Mark Mason
Well-known member
Dash Budget System: Where Reputation Is Everything
The Dash Budget System (DBS) is truly revolutionary. Never before has a blockchain supported itself; nor has there ever been a time when people supported themselves via payments from a blockchain. (Of course, blockchain technology itself didn’t even exist a few years ago.) But with anything new and innovative comes the potential for weaknesses and flaws, and sometimes such weaknesses can be exploited by individuals for personal gain. From this follows calls to prevent these flaws, but sometimes suggested “improvements” are actually steps in the wrong direction.
Scamming the DBS
One of the most common criticisms of the DBS is the possibility that proposal owners can scam the system. For example, a bad actor could ask for 100 Dash to set up a marketing campaign in Europe to promote Dash. He spends perhaps 10-15 hours working up a proposal, creating charts showing ROI, and presenting some of his past work. His proposal passes, and he receives 100 Dash in the following budget payout.
Scamming the DBS
One of the most common criticisms of the DBS is the possibility that proposal owners can scam the system. For example, a bad actor could ask for 100 Dash to set up a marketing campaign in Europe to promote Dash. He spends perhaps 10-15 hours working up a proposal, creating charts showing ROI, and presenting some of his past work. His proposal passes, and he receives 100 Dash in the following budget payout.
