Masternodes... So 2014...
Masternodes is the new "hold the bag"
Topic: Masternodes what good are they? (Read 3423 times)
you do understand that this picture represents how our world works atm 
can you fight that ? nop!
just go with the flow, because if they crash to oblivion, crypto will be there also
can you fight that ? nop!
just go with the flow, because if they crash to oblivion, crypto will be there also
Masternodes translated to the real world is like this:
You get a bunch of workers to your place, give them some drinks and some cigarettes and they stand around all the time and to nothing except laugh at you and make jokes, piss on your lawn.
At the end of the day you reach into your pockets and pay them for having done absolutely nothing.
You get a bunch of workers to your place, give them some drinks and some cigarettes and they stand around all the time and to nothing except laugh at you and make jokes, piss on your lawn.
At the end of the day you reach into your pockets and pay them for having done absolutely nothing.
An interesting analogy.
Is there any reason any coin would want to do this apart from allowing people to get more coins without mining ?
There was talk about some kind of future 'cross chain' enhancements in another thread, I can't remember where but I think it might be something like a kind of decentralised marketplace.
Masternodes translated to the real world is like this:
You get a bunch of workers to your place, give them some drinks and some cigarettes and they stand around all the time and to nothing except laugh at you and make jokes, piss on your lawn.
At the end of the day you reach into your pockets and pay them for having done absolutely nothing.
You get a bunch of workers to your place, give them some drinks and some cigarettes and they stand around all the time and to nothing except laugh at you and make jokes, piss on your lawn.
At the end of the day you reach into your pockets and pay them for having done absolutely nothing.
...snip
I am fairly new to crypto and dont understand masternodes, what good are they?
...snip
I am fairly new to crypto and dont understand masternodes, what good are they?
...snip
A great way to keep 2.5 M coins off the market.
Instamine fraud wasn't enough... they needed a way to monetize that fat instamine
Yes, and that monetization is controlled by a single centralized Master-Masternode under the direct control of THE DARKCOIN FOUNDATION INC.
That's yet another reason DASH is an MSB (in violation of FinCEN).
...snip
I am fairly new to crypto and dont understand masternodes, what good are they?
...snip
I am fairly new to crypto and dont understand masternodes, what good are they?
...snip
A great way to keep 2.5 M coins off the market.
Instamine fraud wasn't enough... they needed a way to monetize that fat instamine
Yes, and that monetization is controlled by a single centralized Master-Masternode under the direct control of THE DARKCOIN FOUNDATION INC.
That's yet another reason DASH is an MSB (in violation of FinCEN).
...snip
I am fairly new to crypto and dont understand masternodes, what good are they?
...snip
I am fairly new to crypto and dont understand masternodes, what good are they?
...snip
A great way to keep 2.5 M coins off the market.
Instamine fraud wasn't enough... they needed a way to monetize that fat instamine
Thanks for pointing out another flaw of the system. How can i use money which is not on the market, it is a liquidy killer.
Yea we should ban cold wallets and such as they are bad for liquidy.
As a matter of fact, we should allow coins to exist only on exchanges so they are ready to be used on the market.
...snip
I am fairly new to crypto and dont understand masternodes, what good are they?
...snip
I am fairly new to crypto and dont understand masternodes, what good are they?
...snip
A great way to keep 2.5 M coins off the market.
What i found so far, it is a great way to make the insta(pre)mine worse by the minute as free new coins are added to the stash and at the same time make the coin less secure as i need to trust possible shady characters.
...snip
I am fairly new to crypto and dont understand masternodes, what good are they?
...snip
I am fairly new to crypto and dont understand masternodes, what good are they?
...snip
A great way to keep 2.5 M coins off the market.
also, most masternodes are on amazon-servers... NSA watching, check!
NSA is already on your personal computer... NSA watching, check!
what a great argument, let's just give up on crypto's and ban cash... privacy doesn't exist anymore anyway, i'll just give in to eternal serfdom, thank you for your enlightening comment!
the masternodes in dash are an obvious flaw, if you can't admit that i feel kinda sorry for you...
best regards
also, most masternodes are on amazon-servers... NSA watching, check!
NSA is already on your personal computer... NSA watching, check!
That's dumb--if it's pointless, why would you even need a supposed anonymity feature for dash then? It also doesn't take into account people who use Linux OS, no drm, use non-us based hd's, ect. You should go to the Monero threads and learn how to keep your privacy. But it does make sense now why you don't mind using masternodes.
What is pointless? If you likely can't defend against NSA does it mean it's pointless? What's then point of Monero then?
If you believe that, then it would be pointless--did you bother reading the rest? ^
also, most masternodes are on amazon-servers... NSA watching, check!
NSA is already on your personal computer... NSA watching, check!
That's dumb--if it's pointless, why would you even need a supposed anonymity feature for dash then? It also doesn't take into account people who use Linux OS, no drm, use non-us based hd's, ect. You should go to the Monero threads and learn how to keep your privacy. But it does make sense now why you don't mind using masternodes.
What is pointless? If you likely can't defend against NSA does it mean it's pointless? What's then point of Monero then?
Most Dashers have dropped out of school ... increased there holding from say 3000 coins to 3300 for free...Like every pyramid system the closer to the top you are the better...increase the instaminers holding for no additional cost
Do you have to work at writing complete incoherent nonsense or does it just come naturally ?
also, most masternodes are on amazon-servers... NSA watching, check!
NSA is already on your personal computer... NSA watching, check!
That's dumb--if it's pointless, why would you even need a supposed anonymity feature for dash then? It also doesn't take into account people who use Linux OS, no drm, use non-us based hd's, ect. You should go to the Monero threads and learn how to keep your privacy. But it does make sense now why you don't mind using masternodes.
What they fail to see is the fact that they must find noobs at the same rate or faster they increase there holdings otherwise there pyramid game collapses.
Are you talking about inflation? Quiz for you, what is the inflation % of DASH? What is the inflation % of XMR?
Do care about scammers, cheats and fraudsters.
Well, better come up with other arguments than inflation then.
What they fail to see is the fact that they must find noobs at the same rate or faster they increase there holdings otherwise there pyramid game collapses.
Are you talking about inflation? Quiz for you, what is the inflation % of DASH? What is the inflation % of XMR?
Do care about scammers, cheats and fraudsters.
What they fail to see is the fact that they must find noobs at the same rate or faster they increase there holdings otherwise there pyramid game collapses.
Are you talking about inflation? Quiz for you, what is the inflation % of DASH? What is the inflation % of XMR?
Jump to: