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replied 2189d
That's because their money came from AXA and blockstream. Their $$ incentives weren't aligned with the coins best interests. Dash has been innovating constantly oth for the last 4years
replied 2188d
BTC has indeed been corrupted, but most coins haven't so still not sure if coin-funded development is needed. But it's an interesting concept. You know how much of a tx goes to this?
anarchovegan
replied 2188d
There's a fork that maintains the original intent: Bitcoin Cash, which this social network actually operates on.
replied 2188d
I'm already on the BCH train. :-)
replied 2188d
Well, 10% of the block reward is voted on by the MNOs. That's transalated to about $1 mil per month for at least the last year into the Dash economy. Not many coins can say that...
replied 2188d
What is the point of mining and running a masternode being distinct activities?
What do non-master nodes do?
How much of the 10% goes to core dev., and what happens to the surplus?
replied 2188d
DCG to be worthy of based on past performance. Currently every expense is line-itemed in the budget. If there is no vote surplus i.e. full 10% is never created.
replied 2188d
MNs facilitate coin mixing, instant txs and governance functions and incur running costs. As such, they are given part of the reward for their efforts. How ever much the MNOs deem