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Topic: [DSH] Dashcoin (Cryptonote) UPDATE: New source/wallets+GUI - 1.0.10 - page 47. (Read 158015 times)

legendary
Activity: 3136
Merit: 1116
Voted for 18.4M max too. Less is more :-)

Then why not 1.84M, or 184k, or even 0.184 coins - there will never even be a whole coin!

Seriously though, I guess if there's going to be a change, I'd vote for 18.4M, just to put it close to other coins that people are familiar with like BTC, XMR, DRK/DSH, etc. I'd kind of prefer to keep it where it is though, there's something nice about betting 100000 DSH on a single hand of blackjack in IRC that I find appealing, definitely not going to do that anymore if price is close to 500 sat Cheesy
hero member
Activity: 886
Merit: 504
Voted for 18.4M max too. Less is more :-)
legendary
Activity: 3444
Merit: 1061
i support reducing the coin supply to have DSH - BTC market.

dev, i suggest presenting coin reduction in a more easy to understand fashion...

10,000 to 1
1000 to 1

will make the total number of coins from 184.46 billion to? and how it will be implemented? if i have 10,000 coins, a wallet update will make my coins become 1?

in current prices where would that place DSH in BTC equivalent in satoshis (10,000 to 1 and 1000 to 1)

If I understand what is being proposed correctly the only change would be how the numbers are displayed. In the code and on the blockchain everything is stored in atomic units, and the number of atomic units in each wallet would not change, only how it is displayed. So instead of 108 atomic units being displayed as 1.0 coins, 1012 atomic units would be displayed as one coin (108 atomic units would be displayed as 0.0001 coins). This would be put the coin supply at around 18 million and in line with XMR, BBR, etc. (or BTC for that matter).



so that would make

10,000 to 1, 18.4 million and 1000 to 1, 184 million

if i'm not mistaken at current XMR market price

at 184 billion   0.00000016 XMR 0.00000000048 BTC-0.048 satoshi
at 184 million  0.00016      XMR 0.00000048 BTC---- 48 satoshi
at 18.4 million  0.00160     XMR 0.0000048 BTC-----480 satoshi

since i prefer 184M over 18.4M, the question i would like to ask from dashcoin community, is 48 satoshi far enough from 1 satoshi?


As usual, smooth is spot on. To make things clearer, this won't magically make your coins worth more. Whether you sell 10000 dsh at 0.48 sat, 10 at 480 or 1 at 4800 you get the same number of satoshis. What we expect is for this to make it possible to land dash in more exchanges.

yes, i know, what i'm trying to say is if we are trading at 48 satoshis (184M max coins), are we running dangerously close to 1 satoshi? because 1 satoshi is pretty much a tombstone. so i'm a bit inclined to choose 18.4M max coins.
hero member
Activity: 649
Merit: 500
i support reducing the coin supply to have DSH - BTC market.

dev, i suggest presenting coin reduction in a more easy to understand fashion...

10,000 to 1
1000 to 1

will make the total number of coins from 184.46 billion to? and how it will be implemented? if i have 10,000 coins, a wallet update will make my coins become 1?

in current prices where would that place DSH in BTC equivalent in satoshis (10,000 to 1 and 1000 to 1)

If I understand what is being proposed correctly the only change would be how the numbers are displayed. In the code and on the blockchain everything is stored in atomic units, and the number of atomic units in each wallet would not change, only how it is displayed. So instead of 108 atomic units being displayed as 1.0 coins, 1012 atomic units would be displayed as one coin (108 atomic units would be displayed as 0.0001 coins). This would be put the coin supply at around 18 million and in line with XMR, BBR, etc. (or BTC for that matter).



so that would make

10,000 to 1, 18.4 million and 1000 to 1, 184 million

if i'm not mistaken at current XMR market price

at 184 billion   0.00000016 XMR 0.00000000048 BTC-0.048 satoshi
at 184 million  0.00016      XMR 0.00000048 BTC---- 48 satoshi
at 18.4 million  0.00160     XMR 0.0000048 BTC-----480 satoshi

since i prefer 184M over 18.4M, the question i would like to ask from dashcoin community, is 48 satoshi far enough from 1 satoshi?


As usual, smooth is spot on. To make things clearer, this won't magically make your coins worth more. Whether you sell 10000 dsh at 0.48 sat, 10 at 480 or 1 at 4800 you get the same number of satoshis. What we expect is for this to make it possible to land dash in more exchanges.
legendary
Activity: 3444
Merit: 1061
i support reducing the coin supply to have DSH - BTC market.

dev, i suggest presenting coin reduction in a more easy to understand fashion...

10,000 to 1
1000 to 1

will make the total number of coins from 184.46 billion to? and how it will be implemented? if i have 10,000 coins, a wallet update will make my coins become 1?

in current prices where would that place DSH in BTC equivalent in satoshis (10,000 to 1 and 1000 to 1)

If I understand what is being proposed correctly the only change would be how the numbers are displayed. In the code and on the blockchain everything is stored in atomic units, and the number of atomic units in each wallet would not change, only how it is displayed. So instead of 108 atomic units being displayed as 1.0 coins, 1012 atomic units would be displayed as one coin (108 atomic units would be displayed as 0.0001 coins). This would be put the coin supply at around 18 million and in line with XMR, BBR, etc. (or BTC for that matter).



so that would make

10,000 to 1, 18.4 million and 1000 to 1, 184 million

if i'm not mistaken at current XMR market price

at 184 billion   0.00000016 XMR 0.00000000048 BTC-0.048 satoshi
at 184 million  0.00016      XMR 0.00000048 BTC---- 48 satoshi
at 18.4 million  0.00160     XMR 0.0000048 BTC-----480 satoshi

since i prefer 184M over 18.4M, the question i would like to ask from dashcoin community, is 48 satoshi far enough from 1 satoshi?
legendary
Activity: 2968
Merit: 1198
i support reducing the coin supply to have DSH - BTC market.

dev, i suggest presenting coin reduction in a more easy to understand fashion...

10,000 to 1
1000 to 1

will make the total number of coins from 184.46 billion to? and how it will be implemented? if i have 10,000 coins, a wallet update will make my coins become 1?

in current prices where would that place DSH in BTC equivalent in satoshis (10,000 to 1 and 1000 to 1)

If I understand what is being proposed correctly the only change would be how the numbers are displayed. In the code and on the blockchain everything is stored in atomic units, and the number of atomic units in each wallet would not change, only how it is displayed. So instead of 108 atomic units being displayed as 1.0 coins, 1012 atomic units would be displayed as one coin (108 atomic units would be displayed as 0.0001 coins). This would be put the coin supply at around 18 million and in line with XMR, BBR, etc. (or BTC for that matter).


legendary
Activity: 3444
Merit: 1061
i support reducing the coin supply to have DSH - BTC market.

dev, i suggest presenting coin reduction in a more easy to understand fashion...

10,000 to 1
1000 to 1

will make the total number of coins from 184.46 billion to? and how it will be implemented? if i have 10,000 coins, a wallet update will make my coins become 1?

in current prices where would that place DSH in BTC equivalent in satoshis (10,000 to 1 and 1000 to 1)
hero member
Activity: 574
Merit: 500
Second Dashcoin community update has been posted.
https://bitcointalksearch.org/topic/m.11049578



Poll has been put up on supply reduction, please vote.


Congratulations for the excellent job Wink

edit: I have just voted 10.000:1
newbie
Activity: 39
Merit: 0
Second Dashcoin community update has been posted.
https://bitcointalksearch.org/topic/m.11049578



Poll has been put up on supply reduction, please vote.
legendary
Activity: 3444
Merit: 1061
you can update dashcoin gui v1.1.1

just overwrite dashcoind.exe with version 1.0.3.387

simplewallet.exe remains version 1.0.2.358

gui is not compatible with latest simplewallet.exe version 1.0.3.387

the advantages of using GUI aside from point and click and transaction history is that your wallet can automatically update your balance account without refreshing even though the simplewallet.exe version is 1.0.2.358
legendary
Activity: 3444
Merit: 1061
people
how to withdraw money from a purse?
Score hanging all ...
Sorry for the English



are you sending coins to another wallet?

i noticed you are using comma " , "

i think that is causing the invalid amount error
legendary
Activity: 3444
Merit: 1061


PM me with your wallet address i'll give you 10M  Wink

Can you give me some... Grin

yup. 10M sent  Wink

bytecoin gui wallet looks good, feels good..we could use that too  Cool

Thanks for DSH  Smiley

I think the bitcoin gui wallet is still closed source.

bytecoin?

such a waste of talent with the 82% premine.

In IRC they promised to release sources in several months.

several months is eternity to crypto, command line is still sufficient for now
newbie
Activity: 28
Merit: 0


PM me with your wallet address i'll give you 10M  Wink

Can you give me some... Grin

yup. 10M sent  Wink

bytecoin gui wallet looks good, feels good..we could use that too  Cool

Thanks for DSH  Smiley

I think the bitcoin gui wallet is still closed source.

bytecoin?

such a waste of talent with the 82% premine.

In IRC they promised to release sources in several months.
legendary
Activity: 3444
Merit: 1061


PM me with your wallet address i'll give you 10M  Wink

Can you give me some... Grin

yup. 10M sent  Wink

bytecoin gui wallet looks good, feels good..we could use that too  Cool

Thanks for DSH  Smiley

I think the bitcoin gui wallet is still closed source.

bytecoin?

such a waste of talent with the 82% premine.
hero member
Activity: 574
Merit: 500


PM me with your wallet address i'll give you 10M  Wink

Can you give me some... Grin

yup. 10M sent  Wink

bytecoin gui wallet looks good, feels good..we could use that too  Cool

Thanks for DSH  Smiley

I think the bitcoin gui wallet is still closed source.
legendary
Activity: 3444
Merit: 1061


PM me with your wallet address i'll give you 10M  Wink

Can you give me some... Grin

yup. 10M sent  Wink

bytecoin gui wallet looks good, feels good..we could use that too  Cool
hero member
Activity: 574
Merit: 500


PM me with your wallet address i'll give you 10M  Wink

Can you give me some... Grin
newbie
Activity: 28
Merit: 0

at support there is a chatbox IRC, you can log in there and ask for support..it is just stucked payouts, they can easily fix that.


Hello!

There was an issue with payouts on DSH.CryptoNight.net yesterday. Now it's ok. Please check your wallets.
https://bitcointalksearch.org/topic/m.11125458

Sorry for inconvenience.
hero member
Activity: 649
Merit: 500
OK, thanks.

But what is 184.46 billion?

~184 Billion or 18,446 Billion

In my mathematics, 18,446,744,073,709,551,616 = 18,446 Billion


Specifications

  • Algorithm: CryptoNote
  • Block time: 120 seconds (2 minutes)
  • Difficulty retargets each block
  • Block reward decreases each block according to the formula: BaseReward = (MSupply - A)/218,  where MSupply = (264 - 1) atomic units and 'A' is amount of already generated coins
  • One coin is divisible down to 8 decimal places (divisible up to 108)
  • Total coins: 18 446 744 073 709 551 616 atomic units (= 184.47 184.46 billion DSH)
 


There are 18 446 744 073 709 551 616 atomic (indivisable) units as defined in the cryptonote protocol. Dashcoin is defined as having 8 decimal places presently.
That's 18446744073709551616 / 100000000 = 184467440737.09551616 Coins.

This is 184.47 billion according to the short scale.

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