A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Note: Previously the Evolution Whitepapers were linked in this section. These papers were written back in 2015 and are outdated, because Dash Evolution has seen a massive re-design and has been developed much further than those papers could have predicted. A new version will be posted here and elsewhere as soon as it is available.
"Dash rebranded from Darkcoin to distance itself from its dark history!!" -> Not at all. Nothing about its history is "dark" and more importantly this thread called "The Birth of Darkcoin" is stickied by Evan Duffield himself on the official main forum.
Why saying "Dash is a company" is false: Dash Core Inc., a company based in Scottsdale, Arizona is not the decentralized network called Dash. The network, consistent of over 4.5k globally distributed, decentralized Masternodes decided to hire and fund the company Dash Core Inc. to develop said network. This is the distinguishing property of Dash being a DAO, so it's understandable people have difficulty grasping the concept. Similarly Dash does not have a CEO, while Dash Core Inc. -obviously- has.
Dash does not and never had a "dev tax": Dash has a Treasury and its distribution is being voted on each month. Only those funds that have been approved by the Masternode network go to proposal owners. The Treasury is capped at 10% of the accumulated block reward of one month. There is no central authority non-requested or non-approved funds go to and there never has been. Those funds are simply not created. So you can have months in which only 8% of the budget is being paid out, with the remaining 2% going to nobody due to not being mined.
"B-but Evan Duffield can roll back the last 24 hours of the blockchain with the flick of a button!" Complete bullshit. The key in question refers to requiring a Masternode to re-validate its pre-existing blockchain in order to ensure it's on the right chain. Masternodes have nothing do with putting or removing transactions into or from the blockchain, only the miners can do that, thus claiming someone can "roll back the blockchain" in Dash is a malicious lie and a desperate attempt to make Dash look centralized when it's not. In short: No such button exists, ever existed or will ever exist.
The Dash community is well aware that during most of its history this project has been under attack by competitors, many of which are trying to portray Dash (among many other things) as a failure. This is oxymoronic, because nobody hates on failures, especially not for 4 successful years in a row. If you want a quick history lesson, here's a comment I made on where the Dash hate originated from back in 2014 Another, longer history lesson Remain skeptical towards sensational accusations without evidence. Our community is helpful, knowledgeable and more than happy to answer any questions, as we have done many times on this subreddit. Still, we're all only human, have limited resources and we're just one project among many (always among the top, though!). Stakeholders and investors of other projects will always have an agenda to smear what they perceive as competition (I have yet to see our community actively go after other projects, though). Just remember the Bullshit Asymmetry: "The amount of energy required to refute bullshit is at least an order of magnitude larger than to produce it." So it would be very unjust to expect a refutation on the spot all of the time. Prefer taking the initiative by asking the community directly about the claim you're confronted with. This community has proven many times to possess the integrity required to admit to technological shortcomings, but at the same time we'll never hesitate to call out illegitimate claims and accusations, of which there are many, for what they are. The most common and most empty attack is "Dash is a scam".
Dash has surpassed its all-time high price several times
Its developers are publicly known, many by full name
It's still being developed after almost 4 years with an incredible track record of under-promising and over-delivering, a game-changing roadmap & a clear vision of the future
Its technology works as advertised and remains objectively superior to Bitcoin and many other currencies
Myriads of projects copied Dash's features
Look at the wealth of in-depth information linked on this page alone. Look at all the interviews, articles, news shows, podcasts, presentations, conferences, infrastructure, the people and all the money invested into all of this: Does this all really look like a grandiose scam? Why the effort?
More importantly you have to ask the critic just this one question: Who was scammed? The answer usually consists of complete silence or attempts to change the topic. This may sound all very defensive to someone who has never experienced the kind of FUD Dash has faced over the years, but the falsehoods we've refuted above are still being perpetuated by a very lonely but also very loud minority.
Not an ICO project
Regarding Dash's finances: Despite what many people assume influenced by the ICO insanity of the recent past, Dash did not have an ICO and Dash does not depend on 3rd party funding/investors. It is self funded from the blockchain and thus an entirely independent organization that does exactly what it wants, not what any angel investors want us to do. Dash is the first currency in history to achieve that.
Quick incomplete rundown of Dash's features
In fact Dash pioneered almost every single one of its features making it one of the most prolific innovators in the cryptocurrency space. Before Dash invented them, none of these features existed:
X11: power saving hashing algorithm
Dark Gravity Wave: highly reliable difficulty adjustment
Sporks: Multi-phased forking technology avoiding hard forks during network upgrades
Masternodes: Incentivized full node infrastructure through split of mining reward
PrivateSend: protocol level coin mixing without the flaws of CoinJoin
Treasury: Self-funding by splitting of block reward
Blockchain Governance: Voting rights for those who provide our network's backbone
Evolution platform technology: Under heavy development but making rapid progress towards true digital cash so user-friendly that even your grandmother could use it
To re-iterate a previous point: Dash has been copied by several dozen other projects either completely or through selected features indicating a strong approval of its technology within the wider cryptocurrency industry. The most copied feature by far is the Masternode system and the financial self-reliance it provides.
Show some support for Max as he tries to travel across America using only Bitcoin! #Money2020
Hello all! There is a unique event going on with Wirex and our buddy Max NEEDS your help! Max Meilleur is a man on a mission: his goal this October, to travel 2,500 miles from the Money 20/20 headquarters in New York to Las Vegas using just crypto. The Money 20/20 Payment Race has competitors using different payment methods - last year saw participants use contactless, chip & pin, one dollar bills and gold - to test how robust these can be when traversing the biggest economy in the world. If you think it can’t be done then you’re wrong: last year, Amelie Arras represented women in crypto by completing a journey from Toronto to Las Vegas and she was actually the fastest, taking home the crown in the name of Bitcoin. Max’s profile for the event is on the Money 20/20 website and he’s on Twitter @maxmeilleur so be sure to show him some love. Wirex who have a crypto visa debit in their offering are funding his travel so money supply won’t be his biggest challenge. Added to this, a key advantage that Bitcoin holds over the other competitors is how easy it is to transfer funds between wallets. So, to all local crypto fans, pledge your help to Max if you can and wish him the best of luck!
My experience with the various Bitcoin ATMs (Robocoin, Lamassu, Bitcoin Briefcase)
So this month I got the chance to interact with various Bitcoin ATMs - I played a bit with Robocoin today, and tested out Lamassu and the Bitcoin Briefcase during Money2020 event. So here are my thoughts on them as well as some other information people are interested in. So first of all, Robocoin. It's the only one of those that both sells and purchases Bitcoin. The process is a bit cumbersome to start (having to scan your hand a few times to create an account and wait a few minutes for a mechanical turk to verify that it's in fact the right hand and so forth), but after that it's pretty straightforward. Some people were concerned about the palm scanner (both online and at the location). The developers of the ATM explained that they need to do that since they need to limit one person from buying more than $3k worth per day so they don't fall under AML regulations. They had a choice of scanning your ID, or fingerprints or the palm and they chose the last one since there isn't a database for palms that would link that scan to your identity. Given the restrictions they had to work with, I don't think that was a bad choice. At the same time I know a lot of people are very security conscious and would rather avoid that altogether - both sides of the argument have their fair points. I talked a bit with the developers of Robocoin as well as listened in to one of my friends ask them some interesting questions about security and other things. All in all I must say they came off as very competent people. They know their technical things, as well as various regulatory issues (for example apparently if someone prints a paper wallet on the machine, loads it up and then sells / gives it to someone else that's creating a derivative market and technically you shouldn't be doing that). As for the machine itself, I would say it's a little crude at the moment. Since it has so many widgets, scanners and so forth it's easy to get lost in the process of using it. I definitely would like it refined over a few iterations. Other than that, it does everything you'd expect it to do - you can load up your phone wallet through QR scanner, create a paper wallet on the spot if you don't have a wallet yet, and you can buy and sell bitcoins as needed. Apparently the ATM does Bitstamp rate +3% (I might be wrong about the exact exchange, but I know it's not the Canadian VirtEx, since they were quite unresponsive in communicating with the developers). While the rate might not be that great in comparison to some other ways of getting BTC, but in Canada it's not entirely unreasonable with VirtEx charging pretty high fees by itself. So overall, Robocoin is an interesting ATM with some good developers behind it, but it needs some more work put in to streamline the experience. Now about the other two ATMs. Lamassu is a bit of opposite of Robocoin. It has a small and elegant form factor, has just a camera QR scanner, a deposit slot and a display monitor. You can only buy bitcoins with it. Since it has limited options on what it does, the process is quite straightforward - put money in, scan address and send bitcoins. I don't know how they will be handling the AML regulations - it will be an interesting thing to see what their approach will be once they start releasing their ATM into the wild. Bitcoin Briefcase has neither the elegant form of a Lamassu nor the versatility of Robocoin, but it's a fun little hack to carry around to get people interested in Bitcoin. It only takes change and pays out into a paper wallet it prints. It has a small display bar, a slot to put coins in, a wallet printer and a button to accept your purchase. It's not really a tool for frequent Bitcoin purchases, but definitely an interesting prop to bring along with to introduce people to Bitcoin easily. So overall, it's really interesting to see what is being developed in this space. Robocoin is a big machine that might not fit everywhere, so it needs it's own dedicated space in some Bitcoin-accepting business. Lamassu is elegant and small enough to be placed on some extra bit of counter space available. The Briefcase is a neat hack that you can take wherever you go.
Welcome back Dogeparty Community! We look forward to posting the newsletter and receiving your comments each week. Keep it up! While news is still relatively slow in the Dogeparty world, it won’t be much longer before exciting new things start coming your way. Without any further delay, read on for your weekly update.
Weekly General Update
Such excite! You’ve been waiting for it! You’ve been asking for it! Development is in the final stages! The Distributed EXchange (DEX) has been enabled on Testnet. Read Dogeparty Services / Projects / Core Updates below for more information. The fourth Dogeparty Hangout meeting was held last Saturday. All you Shibes are quietly awaiting the release of new tools, and with news being so slow last week, we didn’t have anyone in attendance. As such, the meeting was not recorded. We’ll continue to be available each week at the scheduled time to address any of your questions or comments, and as the news begins picking up, we’ll provide a more specific agenda. Join the next Dogeparty Hangout #5 via Google Hangout. The live meeting link will also be sent out via the Dogeparty Skype room a few minutes prior to the meeting start time. Wow such currency! DogeCon Berlin 2014 was held late last week. See Dogeparty developer Lars’ presentation at the conference. Lars’ discussion begins approximately 3:11:00 in the video.
In The News This Week
For those of you who missed it, here are some links that will get you up to date with the latest cryptocurrency news:
Cryptocurrency has been a very hot topic in this week’s Money 20/20 Conference being held in Las Vegas. Benjamin Lawsky, New York State's first Superintendent of Financial Services, gave an informative keynote speech in which he explained what’s on the regulatory horizon. He explained that regulatory guidelines are already in place to help businesses determine what rules, regulations, and requirements might apply to their business model, which brings some clarity to the muddy waters. What is crystal clear however, is that virtual currency regulation has yet to be thoroughly vetted out at a Federal and State level, and at that, it will have to continue to evolve as the technologies do. Watch Benjamin Lawsky’s speech.
Lumi Wallet is a multi-currency crypto software wallet with built-in exchange options. Some altcoins can be bought directly into Lumi Wallet, e.g. MKR, USDC, OMG, ARN, etc. Luno Bitcoin (BTC) software wallet was launched in 2013 by a South African company. Recently, it enabled multi-signature authorization for some types of tokens. No Download. Add up to $100 free money to your Bitcoin every 24 hours. Limited Time Offer! Get Bitcoin Life Money Generator Last Updated : Follow the simple steps below to claim Bitcoin money ! If you are having issues receiving your Bitcoin money, let us know on our Facebook page! Enter your Bitcoin Wallet. You can type in your Friend's Bitcoin Waller and gift them some money! Online (1158 ... Your Wallet in 2030 Will Be Full of Free Money. Oct 13, 2020 at 10:30 UTC Updated Oct 13, 2020 at 10:37 UTC. opinion (Annie Spratt/Unsplash, modified by CoinDesk) Yoni Assia. Your Wallet in 2030 ... Bitcoin Wallet Vergleich – Die Besten Krypto Wallets 2020. Ein Bitcoin Wallet kann auch als digitale Geldbörse bezeichnet werden. Hier werden die Tokens unterschiedlichster Kryptowährungen gelagert. Dementsprechend ist es von essenzieller Bedeutung, dass man vertrauenswürdige Anbieter nutzt. Bitcoin und andere digitale Währungen sind nach wie vor in aller Munde. Obwohl die Kurse kaum mehr das Niveau halten können, welches in 2017 über mehrere Wochen und Monate erreicht wurde, stellen sich viele Interessenten die Frage: „Wie kann ich eine Bitcoin Wallet erstellen?“. Dieser Frage möchten wir im Rahmen dieses Ratgebers nachgehen.
BRD wallet demo background company 1m users #Money2020 goal and their need
In this video, I'll show you how to use the Luno advanced trading feature to trade Bitcoin, Ethereum, Litecoin, Bitcoin Cash. This tutorial is applicable in ... Money2020 - Tatiana Interviews Jinyoung Lee Englund from The Bitcoin Foundation ... Tatiana Interviews Lamar from Pheeva Bitcoin Wallet - Duration: 2:39. World Crypto Network 193 views. 2:39 . The ... In this video, I show you how to sell your bitcoin or other cryptocurrencies from your Blockchain account and how to withdraw your funds into your bank. If y... HOW TO BUY BITCOIN 2020 - BEST Ways to Invest In Cryptocurrency For Beginners! (UPDATE) Get $10 of free Bitcoin when you buy or sell at least $100 of cryptoc... This video is unavailable. Watch Queue Queue