Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
iCEBREAKER
on 05/12/2015, 02:58:59 UTC
Masternodes are as centralised or decentralised as miners.

That is incorrect.

Decentralization is measured as the cost of the option to run a fully participating node (http://www.truthcoin.info/blog/measuring-decentralization/).

In Dash, only Masternodes participate fully (IE, are able to access/verify/amplify the blockchain signal in a trust-free manner) and they have an entirely artificial, very high 1000 Dash barrier to entry.

OTOH, anyone with a CPU/GPU may exercise their option to mine.



what DarkCoin does is highly centralized

"masternodes" does not sound like something decenteralized, it sounds like something that creates a small chokepoint which could be used to deanonymize its users, like a server based CoinJoin but worse since you have to hold a huge pile of coins to run a server.


Unless they are a bagholding DashHole cultist, why on earth would anyone listen to your gainsaying assertions instead of a renowned BTC core dev?

In conclusion,

Your pump and dump dance would probably be more effective if you were less transparently dishonest in your approach.