Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
volyova
on 26/01/2017, 00:26:38 UTC
Quote from: Walter_S on January 25, 2017, 11:10:41 PM
Quote from: volyova on January 25, 2017, 10:45:07 PM
Quote from: stealth923 on January 25, 2017, 03:25:07 AM
The Dash core team are NETWORK APPOINTED. The masternodes VOTED to have Ryan as the Finance Director for Dash and fund him appropriately, he did not appoint himself....THE MASTERNODES DID THROUGH OUR AWESOME GOVERNANCE SYSTEM!
So since Ryan controls 400 masternodes, you ARE saying that he basically voted himself in. He did appoint himself. How awesome! I dunno how many masternodes OTOH and Evan control (at least as many, I presume), but when you have three entities working together, controlling such a huge percentage of possible votes, that isn't a governance system. No-one in this world would agree with you, that's called something else. They could pass any "proposal" they want. They could pass a proposal to "line my own pockets, pls", and there's fuck all anyone could do about it. Yeah, totally awesome governance system, mate. It must be time for your medication.. Roll Eyes

Exhibit A:

https://www.dashcentral.org/p/transform-pr

Voted out by the network... If such a cartel really existed then why did a project get the 'thumbs down' from the network despite vocal support from the core team? If your theory is correct then this proposal would have been voted through no questions asked...

Walter

P.S. How does the DASH governance system compare to other top 10 cryptos out there? ...Erm... What governance systems... Huh Kiss
The point is that the dash "governance system" is not "one man, one vote" (the system adopted by all civilised countries). It's "how much money, how many votes" and this allows/enables such cartels to exist. Your "governance system" is open to corruption. In fact, it welcomes and enables corruption, by design. This is clear for all to see. This would not be tolerated in the real world, and it won't be.

Cryptos were designed originally, precisely to keep governmental dirty paws off our money. So what does Dash do? Makes a "government" that is many orders of magnitude worse? Please could you tell me how that is (in any way) awesome?

How to take a great idea...and ruin it. World I give you....Dash.  Cheesy Cheesy Cheesy