Universal Dividend and Web of Trust for Dashcoin

[demo]

This is just a question.

Universal Dividend means that everyone who owns a dashcoin wallet, he gets a basic income just for beeing a member of the community. This basic income could be from 0 dashcoins to total_dashcoins/members, and this could be a subject to vote.

In order to give a basic income, of course a Web of Trust is needed. Because we have to distinguish dash members that are real persons, and not alternative accounts.

So what do you think about it?

I am talking about Dash, not dashcoin, please forgive my typo in the title.

 

[demo]

In order to have a basic income for dash, we have to take care of Sybil attacks, and prove individuality, using a Web of Trust.

But of course we have another possibility and this is http://proofofindividuality.online/

About POIs

POIs (proof-of-individuality) are smart-assets that are hosted on the Ethereum network. They solve one of the hard problems in crypto - how do you prove that a person only has one account within the system ?

Through person-to-person verification. Users are grouped together by random in groups of 5 or so, and every group does a video hangout at the exact same time, that lasts around 10 minutes or so. Users check so that the others in their group aren't doing another hangout at the same time. They then sign each other's POIs and verify them. Once the hangouts are finished and all POIs have been verified, everyone will know that each POI represents a unique human being.

 

[oaxaca]

I doubt anybody wants dashcoins.

Even if the dividend was paid in Dash, it is not needed or desirable. POI are not needed either.

sorry.

 

[demo]

I doubt anybody wants dashcoins.

Even if the dividend was paid in Dash, it is not needed or desirable. POI are not needed either.

sorry.

Nobody wants dashcoins? Then what are we doing in this forum?

Could you please explain your talk.
You are talking with conclusions, whitout presenting any argument.

I think a basic income will attract new users, and it is a nice idea for dash coin to evolve.

 

[crowning]

This is just a question.

Universal Dividend means that everyone who owns a dashcoin wallet, he gets a basic income just for beeing a member of the community. This basic income could be from 0 dashcoins to total_dashcoins/members, and this could be a subject to vote.

In order to give a basic income, of course a Web of Trust is needed. Because we have to distinguish dash members that are real persons, and not alternative accounts.

So what do you think about it?

Sounds like a Prove of Stake coin, but with a fixed amount per wallet instead of proportional to the number of coins at stake.
Interesting, but AFAIK most POS coins failed badly.

Besides this, I could hire loads of Chinese people cheaply (I have friends there) to prove individuality for my hundreds of wallets I would create.

 

[oaxaca]

 

[cas]

Nobody wants dashcoins? Then what are we doing in this forum?

Could you please explain your talk.
You are talking with conclusions, whitout presenting any argument.

I think a basic income will attract new users, and it is a nice idea for dash coin to evolve.

This is a DASH forum mate, not DASHCOIN. They are different Cryptos

 

[TaoOfSatoshi]

Sounds like a Prove of Stake coin, but with a fixed amount per wallet instead of proportional to the number of coins at stake.
Interesting, but AFAIK most POS coins failed badly.

Besides this, I could hire loads of Chinese people cheaply (I have friends there) to prove individuality for my hundreds of wallets I would create.

A Dash wallet sweatshop? How cruel...

 

[amanda_b_johnson]

Merely owning a coin is not performing a needed network service, so it doesn't warrant a monetary payment.

 

[demo]

Sounds like a Prove of Stake coin, but with a fixed amount per wallet instead of proportional to the number of coins at stake.
Interesting, but AFAIK most POS coins failed badly.

Besides this, I could hire loads of Chinese people cheaply (I have friends there) to prove individuality for my hundreds of wallets I would create.

In that case you could divide universal divindend among countries, taking into account the population of the country. You have already started this country division among dashers.

If you hire chinese people , they will have to prove their identity in order to get their basic income. In that case, they will claim that the dash they own (that it is originating from universal dividend) belongs to them, and you could not claim it is yours.

This is why we call it money, because everyone who owns it, he is alone and the only who owns it. "Money" name derives from the Roman Goddes Hera moneta, which means Hera the alone.

So if you hire chinese people, due to the proof of identity that it is required in a universal dividend scheme, you have to allow them to own the money alone, then in that case you do not own it.

 

[demo]

Merely owning a coin is not performing a needed network service, so it doesn't warrant a monetary payment.

Could you please explain this?

 

[demo]

ok... I mean dash, not dashcoin.

 

[oaxaca]

Could you please explain this?

What service are these individuals performing for the network? Are they mining, mixing, storing, forwarding, creating anything? No they are not. Simply existing should not be rewarded.

 

[demo]

What service are these individuals performing for the network? Are they mining, mixing, storing, forwarding, creating anything? No they are not. Simply existing should not be rewarded.

You are wrong. Existing is the more imporant thing, as long as you exist and you are active.
Active means you are doing transactions with your money.

This is how economy works. Dash needs transactions to be made with it, and this can be done by real people who get a basic income.

So basic income should be given to people who are doing transactions regularly.

 

[oaxaca]

But why should you get rewarded with extra Dash dust simply because you exist?

 

[demo]

But why should you get rewarded with extra Dash dust simply because you exist?

Not simply exist.
Exist and be active, means you are doing transactions with the dash money they give you.

Real transactions, like bying or selling services, bying or selling food or anything like that.

This is how dash economy can become real, and not remain a virtual one.

 

[oaxaca]

Seriously, you want to spend your $0.00001 USD?

 

[demo]

Seriously, you want to spend your $0.00001 USD?

how can I spend it?

 

[demo]

By the way, my dash wallet crashes whenever sychronization finishes. I run a win32 xp version.
Do you know why this happens?

 

[yidakee]

This thread is epic!

By the way, my dash wallet crashes whenever sychronization finishes. I run a win32 xp version.
Do you know why this happens?

Are you sure it's dash, or could it be a dashcoin wallet ?

 

[demo]

This thread is epic!



Are you sure it's dash, or could it be a dashcoin wallet ?

Yes it is dash. My wallet was not sychronized, and It crashes when sync ends.
But after two or three crashes, it seems ok now, I am synchronized to the latest transactions.
unfortunatelly I still have 0 dashes in my wallet. Nobody gave me anything.

Thats why I am asking for a basic income in dash economy.
For me to have a few dashes to spend.
Or maybe you could give a basic job in dash economy.
Everybody to have a job in dashnation, and be paid for that.
I dont mean mining or something, I am talking about real job that requires human resources to be spend.

 

[yidakee]

Yes it is dash. My wallet was not sychronized, and It crashes when sync ends.
But after two or three crashes, it seems ok now, I am synchronized to the latest transaction.
Still 0 dash in my wallet.

Thats why I demand for a basic income in dash economy.
For me to have a little dash to spend.

Bazinga...!!

The man is demanding passive income guys. Time to re-write Dash. I propose we just shut-down github, it's useless.
.

 

[yidakee]

I see you edited your post and are no longer demanding. Good move.

Sorry fella, we don't give jobs away. People earn them through specific projects that are proposed to the network, which get voted on by the Masternode network, which by the way was also created as a way to also fix the typical problems associated with the typical PoS type coins you described earlier.

Once in a while a specific project may need community help, in which case we publicly announce it. People are often chosen by reputation, antiquity and/or skill set - in no particular order, it really depends on the situation.

Other than that, you're always welcome to contribute wherever you can, the best you can.

This is a meritocratic project, not a marxist-socialist project

.

 

[demo]

This is a meritocratic project, not a marxist-socialist project

.

And who decides what this project is? You are?

You better read some books about free money,
And you will understand that you are not a meritocracy, because there is not a merit when someone just coins money.

In order for a money to be free, and an economy to be free, money must have some properties.

The freedom to choose your currency system
The freedom to access resources
The freedom to estimate & produce value
The freedom to trade with the money


What do you have in Dash?

You have an owfull space-time asymmetry

When new Dash are created, only some Dash users (the miners) are credited of brand new dash, while the others get nothing. I believe this is the first injustice.

Dash has a planned limit of some millions of Dash, which means less and less Dash will be created over the time until 0 remains. So, once first adopters will have mined every Dash, how will future joiners do to get Dash? Answer is: just like Euros or Dollars. To get money you have to work for the ones who already own it. I believe this is the second injustice. Every member of a monetary community should be equal towards money issuance, and get the same relative amount of new money over the time, even if he is a later adopter.

Dash Nation must fix this bug by making Universal Dividend grow by the time according to precise rules allowing members equality toward money issuance on a half-lifespan.

You have no merit at all, just because you run your computer and produced some dash. You have to work, and you have to keep some dash and distribute some dash to the future generations.

Otherwise your dash will never been adopted by mass people.

So stop naming yourself a meritocracy. Meritocracy is in the work, not in dash ownership, especially whan taking into account the way some of you owned that dash (by taking advantage of the initial space-time assymetry bug of dash)

 

[yidakee]

Right... And bananas. You mustn't forget about bananas.
I absolutely love bananas. Everyone should have at last one banana milk-shake a day.
Cool thing is bananas are for free too.
Free bananas.
No banana should ever be imprisoned.

 

[oaxaca]

And how is your meritocracy going to force me to drink this banana milkshake? Bananas are disgusting, I damn near gag even just smelling the things. Can I use my computer to mine Dash and use the ill gotten rewards to pay a banana offset?

 

[demo]

Nobody will accept an unfair coin of geeks, especially if it is assymetric in space-time.

You have to create a FAIR coin, that RESPECTS people, that RESPECTS SYMMETRY IN SPACE TIME, that RESPECTS NEW COMERS AND NEW GENERATIONS, and in that way people will TRUST your money (because money without trust, is not money at all)

This is the only way, otherwise you will remain geek losers.

The sad thing is that you dont understand how much losers you are.
How much time you spend in something worthless, because trustless money is worthless money.
Eat your banana now.

 

[crowning]

When new Dash are created, only some Dash users (the miners) are credited of brand new dash, while the others get nothing. I believe this is the first injustice.

Start your wallet, go to the "Debug console" and enter "setgenerate true". You're a miner now. What's your problem?

To get money you have to work for the ones who already own it. I believe this is the second injustice.

Welcome to planet Earth and capitalism. Most of the DASH I own were bought from some exchange with money I had to work for. I couldn't convince my boss to give me the money without working for it, for social justice.

You have an owfull space-time asymmetry

Whatever you smoke, I want the same

Seriously, my personal opinion is you should create your own coin where people earn new coins without working for it.
Maybe SocialCoin would be a good name for it. Its value on exchanges might suffer a bit from the general approach, though.

 

[Comodore]

Terrible typos everywhere. Your language can't be trusted but you want to start WoT? Stop these dictotorial ideas. Dash is free currency.

 

[demo]

Terrible typos everywhere. Your language can't be trusted but you want to start WoT?

We are not all native english speakers. When someone talks, focus in the idea of what he is trying to say, not in grammar or in syntax.

It is scientifically proven that grammar nazis are stupid.