Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
coins101
on 17/04/2015, 07:30:52 UTC
I think I rambled on way too much, my question/points were:

DASH needs development and needs to grow, because it's the best solution out there IMO and in other's opinion, and we want to see it take over the world.

To succeed, DASH needs to grow.  It needs a super easy interface for the masses, one that makes it super easy to keep your funds safe.  It needs mature services.  loans? how does that work in a decentralized, deflationary economy?  Stock market, other infrastructure.  Unlike Banks, DASH and the masternode system lend themselves to many other solutions such as a decentralized exchange, a decentralized market place, a decentralized private internet.  The sky is the limit, and it's natural for DASH to expand in these ways.

But who will pay for all this work?  The potential is there, but funds are not.  Are there decentralized ways to fund a decentralized autonomous corporation, perhaps using this new voting system for decision making?  That could earn money to pay for future development?  Does anyone see a way that this could work.  It's not easy!  If this entity, like Andreas Antonopoulos explains, can own it's own funds, and spend them when needed, this is very intriguing.  How would projects get the green light?  How would this entity be funded? 

Do you think, as I do, that something like this must happen for DASH to survive into the distant future?

Tante you haven't rambled at all. You've put up an incredibly important set of questions and points about the future of Dash (and frankly all open source based 'community' style projects). There can't be too much emphasis placed on how important the points you've raised are.

I'm in the middle of something so can't give it my attention right now, but hope to respond in teh next day or two (and I'm sure Toknormal, Bridgewater and others will be busily thinking about what you've written too).

Awesome, I look forward to it!  I'm always here when it's so quiet, LOL Smiley

Finally. People are starting to get it. Great stuff.

Here are the threats I posted last April:

Threats

* Darkcoin technology is or will be open source. Clones can therefore spend more of their time focusing on marketing and eating into Darkcoin market share.
* Excessively used by bad actors for illegal purposes may create negative brand association over the medium term which may put off consumer focused merchants
* Launch of new anonymity protocols which offer better anonymity features
* Development team remains small and unable to scale the project
* Early success causing distractions and loss of focus for core team from technical and project development
* Development of Bitcoin sidechains which, when eventually made available, could link anonymity features to bitcoin transactions

https://bitcointalk.org/index.php?topic=579976.0

Lets set-up a group of 5 and call ourselves team mass adoption  Cool