Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
ddink7
on 16/04/2015, 16:03:55 UTC
snip

My understanding is that it's just a mechanism for someone who has a stake in Dash to express his/her opinion.
Why only masternodes? Should one who has 0 Dash be able to vote? 10 Dash?
What would be the minimum to avoid that one person voted with 10k (almost) empty wallets?

I understand that, but could it be used, in the future, to disproportionately control DASH somehow?  The idea, like I said, is probably to help make decisions on benign things, but what if it becomes a controlling feature, something never intended?  Maybe that can't happen, but frankly, I see foundation membership as being more interested in doing what is in the best interest of DASH, as they don't have as strong an ulterior motive (making money) and they're actually helping to fund the foundation and pay for development. - supposedly, I mean, that's where the dues are spent.

But the miners control the network. They are the ones who create the blockchain, and who can simply refuse an update if they choose. I was actually surprised (and impressed) that the miners accepted the increasing MN reward split--I was seriously expecting a few big miners to balk and possibly fork the network.