Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
jdmcg
on 10/07/2020, 22:02:43 UTC

Now Dash is in danger of going into a death spiral for bad decisions.

FIFY.



Seems overly dramatic...

Seems to me that since Dash had a stronger increase during the last bull market than the other coins it's now experiencing a stronger correction during this bear market. It also seems to me that this bear market is about over...

Let's see how it behaves now in the coming 3 months to year. I expect a stronger recovery compared to other coins (Jan 2020 we saw a small glimpse).

Anyways, assuming my math is right, this is what the reallocation proposal changes...

Date
  Block Reward 
  Proposal share 
  Proposal reward 
  Current reward 
  7.14% reduction 
 
  Miners/Masternode 
  Miners/Masternode 
  Miners/Masternode 
Jul 10 2020
2.88
50.0%/50.0%
1.44/1.44
1.44/1.44
Sep 28 2020
2.88
48.7%/51.3%
1.40/1.48
1.44/1.44
Dec 28 2020
2.88
47.4%/52.6%
1.36/1.52
1.44/1.44
Mar 29 2021
2.88
46.7%/53.3%
1.34/1.54
1.44/1.44
May 15 2021
2.67
46.7%/53.3%
1.24/1.43
1.33/1.33
yes
Jun 28 2021
2.67
46.0%/54.0%
1.23/1.44
1.33/1.33
Sep 27 2021
2.67
45.4%/54.6%
1.21/1.46
1.33/1.33
Dec 27 2021
2.67
44.8%/55.2%
1.20/1.47
1.33/1.33
Mar 28 2022
2.67
44.3%/55.7%
1.18/1.49
1.33/1.33
Jun  2 2022
2.48
44.3%/55.7%
1.10/1.38
1.24/1.24
yes
Jun 27 2022
2.48
43.8%/56.2%
1.09/1.39
1.24/1.24
Sep 25 2022
2.48
43.3%/56.7%
1.07/1.41
1.24/1.24
Jun 20 2023
2.30
43.3%/56.7%
1.00/1.30
1.15/1.15
yes

I would think the change to miner rewards is negligible as a pool is likely to find the block anyway and split the reward accordingly. The change for masternodes keeps the reward the same for the next 3 years. Presumably with the release of Dash Platform, masternode costs will increase.

I can't see passing this proposal dooming Dash in any event. I would think it should slightly pressure miners to sell higher and keep masternodes invested.

I would think if toknormal's theory is correct, then Dash is already doomed, regardless of whether this proposal passes or not.

I don't see it though, Dash's future looks bright. It consistently brings new innovation to the space and continually increases in important metrics (transaction counts/exchanges/etc)