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    Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9724794 times)
    charlie137
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    December 10, 2019, 10:27:38 PM

    Proof of stake? I thought you guys are professionals) feels like a completely commercial decision pushed by long consequences of bitmain monopoly. idea of adding new flow of income is good, but PoS would give tooooo much power to some network users. there might be a way to make it mild with less impact, some passive flavor with certain conditions, etc. but dropping healthy and secured pow because of $$...

    if i would be one of users who paid thousands of dollars for x11 box - id be veeery pissed))))

    There are several options or even combination of options available to Dash, which will need to be researched, documented, discussed and then voted upon by masternode owners.
    Which will take time, a lot of time.

    * It could be a form of ChainLocks staking for users that offers better security, then the more typical PoS models out there. Dash has some advantages in that area, thanks to its multi-tiered network.
    * It could be a form of Masternode Shares. This will be a solution with more focus and more impact on the masternode network. Its something that has been requested by the Dash community for a long time.
    * It could be a form of staking through deterministic holders listing. It will need a minimum number of Dash (100 Dash has been mentioned as an example), to protect our network against overload.
    * It could be a form of ChainLocks staking & PoW as backup. Dash miners influence on the network will be reduced, but we will still need to make sure that X11 hashing power remains dominant on Dash network
       (to protect Dash from 51% attacks from other X11 networks).  

    Link : https://i.imgur.com/N9ZSTpz.jpg
    Source : https://www.youtube.com/watch?time_continue=12401&v=ie7fJMw5WIo&feature=emb_logo

    Also i'm pretty sure there will be a lengthy grace period for miners, if the decision is to phase out Dash mining completely. Also if we were to compare this to Ethereum's decision to switch to PoS,
    i'm not seeing a whole lot of pissed Ethereum miners there either, so why would there be pissed Dash miners when we are obviously still in such an early stage ?  
     
    I agree with Ryan Taylor that something needs to be done about Dash high inflation rate (7.5%). Not to benefit Dash economically in the short term, but to benefit Dash economically in the long term.
    This is just the start of a Dash community-wide discussion, about what Dash can do about its inflation rate and what Dash can do to increase its store of value. Two important topics of discussion.



    everything besides pos and tossing pow sound interesting. theres no pissed miners on eth is because nobody there burned thousands of dollars for x11 boxes. or your position is that buying a GPU is the same like buying x11 box 3 years ago, when its was $5+?)) Huh and why you even looking at etgh ahahah) i dont remember any use case besides kryptokitties and scam traffic. is there anything else besides token scams on eth now?)) eth thinks they would bring back that price by adding PoS, since it was so popular during the bloody winter (because it makes numbers looks nice, duhh). we are trying to get away from bankers and stuff, right? for me looks like nobody could give less fucks about genuine ideas and actual software. correct me if im wrong, but PoS consensus centralizing generation. you already have issues with centralization since feels like devs holding majority of masternodes. i heard about upcoming/possible change in how sporks work with MNO now, and this is very exciting if its what i think. but seeing team even considering PoS - breaks whats left of my heart ahahahahaha

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