Darren
Active member
I have a concern about the distributed master nodes.
With bitcoin it was organized so that the miners made protocol decisions. What may have been unforeseen is that miners would pool resources and pass the protocol decisions to the pool operator. This makes what was intended to be a decentralized decision making process into a centralized hub model.
I have concern that masternode shares may introduce a similar situation that mining pools. It passes the voting power from the dash holders to the masternode operator.
Distributed masternodes may present a work around. Decision power could be retained by dash holders under this model. If 4 DASH is allowed to count for a masternode, then those 4 DASH should be able to vote (counting 0.004 of a vote). This would respect decentralized decision making and not reward technical ability disproportionate to actual DASH holdings.
I did not find technical specs of distributed Masternodes. Maybe this has already been addressed. If you can point me toward those specifications that would be nice.
With bitcoin it was organized so that the miners made protocol decisions. What may have been unforeseen is that miners would pool resources and pass the protocol decisions to the pool operator. This makes what was intended to be a decentralized decision making process into a centralized hub model.
I have concern that masternode shares may introduce a similar situation that mining pools. It passes the voting power from the dash holders to the masternode operator.
Distributed masternodes may present a work around. Decision power could be retained by dash holders under this model. If 4 DASH is allowed to count for a masternode, then those 4 DASH should be able to vote (counting 0.004 of a vote). This would respect decentralized decision making and not reward technical ability disproportionate to actual DASH holdings.
I did not find technical specs of distributed Masternodes. Maybe this has already been addressed. If you can point me toward those specifications that would be nice.