Search results

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    Bitcoin Cash (BCH/BCC) and Dash

    I think the treasury could be a net liability for Dash if we get less out of it than we are putting into it. This is obviously complicated by the way we are currently using it, as we do not know if the bets we are making will pay off or to what degree. If the treasury is a net leak of value...
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    Dash Embassy D-A-CH - Project Prioritisation Survey

    I think prioritization is exactly the right issue for MNOs to be considering. Thank you for bringing awareness to this.
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    How to sustainably grow Dash´s Ecosystem? - Dash Infrastructure Program

    I think it's wonderful that you are thinking about sustainability. Unsustainability is in my view is the biggest single threat to the DAO, the ecosystem and the network. If benefits provided by Treasury expenditures are not net equal to or greater than the value supplied to get them, the losses...
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    My Vision for the Future of Dash

    Here is my vision for Dash: We use treasury funds to build a healthy growing community of developer/entrepreneurs who risk their own capital or get their own financing in an attempt to profitably provide value to the network. If the value provided by that group exceeds the cost to build it, Dash...
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    Proposal: Commitment to Improving Funding Model

    https://en.wikipedia.org/wiki/Marginal_utility
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    Proposal: Commitment to Improving Funding Model

    Thanks for your input. Obviously I would like to get the 5 Dash back if possible, so if the only people voting yes have to support all RFPs, bounties and prizes, I'm less likely to get this to pass. I just want to know if enough MNOs recognize funding as a big enough problem or area with room...
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    Proposal: Commitment to Improving Funding Model

    Draft: We would like to ask if there is enough recognition of the need to improve the efficiency and effectiveness of the way in which treasury funds are awarded so that there is a reasonable expectation that meaningful improvements will be made. In our opinion, benefit to the network can be...
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    Core Team Compensation (September)

    It has to do with planning and not poor planning? What does that even mean? I understand you are arguing that Core management was unlucky and not selfish or incompetent. I even think you are very likely at least mostly correct, but those explanations are not mutually exclusive. A good strategy...
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    Core Team Compensation (September)

    It must be deeply offensive to other contributors who aren't getting paid at all due to treasury constraints in a bear market that Core is asking for more than they need to build a safety buffer. A cushion is wise, but they should have thought of that earlier. It's too late to save for a rainy...
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    DCG and non-core functions

    The problem is that MNOs would still bear the risk of sunk costs, just not all at once. It is possible to shift all the risk to solution providers and just because we haven't done it yet doesn't mean we can't or that a protocol change would be required to implement it. It would just take MNO...
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    DCG and non-core functions

    I'm wondering if micromanaging Core could create as many problems as it solves. I would be happy to just say "MNOs expect CDG to do X,Y, and Z. W don't care how you do it or how much it costs, but if you do it, you'll get a specified amount of Dash and NOT BEFORE. In fact, if some other...
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    DCG and non-core functions

    Ideology is worthless if it doesn't provide utility in the real world. Decentralization is a value not just because a wider distribution of power is more morally just but because it produces better outcomes. If the increase in accountability didn't more than compensate for the loss in efficiency...
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    How to get 40X returns on Treasury awards

    Masternode Owners can get over 40X returns in treasury disbursements with little risk by following the example of the X Prize Foundation (XPF). XPF revolutionized funding of new industries. “Case in point: The Ansari XPRIZE. An initial investment of $2.5 million enabled us to offer a $10...
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    Why the Fed now loves Cryptocurrencies

    They don't care about money rushing into crypto if it doesn't pose a systemic risk to the banks. It's something else they can (try to) tax and it keeps the fiat money ponzi going by preventing credit contraction.
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    The people with the most Dash to trade

    not exactly. Vendors that offer goods and services that miners and/or other people are likely to need to meet basic expenses. I'm thinking ISPs, hardware vendors, etc. Maybe even power companies. I know that I am trying to spend dash rather than sell it as much as possible and it is very...
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    The people with the most Dash to trade

    We have over 25,000 Dash going out every month to MNOs and another 25,000 going out to miners. We should want very little of that dash to be sold directly on the markets, driving down prices. If we get vendors on board who cater to that market, they could potentially benefit from over $12...
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    Creating a Venezuela DAO to create the First DASH Nation

    "Accounts found to contain crypto transactions at prices which the government considers to be “undermining the national currency” will be “severely punished,” Vice President Tareck El Aissami said." https://news.bitcoin.com/venezuela-monitoring-bank-accounts-crypto-transactions/
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    Creating a Venezuela DAO to create the First DASH Nation

    I'm confused. Do the Venezuelans not understand that it was the destruction of property rights (nationalization, basically theft by the government, of foreign investment) that caused the crisis in the first place? There were other forms of socialist mistakes that contributed, such as punishing...
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    Economic Considerations.

    the functionality is not based on speculation alone. A cryptocurrency is a commodity. It gives the user the ability to write to an immutable ledger. It is virtual ink. It's strange that you are worried about the DAO being inadequately funded in the fututre when most other crytocurrencies have...
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    Economic Considerations.

    1. Many stocks do not pay dividends at all and are called "growth stocks". They are attractive to people who think they will go up in value. even for stocks that pay dividends they trade at what's called the "discounted future value" which is obviously a guess. Dash is no different from that...
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    Just joined Splawiks MAsternode Share

    if there is one thing I learned from MtGox, Bitoption, TradeHill, BitFinEx, Bitmarket.eu, and CampBX, it's NEVER NEVER NEVER let someone else hold your private keys. Ever.
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    MasterNode Scaling...

    It's not a shared masternode if you expose your private key. You are basically renting out your Dash to someone who uses them as MN collateral. Whoever has the keys owns the node. Splawik offers TWO services: 1. MN hosting where the fee is lower but you can keep your private keys, provided...
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    MasterNode Scaling...

    You're gonna quibble over details? The data shows clear centralization. I never said Splawik by himself hosts 2/3 of MNs. I said hosting services LIKE Splawik's. Stop fixating on a goddamn fraction and pay attention. How the hell does running even TWO masternodes in the same datacenter help...
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    MasterNode Scaling...

    http://178.254.23.111/~pub/Dash/masternode_ISPs.html
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    MasterNode Scaling...

    https://chainz.cryptoid.info/dash/masternodes.dws
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    MasterNode Scaling...

    Masternode Hosting benefits from economies of scale. That's why services such as Splawik's host two thirds of the MNs already. This is a dangerous situation perilously close to being a single point of failure. With drastically greater hardware requirements, this problem will only get worse as...
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    why the bubble in cryptocurrencies will never burst thanks to our super complex monetary system?

    I largely agree with this analysis, but there is a caveat; In microeconomics, individuals wealth is determined by 1. how much they earn 2. how much they spend. 3. How much thay have in savings. In macroeconomics, an economy's wealth is determined by 1. How productive it is. 2. How much it...
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    MasterNode Scaling...

    The primary function of mining is NOT to slow down the blockchain but to ensure SCARCITY and decentralized coin distribution. Speed is worthless if we get the economics wrong.
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    Is there a resource detailing all past approved proposals?

    I have been unsuccessfully looking for a website that has data on all proposals funded by the treasury for two reasons: To evaluate the proposal owners both in honesty and competence To to evaluate the benefit of the projects in terms of cost-effectiveness I am somewhat surprised to find very...
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    Bitcoin is Gold

    My daughter asked me what gold was. I told her it was analog Dash.
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    MasterNode Scaling...

    There is a possible solution to scaling that doesn't involve quadratic increases in difficulty with linear increases in transactions: hashgraph. Evan Duffield's announcement of the scaling roadmap, if implemented, will require masternodes to make significant upgrades in hardware and bandwidth...
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    Bitcoin is Gold

    The main difference between digital gold and digital cash concerns a basic law in economics expressed as the equation: MV=PQ M is the total amount of money in circulation V is the velocity of money or how quickly the money changes hands P is the price of goods expressed in the currency Q is the...
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    why are we so obsessed about US , when crypto only works in developing countries

    If you think Dash is currently a stable currency, then you have a very different definition of "stable" than I do. Maybe compared to Zimbabwe dollars, it's stable, but selling anything for dash now requires constant adjustment of prices. As for Dash as an investment opportunity, I've been in...
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    why are we so obsessed about US , when crypto only works in developing countries

    This is exactly wrong. Dash needs rich people FIRST because we don't have a central bank. Only rich people can provide liquidity, buying Dash when the price is crashing and selling when the price is so high it is inaccessible to these third worlders. Successful traders and investors provide...
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    The problem with the price

    it's totally irrational to care about the price because the unit (1 dash) is a completely arbitrary value. Anyone who is too stupid to invest because they can't have one whole unit is someone I don't want holding my cryptocoin. It's ROI (return on investment) that counts. A 220 pound woman isn't...
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    Would Evolution based Master shares be Halal?

    There would be so much less murder in the world if Muslims had a better sense of humor.
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    Bitfinex referer code...

    BFX is sketchy as hell. I had my entire balance there in USD when they got hacked, but they took a third of it anyway to compensate the BTC holders. Yes, they lost coins, then stole from me to save their asses. Called it "socialized losses" I fucking hate socialists.
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    Would Evolution based Master shares be Halal?

    G-d just spoke to me through the Angel Gabriel and told me that masternodes are indeed Halal, Kosher and have the heavenly seal of approval. That is they all do except Masternode #666. Obviously not that one.
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    Best Way to Sell Dash to USD (Bank Account)?

    My balance has been made available as of this morning.
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    Uphold purchase still pending 8 days later

    update: the balance is available as of this morning. maybe they are reading this forum.