Community Update #4 - 4/15/16 - Wallet updates and Blocksize change
1) 1.0.10 - New Source and Wallet Links have been updated within the OP
2) New GUI wallet also available
3) Block size change from 20,000 to 100,000. Hard fork when 90% mine with the latest update. Will fix the issues with the unconfirmed transactions.
4) Some Eye Candy: Stats and Charts - http://democats.org/charts/?name=dashcoin
5) Contacting Exchanges
Community Update #3 - 7/01/15 - SUPPLY REDUCTION
WALLET UPGRADE DEADLINE IS JULY 15.
1) Summary of Supply Change
2) Upgrade Deadline
3) Wallets
4) Miners
5) Pools
6) Exchanges1) Supply Change will take effect as of today, July 1st 2015. New wallets will reflect the change of 10,000 to 1 reduction. Example, if you have 1 Million DSH in your wallet, it will now display as 100 DSH. At the current market price, 1 DSH should now be worth 0.000006 BTC (.003 XMR) instead of 0.0000000006 BTC (0.00000030 XMR)
2) All pools must upgrade by the 15th or will removed from OP.
3) Pools that have upgraded, please send a PM and you will be listed within the OP. Pools will be listed in the order of percent donated to Dashcoin project.
4) New Source and wallets download links have been updated. (bounty will be set for 32bit wallet)
5) Download links for working miners has been updated.
6) In addition to Poloniex, we are contacting other exchanges to list DSH.
Community Update #2 - 4/20/15
1) Supply Reduction
2) Poll on Reduction Ratio
3) Donation Funds and Bounty List.
4) Promotion and marketing.
5) Recruitment
6) Community feedback and participation
7) Dash philosophy.
Supply Reduction:There are a few reasons why we think supply reduction is good for Dashcoin and would like community feedback on this subject:
1) Currently Dashcoin is only present in one exchange, and trading only in XMR market (kudos to Poloniex). This is a dangerous situation since a decentralized currency can only survive if there is a functioning network. For the number of Dashcoin adopters to grow they need incentives and, to be honest, there is not much to do yet, except trading.
2) Another problem is that since DSH is only pegged with XMR, this only seems to hurt DSH. If XMR price goes up, people sell DSH for XMR, if newcomers want to invest in DSH, they have to buy XMR first, in process moving the price up of XMR making DSH more expensive, hence people sell more DSH since XMR price went up and the cycle goes on. DSH need to be pegged with BTC and other alts in order for it to grow.
3) Price is at subtoshi, which makes it harder to get it listed on various exchanges due to limitation of decimal places supported by exchanges. There is only 1 exchange (hitbtc.com) we know of that supports subtoshi decimal places. Currently Dashcoin is high up on the hitbtc voting list, but we don't anticipate it getting listed unless there is some drastic push for it.
4) By reducing supply, each coin value will increase and in process put the price above subtoshi level. This will also reset the order books and force the market to go through a price discovery phase.
5) Will make it much easier to get Dashcoin listed on other exchanges since the price will be above 1 satoshi. For obvious reason, one of the goals is to get it listed on other exchanges as well besides Poloniex. Many thanks to Poloniex, it has been a great home for DSH and hope it will continue to be. Note: DSH has always had a high volume on XMR market within Poloniex.
6 ) A poll has been put up in regards to supply reductions, please vote.
Poll on supply reduction: 1) 10,000 to 1
2) 1,000 to 1
3) Do not reduce supply
Donation Funds and Bounties:So far we have received over 250+ Million Dash in donations, WOW. Thank you all for the donations, it will be put to a good use.
We encourage all pools to donate portion of their fees to Dash coin project. Pools will be listed in order of % donated from fees. Pool owners that are MIA or/and “dead” pools will be removed from the list within the OP.
If you are planing to mine via Minergate, please use the following referral link to sign up
https://minergate.com/a/cee8289eb605cd52We will reach out to the community for feedback on the usage of Donation funds. We will also compile a list of bounties, prioritized based on community feedback.
Promotions, Social Engagement and Marketing:We are looking for someone to manage and coordinate this area for Dash coin.
Please contact me or papa_lazzarou via BCT PM or on IRC #Dashcoin if interested.
Recruitment:If you think you can be an asset to Dash. Please contact papa_lazzarou or myself.
We have also contacted various individuals who we think will be very resourceful.
Community feedback and Participation:We are always looking for feedbacks, comments, and suggestions from the community. However, what is more important is participation at any level.
"Ask not what Dash can do for you, ask what you can do for your Dash."
Dashcoin Philosophy:First a little background: Dash coin is a perfect mirror of Bytecoin, which was the first implementation of the CryptoNote technology. A new algorithm that is double-spend proof, block-chain analysis resistant, provides smooth emission with adaptive parameters, multi-signature transactions and offers real privacy.
However, unlike Bytecoin’s 82+% premine, DSH had a fair launch with no premine.
(please visit
https://cryptonote.org/ for more details on CryptoNote technology)
Original dev (slb) took a new approach to insure longevity of this coin. By mainly removing direct development and developer out of the picture by mirroring bytecoin’s code base. which is automatically updated and is being developed by more qualified individuals. This will prove to have several advantages for Dash as some of them are summarized below.
1) Not to reinvent the wheel - Based on proven technology that works.
2) Removes costs associated with the continuous development and upkeep of a coin.
3) Immune to developer going missing (main reason for the downfall of most coins)
4) More time and resources can be spent for Dash and not on Dash.
5) Automated processes for the maintenance and upkeep of Dash.
6) First Autonomous, decentralized cryptocurrency.
DASH Community update1)Introduction
2)Current state of DASH
3)Short term action plan
4)Projects
5)Conclusion
Introductionpapa_lazzarou and I (kushedout) have both been part of crypto community for a while now and have been DASH supporters since its early days. Papa_lazzarou and I are both active on IRC and with the help of others, kept the channel alive and active to see it slowly grow and would like to keep the momentum going. This is not a community takeover or rebranding. We are couple of Dashcoin community members ensuring that Dash coin related services and information remains available for the community. Just to clarify, DASH coin does not require an active development or developer. There is nothing to fix or update. All updates/upgrades will be performed automatically. Dash is decentralized, in every sense of the word. However, there are plans and side projects that are currently in development by the original dev and other community members that Dash coin will directly benefit from (see related projects below).
Current State of DASHAs all of you already know by now, DASH coin name is now being used by DarkCoin.
They have aquired Dashcoin.net and twitter acount informaiton, etc.. from the original Dev, believing this would give them the rights to use DASH coin name. We don't blame the original dev for selling a domain name and account information to make extra profit for himself. There is, however, one little problem: DASH COIN IS NOT FOR SALE. The purchaser forgot the meaning of decentralized, and we are sure DASH community will agree that DASH coin belongs to no individual, but to the whole community, and the community didn’t agree on name change or rebranding. Maybe it was a poor attempt by Dark coin to pump the price or get some attention, but it was meaningless as they can not buy something that can not be sold, a decentralized blockchain and open source software as is, in this case, DASH coin. How they choose to waste their money is their problem, as the True DASH coin is very much active with the same name and will continue forward with new energy behind it.
Its time for DASH coin community to remind Dark coin, and everyone else, the true meaning of decentralized crypto currency.
Short Term Action PlanGain control of #Dashcoin IRC - Completed
Gain control of Dashcoin.info - Completed
Register Dashcoin.Slack - Completed
Update OP to point to the new ANN thread - Completed
Update new website - Completed
Fork current Repo - Completed
Add binaries to repo - Completed
Apply new Bytecoin updates to DASH - Completed
Updated GUI Wallet - In Process
Reverse split 10,000:1 - Completed
Get Poloniex to list it under both XMR and BTC market - In Process
Get it listed on other Exchanges - - Completed
DASH Related ProjectsWeb Wallet
Cryptonote Generator
Multi CryptoNote Wallet
Web/Mobile Dash Games
ConclusionLooking for Feedbacks/Suggestions.
-=-=-=- THE TRUE DASH-=-=-=-
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