Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency

Quote from: xkcdd on April 12, 2022, 06:54:36 AM

The Firo project is looking to follow in Dash's footsteps and improve their tokenomics by spending less on mining and more on value add.

https://forum.firo.org/t/tokenomics-and-funding-division-of-block-reward-discussion-and-community-matching-fund/2061

https://forum.firo.org/t/poll-on-firo-block-reward-division/2150

If they can get this through, the impact on price is potentially bullish as the network's electricity costs would be dramatically decreased and become more environmentally friendly too. Firo is able to afford this change because similar to Dash they employ ChainLocks which reduces the reliance on Miners for their network security.

I'm getting deja vu with this. ok what have we got ? Firo project. Improve tokenomics by spending less on mining. FFS
I'll tell you how it ends. You don't make any waves, you plumment down the rankings. You start irrelevant and thats how it is/

remember Meraki ? (it took me ages to find it)
https://bitcointalk.org/index.php?topic=421615.msg53517798#msg53517798

Quote from: Meraki.cash on January 04, 2020, 12:44:33 PM

Hello Dash Community,

Thank you so much for the technology called "Chainlocks" in our understanding we don't need to give to miners almost half of the block reward (45%) to secure the network. It enables us to incentivize other parties of the network.

We are testing your new technology "CHAINLOCKS" in order to try a different distribution of the block reward. which consists in:

10% MINERS
60% MASTERNODES
20% SYSTEM PROPOSALS
10% CHARITY PROPOSALS

We really appreciate the hard work of Dash Core-Team and we will let you know. How "chainlocks" works in practice within a small project..

Best regards,
Meraki Core-Team

Sounds similar no? where did that end up? It doesn't even have a ranking, https://coinmarketcap.com/currencies/meraki/

I'm sorry to be unenthusiastic but we need a masternode coin that goes the other way. with mining something like 80% as ballpark. A precious dash. A scarce dash. Not more cheaply airdropped worthless shit.