Post
Topic
Board Altcoin Discussion
Re: Dash numbers
by
JanpriX
on 12/03/2017, 17:19:31 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.
This level of compensation to masternodes is ludicrous, with a total of $25,000 per day going to a handful of server operators. The truth of it is that this is a scheme to further remunerate the founder of Dash, Evan Duffield, since it is thought that the majority of these masternodes are controlled by him and others close to him.

Now, I'm looking for some insight on incentives of attacks.  Is the Dash network at extremely high risk? I was looking at dash DDoS report https://www.dash.org/2017/03/08/DDoSReport.html showing 500 masternodes disabled by the attack.  10% of the network down from a DDoS originating from only 2000 IPs.  In reality, does this mean a cheap $1,000 +/- leased botnet is capable of taking down millions in hardware?

Oh, wow, that is indeed a ludicrous amount of money going to Evan on a daily basis. In spite of all the people providing relevant information to stay away from this coin as it is one of the most well-thought money making scheme for its developer, many people are still being sucked in to this "digital cash". Some are blindly going there hoping to make some cash by trading. Well, we'll just have to see in the future if it can sustain its numbers.