Post
Topic
Board Announcements (Altcoins)
Re: ⚡[ANN]⚡ ▐░Espers [ESP]░▌▐░PoW/PoS░▌▐░HMQ1725 Algo░▌ ▐░New Features░▌
by
mineru
on 18/05/2017, 08:47:13 UTC
Best example is DASH, for DASH you need 1000 coins = 83.000 US$.

See why I keep saying that 25M ESP for a masternode is not enough?  Wink  At this point, $83.000 of ESP would be 1.9 BILLION. Per masternode. Of course this is not comparable, but you get the point. It doesn't have to be "affordable" for the average Joe.

You have to look the price Dash was when they implemented masternodes, was it 1-2$ late 2014 - early 2015 ?
If i am not mistaken it was 1000 Dash from the beginning making the cost to buy a masternode 1000-2000$.
With 25 mil per masternode and the current supply thats just a mere 800 masternodes and all the circulating supply will be locked so that number will be much lower in reality, while Dash is counting 4522 nodes.
Isn't the point to decentralize things or not ?

Also good point although the people who got a masternode in the very beginning can be counted with fingers. When DASH masternodes were starting to be "popular" and masternode count started to grow, DASH was way way more expensive.
Pherhaps a mid-way? Where is the mid-way? Too many coins needed will ruin the thing. Supercheap masternodes will ruin it too, making the operation of one unprofitable.