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Topic: Why the darkcoin/dash/dashpay instamine matters (Read 47796 times)

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
hero member
Activity: 722
Merit: 501
i almost forgot about dark coin and dogecoin i mean what happened to these altcoins i don't even know what is now the price of dark coin i have always thought that darkcoin will made a respectable price someday.
legendary
Activity: 1281
Merit: 1046
The scammer has won. 7 billion in marketcap (with about 700 transactions per day)

Probably pumped by the Tether invisible money on Bitfinex
member
Activity: 250
Merit: 12
Support Guru
It's interesting because I've been dealing with people calling Chaincoin a scam since I got involved in the project back in July and up until recently I had no idea about the questionable origins of Dash... Perhaps there's a lot more to dig up from the past than I had originally thought.

I'm going to continue reading, thanks to everyone who has left plenty of breadcrumbs for future researchers to follow.
sr. member
Activity: 325
Merit: 250
Things like this must be on the front page. Crypto's like this and Bitcoin Gold don't deserve to be in a top 10.
sr. member
Activity: 376
Merit: 254
Look like lost pics of puzzle  Shocked i found.
It's Was my dog buttwhole  Cheesy profit
.


Keep up smart ppl's good bless you
legendary
Activity: 1260
Merit: 1116
My name's Jeff.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
On why Dash has a justifiably bad rap: https://www.deepdotweb.com/2017/05/26/dash-bad-reputation/

What do you guys think of my response to criticisms of my article?
https://www.reddit.com/r/dashpay/comments/6dzp2u/a_response_to_critcisms_of_my_article/

Interested in hearing thoughts of people who are not  Dash users.


I found your thoughts well laid out and fair. Also be aware on DRK launch Evan gave out many iterations of Win binary's that never functioned so many of use were unable to mine all day while we fought with his shit binary's while one pool did the majority of the mining and that pool bribed him the next day not to relaunch as he promised. He specifically told all us miners to shut down for the night and there would be a announcement and then another relaunch. He also offered someone 5k when there was no way he could have mined that much already. Then he changed the block payout to make the insta/pre-mine to be worth even more.

AFA monero being revealed thats a load of shit, an earlier portion of the chain was able to show some linkage of addresses and the changes for over a year (maybe 2 I forget) make even that impossible now. that was because a minimum mixing size was not enforced in the early iteration.


They've replied to my comments but not to your quote which I put in the OP....
Interesting.

The truth hurts. Wink
newbie
Activity: 25
Merit: 0
On why Dash has a justifiably bad rap: https://www.deepdotweb.com/2017/05/26/dash-bad-reputation/

What do you guys think of my response to criticisms of my article?
https://www.reddit.com/r/dashpay/comments/6dzp2u/a_response_to_critcisms_of_my_article/

Interested in hearing thoughts of people who are not  Dash users.


I found your thoughts well laid out and fair. Also be aware on DRK launch Evan gave out many iterations of Win binary's that never functioned so many of use were unable to mine all day while we fought with his shit binary's while one pool did the majority of the mining and that pool bribed him the next day not to relaunch as he promised. He specifically told all us miners to shut down for the night and there would be a announcement and then another relaunch. He also offered someone 5k when there was no way he could have mined that much already. Then he changed the block payout to make the insta/pre-mine to be worth even more.

AFA monero being revealed thats a load of shit, an earlier portion of the chain was able to show some linkage of addresses and the changes for over a year (maybe 2 I forget) make even that impossible now. that was because a minimum mixing size was not enforced in the early iteration.


They've replied to my comments but not to your quote which I put in the OP....
Interesting.
sr. member
Activity: 840
Merit: 254
As a dash investor i know about all of this information i do not care. The dash community is very open about this. Seriously this is beyond beating a dead horse talking about this on these forums.  Dash had a shady start we get it but its a quality project thats why im investing in it.  
The reason this needs to be repeated is that there may be new users unaware of that, you have decided to ignore it and decided to invest regardless of that, since you are the only one responsible for your money then that is your call, but this needs to be brought again to warn people about it.
newbie
Activity: 25
Merit: 0
I appreciate your insight man.
Thanks for the information, since a lot of info seems to be sketchy from people in that time frame.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
On why Dash has a justifiably bad rap: https://www.deepdotweb.com/2017/05/26/dash-bad-reputation/

What do you guys think of my response to criticisms of my article?
https://www.reddit.com/r/dashpay/comments/6dzp2u/a_response_to_critcisms_of_my_article/

Interested in hearing thoughts of people who are not  Dash users.


I found your thoughts well laid out and fair. Also be aware on DRK launch Evan gave out many iterations of Win binary's that never functioned so many of use were unable to mine all day while we fought with his shit binary's while one pool did the majority of the mining and that pool bribed him the next day not to relaunch as he promised. He specifically told all us miners to shut down for the night and there would be a announcement and then another relaunch. He also offered someone 5k when there was no way he could have mined that much already. Then he changed the block payout to make the insta/pre-mine to be worth even more.

AFA monero being revealed thats a load of shit, an earlier portion of the chain was able to show some linkage of addresses and the changes for over a year (maybe 2 I forget) make even that impossible now. that was because a minimum mixing size was not enforced in the early iteration.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
legendary
Activity: 1260
Merit: 1116
On why Dash has a justifiably bad rap: https://www.deepdotweb.com/2017/05/26/dash-bad-reputation/

What do you guys think of my response to criticisms of my article?
https://www.reddit.com/r/dashpay/comments/6dzp2u/a_response_to_critcisms_of_my_article/

Interested in hearing thoughts of people who are not  Dash users.


I think you’re right, of course. Critical thinking is important. The idea of trustlessness sort of requires we assume the worst in people.
newbie
Activity: 25
Merit: 0
On why Dash has a justifiably bad rap: https://www.deepdotweb.com/2017/05/26/dash-bad-reputation/

What do you guys think of my response to criticisms of my article?
https://www.reddit.com/r/dashpay/comments/6dzp2u/a_response_to_critcisms_of_my_article/

Interested in hearing thoughts of people who are not  Dash users.
PoS
full member
Activity: 223
Merit: 101
If you can be anything, be kind and fair
As a dash investor ...blahblah

FTFY
As a low life scam supporter.

Only 3 types get involved with the Dash Trash.

  • Stupid like a blade of grass
  • Ill informed
  • Activ Scam supporters

Intentionally failed start (or genuine incapable to copy paste some code)
Then sneaky relaunch after having sent potential US miners to bed as promised wont relaunch before all fixed
European miners at sleep as it is now 4AM on Sunday morning launch
Low difficulty as total coins at this time is 84 million
Then instamine the shit out of it
First miners want to join but cant because they dont know how to mine this copy of Sifcoin->Quark->Qubitcoin->Chaincoin->XCoin,Darkcoin,Dash algo
Then claim he invented caining some algos
Then fail to support linux because those pesky miners mainly use it
Then its time to reduce total amount of coins to less then 20mil and increase difficulty as with
Then fail to provide white paper so someone would have a clue whats it all about
Then activly buy large amount of coins (numwits would tell you he redistributed his instamine loot)
Then have some hocus-pocus rebranding hype
By now this Snake Oil crap piece shit is just a couple of days old
Now to greatly increase his initial instamine heap lets take most coins away from the miners with the useless Masternodes
.....
The entity behind Dash always had more then 50% of the coins and still has, worthless junk
newbie
Activity: 53
Merit: 0
As a dash investor i know about all of this information i do not care. The dash community is very open about this. Seriously this is beyond beating a dead horse talking about this on these forums.  Dash had a shady start we get it but its a quality project thats why im investing in it.  
legendary
Activity: 1260
Merit: 1116
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Relevant to OP's interests:


nothing in Darkcoin is ever set in stone


Wow, what a self-incriminating, scam-defining post.

There we have it.  Dash is nothing more than and nothing less than whatever Evan feels like doing.

No permanent social contract for a limited number of coins.  No guarantee Masternodes won't be abolished at the stroke of Evan's keyboard.  Endless rebrands and pivots.

No point to using a malleable blockchain, much less wasting energy on PoW Theater.  Might as well use an SQL database instead of all the fake Nakamoto Consensus hoopla.

This is an admission Dash is based solely on Proof-of-Duffield.  That makes Dash unarguably in violation of the Howey Test because it's 100% centralized.

Just wait until Dash's DAOs get hacked like ETH's DAO.  I guarantee Duffield will revert the transactions just like Vitalik did, blockchain immutability and project credibility be damned.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Another reason the Dash instamine matters: it permanently ruined Dash's reputation and ensured the project is widely perceived to be a scam.




It is real, but why Dash's market cap is so huge? Is Eddufield still having those millions of Dash coins? Although Dash is very innovative, it is still a scandal.

Dash's only innovation is finding a better way to mine BTC from speculators' wallets.

Here's the best explanation I've found for why it's pumping.


https://twitter.com/ARKblockchain/status/837315753737089026
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