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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 405. (Read 9723787 times)

full member
Activity: 420
Merit: 108
Dash core needs to do something quick if it’s going to survive this bear market, there’s no reason why dash is dropping so much more than the rest of the market.
hero member
Activity: 690
Merit: 505
Cryptorials.io
Dash drops to .035 btc??? Wtf is going on everything else is booming

Maybe its the lightning network slowly closing Dash's window of opportunity.

Once LN is more fully deployed, unless Dash has built up a strong base of users (actual users not speculative hodlers) before then, Dash's main selling point of scalability, fast transactions and low fees becomes largely irrelevant imho. It still could do well by being more user friendly and adding other extra Ethereum like features in a user-friendly way, but it will get harder to break through and that is going to be reflected in the price.

Lightning Network is still light years away from getting fully tested and implemented in a safe way and on a large scale. LN can not guarantee low transaction fees and has difficulty with the routing of its transactions as its nodes will always need to stay online. In the end it will just lead to massive centralization thanks to how the Lightning Network works and most likely end up only handling large transactions from large institutions through preferenced LN hubs for Bitcoin. Not to mention how LN will most likely create new attack vectors by itself as a lot of value will pass through its centralized LN hubs / nodes.

https://www.investopedia.com/tech/bitcoin-lightning-network-problems/
https://cryptovest.com/news/the-lightning-network-poses-serious-weaknesses/

Genuinely not trying to FUD just trying to share my concerns and form my own opinion on the matter through conversation, but how is that so very different from masternodes? Are they not nodes which always have to stay online, create centralization, and centralized points of attack?

I don't see how LN nodes needing to stay online is a problem, since there is an in-built reward mechanism to compensate people for doing this. Centralization may be an issue for it, although I've also seen the argument that because they may require a money transmitter license and open the person running it to being responsible for what other participants are using it for there may be few large companies willing to go through the hassle and risk, leaving smaller players not worth chasing down by authorities to pick up the slack. And if it does become very centralized, its still just an extra service on top of Bitcoin and you can still use the underlying protocol when you want so maybe that's not a critical problem. Also there can be multiple LN networks so if one is un-friendly to regular people somebody will launch a new one surely? And as for points of attack, at least a node cannot steal the money being routed through it, only delay payments, so perhaps hacking is not quite such a massive issue?
legendary
Activity: 1834
Merit: 1023
sr. member
Activity: 2352
Merit: 349
there is dash news will experience a pretty worrying decline this July
it will give traders the opportunity to buy it
sr. member
Activity: 854
Merit: 262
Round two for dash dump begins! Blood gushing
legendary
Activity: 2101
Merit: 1061
This coin is a disaster Hodlers rekt

Ah you're still here. I thought we'd shaken you out by now.

This is the time to buy. Patience will be rewarded.
hero member
Activity: 673
Merit: 531
Proud Lifetime DASH Foundation Member
Dash drops to .035 btc??? Wtf is going on everything else is booming

Maybe its the lightning network slowly closing Dash's window of opportunity.

Once LN is more fully deployed, unless Dash has built up a strong base of users (actual users not speculative hodlers) before then, Dash's main selling point of scalability, fast transactions and low fees becomes largely irrelevant imho. It still could do well by being more user friendly and adding other extra Ethereum like features in a user-friendly way, but it will get harder to break through and that is going to be reflected in the price.

Lightning Network is still light years away from getting fully tested and implemented in a safe way and on a large scale. LN can not guarantee low transaction fees and has difficulty with the routing of its transactions as its nodes will always need to stay online. In the end it will just lead to massive centralization thanks to how the Lightning Network works and most likely end up only handling large transactions from large institutions through preferenced LN hubs for Bitcoin. Not to mention how LN will most likely create new attack vectors by itself as a lot of value will pass through its centralized LN hubs / nodes.

https://www.investopedia.com/tech/bitcoin-lightning-network-problems/
https://cryptovest.com/news/the-lightning-network-poses-serious-weaknesses/

I know... Funny how these "Fluffy Cult" brigade members think we aren't up on what they are trying to do. 
legendary
Activity: 2548
Merit: 1245
Dash drops to .035 btc??? Wtf is going on everything else is booming

Maybe its the lightning network slowly closing Dash's window of opportunity.

Once LN is more fully deployed, unless Dash has built up a strong base of users (actual users not speculative hodlers) before then, Dash's main selling point of scalability, fast transactions and low fees becomes largely irrelevant imho. It still could do well by being more user friendly and adding other extra Ethereum like features in a user-friendly way, but it will get harder to break through and that is going to be reflected in the price.

Lightning Network is still light years away from getting fully tested and implemented in a safe way and on a large scale. LN can not guarantee low transaction fees and has difficulty with the routing of its transactions as its nodes will always need to stay online. In the end it will just lead to massive centralization thanks to how the Lightning Network works and most likely end up only handling large transactions from large institutions through preferenced LN hubs for Bitcoin. Not to mention how LN will most likely create new attack vectors by itself as a lot of value will pass through its centralized LN hubs / nodes.

https://www.investopedia.com/tech/bitcoin-lightning-network-problems/
https://cryptovest.com/news/the-lightning-network-poses-serious-weaknesses/
hero member
Activity: 673
Merit: 531
Proud Lifetime DASH Foundation Member
Fully Rekt!  Please dump the rest of you holdings while you can....
sr. member
Activity: 854
Merit: 262
This coin is a disaster Hodlers rekt
hero member
Activity: 690
Merit: 505
Cryptorials.io
Dash drops to .035 btc??? Wtf is going on everything else is booming

Maybe its the lightning network slowly closing Dash's window of opportunity.

Once LN is more fully deployed, unless Dash has built up a strong base of users (actual users not speculative hodlers) before then, Dash's main selling point of scalability, fast transactions and low fees becomes largely irrelevant imho. It still could do well by being more user friendly and adding other extra Ethereum like features in a user-friendly way, but it will get harder to break through and that is going to be reflected in the price.
full member
Activity: 420
Merit: 108
Dash drops to .035 btc??? Wtf is going on everything else is booming. I am fucking done with dash
sr. member
Activity: 1232
Merit: 260

The Missing Link to Crypto Adoption: Anypay’s Story


The crypto revolution took the world by storm. That is, it did in a speculative way, with investors scrambling to buy with hopes of massive profits. The percentage of the global population using decentralized digital currencies in their everyday lives today is statistically around zero. How did crypto adoption end up being an illusion, and what’s the missing link for real economic use?

legendary
Activity: 2548
Merit: 1245
About Dash I hear less and less. And before they were also known as the etherium

...there is a reason for this, low on hype till everything is in order, and i for one never heard of dash being thought of as Etherium!!!  In fact I've been one of longest dash holders and have never heard us being compared to ETH....thank god.


Ethereum has always been a decentralized platform for using dapps / smart contracts , Dash is slowing turning into a decentralized platform for using instant transactions, privacy on its transactions and in the future data-driven services / smart contracts. In that way it can be compared to each other, but then still Ethereum is far more focussed on the development of smart contracts while Dash is far more focussed on strengthening its role as instant peer to peer transaction provider with low transaction fees.

Ethereum was hit with a severe scalability problem in the past, which it is working on through certain updates but to this date its gas price model is not working efficient or effective and is vulnerable to unexspected attack vectors :

https://www.coindesk.com/ethereums-growing-gas-crisis-and-whats-being-done-to-stop-it/

Dash was never hit with any scalability problem and has onchain scalability in its roadmap by fully deploying and enabling its masternode network and by its use of increasingly larger blocksizes and maintaining low transaction fees. This makes Dash far more suitable as a reliable instant transaction provider.

I think Dash and Ethereum serve a different role in the market, which complicate any direct comparison.



legendary
Activity: 2548
Merit: 1245
That's true that I can mine with linux.
However, what do you want by launching this coin without win/mac wallets and without pool?

Baddd bot
full member
Activity: 420
Merit: 108
Dash hanging off the edge of a cliff lol is anyone coming in to buy??
hero member
Activity: 673
Merit: 531
Proud Lifetime DASH Foundation Member
About Dash I hear less and less. And before they were also known as the etherium

...there is a reason for this, low on hype till everything is in order, and i for one never heard of dash being thought of as Etherium!!!  In fact I've been one of longest dash holders and have never heard us being compared to ETH....thank god.
sr. member
Activity: 756
Merit: 278
About Dash I hear less and less. And before they were also known as the etherium
hero member
Activity: 673
Merit: 531
Proud Lifetime DASH Foundation Member


Aaaahhhj there you are. Was wondering when you'd show up... .

... You and your scum monereo trolls aka "fluffy cult" are in trouble. Let's just say this... You too late to change the tide.  Watch the following video very carefully... The pace is quickening and your concern is well founded...that Dash's development is now reaching critical mass.  And those of us that know.  Wink when all this starts to click in place... Your "fluffy cult" will have been out gunned.  Also... We know that the "fluffy cult" is not only worried about their one trick "pony" (like what I just did there?) ... The "fluffy cult" has a covert plan afoot to try and get their greasy fluffy paws on what we are developing. That is why no one in Dash is discussing anything is detail openly... Your "fluffy cult" are Thieves.

In the mean time... Watch the video closely for hints.  Wink tsk tsk. https://youtu.be/aA3ioANXsfw
member
Activity: 104
Merit: 12
... Heres the real news! Watch and learn from a currency that is on the verge of doing something revolutionary! I expect alot of scum xmr trolls coming here to start coordinated attacks very soon.
DASH is something like germ in the mud!
I say this because its current price is extremely under-valued, based on the fact that DASH has solid, energetic, proficient team; and top-notch services for community. The project has also expanded its community to more countries, more target customer populations globally.
Let's see what happen with DASH during the half rest of 2018 and in the year of 2019.
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