Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
toknormal
on 09/04/2016, 12:37:46 UTC

Does it allow flexibility of the money flow and supply and is not restricted by a how many coins are in existence?
And the proof of labour is about buying shares in a proposed work 'contract' ?

There are many possible configurations of the principle, but essentially, it amounts to monetising new productivity and economic value - exactly as happens in "the real world".

The reason I cited it here is that the Dash governance system started off as simply a consensus based trigger mechanism for moving funds to a pre-determined address. No problem there.

But now the discussion has unconsciously meandered into themes of decentralised micro economies and group based commercial contracts. That is a very different and huge field - one which those guys have developed in some detail (and were about to develop in even more detail if they had got that proposal approved). I'm just saying that if we took this little discussion about blockchain governance to its logical conclusion we'd possibly end up somewhere in the ballpark of what's described in that proposal.

So we might as well shortcut straight to it given that they already spent 4 years working out the whole solution.