Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 2594. (Read 9723748 times)

...at amateur level at least  

It turns out that analysis of price cycles is not unlike vibrational analysis in resonant structures. My background was in aeronautical engineering and when I started looking at trading charts I just used that as a crutch Price cycles within price cycles.

The reason that your plane doesn't shake itself to pieces when it hits a bit of turbulence is that the natural vibrational frequencies of the engines and various parts of the structure all work against each other. That characteristic is actually designed into the plane using some incredible boffin-zone mathematics that can let the engineers tune the weights and dimensions of each component so the structure as a whole is perfect vibration "sink".

There's an amazing example available in engineering history of what can happen if they 'get it wrong'. "Galloping Gerty" was a suspension bridge across the Tacoma Narrows which was destroyed in what was more or less a light breeze. Have a look !

https://www.youtube.com/watch?v=j-zczJXSxnw

Bitcoinwisdom is an incredible piece of kit which basically does the aircraft engineer's job in reverse. It takes a single price signal plotted against time and decomposes it into its constituent "harmonics". So that's like taking the bumps you feel in the plane when it hits a cloud and breaking it down into the engine vibration, the fuselage bending, the wings oscillating and so on. Bitcoinwisdom lets you see if one is "dampening" out the other or helping it. It shows you the long, slow price cycles (like the aeroplane wings) and rapidly oscillating ones (like the engine vibration) inside those cycles.

Of course, none of that's any use unless you read the news as well   It just helps you see how the price is developing and occasionally the various cycles act in resonance to produce a "galloping gerty" of the markets. Also, "proper" T/A people that actually know what they're doing use a whole pile more indicators that give you a more professional picture of things, but hey - I'm just having fun, not trading bonds for Goldman Sachs.

With respect to DASH's dual layer architecture, the word "resonance" I used in that context is to do with the massive leverage in functionality you get by having 1 more "mode" in which the network can operate. It's a bit like music. If you have 1 sinewave oscillator, you can only make 1 note and 1 tone. With 2, you can make an infinite number. On an oscilliscope you'd be able to make any shape of wave that looked nothing like either of the 2 source waves. This is why Evan is stumbling across one after the next solution to problems that are proving PITA's for others, because you need the 2 distinct "oscillators" to create dynamics that give you the functional diversity to address such a broad range of issues.

I mean, look at the alternative approaches:

In the "anon" space they need to use an absolute overkill amount of cryptography that then characterises the nature of the entire network just to solve that one simple problem. A bit like pouring a bowl of soup into a barrel of salt to improve the taste and then having to eat the barrel load instead of just sprinkling a few grains into the bowl.

In the "scaleability" space they're talking about similar sledgehammer tactics - huge increases in block sizes and whotnot that has got everyone quaking in their boots.

In the "performance" space, they need to add extra buffering layers or accept one or zero confirmations before the customer walks off.

In all these cases, DASH's dual mode approach has "walked it", arriving at natural, high performance solutions that are the ones any regular software systems designer would arrive it without even thinking about. The beauty of this one though is that it isn't a formal client-server architecture but a single, unified peice of software that works in 2 modes. So the service-oriented aspect of it is logical, not physical and the network is self resonating. The wallet daemon is the same across the whole network (unlike the idea that many critics of this technology like to try to promote) and, in keeping with the decentralised nature of this tech, anyone can launch any node, in any mode, anywhere, anytime and have it make a full, redundant contribution to the network. ("Redundant" in this case meaning the role is duplicated throughout the network).

Don't get me started on all this stuff or I'll be here for the next 100 pages and no-one will get a word in edgeways  

Suffice to say that trading analysis and system analysis might not be so far apart as they look (at least not for amateurs that like to "wing it" like me   )

Dude ... what do you do for living ..you seem to be a trader and an engineer at the same time

should i wait to buy in!