Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 570. (Read 9724017 times)

Buy pressure increases :
 


Dash in USD : $352,50
Dash in EUR : €295,04
Dash in BTC : 0.09600

Unfortunately not yet.  This feature should be a reality, I believe by next summer if all goes well.  My sister is also waiting for this feature as she isn't part of this community and is nervous about leaving her Dash with a trusted MN service.  But hang in there, it's coming and if you can do this, the interest may very well one day pay for your monthly expenses!  Just saying   That's what I hope for my sister, so she can retire early (fingers crossed)

Did you even READ what Toknormal said?  There is no "Hopium" as you can SEE everything done on the blockchain, you simply can't TRACE it.  The Inputs and outputs are clear, Dash mixes by creating exactly the same denominations and entering them in the block chain at the same time, input = output and thus with one round, an output has 3 possible inputs.  Do this once, you have the same amount of "mixing" as Monero has.  But there is a possibility that the Masternode, who only gets chosen 1:4500 times, is spying, so we allow for as many rounds of mixing as you care to do.  After 8 rounds of mixing, even if someone can spy with 80% of the masternodes, the likelihood of seeing where funds are is minuscule.  And that's basically for the paranoid, because Masternodes are well distributed and all over the world.

In Monero, you can not see the blockchain.  Inputs and outputs are obfuscated in a mess.  Which by the way, how do you know there is no key to unravel?  Dash does this with logic, not mathematical trickery.  Who can know if there is a key to unravel a "one way encryption"?  This part I may be ignorant on, but as I can't understand it, I don't trust it.  They already had their system cracked a couple of years ago, with all previous transactions exposed, how do we know that won't happen again?  Dash uses pure logic and statistics.  With that, you can keep a transparent blockchain that can be audited to make sure it is functioning properly, that no extra coins were somehow inserted that weren't part of the rewards produced, etc...  It also allows for functions where a transparent blockchain is desirable, such as charities that want to show how their funds are spent, or the Core team, who do not mix their funds, and clearly show how they are spending funds so we can see if they are trustworthy or not. 

And without the transparent blockchain, without this system of Masternodes, without the budget system, there could be no Evolution.  Evolution will be a completely decentralized yet easy to use system, like logging into your bank account, moving funds to different "accounts" and making payments as easily as Paypal.  ALL DECENTRALIZED!!!  No "3rd party service" which is what web wallets are, BTW, so know your funds are as at risk there as they are in an exchange.

Anyway, I hope this helps, if you still don't see the value, please stop shilling Monero here, you won't get anywhere with it with this audience.

DASH seems to be the only viable alternative to bitcoin segwit and bitcoin cash in terms of actually viability as a currency. Its network effect is 2nd to the OG bitcoin conglomerate, it has a cult-like following of early adopters, and it seems to be somewhat impervious to the "china" meme. Im pretty long on DASH... and now with its native iOS app, it can do some serious penetration in the US in terms of becoming a utilized digital currency. More brick and mortar adoption in the near future i hope.

For me its the best long term bag, better than bitcoin segwit and bitcoin cash, although I hold them too. I don't even count Ripple or Eth as worthy of my attention.

For a true 100% secure and trustless solution, i'm afraid you have to wait on the introduction of masternode shares through Dash Evolution
Link : https://www.dash.org/news/evolutions-marketplace-masternode-shares-dapi-evan-duffield-expounds/

What we do have are the following hosting services : https://dashpay.atlassian.net/wiki/spaces/DOC/pages/1867885/Hosting+Services+Host+Pooling+Monitoring
Two of those provide masternode pooling : Masternode.Me & Splawik`s Super Shares Service  
Both are run by trusted members of the community and both have an excellent reputation , but in itself these are not trustless solutions.
 

Hi guys, I have 300 idle dash. I know this is too little for a masternode but is there any 100% secure and trustless way to use some masternode-management service?

Looks like Dash is the best performing cryptocurrency in the top 8 on coinalyze :

https://coinalyze.net/

I just bought some dash list night, because in think it is a very good long term bag. I am happy about all the features they have implemented. And i am looking forward to all the thing that are coming next. Nice to be a party of the community now

Dash is performing extremely well in the time of uncertainties in other projects and markets. I like the strategy of team to promote Dash how it went recently. I don't own large quantity but whatever are in my possession have long plans for them. Dash is rising and this time is looks different and ready to go mainstream.

is in top 5 indeed 



Next target : Top 4

When other altcoins are going down, but dash is up, amazing performance the team, go to top 5 again?   

Strange I thought your comment was at the top of this page. Ah well I'm sure it was interesting and informative. About the Dash roadmap and Evolution. Don't be worried, Dash will deliver.

Yes there is a lot of potential. I think it has a chance of breaching 0.1

DASH is very good coin, I make a lot of profit with this coin

Yes thanks for correction.

Why would you want to verify other's transactions? That is the entire point, that you shouldn't.

If the protocol and the encoding procedure is bug-free, then it's just as valid transaction even if it's masked. And we know the whole point of hash functions and public key cryptography is that you cant recreate the same data from different source, collision protection.

If that mechanism is sound, then who cares what the transaction is, nobody can steal your money and nobody even knows who and how much money they have. Only those that you do business with will.

That is the whole point. You don't need a public ledge, a rich list, and such. It's very privacy invasive.


Just as with Dash's hopium that the Masternode system won't be broken or abused in some way.

By the way we are dealing with open source software here, so if you are really concerned about bugs then you can do something about it too. Hire a programmer or fix the code yourself, it's open, anybody can help.

Again you seem to confuse this with Zcash. Monero is nowhere are opaque as Zcash and it is transparently setup. There is no need to trust and I highly doubt and kind of "leakage" of secret coins is there, just as it can't happen in BTC or any other coins.

Monero doesn't reduce the security that Bitcoin has through it's protocol (to avoid minting or stealing unauthorized money). It just adds privacy to it, as an extra.




Yes correct about the verification as pointed above.

Not correct about the comparison with Zcash. Zcash is entirely masked, and totally requires a trusted setup to initialize the encryption with some random number I think.

Monero is transparently built, thus the encryption is more solid. I mean the whole point why people don't use XOR is because the random numbers can be tampered with.

So Monero uses good encryption that addresses this exact issue. With Zcash there are just too many things that could go wrong or already did but we dont know yet.



Ok so you think that somebody could mint secretly Monero, but you don't think that somebody else can already deanonimized Dash completely?

Pretty biased logic.

its a dash announcement board... so no... im going to guess that its not

monero disscussion is ok at here?

Well then why do people keep on saying it has one wtf. Are there any other plans for implementing a masternode???