Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
bigrcanada1
on 14/02/2017, 02:53:33 UTC

If there is no deadline then there is never an incentive to make the change over. Everyone is busy and it could take months to get everyone on-board 12.1 if you let them decide when it needs done.

But if there are a few large players that are having problems then I can see giving them a bit more time. But not setting a deadline is not a good practice. Procrastinator speaking.

May I respectfully ask if you are new to Dash? Enforcement usually begins roughly two weeks after the new version is officially released. In our entire history, there's never been a situation where the network just waited for weeks and months on folks to upgrade. Everybody is given a reasonable amount of time and then the trigger is pulled.

If you read Evan's 12.1 announcement, you'll note that February 12 is the *earliest* date that enforcement can begin:

Quote
End users, miners, pool operators, exchanges, and masternode owners have until Sunday, February 12th to update. After that date, we will switch completely to the new version as soon as our engineers determine it is safe to do so, and older versions of the software will drop off the network.

(emphasis mine)

At some point AFTER February 12, as soon as it is SAFE to do so, enforcement will be turned on. As Minotaur pointed out above, this is a hard fork. As of a couple days ago, our biggest exchange (Poloniex) hadn't yet updated. It seems unwise to just kick them (and all their users) off the network in a fit of pique.

Quote
But if there are a few large players that are having problems then I can see giving them a bit more time.

I'm not new to Dash. I was only expressing my thoughts out loud. And as I quoted above I'm really ok with Evan's announcement. That's just wasn't the information I remember reading and now upon reading his quote again, I have no issues.

But, I must admit I am confused now about what "enforcement" means or does. Some people are saying that as of yesterday only 12.1 masternodes are getting paid. I thought in order for that to happen, enforcement has to be activated.

Blocks mined with 12.0 are no longer accepted by the network because of bip65 activation so 12.0 masternodes are no longer payed.
Currently with no enforcement the result is that the miner can choose to pay a 12.1 masternode or keep all the reward to himself.

Okay, that is what i call valuable information. Also interesting is the info that exchange Poloniex still has not updated its Dash exchange wallet to v.0.12.1
That makes it understandable why dev team wants to keep enforcement off a bit longer.

I just wish that was communicated to us more clearly and i also hope Poloniex gets placed on a special attention list or something for future updates,
because it is strange that they still have not updated their Dash exchange wallet .. is that due to technical problems? or due to them not being aware
there is an Dash update in the first place ? (indicating a communication problem somewhere).
 


Yep. If this table is current

https://dashpay.atlassian.net/wiki/display/DOC/Exchanges

we still have 80%+ of trading volume occurring in 12.0 exchanges and Poloniex is just ~20%

The flip of the switch in this case would be very disruptive

This is glaring issue that all crypto's will be facing into the future.   Could you imagine if cyrpto was a main stream "currency" it would be pandemonium!  I would suggest that in the new DASH administration that the first peeps to get the updates would be the exchanges, in conjunction with the miners and MN holders.  Not sure how this could be addressed in the future but this is a serious problem. 

If this was a global payment system it would be a big fail for crypto.  Again not sure how this can be addressed but as a merchant for example this "fork" idea is a scary proposition, wither its BTC or DASH or whom ever. 

Just letting you know that the table is not current, all major exchanges have updated or have confirmed they are on it.  Atlassian is a manual process so give a little time for the PMs to update the table. Miners and Masternodes graph can be simply read from the network, while exchanges is manual.
Thanks Manotaur for the update.  Is there a link to a current chart?