITATE

cd dash-0.12.0.47-linux64/bin/64

[4] - OWN

chmod +x dashd

[5] - MOVE

mv -i dashd /usr/bin/dashd

[6] - LAUNCH

dashd

Is that it ? Do I need to change any of this ?

EDIT 1: Well I already noticed 1 difference. The "Gravitate" phase is now "cd dash-0.12.0/bin" since each client now has its own unique package so we don't need the /64 anymore. Is that it ?

Stock market rant.

 I love the smell of a Tao ratio analysis in the morning of a grand launch ... (if I read between the lines correct)  

Thats nothing compared to the new and revised blockchain efficiency calculations that will be published shortly

 Oh man, that is just so cruel of you ...   

 

First exchange to incorporate instantX coming online soon 

+1
You know exactly what I mean

Thanks for your answers, If the government feels threatened by blocking all IP nodes use Masternodes and were limited in their own country is quite useless in that country (I know the way circumvent but we talking about ordinary people).

 
 Hands up.

  Who hates 22+ minute blocks when you really need a quick one? lol...

He wasn't asking about being attacked.  Just about the nosy governments of the world stepping in since they can currently find MNs very very easily.

I am on your side regarding the silly pool mining, talk about centralization and being vulnerable.  But that argument really misses the mark since the OP originally asked about the gov shutting down his/everyone's MN at the ISP level and how we can "hide" better.

The US is not the only country in the world

ICO vs Decentralized Budget system

I think the introduction of projects like Ethereum, Blockstream and many crypto start ups with VC funding makes clear that in order to develop a project long term you need funding.  I think an adaptive system like Dash's decentralized budget system, where funding is voted by an assembly of people on an ongoing basis, without the existence of a central budget under the control of a central authority is far superior than the ICO model for a crypto start-up.

From experience, investing too much too soon is a very common mistake when building a new project/company. At the beginning you know less about your own business and it takes time to build a vision that you are ready to follow for several years.  That means you normally have to try a few different things before you find your way and are at risk of investing too much on those first 3 years of operation and then having funding issues later on.  

On the other hand,  having no funds at all is a far worse situation to be in as it does not allow you to hire the services of companies and individuals a project needs to reach its development goals and to communicate to the public about the solution.  So is clear that either an ICO or Dash's system is far superior than no funds or relying solely on altruism.

The advantage I see in Dash's approach is that getting funds on a as needed basis and through a public approval process prevents unnecessary spending, is more transparent and most importantly it allows the project to invest organically and adapt to a changing market environment.  So as the priorities of the market shift you are able to invest in different directions. For example, the market right now is very interested in scalability solutions, Evan is already working on a very cool model for Dash that will be presented when he is ready.  Other important hidden needs may come up in the future that are not visible right now but with an adaptive funding system we will be ready to approach those when they come up.

I think during the first few years an adaptive decentralized funding system, like Dash's, is superior to getting a large amount of money up-front.  After you reach critical mass and a project has found its niche and is more stable; having a larger centralized budget could be better. But having controls and voted spending at the beginning will give a community driven project like Dash a far greater chance of success. It is not the only factor, you also need true talent and innovation, a hard working community, good timing to market  and good karma, but a sustainable funding model is definitely a very important factor and quite challenging to implement.  So I think after September 5th a whole new paradigm begins for Dash.

 

Short of taking the whole Masternode/mining pool/miners/users shebang dark, you're SOL, and it still wouldn't be attack proof. Start thinking about ways to improve the adaptive response to attack instead.

Faster and simpler MN (re)setutp, deterministic port switching, packet impersonation, an entire already-running failover network... hell there are 3000 DASH servers out there with a whole crapload of bandwidth - start thinking countermeasures.  

I think is important to notice that the same thing applies to any coin full nodes, we follow "masternodes" closer because they get paid and they provide a few additional services. But you could theoretically do the same with Bitcoin or any coin's nodes.  The whole point of decentralization is having many nodes in different locations and jurisdictions to make the network resistant to control.  It is highly unlikely to expect that there wont be any crypto friendly jurisdictions in the future, and even in an extreme case a peer to peer crypto mesh network using RF or something, could be a possibility.