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  1. X

    Price stability and basecoin

    Based on what I am reading here, I'm pretty sure most of you didn't read the basecoin white paper (or even the Nader Theory blog) before posting your response.
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    Price stability and basecoin

    One more reason why Dash might be able to easily implement the ideas in the above white paper is as follows. Their scheme requires some type of oracle, i.e., humans who feed data about the current exchange rate into the blockchain. Dash already has a system in place that could be easily modified...
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    Price stability and basecoin

    Yes, the paper also criticizes bitusd as given below. (Fair use excerpts.) The BitUSD peg is enforced by a weak self-reinforcement scheme backed by the BitShares company as a lender of last resort, not by the protocol itself. The only reason BitShares are worth 1 USD is because everyone...
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    Price stability and basecoin

    The basecoin white paper explains why nubits is a poor model for price stability. P. 17 http://www.getbasecoin.com/basecoin_whitepaper_0_99.pdf
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    Price stability and basecoin

    There is a new proposed cryptocurrency called basecoin that is designed to be price-stable. Essentially, there will be two coins, one with stable value and adjustable quantity, and one with unstable value and predetermined quantity. By a serious of auctions, the value of the first one is kept...
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    Eralith YouTube ad campaign report thread.

    I read that posting about comparative advertising and here is what I think. When people buy conventional products such as cars, detergents, or food, comparative advertising targets a competing company and the consumer will generally not take it personally. Consider, however, the hypothetical...
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    Dash lacking research papers

    Maybe Dash needs a program like the one Google has. Paying Professors: Inside Google’s Academic Influence Campaign. https://www.wsj.com/articles/paying-professors-inside-googles-academic-influence-campaign-1499785286 (Archived at: http://archive.is/XF2S3.) Mr. Desai, now a law professor at...
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    Eralith YouTube ad campaign report thread.

    Agreed. A person who is a Bitcoin enthusiast will be turned off by the graphics. Bitcoin is not the enemy. Also, on the landing page the description of instant payments is unclear: Dash solves this problem with Instantsend. The moment you send an Instantsend transaction, computers on the...
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    Smart Contracts for Dash

    I think you and Craig Wright are thinking along different lines. Your thinking is that you are limited to whatever the current opcodes allow you to do, e.g., multi-sig and comparable computations, so a generalized smart contract cannot be implemented. Craig Wright's thinking is that Bitcoin's...
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    Smart Contracts for Dash

    If we use the phrase "smart contract" with the meaning that it has in the Ethereum world, then no, I don't think the proposal system is a smart contract. The code in an Ethereum-style smart contract (a) lives on the blockchain and (b) can be written by anybody without needing write access to the...
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    Smart Contracts for Dash

    Are you saying that the OP_TOALTSTACK and OP_FROMALTSTACK opcodes are disabled in the Dash-specific code? They are definitely not disabled in the Bitcoin code.
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    Smart Contracts for Dash

    A smart contract doesn't have to do a lot of computation. Even relatively simple things can be useful. Look at Ethereum's domain registration system which runs entirely via a smart contract. See: https://ens.domains/. The smart contract will let you register a domain name via an auction, or...
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    Smart Contracts for Dash

    Recently, Craig Wright spoke at a conference called “The Future of Bitcoin” in which he said that Bitcoin's scripting language is a 2-PDA, or two-stack pushdown automaton, which is Turing complete. If you click on the below video you might not see what you expect. The forum software in use...
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    May 2017 - Dash Core Team Monthly Report

    What happened was that you made some assertions ("Evolution is being developed in a private repository....") that made you sound like an insider or a member of the core team. But you had only recently signed up on this forum, so that seemed like a contradiction to me. That's why I asked if your...
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    May 2017 - Dash Core Team Monthly Report

    Generally, the most authoritative information comes from the combination: credible person + credible physical evidence It's not a good idea to choose the person or the evidence ahead of time.
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    Dash lacking research papers

    I see many features of the new software listed. But nothing about studies by academic exports. And no mention of game theory, which is the relevant field of research here.
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    May 2017 - Dash Core Team Monthly Report

    The authoritativeness of information depends on the people from whom you got it, not on the forum where you got it.
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    May 2017 - Dash Core Team Monthly Report

    How authoritative is this confirmation? (Since you signed up on this forum even more recently.)
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    May 2017 - Dash Core Team Monthly Report

    How authoritative is this information? (Since you signed up on this forum only recently.)
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    May 2017 - Dash Core Team Monthly Report

    Is the code being developed already open source? Or is it being kept under wraps for now?
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    How is Core Team held accountable?

    Please do a web search for: quadratic voting and see how researchers have concluded that one vote per person (or one vote per masternode) is a mathematically incorrect voting strategy. In a quadratic voting system, each masternode could cast any number of votes, but would be required to pay a...
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    How is Core Team held accountable?

    I don't think Dash as as much a DAO as people think it is. Superficially, the masternode owners call the shots and the core developers follow their wishes. Practically, it's the opposite. When we went through a major software upgrade recently, there was no obvious point in time when the...
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    Economics - How Should Dash Stay Competitive ?

    There is already a self-regulating mechanism in place. As the number of masternodes grows, the reward per masternode gets smaller. So the system reaches a sort of steady state where masternode owners consider the reward just large enough to be worthwhile running a masternode. No other mechanism...
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    Dash lacking research papers

    Bitcoin's life began with a document Bitcoin: A Peer-to-Peer Electronic Cash System that, according to Google Scholar, has been cited 1600+ times in other scholarly works. Ethereum has not been cited so much, but the Ethereum Foundation has produced an ongoing stream of blog entries that contain...
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    Veiwer confusion over Amanda B. Johnson as "Dash spokesperson"

    The public concludes that a particular person is a spokesperson for an organization from observing that person's language and behavior. The average person watching Amanda's videos will come to the natural conclusion that Amanda is a Dash spokesperson. There's really no other reasonable...
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    Is Dash getting chumped?

    Some more examples. India cash demand remains high, opportunity for Dash? No. Could "Frexit" create opportunity for Dash in France? No. Dash hits $100. Will it overtake Bitcoin? No.
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    Is Dash getting chumped?

    Any time you see a headline in the form of a controversial or alarming yes or no question, the answer is always no. This general rule has few, if any, exceptions. I challenge readers to prove me wrong.
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    Tapatalk blatant and annoying advertising

    Also, the newer free Discourse forum software (see: https://www.discourse.org/) automatically adapts to small screens, making the use of an app like Tapatalk optional and superfluous.
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    Tapatalk blatant and annoying advertising

    The Tapatalk makes it convenient to browse various discussions forums on the Internet, including this one. However, its blatant advertising is quite annoying. Each time I visit dash.org/forum, I get a pop-up window asking me to download Tapatalk. I have to tap somewhere to make it go away. And...
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    Potential Issues with Masternodes (1000 Dash requirement)

    I guess you meant PIVX. I think the same logic applies, i.e., a bubble. But let's be clear about something ... you can never be sure when you're in a bubble. Only after a bubble bursts do we know it was a bubble. If it never bursts, then it was not a bubble. So I can't say for sure we're in a...
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    Proposal: HD Wallet Project

    Oh dear, I think this is going to be a disaster. The http://www.ideasbynature.com/ website listed concap.io as one of their projects. So I downloaded the coincap.io Android app, and I was shocked at its many flaws. Briefly: app takes 4-5 seconds to start up; unreadable fonts; charts only...
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    Pre-proposal: Dash Wallet for Android - Maintenance and Support

    There is an existing deterministic wallet Coinomi that supports dash. And I think Jaxx is also compatible with Coinomi, i.e., the same seed words in Jaxx and Coinomi will generate the same dash addresses. So it would be really good if you could remain compatible with both of these wallets...
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    Potential Issues with Masternodes (1000 Dash requirement)

    We saw dash cross $100 and then drop, and now we're hovering close to $100 again. There's not enough business use of dash to justify this value. When bitcoin was at $100, it was in active use in the dark markets, so there was some basis for the value. Not so in the case of dash. Some other...
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    Potential Issues with Masternodes (1000 Dash requirement)

    Cross-reference: https://www.dash.org/forum/threads/how-masternode-payments-might-cause-a-bubble.9561/ The key observation there is: Dash must acquire market value primarily for reasons other than its demand for running masternodes. So long as a major factor in the increase in the value of...
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    Proposal: HD Wallet Project

    Statements This is a great idea. Please include hardware wallet support in the Android version. I highly recommend keeping the many good attributes of Copay while eliminating the not-so-good ones. A few weeks ago, the Copay wallet was completely redesigned, and the new user interface is...
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    How are the individual developers paid out of the dev budget?

    I feel that this construction comparison is not a good one here. Typically, this type of contract has a well-defined deliverable, and you have several or many potential contractors from which you can pick one, and there is a logical end to the contract when the extension has been built. And the...
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    How are the individual developers paid out of the dev budget?

    How much transparency Dash needs is always going to be debatable. I generally favor more transparency, many others favor opaqueness, and I'm sure the majority of people are somewhere in between. We don't need to decide this question in its entirety today. However, the point I made should be...
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    How are the individual developers paid out of the dev budget?

    It would be a good idea for the Dash core group to make a policy right now that all salaries will be openly published. So everything you get paid goes into a public spreadsheet. This is how it's done in almost all government agencies in the US and in many state universities in the US. If this...
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    Pre-proposal: Dash Wallet for Android - Maintenance and Support

    OK I know there will be differences of opinion about this, but the BIPs are intended to help ensure software compatibility. They don't necessarily tell us what words to use in our daily lives.
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    Why does Evolution require email registration?

    We can use the existing domain name system. E.g. <user>.evolution.dash.org.