That's a fine explanation of the winnowing consequences of an iterated zero-sum game, such as Masternode-voting-based Budget Blocks.

We're already seeing the Dash community fighting over the budget like jackals over a dead pig.

The result is an endless Dash Civil War, with (at least) two sides being relegated to Winner and Loser status in each voting cycle.  As you note, the Losers slither away to some other coin leaving a smaller number of combatants for the next budget battle.

That negative feedback loop is exactly why I'm highly skeptical of all formal crypto-democracy governance systems.  IMO only informal, dynamic structures may adequately support the invisible hand of the market (for technical reasons relating to information/incentive degradation via reification).

Decred has the best approach to solving these problems, such as requiring tickets to stake but also supporting stake pools.

Dash should have had protocol-level stake pooling long ago, so users with less than 1000 DRK don't have to depend on commercial 3rd party Masternode sharing services.

We seem to be on a similar wavelength, although the devil is in the details as always. For example, I don't endorse compromise if it takes the form "I'll wear a funny hat because you want me to if you wear goofy shoes because I want you to." Such compromises tend to result in growing brooding resentments and such compromises are a hallmark of contemporary society - "you can't fight city hall", "hell is other people", "shoganai" and so forth.

I am a fan of compromises of the form "I won't interfere with your life if you don't interfere with mine." The urge to meddle with other people is extremely strong in our species for some reason. I suppose it had evolutionary survival value - collective herd wisdom - I don't mean that disparagingly - it must have worked more often than not, but I try not to do it (he preached).            

So far DASH lines up well with my own fantasies of what money should be - especially its non-coercive aspects. It is what it is, a huge improvement over fiat at the very least. It will become what it will become. Heckuva ride, regardless.

He is partly right since the funds are locked-up for the next 10 days if I recall correctly, thereby reducing potential selling pressure during these 10 days.

Who knows, if Coinbase and/or OKcoin will really add ETH the rise is probably sustainable.

Volume on BTC-e seems to be picking up, they are #2 in volume today. That is really good news in my opinion as we were in need of other good exchanges besides Polo with good liquidity. Hopefully the trend continues and volume there keeps rising.

http://coinmarketcap.com/currencies/dash/#markets

That's very good news.


I am not gona feed trolls. Just the monero guys are going to dash forums but it does not work the other way. There is definitely some black fund being used to pay for this multi-level type of marketing.

Look at the monetary base and incentivization. That thing look like some kind of invisible pyramide. That's the final inovation of monero.

It's official, ETH being added to coinbase and they are rebranding as GDAX, which stands for Global Digital Asset Exchange.  How do we get them to add DASH?

http://www.coindesk.com/coinbase-exchange-rebrand-ethereum-trading/

edit: To be clear, it's just the exchange that is rebranding. Coinbase.com remains Coinbase.

Anyone have an idea of why dash has jumped up these past couple weeks?

Sorry I'm new. What does that mean?

Pre-Proposal Discussion: d10e Conference Sponsorship

https://www.dash.org/forum/threads/pre-proposal-discussion-d10e-conference-sponsorship.8984/

Please weigh in with your feedback and ideas. Looking forward to hearing the community's thoughts.