Smarter contracts anyone ??

Dashmaximalist

Dashmaximalist

Well-known member
Ethereum has shaken up the entire cyptospace and looks to take over the king bitcoin sooner than later

The reason is obviously smart contracts, every new idea in the crypto space ends up as ERC 20 coin

given the fact that Dash has the best infrastructure in the crypto with its master node network etc

cant we roll out better smart contracts than eth ?

we are the only platform that can offer Instant send, thats because of master node network , similarly cant we design smarter contracts than the ethereum platform

with the recent price surge we can easily fund such an initiative ? what do you think ?
 
any technical reasons why we cant have smart contracts on top dash platform similar to root stock (RSK)

the point is simple, whoever comes up with dash plus smart contracts is real winner of this crypto game
 
no technical reasons

as voted on - we are trying to be the digital cash !
there is no digital currency out there that works , autonomous and independent , that's why dash set up all systems in place to be that and fullfil that satochis dream !

any idea how hard it is to invent new money that can beat the FIAT we are using right now ? think about it
1st things 1st and whatever else after
 
i am not denying the fact that dash is the best crypto out there , but without smart contracts and all those economies running on dash , facebook can copy dash and come up with its coin in couple of clicks
what happens then ? we need to think future and make dash future proof else we will be just like bitcoin :) :p
 
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so u are suggesting to put a patent on dash ? or where is this going ?

FB (if they are so into smart contracts) can just copy eth and done ; )
 
nah , patents don't work , not in crypto world , we just to have innovate constantly and tirelessly

i personally think that a strong platform like dash should come up with smart contracts as well, then the platform will become almost irreplaceable , and given the fact that we have the bandwidth ( the money ) to do it , we should do it.
 
Dashmaximalist said:
nah , patents don't work , not in crypto world , we just to have innovate constantly and tirelessly

i personally think that a strong platform like dash should come up with smart contracts as well, then the platform will become almost irreplaceable , and given the fact that we have the bandwidth ( the money ) to do it , we should do it.
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well good for you
as said before - the community voted ....
 
i agree with @tungfa . Its important to remember what statoshi invented; the decentralised, free, anonymous, instant transfer of value.

Whatever crypto refines that key innovation will take home the chocolates.

The underlying protocol should focus primarily on that vision.

If some other "smart" use cases emerge in the future (still haven't seen any) then they could be incorporated at the edge. But, building complexity into the base protocol just increases the amount of attack vectors.

Ethereum is constantly getting attacked. In addition, the ethereum blockchain is growing at a ridiculous rate. Some commentators are saying it could get to 1 terabyte by the end of the year because of all these garbage ICOs.

Lets get the basics right first, and then take it from there.
 
i am sure so many people missed the dash rally because they thought dash is not as secure as bitcoin , but obviously now its kind of proven that bitcoin model is unsustainable with the civil war that's brewing up. ethereum is one of those miracle currencies on which 100s of ideas / companies are getting built, however as you rightly pointed even ethereum is showing cracks under heavy usage.

However heavy usage shows one big point, people really love it ​

we might not be able to figure out what smart contracts are really useful for ( bit of pun intended ), but people seem to be really interested in those , and we as a platform should be able to cater to that.

If we dont do that , someone else , some one will come up with clone of dash plus ethereum and they will take the world by storm..
 
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I look at it like Core is looking to become the Digital Cash sector, and there can be several other sectors that add into the pool. We are not limited to only become a digital cash. We already have a group covering that area.

I think the next step isn't contacts, but forming an identity. After identity, can come contacts. But there's the 3 terms of money that need to be incorporated, it needs to be transferable, self stored, and hold a identity. With identity, users can own a house, a car etc. all of this could then become easily transferred, and very transparent with no ability for manipulation. Throughout history, governments would tell citizens that the people don't own the land but that the government does, and they end up seizing it from citizens. The more ways we can become self reliant, the better. Once we start working on a system for that, I'd say contracts could come next. Some contracts could require items like these to be transparently viewed and stored.

But this system would be best used in self governed areas. after identity is formed, we need a local governance structure to become available. anyone would be able to start a government up with their own standards and anyone with an identity can then join these civilizations and be given the ability to vote.

Then I think smart contracts can play a role in transferring Data/Energy. These small local government will need a power source, but a decentralized source. Allowing anyone to provide power to the city with a peer to peer transaction service is needed. Also people can own cell phone towers to provide signals to cities phones and I also think even WiFi will become available city wide. You will not need a router anymore, the whole city will be wifi connectable where people who support wifi for the city get paid. All of this will use smart contracts I think so that's when contracts can come into play haha.

Blockchain has the ability to change the way the whole world works, it's actually crazy haha. There is so many things that we can get into. I'm obviously thinking very very far into the future of Cryptocurrency but that's just my idea of the stages we should take in the long term.
 
Perhaps he is referring to identity like a drivers license for the blockchain.
I think that's kind of what we're getting into with Evolution - an identity/username related to assets, accessible across all platforms (DASH, to start).
The identity could then branch out to being a proof of ownership of assets that we buy and sell and insure, all on the blockchain, in real life (cars, house, yachts)
 
i have fundamental issue without having smart contracts and eco systems built on top your coin , what happens when facebook comes up with own coin and gives $10 to each of the users ( (which doesnt cost it anything as it has these users already ) ?
 
I totally agree with @MizzyMax about identity, it really is the missing piece. I would say, though, the importance is not so much identity in the traditional sense (name, address etc), but rather proof-of-uniqueness.
 
Dashmaximalist said:
facebook coin will be decentralised it could be just a clone of dash
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I don't think a corporate (centralised) entity like Facebook would ever release a product which is decentralised, as they would have no control over any potential reputational damage it could cause.

You've raised an interesting discussion here, but I don't think its something Dash should be focusing on right now.

I heard something recently... "Bitcoin is the cryto which specialises in the 'Decentralised Storage of Value' space, Etherium specialises in in the 'Decentralised Smart Contracts' space and Dash specialises in the 'Decentralised Payments' space.
 
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