Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 2029. (Read 9723748 times)

FIFY

Why it is so hard to find this topic?

I don't know what the fuss is about.

A green address isn't a protocol or an algorithm. It's an address (Hint: Green Address).

Peter Todd is a nice guy. I like watching his talks as he has good ideas and is a pragmatic thinker as far as I can see. He also apparently likes to crack jokes.

InstantX is Teflon. A present that dropped out of the hat during the pursuit of a primary design objective.

Would that bitcoin had such bountiful technical approaches embedded in its network 

The thread is confusing to me, but according to this wiki: https://en.bitcoin.it/wiki/Green_address I think the comparison is to DASH's instantX technology.  The difference is that with Green_addresses, you must trust a server of some sort for correct information to check for double spends, and with instantX, we have the masternode network, which locks transactions, just like a miner would.  This is done with the untrusted, distributed masternode network and thus has no double spend weakness.  The dual network of miners and masternodes enables DASH to do many new things, and people are just not getting that.

We have almost 3000 masternodes, with a 19 million dollar market cap.  Bitcoin has less than 6000 full nodes (including miners and pools) with a 4 billion dollar market cap.  Think on that.

The above issue is also an issue with light wallets.  Light wallets used on phones, etc... do not carry the entire blockchain and instead rely on a server to send them that information.  If that server is compromised, it could mess up ability to make a payment.  Soon, but not yet implemented, the masternode network will be doing this job for DASH light wallets, and therefore the blockchain will be "served up" via the network, not a trusted centralized source.

DASH's dual network has solved a myriad of issues with Bitcoin.

Really sorry I'm the only one around right now.  Wish Toknormal could explain this stuff, he's really good

Oh, and don't worry, although a lot of people like to speculate on the future value of cryptos, I started off more like you, and in a way, though I have a couple of masternodes, I'm still in it for the excitement of changing the world.  To be this excited about something at my age is pretty impressive IMO, LOL.  This is either the future, or just a new tool for the status quo.  Bitcoin is slowly becoming a tool for the banking industry, but some of us still hold out hope that there will eventually be a currency that no government or banking institution can manipulate.  Bringing the control of the world back to the people. OK, crazy libertarian going to bed now

Cool, it's fun to play with the monopoly money.  If you're anything like me, you're afraid to touch your wallet for fear of it being stolen, LOL.  But on testnet I can pretend I have thousands of coins and spend 'em and mix 'em and have fun.....

Then, when you have to deal with your real coins, you gain a lot of confidence and less anxiety.  Makes you an expert in no time

Here's some background for anyone not "just dismissing it" ... (indicates Tante) ...


Here's who peter todd is..

http://cointelegraph.com/news/113184/peter-todd-and-the-expansion-of-bitcoin

And here's what he thinks of dash...

https://www.reddit.com/r/Bitcoin/comments/3ddkhy/bitcoindev_significant_losses_by_doublespending/ct4d94d


Here's what GreenAddresses are:

https://en.bitcoin.it/wiki/Green_address

Here's what a cargo cult is...

https://en.m.wikipedia.org/wiki/Cargo_cult_science

https://www.youtube.com/watch?v=c6dTtPyl-no&feature=youtu.be&t=92

I've got too many bees in my bonnet.  Ugh, LOL.

I want to explain, Jocuserious, but I can't help sounding like a true believer.  'cause I am of course.  Just because DASH is indeed the best digital currency ever made bar none, does NOT mean it will be the winner in the end.  We've seen this over and over again in technology.

But Evan has wisely chosen a path to be the best currency, period, not service provider, auction house, or exchange.  The thought that we could easily provide such services, especially well with our masternode infrastructure was really tempting.  I was almost heartbroken when Evan said we were going to concentrate on being the best currency, but that proved to be a genius move.  These other infrastructures can still be built, if the community wants them, as side projects via proposals voted on and paid for via the block chain.  But getting to this point required a huge team effort and dedication and single mindedness.

I've got to tell you that if you follow the testing thread, it's exciting every day.  Sometimes you can even come up with the solution they're looking for, and you feel like a million bucks!  More minds the merrier!  It's just amazing sh*t.  

https://dashtalk.org/threads/v12-testing-thread.5484/page-72
Come join us, play with the wallet, see how it works!  There is a faucet to get you started if you're too shy to ask (just look up one level from this forum thread and go to the testnet tools thread)  Have fun!

You can run a testnet masternode, and not fear losing your coins!

TanteStefana ohhh, how much I love reading your posts you`re ours best cheerleader

Where was the quote?  I only *think* I remember it.  Anyway, the anonymity in DASH is very strong, not 100%, but strong.  Mostly it's private.  No one can trace back funds you send to the rest of your wallet, see what your balance is, or anything.  Only the merchant, and whomever the merchant gives the information to, will know you paid that merchant funds from an account number, but where those funds came from originally can not be known for certain.  Not until all 3 sets of coins (all in the same denominations) are spent and can be verified whom they belong to.

But with each round of mixing you do, it becomes harder and harder to follow the coins, even if they are spent.  There is a chart somewhere, but basically, it's impossible to follow coins that have 8 rounds of mixing.

The neat thing about this system, aside from being pretty close to 100% anonymous, is that you can still see these coins, and where they came from and account for each one via the block chain.  Nothing is hidden on the block chain except the likelyhood of who owns which exact coin (like dollars, they have a pedigree, or "serial number" via their TXID, but are completely interchangeable and untraceable.)  This is in contrast to many of the coins out there which obfuscate the block chain in order to achieve anonymity.

Anyone that takes the time to look at DASH, ask questions and sees what this team has done, would never say it wasn't worth their time, except for the paid trolls who spew lies and misinformation on this thread constantly.  And those who are so blinded with loyalty to Bitcoin, that they will not entertain the idea another coin could be doing everything better and more in the spirit of Satoshi Nakamoto.

I'm extremely loyal to DASH, just so you know, but I also know of and have taken the time to learn how other coins work.  And although I get their names mixed up, I haven't seen any other solution that is as eloquent as DASH and yet is still compatible with Bitcoin, and can integrate with the same infrastructure already built for Bitcoin.

So as I understand it, Mr. Todd isn't interested in anything except being blindly loyal to Bitcoin, and if we were all like that, this technology would die.  Fortunately, greater minds, such as Kristov Atlas and Andreas Antonopoulos and many others I've heard talk, understand the importance of alt coins and innovation.  Me?  I'm watching a couple as well that I find interesting and am rooting for.  But none of them compete with DASH because nothing works like DASH except clones, and why bother with a clone?  It's our development team that really makes DASH.  And with our new ability to pay developers and marketing campaigns and anything else the community wants to have built, directly from the blockchain, well........... nothing can stop DASH now unless our technology is truly not wanted, which I can't imagine.  It's the perfect digital currency with the most perfect decentralized infrastructure I can imagine.  If better ideas come along, I'm sure our team will be able to implement them faster than any other team out there.

Ok, I'll stop ranting.  As you can tell, I'm passionate about DASH.  It gives me hope for the future of the world, as melodramatic as that sounds ;P

PS, If he is the guy that said it's just faulty coin join, first proposed by G. Maxwell, well it's not.  It is different in that all the funds are in the same denominations, like mixing only $5 bills, then $10 bills, etc, then handing them back out.  Plus, there are always 3 participants, and finally, all this is done as many times as you like, the more participants and rounds of mixing the better, and it's all done prior to need.  That is, by the time you want to spend your coins, they should already be mixed.

This goes even deeper.  The masternode system, how it works to ensure it is well distributed, and protected against spying or any individual or group of nodes knowing enough information to figure out what's what, etc... the infrastructure has matured so much that these kinds of attacks are simply not possible. 

My entire dash folder is just over 1 gb, and it's 1 year 7 1/2 months old.  Doesn't seem too bad.  1.29gb including testnet.

Hummm, who are you?  And why weren't you on my ignore list yet?  Fixed

Are you surprised?!?  LOL   

Now Dash Logo on Front page + Online Shop

http://jonathanlevinegallery.com

Here they all come crawling out of the woodwork.

(I think I must have not said "bloat database" enough times    )

Fund your Vaultoro trading account with alt coins / Dash
http://blog.vaultoro.com/2015/06/03/fund-your-vaultoro-trading-account-with-altcoins/

Vaultoro.com is the best place to trade bitcoin and physically assiged gold. But up until now there has been no place for people holding altcoins to do the same.

From today anyone can use their Dash, litecoin, dogecoin and many other top altcoins to fund there vaultoro.com trading account.

The process is made super simple by the magic of Shapeshift.io. We have incorporated their amazing technology directly into Vaultoro.com so you never have to leave the deposit page, making it super seamless and easy.

http://www.vaultoro.com

What a devout shill you have become! I;m guessing you are talking about monero because it seems to be what you feel most threatened by.

  (a) current xmr block chain is just barely above 4 gb and the currency is over 1 year old. 64 gb micro sd cards cost about $25 USD, and it's probably safe to assume they'll get cheaper and bigger, right?

  (b) there are 5 gui wallets for xmr to choose from.

Quick, tungfa! Post an anime picture with the dash logo!

I just had an unexpected moment of relief that Dash wasn't:

  (a) trying to flog a bloat database and calling it a feature

  (b) trying to flog a drawing and calling it a wallet

I don't think people that are facing such pressing challenges have time to spare for doodling in the Dash thread.

Ok, Masternode count is climbing.

What does that accomplish, besides taking Dash out of circulation?

Of what utility are more Masternodes?

Do they do anything except earn generate more Dash?

Seems like a solution in search of a problem, at best.

At worst...

Not all moons are nearby,some are far far way,
Mordor has been spotted on the volcanic ice mountains of the underworld

http://www.rt.com/news/310054-nasa-charon-mordor-dark/

You're welcome  ...20806