With regards to toknormal being a masternode owner and yet being negative about the way the reward allocation is split. This is not twisted at all. It is a natural reaction to the economics it all. As he has explained many times in many different ways.

There was some comparison with litecoin in a previous post. So I'm going to go ahead and compare.

Does litecoin have instantsend transactions? No
Does litecoin have private mixing builtin? No
Does litecoin have protection of chainlocks against 51% mining attack? No
Does litecoin have a treasury to fund development work and marketing and give grants to 3rd parties who may benefit its network? No
Does litecoin have much in the way of active development? No (as far as I know)
Does litecoin have a platform for dapps? No
Does litecoin have an investment foundation so that the network can actually own gold and other assets? No
Is litecoin an innovator in the crypto space? No

Dash has all this. Dash should be killing it. But wait theres a little bit more.
Are both coins proof of work? Is Dash?

Does litecoin split rewards so miners get less than half the supply of new coins and more than that is airdropped to set of wealthy owners?

There lies the difference. As far as my judgement goes dash overpays its service layer. The service layer is great. But just not worth almost 50% of the entire supply to pay for it. Most masternode owners are in utter denial of this. At this time Dash is leading the way in showing that masternode coins are not a winner. As far as I know there isnt yet a masternode coin which restrains the masternode reward. All succumb to the temptation of rewarding too much free coins to the masternodes.

Toknormal is bullish dash, despite his belief that the direction is wrong with regards to rewarding the miners, he is staying with it, still invested. This is someone who likes dash and still believes in it. But wishes to influence the thinking behind the reward split. What would his vote have achieved if he had voted anyway? Perhaps influencing the community carries more weight than that vote would have done.

All those first points that Dash has in its favour they are great. Dash could be great.

Market players pump TOP-10 and such shit as DASH, which is below the top 30, is not interesting to either players or investors.
You were poked around when you were kicked out of the top ten. Then they yelled at you when you flew below twenty.
Now you are not interesting and just pathetic are worthless.
No one is interested in your technologies and achievements, the market shows and proves this to you.
Deal with inadequate project leaders who have lost all power and glory, no one wants to.
All brokers turned away from you, you disappointed and robbed investors. DASHSCAMCOIN
Even if they pump a little, people will immediately dump all assets and run away from you like from lepers, damn idiots.

LoL. I see irony isn't one of your strong points

The blockchain has a budget which is the block reward.

The de-facto use of that budget is to make coins as expensive to mine as they are to buy, thereby implementing a synthetic store-of-value.

If, instead of doing that, the protocol gifts those coins away then only one result can be expected long term.

It doesn't mean the coin still can't be useful, provide great service, utility, good for payments etc. It just will be a sh* store of value by comparison with one that optimises its budget and spends it in keeping scarcity high.

******* Solution ********

Dash gives half its "scarcity" budget away to masternodes when it doesn't have to. It's getting next-to-nothing back for this since the masternode network is extremely cheap to run compared with what it gets paid out of the blockchain. The software to run a node is free of charge. The node is automated. It doesn't require a salaried operator maintaining it for 8 hours a day. Even the collateral stays in the hands of the original owner and is no less accessible than an equivalent balance in a bitcoin cold wallet.

I am advocating for putting that reward to good use in a way that benefits directly the store-of-value performance of the chain. Then the network will actually get something for its money. That is BULLISH and OPTIMISTIC.

Not only that, as a masternode operator it's a self-preservation and self-interest perspective because I don't want my collateral to lose value and the capital loss on collateral blows any masternode reward to kingdom come with only small revaluations never mind the huge ones we've had over the last 3 years.

Contributors like yourself and bigrcanda should be ashamed of yourselves in my view because you're in no position to be throwing chaff in the faces of people who are attempting to genuinely analyse this problem in good faith. Despite that you continue to do so with your nonsense obfuscating arguments like "down from ATH" and "where's the evidence" while all the evidence anyone needs is staring you in the face as you know fine well.

You're simply trying to paint a pretty face on a monster, shrug your shoulders and blame our poor performance on being washed around by the tide. xkcdd's excuses are equally bad. Dash has had plenty fair shakes at institutional acceptance - we were one of the earliest on BTCe back in the days, one of only a handful traded on Bitfinex, had investment funds taking masternodes, got promoted worldwide by Keiser for months and accepted on Coinbase.

The three of you are pathetic in the arguments/excuses you offer forward IMO, and if we get anywhere it will be in spite of them, not because of them. Empty spin doctoring is just going to get us more of the same and I do not agree with your stance of sitting on hands, declaring blind allegiance to a non-performing strategy and waiting for wind to blow us into some gain.

IMO my approach is therefore bullish, not bearish since I see huge opportunity in our wasted budget and am advocating for it to be put to good use.

We disagree in the verb times. DASH WAS great already. It is internal governance itself that prevents this jewel of decentralization from showing its full potential. DASH is the private project of a few hundred people ... but that already exists in classic production structures without need any - cosmetic - crypto adventure (and no one thinks of putting Apple or Coca-Cola as an example of decentralization for that).The crypto industry's widespread contempt for DASH's ideological corruption and falsehood is no accident. That millions of disinterested crypto watchers are wrong and a few dozen corrupt trolls invested up to their ears are right ... ignores to the most elementary logic.

It is the spiral of progressive centralization that limits the project and the powerful and spontaneous expression of Duffield's splendid design ... and it is deliberate and from within. And in addition, an in crescendo centralization, tending to an increasing concentration. Some naive Mnodes believe that the red line is the 1000 Tokens ... but it is not so: Also that range will be attacked, unauthorized and marginalized ... and that inertia will not stop, because in a flawed structure it always benefits the strongest. The whales of DASH will not convert to Buddhism tomorrow nor will they go out in their underwear and sandals to the street to distribute candy to the poor children. The modest Mnodes in their greed believe they are solidifying their share of the pie ... but they are only digging their own grave.

Once the governance framework in the Mnodes network was defined (blocking Shared Mnodes, which could dilute power in favor of the general interest of the project with a QUALITY voting niche - they could never decide in their particular interest, but they could make it impossible difficult , to categorical partial abuses (and at that juncture, other modest Mnodes would ally themselves) - the whales will continue to accumulate Mnodes. That they continue to set aside beneficiaries of the pie is pure inertia. The custom rules allow it and they will -.

The modest Mnodes believe that decentralization is a limitation to their ends ... when it is precisely the guarantee of their survival.

If the Titanic continue to sink - and even if it doesn't, for simple convenience, because immorality to the eyes of public opinion is a cost that the DASH DAO hijackers they assumed long ago - ... fewer and fewer lifeboats will remain... because there is not for everyone. Guess who will guarantee theirs.  

If this is really a new long term up trend for Dash, then this could take many months to play out.

Chart with monthly time interval :


Source : tradingview.com

Still too soon to tell i guess.

Bitcoin is not an Altcoin. Bitcoin Cash and Dash are. As are a lot of other coins.
We are talking about the performance between Altcoins.

And unless you have another Altcoin that can show us that 100% mined coins can do even worse then masternode coins like Dash,
Bitcoin Cash will do just fine as example. Bitcoin Cash is also a direct competitor to Dash, so that makes it even more interesting for comparison.

Note : due to today's price volatility, above picture is already outdated. Currently Bitcoin Cash is doing with regards to price performance a little bit better then Dash.
We will see in a few days, if that changes or not. These are volatile days for Altcoins.

Currently 1 Dash = $91.35 ($6 increase, volatile indeed)


 

As it will go down caused by its centralised nature, any investment in Dash is so risky. And we don't hear about updates to adjust the masternode power controlled by few parts.
Not only in this thread, i read from many reputed members here that Dash isn't even a cryptocurrency and somehow it's a system established by banks to keep generating profits from the new technology.

Heres bitcoin and some other altcoins that you forgot



As you can see bitcoin is only 6.53% down from its all time high. The leading 100% proof of work coin. The leading 100% proof of work 'alt' coin is currently litecoin (not counting etherium). It is down 77.2% from its all time high. All these other notable competitors are doing much better against their own all time highs than Dash which is the leading masternode coin.

You might also note the real volume for dash does not look so good either. Also the lowest out of these competitors

So I kind of stand by what I said here ...


Having almost half the supply airdropped to a group of wealthy owners is killing dash.