An important new governance proposal is in for the Dash Masternode network to vote on.
https://www.dashcentral.org/p/TREASURY-REALLOCATION-60-20-20In brief, the proposal aims to make the following emission changes.
Current allocation:
Miner reward: 36%
Masternode reward: 54%
Treasury: 10%
Proposed allocation, in light of the above:
Miner reward: 20%
Masternode reward: 60%
Treasury: 20%
This proposal may be seen as controversial by some, but it reflects the network's overall lesser reliance on POW for the network security and the greater role that the masternodes play in securing the coin. Voting is now open and you may view the leaderboard here
https://mnowatch.org/leaderboard/ as the votes come in, in real-time.
Watch the Incubator Weekly Show with Amanda and Sam Westrich CTO of Dash Core Group discuss the upcoming rellocation proposal! Some really great insight into this change and why it is absolutely imperative that Dash makes this optimisation if it is stay competitive in the space.
https://youtu.be/UEe9oi1njFY?t=875Really insightful quote from the show.
...and those coins that have come in [to coinmarketcap], and that are above us, ah they're not proof of work coins, they really aren't.
Very smooth. Posts were deleted so this would be top of the most recent page, pushing mine to the end of the previous page and out of site. I've been in this forum long enough to see monero trolling being delt with like this. Guess what ? you are doing this now to people who want Dash to succeed, not some monero trolls. Don't you have a real response to my post ? I showed with charts the empirical evidence that the last reward adjustment to punish proof of work was a failure. As judged by the market. Now you want to punish POW even more. Its a sad sad time. Dash Core Group should be defunded. these people are devs and making absolutely horrible economic decisions to try and save their paycheck. They have ruined this project.
I'll tell you what happens when masternode payments and treasury spending is increased. Dash bombs. Soon to be off the first page of coinmarketcap for good.