Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
This could be really cool as a tool after 12.2, we can make all of the network data available to us in a database, then query locally using MYSQL.
https://www.periscopedata.com/ab?source=quantcast&ad=so-300x250
Imagine graphing stats like Payments Per hour, Account Creations Per Hour, etc. We can track the activities on the network pretty well with something like this.
https://www.periscopedata.com/ab?source=quantcast&ad=so-300x250
Imagine graphing stats like Payments Per hour, Account Creations Per Hour, etc. We can track the activities on the network pretty well with something like this.
I forwarded this over to Google, now if the Dash price in the next few days suddenly increases by tenfold .. you will know why
there are plan to change the algo to avoid asic raping this in the future, because x11 asic are already a reality, or nothing will be done?
From the developer:"Another very important point to make about the Satoshi Roundtable was the very large issue with mining centralization in the Bitcoin space. When Satoshi originally invented Bitcoin, he did not anticipate the excessive mining centralization that has become a dominant force in the Bitcoin space. Due to this, we now have a small group of people that literally control the protocol consensus and their short term interests may be in conflict with the long term interests of other stakeholders, industry, users, etc. We definitely do not want our ecosystem to follow the same failed course and we definitely would have under the pooled ASIC mining paradigm. This is mainly because there are differences in efficiency that a miner can gain depending on where they live, which can give a huge advantage when their higher investment returns are compounded. Efficiencies such as cheaper labor, cheap or free electricity and even withholding newer advanced ASICs for their own mining operations, then selling them after they become less effective. After many iterations of these phenomenon in BTC we have come to a situation where the ones who have access to these advantages effectively control Bitcoin.
"After hours of discussions, we believe we have found the solution to the unfair mining advantages that produce centralization around certain jurisdictions that control the production of ASICS. We will be releasing much more information about this soon, but are feverishly working on this project for v12.1. Were going to be releasing much more information about this in the coming weeks; its going to be a giant advantage for the Dash project."
Source: https://www.dash.org/forum/threads/march-2016-budget-proposal.8198/#post-86929
More clues can be found here : https://soundcloud.com/fernandogutie/sets/the-dash-rountable-podcast
at 55:27
It involves a new form of Proof of Work