Hi everyone, do we have a faucet for Dash?

[r-ando]

Bitcoin implemented a faucet at its beginnings and the concept seemed very popular. Maybe we could fund it with some masternode profits. Im still thinking about the equation I came up with to distribute Dash but I can't do it myself right now because I'm busy dealing with a health condition. Here it is again for reference if anyone wants to use it:

All values are averaged on a year:

R= # units assigned at birth

Y= # of Y nodes

A= People born per day

B= Days in the year

A x B= Life creation index

C= Creation index rate for Y nodes

D= Amount that goes to X node creation (after costs of operation have been factored in)

G= Planned growth rate (amount of existing Y node profits assigned to creating new Y nodes) This is an adjustable variable so growth can be directed.

I= Intention increase rate through exterior means such as wills and donations. This also includes 10% of X node profits to complete the circle and is possibly variable if needed.

iX= Index of coin units that go to create X nodes

cX= Full coin creation going towards X nodes.

nX= # years to create a full X node

1000= Number of coins for a full node

V= # units assigned to a person at a determined time (age)

50% = Percentage of V that a person can touch every 5 years. (this is a variable, if we can give more then that is what we will do as long as it is sustainable and allows the node creation to stay positive)

When it is possible, a part of the 10 percent that goes from X nodes to Y nodes will start creating Z nodes for other initiatives.


R= [ Y (AB) C ] + D

C= G + I

iX= (AB) (W+D)

cX= iX (AB) ÷ # coin units in a full coin

nX= 1000 ÷ cX

V= # units in all X nodes ÷ # living beings

# of units available for a person every 5 years: 0.5 payments of V

Here is a link to the original idea: www.ravawc.org

 

[balu]

There are faucets, there's even a faucet rotator. It's not really worth it though.

 

[r-ando]

If Dash can implement this equation it will become the worlds first SELF-SUSTAINABLE and GLOBALLY DISTRIBUTED currency. People would be free to use it or not.

It would basically be one of the biggest things to ever happen to crypto, much bigger than an airdrop or anything like that. It would make the price go skyrocket with time in my opinion and it would make crypto accessible to the whole world. All we need is a website so people can sign up for their account and also low fees for this initiative.

It would also be huge for publicity to separate us from other cryptos. I'd sign up right away for free Dash And all we need for it to be self sustainable using this equation is 3 dedicated nodes.

I'm surprised this hasn't been discussed more yet because with the paying structure of the masternodes its essentially perfect for global distribution. One day using this equation fractions of DASH could be worth a lot.

 

[r-ando]

Dash is currently the only payment method in the world which makes this possible, I suggest we become the first movers here and make Dash the worlds first GLOBALLY DISTRIBUTED CURRENCY. And that includes fiat currencies too The only thing is governments might freak out because the idea is too good... Hahaha It would be huge publicity and would make Bitcoin itself jealous

The world itself would shake. Please consider this Evan and developers, thanks!

Can you think DASH NATION or even better DASH PLANET? It could even be the next step in the evolution of forms of government. (especially with the voting mechanism....) But I'm getting a little bit ahead of things, a good start would be the WORLDS FIRST GLOBALLY DISTRIBUTED CURRENCY

 

[raganius]

r-ando, congratulations for your ideals, and for your website: it is beautiful! I once said somewhere here in this forum (or at the BTC talk... I could not find the post) that, in order to avoid the "criminal's currency" prejudice, DASH (I remember it was still Darkcoin then) should always try to associate it's image with good initiatives, like sports, educational or humanitarian projects. If the people know DASH from these "good" situations, they would give much less importance to the eventual (and unavoidable) "bad uses" of the coin. And your project IS very important in this regard. Thank you.

To be honest, I believe that the best wealth distribution method is the honest work, market and efforts. Simple "distribution unattached to personal merits" will make more harm than good in the long run, because it promotes and benefits the laziness and stagnation, while, on the other side, honestly awarding works and creative efforts is what can bring the best results after all.

What the cryptocurrencies in general, and DASH in particular, can bring in this regard is independence from the dishonest systems that dominates the world's wealth. The objective is not to "artificially" force a distribution, but to assure that this distribution will be fair, considering what each individual does in order to better society as a whole (no populist solutions, as well as no elitist-excudent ones).

But this is my opinion, and I know that many many people hate this "libertarian" view of things (even here, as I've noticed in plenty occasions).

Anyway, in what concerns your project, as I have said above, I really congratulate you for your initiative, for it is extremelly beneficial to the image and the promotion of DASH and of our community. And I hope that one day in the future the people in the world will not depend on charities, because their time and their work will be honestly appreciated.