Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
afbitcoins
on 02/01/2018, 22:34:09 UTC
how does dash feel about ada ... given its seems to replicate the governance model.....

I would say it is to Dash what ETH is to Bitcoin. The founder of ADA was also a cofounder of ETH. ADA is a public blockchain with smart contracts just like ETH. It's target market and functionality is thus slightly different than DASH and should be able to co-exist.

Unless you were able to patent such systems then anyone can replicate it and doing so is not really the issue. It's like back in the early 1900s when all cars used a tiller system. The tiller had obvious limitations so someone designed a steering wheel. Wheels had obviously been used on ships/ boats so It was not entirely a new concept. It was however such a fundamental that you could not really prevent other auto makers form adopting it. Certain aspects of the mechanical systems that make up the steering rack and then later advances such as power steering could be patented. This is like the computer hardware that is used to run the nodes. Chipsets, CPUs, GPUs can all be proprietary.

If you take the car industry as an analogy then in the early 1900s there were 100s of car manufacturers in the United States. Just because one had a steering wheel before the other did not mean that the company was safe form competition. It was the companies with the full package and greatest momentum that survived while others dropped out of the race.  

https://en.wikipedia.org/wiki/List_of_defunct_automobile_manufacturers_of_the_United_States


About the governance model. ADA does not yet replicate Dash, it 'intends' to replicate Dash. At the moment there is no working voting or treasury for Cardano, or even coin staking that I am aware of. Although someone correct me if Im wrong. In my opinion ADA has got ahead of itself based on hype rather than what is already implemented. Just my opinion. But Dash is streets ahead at the moment governance wise.

There are some good improvements over Eth if it can somehow attach the Dash style governance it can have a good future, especially in the smart contracts realm.