Dash Presentation - 7 October 2015 - Evan Duffield, Daniel Diaz, Robert Wiecko and Balázs Király
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Transcript of Dash Presentation - 7 October 2015 - Evan Duffield, Daniel Diaz, Robert Wiecko and Balázs Király
![Page 1: Dash Presentation - 7 October 2015 - Evan Duffield, Daniel Diaz, Robert Wiecko and Balázs Király](https://reader034.fdocuments.us/reader034/viewer/2022050614/58e8a2be1a28ab291c8b627b/html5/thumbnails/1.jpg)
Dash
Project OverviewAmsterdam, 7th October, 2015
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Dash as digital money for everyday
financial transactions
Dash Vision
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Agenda
3
2
1
Innovative Dash TechnologyMasternodes, InstantX, DarkSend and Budget System
Project Management in Dash
Introduction to Dash fundamentals
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Agenda
1Introduction to Dash fundamentals
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What is Dash?
• Dash the monetary token and payment platform.
• Dash the decentralized organization behind it.
• Four fundamental aspects of Dash.• Incentivized infrastructure
• Decentralized Governance and Funding
• User oriented added value features
• Innovation
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Incentivized Infrastructure
1000 DASH
Miners Masternodes
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DECENTRALIZED GOVERNANCE AND FUNDING
PROJECTS
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User oriented added value features
Instant transaction confirmations
Privacy and Fungibility
Future applications:
scalability, ease of use
Additional decentralized applications
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Innovation
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Agenda
2Project Management in Dash
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Project Team and Organization
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Centralized vs. Decentralized
Is decentralized project organization better?
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Challenges
• Project Organization
and Collaboration
• Communication
• Quality Assurance
• Processes
Challenges
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Marketing and
Promotion
Business
Development
Project Structure
and
Organization
Software
Development
and OperationsCrowdsourcing
Project Development Support
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How Do We Address The Issues?
Processes and Methodologies
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Agenda
3Innovative Dash TechnologyMasternodes, InstantX, DarkSend and Budget System
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• Why'd I Start Dash?
• What Is Dash?
• What's the goal? Rethink Everything!
Introduction to Dash:
Innovation Security Scalability Decentralization the Human Effect
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Solving Problems in crypto-currency
How do we solve
these problems?
Governance
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Fixing Decentralized Scalability
Infrastructure and Team Scaling
• How do Centralized companies provide this?
• Decentralized projects can't grow effectively
• Team scalability
Should miners get 100% of the reward?
Solution: Second Tier
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What Is The Second Tier
• Managed Infrastructure
• On-Demand Services
(Privacy and
Instant Transactions)
• Voting Powers
• Quorum Powers
2nd tier
Users
1st tier
Operators
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Solution: InstantX (Decentralized Oracles)
What is proof-of-work?
• Miners compete for blocks,
if they disagree?
Dash has a better concept
• Trustless decentralized oracles
to lock transactions
Fixing Speed
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$100
Fixing Fungibility
$220!$230 $240
Solution:
Second Tier
Mixing,
DarkSend
• Privacy using the 2-tier system
• Fungibility side: No one should have to
worry about if their money came from
an illegal transaction.
• Privacy side: The blockchain is public
and our users shouldn't be spied on
$100 $100
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Solution:
Decentralized Governance
and Budget System
• Revolutionary Concept
• 100% Decentralized
• Use the human element
and wisdom of the crowd
Fixing Governance
Requirements:
• Clearly defined
• Quick
• Efficient
• Effective
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Dash Decentralized Funding
• Core Team Funding
Provided by the Network
• Completely Trustless and
Decentralized
• Core Team Elected
by the Network
• run the virtual currency
• can be over turn
at any time
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Dash Budget Proposals
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Dash Budget Proposals
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Dash Budget Proposals
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Introducing the Virtual Corporation
• Core team is elected by
network
• Core team is paid by
network
• Governance is trustless and
decentralized
• Revenue Stream is provided
from the network itself
• Growth oriented : Aim is to
provide ecosystem growth
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What’s Next
For Dash?
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Dash Evolution
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Dash: Digital Cash
Reinventing Money
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Q&A