Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
cryptonewb
on 11/10/2015, 23:51:51 UTC

BTC vs DASH?
Andreas on fungibility(33:08).

He says that 'over time I think we're going to see some improvements to that".

Well, not at protocol level we're not. Only at "boilerplate" level.

I think he was uncomfortable answering that question because he basically didn't have a clue what to say (since they're isn't anything to say - as I just pointed out, 'fungibility' in bitcoin is as good as it's ever going to get at protocol level). He ends up deviating and attacking governments and blacklists instead.


DASH build some amazing tools to improve fungibility, but I wouldn't say it's in the protocol... As we all know the big problem of bitcoin is that it has public addresses and balances. DASH just copies this flaw but adds tools to it (darksend) to make the coins private and unlink them from identities. For example when you buy DASH on an exchange and send it to your wallet, that address is linked to you. But when you use darksend to send the coins to yourself, it will be unlinked! That is the real improvement. As far as I know, it's impossible to have a cryptocoin which doesn't have public balances for addresses, but that would be better. If that ever gets implemented in DASH somehow, it would be fantastic!

Also, i'm a bit concerned about the masternodes largely being hosted on external services (I saw a post about the outage of Vultr where some nodes are hosted), but I guess when we have enough different nodes, this isn't really a problem...

but overall, I think DASH does the job. It's good enough, it works! looking forward to the evolution vid Smiley