yeah, i wasted my yesterday morning on it as well. I wanted somewhere to discuss, or get input from DRK people because I really don't understand 1. the hostility and 2. why peeps are all about DRK. And I didn't want to venture into their ANN thread because there's a lot of activity there and I assumed I would get lambasted with "troll" or "shill" or whatever. So I saw this thread... I hope I wasn't the one that bumped it hueristic:)
stonehedge: there was no comment on the intrinsic connection between currency valuation and privacy technology and its subsequent implications. You focused on my pool comment, which is something that we apparently agree on re: decentralization.
Imagine if DRK goes to, i dunno, something ridiculous - $10k
based on current code, thats 10 million USD.
So, this either entrenches the existing MN network and reduces entry for increased network privacy and essentially centralizes this component.
Or it causes decrease in privacy because everyone has their price (sell my MN for 10 million? sure, whoever you are and whatever you plan on doing if you can just throw 10 million $$ around)
I mean, yes, the above scenario may be extreme but these sorts of things need to be considered if we are talking about creating technology that will be used worldwide as a means of transferring value.
One potential solution, of course, is to modify the code to adjust the wallet level cutoff for masternodes, but I can imagine this would be a hardfork (fork A continues with only 1k masternodes, fork B continues with 0.5k masternodes, whatever). ANd this type of forking requires full network consensus, else you'll end up with two different networks eventually... if I understand my cryptocurrency tech correctly.
Thats a very good question.. the price now is pumping in my opinion because of the need of masternodes, and the need of 1000DKR to own a masternode, after the masternode stop beeing profitable for the small owners they will dump, and the price that time or will stablizate as the big masternode players buy back that coins to create more masternodes, or will go down...
I am almost sure that will happen at some point, and the masternode system will be soo descentralized as the bitcoin mining is right now
note: this is just my opinion, i am all ears to know what you people think