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Topic: Monero, Dash, or Zcash? Let's argue about it. - page 4. (Read 13132 times)

legendary
Activity: 2548
Merit: 1245

Due to the limited number of full nodes (centralization) and the rather large blockchain size Monero will hit the exact same problem
as Bitcoin : full nodes will be dropping more and more due to increased blockchain size as there is no financial motivation for users to keep them running.



My Monero blockchain is 8.5gb  what is rather small or even the smallest of the ones you mentioned.
Number of full nodes grow every day. So I guess there is a financial or some other kind of motivation to start running full nodes. Or would be the way around.

Problem is that Monero's blockchain which will increase in time (and explosively increase if we are talking about digital cash usage), is only really to be used in combination
with SSD drives as the HDD drives are appearently unuseable with Monero (blockchain then just takes ages to sync or wont sync at all). Storing a growing blockchain on SSD's
forms a risk with power outage, where one risks losing all data. Besides it is also pricey to use SSD drives for blockchain storage, compared to HDD drives.  

Dash has no problem with storing its blockchain of a measly 2.4 Gb on HDD drives and the small footprint of its blockchain size enables it to run on practically anything :
Rasberry Pi, VPS 15Gb servers, from servers at home  .. you name it.

    
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
If we were to compare Dash with Monero and Zcash then not only are Monero and Zcash less decentralized in its governance system
but they also only focus on one aspect, which is the private aspect. Dash has much more to offer then just private transactions.

And we're conveniently forgetting that the governance system of Dash is fatally flawed and not in any way decentralized as already explained by iamnotback/anynomint/etc numerous times. In short: masternodes fueled by the instamine generates more dash -> more masternodes leading to centralized governance.

Monero also has a dynamic blocksize and tail emission allowing for more stable scaling than the alternatives. The dev team is also one of the most transparent and competent in crypto space. It is only in your uninformed opinion that "they also only focus on one aspect".

Not really as Dash has a yearly 7% cut in blockrewards (of which one is coming up next month), which means both masternodes / miners and our decentralized budget
will get less and less blockrewards / budget over time. This leads to more decentralization.
 

How would that even begin to lead to more decentralization? You don't even know what you're talking about. It's already too late and this won't reverse the existing centralization..

Simplify it.. which Monero shill holds the password to the Github account ?
..which is under jurisdiction of US law by the way.
If they request data ..it will be given.
Same goes for the 90% of all Monero coins being traded on Poloniex with Picture ID.

Legal compliance is in effect.. "it is too late" Wink
It's already happening sweety LOL

Don't bother with the tunnel vision games here trying to debate one simple part of the whole picture.
While selling your bags sitting on Poloniex to noobs showing up.
Trying to pander to them is a fools game.
Adoption is where it is at.. and ANON is doomed in that respect.

If you guys can not see the larger picture then tough titty.
You will be steam rolled later..
legendary
Activity: 2730
Merit: 1288

Due to the limited number of full nodes (centralization) and the rather large blockchain size Monero will hit the exact same problem
as Bitcoin : full nodes will be dropping more and more due to increased blockchain size as there is no financial motivation for users to keep them running.



My Monero blockchain is 8.5gb  what is rather small or even the smallest of the ones you mentioned.
Number of full nodes grow every day. So I guess there is a financial or some other kind of motivation to start running full nodes. Or would be the way around.



@BitWhale

One common thing of this 3 coins you mention is that they run as Proof of Work. Beside that they are quite different. ByteBalls are not even PoW but PoS, so you need to try to find better coins to compare it with.
sr. member
Activity: 454
Merit: 250
This industry is pure fiction
Anonymity is NOT wanted by the general public (but this industry will NEVER listen). Using it as a USP for a crypto is just tightening the noose around it's neck.

Monero will not emerge from darkweb usage and the more anonymous it becomes the more underground it will be driven. Soon Monero will be seen as another drug crypto. BTC is moving away from that but Monero's soul has been bought and it's become the anonymous BTC replacement for nefarious activities via AlphaBay. In return, Monero holders can now claim "real world usage" and lots of bagholder profits.

Read Faust

Advice for all cryptos. Stop with all the tech crap and start building proper tools for the general public to use. The killer crypto app will be the app that the public start downloading and using (yes, I'm stating the obvious). They will not have ANY INTEREST in the tech behind it as long as it works.

As long as we keep comparing dick sizes in terms of tech we will remain in this forum posting nonsense and arguing amongst ourselves.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
any coin that has not been around for at least a year or two can not be compared with those coins that have been around for a very long time, kept the price up, and have been battle hardened. i am talking about Zcash, you should not even compare it with big coins like Monero or Dash. let it stay around for at least a year and if its price was still above $5 then we can talk Smiley

Wrong dash is a known proven scam coin it should not be compared to coins that are not proven to be a scam

https://bitcointalksearch.org/topic/why-the-darkcoindashdashpay-instamine-matters-999886

https://bitcointalksearch.org/topic/scam-darkcoin-instamine-2-millions-drks-50-of-darkcoin-in-circulation-560138

https://bitcointalksearch.org/topic/darkcoin-now-known-as-dash-big-scam-lets-take-a-closer-look-559028

https://bitcointalksearch.org/topic/darkcoin-aka-dash-the-biggest-ongoing-scam-in-crypto-995710

https://bitcointalksearch.org/topic/dash-aka-darkcoin-victim-resources-999084
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
any coin that has not been around for at least a year or two can not be compared with those coins that have been around for a very long time, kept the price up, and have been battle hardened. i am talking about Zcash, you should not even compare it with big coins like Monero or Dash. let it stay around for at least a year and if its price was still above $5 then we can talk Smiley
legendary
Activity: 2548
Merit: 1245
If we were to compare Dash with Monero and Zcash then not only are Monero and Zcash less decentralized in its governance system
but they also only focus on one aspect, which is the private aspect. Dash has much more to offer then just private transactions.

And we're conveniently forgetting that the governance system of Dash is fatally flawed and not in any way decentralized as already explained by iamnotback/anynomint/etc numerous times. In short: masternodes fueled by the instamine generates more dash -> more masternodes leading to centralized governance.

Monero also has a dynamic blocksize and tail emission allowing for more stable scaling than the alternatives. The dev team is also one of the most transparent and competent in crypto space. It is only in your uninformed opinion that "they also only focus on one aspect".

Not really as Dash has a yearly 7% cut in blockrewards (of which one is coming up next month), which means both masternodes / miners and our decentralized budget
will get less and less blockrewards / budget over time. This leads to more decentralization.

Next question please.
 

There seems to be around 4196 masternodes for DASH right now. The issue I see is that nobody knows how many MN each participant has. There maybe people with 100 or more MNs and so the governance could be extremely biased without there being any way to monitor or to assess this. With regards to cash. Cash is anonymous, only the payer and the payee knows the amount and what it is for and know each other, so this is as close to Monero as you can get once Monero forks in RingCT. At that point Monero will be as close to cash as any system and more so than DASH IMO.

Its actually 4220 (http://178.254.23.111/~pub/masternode_count.png), but who is counting 24K dash more or less ...
Let me ask you some simple questions : how many full nodes does Monero currently have running ? and how big is their blockchain size ?

Know the answer to those two questions and you will see why Monero will not be able to support digital cash like dash is striving to do.
 

I was going for unique IPs
Total Masternodes: 4229 = 4224 actives + 5 inactives [4197 unique IPs] (Last refresh: Sun Jan 01 2017 11:42:04 AM)

but this is really besides the point. The point is that I know that some people got a lot of MNs some time ago when DASH price was significantly lower than today. My only point re. MNs is that you do not know who is running them and how many. Myabe the FBI is running 100? Who knows, right. And why when asked do the DASH team not consider implementing zk-SNARK or similar?

Anything that can increase our privacy, while maintaining our open-ledger system like Bitcoin has will be looked into. But unfortunetely zk-SNARKS will lead to a closed ledger,
which means Dash can not continue with the route towards Dash Evolution and mainstream adaption (as that requires compatability with Bitcoin's open ledger model).    
legendary
Activity: 2548
Merit: 1245
If we were to compare Dash with Monero and Zcash then not only are Monero and Zcash less decentralized in its governance system
but they also only focus on one aspect, which is the private aspect. Dash has much more to offer then just private transactions.

And we're conveniently forgetting that the governance system of Dash is fatally flawed and not in any way decentralized as already explained by iamnotback/anynomint/etc numerous times. In short: masternodes fueled by the instamine generates more dash -> more masternodes leading to centralized governance.

Monero also has a dynamic blocksize and tail emission allowing for more stable scaling than the alternatives. The dev team is also one of the most transparent and competent in crypto space. It is only in your uninformed opinion that "they also only focus on one aspect".

Not really as Dash has a yearly 7% cut in blockrewards (of which one is coming up next month), which means both masternodes / miners and our decentralized budget
will get less and less blockrewards / budget over time. This leads to more decentralization.

Next question please.
 

There seems to be around 4196 masternodes for DASH right now. The issue I see is that nobody knows how many MN each participant has. There maybe people with 100 or more MNs and so the governance could be extremely biased without there being any way to monitor or to assess this. With regards to cash. Cash is anonymous, only the payer and the payee knows the amount and what it is for and know each other, so this is as close to Monero as you can get once Monero forks in RingCT. At that point Monero will be as close to cash as any system and more so than DASH IMO.

Its actually 4220 (http://178.254.23.111/~pub/masternode_count.png), but who is counting 24K dash more or less ...
Let me ask you some simple questions : how many full nodes does Monero currently have running ? and how big is their blockchain size ?

Know the answer to those two questions and you will see why Monero will not be able to support digital cash like dash is striving to do.
 

Currently about 533 full nodes at around 16 GB.
Now i would like to see your technical analysis why Monero would not be able to support digital cash as you understand it  Roll Eyes

Its very simple :

https://www.ethernodes.org/network/1
Ethereum nodes (incl all wallets) : 4635

https://coin.dance/nodes#share
Bitcoin Core Nodes : 4630

http://178.254.23.111/~pub/masternode_count.png
Dash Full nodes : 4220

https://monerohash.com/nodes-distribution.html
Monero Full nodes : 533

Due to the limited number of full nodes (centralization) and the rather large blockchain size Monero will hit the exact same problem
as Bitcoin : full nodes will be dropping more and more due to increased blockchain size as there is no financial motivation for users to keep them running.

Also take into account that trading of Monero takes place purely on Poloniex (centralization & vulnurability to manipulation) and you will have a very centralized
Monero with very real problems on how to upscale to handle all those million and million of transactions that digital cash will bring with it.

  
hero member
Activity: 693
Merit: 508
If we were to compare Dash with Monero and Zcash then not only are Monero and Zcash less decentralized in its governance system
but they also only focus on one aspect, which is the private aspect. Dash has much more to offer then just private transactions.

And we're conveniently forgetting that the governance system of Dash is fatally flawed and not in any way decentralized as already explained by iamnotback/anynomint/etc numerous times. In short: masternodes fueled by the instamine generates more dash -> more masternodes leading to centralized governance.

Monero also has a dynamic blocksize and tail emission allowing for more stable scaling than the alternatives. The dev team is also one of the most transparent and competent in crypto space. It is only in your uninformed opinion that "they also only focus on one aspect".

Not really as Dash has a yearly 7% cut in blockrewards (of which one is coming up next month), which means both masternodes / miners and our decentralized budget
will get less and less blockrewards / budget over time. This leads to more decentralization.

Next question please.
 

There seems to be around 4196 masternodes for DASH right now. The issue I see is that nobody knows how many MN each participant has. There maybe people with 100 or more MNs and so the governance could be extremely biased without there being any way to monitor or to assess this. With regards to cash. Cash is anonymous, only the payer and the payee knows the amount and what it is for and know each other, so this is as close to Monero as you can get once Monero forks in RingCT. At that point Monero will be as close to cash as any system and more so than DASH IMO.

Its actually 4220 (http://178.254.23.111/~pub/masternode_count.png), but who is counting 24K dash more or less ...
Let me ask you some simple questions : how many full nodes does Monero currently have running ? and how big is their blockchain size ?

Know the answer to those two questions and you will see why Monero will not be able to support digital cash like dash is striving to do.
 

I was going for unique IPs
Total Masternodes: 4229 = 4224 actives + 5 inactives [4197 unique IPs] (Last refresh: Sun Jan 01 2017 11:42:04 AM)

but this is really besides the point. The point is that I know that some people got a lot of MNs some time ago when DASH price was significantly lower than today. My only point re. MNs is that you do not know who is running them and how many. Myabe the FBI is running 100? Who knows, right. And why when asked do the DASH team not consider implementing zk-SNARK or similar?
legendary
Activity: 1008
Merit: 1001
If we were to compare Dash with Monero and Zcash then not only are Monero and Zcash less decentralized in its governance system
but they also only focus on one aspect, which is the private aspect. Dash has much more to offer then just private transactions.

And we're conveniently forgetting that the governance system of Dash is fatally flawed and not in any way decentralized as already explained by iamnotback/anynomint/etc numerous times. In short: masternodes fueled by the instamine generates more dash -> more masternodes leading to centralized governance.

Monero also has a dynamic blocksize and tail emission allowing for more stable scaling than the alternatives. The dev team is also one of the most transparent and competent in crypto space. It is only in your uninformed opinion that "they also only focus on one aspect".

Not really as Dash has a yearly 7% cut in blockrewards (of which one is coming up next month), which means both masternodes / miners and our decentralized budget
will get less and less blockrewards / budget over time. This leads to more decentralization.

Next question please.
 

There seems to be around 4196 masternodes for DASH right now. The issue I see is that nobody knows how many MN each participant has. There maybe people with 100 or more MNs and so the governance could be extremely biased without there being any way to monitor or to assess this. With regards to cash. Cash is anonymous, only the payer and the payee knows the amount and what it is for and know each other, so this is as close to Monero as you can get once Monero forks in RingCT. At that point Monero will be as close to cash as any system and more so than DASH IMO.

Its actually 4220 (http://178.254.23.111/~pub/masternode_count.png), but who is counting 24K dash more or less ...
Let me ask you some simple questions : how many full nodes does Monero currently have running ? and how big is their blockchain size ?

Know the answer to those two questions and you will see why Monero will not be able to support digital cash like dash is striving to do.
 

Currently about 533 full nodes at around 16 GB.
Now i would like to see your technical analysis why Monero would not be able to support digital cash as you understand it  Roll Eyes
legendary
Activity: 2548
Merit: 1245
If we were to compare Dash with Monero and Zcash then not only are Monero and Zcash less decentralized in its governance system
but they also only focus on one aspect, which is the private aspect. Dash has much more to offer then just private transactions.

And we're conveniently forgetting that the governance system of Dash is fatally flawed and not in any way decentralized as already explained by iamnotback/anynomint/etc numerous times. In short: masternodes fueled by the instamine generates more dash -> more masternodes leading to centralized governance.

Monero also has a dynamic blocksize and tail emission allowing for more stable scaling than the alternatives. The dev team is also one of the most transparent and competent in crypto space. It is only in your uninformed opinion that "they also only focus on one aspect".

Not really as Dash has a yearly 7% cut in blockrewards (of which one is coming up next month), which means both masternodes / miners and our decentralized budget
will get less and less blockrewards / budget over time. This leads to more decentralization.

Next question please.
 

There seems to be around 4196 masternodes for DASH right now. The issue I see is that nobody knows how many MN each participant has. There maybe people with 100 or more MNs and so the governance could be extremely biased without there being any way to monitor or to assess this. With regards to cash. Cash is anonymous, only the payer and the payee knows the amount and what it is for and know each other, so this is as close to Monero as you can get once Monero forks in RingCT. At that point Monero will be as close to cash as any system and more so than DASH IMO.

Its actually 4220 (http://178.254.23.111/~pub/masternode_count.png), but who is counting 24K dash more or less ...
Let me ask you some simple questions : how many full nodes does Monero currently have running ? and how big is their blockchain size ?

Know the answer to those two questions and you will see why Monero will not be able to support digital cash like dash is striving to do.
 
legendary
Activity: 2548
Merit: 1245
If we were to compare Dash with Monero and Zcash then not only are Monero and Zcash less decentralized in its governance system
but they also only focus on one aspect, which is the private aspect. Dash has much more to offer then just private transactions.

And we're conveniently forgetting that the governance system of Dash is fatally flawed and not in any way decentralized as already explained by iamnotback/anynomint/etc numerous times. In short: masternodes fueled by the instamine generates more dash -> more masternodes leading to centralized governance.

Monero also has a dynamic blocksize and tail emission allowing for more stable scaling than the alternatives. The dev team is also one of the most transparent and competent in crypto space. It is only in your uninformed opinion that "they also only focus on one aspect".

Not really as Dash has a yearly 7% cut in blockrewards (of which one is coming up next month), which means both masternodes / miners and our decentralized budget
will get less and less blockrewards / budget over time. This leads to more decentralization.
 

How would that even begin to lead to more decentralization? You don't even know what you're talking about. It's already too late and this won't reverse the existing centralization..

It is very simple but my apologies for thinking it was simple enough it needed no further explanation, but here you go :

Less blockrewards for masternodes means it will be getting more and more difficult for current masternode owners
to create new masternodes from the income of their already owned and running masternodes. This goes for both for early Dash starters
and for current masternode starters.

This will lead to a further decentralization where the influence of the early Dash starters simply deminish over time.

Of course Dash early starters will still have a big piece of the pie, just like in any early adapter situation. If you look at Monero's first miners
(using the not-crippled mining software of course), they too will have a big piece of the pie but their influence will not deminish like with Dash.

This due to how Dash has setup its blockchain blockrewards and how it handles the reduction in blockrewards.

    
  
legendary
Activity: 1008
Merit: 1001
Monero has the best tech in terms of privacy and fungibility.
We will see what the further adoption of Monero will bring in the future, but i am pretty sure it will pass Dash and Zcash by far, as it already does  Cool Grin Wink
hero member
Activity: 693
Merit: 508
If we were to compare Dash with Monero and Zcash then not only are Monero and Zcash less decentralized in its governance system
but they also only focus on one aspect, which is the private aspect. Dash has much more to offer then just private transactions.

And we're conveniently forgetting that the governance system of Dash is fatally flawed and not in any way decentralized as already explained by iamnotback/anynomint/etc numerous times. In short: masternodes fueled by the instamine generates more dash -> more masternodes leading to centralized governance.

Monero also has a dynamic blocksize and tail emission allowing for more stable scaling than the alternatives. The dev team is also one of the most transparent and competent in crypto space. It is only in your uninformed opinion that "they also only focus on one aspect".

Not really as Dash has a yearly 7% cut in blockrewards (of which one is coming up next month), which means both masternodes / miners and our decentralized budget
will get less and less blockrewards / budget over time. This leads to more decentralization.

Next question please.
 

There seems to be around 4196 masternodes for DASH right now. The issue I see is that nobody knows how many MN each participant has. There maybe people with 100 or more MNs and so the governance could be extremely biased without there being any way to monitor or to assess this. With regards to cash. Cash is anonymous, only the payer and the payee knows the amount and what it is for and know each other, so this is as close to Monero as you can get once Monero forks in RingCT. At that point Monero will be as close to cash as any system and more so than DASH IMO.
newbie
Activity: 28
Merit: 0
If we were to compare Dash with Monero and Zcash then not only are Monero and Zcash less decentralized in its governance system
but they also only focus on one aspect, which is the private aspect. Dash has much more to offer then just private transactions.

And we're conveniently forgetting that the governance system of Dash is fatally flawed and not in any way decentralized as already explained by iamnotback/anynomint/etc numerous times. In short: masternodes fueled by the instamine generates more dash -> more masternodes leading to centralized governance.

Monero also has a dynamic blocksize and tail emission allowing for more stable scaling than the alternatives. The dev team is also one of the most transparent and competent in crypto space. It is only in your uninformed opinion that "they also only focus on one aspect".

Not really as Dash has a yearly 7% cut in blockrewards (of which one is coming up next month), which means both masternodes / miners and our decentralized budget
will get less and less blockrewards / budget over time. This leads to more decentralization.
 

How would that even begin to lead to more decentralization? You don't even know what you're talking about. It's already too late and this won't reverse the existing centralization..
legendary
Activity: 2548
Merit: 1245
If we were to compare Dash with Monero and Zcash then not only are Monero and Zcash less decentralized in its governance system
but they also only focus on one aspect, which is the private aspect. Dash has much more to offer then just private transactions.

And we're conveniently forgetting that the governance system of Dash is fatally flawed and not in any way decentralized as already explained by iamnotback/anynomint/etc numerous times. In short: masternodes fueled by the instamine generates more dash -> more masternodes leading to centralized governance.

Monero also has a dynamic blocksize and tail emission allowing for more stable scaling than the alternatives. The dev team is also one of the most transparent and competent in crypto space. It is only in your uninformed opinion that "they also only focus on one aspect".

Not really as Dash has a yearly 7% cut in blockrewards (of which one is coming up next month), which means both masternodes / miners and our decentralized budget
will get less and less blockrewards / budget over time. This leads to more decentralization.

Next question please.
 
newbie
Activity: 28
Merit: 0
If we were to compare Dash with Monero and Zcash then not only are Monero and Zcash less decentralized in its governance system
but they also only focus on one aspect, which is the private aspect. Dash has much more to offer then just private transactions.

And we're conveniently forgetting that the governance system of Dash is fatally flawed and not in any way decentralized as already explained by iamnotback/anynomint/etc numerous times. In short: masternodes fueled by the instamine generates more dash -> more masternodes leading to centralized governance.

Monero also has a dynamic blocksize and tail emission allowing for more stable scaling than the alternatives. The dev team is also one of the most transparent and competent in crypto space. It is only in your uninformed opinion that "they also only focus on one aspect".
legendary
Activity: 2548
Merit: 1245
This mean Dash needs to be private, fast, secure, global, low fees, peer to peer and easy to use.
Currently Dash has all the above except ease of use, which will be addressed with the Dash Evolution update next year (or hopefully end of this year).

Except it doesn't work.

Zcash has some interesting promises, but with some fatal flaws. Unproven crypto which if broken allows the attacker to mint unlimited coins without anyone ever knowing about it. Combined with a subsidy for the developers quite similar to the Dash instamine in practice.

In the end both Dash and Zcash are just scams and shouldn't be touched with a stick.

Monero is the only serious choice.

Congratz with your new trolling account. That you may grow up as mighty a troll as cryptohunter and icey.
newbie
Activity: 28
Merit: 0
This mean Dash needs to be private, fast, secure, global, low fees, peer to peer and easy to use.
Currently Dash has all the above except ease of use, which will be addressed with the Dash Evolution update next year (or hopefully end of this year).

Except it doesn't work.

Zcash has some interesting promises, but with some fatal flaws. Unproven crypto which if broken allows the attacker to mint unlimited coins without anyone ever knowing about it. Combined with a subsidy for the developers quite similar to the Dash instamine in practice.

In the end both Dash and Zcash are just scams and shouldn't be touched with a stick.

Monero is the only serious choice.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
Again ?

I invest little effort in understanding how they work so i can offer little in that regard.

I do think pushing towards an ANON coin based coin is self defeating though.
You fail right out of the gate.. doomed and destined toil in niche obscurity forever.
Battling Govts and hackers.

So maybe what you should be asking is which coin has dev's that are the planets most talented security experts.
Because it's one thing to create code and it's another to defend it and your billion dollar investors.

DAO ring a bell ?  Cheesy

I warned you kidiots and you won't listen.
And i sure as hell will be saying i told you so  Cool
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