Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
toknormal
on 16/02/2021, 05:26:15 UTC

Tok, would you agree that one thing we could do that would improve the situation slightly is to reduce the collateral requirement for running a masternode to 250 DASH

No, because all this sh* is simply skirting around the elephant in the room - that giving away the supply for nothing is a road to bottom rankings. Doesn't matter how you slice the cake, or whether the blockchain does the masternode sharing or if it's trusted. Zip to do with any of that.

The core issue is we have 2 markets and we have to compete in both. Ryan's analysis was utterly caput. Miners are not sellers, they are brokers. They only make TINY profits because they are BUYERS of Dash at the most commercially critical point - the point of productions.

Miners raise the PRICE of the next block of Dash. The price of that one block is what characterises the entire marketcap on an ongoing basis and miners serve as commercial brokers for buyers of that block so to cast them as "ditch-able baggage" and give the supply away for free instead is destructive beyond belief. Miners are only acting as brokers for commercial buyers who actually want to pay for the new supply (as opposed to masternodes who expect to receive it for free).

Things are bad. Until this is properly understood that a huge mistake was made in prioritising the reward ratio, we are going to be punished by markets in comparison to our 100%  mined  commercial peers.