Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
Bitcoin and Monero Demonstrate the Need for Governance - Dash Force News
The cryptocurrency world is once again alight with internal drama. Not only has Bitcoin come to a scaling consensus, only to discover that it wasnt really a consensus and that a chain split might be coming, but Monero has had its share of action too, with its lead developer/spokesperson causing a stir over a stunt where he promised a major announcement only to reveal it was all a joke, causing the price to spike and then subsequently crash. Now some in a divided community are calling for him to be fired. Similarly, with 56 companies and over 80% of the mining hashpower of Bitcoin moving to a solution against the wishes of Core, it would seem there are attempts in both coins to fire their developers.
But how would such a sacking practically work? As it turns out, with most coins its not so easy.
I actually like that image. Well, a bit at least. Obviously it's a megalomaniac piece of low artistic quality.
But.
It clrealy shows the centralized nature of Dash.
Bitcoin and Monero are demonstrating the dangers of, not need for, governance.
But if you want on-chain governance, Decred is the only game in town (you don't need to own 1000s of Instamined Masternodes to participate).
https://voting.decred.org/