Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1992. (Read 9723748 times)

No that is a definition you just made up.

Your opinions about money don't matter....the world won't consult you for your approval on the definition before doing so.

No that is a definition you just made up.

If not, show me an independent source other than toknormal for that definition. Any recognized cryptocurrency expert will do. Heck any expert on anything would do.

Your opinions about money don't matter. Real economists can't even agree about the definition of money. It is very much an empirical question whether any cryptocurrency will ever become widely accepted as such. The world won't consult you for your approval on the definition before doing so.

I realize that there has been a bit of concern from some re the number of MN under one person's control so by happy synchronicity I am copying part of an email that I sent today to one of my the MN management services:

I'm in advanced discussions to sell a bunch of my DASH, this should be good as it gives better distribution of coins, one person is thinking about it over the weekend while making preparations for it and if he decides to go ahead then that would be early next week, even Monday, if so I will need to take down approx 102 masternodes to fund this, he will be putting them back up straight away. I'll announce this beforehand on the BCT forum so as not to surprise people especially when they're watching the total get so near 3,000 MN atm.

I've also just being put into contact with another buyer who apparently is after approx 25,000 DASH so if that goes through it will mean sacrificing another 25 or so minions more.

I'll try to give you as much notice as possible, it does seem that the large one is quite likely to go ahead as he says he's 99% OK with it and just needs to make sure everything is set up correctly and that he hasn't overlooked any details, he's always been a very reliable person to do biz with in the past and has been considering this move for a good while now.

It's certainly encouraging to see such large amounts of new money going into backing the project and I hope that they both do very well.

But you are forgetting about the more important issue: how long does it take for mixing 10000 DASH 5 rounds deep?
I know how long it takes for 10000 XMR with mixin 5: just about the time you need to create a transaction. For such a large transactions it's probably a few seconds.

It looks like Dash supporters / community need to buy you a drink or two for having to endure all that pony.

This tread is most visited tread here.
 Please stop talking about other coins.
 There really is no reason for it except propaganda for their devs ( or whatever they are )
...and let them talk about DASH. Yes!

A public blockchain in conventional monetary audit terms means that every address is visible without recourse to a third party to request a "view key" and every transaction is accounted for by corresponding balance movements at the relavant addresses, all of which are permanently accessible to every user of the system via multiple sources

That's false. The blockchain is public and anyone can (and every node does) use the contents of that public blockchain to audit the cryptography and ensure that the rules are being followed so the integrity of the system is maintained.

what needs to be public is pubic

The things I do for this community

I've also sold 22 BTC worth of DASH in the last week on Cryptsy, not really in my interests to be weakening the price when large buys are in the offing but I wanted to use 'dash' money to get BTC in order to build up a war chest in a fiat currency as I'd been asked to market make if/when DASH is added to a new exchange, this should happen very soon all being well and the locals can look forward to some nice orders on the books when it kicks off, I'll send a thousand or two of DASH as well so that there are plenty of both bid and ask liquidity at attractive prices and maybe some arb opportunities too if I'm feeling generous.

While I understand the desire to clarify the difference between pre-mine and 'fast mine', it's probably not a good idea to draw attention to this issue, as there really were mining issues with the coin in the first days. That was not Dash's finest hour. We have much better ammo to work with to counter such FUD. InstantX is starting to mature, and it's looking like a really big deal.

Many thanks for the thumbs up

In the interests of transparency I have to confess that I may have been inadvertently depressing the price a little recently, good for buyers though, it seems the regular buyer that I have for some of my rewards is just flipping them in order to make the small amount of difference from the rate I offer him and the market price, this is fine as he does all the work and takes the exchange risks ect, but up until now I've only sold to people who were setting up new masternodes, the amount so far is 12 x 460 DASH approx since he started a couple of weeks ago, I kind of feel I owe him a favor as he honored a big deal with me way back when the bank froze his accounts for dealing on local BTC.

I've also sold 22 BTC worth of DASH in the last week on Cryptsy, not really in my interests to be weakening the price when large buys are in the offing but I wanted to use 'dash' money to get BTC in order to build up a war chest in a fiat currency as I'd been asked to market make if/when DASH is added to a new exchange, this should happen very soon all being well and the locals can look forward to some nice orders on the books when it kicks off, I'll send a thousand or two of DASH as well so that there are plenty of both bids and asks at attractive prices.

I've also just being put into contact with another buyer who apparently is after approx 25,000 DASH so if that goes through it will mean sacrificing another 25 or so minions more.....It's certainly encouraging to see such large amounts of new money going into backing the project and I hope that they both do very well.