Search results

  1. Koromoto

    Pre-proposal – Add Dash for trading in Colibit (Cryptocurrency Exchange in Venezuela)

    So the hard questions were never answered, can we assume the volume must be really low in the pennies, and the user count close to zero?
  2. Koromoto

    Guide to forking Dash up to the genesis block?

    Expanding a bit more, the whole idea is to have a master coin (store of value) with 100 tokens (country fiats), a wallet with two main accounts as savings (private) and cash (vanity) where transfers from personal accounts occur instantly (internal exchange) and transfers from wallets (world...
  3. Koromoto

    Guide to forking Dash up to the genesis block?

    Hey guys, I'd like to fork Dash to play with tokens in my continuous research about solving world commerce and instant payment so any pointers on how to do that would be highly appreciated. I'll also create a very specific wallet with vanity numbers and instant exchange between X-DASH and fiat...
  4. Koromoto

    Guide to forking Dash up to the genesis block?

    Thanks Jim, will do so.
  5. Koromoto

    Guide to forking Dash up to the genesis block?

    Hey guys, I'd like to fork Dash to play with tokens in my continuous research about solving world commerce and instant payment so any pointers on how to do that would be highly appreciated. I'll also create a very specific wallet with vanity numbers and instant exchange between X-DASH and fiat...
  6. Koromoto

    Proposal: Help Venezuela digitize its economy

    To simplify, just think about Paypal on the blockchain. Paypal doesn't create money, they just move it around.
  7. Koromoto

    Proposal: Help Venezuela digitize its economy

    The idea of VEF-TOKEN is that they serve as unit of account, not as currency. You deposit 100 VEF and they represent 100 VET just so you can send/receive them in our network like using a debit card or paypal, but in reality they're still the same 100 VEF. If you deposit 100 Bs in your bank...
  8. Koromoto

    Proposal: Help Venezuela digitize its economy

    No. Can you please explain why?
  9. Koromoto

    Dash Races To Build Payment Network System For Tomorrow

    No they won't. I've explained a thousand times why no single crypto right now is positioned to be the payment system of world commerce.
  10. Koromoto

    Dash On Coinbase Rumors

    I believe Coinbase will add the top ten coins to their portfolio and that definitely will help them reach all-time highs.
  11. Koromoto

    Pre-proposal – Add Dash for trading in Colibit (Cryptocurrency Exchange in Venezuela)

    > “Venezuelans are taking refuge in digital currencies,” said Rafael Useche, the founder of Colibit. I'll ask the hard questions, how many real users Colibit has currently? And how much BTC daily volume are you trading? Last question, based on the number of real users what do you think will be...
  12. Koromoto

    The Dash Budget is not a venture capital fund

    Unfortunately the treasury attracts plenty of con artists looking for free money. I also believe grants should be used in infrastructure and marketing but it all should be managed and supervised by the Dash Foundation not by individuals trying to hit the jackpot. Key points that should be...
  13. Koromoto

    Spammers found their way in

    And they're back with a vengeance.
  14. Koromoto

    MasterNode Scaling...

    I think the days of universally distributed blockchains are gone and central blockchains will take over. I believe miners are dead and masternodes will reign supreme, the fewer the better. I believe instant transactions will be the only kind of transactions, why would you settle for less?. I...
  15. Koromoto

    Dash vs IOTA

    Don't get me wrong, I believe in DASH but unfortunately DASH doesn't believe in me. I like simplicity and instant transactions, I don't like volatility but the rest of the world is interested in making quick bucks and plenty of con artists trying to put their claws in the treasury for anybody to...
  16. Koromoto

    Spammers found their way in

    Helloooooooow! Everybody playing golf? Drop the clubs damnit and call pest control!!!1!
  17. Koromoto

    Spammers found their way in

    Isn't there any moderation queue?
  18. Koromoto

    looking for input.

    Not yet, still trading at $1 with a market cap of 815M, but that's not the point, the point is that pegged tokens are valuable but whatever, if nobody is interested then there is nothing I can do except my own research until I find the right tool and the right people, at the end it's a matter of...
  19. Koromoto

    CryptoKitties craze slows down transactions on Ethereum

    World commerce needs 1M tps so Dash is not ready either. Gonna take a look at IOTA to see what they bring to the table, they're steamrolling everybody right now.
  20. Koromoto

    looking for input.

    Two and a half years later and there is no solution in sight because people is still thinking about cryptos and cryptos are not the solution, they are the problem because of volatility. Pegged tokens are the solution. I hope somebody at least gives a try to this proposed solution.
  21. Koromoto

    Dash coin subdivisions

    MASH, NASH and DUFF could be a second option. Will leave that here as a personal note.
  22. Koromoto

    Dash coin subdivisions

    mDash, uDash, and Duff, I like it.
  23. Koromoto

    CryptoKitties craze slows down transactions on Ethereum

    CryptoKitties craze slows down transactions on Ethereum http://www.bbc.co.uk/news/technology-42237162 I believe contracts are not a good idea to have attached to a cryptocurrency, they should be in their own network just for cases like this and they have a very valid purpose: to keep an open...
  24. Koromoto

    Dash vs IOTA

    This is what I've been trying to say, I don't know why it's so hard for some people to accept reality. Mere mortals are afraid of technology and they seek refugee in simplicity. I firmly believe IOTA and ADA will quintuplicate their price in the coming months regardless of their technical merits.
  25. Koromoto

    should dash innovate in more areas given we have more funds ?

    Sure it could, but that's not the point. The point is that they could and they did create a pegged token (USD-T) that proved to be valuable because there was a need worth billions of dollars. If they mismanage their trust that's up to them and I hope DASH takes note, still there are 199 more...
  26. Koromoto

    should dash innovate in more areas given we have more funds ?

    > Imo, dash needs to be multi-crypto. I think it should be multi-token for the same reasons you expose, at the same time exchanges will provide dash-tokens the same way Bitfinex does with USD-T to simplify fiat-token conversion, all parts can be easily provided by DASH becoming the world...
  27. Koromoto

    December 3rd 2017 Dash Treasury Proposals Update

    That's an average of $135,000 per project. What's the ROI?
  28. Koromoto

    Which are 3 weak points (challenges) for DASH?

    Ok here is a bullet list: The most important social pain points are: - Volatility (Merchants won't be changing prices on every tick) - Fractionality (Consumers won't buy a bag of bread for 0.00634512) - Convertibility (Consumers and merchants won't make conversions from fiat to crypto) The...
  29. Koromoto

    Which are 3 weak points (challenges) for DASH?

    No cryptocurrency ever will be the money of the future because of volatility unless two things occur, they peg themselves to their fiat counterpart or they replace fiat, and Dash is no exception. Yes we all can make millions with crypto as an investment and store of value but forget about...
  30. Koromoto

    Dash coin subdivisions

    Approaching $1000 per DASH I guess it's time to start using millis as the equivalent for dollars while doing conversions. So what are the names of subdivisions in DASH like millis, minis, micros, nanos, satoshis? Is that even a thing?
  31. Koromoto

    Proposal: rollout to thousands of independent musicians

    Thanks for the links, more info for my own research and more proof the need exists and nobody has been able to satisfy it.
  32. Koromoto

    should dash innovate in more areas given we have more funds ?

    > @Koromoto -- How much experience/expertise/education do you have with forex trading, arbitrage, and central bank operations? Zero. Does that eliminate the need to simplify world commerce? No single crypto has broken that nut and the elephant in the room is getting anxious. Those who see the...
  33. Koromoto

    Proposal: rollout to thousands of independent musicians

    Hey Graham, can you try a different approach just to test the waters for Dash Tokens? Pick one possible partner and ask them if they'd be interested in a crypto tethered 1:1 to the Ukranian currency and let's call it DASH-UK (it may collide with United Kingdom but will deal with that later)...
  34. Koromoto

    Introduction of Dash and basic online marketing skills to youth (12 - 15yrs) in Kumbungu District.

    My support goes to a DASH-GH token tethered 1:1 to the Cedis. Dash Tokens: https://www.dash.org/forum/threads/dash-tokens.18408/
  35. Koromoto

    Proposal: Help Venezuela digitize its economy

    About inflation, of course our fiat currency loses value on a daily basis at an alarming rate, but still I have to buy a bag of bread for ten thousand VEFs, tomorrow it will be twenty thousand, then thirty thousand, it's a fact we can't escape, If we want to protect our money we would buy DASH...
  36. Koromoto

    Proposal: Help Venezuela digitize its economy

    Trust is a key word, and here exactly is where DASH shines if they act as central banker for the DASH-BS. Faucets will start promoting the token, miners and masters make their profits as usual, exchanges gain from the ask/bid spread, and users enjoy the simplest wallet of all paired to a phone...
  37. Koromoto

    Proposal: Help Venezuela digitize its economy

    Great idea, I believe giving money to people (one dollar is enough in developing countries) is a good way to introduce them to cryptocurrencies. Our project goes beyond that, it includes creating a 1:1 token and a vanity registry for simplicity. What do you think about this idea?
  38. Koromoto

    Proposal: Help Venezuela digitize its economy

    Hey Ale, welcome aboard the DASH train. I'll send you an email right away.
  39. Koromoto

    Proposal: Help Venezuela digitize its economy

    The government is starting their own crypto but nobody will use it since nobody trusts them. At least it confirms the need for a cryptocurrency in Venezuela to escape from the destructive policies of the dictatorship...
  40. Koromoto

    should dash innovate in more areas given we have more funds ?

    Dash could play the central bank role as the token emitter and sell tokens to agents/exchanges for a lower price in USD with the condition that Dash keeps the price at 1:1 plus margin, then they'd buy/sell with a markup, agents would be responsible not Dash to exchange back and forth with local...