Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
birdonthewire
on 01/12/2020, 16:50:17 UTC

Incentivizing is certainly a good strategy to achieve an objective, but it's possible that we are over incentivizing the Dash MN network.

- Of course ... but being a crazy economic burden, it is not the worst distortion: The worst is the incentive in governance ... which implies the economic and any other that occurs to the elite who enjoy it and impose it on the rest . The economic return, to the extent that it was established, is only the expression of a fundamental imbalance in DASH: That in any term, 200 people send that vote on tens or hundreds of thousands who - erroneously - believe they are linked to the price of the token. And even this is not correct, since the particular incentive of a minimum part of the members of the initial ecosystem has exceeded the general incentive - in fact, attacking that general interest and therefore, the DASH price continuously.


Dash masternodes are so awesome and it's going to become so much more than what it is today.

- Those incredible DASH Mnodes were "one more profile" of a collective system of various actors that, by nullifying the expansion of governance - and returns - offered years ago with the perspective of Shared Mnodes, key to a decentralized collective movement, have been appropriate of ALL the DASH structure in the terms they literally want ... and that only express the interest of less than 1% of the actors that make up the DASH ecosystem ... which is literally the "anti-crypto" / anti-decentralization .




However, I am sure this is not the feeling for everyone. There are probably many people for whom running a MN is all about getting that return, not primarily about supporting the project. This is a consequence of constantly showing the ROI for running a MN. I don't support this, as MNs are not investment vehicles. They really aren't, but some people tried to present it as such or at least made it into a carrot luring in new people. It worked obviously, but over subsidizing the MNs has led to a very large network, but isn't actually required at all, when we look at the actual usage we have. It's like saying we built a super high way with 32 lanes, but don't mention that only 10 cars are driving on it.

It all comes down to this arbitrary setting of the block reward split.

- No, that is just one expression of the limitless arbitrary action provided by centralizing governance. And that's WHAT it all boils down to. From there, any approach is possible in DASH, no matter how crazy it sounds. The immorality of that group does the rest ... even this centralized scam.

A scam consists of causing, through sufficient deception, a displacement of assets for their own benefit or that of others ... which is exactly what the DAO hijackers reproduce every day with their commercial strategy of information intoxication. The DAO hijackers, instead of interested taboos, lies and half-truths, have very easy to legitimize their trap: Show yourself as a high-performance private project as a means of payment, making it very clear to users that the assaulted DAO takes the banknotes from the system and the user enters them. That is transparency and free market. The point is that the people who come to crypto not only want a revolution in monetary uses, but also integration, growth and participation in a decentralized project. A model that works proven. But in those terms, the choice is VERY easy, because any other project will respect, integrate and welcome them better.








I would definitely prefer to see Dash at $500 with a 5% MN return than Dash at $100 with a 60% return, but I'm not convinced that your intended block reward split would actually lead to a significant increase in price. I agree though that in your model the overal network cost (in the strict accounting sense ;-) ) would drastically go down obviously.

- Normal. This is how you would work for a currency, that is, a common interest proportional to the volume of possession, which is a perfect sample of productivity and collective synergy ... but that is not the current case of DASH, which works for the private interest of a minimum group of beneficiaries of a network.

The parasitic hierarchy that DASH generated at the time, increasingly unsustainable without decentralization and collective commitment, has repeatedly shown disregard for the token's fiat price for the benefit of its possession and private advantage. The ridiculous, obscene, price of DASH is the best proof of this. And unfortunately, the unhealthy inbreeding that that small group has already developed by now in their eternal circles and punches in the air, does not even allow her to see the elemental logic that you apply to that point. No common cause will satisfy them ... all measures lead to the reassertion of their centralized control of the project ... even if they harm it (and by extension, its most precious asset: Abundant exposure to the DASH token ... and its price. Due to technological qualities, ridiculous price ... which, however, is not expressed in those terms ... due to the absence of the necessary recognition of a public that values ​​technology ... but more cleanliness and elemental respect)





As I tried to point out in my previous reply, a booming price appreciation depends on so many factors that are non-technical, where Dash needs to improve a lot. There are several non-technical elements that would have a much higher impact on price I suspect. We need much better promotion, which can be done at no cost, simply due to higher involvement and effort from community members to increase excitement and so on. We need to show the world that we are a movement with the ideals of Satoshi in mind, but with massive improvements which benefit end users. Those non-technical factors matter a lot in the crypto wars and much smaller projects than ours are doing better in that regard. Everyone involved should be active on social media spreading the word, but the community is still recovering from a terrible bear market and the "nevorlution" crap, so sentiment is a bit low. It's a bit sad cause we are effectively really close now with Dashpay already running on testnet in preparation for the upcoming public statement. Sentiment will hopefully turn around soon. To be honest, lots of alt projects are deep down in the dumps and suffering too, it's really not just Dash. Bitcoin is kicking everyone's ass. We're perhaps just feeling it more because we used to be a Top10 coin.




- Without the slightest doubt that you need it ... but it is that you have despised, impoverished and marginalized the real community that can create it spontaneously. This free promotion thing is especially hilarious in the case of DASH. The benefits ... are for four ... but the effort is collective. That approach is as round as a donut. ; D (And the DAO hijackers sure love it.)

In DASH everything has a cost because everything has been structured like this by DASH's power layer, based on immediate, parallel and elitist economic incentives. That "movement" and that "community", which anyone in crypto understands by it, in DASH simply DOES NOT EXIST. The DASH community is 200 people voting the expression of the 1000 active Mnodes - in the current proposals -.

Surely you haven't seen Vitalik or Antonopoulos tweeting "the community" to vote for their currency to enter, for example, a minor exchange in Thailand? ... Normal, because the REAL community of both projects expresses itself automatically, spontaneously, since any variation in the price of their token affects them automatically, regardless of the number of coins owned. However, RyanTaylor and 3 or 4 other ridiculous references do it constantly - and pathetically - ... because what anyone understands by "community" in DASH neither exists nor is expressed. If you do not have a thousand tokens in DASH you are not a member of the community ... you are only "a customer". Some are THE ASSET and others are the exploiters of that asset ... and, amazing! ...Those who charge are surprised that the exploited party does not react automatically in favor of their occurrences and interests. Really, the the lack of contact with the reality of this band is pure abracadabra.  Roll Eyes

This is another taboo interested in a 200-person project that lives off the acceptance and use of those clients, NOT ON THEIR INTEGRATION. (On the contrary, any answer in that sense is MARGINALIZATION). The hyper-centralization of DASH is clearly expressed at these junctures. Look at any tweet from BTC or ETH, and even from "second, third or fourth division" chains: They generate endless threads with TENS, HUNDREDS of responses. Those of DASH, BETWEEN ZERO AND THREE OR FOUR. I repeat: BETWEEN ZERO AND THREE OR FOUR. It is literally and bleakly so. But absolutely logical and normal, of course. Theater in DASH only works within the scope of its hyper-centralized ecosystem.

And the public is dumb, ok ... but not SO OR SO MUCH TIME.