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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 579. (Read 9723814 times)

full member
Activity: 353
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All Chinese Exchanges May Stop Trading, Crypto Crash Continues


All cryptocurrency exchanges in China may soon stop trading, news which has had a heavy negative impact of the cryptocurrency markets.

As reported by Washington Post researcher Luna Lin, Chinese regulators have required that exchanges make plans to shut down by the day’s end:



and then? what should i do ,i hold btc eth dash ltc now , i already lost half of my cash . can you give me some advisment
sr. member
Activity: 1232
Merit: 260
All Chinese Exchanges May Stop Trading, Crypto Crash Continues


All cryptocurrency exchanges in China may soon stop trading, news which has had a heavy negative impact of the cryptocurrency markets.

As reported by Washington Post researcher Luna Lin, Chinese regulators have required that exchanges make plans to shut down by the day’s end:


sr. member
Activity: 714
Merit: 251

You seem not to understand quantum computing. Dwaves 2k qbit is not a full computer its annealing so only good for.certain things. Google and ibm will have 100 qbit ones end of year. These are general purpose versions! Exciting for some.not so exciting for others. Assymetric encryption is vulnerable. Sha384 and above is safe for now but less is not. I know of an attack on bitcoin even with one way hashes of pubkeys to create base58 addresses but i wont scare the community. I will solve the issues though and am doing research on PQ algos that will be safe. A new elliptical curve is generally needed and one way hashing.

Btw 80 qbits can simulate an entire human body down to cell level.

I do understand the dangers of QC, I am just skeptical about the existence of any. It may very well be a scaremongering tactic or a marketing gimmick to sell some computers.

Until I dont see an actual one I will remain skeptical because this is an extraordinary tech and requires extraordinary evidence. Of course by then it will be too late, so I agree, post quantum cryptography is a priority.
legendary
Activity: 3066
Merit: 1188

Somebody who taps all ISP's can easily deanonimize Dash

That isn't "de-anonymising Dash". That's de-anonymising ISP accounts.

I have done my research on it.

Well, one type of "research" at least Wink



See here for more details.
sr. member
Activity: 714
Merit: 251

But I am just criticizing it's privacy technology, which is very weak in my opinion.


Well, crack it and claim the bounty. Should be simple really.




I can't. But just because I can't that doesnt mean that an adversary with sufficient resources can't.

Somebody who taps all ISP's can easily deanonimize Dash, and it doesn't even have to be a Government. I can even be a 3rd party company that works with the ISP, who can then sell that data in the black market.

Dash is not anonymous, I have done my research on it, you should too.
legendary
Activity: 2101
Merit: 1061
Watching this drop is so painful.   Do you guys recommend sell and buy back lower or hold?

i think it is too late to sell (do not fall in the trap and be felt behind)

Yes when you get a strong feeling to sell its generally time to resist that urge or even buy. Similar when it is going up and you want to buy more. Thats when you should actually be selling. Easy to say, not easy to do sometimes though.
newbie
Activity: 14
Merit: 0
Good luck - looks very interesting
legendary
Activity: 2548
Merit: 1245
Watching this drop is so painful.   Do you guys recommend sell and buy back lower or hold?

The drop may have been painful too watch, but i think it only effected Dash on its fiat value. Now that large amounts of Bitcoin have been sold, i suspect some of that
will flow back to altcoins and therefore also to Dash.

I think Dash will be breaking into the 0.08 btc range pretty soon and just continue its long-term uptrend.
Basicly what Dash lost in fiat value, it will gain in btc value over time.

You can keep an eye on both the fiat and btc value of Dash here : https://coinalyze.net/



(i asked them to add Kraken and Bithumb as well)

Just be glad you are not into Litecoin at this moment (at least i hope you are not) :




If this continues, i see Dash overtaking Litecoin's marketcap pretty soon :



Poor Icey...
legendary
Activity: 2044
Merit: 1005

No clue how you researched that and came to that conclusion (you didn't provide any reference) but if you are realy interested in a best privacy then you should make a more serious reasearch in that subject. QC is far more advanced already today than what most ppl do realize.

You may see Mixing as technical inferior and from a crypto technical standpoint it certainly is however the mixing has the clear advantage that you will not be able to break it in afterward ever because it is not a technical fancy encryption on the open block chain for all enternity where you can put QC and whatever else we will see in the future on it later to crack it.

I agree somewhat with you that the MC communication best should be encrypted.
I myself am not even useing DASH privacy features. Not because I don't trust it but because so far it was of no real use to me.
Dash is meanr to become digital cash. The private Send is just a usable addition

Monero on the other hand has the privacy as the only feature and reason for existing. It has it uses.
But honestly I don't understand why ppl always try to reduce Dash to it's PrivateSend mixing feature so they can compare it with something that only offers that feature and nothing more and than somewhat conclude..oh monero is better.

Dash and monero do not play on the same crypto currency level. monero has it's limited use for the one privacy it has.
Dash aims to become an all user all day digital cash.

Seeing moneroens trying to fight dash all years is something very strange to observe. Monero is no alternative to Dash except you limit yourself to the one privacy feature and even on that one be carefully about what you think is safe thing. Truely research it or you will be in for a surprise in the future. You know what happend with moneroes past private transaction.
Because of a mistake or not..you see how dangerous this permanet in blcokchain thing is if it comes to privacy.
 

Look I have said multiple times that Dash does have it's own value, it's just that from a privacy standpoint it's not good, and advertising Dash as a private currency is pretty dishonest in my opinion.

It does have some good scaling system, and it might be even better than Bitcoin. But it has the same privacy problems as any other 1.0 type currency. So on that level I think Monero is better, that's all I said in the article.

Regarding the QC things. I think a lot of them are scaremongerings. Even the DWAVE or what was it's name. That is a total nonsense, it's not even a quantum computer, it's only as quick as a supercomputer in some cases even slower....

I believe the most q-bits that they have successfully put together was like 4 bits which is nowhere near operational, the claims about 64 qbits and 128 qbits are all snake oils.

However even then certain encryption algorihms to my understanding are unbreakable even with quantum computers because only certain operations are vulnerable.

So all this QC scaremingering is nonsense. Monero's encryption is probably not vulnerable to any kind of quantum computing that they can invent in the near future, so I don't worry about that.


you are correct that you wrote a lengthy article, unfortunetely that lengthy article is thoroughly lacking :

* objectivity (a clear bias towards Monero is detectable throughout the article)
* knowledge about Dash, its privacy technology and the inner workings of its budget and governance system (creating a thread on Dashtalk and spending some time on Dash's testnet would have helped a lot i suspect)
* understanding that a good analysis consists of more then just copy & pasting comments from Bitcointalk forum to Steemit (frankly that is just lazy article writing)

Having said all that, i do want to congratulate you on the $5.61 that you raised on Steemit with your article.

    

Maybe I would have been kess biased if I would have not received that treatment from the community.

That being said, again I am not saying that Dash is worthless, it has it's value, obviously, you can see the price.

But I am just criticizing it's privacy technology, which is very weak in my opinion.


I agreed with the article as far as zcash and bitcoin were concerned but struggled to go far into the Dash assessment and didn't reach the Monero part. Your 'research' entailed a chat with someone on this thread. That is no research at all. Frankly I have better things to do with my time. Maybe if I had persisted and managed to read more I might have found some real research, I'll never know. But I do know that noone has yet broken Dash coin mixing, as far as I know there is a significant bounty for someone who does.

Like you I also tried Dash and Monero when I first got interested in anonymity. My experiences with Monero were extremely disappointing and I feel I gave it much more than a fair shot. The full  node was flaky and I couldn't run it. There was not even a graphical wallet, only a website. Dash versus Monero is no contest. I have concluded that Monero offers nothing for me. This is in total contrast to my experience of Dash.

No I have done my research separately, I have read topics on stackexchange about some of the encryption system, and read the wikis too. I didn't want it to be too technical. I just pointed out my view on it.


You seem not to understand quantum computing. Dwaves 2k qbit is not a full computer its annealing so only good for.certain things. Google and ibm will have 100 qbit ones end of year. These are general purpose versions! Exciting for some.not so exciting for others. Assymetric encryption is vulnerable. Sha384 and above is safe for now but less is not. I know of an attack on bitcoin even with one way hashes of pubkeys to create base58 addresses but i wont scare the community. I will solve the issues though and am doing research on PQ algos that will be safe. A new elliptical curve is generally needed and one way hashing.

Btw 80 qbits can simulate an entire human body down to cell level.
legendary
Activity: 1834
Merit: 1023
Watching this drop is so painful.   Do you guys recommend sell and buy back lower or hold?

i think it is too late to sell (do not fall in the trap and be felt behind)
sr. member
Activity: 428
Merit: 252
Watching this drop is so painful.   Do you guys recommend sell and buy back lower or hold?
legendary
Activity: 3066
Merit: 1188
…from a privacy standpoint it's not good, and advertising Dash as a private currency is pretty dishonest in my opinion….so on that level I think Monero is better, that's all I said in the article.

@profitgenerator212, Do you even realise you're comparing an encrypted blockchain with an unencrypted one ?

If you had done - and stated that at the start of your "article" - you could have stopped right there because *anything* encrypted is going to be more "private" than its unencrypted equivalent since you're hiding the entire transacting environment under a layer of obfuscation.

Which begs the question...why didn't Satoshi build encryption into bitcoin as a priority ? Why was transparency the priority over obfuscation ?

You might find that a bit difficult to answer as long as you cling so religiously to this ridiculous assumption:

But I am just criticizing it's privacy technology, which is very weak in my opinion.

What you actually mean is, “Dash is not an encrypted blockchain and Monero is”. No disagreement there, but that doesn’t make its privacy “weak”. Monero has a centralised privacy model - its protocol uses a single encryption algorithm to protect the entire blockchain. Dash’s, on the other hand is both transparent AND decentralised. Every mixing transaction is anonymised on a case by case basis using a different set of nodes with arbitrary denominations where actual address balances are used and new addresses are continuously created. Not only that, the fact that entire coin supply is being continuously mixed at random points and times creates analytic ‘firewalls’ on an ongoing basis which keeps it fungible holistically, not just at transaction level. This gives protection even to those not using private send in their own wallets.

Finally, this little gem:

Quote
“All data is potentially logged, so this means that anonymity = 0”

Really ? I look forward to your whitepaper on that one. You’ll probably make more bounty money writing it and supplying it to the Dash devs that you will holding either coin.
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
CATV | Establishing Dash In New Markets - Rod Ambrissi



#DashNation #CashAlternative
sr. member
Activity: 1232
Merit: 260
Dash Added to Qryptos Crypto-Only Exchange With Temporary Negative Fees


Dash has been added to Qryptos, a cryptocurrency-only exchange with temporarily negative fees in order to generate interest and liquidity.

Qryptos is run by Quoine, an Asia-based cryptocurrency and fintech company, touted as the world’s largest blockchain-based fintech company. Quoine has offices in Japan, Singapore, and Vietnam, and also runs Quoinex, a more traditional cryptocurrency exchange with several fiat trading pairs. The public beta for Dash on Qryptos was announced yesterday:


sr. member
Activity: 1232
Merit: 260
Commerce 101: The Real Basics – Electricity and Internet


Greetings from Florida.  Those are the words that many postcards start with when someone is sharing their fun vacation – not today.

Most of you have heard something about hurricane Irma.  I am one of the millions of people impacted directly by Irma.  Don’t worry about me I was prepared.  We didn’t have any “damage” to home or family.


legendary
Activity: 1834
Merit: 1023
Dash now trading on new Japanese Exchange

https://www.qryptos.com

 Grin
legendary
Activity: 1288
Merit: 1000
Pro-Monero vs. Snake oil - Dash

I have completed my analysis on Dash and Monero on the privacy aspect, basically the 2 only currencies that are even worth analysing, the others are really not even worth my time.

I have wrote this lengthy, but throrough article about the subject, the Dash community might find it interesting:

https://steemit.com/cryptocurrency/@profitgenerator/dash-vs-monero

you are correct that you wrote a lengthy article, unfortunetely that lengthy article is thoroughly lacking :

* objectivity (a clear bias towards Monero is detectable throughout the article)
* knowledge about Dash, its privacy technology and the inner workings of its budget and governance system (creating a thread on Dashtalk and spending some time on Dash's testnet would have helped a lot i suspect)
* understanding that a good analysis consists of more then just copy & pasting comments from Bitcointalk forum to Steemit (frankly that is just lazy article writing)

Having said all that, i do want to congratulate you on the $5.61 that you raised on Steemit with your article.
    

Lol, what analysis?
Your article is full of emptiness, a bad medlay of biased statements... Not worth losing time reading this bs.
legendary
Activity: 968
Merit: 1001


Be very careful when clicking links. It can be virus and infect your computer.


hero member
Activity: 673
Merit: 531
Proud Lifetime DASH Foundation Member

But I am just criticizing it's privacy technology, which is very weak in my opinion.


Well, crack it and claim the bounty. Should be simple really.




He probably could if he had a spare 200-500 million dollars to buy enough master-nodes to have a few percent chance of cracking a handful of transactions.......

Piss poor fud article based on a few conversations and hearsay, waste of time - come back to me when you have  some proof based on mathematics or code to show transaction linking like Monero has been cracked.



profitgenerator212 is obviously unable to do "proper" research as he has claimed.  Sad.  And here I thought I was going to read an actual technical piece that could enlighten me.  I was wrong.
legendary
Activity: 1036
Merit: 1000

But I am just criticizing it's privacy technology, which is very weak in my opinion.


Well, crack it and claim the bounty. Should be simple really.




He probably could if he had a spare 200-500 million dollars to buy enough master-nodes to have a few percent chance of cracking a handful of transactions.......

Piss poor fud article based on a few conversations and hearsay, waste of time - come back to me when you have  some proof based on mathematics or code to show transaction linking like Monero has been cracked.

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