Darren
Active member
Regarding pegging to a specific USD amount.
Two challenges:
1) The cost (time and/or money) of such a change is signifigantly more that the proposed change.
2) The solution could introduce security vulnerabilities.
The security problem is how do you have an oracle reporting the USD price that is not hacked? I believe this is possible but is a Research and Development Problem.
In the future Dash Platform may support oracles. If oracles were live for six months, maybe the network should revisit this idea @Gabriel Salinas
Cheers!!
Two challenges:
1) The cost (time and/or money) of such a change is signifigantly more that the proposed change.
2) The solution could introduce security vulnerabilities.
The security problem is how do you have an oracle reporting the USD price that is not hacked? I believe this is possible but is a Research and Development Problem.
In the future Dash Platform may support oracles. If oracles were live for six months, maybe the network should revisit this idea @Gabriel Salinas
Cheers!!
I like this.
Maybe this is a little bit out of topic but even if the proposal fee is decreased by 4 ᕭ the problem will persist due to the volatility. Wouldn't it be better to pledge the Dash proposal fee to a fix usd amount?