Post
Topic
Board Altcoin Discussion
Re: Dash: The Future Internet Of Money?
by
TaoOfSaatoshi
on 10/04/2016, 16:54:44 UTC

I think we will not need Dash or any other altcoin to have privacy in crypto anyway. Most of the development is happening on Bitcoin. Sooner or later Bitcoin will become optionally as anonymous as all those "anonymous altcoins" and all the money on those coins will come back to Bitcoin. With Confidential Transactions, CoinJoin and more, Bitcoin will have no competition for anonymity as well.

OH RLY?

Bitcoin devs can't even agree on a simple block size solution.

And they are going to implement CT, CJ, and more at the protocol level to be used by default with no issues in the transition process. Okay

let me know when you wake up from your dream.

Maybe because the solution is not simple?
The Core devs have already proved that segwit works:

https://segnet.smartbit.com.au/block/0000008dfef05aa2924f65f3423de9875005a9107ff1c963c6c35f929b32ff0e

Here is proof. So Bitcoin IS scaling, and is getting privacy friendly features added too.

Only idiots are still arguing about blocksize increases and dreaming with some irrelevant altcoin taking Bitcoin's #1 spot, everyone with a brain and money already moved to BTC or is doing so slowly to not raise the market too soon.

Thank you for your valuable contribution. A lot of people share your opinion. Dash will be just fine in that environment. We will establish ourselves slowly at first, with the trickle of users soon becoming a flood for the reasons described in my article in the OP.

I wish Dash nothing but the best, but those people saying how Bitcoin is dead and it can't scale hoping that some altcoin will take its place are nothing but delusional.
Bitcoin is scaling, Bitcoin will get more private, those are facts. You just can't say shit about scaling when alts don't even have to face that problem because they are tiny. If some alt gets as big as Bitcoin it's going to be fun seeing them struggle with scaling. It's easy to talk on the sidelines.

There is truth in what you are saying but lets just see what the Bitcoin halving will do with regards to its mining activities, its transaction confirmations and longterm how decentralised it will stay as a whole.
Those are currently my main concerns with regards to Bitcoin.
Bitcoin's possibly semi-centralized and privately funded attempts to scale notwithstanding, the points I made in the OP stand. Bitcoin, through centralized funding sources, will not be able to innovate and adjust as fast as Dash's decentralized funding and governance model. Over time we will start to see the advantages add up. When you introduce centralization to a decentralized currency, it's a recipe for disaster, if you care about that. Dash is decentralized from top to bottom, it is a priority for us, and that is a model that will provide the cohesiveness and the flexibility to overtake the market leader, and lay claim to the title of Internet Of Money.