I can understand how reducing the amount of dash created can be viewed as 'breaking the social contract'. But how do you feel about lowering the miners part of the block reward and shifting most of it towards either Masternode Shares or Deterministic Holders List? Should that also in your view be considered as 'breaking the social contract' ? Or is that different ?
Something else to consider : should we uphold a social contract, when that social contract over time gives us increased risk of (miners) centralization ?
great questions @qwizzie
..how do you feel about lowering the miners part of the block reward and shifting most of it towards either Masternode Shares or Deterministic Holders List? Should that also in your view be considered as 'breaking the social contract' ?
no, adjusting reward allocation doesn't effect the emission curve. But there could be other issues within that... for example allocating more % to the treasury can have a centralizing effect as it can reduce the market pressure on large DAOs to optimize and streamline / deliver (similar to governments growing bigger and bigger and less efficient through higher taxation). Adjusting the rewards between block production / provision (currently 50/50) could have unkonown impacts on either security or availability. Eliminating the mining market (and its capital investment / ecosystem) could have unforseen consequences and impact our security and be centralizing in my opinion (far more than pools / asics and now we have Chainlocks to counter miner centralization). But none of that breaks the social contract at least.
My main observation is that all of these changes introduce risks and my question would be why introduce these risks... for example PoS - why not wait for Ethereum to go first and see what happens . Then we can focus on our new feature (feature #5 in Dash's history after PS, IS, Governance, Chainlocks), it took a long time coming but its here and its the key feature for Evan's vision to get mainstream users onto crypto.. Platform) so why not focus on one thing at a time and do it well