Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
In my view the recent reallocation hard fork simply did not go far enough to incentivise the masternodes. A paltry 6% pa return for a risky asset like DASH is still far too small, it should be 20% as it once was in 2016 and that ROI fueled our massive bull market. I will run this by DCG and see if we can't get to work on a realloc2 hardfork. Stay tuned. 
(snip) In a mined coin, the primary supply is supposed to be used to fund mining which keeps it scarce and expensive to extract from the chain.
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Miners do not create SCARCITY, even if you try this deceptive association of ideas with dissimulation.
I'm with toknormal on this. In my view mining does add scarcity and therefore real value too. It is not like digging a ditch and filling it again in which effort is used to do something which adds no value. It adds real scarcity which is a very necessary property of a monetary asset such as a proof of work crypto. Scarcity comes from a combination of limited supply, being desired, being hard to obtain. The last part is the most important part for dash, being hard to obtain. It IS hard, you compete for energy, hashpower, technology in proof of work coins. In dash you can also just hodl 1000 dash and run a server. This portion of the supply is not hard to obtain. It is not as scarce. It is not as valuable.
As long as there are other means to produce a DEFAULT supply increase, that statement is not correct.
If the technological leap that CORE "sells us" is true, the marginalization of miners is not an attack on the DASH economy, but on its governance. It could represent an added value compared to the competition ... it could be.
I insist: The madness is not that the miners see their rewards diminished, that is at least debatable ... but that a cut in general expenses is oriented to private benefit and not to the general benefit of the project. That's the problem.