Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 936. (Read 9723748 times)

9280USD

How much does a masternode cost today in usd?

That's because Darkcoin stole the name from the Dashcoin community.

The ironic thing is Dashcoin, which is based on the superior Cryptonote protocol, offers much better privacy/fungibility/anonymity than anything Darkcoin ever implemented.

Dash uses a bastardized, broken, cargo-cult's "bad crypto" bamboo version of CoinJoin.

Dashcoin uses proven/working/legit crypto in the form of stealth addresses and ring signatures.

Dash's off-chain, online DarkSend takes forever as participants are at the mercy of current conditions (ie how many others want to mix at the moment) and trusted 3rd party Masternodes' security.

Dashcoin's on-chain, offline mixing is instant, as it uses the entire set of all previous transactions for mixing, and so does not require trusted 3rd parties nor liquidity providers.

Of course the DashHoles around here will shoot the messenger and attack me for stating those facts, rather than attempt to refute them.

Perhaps they'll start to listen when Dashcoin's market cap exceeds Dash's (which at this rate won't be long from now).   

More info here: http://monero.stackexchange.com/questions/943/is-dash-based-on-cryptonote-or-coinjoin

I'm confused. There appears to be two Dash coins in the coinmarketcap top ten???

I mayn’t speak for the community; but it’s a theoretical question, so I’ll tackle it:


The Gover-Banks are entrenched bullies. The sham is that we control them: we all know that they control us.

So, let’s tell them – boycotts are the most under-utilised of civil-disobedience tactics – that We the People are gonna start our own ‘meta-economy’! We the People take the stance, ‘You the Government will receive funds from us as we see fit, to do what we tell you to do.’

Then we develop a tax-revenue-collection model that will work in this fantastic new people-control-the-Government-rather-than-the-other-way-around environment. DASH-as-tax-revenue payments could be made for using vehicles and public roads, on public transport, as co-pays in a public-health system, for services at Government departments. They could be levied via utilities like power and water and sewerage. Foreign corporations could be charged whatever we like to set up shop on our turf.

Two Notes:

One: yes, my suggestion is fantastic; but so is the situation: Governments/banks/economists have proven themselves utterly incapable of managing society on our behalf. Half the [EDIT: world’s population live in countries that] have undergone armed revolutions in the last century or so, so what I propose – a bloodless economico-political ‘devolution’ -- is well within historical bounds.

Two: there exists in revolutionist political theory the principle of ‘dual control’ – the months leading up to the Bolshevik revolution is the best example. Dual control is characterized by the ‘running in parallel’ to the Government of a social force informed both by ideas and a willingness to act on the basis of those ideas.

In our particular case, it could be the use of a technology, DASH, as the instrument of the ‘boycott’-and-reformation of a dysfunctional system. Exactly how will the movement progress? Don’t know. We’ll hammer out the details on the way.

But whatever the majority of us chooses is surely ipso facto ‘legal’!

Good question.  I can't speak for the core team or Evan, but I can give you a point of view that I *think* they share??  

First, I don't think Dash wants to fight governments, it's a waste of energy.  Of course, if the government decides to fight Dash, we will defend ourselves on very solid grounds.  Not all governments allow for any type of freedom, though, in which case, they will have to try and stop it, which is no easy thing.  So actually, I feel that tightly gripping governments will be the easiest places for people to use cryptos (Dash) since they usually have bad enforcement and a high degree of graft.

So lets take the USA/Canada/Europe etc...  They have the money to cause all kinds of legal troubles, but they also have strong constitutions. I only know of the USA, and here, there is no law against using another monetary system, only for not reporting your income ( capital gains, etc...) and yet they have to prove that you own and are hiding wealth from the tax man.  So if people can hold their wealth in something out of the government's reach, then the government will have to find new ways of taxing.  The VAT system is pretty simple and straight forward.  Charge a tax on anything bought.  That makes sense.  People who buy more are usually richer, and those that buy less are poorer.  Nicely balanced tax it seems  I don't know the best way to raise taxes in such a world, but it's been done for thousands of  years (before fiat, when silver etc... was used) and is no different now.  They'll figure it out.

The genie is out of the bottle, now the world (governments) simply have to catch up.

In the meantime, it's usefulness will drive adoption.  Also, I don't see any real challenge to the use of cryptos (Dash) but rather there will be attacks on aspects of it....which will ultimately fail, again in my opinion.  Bitcoin and Dash are built on solid principle.  They will fight us, but then they will lose.

Oh, and btw, because Dash has a budget (and actually retains a law firm) we will have no troubles fighting.....there will be no need to beg for help

Is this listed on the market somewhere I can buy?

I don't think this is hype, Tante. 'War on Cash' is no longer a tin-foil-hatter phrase.

There's only one merchant listed as accepting DASH here in Australia, but we'll keep a patient eye out for others that might adopt. It was disappointing that several Albany backpacker hostels we approached (though it was a while ago) didn't 'get it.' Those holiday backpackers have become worker backpackers, and crytos -- for both remittance and general use -- make perfect sense.

Mark.

This question can be applied to all "monetary" cryptos but I'll ask it here since it's related to the upcoming main feature of Dash which is ease of use for an average Joe.

How does your agenda combine fighting governments with their fiat system and banks, with aspirations for legal mainstream adoption and everyday use by ordinary people at the same time? Especially if it allows the people to hide their money from the said governments.

How can anything like this ever be widely used and legal at the same time?

Very nicely done!  Great presentation


Also great news!  I feel like 2017 will have a lot of momentum!  2018 is going to blow the roof off the Federal Reserve, et al

Bitcoin's Bubble vs. Dash's Killer App: Amanda B. Johnson at UNM

https://youtu.be/r7erSqaRRnw

 

Currently, Dash can do 4X as many as Bitcoin as we have blocks every 2.5 minutes.  We don't come close to filling our 1 MB  block yet, but even so, the core team have been given the vote to double the block size.  They just don't have it as a priority as, again, we aren't even close to filling any blocks yet and they're working on other issues instead.  The next release is so complex, they wanted to make this part of the next update (probably before Evolution)  This is what I'm guessing from the chatter I watch

Besides that, though, Dash's Evolution, when it comes out, will be able to handle a lot more transactions.  Each Masternode quorum will be able to put a lock on as many funds as are handled by the network as a whole.  This means, that say Bitcoin can handle 5 transactions per second, Dash currently can handle 20, but Dash Evolution can handle 4200 / 10 X 20 = 2100 transactions.  That is, currently we have over 4200 masternodes, we can make 420 quorums with them, they can process 20 transactions per second.  If we need to process more, we can halve the required collateral needed to make a Masternode to 500 coins, and then we've essentially doubled the Masternode network as well as the number of transactions we can process.  This is completely scaleable.

Of course actual numbers vary... but you get the idea

I've been reading about the endgame for fiat since the 1990s so I've gotten used to it being a slow-motion phenomenon. I love Bill Bonner's quip "just because something is inevitable does not mean that it is imminent". I see this new development - nation-states making their own fiat currencies illegal(!) as a move to try to dodge the inevitable. Fiat can't collapse if there is no fiat, they might be thinking. Kick the can down the road a bit - it's always worked before.

If so, it's a perfect storm for crypto, and for Dash in particular.



 

Spectrocoin's COO: "So actually Dash is more popular than Bitcoin was in the say - beginning of 2014"

Nice 

Australia might need such adds soon too:
http://www.news.com.au/finance/economy/australian-economy/government-floats-100-note-removal/news-story/042220701a8310c39a1a87da4e20de35

These events all prove the need of getting currencies in the hands of people. Dash could indeed play a very important part here as the instant transaction features could prove real world use between individuals and merchants alike.

They are really nice, I'll have to check back for a new year gift
Thanks for posting the link tungfa!

need one ?
https://www.dash.org/forum/threads/would-you-be-interested-in-high-quality-100-cotton-dash-t-shirt.9695/

A short informative video and an equally nice t-shirt! 😉

Check this...

Anyone here know what is the actual transaction per second can dash do.I want to know for my research.