Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
JGCMiner
on 23/08/2017, 22:01:52 UTC
After reading this post by Evan https://medium.com/@eduffield222/how-to-enabling-on-chain-scaling-2ffab5997f8b It appears that Dash is going to change the way that Dash handles transactions to something more along the lines of EOS with the delegated proof of stake along with the nodes taking turns processing the transactions to make "mining" fair for all participants.

This is obviously a good path forward but a very serious change to the way things operate and also becoming more "centralized" than it currently is

I didn't read anything of the sort in that piece... Evan talks about scaling the hardware a MN runs on such that the network can process very large (several 100 MB) mined blocks. There nothing in there implying that DASH is not going to be proof of work in the future. Collateralized mining is discussed as well, but not only have the details of that not been explained to the community -- it was recently removed from the roadmap (presumably pushed back to focus on Evolution).

Can you quote the section that where "delegated proof of stake" or something similar is mentioned?

This is from the medium article. This is nothing but mincing of words. Collateralized mining is Staking
Quote
The basic premise of collateralized mining is to require collateralization and a special mining key which is associated with each masternode to be able to mine a block. Each masternode is then capable only of mining a specific amount of blocks per period of time, creating a round robin mining effect across the network.

This is how EOS will operate:
Quote
Many producers are selected and given a round-robin rotation for a round of blocks, thus creating a competitive market within the round, ensuring overall reliability, and resolving forks.   source: https://steemit.com/eos/@iang/seeking-consensus-on-consensus-dpos-or-delegated-proof-of-stake-and-the-two-generals-problem
The difference being that bad acting producers can be voted out. What measures are in place to prohibit bad acting masternodes ? Would the masternodes vote themselves to remove a bad actor ?


Quote
As we mature, masternodes become bigger boxes that require a specific set of specifications, for example they’ll require a high-end cpus, high-end graphics cards, a disk array and low-latency networking. It seems to me that we should be able to do that from outside of co-locations even, building our own farms at various dash centers / offices, allowing our own decentralized co-location services. souce: https://medium.com/@eduffield222/i-looked-up-the-amount-of-nodes-we-presently-have-on-each-server-farm-with-this-url-http-178-88967e634897

This sounds more centralized than decentralized.

Not trying to create FUD  I am a dash holder, investor and part time evangalist





Repeating myself... The details of exactly how collateralized mining may work have not been released AND it is currently not on the roadmap (which by the way covers the next two years or so). If Evan wants to do another Medium post to clear things up I am all for it, but I don't see the point in guessing at a feature that is years off based on sparse public information.