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Evan Duffield at D10E Conference San Francisco

Was this video taken on a first gen Nokia or something - can't even see the slides.

Hopefully someone took better quality video. I would suggest we ensure that for all future conferences we capture and distribute professional quality video, this is as much of a marketing exercise through youtube/forums as it is being onsite at the conference.
 
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Yep, that video comes from the live stream, which definitely lacks in quality:

Tho its kinda cool you can pan the room on the live stream by clicking the control in top-left corner.
 
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some images
tx node40
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Interesting. Evan is a wine drinker and not a beer drinker. And Sean Ryan doesnt drink at all. Any video of the presentation?
 
@kot can you please explain in more detail how these "interest bearing accounts" are going to work and why masternode payments will be deprecated all the way to 0? Do you have a schedule on this in terms of years? How will the masternode network be maintained if payment go to 0? What is the reasoning behind this?

Thank you,
Pablo.
 
I believe Evan would be the best person to respond.
@eduffield - would you be so kind and give more complex explanation?
 
@kot can you please explain in more detail how these "interest bearing accounts" are going to work and why masternode payments will be deprecated all the way to 0? Do you have a schedule on this in terms of years? How will the masternode network be maintained if payment go to 0? What is the reasoning behind this?

Thank you,
Pablo.

1. Eventually the payout of the blocks go to zero, as we all know, and I think that's what Evan was saying?? At that point, we should have A: enough people using Dash thus more fees would be collected and B: a high enough value to make the small fee payouts worth a lot. It can never really go to zero, just almost zero. At some point though, fees will over shadow the rewards.

2. For interest rates, I suspect that Evan is talking about masternode services. You would pool your Dash with others, and reap a small % of the reward. These pooled accounts could represent a centralization issue if these big pooling companies garner a major % of masternodes and exercise their right to vote off of them. But anyway, this is basically already the service that, I belive, SpectroCoin wallet plans on implementing.
 
Once the rewards are zero or almost zero, what's the incentive to run a masternode or a masternode share service?
Where does the funding come from to pay Dash staff or fund proposals?
Like Pablo, how long do we have before the end!
 
I suppose any 'Law of diminishing returns' will lead to a Hit & Run mentality...
Perhaps someone could explain benefit of this, and increasing fees ?

The only concept I can come up with, for a return to the network, would be to contract out the surplus hashpower and lease it to number crunching concerns for a fee...
If a mining pool can resolve one problem it can certainly solve some other, if it's presented suitably.

Cloud services are effective for storage... Why not cpu's and GPU's ?

Best
rc
 
I'm not sure why "zero" and I agree with @TanteStefana - it's never going to be 0 unless 1) there are no transactions at all which would mean that Dash is dead or 2) all transactions are "mixing" only and no collaterals are charged which is weird. And to clear that up a bit - fees collected in block reward are shared the same way as base reward 50/50 (miner/masternode). Also "almost 0" is not going to happen anytime soon - block reward schedule http://dash.org.ru/pages/emission.php
 
As long the price increases faster than 7% a year (the rate at which block rewards decrease), we are all good.
 
1. Eventually the payout of the blocks go to zero, as we all know, and I think that's what Evan was saying?? At that point, we should have A: enough people using Dash thus more fees would be collected and B: a high enough value to make the small fee payouts worth a lot. It can never really go to zero, just almost zero. At some point though, fees will over shadow the rewards.

2. For interest rates, I suspect that Evan is talking about masternode services. You would pool your Dash with others, and reap a small % of the reward. These pooled accounts could represent a centralization issue if these big pooling companies garner a major % of masternodes and exercise their right to vote off of them. But anyway, this is basically already the service that, I belive, SpectroCoin wallet plans on implementing.

This makes a lot of sense. Still, I would like to hear from @eduffield since this was not made explicit in the presentation and we are talking about a key property of Dash.

Pablo
 
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