So my secound thread about DASH
I wonder how many percent of transaction are anoymous. Maybe 10%.
For 10% of users DASH takes the risk to be forbidden as security token in several countrys (look at Monero).
I know DASH has a voting system from Masternode but I wonder if in last time there was a vote about that.
So maybe it would be a good idea to make (again) a voting about that. And if DASH masternode users dont want maybe there should be a fork a certain block height like BCH.
Perhaps you ask what is left then? A payment system can send wourldwide within 3 sec.
Whats your idea about that?
Sure its possible, there have been a few direct forks of Dash i think (PIVX for example is forked from Dash). Problem with the public fork of Dash that you want is that you want to disable
the optional privacy part of Dash, when Dash already has no problems integrating merchants and users and is well represented on exchanges (one exchange in Japan excluded).
This means that it will be extremely difficult to get users from the original Dash community to follow you to your fork and you will basicly start from scratch in a cryptomarkt that is overfilled
with cryptoprojects already. I just dont see much interest for it when Dash with its optional privacy is doing so well.
Also Dash does not run the risk of getting classified as security token, i'm not sure where you got that from.
https://www.dash.org/forum/threads/dash-community-q-a-2-part-post.33612/ (See legal part)
Dash is not being marketed as an investment and there is no enterprise selling it, so there is no way it can be considered a security using the criteria in the Howey test.
Dash simply does not match all the criteria in the Howey test. There is no expectation of profit coming from the efforts of others making DASH very unlikely to be considered a security.
Even bitcoin fall in this category (not security). This statement lays out four main criteria for an asset to be defined as a security:
It must be an investment of money
The money must be held in a common enterprise
There must be an expectation of profit
The profits must come solely from the efforts of others
Hell, even Ethereum is not regnoniced as security by the SEC and they had a pretty large premine (70% ?).