You guys, Mrpumperitis has been on my ignore list since forever. He's a troll
I'm a little lost on the whole 'development funding' thing
If I propose a 'development "change"' to DASH for say $12KUSD or 3000DASH and
I can't code but it's simply and IDEA - do I get paid? for the idea that goes NO WHERE?
and
If it did go somewhere - who's gonna code it? Evan and/or DEVs
Do I have to pay them?
WTF??
Simplistically it looks good on paper but I still smell scammers approaching
and
I see very few people 'actively voting' - how is anything gonna get approved??
Simplistically it looks good on paper but - hummmmmm
Let me try to simplify this, in case I can explain it for others as well. I figure the more people explain as they understand, the clearer the picture will be (I hope)
A proposal will normally come from a person or group willing to do the work. In fact, I can't see how it could be otherwise as the proposal also establishes the account payments are sent to.
When making a proposal, you must pay a fee. I don't know the amount of the fee, but it will be enough to discourage spamming of proposals on the blockchain.
Once a proposal is offered, it will have a forum for discussion and hashing out the particulars. You could call it the specifications of the project. What will be done, what the milestones will be, when they will be completed and when the payments will be made. Exactly what will be accomplished and how, everything will be discussed by anyone interested in the community. When the project is hashed out and finalized, it will be voted on. If it earns enough votes to be high enough on the list so that it can be funded, it will be funded. If milestones are not met, funding can be halted and modified. At least that's how I understand this to work.
I still see a lot of holes in the system, but a lot of the foundation for this has been laid down and I suspect the only proposals that will get approved at first will be core development and marketing. Since both of these will be handled by trusted core developers, I think we'll find issues using them and figure out how to plug any holes at that time (for which they will start getting paid
) I personally am not quite convinced it's air tight yet, but a lot of this will need to be developed via an interface. And Even and crew are just getting the part that goes on the blockchain to work. There is a ton of work that will have to make this easy to maintain. That's going to take a lot and until it's done, we won't be as nimble as we need to be (to minimize fraud, etc... the MN owners have to be on top of things, thus, the interface must be timely and easy to follow updates...etc...)
Hi Evan,
i have some question for you:
1)I have read about scalling the Dash network to handle millions of transaction per second,can you give us some more info about that(expected release date)
2)The android and IOS wallet apps in development do they have instantX support?
3)We can read all over the web about the Blockchain technology of Bitcoin and how in will change many many things in the future(even banks/Nasdaq/Samsung are experimenting with blockchain technology),what are the plans of Dash in this field?I can agree with most of the people that blockchain technology is one of the most revolutionary things that crypto holds beside's using it as a currency.
Thanks in advance and keep up the good work!
I know you're not asking me, but if I may try:
1. the need to scale DASH network is years ahead. They have started some basic code that is going to allow transactions to scale in a flexible way, not a set amount of MB per block. This keeps the blocks only as big as they have to be. However, at this time, our blocks work just like any other coins. We have a lot of time before this becomes an issue, so the development team is focusing on other issues. Evan has sketched out a plan for this, though, and I have every confidence that he will solve the issue successfully, just as he plans.
2. I know they're actively working on including IX into the mobile wallets. This is a different team of developers who are being helped by our core team as much as possible. Since our foundation is always in flux, they have at times put it on a shelf until the core foundation is more settled and not so likely to change. I don't know where they stand with IX at this time. I do believe the same thing goes for DarkSend. But really, someone else would have to give you a better update. I don't have a smart phone, so I haven't been following this (sorry)
3. As far as blockchain technology, you must understand that all those companies are talking about making their own blockchain. But the blockchain really isn't anything without a network. You need a solid, strong and well distributed network to constantly check on each other for double spends and other incorrect information being entered in there. That's why it's trustless. You don't have to trust any individual in the network, because the network will check to see which transaction is correct via voting (whichever transaction, if conflicting, has the most votes wins, and all in the network then are obligated to accept it) If a bank implemented blockchain technology, not Bitcoin itself (which would be more likely because of this very problem) then they would run the network themselves and thus, it would be controlled by that one entity, thus being centralized and finally needing to be trusted = no good.
You are right that the blockchain can be used many different ways, and there are coins that are taking this in many directions. On of the most interesting to me is Etherium, where they allow you to create little programs that run on the blockchain. You can earn coins for any time someone uses it, etc... Oh, there are so many ideas.
DASH, though, is creating the very first distributed contracts paid for off the blockchain directly, which in turn allows the coin as a whole, to pay for it's own growth and abilities. So the sky is the limit as to what DASH will be capable of. It could do the things Etherium is planing on doing, it could do other things, or......... it could be the best replacement for cash bar none. That might be enough. Actually, it's so much better than cash already, I suspect nobody would want to ever bother with cash again once DASH is a household name.