DASH build some amazing tools to improve fungibility, but I wouldn't say it's in the protocol...
I suppose that depends what you define as the 'scope' of the protocol. The masternode network are simply peers of the regular network which operate in a an alternate logic mode. Thats why they're often referred to as a second 'tier', or 'tier 2'. Their function is 'protocol level' enough to be subject to the condition of mining majority for successful adoption which I think is the significant criteria in that respect.
As far as I know, it's impossible to have a cryptocoin which doesn't have public balances for addresses
Doesn't Cryptonote do that ? In Cryptonote the balances are not public.
Yup, I think they go only by transaction number? Or am I remembering incorrectly? It's a super confusing Blockchain explorer. I decided above all else, that cryptonote will likely never work because the amount of information each transaction has to be run through is going to become such a
large database, it will
slow down so badly that it will become a slug. I can't see how they can possibly trim any of it. They say they can, but I have other issues I can't figure out, and I've tried. Still, no gui, a
bloated block chain and
no real developers working on it makes me think that if it's ever workable, it'll be 20 years in the future.
Being about 3/4 the age of Dash, almost 5 times the size blockchain, and far far fewer people using it (meaning not nearly as many transactions going through as Dash), their blockchain issues are massive.
Yeah, the "scope of the protocol" is subjective. In my opinion, a masternode that is hosted somewhere else isn't really part of the protocol, but I agree, it's debatable.
Never heard about cryptonote... It seems a lot has changed since I researched BTC in 2012...
It's a bold claim that they have balances which are private. Seems like impossible to do.
But if they have, can this be added to DASH? It would be very good for privacy: people can still see how much is on an address, so when you don't use darksend, people can see what the balance is on the address of your mixed coins.
You mentioned that no real development is happening on the cryptonote coin. So it doesn't seem worth my time...
Also, you say that the coin has a lot of issues (like a large database, being slow and a bloated blockchain), and there are other issues you say.
No GUI isn't really a problem for me, I am used to command line.
Should I check it out or is it a coin that promises a lot but doesn't deliver?
edit: I didn't read all the noise on the next pages, i have better things to do with my time.
All talking about the instamine... I already mentioned that I hope DASH can overcome this issue, because we really need Digital Cash.
I must admit that the fact that it's 1.9 million coins in 24 hours worries me a bit. It's a lot, but as long as this "instamine" wasn't planned, it's ok for me. I don't agree with the statement in the article that it is good for the project... I mean, bitcoin devs worked for free in the first years. When you create value and your project is interesting, I think others will join you and will help you out with developing and/or donations.
But what's done is done, I guess.