When accepting DASH as payment, what are the main advantages, in your opinion? Have you faced any difficulties?
Share your DASH-related experience here!
via Dash is Digital Cash https://www.reddit.com/r/dashpay/comments/k22i2d/hey_are_there_any_business_owners_here_accepting/
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I'm considering taking a loan with the Celsius Network and pledging some Dash as collateral. I'm based in the UK and apparently they work under a "sale and repurchase" agreement where I can buy back my Dash at the exact price I sold it at.
Any advice appreciated as to what the downsides could be? Or with the Celsius Network in general.
I know the whole "not your keys, not your coins" and am taking a risk trusting a 3rd party with my coins, but they seem to be a reputable company.... and I'd rather borrow against the Dash instead of selling it to get some much needed cash.
Plus, it'll only be about 10% of my total coins.
via Dash is Digital Cash https://www.reddit.com/r/dashpay/comments/k1gkv1/celsius_network_loan_advice_bad_idea/
From what I can see it looks like Moo's masternodes that he is hosting for others are slowly getting kicked off the network. I hope he is doing ok and looking after himself. All the best Moo but I gotta leave ya, take care.
via Dash is Digital Cash https://www.reddit.com/r/dashpay/comments/k1b9cy/moocowmoos_masternode_hosting_service/
Another Successful Dash Budget Cycle passed 5311.95 Dash will be paid out across all voted in DAO projects in 2 days
and in the DashCore transaction tab, it took 2 mins for a confirmation to show up (it was saying '0 confirmations, verified by instantsend' for the first 2 mins)
via Dash is Digital Cash https://www.reddit.com/r/dashpay/comments/k0wu96/sent_tx_from_dashcore_wallet_to_official_android/
Some people have asked about the equity that is received in exchange for a quadency investment. I've learned that often Venture Capital is not that simple.
I understand this question, and will answer it below. However I would like to first say that I believe one of the main benefits of this proposal is the building out of a FastPass partner. This proposal helps round out the partnership and allows the Dash Network to support the FastPass network in a holistic way.
As is often the case it is very difficult to value private equity. As a result many investments utilize SAFE agreements. SAFE agreements are tied to a future funding round where a valuation is established. As an early investor takes more risk, the early investor gets the equity at a discount.
For the Quadency proposal, there is a SAFE agreement that the DIF is a party to if the proposal passes. This SAFE agreement would provide a 20% discount to a future valuation. 20% is fairly standard.
Also, by supporting Quadency with this proposal, the Dash Network is provided $20,000 of advertising building out the FastPass Network and branding. So the math is:
$100,000 goes in
equity and advertising comes out.
If Quadency has a second successful round then the equity would be worth $125,000 at the new valuation, and the network would have also received the $20,000 of advertising.
With best wishes,
via Dash is Digital Cash https://www.reddit.com/r/dashpay/comments/k0bjg6/clarification_about_dif_quadency_proposal/
The subtext is amazing on this on-going twitter thread. Really. No adoption of "solutions". Acknowledgement of problem. Aggressive behavior. Perfect summary for anyone joining us late. Meanwhile Dash just works. RIP SATOSHI
Dash being a preferred choice instead of other coins while carrying out remittances on https://ift.tt/3kX2Cfm
Dash is the cheapest, fastest, most secure and first instantly settled Proof-of-Work cryptocurrency in the world. Its network features instantly settled & respendable transactions, 51% attack immunity, optionally private transactions and the first decentralized blockchain governance and self-funding model through incentivized full nodes which also enable easy scaling for mass adoption.