eduffield
Core Developer
Hello Everyone!
Now that we’re all back from the Netherlands, I wanted to reach out to the community and update everyone about the status of the project and what we’re currently working on.
I’m really happy with everything going on in the project, our current team and the projects capabilities for growth over the next few years. Many unexpected things came out of our trip to the netherlands, including a sense that we’re really working on something really special. It’s amazing to see how well our team gets along and how all of our various skills fit together. Beyond team building, the Netherlands trip was also fantastic to see what the uninitiated think about Dash. We had really long conversations with many people and our technology and offerings, they are very interesting to everyone we came into contact with. In fact, we ran into some people at a cafe talking about Masternodes a few days after the event! So I couldn’t be more happy with the decentralized governance and budgeting system for promoting Dash, it’s been quite a bit more effective than I originally thought it would be (and I thought it was going to be highly effective, it’s insanely effective in reality).
What about Dash Evolution?
The reason we’re being quiet about the capabilities of Dash Evolution is we want to buy some time to work on it privately. By the time everyone realizes what we’re making, we’ll be so far along this path, that no group will be able to implement it fast enough to launch this system before us. Dash Evolution includes many components of what we believe is the perfect platform for growing a new decentralized economy, built around pure peer-to-peer commerce.
What do we know about Evolution so far?
Evolution is a completely different way of thinking about cryptographic currency. To start, we’ve figured out how to implement an API in such a way that it’s both completely secure and decentralized. This will allow us to use 5-20 DASH random sub-quorum servers per request, instead of all of them as is the norm with the rest of the cryptographic currencies (each node must process each request individually). That alone gives us a large leap in technological abilities that none of our competitors have, but combined with our decentralized storage mechanism we can enable large scale support of user-based storage. This means our users data will live on the network and they can jump from their android Dash wallet, to a browser-based Dash wallet without losing information about their transaction histories, friends or private messages.
Technical details of the system are quite impressive alone, which is what we revealed at Bitcoin Wednesday in Amsterdam. However, that’s not really what is going to sell the system. We’re going to compete by making a new type of cryptographic currency that is user-focused.
All components of cryptographic currency are being rethought.This is intended to be a platform that the rest of the world can use without being scared away by all of the complicated cryptography happening behind the scenes. When a transaction comes into your wallet, it will say “Evan sent you 41DASH for Samsung 2005 TV”, not “41DASH from XrWaFt4YY3AevBoZWkmrQEYSAYwiUFodtB”. The later scares away a large percentage of the population, because it looks complex and feels unsafe.
If we told everyone within the community every detail, we would steal our own momentum, so we’re going to show a proof of concept of this system in action at Bitcoin Miami. This is quite exciting because this is one of the largest most influential conferences within the Bitcoin ecosystem and we hope to ignite a lot of interest.
DAPI will also include a vastly improved version of masternode blinding. All requests through the system can be blinded, so that they are redirected through the system to a masternode that doesn’t have any direct contact with the end user. This is the reason we will not be building masternode-blinding into the v12 client.
Budget Reporting
The budget system has been invaluable for our outreach programs into the larger community. Now that we’re back from the Netherlands we plan to develop some reporting standards to keep the community informed about what money is being spent on within the project. We’ve already shared some detailed internal reports with high level core-team members, these team members (Flare & UdjinM6) can assure the community that a great deal of care is being taken when dealing with these funds and we’re using the communities money to the best of our ability.
We have quite a backlog from being in the Netherlands, so expect some reports about the Sept budget within a week. The Oct report will be presented the first week of Nov and the same going forward. We were 2 full weeks traveling in Europe so please excuse the delay in the first report.
Timeline and Milestones
The fact of the matter is that the outside overall community doesn’t have much of an understanding of the Dash project in it’s present state. Our website and pr strategy up to this point has been mostly to cater to those already in the community. We’re going to retarget our strategy and build a website and pr strategy that is targeted at those outside of the community. Many of us on the team have experience building companies and marketing to new users, we’re going to utilize this experience over the next few years to bring many new users into our space.
Even without Evolution, we would have done fantastic over the next few years due to Darksend, InstantX, Decentralized Governance and Budgeting and our Virtual Corporation. So we believe it’s key to get this information about what the Dash project currently is, out in the open and well understood. This means, we actually have a nice window to develop Dash Evolution and we’re not in a hurry to launch it. In fact, it’s to our benefit to make sure that Dash Evolution is absolutely perfect when we launch.
Milestones
Public Awareness - Phase I - October 1st, 2015
Utilize the budget system to spread information about the Dash project all over the world. Hit as many conferences as possible, educate people if possible to understand the more technical aspects of Dash so they can explain it to others.
Start designing a website and portal for all Dash related information to live.
Dash Evolution Development Begins - October 15th, 2015
I will begin work on the new Dash Evolution framework. This consists of the basic architecture, classes and simply functionality that runs the system.
New Website - January 8th, 2016
The new website will be designed to be the place to go to keep up with Dash, get initiated with our project originally and keep up to date about everything happening in the network as well. It will also be designed with converting new users into our ecosystem in mind.
Dash Evolution Phase II - November 7th, 2015
Private internal development will begin on the Dash Evolution framework.
Dash Evolution Demonstration / Phase III - January 26th, 2016
We will demonstrate what our new technology is about, how it works and why it’s a huge leap ahead of anything else that exists presently.
Marketing & Sales Funnels - February 1st, 2016
We’re working with some companies to enhance our new-user experience to improve the way they flow through the system to get into our ecosystem. By February the community should start seeing how all of this works for us.
Now that we’re all back from the Netherlands, I wanted to reach out to the community and update everyone about the status of the project and what we’re currently working on.
I’m really happy with everything going on in the project, our current team and the projects capabilities for growth over the next few years. Many unexpected things came out of our trip to the netherlands, including a sense that we’re really working on something really special. It’s amazing to see how well our team gets along and how all of our various skills fit together. Beyond team building, the Netherlands trip was also fantastic to see what the uninitiated think about Dash. We had really long conversations with many people and our technology and offerings, they are very interesting to everyone we came into contact with. In fact, we ran into some people at a cafe talking about Masternodes a few days after the event! So I couldn’t be more happy with the decentralized governance and budgeting system for promoting Dash, it’s been quite a bit more effective than I originally thought it would be (and I thought it was going to be highly effective, it’s insanely effective in reality).
What about Dash Evolution?
The reason we’re being quiet about the capabilities of Dash Evolution is we want to buy some time to work on it privately. By the time everyone realizes what we’re making, we’ll be so far along this path, that no group will be able to implement it fast enough to launch this system before us. Dash Evolution includes many components of what we believe is the perfect platform for growing a new decentralized economy, built around pure peer-to-peer commerce.
What do we know about Evolution so far?
Evolution is a completely different way of thinking about cryptographic currency. To start, we’ve figured out how to implement an API in such a way that it’s both completely secure and decentralized. This will allow us to use 5-20 DASH random sub-quorum servers per request, instead of all of them as is the norm with the rest of the cryptographic currencies (each node must process each request individually). That alone gives us a large leap in technological abilities that none of our competitors have, but combined with our decentralized storage mechanism we can enable large scale support of user-based storage. This means our users data will live on the network and they can jump from their android Dash wallet, to a browser-based Dash wallet without losing information about their transaction histories, friends or private messages.
Technical details of the system are quite impressive alone, which is what we revealed at Bitcoin Wednesday in Amsterdam. However, that’s not really what is going to sell the system. We’re going to compete by making a new type of cryptographic currency that is user-focused.
All components of cryptographic currency are being rethought.This is intended to be a platform that the rest of the world can use without being scared away by all of the complicated cryptography happening behind the scenes. When a transaction comes into your wallet, it will say “Evan sent you 41DASH for Samsung 2005 TV”, not “41DASH from XrWaFt4YY3AevBoZWkmrQEYSAYwiUFodtB”. The later scares away a large percentage of the population, because it looks complex and feels unsafe.
If we told everyone within the community every detail, we would steal our own momentum, so we’re going to show a proof of concept of this system in action at Bitcoin Miami. This is quite exciting because this is one of the largest most influential conferences within the Bitcoin ecosystem and we hope to ignite a lot of interest.
DAPI will also include a vastly improved version of masternode blinding. All requests through the system can be blinded, so that they are redirected through the system to a masternode that doesn’t have any direct contact with the end user. This is the reason we will not be building masternode-blinding into the v12 client.
Budget Reporting
The budget system has been invaluable for our outreach programs into the larger community. Now that we’re back from the Netherlands we plan to develop some reporting standards to keep the community informed about what money is being spent on within the project. We’ve already shared some detailed internal reports with high level core-team members, these team members (Flare & UdjinM6) can assure the community that a great deal of care is being taken when dealing with these funds and we’re using the communities money to the best of our ability.
We have quite a backlog from being in the Netherlands, so expect some reports about the Sept budget within a week. The Oct report will be presented the first week of Nov and the same going forward. We were 2 full weeks traveling in Europe so please excuse the delay in the first report.
Timeline and Milestones
The fact of the matter is that the outside overall community doesn’t have much of an understanding of the Dash project in it’s present state. Our website and pr strategy up to this point has been mostly to cater to those already in the community. We’re going to retarget our strategy and build a website and pr strategy that is targeted at those outside of the community. Many of us on the team have experience building companies and marketing to new users, we’re going to utilize this experience over the next few years to bring many new users into our space.
Even without Evolution, we would have done fantastic over the next few years due to Darksend, InstantX, Decentralized Governance and Budgeting and our Virtual Corporation. So we believe it’s key to get this information about what the Dash project currently is, out in the open and well understood. This means, we actually have a nice window to develop Dash Evolution and we’re not in a hurry to launch it. In fact, it’s to our benefit to make sure that Dash Evolution is absolutely perfect when we launch.
Milestones
Public Awareness - Phase I - October 1st, 2015
Utilize the budget system to spread information about the Dash project all over the world. Hit as many conferences as possible, educate people if possible to understand the more technical aspects of Dash so they can explain it to others.
Start designing a website and portal for all Dash related information to live.
Dash Evolution Development Begins - October 15th, 2015
I will begin work on the new Dash Evolution framework. This consists of the basic architecture, classes and simply functionality that runs the system.
New Website - January 8th, 2016
The new website will be designed to be the place to go to keep up with Dash, get initiated with our project originally and keep up to date about everything happening in the network as well. It will also be designed with converting new users into our ecosystem in mind.
Dash Evolution Phase II - November 7th, 2015
Private internal development will begin on the Dash Evolution framework.
Dash Evolution Demonstration / Phase III - January 26th, 2016
We will demonstrate what our new technology is about, how it works and why it’s a huge leap ahead of anything else that exists presently.
Marketing & Sales Funnels - February 1st, 2016
We’re working with some companies to enhance our new-user experience to improve the way they flow through the system to get into our ecosystem. By February the community should start seeing how all of this works for us.
Last edited by a moderator:
On the budget reports, maybe superblocks instead of months?
