And yet, the 100% POW competitors, some of which have had much more coin inflation than dash, (real inflation not 'circulating inflation'), have much higher value blockchains than dash without a single coin 'locked' as collatoral. There is no locked litecoin, no locked XMR. Not even going into how they have much less innovation than dash. It doesn't add up. Ryan's proposal is complicated because it has to be. To obscure the reality.
I don't think you should get so upset with Ryan's proposal. It does not change things significantly, it more or less keeps masternode rewards the same while slowly reducing miner rewards. What happens to BTC when miner rewards get cut in half? So if Dash's miner rewards get reduced (even if slightly) that will have an opposite effect for DASH than it does for BTC? If anything we probably should conclude that DASH should definitely not increase miner rewards.
Besides... the proposal hasn't been implemented yet, DASH's price movement over the last 4 years has occurred with the same DASH you bought into so not sure why you think DASH's price has anything to do with this proposal... Also DASH entered 2020 at around $44 or so... less than XMR and about the same as LTC. It's likely $40 was the bottom for DASH, and you are already seeing DASH recovering faster than its competitors. It likely will continue to do so over the next 6 months, it's just waiting, like the rest of the altcoin market, for BTC to give it permission...
To the yes voters how you explain this? These competitors don't need to fret (at the bottom of the bear market) about how much to allocate to who. But they enjoy much more valuable blockchains. They don't even bother to troll this thread anymore.
Hard for trolls to have much to say for a coin that's hovering around $70 USD... Also, wasn't trolling more a 2014-2016 thing?
I agree we don't want 100% proof of work. I agree it is a question of where to draw the line. I am with Dash. But Ryan is wanting to draw a new line in a place that makes an existing problem worse.
What is this existing problem you're so worried about?
Never once has anyone important in the dash community answered (or acknowledged in any real way) toknormal's extremely well thought out and well presented alternative viewpoint. I had to sit and
watch Amanda nodding and not challenging Ryan at all. Shame on you all. Ignoring facts, ignoring the challenge, ignoring the reality of the wider market.
Has toknormal presented his viewpoint to them somewhere?
Personally I'm not convinced by his viewpoint and I've already outlined why more than once. Seems like many are just panicking in a bear market.
What you're seeing now is mostly speculators speculating and a cycle of adoption for a new tech (all cryptocurrencies, not just DASH). Prices increase slowly, then rush to top out and the bubble bursts, prices crash and contract (many altcoins become similarly valued) and then the survivors repeat the process. So far, DASH looks like a clear survivor... it still needs to break out of the descending trend line against BTC but so does BTC need to break out of the descending trend line against USD... but it looks like both may occur very soon...