Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
i'm thinking a week before we climb another rank on coinmarketcap, maybe even less.
Do you know how many dash are mined per day?
how many Moanero?
Dash = 2246
Monero = 6213 *
* doesn't include any secret coins, that no one knows about, because the block explorer doesn't show the output values...
That's the point
Despite the price per coin, the inflation rate is way higher.
And altcoins mkt are not very prone to inlfation rate.
There are 2x Moanero than dash - 85% or something close of the total value will be mined by this year (and it's still better than the 50% in the 1st year or so).
Something quite common in ponzi schemes.
It's funny given the instamine meme they have - 10% mined in 2 days, indeed, for a mistake in the algo (and some % since then) VS 80% mined on PURPOSE in 20 moths... and nothing then
High inflation, combined with a blockchain that can't be inspected or verified, failure to integrate with other systems. bubble popped. Not looking good for Monero.
Dash just getting started
What I have just read. I guess I made a mistake come read this
Here is how much Monero was mined till when. You can clearly see that on any explorer. Also Monero is open source proyect any anyone can see the code. And every transaction gets verified by any node. If it dont comply with the protocol will not be confirmed.
https://docs.google.com/spreadsheets/d/1qXi7zUSIh7F6UuSuhOryyFbHEy_LJuym3I3neAga_2s/edit#gid=239466694
I do know few years ago I could not found this about DASH from obvious reasons, for me totally unimportant so will not talk about them here.
In 2 days was mined 50000 XMR. That is 0.35% of as it is now and not 10%.
In general Monero emission is high so coins are cheap and everyone can get them since Monero is an experiment. It is here for everyone to play with it and use it. It was not made for few people to get rich as some other coins. If emission would be lower then price would be way higher what is sort of bad. I know some of you on this forum dont understand this logic since Crypto is for you just a way to get profit.
PS: I know I know. Waste of words
Still please tell me someone why monero have 14 000 077 coins and DASH only 7 119 101 coins? But xmr was launched 4-6 month after DASH?
Because that is how it is written in protocol. This many coins every day. You have full spreadsheet for Monero and also for BTC in my link, for past and for future so you can see. Every coin have different schedule.
Why is that way? As I said, because Crypto coins need to be at normal price from first day. Not super cheap and not expensive. It was perfectly projected in Monero case.
@BrainShutdown
Not sure what you are talking about. I clearly posted why I made post here. Since posts I quoted have nothing to do with reality. In this thread are many people that know that but did not bother to quote them and tell those 2-3 guys wrong. Why is that I have no ideas.
I do have knowledge of few coins. But is hard to know much since we only have 24h a day and Crypto space expand with lightning speed. Most I know of DASH is from people that shill on this forum. I dont know much actually. But what I wrote about I do. If you have any questions of some coins I know more anything feel free to PM me or ask in some other thread.