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Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
Solarminer
on 23/04/2016, 04:08:22 UTC
First sentinel command. My brain is exploding from what this thing is capable of Shocked.

Quote
12:08:38 {master} ~/Desktop/projects/sentinel$ ./sentinel-cli --create="user" --name="blockchain-contract-evan-2016" --revision=1 --subclass="employee" --dash_monthly=233.32 --first_name="evan" --last_name="duffield" --address1="123 w. main ave" --address2="#123" --city="Phoenix" --state="Arizona" --country="US"

Quote
12:25:04 {master} ~/Desktop/projects/sentinel$ ./sentinel-cli --events_process=1
Processing queued events
('17', '7', '1461350402', None, None)
loaded event successfully
loaded govobj successfully
prepared
 --cmd :  
        mngovernance prepare  1 1461352124 blockchain-contract-evan-2016 5b227b226c6173745f6e616d65223a20226475666669656c64222c202263697479223a202250686 f656e6978222c202266697273745f6e616d65223a20226576616e222c202276657273696f6e223a 20312c2022646173685f6d6f6e74686c79223a20223233332e3332222c2022636f756e747279223 a20225553222c20226164647265737331223a202231323320772e206d61696e20617665222c2022 6164647265737332223a202223313233222c20227374617465223a20224172697a6f6e61227d225 d;
LoL care to explain what this is to us mere mortals  Huh
Let me try to get a stab at why this is cool.
#1 This is a contract  ... this is where most coins would start jumping up and down spewing Ether and Gas and sending out press releases....Evan says not good enough
#2 This is a contract tied to an identity(user)
#3 Since an identity is verified by name/address/city/state it opens the door for a loan against that identity.

Now we are closer to what Toknormal is pushing for, flowscripts, like what is described in the "proof of labor" proposal.  Basically, this allows a future contract tied to an identity.  Or a way to start production with funds now payable in labor in the future.  (I barely grasp this myself, but it is the start of something very big.)

See how it is cool now?