Author

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 2209. (Read 9723926 times)

legendary
Activity: 1456
Merit: 1000
legendary
Activity: 1182
Merit: 1000
-snip-
This is the decentralized vision that I see.  
Each project owner controls his/her own wallet with the funds.  Each project is directly paid similar to masternodes getting payments over time from block rewards, only the project owner receives and controls the funds.  Quick, simple, no 'central fund' at risk, no fund manager/s.  Each project would get paid their specific % of the block rewards they request so there isn't any funds sitting in a queue waiting accumulate before they can be sent out each month.  The funding mechanism would also be the voting mechanism.  51% yes votes gets a project in the queue, and highest yes% gets priority until the 10% cap is reached.  Projects get voted in every 3 months and each project has a set limit for 3 months of block rewards.
unless i'm missing something this seems like a much better/easier way to at least start this new system. the new/latest proposal seems very complicated but is probably the best for a long term plan as it allows more precision but at the cost of (temporary?) centralization.
i guess the main complaint about evans original plan was that a project could be over funded. i see that as a small sacrifice to preserve a more decentralized system. seems like the dev could just return extra funds to a advertising wallet or something like that. if they did not they would be cut off.
it's all pretty complicated so i could be wrong.
legendary
Activity: 1092
Merit: 1000
I just downloaded windows zip file of the .23 wallet from Dashpay.io, or what I thought was Dashpay.io anyway, and when I run the dash-qt.exe in the 64 bit folder I get a message that says "Windows protected your PC." "Windows SmartScreen prevented an unrecognized app from starting. Running this app may put your PC at risk." When I click "more info" it says the publisher is unknown. I'm using windows 8.1 64-bit and have always used the 64-bit version of the wallet with no issues. My unzipped wallet is 28,113 KB, is that the same as some of you guys?

Download a tool which can create MD5 or SHA-256 hashes for files, like http://code.kliu.org/hashcheck/ or something similar.

Create the hash (it's saved in a new file)  and check against the ones provided here: https://www.dashpay.io/downloads/

If they are identical, you're fine.

If not, DON'T RUN/EXECUTE THAT FILE.

Delete it, someone has changed it.

Who did the how to videos? - Another one for you!

Dash - Checksum - PC

https://www.youtube.com/watch?v=C7ZZqnkrj48


Dash - Checksum - Mac

https://www.youtube.com/watch?v=2egLW8UfYm4


Dash - Checksum - Linux

https://www.youtube.com/watch?v=AeLeNdWeCJQ

All credit to Buster and team
legendary
Activity: 1456
Merit: 1000
I just downloaded windows zip file of the .23 wallet from Dashpay.io, or what I thought was Dashpay.io anyway, and when I run the dash-qt.exe in the 64 bit folder I get a message that says "Windows protected your PC." "Windows SmartScreen prevented an unrecognized app from starting. Running this app may put your PC at risk." When I click "more info" it says the publisher is unknown. I'm using windows 8.1 64-bit and have always used the 64-bit version of the wallet with no issues. My unzipped wallet is 28,113 KB, is that the same as some of you guys?

Download a tool which can create MD5 or SHA-256 hashes for files, like http://code.kliu.org/hashcheck/ or something similar.

Create the hash (it's saved in a new file)  and check against the ones provided here: https://www.dashpay.io/downloads/

If they are identical, you're fine.

If not, DON'T RUN/EXECUTE THAT FILE.

Delete it, someone has changed it.

Who did the how to videos? - Another one for you!
sr. member
Activity: 447
Merit: 250
Quote from: Shapeshift.io
PURCHASE ON AMAZON.COM WITH DASH: ShapeShift.io‬ has partnered with Purse.io, a service that matches customers wishing to purchase ‪bitcoin‬ with bitcoin holders wanting to purchase items with retail giant Amazon.com.

You can now make your purchases with Dash: http://bit.ly/1JTnSdP


Have you got a referral code?
legendary
Activity: 1092
Merit: 1000
Quote from: Shapeshift.io
PURCHASE ON AMAZON.COM WITH DASH: ShapeShift.io‬ has partnered with Purse.io, a service that matches customers wishing to purchase ‪bitcoin‬ with bitcoin holders wanting to purchase items with retail giant Amazon.com.

You can now make your purchases with Dash: http://bit.ly/1JTnSdP


 WWWOOOOAHH !!!  Shocked
full member
Activity: 212
Merit: 100
Activity: -42
I just downloaded windows zip file of the .23 wallet from Dashpay.io, or what I thought was Dashpay.io anyway, and when I run the dash-qt.exe in the 64 bit folder I get a message that says "Windows protected your PC." "Windows SmartScreen prevented an unrecognized app from starting. Running this app may put your PC at risk." When I click "more info" it says the publisher is unknown. I'm using windows 8.1 64-bit and have always used the 64-bit version of the wallet with no issues. My unzipped wallet is 28,113 KB, is that the same as some of you guys?

Download a tool which can create MD5 or SHA-256 hashes for files, like http://code.kliu.org/hashcheck/ or something similar.

Create the hash (it's saved in a new file)  and check against the ones provided here: https://www.dashpay.io/downloads/

If they are identical, you're fine.

If not, DON'T RUN/EXECUTE THAT FILE.

Delete it, someone has changed it.
hero member
Activity: 560
Merit: 500
I just downloaded windows zip file of the .23 wallet from Dashpay.io, or what I thought was Dashpay.io anyway, and when I run the dash-qt.exe in the 64 bit folder I get a message that says "Windows protected your PC." "Windows SmartScreen prevented an unrecognized app from starting. Running this app may put your PC at risk." When I click "more info" it says the publisher is unknown. I'm using windows 8.1 64-bit and have always used the 64-bit version of the wallet with no issues. My unzipped wallet is 28,113 KB, is that the same as some of you guys?

Delete and it and make sure you download from the right site..

If you've never had that issue before you shouldn't have it now? Unless something else on your system has changed? But either way rather safe than sorry.
sr. member
Activity: 327
Merit: 250
I just downloaded windows zip file of the .23 wallet from Dashpay.io, or what I thought was Dashpay.io anyway, and when I run the dash-qt.exe in the 64 bit folder I get a message that says "Windows protected your PC." "Windows SmartScreen prevented an unrecognized app from starting. Running this app may put your PC at risk." When I click "more info" it says the publisher is unknown. I'm using windows 8.1 64-bit and have always used the 64-bit version of the wallet with no issues. My unzipped wallet is 28,113 KB, is that the same as some of you guys?
legendary
Activity: 1092
Merit: 1000
Quote from: Shapeshift.io
PURCHASE ON AMAZON.COM WITH DASH: ShapeShift.io‬ has partnered with Purse.io, a service that matches customers wishing to purchase ‪bitcoin‬ with bitcoin holders wanting to purchase items with retail giant Amazon.com.

You can now make your purchases with Dash: http://bit.ly/1JTnSdP

legendary
Activity: 1260
Merit: 1001

The wrangling went on here: https://dashtalk.org/threads/self-sustainable-decentralized-governance-by-blockchain.4708/   -   but it looks like we're getting the pork barrel.
[/quote]

I'm sure it'll be years before there is pork, and when there is, it can be given back, or the rewards could all be returned to the masternodes, building that part of the network up.
legendary
Activity: 1260
Merit: 1001
.........
Before voting myself I'd like to see more discussion about this. Pros and cons vs current proposition.

The original proposal to introduce allocations from the block rewards were to fund development work, and other projects. It was a much higher amount than the current proposals.

However, the funding is not just short-term. Its for the life of the protocol.

If any of the devs drop out, for whatever reason, the project can afford to keep funding development or maintenance.

The voting is controlled by the MNs through democracy. They will use the wisdom of the crowd based on their own selfish goals of making the network worth more.

If development work or any other work not related to coding stops, the network is in danger of death by apathy. Maintaining development keeps momentum to towards mainstream adoption.

Dash has to keep up a fast pace to catch-up with Bitcoins lead. If development slows down because people need to find other work to pay bills, bitcoin will keep extending its lead.

Full time development on multiple fronts, paid for by the protocol, enables the project to keep reducing the gap Bitcoin has built-up.

Handing over voting controls to MNs also removes central control.

At 10%, I think that is on the low side for what the project aims to achieve - chasing after a $3bn giant, from $14m base.

Good points.

For this to be effective it is crucial that the community always insist in the perfectioning of this Decentralized Governance System, especially regarding funding, so that it won't ever turn into a DASH's foible.

The last 5% is coming later this year and in the beginning of next year.  If we find we need more funds, that can be changed.  However, I think we  have plenty of time to evaluate that.
legendary
Activity: 966
Merit: 1000
Great, great and great!!!

I have some vote and I'll vote tonight, ready to begin with the decentralized governance.

 Cheesy
Carefully read this proposal.  It utilizes a commingled project wallet/blockchain store/escrow.  I don't see this as a true decentralized system.  Other alternatives may work better with less risk.
Yes, on my first post I din't had read all the proposal and the remarks yet...
So patience we'll see what they will  answer to the doubt on dashtalk.
Actually, I see no reason why funding the development of the project needs to be purely decentralized.  We have very decentralized voting (albeit only Masternode owners), why do we have to have a "decentralized wallet" to deposit coins into.  It makes no sense.  It isn't functional any other way, and it is still secured by the same decentralized network that secures everyone's wallet. 
This proposal will force funds into an escrow account exposed to theft/confiscation/loss/tax. The risk is higher with the more account holders, along with additional delays with more signers to get the funds out. Any account holder can be accused of something "illegal" in the eyes of a government entity and it will be traced back to this account.  I believe there are also additional tax consequences with block rewards going into a fund and then separated to project owners.  Plus a lot will need to be implement to even make this work - multisig masternode controls, budget software, budget voting, masternode approval for funds each month.

This proposal also has no mechanism to not fund this account(or return funds), so over time when the best projects are completed and the funds will be spent on poor projects or wasted.  A much bigger deal in a few years when DASH is 10x or 100x it's value and 10% of the block rewards is not the $290k/year like it is today.(although the other post of Evan's suggested a way to return funds, it isn't in this proposal)

This is the decentralized vision that I see.  
Each project owner controls his/her own wallet with the funds.  Each project is directly paid similar to masternodes getting payments over time from block rewards, only the project owner receives and controls the funds.  Quick, simple, no 'central fund' at risk, no fund manager/s.  Each project would get paid their specific % of the block rewards they request so there isn't any funds sitting in a queue waiting accumulate before they can be sent out each month.  The funding mechanism would also be the voting mechanism.  51% yes votes gets a project in the queue, and highest yes% gets priority until the 10% cap is reached.  Projects get voted in every 3 months and each project has a set limit for 3 months of block rewards.

Before voting myself I'd like to see more discussion about this. Pros and cons vs current proposition.

The wrangling went on here: https://dashtalk.org/threads/self-sustainable-decentralized-governance-by-blockchain.4708/   -   but it looks like we're getting the pork barrel.
newbie
Activity: 7
Merit: 0
.........
Before voting myself I'd like to see more discussion about this. Pros and cons vs current proposition.

The original proposal to introduce allocations from the block rewards were to fund development work, and other projects. It was a much higher amount than the current proposals.

However, the funding is not just short-term. Its for the life of the protocol.

If any of the devs drop out, for whatever reason, the project can afford to keep funding development or maintenance.

The voting is controlled by the MNs through democracy. They will use the wisdom of the crowd based on their own selfish goals of making the network worth more.

If development work or any other work not related to coding stops, the network is in danger of death by apathy. Maintaining development keeps momentum to towards mainstream adoption.

Dash has to keep up a fast pace to catch-up with Bitcoins lead. If development slows down because people need to find other work to pay bills, bitcoin will keep extending its lead.

Full time development on multiple fronts, paid for by the protocol, enables the project to keep reducing the gap Bitcoin has built-up.

Handing over voting controls to MNs also removes central control.

At 10%, I think that is on the low side for what the project aims to achieve - chasing after a $3bn giant, from $14m base.

Good points.

For this to be effective it is crucial that the community always insist in the perfectioning of this Decentralized Governance System, especially regarding funding, so that it won't ever turn into a DASH's foible.
legendary
Activity: 1260
Merit: 1001
While masternode list votes shows all the nodes, these are not working:

dashd masternode list votes | grep -c YEA
dashd masternode list votes | grep -c NAY
dashd masternode list votes | grep -c ABSTAIN

What am I doing wrong?


They don't work for me either, and I updated, so..........?  I thought this chart: http://178.254.18.153/~pub/Dash/masternode_payments_stats.html would show the vote, but it doesn't.  Maybe that could be included?

Look again....yes, down there.

Just for you, my dear. Because you're the coolest Tante around here  Smiley



Er... um.... oops!  LOL  Tongue  Yah, I'm a bit dingy, sorry!  LOL

Oh no, you just put them there!  LOL, thank you.  I thought I missed the obvious again, LOL
full member
Activity: 212
Merit: 100
Activity: -42
While masternode list votes shows all the nodes, these are not working:

dashd masternode list votes | grep -c YEA
dashd masternode list votes | grep -c NAY
dashd masternode list votes | grep -c ABSTAIN

What am I doing wrong?


They don't work for me either, and I updated, so..........?  I thought this chart: http://178.254.18.153/~pub/Dash/masternode_payments_stats.html would show the vote, but it doesn't.  Maybe that could be included?

Look again....yes, down there.

Just for you, my dear. Because you're the coolest Tante around here  Smiley

legendary
Activity: 1456
Merit: 1000
.........
Before voting myself I'd like to see more discussion about this. Pros and cons vs current proposition.

The original proposal to introduce allocations from the block rewards were to fund development work, and other projects. It was a much higher amount than the current proposals.

However, the funding is not just short-term. Its for the life of the protocol.

If any of the devs drop out, for whatever reason, the project can afford to keep funding development or maintenance.

The voting is controlled by the MNs through democracy. They will use the wisdom of the crowd based on their own selfish goals of making the network worth more.

If development work or any other work not related to coding stops, the network is in danger of death by apathy. Maintaining development keeps momentum to towards mainstream adoption.

Dash has to keep up a fast pace to catch-up with Bitcoins lead. If development slows down because people need to find other work to pay bills, bitcoin will keep extending its lead.

Full time development on multiple fronts, paid for by the protocol, enables the project to keep reducing the gap Bitcoin has built-up.

Handing over voting controls to MNs also removes central control.

At 10%, I think that is on the low side for what the project aims to achieve - chasing after a $3bn giant, from $14m base.
legendary
Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
How to switch off the automatic backups of the wallets in v11.2.23?

Couldn't you just set createwalletbackups to 0?
Yes thnx, works Wink

createwalletbackups=0

Or nothing new in the options? (I don't know I just upgrade daemon and not QT to 23)
Nope, in options there is no field to tick/untick
legendary
Activity: 1288
Merit: 1000
How to switch off the automatic backups of the wallets in v11.2.23?

Couldn't you just set createwalletbackups to 0?
Or nothing new in the options? (I don't know I just upgrade daemon and not QT to 23)
legendary
Activity: 1092
Merit: 1000
Please note, this was an update for limecoinx. This is not a new coin. I myself am also dash node operator. I'm on your side!

Regards


Glad to have you on board, consider contributing to the code since you have the ability to do that, the dev team is always in need of help.

Yeah dude! Please commit the QT paper wallet generator, that would be awesome!
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