Some other perspective.
The network currently pays miners approximately $1.6 million per month. These proposals will both reduce that payment to roughly $1.3 million per month.
It's a relatively minor reduction on an amount that is likely still over-paying for mining. We don't yet know how to...
@stan.distortion This isn't about giving us master-nodes a bigger pay day. We're talking about a range of $90-150 per MN per month, if no treasury is allocated, which is not significant.
There are two more important issues:
1) the network stake-holders need to feel more incentive to more...
What does the network get from miners for paying them an additional variable amount of leftover treasury? Not more mining. @Ryan Taylor
If we need more miner support, wouldn't it be better to just set the fixed mining block reward appropriately?
Paying miners that extra variable amount...
If the community could put together RFPs (is this what bitcoin call BIPs?) and get the network to pay for them, Dash would be unstoppable.
At the moment the entire technical direction comes from the core team and they are choosing to hire directly and keep the Evolution ideas close to their...
Way to go. I like how everything has been consolidated and simplified into one proposal.
If you're at liberty to say, I'd love to hear about how smooth or bumpy the process is to convert that much Dash into USD to pay salaries for those who want fiat. Do the exchanges and banks treat you ok?
I like the idea to invest in an active human-run due-diligence process for proposals. The question is, who has the reputation and skills to perform the due-diligence? As an add to your pre-proposal, you could actually go an do this for this round of proposals, or next round.
I feel confusion...
Hello everyone. Just getting used to the forum. Glad to be here. I'm a Javascript developer who is interested in playing around with the Dash bitcore port, and otherwise being apart of the community.
I like this post. Good job with the replies, Rion. I can tell you're thinking through some of the problems facing Dash's treasury scaling, and that you've got some principles behind your method. Your proposals all seem to be tied into the idea of encouraging more community development. I'd...