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Epic Cash Vitex Exchange AMA

What is EPIC CASH?
Epic Cash is the final point in the journey toward true P2P internet cash, the cornerstone of a private financial system. The Epic currency aims to become the world’s most effective privacy-protecting form of digital money. In order to fulfill that goal, it satisfies the three principal functions of money:
1. Store of Value — can be saved, retrieved, and exchanged at a later time, and of predictable value when retrieved;
2. Medium of Exchange — anything accepted as representing a standard of value and exchangeable for goods or services;
3. Unit of Account — the unit by which the value of a thing is accounted for and compared.
Website: http://epic.tech Whitepapers: http://epic.tech/whitepaper Epic Cash Community: https://t.me/EpicCash Miner Chat: https://t.me/EpicMiners Gitlab: gitlab.com/epiccash Twitter: twitter.com/EpicCashTech Social Media: http://epic.tech/social-media Exchanges: https://epic.tech/service-list
Oleg✌🏻
Hello community! Our AMA with EPIC begins🚀 We are very happy to have you here, on our joint AMA👌 So, lets start! The very first question for you. Can you introduce yourself?
Max Freeman | Epic Cash | Mimblewimble I’m Max Freeman, which stands for “Maximum Freedom for Mankind” — we believe that the existing fiat money system enslaves people by unfairly confiscating their wealth through inflation. By using an honest money system such as Epic, we can improve the quality of life for billions of people worldwide.
Yoga Dude Hello, I am Yoga Dude 🙂 I handle Marketing and PR, in crypto since 2011 started as Bitcoin miner, and in 2014 in Monero, and in 2015 in Ethereum, oh and briefly in DOGE for fun and unexpected profit. Heard about Epic Cash while learning about the Mimblewimble algo and joined the team last year.
JLong I am John, Doing the general engineering and managerial work
Max Freeman | Epic Cash | Mimblewimble I have been involved in early stage cryptos for the past 3 years, after building a global trading business for the past 20 years.
Oleg✌🏻 nice to meet you🙂
Max Freeman | Epic Cash | Mimblewimble Epic is a decentralized community project like Bitcoin or Monero, there is no central authority or corporation involved. We had no ICO and no premine, we had a fair launch at 0 supply last September.
Yoga Dude Great to meet everyone :)
Oleg✌🏻 Here we go the 1st question for you ~ 1. What is Epic Cash about?
Yoga Dude Epic Cash is designed to fulfill Satoshi’s original vision of P2P electronic cash, adjusting for what we learned from Bitcoin, a medium of exchange that is fast, free, open to all, while being private and fungible. We launched in September 2019 as a Proof of Work mineable crypto, without an ICO or a premine.
Oleg✌🏻 Look like a real Bitcoin🙂
Yoga Dude with privacy and fungibility 😄
Oleg✌🏻 Sounds cool! move on to the next question… 2. What makes Epic Cash better than Monero or other privacy coins?
Max Freeman | Epic Cash | Mimblewimble First off, we have a lot of respect for Monero and other privacy coins, we learned a lot from what they did right and what they did wrong, Our blockchain is much lighter than Monero or Bitcoin, our transaction engine is faster than Monero or ZCash. We use a three mining algo approach to allow more users the ability to obtain Epic Cash. We are a new, highly undervalued, coin and we look great not only for future use but for today's investment. Our blockchain is 90+% smaller than Monero or Bitcoin. Coins such as Zcash have optional privacy. Epic makes all transactions private, and it is impossible to trace movements of coins by watching wallet addresses.
Oleg✌🏻 Young and hot😋 security and privacy level is very important now but… 3. Why copy the same supply economics as Bitcoin?
Yoga Dude It is hard to compete with the success of Bitcoin today, part of the elegance and the appeal of Bitcoin is the responsible emission rate, terminating at 21million highly sub dividable coins. Like the Bitcoin supply curve, Epic Cash encourages early adopters, and with subsequent halvenings maintains a gradually diminishing flow of additional currency while preserving the overall value.
Max Freeman | Epic Cash | Mimblewimble In 2028, the supply of Epic matches that of Bitcoin and they stay in sync until the final coin is mined in 2140. We have 4 halvenings between now and then, which is demonstrated in Bitcoin to drive the value over market cycles. Epic is a chance for people who were late to Bitcoin to ride the wave and not miss their opportunity this time.
Oleg✌🏻 Interesting! 4. Why Choose Epic Cash over Grin and Beam?
Max Freeman | Epic Cash | Mimblewimble First of all, we have tremendous respect for all Mimblewimble currencies and their talented teams, they all taught us a lot and we are thankful for that. Without sounding too contentious, the choice seems obvious. We offer the same core tech, but with a much more responsible emission curve — Grin is an endless fountain of emission and inflation (60 per second forever), and Beam is even more frontloaded outpacing even Grin’s aggressive emission schedule for the next several years… We respect Grin and Beam, we learned from them, and we believe we are the next evolutionary step. Additionally, as we mentioned earlier, we offer more ways to mine Epic Cash, both with GPU and CPU and ASICs, this gives us more potential users and miners, vs Grin and Beam that are only mineable with GPUs.
Yoga Dude Yes, all that ☝️😄
Oleg✌🏻 I hope the miners read it all carefully 👌 Next question 5. Why have a development fund tax and what will it be used for?
Yoga Dude Dev fund tax today is at a reasonable 7.77% dropping by 1.11% every year until it hits zero. As Epic Cash grows in value these funds will become increasingly more relevant in additional technical, marketing, and fintech partnerships developments.
Oleg✌🏻 Very smart! 6. What is the advantage of 3 mining algorithms?
Max Freeman | Epic Cash | Mimblewimble By having multiple mining algorithms we are able to attract CPU, GPU, and ASIC miners simultaneously. Currently all other Mimblewimble currencies are mineable with GPU only ignoring a large segment of CPU miners. Monero made a splash migrating to the RandomX CPU mining algo. Epic Cash from the beginning embraces all mining communities. Many miners are successfully using older hardware such as Xeon processors to help secure the network. We use RandomX for CPU, ProgPow for GPU, and Cuckoo for ASIC.
Longer term, our flexible architecture means we can have many algorithms, not just 3. Our roadmap includes an allocation for SHA3 Keccak, which will help further decentralize the network and keep it unstoppable.
Yoga Dude We love miners 🙂 and Epic Cash can be mined with laptops and gaming rigs 🙂
Oleg✌🏻 A wide selection of mining methods is a great way to create a stable, decentralized and large network👌 Let’s talk about persons… 7. Who are the people developing Epic Cash?
Yoga Dude We are blessed with a very talented team of skilled developers with diverse backgrounds, many of them are volunteers who believe in what Epic Cash stands for and contribute with product and usability innovation. Our teams main focus is to make Epic Cash the best, most secure, most user friendly and usable product on the market, without making it unnecessarily techie, with as much mainstream user appeal as possible. This is a serious challenge but we are up for it 😄
Max Freeman | Epic Cash | Mimblewimble It is also important to note that we are a truly open ecosystem that anyone can participate in. Our community has developed wallets, mining pools, educational content, and much else besides. We are not limited by the funding generated during an ICO or VC investment, our users are an essential element of our team.
Oleg✌🏻 Sounds very attractive. 8. What do you think is currently lack in today’s crypto?
Max Freeman | Epic Cash | Mimblewimble We believe there is not enough privacy, anonymity and fungibility, although there is a growing awareness in the community as to why these are necessary. People are waking up to the fact that privacy is a right for everyone but today it is being exploited and violated by corporations, governments and unscrupulous individuals. Privacy does not mean that you have something to hide. We have doors on our houses, curtains on our windows, we wear clothes, and we have security on our bank accounts and businesses, not because we are criminals.
Fungibility (the property of not being able to distinguish one unit of currency from another) also has become a hot issue as people have started to get in trouble because of someone else’s misdeeds. Tainted money (coins that are blacklisted or restricted) is a problem for Bitcoin and Ethereum, the top two cryptos today. Mimblewimble eliminates the risk of tainted coins making them indistinguishable from each other. With traceable coins, you always have to worry if the coins you are getting were involved in a hack, or perhaps the darknet.
Oleg✌🏻 It’s good to see strong and safe coin in our time Let’s talk about your future… 9. What does the Epic Cash roadmap look like going forward?
Yoga Dude First and foremost, we are focused on security and usability.
We are working on a new, improved GUI wallet to incorporate the community feedback on ways to improve it.
We are in the process of completing final testing phases for the next iteration of Epic Cash which will make it more secure and stable. Once that is done, we will be rolling out Android and iOS support to make Epic Cash usable on leading smartphones and smartwatches. Beyond that without going into too much detail we are focused on continuous evolution of privacy, ease of mining, and overall speed and usability.
And of course we are constantly looking to add more exchanges both with and without KYC.
Oleg✌🏻 Are you working on Android and IOS wallet ? What will your application be?
Max Freeman | Epic Cash | Mimblewimble Yes, we will release a mobile wallet this year. It will bring us one step closer to people being able to actually use cryptocurrency as money in daily life.
Yoga Dude The idea is to be able to access Epic Cash from any platform and device
Max Freeman | Epic Cash | Mimblewimble Epic is very lightweight, which means that low-end devices such as smartwatches can participate.
Oleg✌🏻 Ok, got it. Thanks for clarification! 10. What else can you tell us about Epic Cash?
Max Freeman | Epic Cash | Mimblewimble Well one thing I really want to mention is our great Epic Cash community. We’ve been building a decentralized community organically, without the talk of price pumps, pressure to HODL and other BS crypto-gimmicks. Our community is truly global and consists of developers, volunteers, miners, and other Epic enthusiasts spreading the word about Epic Cash, helping us reach millions of people around the world to improve their quality of life through social media and directly. Everyone is an evangelist, everyone is an influencer, everyone has the power to make the world a better place to live in. As we continue to grow — the future looks Epic 😊
Yoga Dude Definitely the community! We got a talented crowd of very cool and motivated people from all over the world!
Oleg✌🏻 Thank you guys, for such informative answers 🙂 Now we proceed to Section 3, where a Community can ask their questions to the EPIC team Now I’ll open chat for the quite some time … Oleg✌🏻 Thank you all, dear community! EPIC team, please choose the 10 best questions you want to answer.
AngeI Everyone likes Privacy & Epic Cash provides their Best Privacy to users But, Which Technologies are being used by Epic Cash to make Blockchain very Private and Completely untrackable ?
Max Freeman | Epic Cash | Mimblewimble From the wallet to the node, Epic uses Dandelion++ to bounce transactions around the world before they go into the mempool for mining. Within the blockchain itself, Cut-Through merges all transactions in a block together, with CoinJoin automatically mixing all coins.
Beyond that, there are no addresses, so it’s impossible to watch someone’s wallet.
Arnold Even litecoin is implementing mimblewimble, Don’t you think it’s a significant threat for Epic if they implement it, then why would anyone use a less popular and a new cryptocurrency.
Max Freeman | Epic Cash | Mimblewimble LTC is implementing mw as an “extension block”, meaning that it is optional and not all transactions will use it. This is very different than the core protocol leveraging mw to make all transactions private and all coins fungible.
Aluta Why Epic cash so much focus on fungibility? Does fungibility matters that much?
Max Freeman | Epic Cash | Mimblewimble Fungibility is going to be one of the key issues within the cryptocurrency space in the coming years. Today, if you accept traceable coins from a seller, you are liable if they have ever been used in any illegal activity. This has led to a two tier market where freshly minted coins sell for more than circulated coins. When coins are fungible, like Epic, you don’t have to worry that you will run into a problem when an exchange or merchant blocks your transaction.
Joxes It is a pleasure.
When I first researched EpicCash, google showed me a youtube video that talked about how to mine with EpicCash. It made me ask: is this mining activity profitable so far?
We are in the early stages of development I guess, what adoption strategies are you taking to have sustained growth? is it feasible to reach N ° 500 rank in coinmarketcap in the medium term?
Yoga Dude When I got into crypto, it was by mining Bitcoin back in 2011 when you could still solve blocks on a single computer, but Bitcoin at the time was anything but profitable 😄 Today Epic Cash is still new, still young, and still undervalued. I believe it is mining-worthy because of its potential, not because of today’s price. By allowing Epic Cash to be mined with GPU and CPU on gaming rigs, servers, and even laptops we offer maximum public participation in our project. More people involved in the project, the more evangelists there are. We empower people to mine Epic Cash and to promote it.
S.P.A.D.E What new features of Epic Cash provide that Grin or Beam does not offer. Why do we need Epic Cash?
Max Freeman | Epic Cash | Mimblewimble They are great coins, but there are some ways in which Epic improves. Epic has better tokenomics than Grin and a more sustainable model than Beam, that has a company behind it that needs to repay investors via its high dev tax. this article explains in more detail https://medium.com/@frodofreeman/overview-of-mimblewimble-cryptocurrencies-7c70be146f50
Sahil What’s the Minimum Hardware / setup Required for Mining of EPIC Cash coins? Is Mining Profitable and Can we Mine EPIC Cash coins at Home?
Max Freeman | Epic Cash | Mimblewimble It is possible to mine on an ordinary laptop or desktop from the last 5 years, sometimes older. Epic is open to everyone, and our friendly community is standing by to help you get started at t.me/epicminers
Erven James Sato “TOKEN BURN” is BENEFECIAL for any projects, in able to CONTROL THE NUMBER OF TOKEN CIRCULATION and TO PROVIDE GREATER INCENTIVES TO INVESTORS.
Does your GREAT PROJECT have plan about TOKEN BURN?
Xenolink For deflating projects It is beneficial to drive the demand / scarcity / and price up in a faster pace. Epic Cash is here for the organic long run not the short run. However when it comes to long term economics elastic supplies whether inflating or deflating will not be a solid long term economic model. This has been heavily discussed already with Bitcoins inelastic Fixed 21 million supply in the past. Having a fixed model demonstrates good long term economics without worrying about balancing a deflating/inflating model. Bitcoin is a perfect example of a 21 million inelastic fixed supply model that has been proving itself till today. Which is why we are also using the same fixed 21 million supply model. Epic Cash plans to have a solid organic long term future to bring free private fungible money and make this world a better place.
Red Z🔥🤙 No one predicted the COVID-19 pandemic while developing their business model. But the crisis and recession of the global economy is our present with you and it affects all sectors, including blockchain. Will you make or have already made changes to the project roadmap, tokenomics? Do you have a plan in case the situation does not improve in the coming months and will affect the crypto industry even more?
Yoga Dude One thing we have seen as the result of the COVID-19 is more governments are talking about moving to digital cash — digital dollar in USA, digital Lira in Turkey, etc… If in the past the idea of digital money was not graspable by some people, today its the governments that are educating the people for us about the value of digital currency… What is ironic, the governments, by printing money to solve the economic consequences of COVID-19 also educating the consumer about the true “value” of fiat… What we offer is a touch free, borderless, private, anonymous, fungible currency that can not be printed beyond the initial defined algo. We are more responsible than the printing presses of the governments 🤔
kunlefighter How does the Dandelion++ Protocol, Confidential Transactions (CT) and CoinJoin assist in protecting the privacy of individuals and their transactions on Epic Cash Blockchain?
Max Freeman | Epic Cash | Mimblewimble Dandelion++ bounces transactions around before committing them to the blockchain, making it impossible to determine where they originated from. Confidential Transactions means that all tx are private, you can’t tell anything about where the coins have been or who they belonged to. CoinJoin in essence melts down and re-mints each coin every time it is used, making it impossible to track their ownership or usage history. Epic provides comprehensive privacy to everyone, without the compromises that other pre-mimblewimble coins have.
Dr Mönica Hello sir @maxfreeman4 @Johnsstec @Yogadude
Thanks for the ama I notice that Epic Cash has 2 type of new algorithm, progPoW version 0.15.0 and randomX version 1.0.3 NOW , CAN you tell me why you choose these 2 algorithm???
Yoga Dude We went with RandomX because it is a solid and very popular CPU centric algo used by several coins — most recently Monero. Most miners today heavily favor ASICs or GPUs, leaving a lot of solid high end users in the dust unable to mine emerging cryptos. As far as ProgPow, again its an established algo for GPU miners, and thanks to many cryptos starting with Bitcoin/Monero/Ethe etc there is no shortage of GPU rigs out there :) plus again the casual user with a video gaming caliber card can get in on the action.
Oleg✌🏻 Perfect! It was a great AMA, but it is coming to an end, thanks to everyone who was with us. Thanks EPIC team for taking the time👏. I hope our projects will be able to collaborate even more closely in the future and achieve new successes. Cheers!🎉
submitted by EpicCashFrodo to epiccash [link] [comments]

Link Collection - All Recent Core Team Communications (incl. Roadmap)

Last updated: Mar 29th, 2018

2 important things first:

General Note

Table of contents

  1. Communications
  2. Guides & Instructional links
  3. Key people to follow on Twitter
  4. Dash Core is hiring
  5. Quarterly Summaries
  6. Notable Core Team Proposals
  7. Dash Whitepapers
  8. Dash Technology Peer-reviewed
  9. Addendum: Misconceptions on Dash cleared up

Communications

  1. The birth of Dash's Governance: Self-sustainable Decentralized Governance by Blockchain
  2. 'We're Doing the Planning That Takes Us to 1 Billion" - Ryan Taylor, Dash Director of Finance
  3. The philosophy behind the DASH reward split by (now) Dash Core CEO Ryan Taylor
  4. Dash's Ryan Taylor at TNABC Bitcoin Miami 2017 (Best presentation on Dash so far!)
  5. What is DASH & Where Is It Going? 2017 DASH Open House
  6. Hong Kong | Research and Planning - by Evan Duffield
  7. Dash Roadmap to Evolution
  8. How To Enable On-Chain Scaling by Evan Duffield
  9. DFN - Interview with Evan on Dash's Roadmap
  10. Open Letter From Evan and Ryan Regarding Dash Marketing
  11. Wachsman PR - Q2 project closure report
  12. Interview With The Crypto Show! - Evan Duffield
  13. Dash Improvement Proposal No. 1 - DIP001
  14. Important information regarding wallet backups
  15. Dash Labs Network Update
  16. Copay Wallet going into closed Alpha Testing
  17. 1st Annual Dash Conference: London Keynote Professional HQ Recording
  18. DASH – DIGITAL CASH by Robert Wiecko at SWITCH! 2017
  19. Crucial information to all proposal owners: Do NOT use multisig addresses as payout destinations!
  20. Interview With Ryan Taylor, The CEO Of Dash Core Team
  21. Ryan Taylor at the World Blockchain Forum
  22. Ryan Taylor interview with Crypto Trader (MSNBC Africa)
  23. Dash Core Community Update
  24. Dash Core 12.2 Release
  25. Dash CEO Ryan Taylor: „Dash is in many ways a better Bitcoin“
  26. Update from Dash Core on Business Development
  27. How DASH is resistant to retargeting issues
  28. Dash presentation at the Euro Finance Tech in Frankfurt by essra
  29. Link collection of Dash's 2017 achievements
  30. What Is a DAO and Why Is It Revolutionary?
  31. Dash: The First DAO
  32. Welcome Bradley Zastrow - Director of Global Business Development
  33. Interview with Ryan Taylor, IR4 Podcast #12 (January 2018)
  34. Chuck Williams at Anarchapulco 2018 on Dash
  35. Dash Force Podcast E42 with Chuck Williams on Dash Evolution
  36. Evolution Demo #1 - The First Dash DAP
  37. Dash Force Podcast E43 - Feat. Fernando Gutierrez (Dash Core CMO)
  38. Our New Approach to Communications with the Community
  39. Dash Community Q&A - March 29th, 2018

Guides & Instructional links

  1. Dash Developer Documentation
  2. Upgrade Instructions for Masternodes (12.2)
  3. Upgrade Instructions for End Users (12.2)
  4. Upgrade Instructions for Masternodes (12.1)
  5. Upgrade Instructions for End Users (12.1)
  6. Paper Wallet Setup Guide
  7. Trezor Guide for Masternode Operators
  8. 8 Steps to a Successful Proposal
  9. Masternode Boot Camp by solarguy2003
  10. DASH 101 Video Series

Key people to follow on Twitter

  1. Ryan Taylor, CEO of Dash Core Inc.
  2. Fernando Gutierrez, CMO of Dash Core Inc.
  3. Bradley Zastrow, Chief of Business Development at Dash Core Inc.
  4. Andy Freer, CTO of Dash Core Inc.
  5. Chuck Williams, Head of UX Development at Dash Core Inc.
  6. Robert Wiecko, PM of Dash Core Inc.
  7. Joel Valenzuela, Dash Force
  8. Mark Mason, Dash Force
  9. Amanda B. Johnson
  10. Scott Farnsworth, The Dash Racer

Dash Core is hiring!

  1. Internship at Dash Labs
  2. DashLabs - Trezor Engineer
  3. GPU Accelerator Project
  4. DevOps Engineer @ Dash
  5. Infrastructure Manager @ Dash
  6. Sr. Backend Developer Role @ Dash

2017 Quarterly Summaries from Dash Core

  1. Dash Core Team Q1 2017 Summary Call
  2. Dash Core Team Q2 2017 Summary Call
  3. Dash Core Team Q3 2017 Summary Call
  4. Dash Core Team Q4 2017 Summary Call

2016 Quarterly Summaries from Dash Core

  1. Q1 2016
  2. Q2 2016
  3. Q3 2016
  4. Q4 2016

Notable Core Team proposals:

  1. Dash sponsored Blockchain Research in Arizona State University
  2. Conferences - The Trading Show
  3. Money 20/20 in London
  4. Conferences - BTC & Blockchain International Summit
  5. Dash Conference 2017 (London)
  6. Blockchain & Bitcoin Conference (Stockholm)

Dash Whitepapers

  1. Original Dash Whitepaper
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 Technology Peer-reviewed

  1. Dash PrivateSend Peer Review by Kristov Atlas and Core Team's Response
  2. Dash Governance Peer Review by IOHK and Dash Core Team's Response

Addendum: Misconceptions on Dash cleared up

  1. What has Dash to offer other than features any other coin could just copy?
  2. InstantXploit? Cool Name, No Threat
  3. "Lazy Masternode" attack theory thoroughly debunked (see my comment)
  4. Hardware vs Software scaling - Why SegWit is not the savior of cryptocurrency
  5. How solid is PrivateSend, really? and Broken privacy promises vs Dash
  6. Dash has better wealth distribution than almost all top cryptos
  7. How is Dash NOT a ponzi scheme?
  8. PSA: DASH is not a CryptoNote clone - DashCOIN is
  9. Discussion/clarification on Dash's opensource approach
  10. Evil Masternode tyrants ruling over us?! and Masternodes in Dash = The rich get richer?
  11. Has Dash's development steadily declined over the past few months?
  12. The major advantage of optional privacy
  13. Ridiculous comments on Dash - by Kurt Robinson
  14. The Dash Masternode Network: A Response to Critics - by Eric Sammons
  15. Analysis of the first day in mining Dash by Ryan Taylor, (then) Director of Finance at Dash Core:
  16. How to Prevent the Hostile Takeover of a Blockchain: Eric Sammons on Dash Governance
  17. Official clarification on the "Instamine" issue (Fastmine actually)
  18. Evan Duffield has no more than 256,000 Dash and will give away 80% of that to fund DAOs within DASH. Follow-up: Part of the funds has already been used to found the Dash Labs research arm in Hong Kong. The lab is fully maintained through Duffield's private funding. No Treasury proposal for it exists.
  19. 10 Stupid Things People Say About Dash And How To Respond
  20. Sporks: One of the foundations of Dash's success
  21. There is no so called "Master Private Key" in Dash and there never has been. Sporks (explained above) have no relation to user funds, as the source code easily proves.
  22. Trolls vs. Users: The Limited Importance of Online Communities
  23. Dash PrivateSend and usage of denomination inputs
  24. Valuable link list from Dash Force member Mastermined
  25. "But Dash PrivateSend has a much smaller ambiguity set! Its privacy is broken!!!"
  26. Succinct refutation on Masternodes "artifically" blowing up the price & Evan Duffield being the only miner at launch
  27. Bitcoin Cash vs Dash
  28. "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.
  29. "Evan Duffield lied about the launch time so he would get an unfair advantage at mining!" -> Quotes from the original launch thread on Bitcointalk: "Awesome! We'll be launching soon. Things are looking good." and "Launch is being moved to 11PM EST!". As the genesis block proves launch took place at 03:54:41 AM (UTC) on Jan. 19th, 2014 or 10:54:41 PM (EST), Jan. 18th, 2014. So if anything it was 5 minutes early.
  30. "But Litecoin is superior to Dash!!" - Really? Let's compare - Here's another sober look at the facts on this issue.
  31. Why Dash is not prone to cluster analysis attacks
  32. How "centralized" is Dash, really? & Which project is actually centralized here?
  33. From the day Dash started trading until late April 2014 anyone had the chance to buy Dash for less than 1 USD
  34. Dash Core developer MooCowMoo on alleged Masternode centralization and PrivateSend
  35. Why Masternodes have no incentive to vote in a proposal to pay themselves a large sum of Dash
  36. What is Dash's competitive edge?
  37. 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.
  38. 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.
  39. "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.
  40. Why the total coin supply was changed or "The 84 million coin"-Question

General notes:

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".
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:
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.
submitted by Basilpop to dashpay [link] [comments]

[Table] IAmA: I'm Oliver Hollis-Leick, lead writer and designer behind the new game, Shaq Fu: A Legend Reborn.

Verified? (This bot cannot verify AMAs just yet)
Date: 2014-04-21
Link to submission (Has self-text)
Questions Answers
Why doesn't Shaq just pay for the game? Why do you need our money? > First, yes, we have the money and could go out and make the game. We could do it solo, in secret, then release next year and cash in on Shaq's name. What we chose to do instead was to create a crowd funding campaign that would allow people to get involved with the actual creation of the game. The pledges aren't for nothing. We're not asking for charity. $15 gets you a half price copy of the game. Anything up from there and it just gets better. We're offering incredible perks like allowing people to voice characters in the game. We're offering people the chance to invest in the game and actually shape how it gets made. Once the campaign closes we'll be creating a private forum for backers where they can pitch their ideas, help us reflect on our own, and truly collaborate on how they want their project to go. That's a lot better than paying full price for a game and sitting on the sidelines, if you ask me.
Thats a good reason, didn't think of that. Link to ampp3d.mirror.co.uk
Hahaha very funny! :)
On a scale of 1 to Slam jammin', how hardcore will the dunks be? Slam jammin to the power of 34.
What piece of advice or info can you give for those that never played the original? Don't ever play the original.
So I'm ahead of the curve? Definitely. Protect your mind and just focus on our Shaq Fu!
I'll play this in the meantime. I'd steer well clear of that too, if I were you!
Next you'll be telling me not to watch Kazaam! Oh, I wouldn't say that. There's a phrase that goes "If a man does not know his past, he will inevitably repeat it." We don't want that now, do we...
I'm gonna go drink some Shaq soda and sit down to a double feature of Steel and Kazaam. You're in for a long night!
I think it's great that Shaq Fu is accepting Digital Currency Quark for in-game transactions making payments very easy. What is your opinion on that? Of course! It's fantastic! It's a real acknowledgement of the fact that the future is pressing upon us. Why hold back? Let's get our hands dirty and be part of making this stuff a real facet of modern transactions. Can I buy my in game purchases with Crypto currency? Hell yes! Quark coins accepted here!
Sweet, Shaq Fu made new fans for sure by accepting Digital Currencies, ShaQuark for the win :)) :)
Just Quarks? Or are there plans for Bitcoins, Litecoins or, just for the laughs, Dogecoins? Just Quarkcoins. It's a coin we have a lot of faith in and we think it's certainly the coin of choice. Their transaction speed and security is extremely good.
Chaos Dunk? Great name. Very possible!
The name comes from Charles Barkley Shut Up and Jam Gaiden RPG. Amazing little game. I just watched the Youtube video. That's a hell of a finishing move!
Link to www.talesofgames.com. Oliver-- if you and the staff haven't seen this, this is where the Chaos Dunk reference comes from. Y'all should check this game out. Awesome!!!
Are there going to be unlockable costumes that give a nod to the big man's many nicknames? I would love to use the Big Aristotle or the Big Shaqtus. Yes! Powered up character modes for the nicknames!
Is Shaq going to be involved in the soundtrack? Either making music or helping choose music? Yes, Shaq WILL be involved in making the soundtrack!
I noticed you said the game will be a beat'em up style like the DMC series, have you ever played Mortal Kombat: Shaolin Monks? I highly recommend checking that game out for an example of a beat-em up with fighting game roots. Will check that game out.
Will the story have any ties to reality or is it purely fictional in regards to the setting? Shaq has played in many cities throughout his career, will we see any references to his playing days? Purely fictional. This Shaq Fu character is similar but different to the reality of the big man himself.
As a long time Shaq fan and owner of the original Shaq-Fu on SNES, I am really excited about this project. I wish your team the best! Thanks so much for the support!
In the Indiegogo, you said that there will be a powerup for "every nickname Shaq has ever had." Do you have a comprehensive list of Shaq nicknames? Who compiled it? Can we see it? Most of the nicknames were created by Shaq Daddy himself. You can search for Shaq names online and find pretty much all of them. Just imagine powering up into the Shaqtus, the Big Aristotle, or the Big Diesel. It's going to be amazing!
I remember playing the original game as a kid and thinking how horrible the controls are. Are you doing anything to remedy this or are you going to keep the controls somewhat the same? What was your view on the original? As stated in our developer video on the Indiegogo campaign page, we were very unimpressed by the original Shaq Fu. See A Legend Reborn as a total reinvention of the concept. Controls will be so much better. We'll be going with the usual format that gamers are comfortable with. Not too complex. Very intuitive. Smart, easy, fast. That's our plan.
Will Rick Fox be in the game? Will this game be a 1v1 fighting game like the old or an action beat em up like final fight? What kind of fighting game engine will this title have? This is going to be a classic beat 'em up for the new generation of gamers. The engine is still under development but it should feel like DMC in a beat 'em up suit. Rick Fox is not currently signed up to play a role in the game :)
Are any of the playable characters from the original appearing in this remade version? Our vision is to create a whole new set of characters that will have their own legacy, however, we may well be seeing one or two cameos from the original faces.
I'll be pumped to see at EVO, Shaq Fu Grand Finals: Shaq vs Sett Ra. That would be amazing. Absolutely!
I gather that the game will no longer be a 1vs1 fighter but instead it'll be a beat'em up... Correct. The game is going to be a 3D beat 'em up.
You mentioned that you will be creating a private forum for the backers where they can pitch their ideas to the dev team. Will you also be giving them access to alpha or beta testing? Edit: I just saw that $45 gets you access to beta testing. So I guess my only question is whether or not you guys have a timeline for that stage? It depends on the perks they purchased. We will be honouring those perks that list alpha testing as part of the package. Anyone else will be able to see developments and get updates on progress and news from within the dev team. We want to bring people in on the action as much as possible.
Thanks for the response. Would you go on record as saying you want to bring people in on the "Shaqtion?" For the record "We, at Big Deez, want to bring people in on the Shaqtion! Let's Shaqtivate plan Shaq Fu!"
I'm confident y'all have both the Shaqumen and the Shaqsperience to make this game worthy of press Shaqqolades. I salute you, sir.
Since the original was essentially devoid of one what do you have in mind for the plot so far? The plot is going to be epic. Very tongue in cheek. I like to reference Big Trouble in Little China. It knows how to make fun of itself. You can't put a basketball player in a fighting game and make it straight. It's going to be a laugh out loud experience.
What kind of games would you compare this new Shaq-Fu to? Where are you guys drawing your inspiration from? I grew up on some old school classics like Streets of Rage. I used to love games like that. The arcade feel that is lacking in so many game now. I would say that our major inspirations, beyond Streets of Rage and other games like it, are things like DMC, Ninja Gaiden, and Street Fighter. Love the fast paced, highly responsive and satisfying fight styles. It's all about responsiveness. You wanna hit those buttons and feel the combos lashing out on the enemies.
How much DLC are you expecting to add? The crowdfunding page says that it will be worth over $200 total. Is it really going to be worth that much? DLC is going to be a big part of how we want to keep Shaq Fu alive after its initial release. It's not just a 'fire and forget' type of project. We want it to be continually developing and progressing with DLC content to keep it burning. Our backers will have a lot of say in the type of DLC we create but we're talking levels, characters, apparel, weapons, unique items, mods, all kinds of stuff.
Why a SNES Reproduction cart and not Genesis? I see so many Nintedo reproductions, but not Sega. Also, what sort of characters should are VO perk donators going to voice? We went with what seemed to be the most popular. We could certainly consider doing a genesis version if it seems that people really want one. There are going to be so many great characters that will be voice by the VO perk holders. It's really important to us that we give those backers something they can be proud of and that feels like they really are part of history.
Did you have to alter the doorways in order to get shaq into the building you're working in? We just use the loading bay.
I guess now that I think of it, SNES cart of Shaq Fu are rarer than Sega, so SNES is probably best because someone might do fakes down the line of the Sega ones saying they were the limited reproduction and try to sell them when they weren't. That's a good thought. I would be inclined to agree with you.
Did you just reply to yourself? Fishy. Nope.
Will this game acknowledge how bad the first one was? I think there's enough room in the game for a little reflection on painful past lives :)
When are you planning to release the game? And will we see some gameplay anytime soon? Game will be released in 2015. We can't release gameplay footage until we get neck deep into production. A game goes through a multitude of developmental stages before it looks anything like the finished article.
What current fighting game would you say Shaq Fu: A Legend Reborn draws the most inspiration from in terms of mechanics? It's difficult to pin it down to just one. I would think of something like DMC, or Ninja Gaiden, in terms of that fast paced whoop ass kind of action. Lots of people have named God Hand as something to refer to. I took a look and it certainly has some similarities to the kind of mechanic we want.
You just referenced God Hand. Shut up and take my money (oh wait you already did) :)
What's it like working with Shaq? Has he made this face yet: Link to www.miscupload.com. Working with Shaq is awesome! He made that face when we told him we could remake Shaq Fu, only a million times better!
How big of a part was Shaq in the creation of the game? Our guys met with Shaq at his house and talked through the kind of project they wanted to make. Shaq is very keen to be involved in the whole process. His humour and personal flavour is going to be woven throughout the game. It's not just about getting his name and face, it's about getting his personality and flare into the project.
Are there any golden cartridges left? Yes. Get over there now and grab one! Link to www.indiegogo.com
Will there be various suits the characters can wear as perks? Shaq has a line of suits for non-Shaq sized people. There are definitely going to be alternative outfits and there's no good reason we can't have something like that. Suggest it in the private backers group once we open the forum!
I'm on student loan money, dude! Maybe for Shaq Fu: 2 Shaq 2 FUrious I will be able to donate. A Shaq Fu racing game. That's an interesting idea... :)
For the voice over perk, what will contributors actually voice? (Ex. Background noises, a character, etc.) Oh, definitely characters! This is not a cheap shot perk where we get people to voice a creaking door. These are going to be lines in the game, spoken by characters.
What type of game is this supposed to be? Will it be a similar format to the original or maybe a beat 'em up style? Beat 'em up style. Classic, solid, awesome gameplay.
Is there any way I can get this put on a t-shirt? Second, will there be a lot of dunking on Charles Barkley involved. Sure. There is a T-shirt perk on Indiegogo: Link to www.indiegogo.com Dunking on Chuck would be a dream come true!
When choosing to make games I played as a kid; what made you choose shaq fu? Was it really at the top of your childhood ignored ips? Basically, tell me why I should give you money to give me a sequel for a game that I originally regretted buying? (For reference, there are tons of snes ips that have been ignored that could be more fun. Primal Rage, Fighters History, hell even Brutal Paws of Fury (A silly game with unique features released the exact same year) would have peaked my interest more that shaq fighting a mummy. [Edit] from your other answrs it looks like you're not even making a fighting game. You're making a beat 'em up..? Now I am even more confused. Hey. So it just so happened that our development company have contacts that work for Shaq. Our CEO, Matt Karch, came up with the idea of working together with Shaq to make a video game. Matt met with Shaq and they both agreed they wanted to do something. After several hours of discussion it seemed that the one idea that everyone kept coming back to was to make a new Shaq Fu. We think that the beat 'em up genre has been somewhat neglected and we wanted to go down that route. Shaq was up for the adventure and we all decided to go for it. That's how the idea came about. This game is going to be nothing like the original. Same name, different animal.
What was the inspiration to bring such an obscure franchise back from the dead? I can't image there was much of a groundswell, even among old-school gamers. We really wanted to make a beat 'em up game, just like the classics. We felt that the genre had been somewhat neglected. We were put in touch with Shaq and discussed the possibility of making Shaq Fu and he was totally down with it. It's not going to be anything like the original. Not a sequel at all. This is simply a chance to do something really creative with someone as great as Shaq.
Will this game be released for next gen only? No. It's guaranteed a PC release, and, if we hit our goal, then it's going to be released on PS4. PS3, Wii U, Xbox One, and Xbox 360.
How big a part will Artem be playing in the development of this game? Artem has been a fantastic source of creativity so far. We hope that he'll continue to be a part of this all the way to the end.
Hey, if I pledge money for the game and it meets it's goal, do I get the game for a console, or is it just pc? You'd get it for PC and the console of your choice!
This is awesome! Can't believe you guys are remaking this. Are there still more voice over spots available? Thanks! We're really excited about it. And, yes! As of this moment there are 47 VO perks left before we lock it down.
Do you see Shaq Fu: A Legend Reborn being played competitively in the future? Definitely. We are holding a Shaq Fu tournament next year where people can actually compete against Shaq!
Why do you need to crowdfund when, assuming he's in any way involved, you have one of the biggest men with an equal-sized wallet (and dong) seemingly gung-ho about the game? I'm really glad you asked this question. First, yes, we have the money and could go out and make the game. We could do it solo, in secret, then release next year and cash in on Shaq's name. What we chose to do instead was to create a crowd funding campaign that would allow people to get involved with the actual creation of the game. The pledges aren't for nothing. We're not asking for charity. $15 gets you a half price copy of the game. Anything up from there and it just gets better. We're offering incredible perks like allowing people to voice characters in the game. We're offering people the chance to invest in the game and actually shape how it gets made. Once the campaign closes we'll be creating a private forum for backers where they can pitch their ideas, help us reflect on our own, and truly collaborate on how they want their project to go. That's a lot better than paying full price for a game and sitting on the sidelines, if you ask me.
Are there going to be a lot of catch phrases or references to his real life or basketball career or possibly kazam references? Catch phrases are going to be abundant! It's Shaq after all!
Any Kazam references or is he still sore about that? Kazam is a protected IP, which means we can't just throw it in there. However, Shaq has a great sense of humour and I'm sure he knows how to handle a joke. We'll have to see... :)
Ok thanks i know he has a great sence of humor but when it comes to kazam i wasnt sure... Link to www.youtube.com. :D.
Any other NBA player in the game or will you just stick with Shaq and various monsters? It's a complicated affair getting anyone famous to be part of a game. We're totally open to anything here but it depends on a lot of factors that are out of our control. Watch this space!
Holy shit i was Just playing Shaq Fu last night! Why are you remaking it? If you were playing it last night then you should know exactly why we're remaking it! :) It desperately needs reincarnation in a fully functioning body!
Heard you guys were incorporating Quark into shaqfu? How do you imagine it working? Quark will be a payment option for in-game purchases. We're very excited about it. It will be fast, seamless, and easy to use. We're working closely with Quark who will help us integrate the necessary tech into the game.
In all times ive played over the year, ive never learned any combos or special attacks. I pull out the Snes to show the next generation where games came from. My little niece is 10 and she thinks its all started with the Wii. What platforms are you releasing on? I totally get you. I started out on a ZX81 and had to program all my games! I'm only 31 but when everyone else had the latest consoles, I was on my atari 2600 in 1988. My parents did what they could but that stuff was expensive. I used to play Pitfall, Frogger, Tutenkamun, Battlezone. I know exactly where video games began! We'll be releasing on PC. If we hit our base goal then we'll be going live on PS4, Wii U, Xbox One, PS3, and Xbox 360.
Daaamn, your gaming history is way better than mine! Is the game going to be an arcade game on Psn like the Ducktales re-release? Any other new characters like Shazam or Kobe? PS.. also on Steam? It's definitely going to be a digital purchase on the various gaming platforms. Characters like Shazam and Kobe are intellectual property which means, as much as we may want to, that we can't just throw them in. We have a lot of great ideas and we're going to try and find a way to get all the good stuff in the game!
Well thanks man i look forward to playing! got a price point yet? Thank you! You can grab the game right now on Indiegogo for $15 while the campaign is still running. When it's released it will be priced at around $30.
You watch the Power Rangers growing up? I did.
The Green/White Ranger, Jason David Frank is going to be in an episode coming up. I'm pumped. Cool! I remember him as being the most serious. Didn't he have a pony tail?
I'm a big fan of very difficult, very brutal games, right from the start. Is Shaq Fu: A Legend Reborn going to have an excruciatingly difficult option from the beginning of the game? IE will we get a "Choose Your Difficulty" screen that says, "Kobe, Medium, Hard, Shaq" choices, maybe with "The Big Aristotle" mode as an unlockable, ultra-difficult setting? I love this idea. We were always going to have lots of difficulty settings but the names you've chosen are very witty! There will absolutely be a mode for people with a death-wish!
Do you intend to make the player vs player combat be balanced for competitive tournament play? Yes.
Now how do you guys really think you can make a better game then the absolute classic that is Shaq Fu? Well... let's just say we have a gut feeling.
Any hot babes in the game? I kinda wanna see the return of Kaori from the original Shaq Fu. Kaori has been requested a number of times. She was a cool character. We're definitely considering bringing one or two faces back from the grave but we've got some fantastic ideas lined up for the new cast. We think people will love them.
Are there any secrets hidden in the game that you can tell us about? Secrets... afraid not. Got to keep 'em secret. All I can say is that there ARE secrets, and one or two of them are BIG!
I just want to know if Shaq will eventually have to fight Barkley as a boss sometime in the game. That would be telling... :)
Is shaq aware of the game? Shaq is very much aware of the game. It was partly his idea.
So you got to work with shaq? So jelly. :)
I had a question about one of the perks on Indiegogo. I wanted to pledge $35 for the DLC and exclusive character, and I wanted to know if it comes with the digital trading card, or do I have to purchase that seperately? You'll get the trading card too!
I saw that your Facebook page is giving people a chance to meet Shaq if they like it. Really? Of course!
So we just like the page and we get picked randomly to meet him? If so, that's awesome. You got it!
1: Any plans for NBA stars to make cameos or anything? It'd be cool to see some other Dream Team players make appearances. Plans: It's definitely possible. As you can imagine, there are certain negotiations that would have to take place to implement that. We are open to everything.
2: Dunk special moves. This isn't a question. Make it happen. Dunk special moves. Duh! Of course! :)
Yeah, in all seriousness, it looks like they care what we think and want. So that's pretty sweet. Definitely. We're always listening to what our backers, and the gaming community, want from our game. We really believe we can make this game in a new and fantastic way by collaborating with the people who will actually buy and play it. We really believe that gamers know what they want and don't want to be spoon fed the latest fads.
Not really a question, but a comment. Reading this thread makes me very happy that I spent a significant portion of my tax return in order to be a part of this project. No regrets. Let's make this game be amazing. You're the man! Thanks a lot for your support!
You should have a special move called "Green Egg and Ham It" :)
I pledged 50 dollars. No question, just wanted to say I'm actually really looking forward to the game, it looks good. :) Thanks so much for the support!
Have you met shaquille o'neal yet, and if you have, how astounded were you by his sheer size? I haven't but Matt Karch has, more than once, and he's a big guy. I'd say Matt was pretty damn astounded.
Last updated: 2014-04-25 16:01 UTC
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