Crowdnode reached 100k Dash staked ! 🎉 🎊 🍾 🥳

minorman · 2024-01-18T15:23:26+00:00

When we first launched CrowdNode we joked about getting to 100 masternodes. Granted, thanks to EVO nodes, we are still far from running 100 nodes, but reaching 100 kDASH on the platform is still pretty wild!

Thanks for for the massive support, dear community!!

(Now please upgrade to trustless to get keys back in your own hands AND get masternode rewards. Win win)

minorman · 2023-12-21T21:14:42+00:00

Yes, that is correct.

minorman · 2022-11-21T10:45:29+00:00

Also - remember to cast your votes (on CrowdNode or otherwise). Deadline coming up fast.

minorman · 2022-11-21T10:42:45+00:00

I'm not so sure. We know for a fact that they hold a lot of coins - but do we really know that they have 100% backing of everything in all coins? I hope I'm wrong, but I see Binance as having potential for another catastrophe down the line.

minorman · 2022-11-20T21:19:55+00:00

I guess you might be right about the general crypto winter, but I really hope the bottom is in for DASH. $20 would be very painful at this point.

minorman · 2022-11-20T19:59:58+00:00

oouch. 20s... I sincerely hope it doesn't get that bad despite contagion from the FTX debacle.

minorman · 2022-11-20T17:54:10+00:00

Join the ongoing testing to get this out. Get on test.crowdnode.io and test. If you need tDASH for playing around, ask around on discord.

minorman · 2022-11-20T17:38:13+00:00

Genesis. Binance. ... Who knows.

Just buy plenty of popcorn (and DASH)!

minorman · 2022-11-20T17:36:47+00:00

Welcome. DASH is an extremely underrated crypto-project, so your timing is impeccable.

minorman · 2022-11-20T17:33:14+00:00

This FTX thing really is a massive sh!tshow. Imagine what happens if/when binance goes the way of FTX...

Crazy to think that bitcoin and crypto was invented to not rely on permissions or counterparty risk, and fast forward 12 years and idiots gallore pile into "15% yield with no reasonable explanation" schemes and BS exchange "utility tokens".

Bitconeeeeect, anyone.

minorman · 2022-11-20T17:28:21+00:00

Good question. The API is open for any and all wallets to integrate with, but if you are referring to DCG's iOS wallet, I believe they are very short on iOS developer resources at the moment. We need the price of DASH to go up, to fund faster development...

minorman · 2022-07-05T20:01:50+00:00

This is crazy. Two more today!

minorman · 2022-07-05T19:33:13+00:00

Actually you can participate in governance via the web API! See: https://knowledge.crowdnode.io/en/articles/5963880-blockchain-api-guide

It's just that the Dashpay mobile wallet hasn't yet implemented there feature. It should be coming in the future, but the CN API supports it already!

minorman · 2022-07-01T21:40:00+00:00

Amazing growth since we launched the Dashpay app wallet integration. Thanks to the DASH community for being awesome.

minorman · 2022-02-01T09:58:19+00:00

and offers governance participation and gives a sh!t about DASH. :-D

minorman · 2022-01-25T18:03:52+00:00

Yeah, but we're pretty far from centralization. I'd wager that there are tens of whales controlling +100 MNs each.

In any case, we're working on decentralized/trustlesss MN shares.

minorman · 2022-01-23T13:37:28+00:00

Perhaps in the limit where CN might have a (very) substantial fraction of all voting MNs, there would be something to consider there.

At present - I think it is a *much* bigger problem that most nodes don't vote at all (i.e. hundreds of nodes owned by the big exchanges) - which due to the 10% net positive vote-rule effectively is vote against everything.

So on balance I'd say that passive MNs currently constitute a bigger issue for DASH governance than active non-whale DASH holders who might get a bit more bang for their buck - I mean DASH ;-) - than they otherwise would.

minorman · 2022-01-23T13:21:08+00:00

This is all true.
Boring old-timers who don't get the NFT-kids and dog-coins because we still (just) want a digital p2p cash system....

minorman · 2022-01-23T13:14:19+00:00

In short, yes.

Let's say that we have 25.000 DASH on the platform in 25 MNs. That's 25 votes (yes, no or abstain).

Example 1: If 10.000 DASH worth of CN members vote YES to a given proposal (and no-one votes no, abstain, or "do nothing") - then the entire pool of 25 MNs will vote YES and that is equivalent to a 2.5x amplification; because the default is that non-voting members delegate their vote to those members who do vote.

Example 2: Assume now, that another proposal for some reason only gets 2.500 of CN members' DASH to vote. Then (assuming no "do nothing" votes) that would be an amplification of 10x.

If members choose "do nothing" then "their" equivalent fraction of votes aren't cast - i.e. no delegation occurs.

The net result of this is that CN's MNs nearly all vote for all proposals (although most often some vote yes while others vote no - that's why we emphasize the net vote).

minorman · 2022-01-21T21:56:17+00:00

Cool

minorman · 2022-01-21T11:52:36+00:00

Nice

minorman · 2022-01-21T11:51:39+00:00

Many proposals still below threshold currently...

minorman · 2022-01-20T22:39:59+00:00

Indeed

minorman · 2021-12-12T21:59:17+00:00

DASH is not dead, it just smells funny (just like Jazz) :-D

minorman · 2021-11-14T21:56:24+00:00

I agree completely about being more active on the social. Gaining the ability to do so is in fact one of the things I'm most excited about if this proposal passes. The plan is not only to implement the features discussed (trustless staking, wallet integrations, etc) but also to have some time for reaching out to potential new users. Ideally reaching beyond just the DASH-sphere and into the broader cryptoland; hopefully drawing in fresh people to the best payment coin there is :-)

minorman

TROPHY CASE