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Author Topic: [ANN][DASH] Dash | #1 Anonymous Coin | Inventor of X11 DGW Darksend InstantX  (Read 78281 times)

TheMerkle·

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Re: [ANN][DASH] Dash | #1 Anonymous Coin | Inventor of X11 DGW Darksend InstantX
« Reply #195 on: September 03, 2017, 11:09:03 AM »
Dash Developers Disable InstantSend on the Network:
https://themerkle.com/dash-developers-disable-instantsend-on-the-network/

CoinDesk·

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  • Re: [ANN][DASH] Dash | #1 Anonymous Coin | Inventor of X11 DGW Darksend InstantX
    « Reply #196 on: November 14, 2017, 11:42:21 AM »
    Dash Cryptocurrency Builds Base After Setting Record Above $500:
    https://www.coindesk.com/dash-cryptocurrency-builds-base-setting-record-500/

    tuapoma

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    Re: [ANN][DASH] Dash | #1 Anonymous Coin | Inventor of X11 DGW Darksend InstantX
    « Reply #197 on: December 23, 2017, 02:08:46 AM »
    DASH is up 8000% roughly six times the rise of BTC

    Dash Is Up 8,000% In 2017. Is This 'Darkcoin' A Better Version Of Bitcoin?

    Dash is a cryptocurrency that’s designed to make transactions fast, cheap and private. Since January 2017, Dash’s coin is up 8,000%, roughly six times the rise of bitcoin, according to CoinMarketCap.

    Read more at: https://www.forbes.com/sites/jeffkauflin/2017/12/22/dash-is-up-7600-in-2017-is-this-darkcoin-a-better-version-of-bitcoin/#579ebda91a02
     8)
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    InstantSend is now activated on @UpholdInc for both incoming and outgoing @Dashpay transactions. This is great news unless you're someone that enjoys waiting!

    read more here: https://uphold.com/en/blog/posts/uphold/dash-instantsend-is-now-live
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    Re: [ANN][DASH] Dash | #1 Anonymous Coin | Inventor of X11 DGW Darksend InstantX
    « Reply #199 on: February 06, 2018, 07:13:48 PM »
    Dash Core Group Inc. quarterly call to present project progress made during Q4 2017, summarise Core Team activities and answer your questions.

    The call takes place on Friday, 9th of February at 15:00 UTC. The call will be recorded and shared on the Dash Youtube channel.

    Agenda:
    Welcome and Introduction
    Software Development Update
    Business Development Update
    Marketing and Communication Update
    Project Organization Update
    Project Finance Update
    Summary and Comments
    Q&A

    YOUTUBE: https://youtu.be/skj7BuM5Oak

     ::)

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    secco

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  • Token TV Episode 3! Interview with @CashAlternative of @DashNation_com is out.

    How he found Crypto, various features of DASH and the upcoming DASH evolution release.

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  • Token TV Plus+ #3: Interview With DASH’s Tao Of Satoshi
    https://bitcoingarden.org/token-tv-plus-3-interview-with-dashs-tao-of-satoshi/

    On today’s episode, Token TV Plus welcomes a super cool cryptocurrency advocate that is at the forefront of making the fast, private and blockchain governed cryptocurrency, DASH, a household name and a currency used daily by the masses. His name is Tao of Satoshi, the leader of DASH Nation and the face of CASH Alternative TV. In this Episode 3 of Token TV Plus+, we discuss the cryptocurrency known as DASH, which enables instant, private payments online or in-store using its secure open-source platform hosted by thousands of users around the world....
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    NewsCrawler·

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    Dash Presentations at the New Hampshire Liberty Forum:
    https://bitnewsbot.com/dash-presentations-at-the-new-hampshire-liberty-forum/

    ghulamali

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    In June of 2015, the cryptocurrency Dash had approximately 2,500 nodes. The network then rolled out a new user role which they call the “masternode,” and began paying masternodes half of the block reward (same as the miners). In the last four months, the Dash network has added almost 1,000 nodes, increasing its count by 40% for a total today of over 3300.   

    Dash's 3300 masternodes are entrusted with more than facilitating its blockchain. They likewise perform two of Dash's key capacities, to be specific DarkSend (a local coinjoin) and InstantX (moment exchange affirmations). They likewise should give a security of 1000 Dash – worth about $2,500 USD — that is bolted for the measure of time they go about as masternodes. At present masternodes win a normal of 0.47 Dash every day — $1.25 USD at the present cost.

    Lead developer and creator of the masternode scheme Evan Duffield implemented the collateral requirement for two reasons: first, to attempt to stabilize the Dash price by disincentivizing short sells; and second, to make a “51% attack” cost-prohibitive for a malicious actor.
    see full article link below
    https://news.bitcoin.com/how-dash-increased-node-count-by-40-in-4-months/

    secco

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  • Bitcoin recently turned 10 years old, which was a remarkable point in this industry, as less than 4% of coins are successful. Bitcoin was created in 2008 during one of the worst financial crises in history in order to offer an alternative payment method to the traditional financial system. Although many believed cryptography and computer science could provide a legitimate financial and social change, the route to get there has been much more challenging and testing than people had ever imagined. To sustain a token project in a sector marred by unclear regulations, fading crowdfunding mechanisms, and technology hurdles/delays, only projects with a clear vision, strong team, and consistent development and execution can survive. One of those projects is Dash.

    This Friday, Dash, the leading e-commerce and payments-focused cryptocurrency, will celebrate its fifth birthday. Dash is amongst the top 15 most valuable cryptocurrencies, and is one of the very few that presents a real world use case to end users, particularly populations with limited access to financial services, and those demanding cheaper, faster payments alternatives to today's flawed credit cards. 

    Due to its instant transactions, low transaction fees, and unique organization structure as a self-governed decentralized autonomous organization (DAO), Dash is gaining significant momentum, especially in Venezuela and other South American countries prone to rapid inflation.

    Currently, Dash is accepted at more than 4,000 merchants worldwide, including 2,500+ in Venezuela alone. In addition, Dash is accessible via 700+ ATMs and 90+ exchanges worldwide.

    Within five years, Dash has achieved:
    - Development of Dash Evolution, a payments platform focused on an easy user experience for those with or without technical knowledge, which many industry leaders believe will be integral to bringing the mainstream adoption of digital currency. It's launching later this year.
    - Collaboration with Arizona State University (ASU) to create a first of its kind blockchain research lab focused on the prominent topics of scalability, best practice, network architecture, environmentally-friendly mining, latency and throughput.
    - Partnership with mainstream companies, such as Rewards.com.
    - Advanced software, as with its newest 0.13 upgrade for automatic InstantSend.
    - Humanitarian benefits in emerging markets such as Venezuela and Zimbabwe where fiat money can be unreliable and Dash serves as an alternative and superior store of value.
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    Pegasus

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    Bitcoin.org defines a 51 percent attack as “the ability of someone controlling a majority of network hash rate to revise transaction history and prevent new transactions from confirming.” It’s simple straight to the point and self-explanatory. As simplified as it is, the majority attack is dreaded by the community and at the height of last year’s bitter hash rate war between Bitcoin Cash factions—the ABC and SV camps, the latter threaten to unleash fury and destroy ABC via a 51 percent attack now that they had control of 57 percent of the Bitcoin Cash network before the value wiping hard fork on Nov 15.

    However, hours into the upgrade, Roger Ver’s Bitcoin.com mining pool hash rate shot to 4 Exahash and surpassing the entire Bitcoin Cash network hash rate. But even before the upgrade, odds were stack against Craig Wright and his supporters because of Bitmain inclination. With Jihan Wu on their side and revelation by Jiang Zhuoer, the CEO of BTC.TOP that “mining pools under Bitmain (such as BTC.com and Antpool) collectively had15,000 P hash-rate. With ViaBTC where Bitmain is a shareholder, the entity has 20,000 P hash-rate altogether”, it remain a tight and tense race.

    Blockchain supporters have to protect their turf and the best way of doing so especially in a proof of work consensus network where ASIC miners are involved is to marshal participation and increase computer power within the network. A vibrant, well incentivized mining community means faster transaction processing and a secure network that to some degree is resistant to a majority attack. Note that a vulnerable network is lost man hours and after Ethereum Classic had an encounter with determined attackers, it was time developers went to work designing a new protocol that is not only secure but makes such an attack extremely expensive.

    DASH and ChainLocks

    Dash through their Dash Improvement Proposal (DIP)-8 suggest a use of “long-living Masternodes quorums (LLMQs)” in ChainLocks to deter possible network disruptions stemming from a 51 percent attack. The LLMQ signs blocks, prevents attempts of transaction reversal and generally protects the network ensuring that a mining-based attack on the DASH network is “impossible.” What’s unique is that this measure is only specific to DASH thanks to their masternodes structure that effectively wades off attempts of Sybil attacks that other crypto networks are prone to.

    “The idea of ChainLocks is to perform a verifiable network-wide measurement/vote of the “first-seen” rule. For each block, an LLMQ of a few hundred masternodes is selected and each participating member signs the first block that it sees extending the active chain at the current height. If enough members see the same block as the first block, they will be able to create a P2P message (CLSIG) and propagate it to all nodes in the network.”

    But it is not the network that draws most benefits, it is the end user who can trust that every transaction is valid even after the first signature.

    “The most important effect for normal users and merchants is that transactions can be considered fully confirmed after the first on-chain confirmation inside a block protected by ChainLocks. Transactions can no longer vanish from the chain since reorganization of signed/locked blocks is not possible.”

    RepuCoin Introduces Miner Reputation

    Another way to squash 51 percent attacks is the introduction of “reputation” in blockchain projects like what RepuCoin is doing. Developed by the University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust, voting power, that is, reputation, is based on mathematics and the miner’s mining power and consistency. As a result, the longer RepuCoin remain secure, the more resilient it becomes making it impossible. Researchers quantify that a 51 percent attack at RepuCoin that has been running securely for one year, with a 68 percent control of the network hash rate, will take six months and is 5760 times more expensive that it would have been on the Bitcoin network.

    The Co-author of RepuCoin Prof. Paulo Esteves-Veríssimo says:

    “It’s an elegant solution to a problem that was thought as insoluble. Existing systems always linked computational power to voting power. We separated them, and now someone could join RepuCoin with 99% of the total computing power and they still wouldn’t be able to attack it.”

    Source: https://ethereumworldnews.com/heres-what-dash-and-repucoin-are-doing-to-prevent-51-percent-attacks/

    Pegasus

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    April’s first day looks too greener for Dash cryptocurrency, the 13th largest cryptocurrency at the moment. The coin has surged 15.2% higher on April 01, 2019 and stood as the hottest altcoin of the day.

    According to the data from Coinmarketcap, Dash is valued at $114.72 against US Dollar and sits with an average marketcap of $1,000,367,597 USD after marking the rise of 15.2 percent within a couple of hours.

    1 hr Chart Source: TradingView
    The rise was quickly followed by the latest partnership between Latin America’s exchange, Cryptobuyer, and Venezuelan department store giant Traki which also accept cryptocurrencies including Dash.


    Operating as both, a network of ATMs and merchant point-of-sale solutions, Crytobuyer is already supporting Dash and couple of other cryptos. Per the partnership, Cryptobuyer is rolling out ‘zero-fee Dash buying’ to help quicker access of Dash altcoin as remittances to Venezuelan. To make it clear, Dash can be purchased without any fee in Panama, Country in Central America (where Cryptobuyer is located) and then send it to Venezuelans to assist them to buy anything directly at Traki.

    Moreover, the offer is valid until May 1, 2019, which might have created a huge buzz around using Dash within a limited span of time.

    Concerning the announcement, CEO of Dash Core Group, Ryan Taylor states that;

    “Dash usage is growing at a rapid rate in Venezuela, as it provides an alternative that is a more reliable payment method and store of value. We’ve anticipated this initiative from Cryptobuyer, as it provides the everyday person a seamless and efficient way to access Dash and lowers barriers to entry.”

    Source

    Pegasus

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    Spending cryptocurrency might get a whole lot easier—if you’re hodling Dash, that is. A new Android app will make it easy to find stores and ATMs that trade in the thirteenth-biggest cryptocurrency.

    Similar to Yelp, the Discover Dash app is a directory of all known merchants which have integrated Dash payments, ranging from coffee shops and bars to electronics stores. The app comes with built-in geo-location features and automatic translation into Spanish, English and Russian. It also has live chat support, as well as functions through which users can report inaccuracies.

    The app is based on DiscoverDash.com, an online merchant directory which launched in 2017. The new Android app is a collaboration between Dash Force, the treasury-funded organization which created the listing service, and Really Bad Apps, a development group, according to a joint press release issued today.

    At present, Discover Dash lists over 4,800 merchants, in categories like “Arts & Entertainment,” “Food and Drinks,” “Business Services,” and Dash ATMs. More than half the listings- 2552 of them – are located in Venezuela, with the U.S. in second place at 531.

    Development on a budget

    Although crypto winter has put the DAO on a shoestring budget, the new app did not break the bank, explains Joël Valenzuela, Public Outreach director for Dash Force. Although funding was not available, he said, “Really Bad Apps believed in the project enough to create the preliminary version of the app free of charge.”

    “From the beginning, we have been passionate about the opportunities that cryptocurrency creates for mobile users around the world,” added Matthew Carlstrom, VP of Product at Really Bad Apps, in a statement.  “[W]e’re looking forward to seeing the community grow as Dash customers use our app to discover the many businesses that accept Dash nearby.”

    The Next Stage In Dash Evolution?

    However, the new app may face competition down the road, after the release of the network’s Evolution upgrades.

    “The Evolution platform will enable a wide variety of decentralized apps, and one of them may certainly be a next-level and more decentralized version of the Discover Dash app,” Valenzuela conceded in an email to Crypto Briefing. “I would be more than happy to see Discover Dash obsoleted by a superior service, and would be absolutely thrilled to see it made into a proper Evolution dApp.”

    In the meantime, he added, “we’re happy to continue to serve the needs of the Global Dash Community.”

    Source

    Pegasus

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    Dash, a payments-centered cryptocurrency project, has just announced the results of the first election of the Dash DAO Irrevocable Trust protectors. Six community members from a pool of twenty candidates were selected by the project’s 5,000 masternodes, and will now oversee the project’s trust.

    These trust protectors can now affect changes at Dash Core Group (DCG) and direct operations of the  project on behalf of the network.
     
    “We believe this creates far greater accountability of DCG to the network,” said Ryan Taylor, CEO of Dash Core Group. “Indeed, this establishes a legally binding fiduciary duty to the Trust and ultimately the network itself. “

    This election process makes Dash unique among cryptocurrency startups, many of which rely on self-appointed foundations to guide the network’s development. In this case, the trust protectors were chosen by the project’s major stakeholders, and as such, have a responsibility to work in the interests of the network.

    The irrevocable trust was formed in order to ensure that the actions of Dash Core Group are dictated by the network. The trust protectors were evaluated and vetted by a third neutral party firm, through which candidates had to confirm their eligibility. Moving forward, trust protectors will be elected each year.

    The six new trust protectors are:
    • Pieter Bakhuijzen
    • Raleigh Barrett
    • Michael Lewis
    • Mark Mason
    • Eric Sammons
    • Perry Woodin
    Even among blockchain projects, Dash’s new system of on-chain elections is unique. While the election may not be considered groundbreaking in the short term, should the project find success, a more democratic process may find greater popularity in other blockchain networks as time goes on.

    Source

    Pegasus

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    The Dash ecosystem in Venezuela is not going through a good time, and despite being one of the country’s most popular cryptocurrencies, the recent scandals surrounding Dash Venezuela and Dash Merchant Venezuela caused the international community to say no to three funding proposals aimed at expanding the ecosystem in the country.

    The conflict began after one of the masternodes accused the team of Dash Merchant Venezuela of falsifying the data provided to the community. As reported by Ethereum World News, this accusation increased the negative sentiment that already existed due to a falsification discovered at the beginning of the year which the Venezuelans later admitted.

    The first denied proposal sought to use 295 DASH to increase to the number of businesses accepting that cryptocurrency as payment to at least 5000 merchants.

    The discussion among masternodes was a little heated, but it seems that the general feeling is that beyond the false figures, many other aspects made the project unfeasible. This was explained by ericsammons, a MNO, in a comment:

    “I have been one of the biggest supporters of this and all projects involved with getting Dash integrated into Venezuela. I think it’s the most important work for Dash currently being undergone. I’ve also been a big supporter of Alejandro and Lorenzo. I’ve voted for all their proposals up to now (as well as this one), and have personally donated to their projects.

    However, after the revelations about their falsifying financial data, I’ve changed my vote to a “No” vote for this specific proposal. I don’t think such behavior can be rewarded and go unpunished.”

    The second initiative, also proposed by Dash Merchant Venezuela, intended to set up a leadership program in that country. Dash Merchant Venezuela asked for 95 DASH per month in order to triple the number of transactions in four zones of Caracas (the capital of Venezuela).

    Discussions about this proposal were also quite tough. After Edward Stoever’s report questioning the veracity of the information provided by Venezuelans, several MNOs started to show doubts about funding the leadership program.

    One of these pessimists is Criticalinput, who said:

    “Voting NO NO NO NO. I am sceptical at the best of times when it comes “Dash (or Bitcoin) merchant acceptance”. Edward Stoever’s video drives home the “List it on DiscoverDash” mentality. My faith in DiscoverDash decreases because of this fraudulent behaviour.
    Edward Stoever’s video: https://www.youtube.com/watch?v=KDnFhCm3pjQ&feature=youtu.be

    Dash Merchant Venezuela tried to clean up its image, criticizing the methodology applied by Mr. Stoever, but such efforts were unsuccessful.

    The third proposal was presented by the Dash Venezuela team (not to be confused with Dash Merchant Venezuela) and requested funding to promote the use of Dash Text as a remittance system for Venezuelan emigrants.They approved this proposal; however, it did not have enough votes to be financed right now.

    So far there are near 30 proposals being actively promoted by Venezuelan teams. Most of them are still being discussed.

    Source

     

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