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Dash is just another scam. Within 8 hours over 1.5 million coins were mined with a very low difficulty due to a "bug". The governance system requires you to b
by lawn 9y ago
Dash is just another scam.
Within 8 hours over 1.5 million coins were mined with a very low difficulty due to a "bug".
The governance system requires you to bind up a sizeable amount of coins in master nodes which allows you to vote (and they also continue to earn more coins!). It's easy to centrally control the governance using the instamine. A lot of coins is spent on marketing luring in new users with promising buzzwords (privacy, instant transactions, scaling, governance...). This causes an inflated market cap as a lot of coins are locked into master nodes and are not used to trade or transacted with. It is only interesting if you find ponzi schemes interesting.
https://bitcointalk.org/index.php?topic=999886.0 https://bitcointalk.org/index.php?topic=999886.0
If you think that's bad then consider that the creator holds a master key which can force all nodes to reprocess all blocks in the last 24 hours. Yes you read that right.
https://www.reddit.com/r/CryptoCurrency/comments/7293tw/just_a_reminder_that_dashs_strategy_advisor_evan/ https://www.reddit.com/r/CryptoCurrency/comments/7293tw/just...
https://github.com/dashpay/dash/blob/master/src/spork.cpp#L76 https://github.com/dashpay/dash/blob/master/src/spork.cpp#L7...