Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 620. (Read 9723733 times)
June 22, 2017, 08:51:16 PM
Broken record is back
June 22, 2017, 08:49:29 PM
can someone explain why dash is worth more then others altcoins?what is the tech?what are the fees?what about the network?
Two tiered network, masternode backbone
Instantsend
Privatesend
Self funded
Distributed and decentralized governance
Soon to come; evolution that transform crypto and makes it accessible to nearly everybody - not the technically advanced users only.
In a sense it is surprising that the price is as low as it is. By this time next year things are likely to be very different in the top of coinmarketcap
That explanation (it's actually just a list of marketing buzzwords) is not based on facts or logic. It's 100% pure Evan's Gate cargo cult doctrine.
Dash's 2nd tier is a fatal flaw, not a feature, because it requires users to trust 3rd parties controlled by unknown entities. Also, the Masternodes are a Ponzi scheme and HYIP in violation of the Howey act, and thus ripe for aggressive law/regulatory enforcement actions. Dash's trusted 3rd party "backbone" is a security hole and presents the .gov JBTs of the world a fat juicy target.
Instantsend isn't any faster than Ethereum and Digibyte's 15-second blocks, and utterly obsolete compared to Litening (Lightning on Litecoin).
Privatesend hasn't been audited in years despite many code base changes, and is shit-tier garbage compared to Monero's state-of-the-art RingCT.
The "self-funding" is also misleading, given the funding is created by inflation and comes at the involuntary expense of existing bagholders.
Many printing-press funded projects lack accountability and have made a mockery of Dash's entire approach to throwing money at every charlatan who asks for a handout. That's why there are multiple try-hard efforts underway to heap atop Dash's broken enterprise logic more convoluted bureaucratic epicycles.
See https://forum.getmonero.org/8/funding-required for an example of a proper 'skin in the game' approach incorporating best practices such as voluntary donation, escrow, and deliverable milestones. Monero's FFS is why it doesn't suffer from a litany of failures (which constitute dis-proof of concept) like Dash's. EG:
1. Dash Delinquents: Charlie Shrem's Dash Debit Card
Quote from: solarguy
2. Dash Delinquents: Dash Play Awards
Quote from: dashtreasury.org
It sounded like a great idea: Dash sponsorship of a big fancy awards show for Youtube content creators. It would be targeting a well aligned market (online content creators who earn off the internet), and the proposal creators had some great ideas on how to integrate an aggressive Dash campaign throughout.
There was just one problem. The entire awards show was fake. It never happened. The Dash treasury got scammed.
There was just one problem. The entire awards show was fake. It never happened. The Dash treasury got scammed.
3. Dash Delinquents: Dash Branded ATM's
Quote from: dashtreasury.org
Where did the ATM's actually end up? Nowhere. They don't exist.
These proposal owners have at least posted a few updates on their progress, but it's looking more and more like the Dash treasury didn't actually buy deployment of Dash ATM's. Instead, we've provided startup capital to individuals who would like to deploy ATM's but are not yet prepared to do so.
This is another example of where the Dash treasury could have benefitted from having a vetting manager supervise and investigate these projects.
These proposal owners have at least posted a few updates on their progress, but it's looking more and more like the Dash treasury didn't actually buy deployment of Dash ATM's. Instead, we've provided startup capital to individuals who would like to deploy ATM's but are not yet prepared to do so.
This is another example of where the Dash treasury could have benefitted from having a vetting manager supervise and investigate these projects.
4. Dash Delinquents: Developer Documentation
Quote from: dashtreasury.org
Dash desperately needs some developer documentation.
QuantumExplorer was paid a substantial sum of money with the expectation that he would either provide value or return the money. He has provided no services, and now he is audaciously refusing to return the funds as promised.
The proposal owner was fairly active on the Dash.org forum up until the day he got paid. Since then, he's gone totally dark. No progress updates, no forum activity, not a single completed page of documentation. This is what you might call "dine and dash", or rather "dash and dash".
QuantumExplorer is refusing to honor the terms of his proposal not only in providing zero work product but also in his pledge to provide transparency over the application of the funds and in his promise to return any unused funding:
Did he spend any of those funds to hire documentation writers for his project? Did he use any of those funds to even advertise to hire writers? Did he live up to his commitment to be "transparent" with the use of the funds? No, no, and no. A mere 12 hours after he was awarded his payment, at 15:43 that same afternoon, he swept 100% of the money away to top off the remaining coins he needed to start a new masternode, which has earned him an additional 12.6 DSH to date.
How could this have been avoided? First of all, think about in what strange world a newly hired employee would be fronted three months' wage before showing up for a single day of work and without even providing the employer with a single valid piece of contact information.
QuantumExplorer was paid a substantial sum of money with the expectation that he would either provide value or return the money. He has provided no services, and now he is audaciously refusing to return the funds as promised.
The proposal owner was fairly active on the Dash.org forum up until the day he got paid. Since then, he's gone totally dark. No progress updates, no forum activity, not a single completed page of documentation. This is what you might call "dine and dash", or rather "dash and dash".
QuantumExplorer is refusing to honor the terms of his proposal not only in providing zero work product but also in his pledge to provide transparency over the application of the funds and in his promise to return any unused funding:
Did he spend any of those funds to hire documentation writers for his project? Did he use any of those funds to even advertise to hire writers? Did he live up to his commitment to be "transparent" with the use of the funds? No, no, and no. A mere 12 hours after he was awarded his payment, at 15:43 that same afternoon, he swept 100% of the money away to top off the remaining coins he needed to start a new masternode, which has earned him an additional 12.6 DSH to date.
How could this have been avoided? First of all, think about in what strange world a newly hired employee would be fronted three months' wage before showing up for a single day of work and without even providing the employer with a single valid piece of contact information.
Even Basicpop the cult enforcer agrees Dash's current approach is stupid, broken, and a giant fail.
Quote from: Basilpop
The biggest, fattest lie of all is that Dash's governance is somehow "distributed." Nothing could be further from the truth.
Dash is 100% centralized, as amply demonstrated by Evan's arbitrary Instamine-intensifying cut of Dash's total emission as well as his sudden top-down decision to rebrand Darkcoin to
This is what it looks like when a shitcoin focuses more on marketing than development:
Evolution is not "soon to come." That's another lie. Evolution has no whitepaper, much less peer review and alpha/beta code. Github or GTFO you goddamn snake oil salemen!
June 22, 2017, 12:35:54 PM
Payza Integrates 50 New Cryptocurrencies, Including Dash - Dash Force News
Payza has announced its integration of 50 additional cryptocurrencies into its platform, including Dash.
According to the announcement, the global payment processor and service will be adding to its existing functionality of supporting Bitcoin, by adding support for dozens of the top cryptocurrencies. This will allow holders of most digital currencies to easily exchange them for their local fiat currencies, as well as load them on to supported cards. In the future, Payza plans to to make this exchange go both ways, allowing customers to buy other cryptocurrencies as well.
June 22, 2017, 11:27:44 AM
Yeah lets beat that dead horse 1001st time
June 22, 2017, 11:26:36 AM
June 22, 2017, 11:11:38 AM
The Cryptocurrency "Coffee Shop Challenge" - Dash Force News
Bitcoin, Ethereum, Litecoin, Dash, and Monero walk into a (coffee) bar…
The introduction of Satoshi’s whitepaper mentions “small, casual transactions,” which in legend has transformed into the proverbial cup of coffee. If digital currency is ever to be used as a digital replacement to cash, it has to pass the basic “coffee shop challenge”: how quickly, cheaply, and efficiently can you pay for your morning coffee. Now remember, this is a test of how each coin does in this particular situation, so don’t get your crypto knickers in a bunch if your favorite cryptocurrency is trying to be something other than digital cash.
I agree with this. Except maybe Monero since its focus is on anonymity and being untraceable on transactions. Bitcoin right now is just like a brand with slower transactions plus higher fees.
June 22, 2017, 08:27:54 AM
The Cryptocurrency "Coffee Shop Challenge" - Dash Force News
Bitcoin, Ethereum, Litecoin, Dash, and Monero walk into a (coffee) bar…
The introduction of Satoshi’s whitepaper mentions “small, casual transactions,” which in legend has transformed into the proverbial cup of coffee. If digital currency is ever to be used as a digital replacement to cash, it has to pass the basic “coffee shop challenge”: how quickly, cheaply, and efficiently can you pay for your morning coffee. Now remember, this is a test of how each coin does in this particular situation, so don’t get your crypto knickers in a bunch if your favorite cryptocurrency is trying to be something other than digital cash.
June 22, 2017, 02:25:53 AM
There are three coins with the best level of secrecy - dash, monero and zec. Zec is still young, not tested by time, and a vulnerability was found in the monero, which was removed afterwards, but the sediment remained.
June 21, 2017, 07:52:43 PM
btw, I heard from my BTCC contact yesterday that they'll be adding DASH and some other Alts in a few months time.
"Hi Otoh,
I apologize for the late reply. We haven't introduced DASH and the other alts on our exchange, but we're planning to do so over the next months. I'll let you know once we do.
..."
Always good news in your words, i miss you Otoh "Hi Otoh,
I apologize for the late reply. We haven't introduced DASH and the other alts on our exchange, but we're planning to do so over the next months. I'll let you know once we do.
..."
How are you?What it would be really nice is for Bitstamp to add DASH!
They added ltc yesterday, and they will add ethereum this mont, DASH should be the next step 
June 21, 2017, 12:17:30 PM
ICO Mania Grinds Ethereum to a Halt, Scaling Issues Not Limited to Bitcoin
Ethereum's network has experienced extreme delays as a result of initial coin offerings (ICOs) clogging up transactions, indicating that the top two cryptocurrencies now experience scaling issues.
Over the last year Bitcoin's scaling issues rose to infamy, with its block size debate and gridlock leading to social conflicts, slow transactions, and ever-higher fees. Ethereum may have seemed to be a breath of fresh air as a second option, with faster and cheaper transactions. However, because of the highly-popular Status ICO, Ethereum has now experienced similar congestion issues....
https://www.dashforcenews.com/ico-mania-grinds-ethereum-halt-scaling-issues-not-limited-bitcoin/
June 21, 2017, 08:13:48 AM
IMF Urges Study of Digital Currencies, Warns of "Erratic Valuation" - Dash Force News
The International Monetary Fund (IMF) has taken interest in digital distributed ledger technology, while warning against aspects such as instability and lack of interoperability.
In a paper on the impact of financial technology (fintech) on global finance, the IMF urged the study of digital currencies for their potential to revolutionize payment transfers, but urged caution on a few potential drawbacks. Of particular concern was the “potentially erratic valuation of virtual currencies,” as well as trust issues around the entities issuing said currencies.
June 21, 2017, 07:06:22 AM
The Risks of Segregated Witness
https://coingeek.com/risks-segregated-witness-opening-door-mining-cartels-undermine-bitcoin-network/
Saw this on Africoins thread thought it was interesting
Thank you. That was a very interesting read.
June 21, 2017, 05:06:38 AM
may make an exchange at main DASH website like BCC 
https://bitconnect.co/?ref=alevlaslo
https://bitconnect.co/?ref=alevlaslo June 21, 2017, 05:02:17 AM
btw, I heard from my BTCC contact yesterday that they'll be adding DASH and some other Alts in a few months time.
"Hi Otoh,
I apologize for the late reply. We haven't introduced DASH and the other alts on our exchange, but we're planning to do so over the next months. I'll let you know once we do.
..."
"Hi Otoh,
I apologize for the late reply. We haven't introduced DASH and the other alts on our exchange, but we're planning to do so over the next months. I'll let you know once we do.
..."
What it would be really nice is for Bitstamp to add DASH!
I think it's just matter of time
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June 21, 2017, 03:44:44 AM
btw, I heard from my BTCC contact yesterday that they'll be adding DASH and some other Alts in a few months time.
"Hi Otoh,
I apologize for the late reply. We haven't introduced DASH and the other alts on our exchange, but we're planning to do so over the next months. I'll let you know once we do.
..."
"Hi Otoh,
I apologize for the late reply. We haven't introduced DASH and the other alts on our exchange, but we're planning to do so over the next months. I'll let you know once we do.
..."
What it would be really nice is for Bitstamp to add DASH!
June 21, 2017, 02:49:36 AM
btw, I heard from my BTCC contact yesterday that they'll be adding DASH and some other Alts in a few months time.
"Hi Otoh,
I apologize for the late reply. We haven't introduced DASH and the other alts on our exchange, but we're planning to do so over the next months. I'll let you know once we do.
..."
"Hi Otoh,
I apologize for the late reply. We haven't introduced DASH and the other alts on our exchange, but we're planning to do so over the next months. I'll let you know once we do.
..."
June 21, 2017, 02:14:21 AM
The best coins are bitcoin and dash, they have better advertising, the first one is better protected from the fall of the course, and the second one has a small wallet size, cheap commissions and a better rate growth rate
monero? zcash?
June 21, 2017, 02:05:13 AM
The best coins are bitcoin and dash, they have better advertising, the first one is better protected from the fall of the course, and the second one has a small wallet size, cheap commissions and a better rate growth rate
I think for large investments is better bitcoin, for medium DASH, and for small is better young coins
I think for large investments is better bitcoin, for medium DASH, and for small is better young coins
June 21, 2017, 12:33:55 AM
new forecast BTC https://forum.bits.media/index.php?/topic/952-kurs-bitcoin/page-301#entry748332
DASH will up too and better
DASH will up too and better
June 20, 2017, 08:25:13 PM
May 2017 - Dash Core Team Monthly Report
https://www.dash.org/forum/threads/may-2017-dash-core-team-monthly-report.15405/#post-130320
https://www.dash.org/forum/threads/may-2017-dash-core-team-monthly-report.15405/#post-130320
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