[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 21.

toknormal

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Quote from: JollyGood on December 15, 2021, 01:45:00 PM

The previous meeting with the Dash Core Group with consensus handed financial wealth and influence in abundance to masternode operators, maybe it is time for the core group to re-evaluate that stance because the present formula is not the most conducive.

Dash "coregroup" does not control Dash. The masternode operators do. Maybe they don't realise that. Dash coregroup does whatever the masternodes command (including sending our marketcap to oblivion if that is the masternode's instruction).

Despite all the sophisticated, nuanced, diverse and creative propositions that were put in their lap, masternodes adopted the one that did the most destruction to the coin - "put more of the marketcapitalisation into the pockets of masternode owners". It is a gross failure of the governance system - one that turned potential leaders into leaches.

The only way this can be turned around is to rescue the genuine value proposition that Dash had in the first place. Masternode peeps need to understand that mining is a "capital absorption" process. It is the means by which capital is absorbed into the the blockchain. If you deny this and instead claim a right to "income" based on a capital holding that is doing no work (while miners do), we're done.

We are a mined coin. Don't try to be Ethereum, Tezos, Fiat, Visa or any other target. Be Dash. The only coin that can absorb capital at at the rate of bitcoin but at the same time deliver services.

It has to work for outsiders.

JollyGood

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What that model does in a roundabout manner is to allow too much power in the hands of the masternode operators which will always remain a minority in numbers versus non-masternode owning miners.

The previous meeting with the Dash Core Group with consensus handed financial wealth and influence in abundance to masternode operators, maybe it is time for the core group to re-evaluate that stance because the present formula is not the most conducive.

Quote from: toknormal on December 14, 2021, 05:28:08 PM

Quote from: JollyGood on December 14, 2021, 03:02:56 PM

The jury is still out on masternodes but it is swinging heavily towards something that just is not really required therefore why have them?

They are required for 1 thing over everything else: To facilitate a high mining quota while supporting services (by decoupling the service layer from the mining layer on-chain). The high mining quota is needed to store value, just as bitcoin does, using the capital transfer business model of POW.

The question then presents itself: "Why then torpedo your ability to absorb capital, having successfully liberated it from the service-layer priorities ?". Why not play the card you created for yourself ?

There are plenty of competitors that can do what Dash does if ALL we are going to do is be a functional service layer. There are NO competitors that can do both. So that's where the facepalm-factor lies in what we've done.

toknormal

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Quote from: xkcdd on December 15, 2021, 12:53:18 AM

Typically Dash performs poorly. ~~leading into December~~

FIFY.

xkcdd

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Typically Dash performs poorly leading into December and then in the last week of December starts a big run in the first weeks of the new year. I am seeing strong masternode accumulation at this present time and I am buying Dash at these levels and will buy more if the price drops a again. I will sell in the new year for a massive profit, no need to FUD and talk smack of the coin now, check your chart, trade or not, up to you.

toknormal

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Quote from: JollyGood on December 14, 2021, 03:02:56 PM

The jury is still out on masternodes but it is swinging heavily towards something that just is not really required therefore why have them?

They are required for 1 thing over everything else: To facilitate a high mining quota while supporting services (by decoupling the service layer from the mining layer on-chain). The high mining quota is needed to store value, just as bitcoin does, using the capital transfer business model of POW.

The question then presents itself: "Why then torpedo your ability to absorb capital, having successfully liberated it from the service-layer priorities ?". Why not play the card you created for yourself ?

There are plenty of competitors that can do what Dash does if ALL we are going to do is be a functional service layer. There are NO competitors that can do both. So that's where the facepalm-factor lies in what we've done.

Pang.

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It seems clear that this bear market that has appeared these weeks has left us shaking.

If we add the sales of speculators, the sales of the budget, and the sales of mining, in addition to sales of master nodes, we will understand why Dash is falling more than the rest.

This is simple, supply and demand.

Is Dash a good currency and does it do what it promises?

Yes

Is this enough to hold the price up ?

No.

Sometimes I think that if all the money wasted on Dash funded projects had been put into Dash coins to burn, Dash would be on pair with BCH at the very least right now.

On the other hand, if we constantly exchange Dash for USD, what do we intend?

That, for example, the DCG does not exchange its Dash for USD, and dedicates itself to living directly using Dash.

That doesn't work, right? ... better Ryan and his friends change it to dollars fast, and Dash better to use it in Africa and Venezuela.

If the MN do not see that they are financing garbage, I am sorry for this project, but I repeat that, some times it is better to burn coins than to exchange them for dollars.

All the best

JollyGood

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The jury is still out on masternodes but it is swinging heavily towards something that just is not really required therefore why have them?

I cannot state for sure exactly what happened before DASH was reincarnated in the current form with regards to the pre-mining and exactly how much of those coins were/are used for masternodes but there seems to be somewhat of a demand and use for Dash in some African and South American countries where the community has spread the word and helped it grow.

Full credit to all those that have been participating in helping Dash grow at the wider street-level but does the Dash Core Group deserve credit for that? They seem to have distanced themselves from the average coin holder or miner and instead focused more heavily on masternode operators, I think that mindset has let down a lot of investors and made them feel disillusioned.

Quote from: podpod on December 14, 2021, 12:55:59 AM

It just seems that Masternodes are not the flavor of the day anymore.
Dash has good stuff but its not worth current price and certainly never ATH again.
The team made their cash and early investors made good returns but now masternode holders will close their masternodes and sell

toknormal

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Quote from: podpod on December 14, 2021, 12:55:59 AM

The team made their cash and early investors made good returns but now masternode holders will close their masternodes and sell

To some people, power is more valuable than wealth. Certain hard-core, mass holders will not want to let go of their right to make wrong decisions on behalf of the community.

That would normally be ok because the competitive value of their collateral just depletes accordingly, so free market in play. The problem here is that it pulls the value of everybody else's investment down as well.

That was maybe an area where the decentralised governance needed a bit more evolution.

(Ah, now there's a word Wink

)

podpod

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It just seems that Masternodes are not the flavor of the day anymore.
Dash has good stuff but its not worth current price and certainly never ATH again.
The team made their cash and early investors made good returns but now masternode holders will close their masternodes and sell

oldcoinguru

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As if this wasn't always going to be the outcome of this crap coin. Sure glad I dumped my masternodes back in early 2018.

broadhurst

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Quote from: arielbit on December 13, 2021, 01:23:21 AM

7000 pages of dead shitcoin LOL Grin

Agreed, Pre-mined to enrich its creators and then lots of technobabble masternode nonsense to seduce naive investors to part with their hard earned cash

arielbit

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7000 pages of dead shitcoin LOL Grin

Pang.

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Quote from: broadhurst on December 12, 2021, 04:05:44 AM

Quote from: toknormal on December 11, 2021, 10:29:34 PM

So what is happening then ?

What is Dash doing about its ranking collapse ?

Where is the community debate that Dash's governance model should have heralded ?

Where is this discussion ? That is the question. Where are the promoters now ? How do they suggest that Dash recapture its market competitively ?

There is only 1 way:

• maximise mining
• maximise servises

Do you hear that all you folks that pretend to be promoting Dash ? There is no other crypto that can offer this in combination. Meanwhile, here's what you are doing at the moment and why we are experiencing ranking collapse:

• minimise mining
• maximise servises

Why would you want to do that ?

Any de-fi token can do it. No capital transfer is made into the blockchain. This is what Dash has to its advantage. Bitcoin can't do it, Monero can't do it, Litecoin can't do it. So why can't we do it ? Because masternodes are so short sighted ? C'mon folks. This can't be true. There has to be open debate on the merits of reasoned argument. Otherwise we will die when we have tool of immense strength.

• maximise mining
• maximise servises

I remember when a pretty woman was the public face of Dash, she was some type of marketing strategy, since she disappeared Dash has slipped down the rankings and is on the way out of the top 100, what on earth has happened to Dash,, maybe time to bring the woman back.

That woman has done more active marketing for little financial interest than DCG and other multi-thousand dollar projects that have been for nothing (max kaiser, the cannabis company, stunt planes, commercial planes, venezuela ...) all rubbish.

I said it recently. Crypto.com has spent good money on advertising and it has been worth it, because it has more than recovered it and now people are talking about this project.

Dash has financed small mountains of garbage that have been of absolutely no use at all.

Better to spend a million dollars on good publicity with famous people or in mass commercial spaces than little bird shit that nobody sees.

broadhurst

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Quote from: toknormal on December 11, 2021, 10:29:34 PM

So what is happening then ?

What is Dash doing about its ranking collapse ?

Where is the community debate that Dash's governance model should have heralded ?

Where is this discussion ? That is the question. Where are the promoters now ? How do they suggest that Dash recapture its market competitively ?

There is only 1 way:

• maximise mining
• maximise servises

Do you hear that all you folks that pretend to be promoting Dash ? There is no other crypto that can offer this in combination. Meanwhile, here's what you are doing at the moment and why we are experiencing ranking collapse:

• minimise mining
• maximise servises

Why would you want to do that ?

Any de-fi token can do it. No capital transfer is made into the blockchain. This is what Dash has to its advantage. Bitcoin can't do it, Monero can't do it, Litecoin can't do it. So why can't we do it ? Because masternodes are so short sighted ? C'mon folks. This can't be true. There has to be open debate on the merits of reasoned argument. Otherwise we will die when we have tool of immense strength.

• maximise mining
• maximise servises

I remember when a pretty woman was the public face of Dash, she was some type of marketing strategy, since she disappeared Dash has slipped down the rankings and is on the way out of the top 100, what on earth has happened to Dash,, maybe time to bring the woman back.

toknormal

legendary

Activity: 3066

Merit: 1188

So what is happening then ?

What is Dash doing about its ranking collapse ?

Where is the community debate that Dash's governance model should have heralded ?

Where is this discussion ? That is the question. Where are the promoters now ? How do they suggest that Dash recapture its market competitively ?

There is only 1 way IMO:

• maximise mining
• maximise services

There is no other crypto that can offer this in combination. Meanwhile, here's what we are doing at the moment and why we are experiencing ranking collapse:

• minimise mining
• maximise servies

Why would anyone want to do that ? Where's the "hashrate dividend". Looks like it's negative to me.

Any de-fi token can do that. No capital transfer is made into the blockchain. This is what Dash has to its advantage. Bitcoin can't do it, Monero can't do it, Litecoin can't do it. So why don't we do it ? Because masternodes are so short sighted ?

• maximise mining
• maximise services

Alexey45

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Quote from: xkcdd on December 08, 2021, 12:47:41 AM

Quote from: Alexey45 on December 07, 2021, 11:42:14 PM

Quote from: xkcdd on December 07, 2021, 09:03:11 PM

You can safely ignore these messages and go ahead and install the wallet just the same.

Clients ask me to install a wallet and buy DASH.
Unfortunately, clients get scared when they see a virus.
Everything is good in Bitcoin and customers are asking to buy BTC.
THINK. This is a problem, solve it !!!

Alexey45, I think you better check your sources, only download from the correct location to avoid malware.
https://imgur.com/a/w0zFXFt

Something has changed and virustotal.com shows everything well.
ESET NOD32 Smart Security Premium 15.0.18.0 - does not allow downloading from the official site!
Writes detected virus and removes instantly!
No one can hear me, deaf?
https://github.com/dashpay/dash/releases/download/v0.17.0.3/dashcore-0.17.0.3-win64-setup.exe
https://github.com/dashpay/dash/releases/download/v0.17.0.3/dashcore-0.17.0.3-win32-setup.exe

https://skr.sh/sBPFFSp1Y4c?a
https://skr.sh/sBPOdjYzJZF?a
https://skr.sh/sBP3a8HkR9a?a

You can download it only after turning off the ESET NOD32 Smart Security antivirus.
Then install Dash Core.
Then turn on the antivirus.
And then delete the installation files.

Solve this problem!!!

gadado2

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Activity: 31

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Quote from: xkcdd on December 08, 2021, 12:47:41 AM

Alexey45, I think you better check your sources, only download from the correct location to avoid malware.
https://imgur.com/a/w0zFXFt

That is interesting.
Virus Total delivers different results if you drop the downloaded file onto it (virus warnings) or if you provide the URL link like you have done (no virus warning).
I had them both reanalysed with same result.

I do not really understand what dashd.exe has to do with TorTool (Kaspersky Not-a-virus:UDS:NetTool.Win32.TorTool) but I am not concerned about that.

What buffles me are 2 other things and I don't expect an answer just want to put it here as an info about what I struggle with:

1. DASH Webpage does not provide a link to the zip file anymore. Makes it troublesome to find the link to the non installer zip. I avoid installers. Still don't understand how anyone trust installers but yeah that's me.

2. The zip file (https://github.com/dashpay/dash/releases/download/v0.17.0.3/dashcore-0.17.0.3-win64.zip) can not be extracted with windows default zip extraction. If you do you end up with one single extracted file only. It can however be extracted with 7-Zip with no problems at all.

xkcdd

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Merit: 24

Quote from: Alexey45 on December 07, 2021, 11:42:14 PM

Quote from: xkcdd on December 07, 2021, 09:03:11 PM

You can safely ignore these messages and go ahead and install the wallet just the same.

Clients ask me to install a wallet and buy DASH.
Unfortunately, clients get scared when they see a virus.
Everything is good in Bitcoin and customers are asking to buy BTC.
THINK. This is a problem, solve it !!!

Alexey45, I think you better check your sources, only download from the correct location to avoid malware.
https://imgur.com/a/w0zFXFt

Alexey45

jr. member

Activity: 204

Merit: 1

Quote from: xkcdd on December 07, 2021, 09:03:11 PM

You can safely ignore these messages and go ahead and install the wallet just the same.

Clients ask me to install a wallet and buy DASH.
Unfortunately, clients get scared when they see a virus.
Everything is good in Bitcoin and customers are asking to buy BTC.
THINK. This is a problem, solve it !!!
https://skr.sh/sBPu90P19ZP?a
https://skr.sh/sBPryuefk0j?a

xkcdd

member

Activity: 214

Merit: 24

Quote from: Alexey45 on December 07, 2021, 07:09:41 PM

I wrote to you half a month ago and you haven't fixed anything.
The installation files contain VIRUSES!

Alexey45, nothing will be fixed, because there is nothing to fix, there is no virus in the files downloaded from https://dash.org/downloads/ the reason some virus scanners report torjan or malware in the packages is because they consider mining software to be a trojan, eg in the case of Monero where a website steals cycles from your machine to mine that garbage. You can safely ignore these messages and go ahead and install the wallet just the same.

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 21. (Read 9723768 times)