Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
toknormal
on 05/11/2020, 23:45:47 UTC

If you look at historic chart of DASH masternodes you can see that 4500 masternodes were established before 2017 bull run

Excellent post !

This is the kind of informed debate we need to restore Dash back to top-10 marketcap rather than roll over and die "cos MN's took a vote and that's sacred". It isn't sacred. It's a vote, that's all and it was the wrong vote.

The beauty of Dash protocol is that the utility layer is extremely cheap to support but massively competitive against other mined coins. However the store-of-value function is in the mining, not the utility. Therefore the obvious advantage that we have is that we can support almost as much mining (store-of-value) as bitcoin, but only have to sacrifice a tiny bit of it to gain a massive, disproportionate, advantage in utility.

That was always Dash's advantage - so why no avail ourselves of it and go on the attack ? Why be defensive and pretend that we need to play some silly games with supply & emission optimisation to be competitive ?

Did anyone that invested in this coin do so on that basis ? Did y'all look into emission, traffic to order books from miners vs masternodes and that type of stuff when you invested ? Of course you didn't. You just saw a "better bitcoin". Implicit in that appraisal was the idea that Dash would have bitcoin's store-of-value properties as a given but additionally great usability. But according to Spork 21 that isn't what you invested in. You invested in a coin who's major governance achievement was to optimise traffic-to-market between miners & masternodes.

For me that is unacceptable. In the words of a tennis player "you cannot be serious".

We need to re-appraise this.