Post
Topic
Board Altcoin Discussion
Re: Dash numbers
by
crypto jerk
on 12/03/2017, 16:36:36 UTC
10% of the block reward goes directly to the Dash general treasury. This equals $10,000+ per day. Another 45% goes to large holders of Dash called masternodes who provide a mixing service representing about 2% of the total transactions on the network.

45% goes to the masternodes and another 10% to the general treasury, of which distribution is voted on by the masternodes, so totaling 55%. How is this not centralization?

The most logical explanation is these monies are being used to buy dash and is causing the pump.

But all scammy behavior aside, has dash created the perfect storm to suck in more suckers? Ie: are we going to see dash stay at these high levels as it is just too easy for dash crew to manipulate price? But then again maybe manipulation could be a good thing, if it could keep the price stable, then dash could be used as a store of value. Im not saying i trust dash. But I could see a large number of ignorant indifferent users giving their trust.

And lets face it, they might be marketing geniuses. Digital cash... Perfect name for the general population who can barely understand bitcoin, who can barely turn on a computer, and barely manage a smart phone.