Universal Dividend and Web of Trust for Dashcoin

[yidakee]

There are obviously a lot of questions pending in this thread, that have not been answered.
Like the last one for example, which you diligently refuse to answer.

Me?? Dilingently refuse to answer?
See, you're being a troll as this has never been addressed to me. First time I read about it.

From the total DGbB budget, any left over budget that is not allocated simply does not get mined. Period. Coins are not created.

Happy now?

Please stop it.

.

 

[demo]

From the total DGbB budget, any left over budget that is not allocated simply does not get mined. Period. Coins are not created.
Happy now?

Thanks for the answer, but I am not entirely happy.

What do you mean by "any left over budget that is not allocated simply does not get mined"?
I thought that the allocated 10% is something already mined. I thought that for every 100 dash mined by the miners, 10 dash are given to the budget. Am I wrong? Is it something I dont understand? How can you base a budget on something not mined yet? And even in case you base your budget in a future mining, the problem still exist. Suppose you decide a budget of 5%. And in the future miners mine 100 coins. How do you share them among miners and masternode owners (taking into account of course that the budget is predicted 5% and not 10%)

And what about the proposal fees? Those fees are certainly mined, so where are they going? I am about to give 5 dash for a proposal, and I want to know where those dash are going.

And finnaly, dont you think that your answer contradicts with this:
"If there is money left over in the budget, the system will also support proposals for moving money into a “savings” account managed by a group of people."

 

[TheDashGuy]

Holy effing hell.

 

[yidakee]

Thanks for the answer, but I am not entirely happy.

I doubt you ever will.

What do you mean by "any left over budget that is not allocated simply does not get mined"?
I thought that the allocated 10% is something already mined. I thought that for every 100 dash mined by the miners, 10 dash are given to the budget. Am I wrong?

Yes, you are wrong. One thing is budget allocation, the other is proposal payout.

Is it something I dont understand? How can you base a budget on something not mined yet?

Yes, it's something you don't understand. Therefore the second question does not make sense

And what about the proposal fees? Those fees are certainly mined, so where are they going? I am about to give 5 dash for a proposal, and I want to know where those dash are going.

The proposal fee is something the proposer pays from his own pocket. It's a small fee that exists to prevent spamming the system. That 5 Dash fee does indeed get burned, though it is usual for people to ask for a reimbursement of this fee in the proposal itself.

Please refer to this document for an in depth explanation.

https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=8585240

.

 

[demo]

I doubt you ever will.
Yes, you are wrong. One thing is budget allocation, the other is proposal payout.

Yes, it's something you don't understand. Therefore the second question does not make sense

The proposal fee is something the proposer pays from his own pocket. It's a small fee that exists to prevent spamming the system. That 5 Dash fee does indeed get burned, though it is usual for people to ask for a reimbursement of this fee in the proposal itself.

Please refer to this document for an in depth explanation.

https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=8585240

.

This is not a satisfying anwer, I think you avoid to answer me.

If the 5 Dash fee gets burned, then where is the proof of burn?

And finnaly, dont you think that your answer "any left over budget that is not allocated simply does not get mined. Period. Coins are not created." contradicts with the above (written in the official docs) : "If there is money left over in the budget, the system will also support proposals for moving money into a “savings” account managed by a group of people."

 

[yidakee]

This is not a satisfying anwer, I think you avoid to answer me.

Like I previously mentioned, I doubt you ever will. I answered directly at your every remark. How is that avoidance?

If the 5 Dash fee gets burned, then were is the proof of burn?

On the blockchain. That's why it exits. To prevent fraud.

Here is an example of the proposal fee I submitted. (but was not approved unfortunately)
https://chainz.cryptoid.info/dash/t...570802f61900b4a73b89ef6a259185b27b7836654.htm

And finnaly, dont you think that your answer contradicts with this (written in the official docs):
"If there is money left over in the budget, the system will also support proposals for moving money into a “savings” account managed by a group of people."

Not at all. No one has ever proposed a "savings account" so that never happened. "The system will support" - that doesn't mean it happens, or has happened, but we hope it will happen. IMHO it's a shame to see those funds not being used.

Quite curiously, I've been working on such a proposal that I will release soon enough.

.

 

[demo]

@yidakee thanks for your attempts to answer to my many questions.

But could you please give me a detail answer on this also:

What do you mean by "any left over budget that is not allocated simply does not get mined"?
I thought that the allocated 10% is something already mined. I thought that for every 100 dash mined by the miners, 10 dash are given to the budget. Am I wrong? Is it something I dont understand? How can you base a budget on something not mined yet? And even in case you base your budget in a future mining, the problem still exist. Suppose you decide a budget of 5%. And in the future miners mine 100 coins. How do you share them among miners and masternode owners (taking into account of course that the budget is predicted 5% and not 10%)

Finnaly I cannot see a proof of burn for the 5 dash fee. Is this red one the proof of burn?

A proof of burn means that the 5 dash are given to a dummy dash address that has a special public key from which it is prooven that it is impossible for a private key to be discovered. Which means that it is impossible for the money to be reimbursed. So which is this dummy dash address? The red one?

 

[TheDashGuy]

@yidakee thanks for your attempts to answer to my many questions.

But could you please give me a detail answer on this also:



Finnaly I cannot see a proof of burn for the 5 dash fee. Is this red one the proof of burn?

A proof of burn means that the 5 dash fee are given to a dash account that has a special public key from which it is impossible a private key to be discoverd. So which is this dummy account? The red one?

And I thought I was paranoid.... damn bro stop smoking the sativas! They are making you look over your shoulder ever 10 seconds!

Honestly though, is this crazy @demo guy onto something yet or still being an uber-professional-troll?

 

[rustycase]

i believe they are burned as any leftover budget is too

Perhaps a fitting end for a capitalist ???

rc

 

[rustycase]

The fact that people still respond to this thread is nothing short of mind boggling.

Yes, but total ignorance is fascinatingly amusing ! It's perhaps a weak point in my character. Also, I laugh at shabby jokes and must admit to watching too much MSM TV, which we all knew long ago is a farce and meant from it's inception to sway public opinion.

This particular troll does not seem to have any of the nasty habits some others do, so it's engaging, to an extent.
I am learning quite a bit from the common sense responses and rebuttals presented to the poor troll who is obviously incapable of learning.

I must admit, if some person of intelligence to write code to implement socialism on the Grand scale, where profit were to be equally allocated, and delivered to each and every inhabitant of our planet on a defined, periodic basis, I would be in line to contribute 1 usd fiat in exchange for such an altcoin.
Socialists out there may construe this as my pledge ! Voluntary pledge, that is !

YMMV
rc

 

[demo]

Honestly though, is this crazy @demo guy onto something yet or still being an uber-professional-troll?

As I promised, I put a poll about numerical voting.

You are welcome there to vote and, in the case you have a tiny interest on the subject, to discuss the implementation details of the numerical voting pre-proposal.

 

[demo]

Do you like a Universal Dividend and a Web of Trust to be incorporated in Dashcoin?

1. yes for both 1 vote(s) 2.3%
2. yes for Universal Dividend 0 vote(s) 0.0%
3. yes for Wev of Trust 1 vote(s) 2.3%
4. no 39 vote(s) 88.6%
5. other 2 vote(s) 4.5%
6. Lets vote with numbers 1 vote(s) 2.3%

and the people who voted "no" are:
TanteStefana Stealth923 elbereth aleix splawik21 Lariondos tungfa yidakee UdjinM6 calnaughtonjnr acidburn crowning Raptor73 JGCMiner raganius AjM MangledBlue oaxaca TaoOfSatoshi bertlebbert HinnomTX bandidorl studioz camosoul Jeztah balu Macrochip kot noobtrader Vedran Yoweri TroyDASH Defacto Comodore amanda_b_johnson Druid chenriquelira Otaci rustycase halso

<vote history>
Do you like a Universal Dividend and a Web of Trust to be incorporated in Dashcoin?
yes for both 1 vote(s) 2.2%
yes for Universal Dividend 0 vote(s) 0.0%
yes for Wev of Trust 1 vote(s) 2.2%
no 40 vote(s) 88.9%
other 2 vote(s) 4.4%
Lets vote with numbers 1 vote(s) 2.2%

Voters turnout: 45 out of 5455 registered forum users.

and the people who voted "no" are:
TanteStefana Stealth923 elbereth aleix splawik21 Lariondos tungfa yidakee UdjinM6 calnaughtonjnr acidburn crowning Raptor73 JGCMiner raganius AjM MangledBlue oaxaca TaoOfSatoshi bertlebbert HinnomTX bandidorl studioz camosoul Jeztah balu Macrochip kot noobtrader Solarminer Vedran Yoweri TroyDASH Defacto Comodore amanda_b_johnson Druid chenriquelira Otaci rustycase halso
</vote history>

Solarminer, is the new kid on the (40) block.

 

[qwizzie]

I would have voted if this was a poll about Dash instead of Dashcoin
It is not too late yet OP, the power of correction lays in your hands....

 

[TroyDASH]

@demo we can all see the vote totals and we can all see the list of users who voted for each option. You don't need to bump the thread to announce it every time someone votes, if you don't have anything else new to add.

 

[demo]

@demo we can all see the vote totals and we can all see the list of users who voted for each option. You don't need to bump the thread to announce it every time someone votes, if you don't have anything else new to add.

You are right. I am also tired to bump this thread, in order to keep the vote history visible.

But what can I do? Shall we forget the vote history? This is neither proper nor wise.

I wish a vote history feature to be implemented in this forum oneday.

 

[demo]

Finland gives universal basic income.

BIEN, a group that campaigns for universal income, describes it as the first "genuine universal basic income system."

 

[demo]

https://www.google.com/search?q=universal+income

Articles posted in the internet for the universal dividend the last two days

https://www.theguardian.com/business/2017/feb/03/universal-basic-income-can-help-battle-inequality
http://www.forbes.com/sites/timwors...c-survey-universal-basic-income/#651a5fb4b840
http://www.ndtv.com/opinion/the-tale-and-maths-of-universal-basic-income-1655225
http://basicincome.org/news/2017/02/basic-income-inclusive-democratic-subsidy/

The universal dividend is in the news.
Dash is not in the news due to the stupid decisions of the dash community.

<vote history>
Do you like a Universal Dividend and a Web of Trust to be incorporated in Dashcoin?
yes for both 1 vote(s) 2.2%
yes for Universal Dividend 0 vote(s) 0.0%
yes for Wev of Trust 1 vote(s) 2.2%
no 41 vote(s) 89.1%
other 2 vote(s) 4.3%
*Lets vote with numbers 1 vote(s) 2.2%
</vote history>

 

[TroyDASH]

You know @demo, maybe I don't agree that universal dividend is necessarily the right way to go about this, but I do agree with Ryan Taylor in his recent presentation at TNABC conference, that it is important for the network to have "switching incentives" in order to be a successful payment solution. Ryan did allude to possibly creating certain types of rewards, similar to the concept of credit card companies offering cash back or redeemable points.

It's not a universal income but maybe it's at least in the same galaxy as your idea.

 

[demo]

The basic income is not philanthropy or communism, as some people see it. The basic income is justice, it is a fair way to distribute money whithin a community of people and among generations.

Until now all types of money (silver, gold, dollar, euro, bitcoin or dash) were designed as time and space dependant. The old guard always holds most of the money, and people beg them and do whatever the old guard wants, in order to get that money. But this is about to change in the upcoming years.

People will soon understand that money must be initially distributed in a fair way. And only after this initial fair distribution we should let people earn more of that money (according to their labor and their capableness). People will understand that all new born citizents that belong to the same community must initially have equal chances in money (similar to what is happening to a family, where new born brothers and sisters have equal shares to the fortune of their parents).

So the basic income will become a prerequisite in whatever type of money, whether this is named dollar, or euro or bitcoin or dash. And people will politicaly refuse to accept whatever money does not have the basic income property. Whether the basic income will become a universal income or not, this depends on whether there will be peace worldwide or not.

 

[demo]

<vote history>
Do you like a Universal Dividend and a Web of Trust to be incorporated in Dashcoin?
yes for both 1 vote(s) 2%
@TheUltraaliens
yes for Universal Dividend 0 vote(s) 0.0%
yes for Wev of Trust 2 vote(s) 4.1%
@GrandMasterDash
@marketingmonk
no 43 vote(s) 87.8%
@TanteStefana
@Stealth923
@elbereth
@aleix
@splawik21
@Lariondos
@tungfa
@yidakee
@Sapereaude
@UdjinM6
@calnaughtonjnr
@acidburn
@crowning
@Raptor73
@JGCMiner
@raganius
@AjM
@MangledBlue
@oaxaca
@TaoOfSatoshi
@bertlebbert
@HinnomTX
@bandidorl
@studioz
@camosoul
@Jeztah
@balu
@Macrochip
@kot
@noobtrader
@Solarminer
@Vedran Yoweri
@TroyDASH
@Defacto
@smittycs
@Comodore
@lynx
@amanda_b_johnson
@Druid
@chenriquelira
@Otaci
@rustycase
@halso
other 2 vote(s) 4.1%
@TheDashGuy
@demo2
Lets vote with numbers 1 vote(s) 2%
@demo
</vote history>