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Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
RomanL
on 03/05/2016, 14:56:15 UTC

Another substantial article by the Dash World's very own Vanbex Group: Dash Aims To Surpass Bitcoin And Become The Future of Money.
http://cointelegraph.com/news/dash-aims-to-surpass-bitcoin-and-become-the-future-of-money

Up-vote(s) on Reddit would help the cause:
https://www.reddit.com/r/Bitcoin/comments/4hnh8x/bitcoin_is_finished_dash_aims_to_surpass_bitcoin/

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Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
RomanL
on 01/05/2016, 14:03:27 UTC
I am not here often but thought I might cross-post Dash World update posted on the Dash Talk anyway:

Unless we provide our audiences with substantial, valuable content that has a clear message we’d be wasting time and money. hobbskevin director at Vanbex put it succinctly: “just putting out press with no substance or goal will do Dash no good,” so our approach is to create valuable, “shareable” content that gains traction over time.

For that purpose ericsammons has written a wonderful first article "Dash, the anonymous evolution of Bitcoin," with support and quote(s) from Evan Duffield. (here: http://bravenewcoin.com/news/dash-the-anonymous-evolution-of-bitcoin/)

They are working on the 2nd article and the separate work on Masternode piece is underway. (see this thread) After we publish these we want to move into educational pieces and than more investment pieces and so on.

We understand the community’s concerns best visible in a private message I received: “we need press, period, if we have none, nothing gets out, so better "bad" (or whatever you wanna call it) than none.” Just to spam the airwaves with crap will only make Dash look like a scam. This is about quality and getting the information out to the right audience.

I hate beating on the dead horse but I think the Masternode owners and the community need to understand this approach better. For the best example of “press with no substance or goal” we do not have to look further than to the "Dash Media Coverage Report - Jan 2016," where the column "H" titled "ApproximateAd Equivalency" states the said "equivalency" being valued at $97,857.98 which would’ve been a wonderful news if it were true:

-- CPM or Ad Rate was set at $16.00 per a thousand views and therefore had:
-- $16,000.00 as “Ad Equivalency” for one particular article (line #11, CoinTelegraph);
-- the article in question @ http://cointelegraph.com/news/dash-...to-bitcoin-offered-by-the-lamassu-atm-project tells us the article had 474 views;
-- 474 views x $16.00 CPM : 1,000 = $7.58 as REAL VALUE of the ad equivalent. The report exaggerated the estimated value of their work for $15,992.42 or 1,212.80% - one thousand and two hundred times. And than some more.

We had, out of ALL articles listed in that report, 377 hits to the official Dash website. The article I quoted above brought 94 visits. That's the real value of the total “approximate ad equivalency” sold to us.

Such meaningless publishing for the sake of publishing is not a route Dash World wants to take.


First appeared on DASH WORLD update #4: Articles
https://dashtalk.org/threads/dash-world-update-4-articles.8741/
now migrated to:
https://dash.org/forum/threads/dash-world-update-4-articles.8741/

update: 2nd placement of the article @ http://bitcoinist.net/origin-dash-future/
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Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
RomanL
on 30/03/2016, 07:40:57 UTC
You know, I share your desire for this one to go forward, but I have to admit, I don't think we're late on such a project.  That is, if these two fellows are willing to try again, maybe even wait until the 12.1 budget system is ready, I still don't think it'll be too late.  Though, I'm sure they would have liked to get going on this, there are so many competing things at the moment, it's hard to get noticed Sad  The issues they're fixing aren't even on the radar for crypto yet, even so they're obvious to anyone in finance.

We might be late if we wait with shaping the message. Those months needed to finish Evolution are like a life-time in crypto. Ponder this. We're #5 market cap wise for ages. We exist for over two years. Now look at our Slack channel -- it has about 100 members and compare it with 3,068 member on slockit channel dealing with DAO that does not even exist yet!!

I keep hearing how Dash is "not ready" (an argument I fail to really grasp. Not ready because new features are yet to be implementing? That's like saying Apple is not ready because i-Thingy v.20 is yet to be manufactured -- businesses evolve all the time) while, for example, it Masternode network is up and running for ages already. It secures the network, provides the interest. What is to wait?

If EVER the power of expectations was obvious, that's in that DAO example. We should figure out a way to jump on the Internet of Things bandwagon ASAP or all these IOTA & DAO will have left us behind. That's why "Micro-economy of Dash" is a crucial part of the overall proposal.

Maybe I should offer to help them formulate a new proposal that has a more practical orientation and that might be more palatable to the community.

When I was writing the proposal, Tok, I hoped to approach and engage you to contribute on a monetary, fiscal etc., properties of Dash. If you ponder the proposal carefully you'd see it has already lied down quite a few very concrete, practical orientations that have to be developed as a coherent message.

And no one is as coherent as you are.

Having said that, we've listened to the community, lowered the price to reflect the Dash's price recent runup, have several other digests about the proposal like Adobe Slate presentations:
Dash World: Evolution in Marketing @ https://slate.adobe.com/cp/QzVGY/
Dash World: Micro-economy of Dash @ https://slate.adobe.com/cp/GPU5F/
or the podcasts by buster:
Dash Round Table Ep.02 - DashWorld Budget Proposal with Lisa Cheng and Dr. BobLQ
https://www.youtube.com/watch?v=cxzloTQZGnQ
Dash Round Table Ep.02 Extended Interview with Lisa Cheng and Kevin from The Vanbex Group
https://www.youtube.com/watch?v=awJo6AWY6qU

And, needless to say, a shameless plug, you can vote "YES" for the Dash World here:
https://www.dashwhale.org/p/DashWorld-v.2

 Wink
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Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
RomanL
on 30/03/2016, 07:23:14 UTC
With the recent proposal to divert funds from Public Awareness, I would suggest looking at the Dash World proposal for a renewed focus on marketing.  These guys have their act together.  Detailed proposal, targeted marketing, great metrics, good ideas.

https://dashtalk.org/threads/dash-world-evolution-in-marketing-budget-proposal.8259/

And if you want to listen to the proposal owners talk about it, check out Buster's/Oaxaca's/Fernando's Dash Round Table Episode 02 with Lisa, Dr BobLQ, and even a Rooster  Smiley.
http://dashroundtable.org/episodes/


on a sidenote
i think they have to adjust their price to recent Dash going up
drop it down a bit to be "in the range"
 Wink

It has not been dropped down to "be in the range."

It has been dropped down because "we have listened to the community's concerns regarding DASH's increased price (from $4.51 to $7.00) and have incorporated them into this new proposal that now reflects a new price. Instead of 1,175 DASH the same dollar value is in 775 DASH requested herein."

I'd love if:
a) other projects would have been as ready to listen to the community and act accordingly as we are:
b) we'd have a serious conversation about decentralized governance because it needs to be improved. The price fluctuation is one of the obvious issues that need to be resolved. What would happen with the optics of any long-term proposal that is calculated based on, say $7.00, once DASH reaches $10.00 / $100.00 / $1,000.00?
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Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
RomanL
on 23/03/2016, 16:16:46 UTC
I've changed my mind about the `max` amount of Masternodes. With DashDrive and the new quorum structure we could have millions. Besides, I fit a model recently to try and project the masternode count. If we leave everything exactly the same, the model projects about a max of 9700 masternodes.
https://docs.google.com/spreadsheets/d/1RpLd87PTs65sz8USrrXwGRoVGVbzaC-nunErEtGSJoE/edit?usp=sharing

You wrote "shards will be stored multiple times on the network," and "T3 Masternode Quorum Actions is currently being written/rewritten," so I am wondering how do you anticipate the millions of Masternodes being possible, considering the limited supply of DASH?

Is is possible to share what do you plan to change?
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Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
RomanL
on 22/03/2016, 15:46:18 UTC
never mind, i just remembered Dash Debit Card has a later start date, its not scheduled for next super-block (448632) but for the super-block in june 2016 (481864)

Ah, that is it? I was just looking at "First Seen: 2 days 5 hours 36 minutes 26 seconds ago [3/20/2016 11:07:35 AM]" which is over 48 hours and got confused even more  Huh
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Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
RomanL
on 22/03/2016, 15:31:32 UTC
Is the debit card a brand new proposal? For the first 48 hours all budgets, no matter their votes, show as "will not be paid." Proposals take 48 hours before the network recognizes them as "mature."

It's been added on 20-03-2016 so it very well may be less than 48 hours. This very well might change. (to my expense Smiley but better metrics are better metrics)
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Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
RomanL
on 22/03/2016, 08:25:02 UTC
GreyGhost's proposal "Dash World: A Micro-economy of Dash" is described here in vivid color:

https://slate.adobe.com/cp/GPU5F/

#DashNation

Thanks @taoofsaatoshi

From Dash Talk @ https://dashtalk.org/threads/dash-world-evolution-in-marketing-budget-proposal.8259/#post-88860
"As we're counting down to buster's Dash Round Table: Ep.02 that is streaming live on Mar 26, 2016 (Budget Proposal Interview with Dr. BobLQ and Lisa Cheng of Vanbex Group about Dash World @ http://dashroundtable.org/episodes/ep02/) here are two Slate Presentations as a segue to the discussion:

Dash World: Evolution in Marketing @ https://slate.adobe.com/cp/QzVGY/
Dash World: Micro-economy of Dash @ https://slate.adobe.com/cp/GPU5F/"
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Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
RomanL
on 20/03/2016, 11:48:43 UTC
“DASHPAY-WOOCOMMERCE“ Demo
(WordPress plugin)

https://youtu.be/HFzMPBY1rAQ
pretty cool !

Not just pretty, I daresay, it's ultra cool!  Wink
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Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
RomanL
on 19/03/2016, 15:02:36 UTC
Yeah, the the language can get pretty damn sophisticated but if page after page of definitions and sub-definitions are used to box scenarios in until they can be considered infallible there's still the issue of enforcement. Just as you say with Libya, tptb can go to extreme lengths to get their way, will they go as far as creating a scenario to justify crippling global communications? I honestly don't know but it's not inconceivable and that honestly scares me as it's hard to come up with a peaceful scenario for that and what do a few million lives matter when the stakes are power?

But that's getting a bit ahead of the point, laws are only relevant where they can be applied and the law knows its limitations and knows that trying to extend its reach too far can bring its legitimacy into question. Trying to enforce authority on something like crypto is extremely risky, if its something people want then even the very best case scenario is heavily tarnished with fascism and as crypto is ever evolving it's far more likely to end in humiliation.

There was once a little company that thought they could take on open source in the courtroom called SCO. Well, not such a little company actually, quite a big company, back in their hayday they probably had somewhere around the same kind of market and share as Oracle has now. They tried to claim rights to Linux but couldn't win that battle and they had Microsofts might behind them, it wiped them out.

SCO bankruptcy was a beauty...

Old Marxist Antonio Gramsci famously said, "I'm a pessimist because of intelligence, but an optimist because of will," so I also chose to be an optimist. Also, it's fun to think about those issues so I do not think they need to cripple global communications in order to go after Bitcoin Nodes, Dash Masternodes, Ethereum Nodes etc., as these are heavily concentrated anyway. And how many are in total, less than 20K?

Sure, I am aware that if Amazon would be forced to take them down others will pop up elsewhere, but we deal with a monstrous hydra that kills left and right in order to survive. I am in Berlin at the moment and just this morning had a conversation with an immensely intelligent person. "I am not sure anarchy would be better," was her comment on my statement that the system "they" created is pure evil and that needs to be dismantled. Well, I replied, it requires a system (Churches or Kingdoms in medieval ages; corporatism today) to send people to kill and die in foreign lands.

"The people, if left to their own faculties, would not just organize and invade Iraq, or, in your case, Russia  Wink, without being brainwashed first."

It left her think. P2P decentralized society that is emerging in front of our eyes is the first thing in ages that makes me an optimist without needing efforts of a will.
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Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
RomanL
on 19/03/2016, 13:44:46 UTC
This is what I think as well. The legal system just isn't designed to deal with this. It requires legal entities the whole time and for a legal entity to be associated with property. Thats why we have banks - so that your state of credit or debt IS your money and that money is synonymous with your identity.

It has painted itself into a corner. Left a wide open goal. Satoshi quietly switched the points a few miles ahead of the state-managed financial juggernaut and sent it down a spur.

What happens if we are in the park, happily chatting watching our kids play....I scrawl out a bunch of numbers and letters in the sandpit for you that represents the private key to a blockchain address containing a million dollars worth of capital ?

Have I then "paid you" ? Are you then liable for $300k in tax ? What about all the other people who saw it but didn't know what it meant ?

Regulate that   Cheesy

But they are already defining crypto as properties, as the IRS Virtual Currency Guidance states. http://www.irs.gov/uac/Newsroom/IRS-Virtual-Currency-Guidance

I realize it has been easier to kill Gaddafi and ravage Libya so the "gold dinar" would not have been adopted in Africa as replacement for the U.S. dollar (he wanted to trade oil only in "gold dinars" bypassing the mighty buck and its colonial properties and have therefore paid the price), than to destroy decentralized, spread all over the world arcane property, but I am wary of "them."

They might also try to co-opt the crypto space and suck it into their financial crime cartel shenanigans. It is too early to tell but it does seem we have a fighting chance this time.

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Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
RomanL
on 19/03/2016, 13:35:28 UTC
Ahh, but the thing about cryptocoins is... there are no coins. All the terms like "wallet", "send", receive", etc. they're all a bit misleading because nothing is actually stored or transferred, when you "receive" coins what you actually receiving is the ability to modify part of a distributed ledger using your private key.

Ok, pedantic argument but it does highlight the kind of problems caused in trying to build an economic system using a language originally developed for telling other monkies where to find the best fruit, that directive probably cost hundreds of extremely expensive hours to formulate and it's full of holes. What about machine to machine transactions, they don't count as payments? Common sense would suggest it would be up to the courts to establish how it's applied in areas it doesn't clearly cover but they seem just as confused by it all, calling crypto a commodity one day, a token the next, give them a few years and they'll probably come to the conclusion that crypto is a platypus.

How hard can it be? "if (balance > 0)... ", so simple yet put 100 lawyers on it for 100 years and they still wouldn't have an infallible definition.

EDIT: Wow, both the blue and the red pill, we is goin' quantum!!

TPTB will have hard time defining and / or defeating crypto-currencies.

The legislation defines them as personal use assets, so crypto transactions are akin to barter arrangements. For the tax purposes, virtual currency is treated as property for U.S. Federal Tax Purposes.” In Germany, Bitcoin (and other cryptos) is "private money" which can be used in "multilateral clearing circles.”

Nick Szabo used Chaumian protocol to coin a "digital bearer certificate" term, incorporating digital cash and distributed capabilities (secure distributed object references). It was in 1997.

source: http://szabo.best.vwh.net/bearer_contracts.html
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Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
RomanL
on 19/03/2016, 08:11:46 UTC
Electronic money system development in European Union by Daniel Wilusz is interesting:

Directive 2009/110/EC introduces quite liberal definition of electronic money which states that, “electronic money means electronically, including magnetically, stored monetary value as represented by a claim on the issuer which is issued on receipt of funds for the purpose of making payment transactions as defined in point 5 of Article 4 of Directive 2007/64/EC, and which is accepted by a natural or legal person other than the electronic money issuer.”

And than:

"From the technical point of view, this definition broadened the scope of electronic money systems architectures. Directive 2009/110/EC defines electronic money in the way that enables both token-based and account-based systems to operate, as it limits only the way the electronic money is stored (electronically or magnetically), without influencing the place of storage. In particular, European Authorities declare in the preamble of Directive 2009/110/EC that, “the definition of electronic money should cover electronic money whether it is held on a payment device in the electronic money holder’s possession or stored remotely at a server and managed by the electronic money holder through a specific account for electronic money.”

source: http://www.kti.ue.poznan.pl/sites/default/files/Wilusz_Legal_determinants_of_electronic_money_systems_development.pdf
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Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
RomanL
on 18/03/2016, 11:45:39 UTC
The scam group (www.darkcoin.company) have been caught.
title said they scamed 1.5 billion within 8 months

Great! Hope the dash wallet fraud is next.
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Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
RomanL
on 18/03/2016, 06:51:26 UTC
I've got 2 a couple budget proposal ideas.

1: Crystalise the Reserve Market - Dash Fixed Income Bonds
======================================
Take what Node40, Splawk and people like that are doing and build a front end investment product that's financial in nature as opposed to "techie".

That would serve 2 purposes:

a) create one of the first financial products that's crypto-based" but pays out in fiat - i.e. a cryptocurrency fixed-income bond that can be traded, just like government or corporate bonds

b) further decentralise the masternodes (i.e. decouple the association between individuals and nodes).

I've never really seen nodes as being a "my node" thing. They belong to the network and individuals may control parts of the coin supply, some of which collateralises a node. Right now, we as individuals are caretakers for individual nodes, but I see that as being temporary. As the network matures I see a masternode more like a power station in a national electricity grid:

 - it's may be commisioned by one authority
 - it's maybe run by a staff of 200
 - it's maybe owned by a corporation with 20,000 shareholders
 - etc

The "Dash Bond" would be the start of the growth process towards that decentralisation. i.e. You'd have a web site like this one that sold bonds for any amount. Behind the scenes was done all the work of purchasing the Dash, consolidating sums and managing the nodes etc.


First post here (GreyGhost over at the DashTalk)

-- I thought of your expertise as I wrote "A Discussion of a Crypto-Currency Masternode Network as an Investment Opportunity" (for the DashWorld https://www.dashwhale.org/p/DashWorld proposal) and this is perfect.

Evan himself thinks of masternodes as bonds.

The more I dig and think about the Dash Project the more I am aware of the lack of consistent message. I feel we have to position ourselves as the money for the P2P crypto-economy and your ideas are on the top of it.

MAID SAFE COIN: The New Decentralized Internet;
ETHEREUM: Decentralized App Network (and a catchy: Rise of the World Computer)
IOTA – no need for blockchain; the Money of IoT
DAO - infrastructure of the collaborative economy.

And we are what? "Better than Bitcoin"? Yawh. "Better" is a very weak word and means nothing.

Out of InstantX we can create slogans;
Out of DarkSend we can create slogans;
Out of MN as bonds we can create slogans and push the agenda.

The possibilities are endless.