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Discussion in 'Official Announcements' started by Alexander Chopan, Apr 6, 2018.
What would be examples of some things you are looking for with respect to a sense of urgency?
I think @Alexander Chopan hit the nail on the head here. Mistakes were admittedly made, but the team that is rounding into shape now should prevent these mistakes from happening in the future. Running a decentralized business is not easy. What the Dash Core Group is doing has never been done before, both from an organizational and technological standpoint. Let's give them the benefit of the doubt, here! Patience is a virtue.
The first step in fixing a problem, is to first admit that you have one. I am a long timer at Dash and the post by @Alexander Chopan is the first communication I have seen that acknowledges and takes responsibility for the problems that exist in Core.
Most of the time its been smoke and mirrors with DCG making out that everything is fine, when the reality is, its plagued with growing pains, delays and performance issues. The best approach is rather to be open and honest and not pretend like everything is fine. I would rather see you have problems, and be on your journey and see how you go about fixing them....that INCREASES confidence and ultimately your reputation in the market. Being a wall of silence and not delivering is the biggest recipe for disaster which Dash has been for the last year, and rightly shows.
Saying the roadmap is almost done for months and months, saying the DIPs are almost completed, when communications from certain team members are that they arent written or haven't even started, people close to the project see right through this and the truth usually comes to the surface eventually.
I am happy to be patient to ensure Evolution gets the launch that it deserves. We are damn lucky that there is no competing project in the payments space with their own version of Evolution or you can bet that this project would dead.
Off the back of this, I am also happy to see Core has taken the right steps to ensure these issues are fixed properly and that things are done to ensure Dash survives for the long term.
If anything I would expect investors to see the post from @Alexander Chopan as a breath of fresh air and renewed enthusiasm.
Only thing left is to start delivering something solid in 2018, other than a late re-brand and some repeated updates every few weeks.
@Ryan Taylor @fernando @glennaustin
I am assuming that these means that there also dev's that where under-performing ?
I am glad that changes are being made but I also would like to believe that the Dash dev's are some of the best in crypto-town, but hearing this that not completely true
I would be more surprised if every single dev hired was preforming as expected. You will always have those who are under performing especially in a group of devs this big.
IMO lack of communication is perfectly acceptable in the context of under-promise & over-deliver, but in the opposite situation of over-promise & under-deliver an ominous silence sounds like a cover-up.
Dash (IMHO) needs three big, nested freezes to ensure Evolution ships ASAP, with the best PR a DAO bounty can buy.
1. Evolution feature freeze. Whatever the MVP is, let it continue to be. IMO we've spent enough time polishing the basic feature set and it's time to go with what's on the table. IMO a feature freeze is a must-do to stop/prevent feature creep (en.wikipedia.org/wiki/Feature_creep).
2. Evolution scope freeze. Whatever people, processes, and partnerships are ready to onboard with us are going IMO to have to be enough. IMO, the Evolution ship needs to set sail ASAP because it has been in dry dock for too long. A scope freeze is IMO required to stop/prevent scope creep (en.wikipedia.org/wiki/Scope_creep).
3. Dash Core Group Inc hiring freeze. The org chart of DCG is IMO getting unwieldy. I now see an entry for Investor Relations, which is confusing because AFAIK Ryan said not to market Dash as an investment. Exactly how much money and time are consumed by investor relations is just one DCG mystery about which many MNOs are confused (demonstrable fact, not speculation so no IMO disclaimer needed). IMO, an organizational freeze is required in order to stop/prevent bureaucratic creep, red tape, and instruction creep all at once, plus it would also free up money for smaller non-Core budget items such as DAO bounties for better PR. (home.earthlink.net/~bmgei/educate/admin/b_creep.htm, en.wikipedia.org/wiki/Red_tape, en.wikipedia.org/wiki/Instruction_creep).
IMO we should consider the possibility that the reason development seems to be slower despite Dash enjoying a much larger and better-funded DCG Inc. may be related to the nested concepts mentioned above and unpacked here:
Valid points. Worthy of discussion at least.
One thing I would point out, is that most of the other projects in this space that are making progress in their development goals are centralized projects, or at least centralized in their present, early state of development. It's much easier for a centralized development team who controls all of the funding and has it all upfront. Dash has been decentralized from the beginning, and is only just now starting to develop structures and organization parallel to those a centralized development team might have, and Dash is doing this in a decentralized way. If we want to maintain our commitment to decentralization and administration by the DAO, it's going to be a longer, harder road to get where we're going. This would be the case even if we were producing very simple, run-of-the-mill products, but we're not. We're doing unique, unprecedented things, and the extent to which other projects have copied or borrowed from Dash and been met to more or less of a degree with their own successes is a testament to the fact that we're on the right track. We're going to get where we're going, and it sounds like Core is adjusting and honing their methodology and praxis accordingly, but I'm not sure what people expect from a decentralized team that is in the midst of a huge expansion and reorganization effort while simultaneously working on enormous projects in the middle of a market downturn.
What I see right now is precisely what *I* would expect in such a situation, and I'm not the least bit concerned about Core's present progress, pace, or scope. The features I've seen that have or are going to be added for the Evolution MVP developed organically and procedurally out of what it would take to best facilitate the other features already planned. For example, if you implement "names" on chain, then you're going to need a system for how those names are obtained and how these new "addresses" and "account" relate to one another. If you're going to have a DAPI, then you're going to need a framework wherein other developers are able to interface with and utilize it. Etc, etc. These are synergies that are necessary for proper functioning that are born out of testing and usability study. I wouldn't want a half-baked product to reach the market. I would rather have a solid, functioning, feature-rich one. If Evolution is delayed beyond this year, then I would feel there is cause for concern, but I think Core has demonstrated so far that they are able and willing to adapt and do what it takes to produce world-class products and I have not been given any reason to lack confidence in this outcome.
That said I really think there were more DASH organizations doing development beside DASH Inc and core be develop by comission similar like Bitcoin Cash, they have the ABC team they have bitpay team and other organizations contributing code to the ecosystem. Something like 'bcoin' (a nodejs node alternative to the c++ node from core), and mantain that node and produce software on top of it like frameworks, solutions and promote protocols that increase the functionality of masternodes.
I can see 5 or 6 organizations eating out of the treasury, what I really wish that doesnt happen is these C-level and managers and others positions to make a 'cathedral type' structures that are solely feeding off the treasury.
Seems like a workable model when the time comes, but that would definitely be expensive for us, because people know that we *can* fund them, so they won't want to work without commensurate funding as they might be amenable to in other situations. We do fund quite a few independent developments like different wallets, the masternode tool, and other parts of the ecosystem, it's just currently heavily skewed toward Core over independent developers at the moment. I agree, though, cathedrals or silos or whatever are probably antithetical to the values that have propelled Dash to this point and I hope we'll be able to resist that temptation.
Yes maybe when we are big, but thats really not something that might matter... I think there is enough funds going to marketing that honestly we dont need.
Also I think this will motivate other organizations to keep producing at the expense of having the risk of secrecy or just keeping the community uninformed for long periods of time like we are seen right now. Competition is always the best way to keep companies agile and open.
It come under my attention that dASHBREAKER
Is both active on this forum, and that there is a dASHBREAKER_ active on /r/monero reddit, actively attempting to discredit Dash in a disingenuous way.
I does seem likely to me that this means we are perhaps dealing with a "concern troll"
Yes, you are correct about that. @dASHBREAKER will be allowed to remain active on this forum, but will still be subject to Dash Nation forum rules, which means no speculation as fact. Some of his criticisms have merit, if he’s forced to abandon some of his more colourful, less-factual comments.
Thank you, and I agree with you that you cannot simply ban someone on suspicion alone, I even doubted for a second to even post the connection.
However seemingly using info such as he provides is extremely difficult to discredit and or counter, and I am saying this while I hold a Bachelor of Information and Communication Technology, (aka designing and reviewing organisational structure is part of my CV)
And this is precisely what a concerned troll does, causing doubt.
To address the matter at hand he speaks of and other here as well. Yes Dash Core has grown, and yes Dash Core had more than it's fair share of problems, but most of these problems have been fixed, and quit a few solution where revolutionary and innovative for the whole crypto industry. I would say that so grade A stuff.
The only reall thing is that software development is moving to slow.
From my personally I am relativity optimistic here, and am expecting, the extreme delay of 12.3 as a one off, and expect 12.4 to be live in about 5 months after 12.3 is live.
We should also compare Dash to other top coins, honestly are coins such as bch, ltc, eth, xmr, nem and DCR even delivering any meaningful code in a timely manner ?
Take for example eth, what are they doing ? moving to POS, sharding, some form of privacy, something similar to LN. ETH is talking about these things now for a couple of years, and still they haven't really delivered anything.
XMR for example, what have they done other than implement code that is based on other people research, bulletproofs is certainly cool if delivered, but still XMR will still scale very poorly, specially because they will use that added benefit into an increase of more ring signatures.
From my perspective these are far more basic concepts than the concept of creating the Dash evolution platform.
Assuming that Dash can deliver 12.3, 12.4 including DIPS 2,3 and 4. Some alfta/beta version by the end of 2018, we will do just fine.
I am expecting to see the Dash Core team, blow most if not all of the competition out of the water in terms of delivering in terms of speed and quality code. The structure of the Dash Core team is simply miles more professional than the above mentioned projects.
I will even go so far as to say, Dash will probably not copying bitcoin-core code anymore into Dash core, but will be running ahead of them by the end of 2020.
I am not attempting to be an over optimistic hippie here, but I am fine with being critical, and we should continue to be so, but, some of us are starting to undersell Dash in a way that not fair when comparing it to our competition (coins that are aiming to be a currency).
The take way from my story is: this overly negative behavior, is negatively affect Dash it's position in the marketplace as well. While almost all others are overselling there coin/project we are underselling ourselves. Please don't undersell Dash, seeing we have already delivered so much, and some much more to come.
I also have some concern about the team capacity to release on time/schedule but that's not my main concern.
My main concern, looking at both last Q1 2018 Summary Call and what's going on at DCG June14th is the Financial state of the organization.
What I like about the Dash approach is that it's a self-funded organization which is from my perspective the best approach for long term success.
However, I start to realize that with such high price volatility, it should be extremely hard for Glenn (the CFO) to pay fix costs (offices, human resources etc...) with highly variable incomes.
Am I the only one having concern when I see that the Net income went from $6.574 Million of benefits to -$7.433 Million of losses in 1 quarter! not mentioning that based on Glenn's comments during the Q1 call and the last "What's going on" update, it's not going to improve this quarter.
This is what concern me the most today.
Any other perspective on this?
Starting from this month Glenn will start to build up some buffers for Dash Core, so the concerns should be put to rest in the coming months. That being said, It would have been simply wonderful if Dash Core did this during the month's November and December 2017 and January 2018. But Glenn was not with us back then.
Thanks for your response, that's what I understood too from his comment but as we all know the devil's in the details.
Typically, I'm interested to understand how we will be able to create the buffers?
How much of the Budget will now be needed to pay our monthly fix costs + create buffers taking into consideration that the Dash price is quite low currently and might not evolve in the upcoming months/quarters. (Sorry I try to be as objective as possible).
EDIT I've actually been able to found all responses to my questions in Glenn's previous posts called "DCG Budget Planning Update"
Hello Dash Community,
In the spirit of radical transparency: area updates from our bi-weekly management meetings. In this way, you can follow the evolution of our organization and decision-making, as well as our product development. We hope you use this information to hold us accountable to our plans, learn with us, and contribute to our growth as an open-source, decentralized autonomous organization.
Of note, some elements are redacted, such as Business Development. We do not publicize ongoing activities with our partners. We will continue to announce partnerships through separate press releases.
I didn't see a dash.org website redevelopment mentioned. This was once part of the roadmap if I'm not mistaken and if it wasn't it still needs to be highly considered given all the updates to the project and with the Evolution rollout.
Hello Dash Community,
In the spirit of radical transparency: area updates from our bi-weekly management meetings. In this way, you can follow the evolution of our organization and decision-making, as well as our product development. We hope you use this information to hold us accountable to our plans, learn with us, and contribute to our growth as an open-source, decentralized autonomous organization. Of note, some elements are redacted, such as Business Development. We do not publicize ongoing activities with our partners. We will continue to announce partnerships through separate press releases. https://drive.google.com/file/d/1Z3bib8ASQii0RSWJ5095wMbWHGzqFst6/view?usp=sharing
I hope the dash community will understand one day that if they rely on eponymous persons and "core teams", these persons are susceptible to the agents' blackmail and they will betray dash's goals. That 's how the agents imposed aml/kyc to dash, and thats how dash became the crutch of the monetary system, instead of fullfilling its original goal which was to overturn the monetary system. And the same applies to bitcoin of course, and to any other cryptocurrency.
But there is still hope for the dash community, and for the crypto community in general, as long as the community gives value to the decentralization (which presupposes that whatever governance decision is taken by a community vote and not by a core team), to the anonymity, to the proof of individuality and to cryptoparties.
I'm curious about our SEC engagement, can someone please go a bit more into that ?
Is the SEC studying Dash as a cryptocurrency ? Or are there talks about a Dash ETF ?
I would check out Ryan’s interview last week on 3 Amigos. He talks at length about why Dash is approaching the SEC.
Where is that document other than here ? I don't mean links to it. People that are not registered any form of way for any related to Dash, need to be able to read this kind of stuff.
Quit allot of people value crypto's based on their report and progress.
My advise would be put these out via medium posts, lots of other coins that process them on a regular bases, have positive effect from it. At any rate it's the next step to improve communication. and or a monthly summery or something.
It is a long interview that he made, that video-document is public.
it is shared on all social media
A video is not considered as a document, because it is not searchable.
If someone says something on video, maybe it is not because he wants to announce it in public.
Maybe it is because he wants to hide it among other chatter, yet be able to claim that he said it in case someone accuses him he didnt.
The same applies to any other non searchable media (sound, pdf e.t.c.)
Can you please tell how I can read it on medium ? Because I am not able to find it.
At any-rate i went here after reading it on dash discord "dash-important" it only has a link to this forum, if it can be found at more places, you should add at the very least some of those that can be reached by others.
I very much doubt all people on discord have an account here.
That truly is a great video, but for outsiders the 3 amigo's podcast are not well watched, and that video is way to long for most people. Personally it was a great confidence booster.
I am not trying to discredit the recent increase in communication from Dash Core, but there is still lot's of room for improvement, most importantly making it easier to read/view and find.
It's meant as positive feedback.
i never said it is on Medium but you can read it all over here:
(+ on DF you do not need to log in to read - only to comment)
+ telegram (2 outlets)
+ Dev Slack
Hi...i have an idea Can we create a "News" feed right off of our front page of our website... A NEWS column that lists the latest official news feeds.