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Dash transactions can't be "reversed" as such, so I assume you mean this method involves undoing then with a compensating transaction. I imagine it must work like this: For example, say 5 backers will fund 20 DASH each to make a total of 100 DASH for a proposal. They each send to a P2SH address...

This sounds like a more secure solution, although it would be more complex. (Backers would need to sign a message from their address to prove ownership, like proving masternode collateral.) What I can't picture is how this would work after that. I think you mean that each backer would have to...

I don't understand the comparison. Wikipedia is a publishing system, and each writer contributes the own little bit to the total content. It's an additive system. Dash governance is a decision making system. Anyone can add proposals, like anyone can add content to Wikipedia, but the voting...

Very true! And there's an excellent book about what happens if you try.

There is a good reason to do it this way. The amount of time masternode operators have to read, analyse and vote on proposals is limited, and they don't have access to all the contextual information about how development is working day to day. Masternode operators simply aren't able to collect...

Doubling the team size at once is incredibly rapid growth. My gut feeling is that if they were brought in all at once, the even if the recruitment company takes all of the admin work off the core team, that the new team members will still be a huge drain on the existing developers. They won't...

It's not really possible to have a shortage of money (not cryptocurrency anyway) as long as that money is suitably divisible. Even if there is only 1 dash in circulation, it can still be used to transact, as long as the system supports enough decimal places to chop it up. The same is true of...

I agree that I don't think this needs a vote. It seems to be working quite well that the masternodes elect a core team, and then the core team makes technical decisions. I always saw the block size limit vote as more of a publicity stunt to show off Dash's governance – the core team would almost...

SegWit isn't the only way to improve the Dash blockchain, Flexible Transactions is another. While there is no immediate risk that Dash will hit a capacity limit (it currently has 4x the capacity of Bitcoin, and could easily absorb all current Bitcoin traffic), there is time to explore many...

To the best of my knowledge, thats not how Gresham's Law works. I believe Gresham's Law works like this: if 1oz of gold is worth 10oz of silver on the free market, but the government passes a law that 1oz gold = 20oz of silver, gold becomes twice as valuable according to the decreed exchange...

How would it work if BTC holders could acquire DASH through proof-of-burn? And would it be more desirable than letting people simply sell their BTC for DASH?

Actually, yes. After your rant about the imaginary marketplace and your vitriol towards @tungfa for his "deception", I genuinely can't make any sense out of what you are saying. I apologise, perhaps I am just not paying close enough attention to the conversation here to understand everyone's...

That's not how software version numbers work. The number after the point isn't a decimal fraction, it's an integer. Dash could go to version 0.101.0 if it wanted. 0.x.y indicates that the API is not considered stable. The Semantic Versioning site explains this in more detail.

My dictionary gives one definition of "master" as an adjective: main; principal: the master bedroom It seems valid to consider a masternode as a main or primary node, and this doesn't imply any master-slave relationship. There may be a better name for masternodes, but I don't think the current...

Is this possible if 100% of miners are on 12.1? It seems a bit backwards if large merchants can veto or delay protocol changes by not upgrading. Surely it's the responsibility of merchants to update to the latest version as agreed by masternodes and used by miners? Sent from my iPhone using...

Ah that is the old joke that "if you make something idiot-proof, someone will build a better idiot". I think the reality is that making something user-friendly encourages more people to try using it, and then even if a smaller percentage of people have problems, you can end up with more support...

This sort of problem makes me wonder, could Dash Core 12.1 not have handled the migration of the data folder (and delete the caches etc) automatically? Maybe it's not a huge problem now, but if Dash had Bitcoin's userbase, there could be millions of people with mysteriously "disappearing"...

Here is an idea that has crossed my mind once before, that I think may help solve this problem: collateralised proposals. The weakness of the current treasury system is that payments are made entirely based on good faith. Masternode operators must vote entirely based on whether they think the...

Do you think all proposals involving external companies should be put out to tender? There are upsides and downsides to any means of hiring external companies. Direct engagement may be opaque, but tendering is slow and can still be gamed to predetermine or bias the outcome. It is still possible...

At first glance, it sounds like the trade status would be better managed as an Evolution service – it doesn't need to be permanently recorded on the blockchain as it isn't needed to derive spendable balances. A useful first step might be to speak to the Bitsquare developers and see how...