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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 261. (Read 9723733 times)

legendary
Activity: 2548
Merit: 1245
If there was any premine of DASH how much was it?

There was never any premine of Dash. Premine means mining before public launch, this was never the case with Dash.
Dash had some bugs in its software, when it first forked from Litecoin code base which caused a production of a large number of blocks
with the maximum allowable coins in each block during the first two days of Dash existance. This was then fixed by the lead developer
and the blocks got created as intended. Those that profited were basicly the miners that were mining Dash in those first two days.
Most of those miners sold Dash at large quantities on the open market

What happened to Dash is called an instamine, and it can in general include a number of issues. Ranging from faulty code (Dash)
to one entity holding million of coins (Satoshi / Bitcoin) to abusing mining software by hamstringing it with regards to speed while
favouring a select few miners on secretly faster running mining software (Monero).

To lean more about Dash instamine and how much it exactly was : https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification

Thank you for the link. It is good to have that information on hand to understand what really happened.

Guess we're rebranding premines to instamines now. Thanks for the update  Cheesy Cheesy Cheesy Cheesy Cheesy

Nope, we are merely explaining to the uninformed the difference between a premine and an instamine.
Which makes this not an update but a correction. That way when trolls try to pressure Dash into a premine corner
again, people will know better.

To all : I am including my original statement about Dash instamine, because I made some edits in that statement
that were overlooked by some that were quoting me. Which makes this post a bit more lengthy, sorry about that.
member
Activity: 670
Merit: 11
If there was any premine of DASH how much was it?

There was never any premine of Dash. Premine means mining before public launch, this was never the case with Dash.
Dash had some bugs in its software, when it first forked from Litecoin which caused a rapid creation of blocks in the first
two days of existance. This was then fixed by lead developer and the blocks got created at intended rate. Those that profited
were basicly the miners that were mining Dash in those first two days. Most of those miners sold Dash at large quantities on the open
market.

What happened to Dash is called an instamine, and it can in general include a number of issues. Ranging from faulty code (Dash)
to one entity holding million of coins (Satoshi / Bitcoin) to abusing mining software by hamstringing it with regards to speed while
favouring a select few miners on secretly faster running mining software (Monero).

To lean more about Dash instamine and how much it exactly was : https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification

Thank you for the link. It is good to have that information on hand to understand what really happened.

Guess we're rebranding premines to instamines now. Thanks for the update  Cheesy Cheesy Cheesy Cheesy Cheesy
member
Activity: 319
Merit: 29
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
I just wanted to ask if he has any evidence to back up his claims because I see lots of accusations but see no evidence presented.

FYI

This is a very old topic, publicly discussed "ad nauseam" in this thread and others:    

https://www.dash.org/forum/threads/official-dash-instamine-issue-clarification.7569

https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification


Thank you for the information and links.

I think DASH has got a big future because of the community. Their Team is really active.
sr. member
Activity: 1232
Merit: 260

Ryan Taylor: DAPI to Solve Key Business Adoption Barrier for Cryptocurrency


The CEO of Dash Core Group (DCG), Ryan Taylor has explained how a ‘soon to be released’ technology on the Dash network will unlock the long awaited adoption benefits for Dash and cryptocurrencies in general.

member
Activity: 319
Merit: 29
DASH Continues Expansion; eToro CEO at Crypto Lunch; Crypto Good for Humanity

https://youtu.be/jr6eSepvfpE

Dash CEO formulates five strategies to drive massive cryptocurrency adoption

https://www.cryptopolitan.com/dash-ceo-formulates-five-strategies-to-drive-massive-cryptocurrency-adoption/
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
This news and this figure only gives me more belief on future of crypto market. When new huge wave of capital comes to crypto market, the market will be exploded, consequently who knows how much one bitcoin will cost? $100,000, $500,000 or $1,000,000, who knows? Furthermore, just in case it will occur, top altcoins, including DASH will be benefited, and who know how much one DASH will cost? $2,000, $5,000, or $10,000?
sr. member
Activity: 1232
Merit: 260

Anthony Pompliano: US Dollar Laundered Over 6.5x Entire Crypto Market Cap Last Year


It was recently pointed out by Anthony Pompliano (@APomplian), Co-founder & Partner at Morgan Creek Digital, that “there was 2 trillion US dollars laundered last year”, which is “more than 6.5X the entire crypto market cap”.

legendary
Activity: 1779
Merit: 1100
I just wanted to ask if he has any evidence to back up his claims because I see lots of accusations but see no evidence presented.

FYI

This is a very old topic, publicly discussed "ad nauseam" in this thread and others:    

https://www.dash.org/forum/threads/official-dash-instamine-issue-clarification.7569

https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification

legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
Pls dont directly and in full quote trolls, it is known as feeding the trolls and can irritate those that have such trolls on ignore.
What you can do is quote such troll and remove the offending troll post text itself in your quotation. The troll in question should know
what it is you are replying to him about. It will become more of a one on one conversation then.

Also be aware that certain trolls (mainly ICEBREAKER) sometimes adjust the Dash ANN topic thread title into a mockery title, when making
trolling posts in here. Directly quoting such a troll post will carry on such mockery title, something to keep in mind.



Sorry I made that post in error and put the [/quote] in the wrong place

I fixed the post now and removed most what he wrote, I just wanted to ask if he has any evidence to back up his claims because I see lots of accusations but see no evidence presented.
legendary
Activity: 2548
Merit: 1245
Pls dont directly and in full quote trolls, it is known as feeding the trolls and can irritate those that have such trolls on ignore.
What you can do is quote such troll and remove the offending troll post text itself in your quotation. The troll in question should know
what it is you are replying to him about. It will become more of a one on one conversation then.

Also be aware that certain trolls (mainly ICEBREAKER) sometimes adjust the Dash ANN topic thread title into a mockery title, when making
trolling posts in here. Directly quoting such a troll post will carry on such mockery title, something to keep in mind.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
If there was any premine of DASH how much was it?
It was that bad that it has to be considered and treated as a "compromised" coin with the mastenode implementation with the instamined coins.
2 million where created within hours another heap was ninjamined and later easymined.

Do you have any evidence to back up your claims? Where are the links?

It would be interesting to see if there is any truth in what you claim but it does seem the community members here have explained what happened in that time of the easrly days of DASH.
hero member
Activity: 673
Merit: 531
Proud Lifetime DASH Foundation Member
If there was any premine of DASH how much was it?

PoS is one of our Dash hating trolls that is missing depth and focus in his Dash trolling.
The Dash community knows him as Proof of Stupidity, which he has proven more then once through his posting.
He likes to present his lies as facts in such a way that his "facts" become obvious lies, fooling no one.

The sad truth is that the more interesting colorfull trolls moved on and now we are stuck with trolls like PoS  Sad

Now i have said this before and i say it again : the only thing trolls like PoS are good for is bumping our ANN thread,
helping Dash keep visible and number 1 in the most viewed and replied ANN thread....

POS=Proof of Stupidity...great line qwizzie.

All these unsubstantiated lies...with NO PROOF of your claims. Straw manning people on here is not helping the cause.
legendary
Activity: 2548
Merit: 1245

Total Dash Masternode Count Hits 5,000 in Sign of Market Demand


Another milestone has been reached by Digital Cash (Dash) cryptocurrency, as the total number of masternodes count of its network clocks 5,000. This figure is reflected in a network report that was generated on Tuesday, July 16 2019.


Nice to see my comment on this dashnews article today getting removed as spam, this forces me to make that comment here instead of in the
comments section of the article and make me think twice before commenting there again..

There is a difference in numbers / statistics between the network report of masternode.me
(5008 total masternodes of which 4903 are enabled) and the masternode count graph of crowning
Link : http://178.254.23.111/~pub/masternode_count.png (4903 active masternodes).

Edit : i originally thought there was also a difference in numbers between masternode.me enabled masternodes and active masternodes on
the masternode count graph, but it turns out i forgot to click on "latest" with the masternode.me network report so i was seeing older data.

I'm not sure its wise to celebrate those 5000 total masternodes at the time of writing that article, when 128 of those were not even enabled.
I rather celebrate 5000 active masternodes on the masternode count graph (which will then also include a new ATH), even if that means
waiting a bit longer before making an article.

I understand those 5000 masternodes form a nice round number, but using two different set of statistics (total versus active /enabled) could confuse readers.  
full member
Activity: 966
Merit: 102
About technology and Dash management model very well when giving different ideas like POS, Masternode, mixing wallet.  The later crypto were all learning Dash in management and technology models.
Dash's community and Dash's investors are great.  I have observed the theme about Dash for a long time.
sr. member
Activity: 1232
Merit: 260

What the Newest Silk Road Arrest Means for Crypto?... 🤔


Another Silk Road arrest happened last week. Several years after the dissolution of the well-known dark web marketplace and hallmark of cryptocurrency’s early years, another vendor has been apprehended.

legendary
Activity: 2548
Merit: 1245
If there was any premine of DASH how much was it?

PoS is one of our Dash hating trolls that is missing depth and focus in his Dash trolling.
The Dash community knows him as Proof of Stupidity, which he has proven more then once through his posting.
He likes to present his lies as facts in such a way that his "facts" become obvious lies, fooling no one.

The sad truth is that the more interesting colorfull trolls moved on and now we are stuck with trolls like PoS  Sad

Now i have said this before and i say it again : the only thing trolls like PoS are good for is bumping our ANN thread,
helping Dash keep visible and number 1 in the most viewed and replied ANN thread....
PoS
full member
Activity: 223
Merit: 101
If you can be anything, be kind and fair
If there was any premine of DASH how much was it?

It was that bad that it has to be considered and treated as a "compromised" coin with the mastenode implementation with the instamined coins.
2 million where created within hours another heap was ninjamined and later easymined.
Since introduction of the Masternodes 5 million have been added of which the miners receive 45% and the Dash entity 55% (45% + 10%)
2750000 coins + 2500000 (insta,ninja,easymined+bulk purchases*) = 5250000 (70%) coins in the hands of Dash entity.
Since security is provided more than 51% not by the miners, taking over Dash entity is also taken control of the coin.

yes evan intentionally launched the coin with a "bug" to get rid of every early miner
yes evan instamint
yes evan misled people....
yes evan withheld information...
yes evan had a gpu miner long before anyone else
yes evan lied, ASIC Resistant,.... the max coin amount is 84,000,000......
yes evan was an active buyer not seller to "redistribution" coins


Lets for a moment forget the instamine, ninjamine and then easymine (facts) the coin emission rate is one of the worst of all coins. If it can survive the next 50 years (a very long time in crypto) it starts to look somewhat ok'sh.

sr. member
Activity: 1232
Merit: 260

This Week in Dash: July 15 - July 20th


This week has been another fantastic week with Dash network developments, integrations and general news. Keep reading to get a summary of the week.

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