Topic: Dash: The Future Internet Of Money? - page 8. (Read 15542 times)

That's correct, who can tell?

Distribution cannot be asserted with confidence in any cryptocurrency and so cannot be used as a negative when making "legitimacy" comparisons. It's really simple.

Edit: Except in the case of bitcoin, just a handfull of "known" people

Very true but I doubt it will be settled in 2 years time, its quite likely the number of useful chains will likely grow exponentially at some stage as they carve out niches for themselves. Dashes target in that is simply digital cash, the key points that make up "money" at the core with ways of making it useful on top but you could see chains for every damn thing before too long, right down to every item on a supermarket shelf but things like company shares will probably be one of the first to move.

EDIT: The properties that make up money:
http://money.visualcapitalist.com/infographic-the-properties-of-money/

Its used as an infographic in Toa's excellent article linked in the OP:
https://www.rebelmouse.com/dashnation/the-internet-1715527827.html

That's incorrect. What I'm saying is that due to the circumstances of the instamine, who can tell? Assuming that the dash numbers are all separate miners is absurd, but it's the only way you could assert that dash has an equal to, or greater than, distribution as Bitcoin in the first year--not that that in itself makes dash well distributed (many hate Satoshi's % and will point to that as to why BTC hasn't seen mass adoption).

Also, you should probably stop pointing to my name, as yours (and your brainfart assertions) leads one to believe that you are describing yourself---the day nuance equals generalization, is the day you'll have one up on me.

It is not possible predict, which will be Nr.2 crypto after Bitcoin. There are a lot of altcoins nowadays, market will make decision by itself in next several years. 

So you are saying more people (not your kind of miners   ) mined bitcoin in the first year than dash in the first 48h?
Hint: A yes or no is enough  

PS: you just keep confirming your alias over and over.... it's kind of boring after a while 

You could have just said coffee/water-cooler fantasy.

Assuming that each miner is an individual means you are gullible, stupid, ignorant or are conveniently rationalizing the circumstances that equate to a positive outcome for your investment--soooo.....  

Do you really think anyone is naïve enough to believe this rationale? I mean anyone outside the gates of scientology or dashland?

I think not. More people (diferent people? decentralized people?) mined Dash in the first 48h than in bitcoin's first year soo... yeah  

Its covered throughout the Evolution whitepaper and some parts of that are available now with the (experimental) Electrum Dash wallet:
https://www.dash.org/binaries/evo/DashPaper-v13-v1.pdf#h.yptb7wvfe8g1
EDIT: https://www.dash.org/binaries/evo/DashPaper-v13-v1.pdf#h.j19rjrbvfviu


Nothing in that paper really goes into detail on "things" because in short that's a buzzword for the programming concept of objects and programmers often have a blindspot when it comes to explaining things they take for granted in programming to none programmers (the "user" in those links is a programming object). That applies from top to bottom with the hype around the internet of things, get to grips with the programming concept of objects and "things" just becomes a (slightly irritating) different term for them.

A year versus a day? I think your comparison is 364X off.

You mined bitcoin in the first year or were you sleeping? I was...  

You just said absolutely nothing about how dash actually plans to integrate with IOT--explaining IOT in vague manner and implying that (somehow) dash will be able to work with IOT is about as useful as me vaguely explaining spaceflight and intimating that with a 3d printer I could build a spaceship--possibly, someday.


Is there a whitepaper? Or is this coffee/water-cooler fantasy?

Yeah... not much point trying to have a sensible discussion with Anonymint around, he seems to be capable of having an argument all by himself in some other dimension where the contents of that post has something to do with buzzwords. Not sure why I even bother replying, posters living in divergent realities is a moderation issue.

Fwiw and to try to get back to at least some connection with the thread topic terms like "the internet of things" piss me off nearly as much as "Bitcoin 2.0" but that's because they're so frequently misused. The idea behind the internet of things is immediately recognisable to any programmer as it's the programming concept of "objects" applied to real world things, their interaction adds a world of complexity to regular programming practices but the principles are just the same and a common platform for handling them is the only real first step that can be taken to develop them.

That's the point of things like Etherium and IOTA, the "world computer" idea but they may be trying to do too much to soon, it's obviously the direction things will take but the route that will take isn't really clear from here. For now the focus with Dash is simply the entities, mainly as the users and the means of handling the interactions we know are needed and with room to expand those interactions in whatever direction they may take. That doesn't mean Dash intends to compete with Etherium btw, it's just a no-brainer that the programming concept of objects will extend to real world things and the obvious first candidate for that is real world users.

But not for those using windows or were asleep or couldn't get the necessary equipment in Evan's 24 hour window--though he only needed a few of those hours to get enough to equate unfair, but my guess is he only planned for the sleep window and the rest was bonus (like the later emissions cut).

It was available to anyone with:

- A CPU
- Linux SO
- Internet connection


IQ much?

Remote control Moo? No thanks Hard to know where the IoT will will go, there's bound to be a few myspaces before it settles down but the details on identities Evan posted in the Dash announcements thread are a damn good starting point, they can be a person, a company, a cow, a washing machine, just about anything that needs to interact with other things in the virtual world.

And at least initially that's all that's really needed, it could be done just as simply with a Bitcoin address as an identity but that means practically everything else has to be done externally while Dashes second tier can handle them in a unified and integrated manner and allow almost any degree of complexity in entities and their interactions and could extend beyond that to interaction with other systems.

As far as I can see that's the next phase of crypto, the interaction between chains and networks, tying them together and presenting that seamlessly to the user. Dash is pushing hard down that road, initially with the current drive towards integration with the legacy financial systems but entities and Dashes second tier can take that to a whole new level and allow interaction with just about anything in the virtual world via the masternode network and present that in a simple and clean manner through the DAPI. No need to download even a lightweight client, anything connected to the internet can access Dashes blockchain and second tier services.

The game-changer is going to be Evolution. Imagine, a decentralized API that allows instant access to your DashPay Wallet from anywhere with Internet access. The same wallet, no more having one on your computer, your phone, your laptop, etc.

Easy to read usernames will replace long complicated addresses, and the decentralized and secure second-tier network will host the blockchain and provide a platform for a multitude of third party apps.

Evolution prototype in action: https://youtu.be/rcHC40YmS0g

Got any questions? Feel free to ask! If I don't know the answer, I promise you I will find it.

#DashNation #IoM

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If any of you reading this are interested in earning some passive income and supporting the decentralized Dash network in the process, consider starting a masternode.

As mentioned before, masternodes are the key to Dash's many innovations. They perform all of the open-sourced functions of the Dash network. To start a masternode, you require 1000 DASH. The reason for this is to prevent Sybil attacks. But, in return for your collateral, you receive a 45% cut of a block reward each time it's your turn. Right now, the rate of return (per year) on Masternodes is about 11%.

You control your Dash, and to stop running a node, simply send the funds from your masternode address.

To find out more information on masternodes, I recommend this site.

http://dashmasternode.org/

#DashNation #IoM

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Open Bazaar integration is very much on the radar of some developers in Dash Nation. For a free marketplace such as OB, having a private, instant retail-ready form of payment would make a lot of sense.

I am in communication with the developers of Open Bazaar, and there is a real push to see this happen.

https://dashtalk.org/threads/open-bazaar-integration.2045/page-13#post-88155

If you would like more info, or maybe if you have dev skills to help us, please let me know.

Okay guys, time to get serious and get back on topic : Internet of Things .. what does it look like and how can it help Dash ?

Well, appearently considerable progress has been made in Japan recentely of which i think Dash can take real advantage of as its target
audience is spread all over this globe (we even have a large population hanging around in my own country).

So without further ado, i proudly present to you all : http://recode.net/2016/04/09/iot-internet-of-things-cows/

   

Thanks for mentioning that. The www.dashndrink.com InstantX Soda Machine is s great example of Dash's open-sourced decentralized tech in action. Great things can be accomplished by this protocol-level form of instant transactions. Dash's second-tier network makes this and other features possible.

Dash Soda Machine in action: http://youtu.be/e7rnhBQL1nM

Remote InstantX purchase by Yours Truly from Canada to Miami: https://youtu.be/kO7CEq80ASs

#DashNation #IoM

@qwizzie: That's so true!

looks like we found a common ground here at last : cryptobabes are hot, whoever they represent.