Pages:
Author

Topic: [DASH] Dash - Building the IoM | Dash Nation Progress Thread - page 27. (Read 41820 times)

legendary
Activity: 2968
Merit: 1198
Concentrate on your own project instead of baselessly attacking others.

Nice try but:

1. No one is attacking. I criticize the instamine because it was a dishonest scam, and I criticize Dash because it continues to scam investors by lying about the instamine, and its technology is described by recognized exports as very good either. But hey, you seem like a decent guy for the most part. Misguided with your spam threads, and obviously misled about Dash, but decent anyway.

2. The criticism of Dash is not baseless. Some of the basis is quoted below, but there is plenty more

Quote
"half-truth, half-spin"

Sorry, but as inconvenient as it might be for you or the ongoing Dash scam, all of my comments below are obviously factual, and fully backed up by sources, not half-truth, and not spin.

Quote
1. Evan had at least two years of experience with crypto before launching Dash. There was no "lack of experience" as you claim. (Your statement about what "caused mistakes to be made" was opinion, by the way. I'm glad we have agreed to exclude opinion from this thread.)

2. Evan stated months ahead of the launch that he was working on a "for-profit" coin launch.

3. Evan deliberately withheld the development and feature plans until after the end of the instqamine.

4. Evan misled people about the launch schedule, launching much earlier than promised. During the first hour, over 500000 coins were mined, and in 8 hours, over a million coins.

5. Evan later cut the mining rewards and coin supply, increasing the effective size of the instamine by a factor of four or more.

6. In total, the instamine of 2 million coins represents approximately 30% of the current supply of Dash.

7. "Official Communication" from Dash blaming the instamine on inherited Litecoin code (which is factually false).

8. Dash ANN OP claiming the coin was "fairly and transparently launched".

legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
"PROBABLY" not accidental.

I'm glad we now agree that the instamine was probably not accidental. Good decision! It was probably untenable to trying to scam new investors with the claim it was all a big accident and, "Whoops! I instamined again!".

For anyone following along

Quote
1. Evan had at least two years of experience with crypto before launching Dash. There was no "lack of experience" as you claim. (Your statement about what "caused mistakes to be made" was opinion, by the way. I'm glad we have agreed to exclude opinion from this thread.)

2. Evan stated months ahead of the launch that he was working on a "for-profit" coin launch.

3. Evan deliberately withheld the development and feature plans until after the end of the instqamine.

4. Evan misled people about the launch schedule, launching much earlier than promised. During the first hour, over 500000 coins were mined, and in 8 hours, over a million coins.

5. Evan later cut the mining rewards and coin supply, increasing the effective size of the instamine by a factor of four or more.

6. In total, the instamine of 2 million coins represents over approximately 30% of the current supply of Dash.

7. "Official Communication" from Dash blaming the instamine on inherited Litecoin code (which is factually false).

8. Dash ANN OP claiming the coin was "fairly and transparently launched".

EDIT: corrected for new current supply


OK Smooth, you left me no choice. For bringing the same tired "half-truth, half-spin" that I've dealt with already in this thread for all to see, you deserve it.

Ladies and gentlemen, Allen "Smooth" Iverson:

http://youtu.be/eGDBR2L5kzI

Bring some new evidence? Found your "smoking gun"? If not, thanks for the thread bumps...

Concentrate on your own project instead of baselessly attacking others. You'll inspire people. As I said before, I'm trying to teach you...
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host


You can plant a dream.

Join Dash Nation
Thank you qwizzie. I couldn't agree more. Dash Nation represents progress, optimism and decentralized tech. We're taking the narrative back from those who would seek to define us for two years.

To build the Internet of Money, you need people to be able to access it. Disconnecting from BTC is of paramount importance. What's Dash's short-term plan in this regard?

https://www.rebelmouse.com/dashnation/ditching-btc-1695039752.html


#DashNation #IoM

legendary
Activity: 2548
Merit: 1245


You can plant a dream.

Join Dash Nation
legendary
Activity: 2968
Merit: 1198
"PROBABLY" not accidental.

I'm glad we now agree that the instamine was probably not accidental. Good decision! It was probably untenable to trying to scam new investors with the claim it was all a big accident and, "Whoops! I instamined again!".

For anyone following along

Quote
1. Evan had at least two years of experience with crypto before launching Dash. There was no "lack of experience" as you claim. (Your statement about what "caused mistakes to be made" was opinion, by the way. I'm glad we have agreed to exclude opinion from this thread.)

2. Evan stated months ahead of the launch that he was working on a "for-profit" coin launch.

3. Evan deliberately withheld the development and feature plans until after the end of the instqamine.

4. Evan misled people about the launch schedule, launching much earlier than promised. During the first hour, over 500000 coins were mined, and in 8 hours, over a million coins.

5. Evan later cut the mining rewards and coin supply, increasing the effective size of the instamine by a factor of four or more.

6. In total, the instamine of 2 million coins represents over approximately 30% of the current supply of Dash.

7. "Official Communication" from Dash blaming the instamine on inherited Litecoin code (which is factually false).

8. Dash ANN OP claiming the coin was "fairly and transparently launched".

EDIT: corrected for new current supply

legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud


The school -boy bullies don't define Dash. We define ourselves. Thanks for reading and giving us the opportunity.



The "bullies" are the only thing that keeps this from a circle jerk "Oh, Evan, such genius!" of like minded instminers and coin centralizers that make the Bitcoin Devs puke in their mouths whenever Satoshi's name is invoked as some sort of faux approval worthy Oxaccao's fake PM from Satoshi.

Thanks for #6 TaoOfCentralization https://bitcointalksearch.org/topic/m.14472374
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
I see that we've had another visit from the school-boy bullies overnight. They know their stuff, and are armed with just the right spin and innuendo to make you believe their narrative.

Unfortunately for them however, as I've clearly challenged them earlier in this thread, they don't have a single shred of solid evidence to back up their claims. Dash is a professional, inclusive, optimistic project with clear goals to become the true digital cash Satoshi envisioned, the Internet of Money.

The school -boy bullies don't define Dash. We define ourselves. Thanks for reading and giving us the opportunity.

[extensive spam link collection removed]


Dash is objectively defined by the facts of the matter.  The instamine is a fact, and it was probably not "accidental."

You are insulting the intelligence of people like Tone Vays and Debora Meeks.  They are not victims of "spin" and "innuendo."

They made up their own minds based on the facts.
"PROBABLY" not accidental.

iCEBREAKER, I love it when you come here and prove my points for me. We're going to make a great team!

I can help you with marketing.

DASH - It might not be a scam!*

*It's probably a scam.
Thanks! You're a fine person.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
I see that we've had another visit from the school-boy bullies overnight. They know their stuff, and are armed with just the right spin and innuendo to make you believe their narrative.

Unfortunately for them however, as I've clearly challenged them earlier in this thread, they don't have a single shred of solid evidence to back up their claims. Dash is a professional, inclusive, optimistic project with clear goals to become the true digital cash Satoshi envisioned, the Internet of Money.

The school -boy bullies don't define Dash. We define ourselves. Thanks for reading and giving us the opportunity.

[extensive spam link collection removed]


Dash is objectively defined by the facts of the matter.  The instamine is a fact, and it was probably not "accidental."

You are insulting the intelligence of people like Tone Vays and Debora Meeks.  They are not victims of "spin" and "innuendo."

They made up their own minds based on the facts.
"PROBABLY" not accidental.

iCEBREAKER, I love it when you come here and prove my points for me. We're going to make a great team!

I can help you with marketing.

DASH - It might not be a scam!*

*It's probably a scam.
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
I see that we've had another visit from the school-boy bullies overnight. They know their stuff, and are armed with just the right spin and innuendo to make you believe their narrative.

Unfortunately for them however, as I've clearly challenged them earlier in this thread, they don't have a single shred of solid evidence to back up their claims. Dash is a professional, inclusive, optimistic project with clear goals to become the true digital cash Satoshi envisioned, the Internet of Money.

The school -boy bullies don't define Dash. We define ourselves. Thanks for reading and giving us the opportunity.

[extensive spam link collection removed]


Dash is objectively defined by the facts of the matter.  The instamine is a fact, and it was probably not "accidental."

You are insulting the intelligence of people like Tone Vays and Debora Meeks.  They are not victims of "spin" and "innuendo."

They made up their own minds based on the facts.
"PROBABLY" not accidental.

iCEBREAKER, I love it when you come here and prove my points for me. We're going to make a great team!
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
I see that we've had another visit from the school-boy bullies overnight. They know their stuff, and are armed with just the right spin and innuendo to make you believe their narrative.

Unfortunately for them however, as I've clearly challenged them earlier in this thread, they don't have a single shred of solid evidence to back up their claims. Dash is a professional, inclusive, optimistic project with clear goals to become the true digital cash Satoshi envisioned, the Internet of Money.

The school -boy bullies don't define Dash. We define ourselves. Thanks for reading and giving us the opportunity.

[extensive spam link collection removed]


Dash is objectively defined by the facts of the matter.  The instamine is a fact, and it was probably not "accidental."

You are insulting the intelligence of people like Tone Vays and Debora Meeks.  They are not victims of "spin" and "innuendo."

They made up their own minds based on the facts.
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
Good morning everyone.

I see that we've had another visit from the school-boy bullies overnight. They know their stuff, and are armed with just the right spin and innuendo to make you believe their narrative.

Unfortunately for them however, as I've clearly challenged them earlier in this thread, they don't have a single shred of solid evidence to back up their claims. Dash is a professional, inclusive, optimistic project with clear goals to become the true digital cash Satoshi envisioned, the Internet of Money.

The school -boy bullies don't define Dash. We define ourselves. Thanks for reading and giving us the opportunity.

I invite you to join us in Dash Nation.

Respectfully,

Tao (Dash Nation Campaign Founder)

sr. member
Activity: 317
Merit: 1012

You're clutching at straws now Wink Maybe too recent for you, here's part of a 2015 progress report:
https://dashtalk.org/threads/dashs-incredible-2015-and-a-gaze-into-the-crystal-balls-2016.7576/

Quote
Achievements

    Technical / Development
        Stable implementation of the 2nd tier
        Added InstantX instant transactions: https://www.cryptocoinsnews.com/darkcoin-now-supports-instant-transactions/
        Blockchain based governance and network-funded budgeting system: https://www.cryptocoinsnews.com/dash-implement-decentralized-governance-system/
        Upgrade from Litecoin to Bitcoin Core codebase
        Release of the Dash wallet version 11
        Release of the Dash wallet version 12
        Added support for multi Masternode configurations from a single wallet
        Improved DarkSend speed and efficiency
        Implementation of the project governance framework
        Improvements to Masternode payment frequency
        Implementation of the Electrum-Dash wallet (together with TREZOR implementation): https://dashpay.atlassian.net/wiki/display/DOC/Hardware Wallets
        Implementation of the Apple iPhone wallet: https://dashpay.atlassian.net/wiki/display/DOC/iPhone - DashWallet v.0.8.8
        Implementation of the Android wallet: https://play.google.com/store/apps/details?id=hashengineering.darkcoin.wallet
        Launch of Dash Evolution (3rd Tier, decentralized social data storage, social network functionality, an identity system, a decentralized API): https://www.dash.org/evolution/

    Marketing
        Re-branded Darkcoin to Dash
        New website coinciding with rebranding. More content, new design and multilingual (Chinese, Russian and Spanish)
        dash.org domain purchase
        Launched new website design project
        Creation of "What is Dash?" video and translated it to 20 languages:
        Presentation at Barcelona Bitcoin Meetup:
        Presentation at Bitcoin Wednesday in Amsterdam:
            Dash keynote in October and next two sessions in November and December
            Dash as a sponsor of Bitcoin Wednesday
            New contacts and relationships taken from the event
        Presentation at FinTech Amsterdam:
        LaBITconf 2015 in Mexico:
        Evan's keynote during the conference
        New contacts and business relationships with key crypto industry representatives
        Tennis open advertisement
        Multiple community videos and marketing campaigns
        First Dash music video: https://www.youtube.com/watch?v=8EZ8U5F8V1U
    Business development
        Establishment of new relationships
            Bitcoin Wednesday
            LaBITConf relationship and participation in the conference
            Koinbanx relationship established during conference in Mexico
            North American Bitcoin Conference in Miami
            Transform PR - they will support our PR and marketing efforts
        Merchants and services
            Initiated project of Dash integration with Lamassu BTMs
            Trezor hardware wallet for Dash
            Genesis Mining https://www.genesis-mining.com/ (offering cloud mining services for Dash)
            Additional merchants, for more details go to: https://dashtalk.org/threads/merchant-directory-listing-updated-oct-2015.3445/
    PR / Social Media
        Extended Social Media Pages:
            13 Pages (daily updates)
            4-5 Chat Groups (incl, Slack, Telegram, IRC,....)
        China (as they can not access dash.org)
            Banner Ads on 8btc
            8btc Community/ Wallet download page / Dash Section/ translations (100% News)
            Extended Social Media (QQ Group's)
            www.dashpay.cn ready but not launched yet
        Spain
            Banner Ads
            Translation / Publishing News / Giveaway
            Extended Social Media (FB page)
        Portugal
            Banner Ads
            Translation / Publishing News / Giveaway
            Extended Social Media (FB page + Telegram Chat Group)
        Russia
            http://dash.org.ru
            Translation / Publishing News / a lot of community PR
            Extended Social Media (FB page)
        Wiki + YouTube (Guides)
            YouTube 502 subscribers, 56,132 views, 120 Videos (incl different languages + Subtitles)
            Dash Wiki (99% up to date, incl Guides, Videos, Explanations, Help, Q n A,....)
    Orgnizational
        Dash Strategy: https://dashpay.atlassian.net/wiki/display/OC/Dash Strategy
        Mission and Vision statement: https://dashtalk.org/threads/dash-mission-and-vision-statement.4998/
        New core team members: moocowmoo, fulltimegeek, balu, __kot__ and many others
        Migration to Slack and defined roles in our virtual organization

(Continued...)
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Why does it take hours or days to mix coins?  Perhaps that tiny detail should be improved before spending years on Evolution's hopeless attempt to be yet another ETH?

Yeah, whatever, I'm not wasting my typing on old features that where dropped in favour of more innovative development paths a long, long time ago.

InstantX is an "old feature?"   Huh

What "more innovative development paths" are going to replace InstantX?

Ring signatures are the preferred method, as they don't require hours/days of waiting to mix coins, but Duffield already set and abandoned that goal a long time ago.
sr. member
Activity: 317
Merit: 1012


Yeah, whatever, I'm not wasting my typing on old features that where dropped in favour of more innovative development paths a long, long time ago. You've had answers the last hundred times you brought them up and they're bound to be answered somewhere in your next hundred FUD spamming sprees. Dashes core team progress reports are way more relevant to the thread, here's one from January, I wouldn't want you getting vertigo from the present catching up too fast icey Wink
https://dashtalk.org/threads/january-2016-dash-core-team-monthly-report.8041/

Quote
Dear Community members,

As we've outlined in the past, one of the goals for the core team this year is to increase our level of communication and transparency with the community and investors regarding key achievements and activities. One of the ways we plan to achieve this goal is by issuing a succinct monthly report on core team progress. Below, you will find our report covering activities performed through the end of January, grouped by the four strategic areas of focus for 2016.

    Software Development
        First prototype of Dash Evolution wallet released
        InstantX payments available on iPhone and Android wallets
        Dash Core v12.1 development started
    Business Development
        Launch of the Lamassu integration project
        Established relationship with Ledger hardware wallets
        Prepared scope of work for hardware wallet integration and masternode operation from hardware wallets.
        Preliminary work on project to improve DASH access via FIAT, proposal to be presented early Q2.
    Marketing and Communication
        Participation in The North American Bitcoin Conference in Miami (21,22 January 2016)
            Evan Duffield delivered a keynote on day 2 of the conference, providing an overview of Dash, and outlining the vision for Dash Evolution
            Dash core team members and community members hosted a booth at the conference and demoed Dash InstantX using a PoS device on a soda vending machine
        Year 2015 Summary: https://dashtalk.org/threads/dashs-incredible-2015-and-a-gaze-into-the-crystal-balls-2016.7576/
        Updates in Dash marketing materials (document templates, icons, handout): https://dashpay.atlassian.net/wiki/display/DOC/Marketing+Materials
        New Linkedin Company Page created and connected with the group
        DN presence extended and live
        International outreach and translations
            Chinese. Due to Chinese New Year we have 8BTC on hold (Feb). Alexy+Raico and community are doing a great job there.
            Portuguese. Full Time Translator started, many more local news (translated from English news) coming out, being published.
                Example: http://www.bitcoinnews.com.br/bitco...nda-satoshi-roundtable-evento-crypto-privado/
                Banners https://www.dash.org/what-is-dash-br/
            Indonesian. Full Time Translator started, many more local news (translated from english news) coming out, being published.
                Example: http://bitcoinnewsindo.com/dash-men...saat-pendiri-mengkonfirmasi-transaksi-instan/
                Banners http://bitcoinnewsindo.com
            Spanish. Full Time Translator in place
                Banners http://bitcoinnewses.com
            Russian. Full Time Translator in place. Alexy-ru and community are doing a great job there.
            Arabic . Still looking for translator.
                Banners http://bitcoinnewsarabia.com
    Project Organization
        Help in preparations for The North American Bitcoin Conference in Miami
            Work on the Dash presentation
            Preparation of the Dash handout
            Help in conference logistics and contact with the organizer
        Organization of the core team calls and sharing information
        Coordination of Transform PR project
        Definition of Dash 2016 road-map
        Launch of the Mattermost testing to replace Slack with its limitations
        Updated and Extended the Wiki (Updated Mining Section, Masternode guides)

Original version of the report is available under the following location: https://dashpay.atlassian.net/wiki/display/OC/January 2016 - Dash Core Team Monthly Report
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Dash has a fine track record of overdelivering

The only things Dash exceeds at delivering are hype, bad crypto, and snake oil marketing.

Where is Masternode blinding?  Duffield said it would be done last year, but now it's been forgotten.

Why does it take hours or days to mix coins?  Perhaps that tiny detail should be improved before spending years on Evolution's hopeless attempt to be yet another ETH?
sr. member
Activity: 317
Merit: 1012
Nice to see you're input icey, even if you're living in the past and hung up on the old idea of crypto being entirely on the blockchain, it's all about what you can do with it these days and Dash is way ahead of these old ideas of the chain being the only layer. Tiers, the blockchain at the bottom providing a rock solid foundation with the tiers above secured by it and providing advanced features. Maybe you'll get it one day icey, probably around the same time the vaporware mining hardware you where selling is delivered Wink

EDIT: For anyone interested, check icebreakers role in hashfast mining hardware, the agenda behind his posts will be pretty clear after seeing how he treats his customers. While there the role he's played in disrupting progress on the Bitcoin blocksize issue should become fairly obvious too, get familiar with him and his cronies and you'll find they're just about the best contrarian indicator on this forum.

My biography has nothing to do with Dash's history of "accidental" instamining, bad crypto, and HYIP snake oil marketing.

Tone Vays is onto your scam now.

Debora Meeks has been onto your scam since over a year ago.

The Dash-Is-A-Scam narrative is set in stone.  You'd have an easier time reorganizing the last 10,000 Bitcoin blocks than changing it.   Smiley

No but your history is very relevant to your views and considering you've been spamming Dash threads crying "scam" for a few years now it's worth noting that you've been called a scammer in the past and you've done way more to earn the tittle than anyone you're attacking here. Scams means victims and you've been asked time and time again to point out Dashes supposed victims, all you've come up with is dodges and evasion.

Face it icey, Dash is way ahead and all you've got to offer is FUD, anyone doing the research is blown away by Dashes advances and all you have to offer is your same few lines spammed over and over at anything innovative, you're cancer to all crypto icey and you know it.

How about a challenge? You obviously aren't capable of breaking any of Dashes features you claim are broken so we'll make it a bit simpler. Dash has a fine track record of overdelivering so let's see how many of the things in these posts by Evan get delivered on:
https://dashtalk.org/threads/prioritization-of-fiat-gateways.8457/

Quote
Fiat access ramps development will be prioritized by the core team over PR and advertising during the next few months, starting in March. With certain small exceptions like Dash Chinese promotion in tandem with 8BTC.

For the next few months we will be focusing in partnerships, integrations and open source tools development that will facilitate better access to DASH and more options for user services to clear transactions on. Starting in March “public-awareness” budget funds are dedicated to this purpose as this is higher priority than advertising for the core team at the moment. Also, a series of back end open source tools will be made available for anyone looking to offer Dash services.

Budget prioritization, 12.1 and budget reset

The new 12.1 release will introduce new contracts functionality to DGBB. This version should be on testnet within the next month. When it is released into the mainnet all existing budgets will be cleared as part of the updating process and will need to be voted back in, on the new version.

At that point in time both the core-team and public-awareness budget proposals will be over and the core team will request new funding under a different model. We are currently working on it and more information will be released before 12.1 goes to the mainnet.

This is important to answer the question of why we are redirecting the public-awareness funds to build fiat access ramps instead voting down current proposals. The answer is, we will clear current core team proposals and will do it as part of the 12.1 release. This should give us enough time to finish preparing our new budget plan. In the meantime, the core project needs continuity so we kindly ask you to bear with us under the current model for 3 or 4 more months depending on testing results.

What are we working on?

Open Source - FIAT ACCESS RAMPS

The core team sees a need to strengthen direct FIAT access ramps to Dash in order to move into our next growth phase. We need to nurture the development of a rich ecosystem of user oriented applications.

Different user oriented applications are being created for Dash, like crypto ATMs, point of sale solutions, payment gateways, etc. Nevertheless we are currently missing one fundamental layer - all these user applications need more liquid and better FIAT – DASH exchange services to clear on, including fixed price broker services, instant FIAT exchange, bid/ask FIAT exchanges, etc.

Exchanges are part of the basic infrastructure of the crypto economy, they can be thought about as public infrastructure. Without proper FIAT exchange services is harder for an asset to be independent and find a proper valuation.

Major FIAT exchanges are primarily interested in adding assets that already have high volume and high market cap and are less willing to support projects through their growing phase. So after an asset has established itself on all the major altcoin exchanges there is a gap. We are left with a catch 22 situation, not high enough volume for the large FIAT exchanges to open a trading pair and in need of safe and proper FIAT exchanges to grow and raise our volumes to where they would be interesting to larger exchanges and institutional investment. Also, legacy exchanges do not seem to have the intention to support a safer multi-sig user experience in the short term.

Because of this Dash is partnering with well reputed Bitcoin service operators to create proper FIAT Exchange services for DASH that are trustless, open source and built with the end user in mind. For this we are funding development of a suite of backend tools and integrations that will enable DASH/FIAT trustless exchange in partnership with Deginner, Coinapult and CryptoCapital.

We have decided to redirect the public-awareness budget funds to building these access ramps for the next few months. All projects will have to be reset in more or less 3 months and all budget proposals will have to be taken out and then voted back into the new version, so we don’t want to go through this process twice. We also feel very strongly about this project and what it will represent for the Dash community

Safer FIAT Integration (CryptoCapital.co)

As part of this project, Dash will be integrated with CryptoCapital.co which is a fully licensed financial institution that allows each user to have their own private segregated fiat account. The funds that the user deposits to their own FIAT account can be made instantly available for trading on the exchange services. This is a key difference, the fact that each user will initially be sending money to themselves and then once those funds are available at CryptoCapital they can choose to move them to an exchange service and trade instantly.

Also besides exchange integration, CryptoCapital offers other services that will be available to Dash users too.

From their website:

“By providing each customer with their own private segregated fiat account, Crypto Capital is able to allow Approved Software Exchange Companies the ability to open an account with us, therefore allowing our Customers, Merchants, and Traders the ability to move Fiat Currency, USD, EUR, JPY, etc., in and out instantly within our accounts.

There will no longer be lag when transferring funds between a customer private fiat account with us and the exchange account. Any Crypto Currency sold on the exchange could be funded back directly to the customer's private account instantly and then these funds may be withdrawn from the account which can be accessed worldwide via a Visa Debit Card issued on behalf of the customer, or other traditional means of fund transfer, SEPA, EFT, ACH, Swift, etc.

    A Private Individual/Corporate International Fiat account in your control.
    Support for more than 30 different Fiat Currencies; USD, JPY, EUR etc. transact in your own currency.
    The option for a Visa Debit Card with the ability to withdraw funds at any ATM worldwide, purchase goods and services on line and pay bills.
    Several open Exchange platforms to convert Fiat Currency to any Crypto Currency and vice versa.
    Corporate Merchant accounts for Companies that deal directly with the Crypto Currency economy and are in need for a Fiat Currency account to manage their own operations”

All of these services will be available for Dash users, merchants and service providers. For example, this will allow services like Node40 to have a safe and compliant way for users to move FIAT directly into running masternodes.

Coinapult Integration

As part of this project, Dash will be integrated to Coinapult. Coinapult is a Bitcoin wallet service provider. Coinapult offers online consumer and B2B services to a global market. It was founded in 2012 by Ira Miller and Erik Voorhees and was the first to offer bitcoin e-wallet services by email and SMS. In 2014, Coinapult was first to market with Locks, a service to help mitigate the price volatility of Bitcoin.

Ira Miller sold Coinapult in 2015 and remains an external advisor and provider of backend tools. Current CEO of Coinapult Gabriel Sukenik is leading the company to new frontiers, they recently integrated with Mycelium to offer Bitcoin locking services directly from the Mycelium app.

Coinapult will be integrating Dash to all of their existing services which include fully convertible USD accounts for DASH. Dash will be the first crypto-currency, other than Bitcoin, to be added to this service.

More partners are expected to join this consortium over time. For example, Mycelium is already integrated with Coinapult. With Dash’s being added to Coinapult too, that brings us one step closer to convertible to USD mobile accounts.

Open Source Backend Tools Development

In order to make these partnerships and integrations possible, Deginner will develop the following open source tools for DASH.

· Multi-sig wallet and cosigner hosting (e.g. Deglet, Copay)
· Broker (e.g. Coinapult, Shapeshift)
· Bid/Ask exchange
· Traditional financial services (e.g. Crypto Capital, Vogogo)
· Market makers and liquidity providers

Multi-sig Wallet

A multi-signature wallet with client side key storage. Designed for white-labelling, the multi-sig wallet serves as the basis for a number of user interfaces, including the exchange. Built using React.js, the wallet will be ready to be transformed from a web app into a native app for Android, iOS, as well as a browser extension for Chrome or Firefox. It is the swiss army knife of cryptocurrency app development.

Cosigner

An automated cosigning service, this compliments the multi-sig wallet, Trustless Exchange, and other multi-signature features. Cosigning can be configured to meet custom criteria, such as request format, IP address, 2fa approval, and more.

Broker

Dash has specifically requested a broker service similar to Coinapult or Shapeshift. This will be available as an add-on to exchange, and can be made extremely low-trust from the first day of operations. Transactions will go in and out at almost the same time, but in between the broker will have temporary custody of funds. A fully trustless broker will be developed after the trustless exchange is complete.


Bid/Ask Exchange

Starting with at minimum a Dash-enabled fork of the stable wlox, the consortium will guarantee constant operation of a trustworthy exchange with a USD/DASH pair. This exchange will be integrated with banking partners, and include professional operators.

Planned for launch at the end of Q2 2016, the exchange will be a complete fresh start from wlox. The UI will be a custom fork, with the client-side key storage that entails. The exchange engine will automatically integrate with Crypto Capital, Coinapult, and others.

Tentatively planned for launch in Q4 2016, the next evolution will be a Trustless Exchange. In this version, the exchange will never have full custody of any funds, and will only host the orderbook and cosign. Both sides of the trade will be performed user to user, with each willing to trust the transaction instantly because of the exchange's cosigning. In the case of receiving Dash, InstantX will make this even easier, but the other party still needs instant trust verification.

Market Maker

Deginner's various trade bots and services will be put to work on Dash's exchange. These will ensure liquidity and a populated orderbook at all times. By default, they will initially keep roughly $10k at a time into the bots. Larger volume guarantees are possible with additional fees.

Investment

Total investment for this project is $ 42,500 USD, denominated in dollars and payable in Dash in monthly installments . The exchange rate USD/DASH will be taken on the day of each payment. This means that if the Dash prices goes up we would pay less Dash and if it goes down we would pay more Dash but the investment in USD will remain the same.

Not For Profit / No Transaction Fees

The operation of the exchange itself will be not-for-profit. Users will be charged no fees per transaction. Partners will make money through the fees they charge for FIAT deposits and withdrawals.


PERSONAL ACCOUNT
Minimum External Deposit or Withdraw $100
https://cryptocapital.co/fees.html

Other Benefits

All of the tools listed in the Open Source Backend Tools Development paragraph, will be put to use in the integration of Dash to the different partnering services, but will also come with the additional benefit that all tools are fully open source. Thanks to this any new crypto service that wants to use them or fork them to support Dash will be able to do so. We will have the reference exchange as a guaranteed result of the project but will also have the possibility of reusing these tools for other services in the future.

Current Status

Deginner has begun work, starting at the outside of the market and working in toward the center. The first stage (today) is connecting to the existing infrastructure by building standardized exchange clients. These are already being put to use in market making and trading bots, which will increase Dash's volume and orderbook depth. After the majority of the Dash market is covered by trading bots, a master bot will aggregate their volume and information into the fixed-price exchange service. This service will be available via API, similar to shapeshift.io, and will, at first, support a minimum of USD, BTC, and DASH.


Aggressive Timeline Estimate:

Today - Poloniex market making

1 week - Poloniex + Exmo or bitrex market making
2 weeks - Exmo, bittrex, and poloniex market making
3 weeks - unified Dash market bot
4 weeks - Dash broker service alpha
6-8 weeks - Dash broker service public beta
8-10 weeks - Integrate users of Dash broker service, like Lamassu operators


This project will also be supported by a formal contract, we are currently working on the details, should be signed and published within the next 30 days.


Additional Projects
Integration to AlphaPoint

As a result of the Satoshi Rountable we started conversations with Alphapoint. AlphaPoint is a white label exchange platform that provides a proprietary closed source exchange platform to different exchange operators around the world.


We have come to an agreement with AlphaPoint to add Dash support to their platform, this will make Dash easily available to all their exchange operators if they wanted to add a Dash pair to their exchanges. Alphapoint would notify their operators about the new Dash availability

This integration has a cost of $7500.00 USD

You can learn more about Alphapoint on their website: www.alphapoint.com

---

Thanks to Daniel Diaz for heading this project


legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
It's plain to see that Dash is a serious project, a champion of decentralization, the leading candidate to be the digital cash that Satoshi envisioned, the Internet of Money.

The delusion is strong here. The cult lord is charismatic indeed

No it's right, you just have to be able to read between the lines.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
I don't like iCEBREAKER because he said mean things about my Dash instamine scam.   Cry

My biography has nothing to do with Dash's history of "accidental" instamining, bad crypto, and HYIP snake oil marketing.

Tone Vays is onto your scam now.

Debora Meeks has been onto your scam since over a year ago.

The Dash-Is-A-Scam narrative is set in stone.  You'd have an easier time reorganizing the last 10,000 Bitcoin blocks than changing it.   Smiley
legendary
Activity: 952
Merit: 1000
Stagnation is Death
It's plain to see that Dash is a serious project, a champion of decentralization, the leading candidate to be the digital cash that Satoshi envisioned, the Internet of Money.

The delusion is strong here. The cult lord is charismatic indeed
Pages:
Jump to: