Difference between DASH and Bitcoin
Dash Masternode Network
The reward for a particular day can be calculated using the formula (n/t)rb*a
n is the number of masternodes an operator controls
t is the total number of masternodes
r is the current block reward (presently averaging about 3.3 DASH)
b is blocks in an average day. For the Dash network this usually is 576.
a is the average masternode payment (45% of the average block reward)
Let me know me if I forgot something important. Crititsm is appriciated!
Is it possible to restore a wallet with the automatic made backups? I've tried to replace the old wallet.dat a few times with the backups but didn't succeed.
The balance stays on zero when the wallet is loaded and synced.
Recently, there was a post on this sub by someone who was not happy with the lack of action from a particular proposal owner (Adam Kokesh). That in itself would have been fine, however this particular poster took it a bit too far with some rhetoric insinuating that Dash is continuing to fund scammers in this situation.
Now, of course, this is speculation as fact, as the poster did not have all of the adequate information to make such a claim, so in accordance with Dash Nation rules I deleted the thread.
This had the unfortunate side effect of also deleting a rebuttal post by this proposal owner. As he has a right for his side of the story to come out, I have taken a screenshot of his post above.
Please be aware that Dash Nation rules of treating people with respect, no offensive language and no speculation as fact are in effect each day here on r/Dashpay. Because of this, this sub has become a nicer place to be for collaboration and communication, and an attractive place for newcomers to come and find out about digital cash.
It's really not beneficial to the community to jump to speculative conclusions about other people's intentions and post such as fact. It's far better to air your concerns, and give the people on the other side a chance to respond, before jumping to conclusions.
We are breaking new ground here with amazing decentralized monetary technology, fantastic team, and a wonderful community. Let's strive to live our values each day, and we will be all the better for it.
Tao Of Satoshi
Dash Nation Founder and Dash Forums Moderator
Professor Sirer claims "Avalanche" is a new (better) family of consensus protocols.
The main benefit seems to be that it's much much more efficient and scalable, yet still secure.
A couple things sound interesting:
"Egalitarian system" - there's no separate miners and users. Also recognizes the importance of "Governance" i.e. you can "poll" the users (holders) of the coin for what they want, similar to Dash.
The protocol can be used with UTXO outputs of existing protocols, or could be layered on top an existing protocol (?). So basically Dash could "upgrade" to this protocol and keep existing holders' balances. This might be interesting if it proves to be superior, and we already have the existing governance mechanism to decide on it.
It was announced 4 months ago, but not sure what the "consensus" is on this yet. Any comments?
When setting up a node and adding the configuration line to masternode.conf, I've heard rumor that it's possible to append a receiving address after the output index and the masternode rewards will be direct to that address. Is there any truth to this?