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I would vote for such a proposal but I am not sure if you have enough support for it to pass. So keep at it.

@Matt Robertson Your thinking of Dash Drive which is not a user facing feature and nothing like ipfs/sia/storj. It is only for internal use to keep track of users and other relevant data. But I agree with the general idea that a stable coin would be useful for Dash. Though I do realise that...

Now that you have reduced the cost I think this is an all-round awesome proposal. Best of luck.

While I agree that unbacked or centralised (USDT) stable coins are problematic. If you look at the plans of Maker or what Bitshares is already doing the stable coins are backed by an underlying currency and are free floating in their price. But with incentives built into the system so that they...

While I would agree that we do need something like that. I would first like to see what the Marketing Firm that Core is hiring plans to do. Cause i would assume something like this is included in their plan.

The live support from SpectroCoin is the thing that makes me think this could be worthwhile. The Cost is a bit high but since I don't see us spending it in another way you will have my votes.

Sounds good you have my votes. Don't see why that wouldn't pass.

If you can that would be great :)

It would definitely be useful if you could make sure that the people receiving Dash have some place to spend it. Charities are nice but it might feel more real if they could actually buy something to hold in their hands and see their virtual coins turn into a real thing.

You are using very conservative numbers to calculate the amount of Dash that you need. Which makes sense to ensure that you will actually be able to pay, but what will you do in the (imho very likely) case that you end up with too many funds.

Definitely interested in the opinion of the Core team on this. Sounds like something we should be doing.

I am totally for a lower fee but if we get rid of it entirely we will get spammed to death by trolls.

Well now she's got some extra :P

@algodon.franelas There you go. Should have enough now :)

Core will apparently select a Marketing firm next week so if at all possible it would be nice to coordinate this with them or at least get a bit of feedback. Other than that I think this is a great proposal and would vote for it.

Some more numbers as food for thought: The value of the dash network comes from providing people with the ability to transact. So if we take the total value of the network and divide it by the number of transactions we can see how much value each one of them is responsible for. $1,432,992,670 /...

Nice spreadsheet. And yes that seems a bit counterintuitive at first. You have 5,671 dash transactions add 1 is a change of (100/5671)*1 = 0.01763357432% while increasing the supply by 1000 Dash is a change of (100/18M)*1K = 0.00555555555%. Since the formula is linear in both of these terms as...

There just isn't enough communication from the Core team which leads to us having to speculate about their plans (For example a recent discussion with rafique in the evolution channel in slack.) The recent roadmap and post from Evan were a good step in the right direction. But there should...

Mostly interested in how you plan to fix the current communication issues.

Well, I can try to explain the basics. The formula for calculating the fair value is: price = (tx / tx_ref) * (supply_ref / supply) * (velocity_ref / velocity) This only works for Coins with the same purpose. Which works for Dash and Bitcoin because both want to be general payment systems. For...