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what happens to the 5 dash when a proposal fails or passes?

Dashmaximalist

Dashmaximalist

Well-known member
can someone explain exactly what happens to the 5 dash that people post for a proposal ?

what happens when the proposal fails , what happens when it passes
 
BURN BABY BURN!!!!!!!!!!!!!!!!!!!!!!!!
KICK IT DOWN!!!!!!!!!!
DIE ALREADY!!!!
aaaaaAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHhhhhhhhhhhhhhhhhhhhhh!!!
DIE!!!!



Kinda like that..............
 
sounds like waste of dash , we need the inflation in the coins guys , why cant we add them to our treasury so that we get these 150 + dash extra
 
We don't need the inflation. Bitcoin, Dash and similar cryptocurrencies are valuable exactly because they are engineered to be deflationary.
Also, the amount of coins that are burned is negligible in relation to the amount that is created in the budget.
 
imagine we had zero inflation and are stuck at 7 million dash , our treasury will collaspse our mining would collapse every thing collapses
 
We are still far off the limit. Less then 50% of all Dash that will ever be created is created at the moment.
But same as for Bitcoin, miners and MNOs will be rewarded from the transaction fees when new coin generation stops.
I must admit, I don't know what happens to the budget. I guess that stops altogether... in 100 years or so
 
I don't think returning burned coins back into budget is a good idea but reducing 5 DASH by 7% just like the supply/available budget is probably a good one and should be pretty straightforward to implement. Later, proposal fee calculation could take tx fees into account (when supply is not the major part of the block reward anymore) but for now it's negligible.
 
UdjinM6 said:
I don't think returning burned coins back into budget is a good idea but reducing 5 DASH by 7% just like the supply/available budget is probably a good one and should be pretty straightforward to implement. Later, proposal fee calculation could take tx fees into account (when supply is not the major part of the block reward anymore) but for now it's negligible.
Click to expand...
yes please , we should drop the fees from 5 dash to say 1 dash or even 0.5 dash , we are losing so many small guys because of this ..unfortunately
 
Dashmaximalist said:
yes please , we should drop the fees from 5 dash to say 1 dash or even 0.5 dash , we are losing so many small guys because of this ..unfortunately
Click to expand...

Is there any evidence of this? It can be hard to know if people don't speak up, but I'm interested if there have even been any proposals where you think it might have had a good chance to pass but the proposal owner was not able to provide or raise the 5 dash?
 
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