Quote from: Otoh on January 09, 2016, 02:03:51 PM

Quote from: TanteStefana2 on January 08, 2016, 12:19:40 AM

Quote from: eduffield on January 07, 2016, 07:07:32 PM

Quote from: Melech on January 07, 2016, 05:39:41 PM

Quote from: Minotaur26 on January 07, 2016, 04:57:01 PM

Evan does not own 500+ nodes. Otoh our largest investor currently owns about 430 nodes as he divested a big portion of his nodes in favor of more distribution and a healthier network, also giving new whales the opportunity to buy in. Having said that, I don't see why the minimum age for a proposal could not be changed to 48 or 72 hours to always give the network more time. I think that is a really good suggestion.

How would you know?

I ran the numbers 6 months ago, but I estimated Evan should have mined 750,000+ in the first 24-48 hours with the hashrate he himself claimed to have at the time... that's 750MNs already... (not that he necessarily has them online right now)

Then they start collecting 50% of the mining share as masternodes, he should have 1000+ by now...

Yeah, your numbers are off and Minotaur is correct. I do not hold as many coins as Otoh. The system is designed in such a way that the founders eventually lose complete control of the voting system. It's on purpose, we are the ones that have the best idea of what needs to be done currently, but over the next few years our voting power will become less and less.

Look at the emission schedule here:
https://docs.google.com/spreadsheets/d/1RpLd87PTs65sz8USrrXwGRoVGVbzaC-nunErEtGSJoE/edit#gid=0

55% of the coins are going to people other than the masternodes (miners and budgets), that means a good portion of those will actually be turned into fresh masternodes. Over a long period of time this will dilute our power in the system.

In 2020 we will have nearly 10 million coins and probably about 7000 masternodes (Just a guess based on current trends).
In 2025 we will have nearly 12 million coins and probably about 9000 masternodes.

You should be able to see where I'm going. Those with a many masternodes can't even keep control of this if they are dedicating a good deal of earned coins back into the system. Year by year, our network will become increasingly more decentralized. I think it's a good strategy.

You also have to consider running masternodes isn't free. Operators must pay for hosting or someone to administer their nodes. Those coins are also reentering the supply and some of them will be turned into a new masternode, ran by someone else. Every part of this process further decentralizes the system over time.

Also, for someone like you, you've dedicated full time to this project, so you're either living off of your saved fiat, or selling your Dash to live. Both ways put pressure on you to sell Dash - one way, or one day or another, and thus, decreases your potential to accumulate.

Same goes for otoh, As far as I can tell, he's living off his wealth, created from Crypto. Which means, he has to play the market successfully, or not lose too much, and is living off his crypto holdings as well.

Indeed this is true, it's also scary how quickly one can become accustomed to first class limos too Shocked

LHR last night Tongue

aggghhh...that airport sucks! LOL. Well at the least the limo ride would make it bearable. We'll have to hook up a bevie when I come out to London for my next level sommelier exam in June I believe.