Re: [DASH] Dash - Building the IoM | Dash Nation Progress Thread
Anything not to help the persistence of topdown systems as we move toward the information age.
Lurk mode OFF.
Dude, you keep labouring the same tired points about masternode rewards increasing centralization.
Node holders are just as likely to sell their reward coins (as miners do) or cash out of the market completely at some point. Nodes earn ~10% pa, so assuming the count doesn't increase (which it will) each node can only foster a new node every ten years. Hardly the centralization clusterfuck you're painting.
Also, the point you so tragically fail to address is that DASH - like most every other cryptocoin, is in DEVELOPMENT. You describe the outcome of DASH with no concession to how it may develop over time.
Now stop fucking posting. We get it already. You hate DASH because if boils your blood to see 1 DASH trading at 6x the value of 1 XMR.
Get the fuck over it and do something positive in your life.
Nice try Evan.
Because of the instamine, a handful of people own ~90% of all Masternodes.
When you already own hundreds of Masternodes, you are able to quickly gain more using the interest. The compounding happens much faster than if you only had one.
That is, as you so aptly put it, a "centralization clusterfuck."
And it's not just Dash's instamine-skewed distribution that's a problem. Dash's development is also a "centralization clusterfuck."
But don't take my word for it. Read vertoe's epic domination post if you think Dash governance is anything but 100% centralized.
darkcoin or however it will be called next year is not a decentralized entity.
it never was but i ignored it as long as darkcoin was following the same path i was following. the path to total financial privacy. and thats why i am so upset about how this currency is lead by a single person. darkcoin is like an old conservative company with strong hierarchical comamnd structures and a single person on the top of the pyramid. evan duffield. the rebranding using a detergent name was just a step forward in creating something like apple or paypal. fuck this i tell you. what we need is a trustless, decentralized and anonymous currency. darkcoin is not decentralized as it still relies on a single person. and this reaches deep into the code base.
the core devs were just a bunch of volunteers exploited for the big thing. the extended darkcoin team was the same with even a lower place to sit on that pyramid. and what was the darkcoin foundation again? right, something to reserve some rights on some names and collect money. who nominated and voted for the foundation board? who does even know who are these guys? how did we learn about the foundation? from local news papers! the team listings kept counting names of people nobody ever noticed before. and they never committed anything visible to the community or the repository. and i was spending 25 hours a day monitory everything that happened in the darkcoin community for more than a year. the things going on here are fishy, intransparent and rely on a single entity.
i will get out and and will contribute to something decentralized and anonymous. i always hoped darkcoin could fill that void. i cant blame anyone to stay with this project. you are probably investors trying to win a gold donkey. or you are simply trying to exploit every possible vector of profit in the coins space. whatever. you are not here because darkcoin is something it claims to be.
if you disagree with my statement above, i dont care, but answer that simple question: what if evan duffield suddenly announces he quits the project tomorrow morning?
it never was but i ignored it as long as darkcoin was following the same path i was following. the path to total financial privacy. and thats why i am so upset about how this currency is lead by a single person. darkcoin is like an old conservative company with strong hierarchical comamnd structures and a single person on the top of the pyramid. evan duffield. the rebranding using a detergent name was just a step forward in creating something like apple or paypal. fuck this i tell you. what we need is a trustless, decentralized and anonymous currency. darkcoin is not decentralized as it still relies on a single person. and this reaches deep into the code base.
the core devs were just a bunch of volunteers exploited for the big thing. the extended darkcoin team was the same with even a lower place to sit on that pyramid. and what was the darkcoin foundation again? right, something to reserve some rights on some names and collect money. who nominated and voted for the foundation board? who does even know who are these guys? how did we learn about the foundation? from local news papers! the team listings kept counting names of people nobody ever noticed before. and they never committed anything visible to the community or the repository. and i was spending 25 hours a day monitory everything that happened in the darkcoin community for more than a year. the things going on here are fishy, intransparent and rely on a single entity.
i will get out and and will contribute to something decentralized and anonymous. i always hoped darkcoin could fill that void. i cant blame anyone to stay with this project. you are probably investors trying to win a gold donkey. or you are simply trying to exploit every possible vector of profit in the coins space. whatever. you are not here because darkcoin is something it claims to be.
if you disagree with my statement above, i dont care, but answer that simple question: what if evan duffield suddenly announces he quits the project tomorrow morning?