The governance is not created solely for marketing issues, the governance is the essence for every coin. The cryptocoins, whatever their design may be, they remain (or they aspire to become) money. And money cannot exist without some form of politics, and politics is of course almost the same as governance. Because the politics defines what is money, and the money that lack politics they cannot be considered as real money. Thats why governance should be the first priority. Cryptocoins without some kind of governance will not be able to survive in the future.
Even if it will get done, it will have nothing to do with governance!!
...while at the same time everybody in the world (wikipedia included) defines governance as:Vcash's priest said:
No he didnt said that. He said :
I am not sure if english is not your first language or if you are trolling. You asked him "In the absence of governance, who takes the decisions here?" and he correctly replied "DG has nothing to do with decision making so you are very confused here." Meaning, without saying it, HE is the one that makes decisions.
Governance has to do with decision making. Period. Everybody knows that, native english speakers or not.
If he is the one who makes the decisions, why he does not saying it clearly? Is he ashamed?
Quit being an idiot. I never said I was leaving the community. I believe I even said the opposite.
Nobody said that the governance model of dash is perfect.
I read it again.
The Budget system of dash is imperfect. It is not a pure bounty system, as long as the masternodes are not allowed to vote with numbers (as proposed in the alternative budget system.). The one who gives the tip, should be able to define it. Dash budget system claims that the one who receives the tip should define the tip amount, and the one who gives the tip is only allowed to answer a yes or a no. And this is absurd.
The deficiencies you are mentioning could be diminished or solved, if dash decides to implement the alternative bounty enabled budget system.
The cases you mention are not considered as problems of the model of the governance of dash. These are problems of the quality of the electorate. This is always the case, the governance models are not wrong or right, the people who implement the models are. Even when there is a lack of a predefinited governance model (which is defined either as absolutism, despotism or as anarchy) it can also be considered as ok, in case the despot or the people are enlightened (which is a very rare case of course).
Actually, Vcash is able to scale. They already have a variable blocksize. And with the better management of traffic between nodes, they don't spam each node will all the network traffic. They also plan to have 0 fee transactions.
Demo, you think distributed governance is some sort of magic bullet, but it isn't. It is a good way to determine which direction to go, but that only works if the people voting have a clue of consequences and benefits. If the same people with all the voting power are the development team it doesn't make it decentralized. The user doesn't care about the governance structure of a currency. They only care if it is easier, faster, or more secure than what they use today.
Pretty sure the respending time in dash is 2.5 minutes or one block. Somebody please correct me if i'm wrong. This was discussed at btctalk a long time ago and someone tried it and at first thought it was instantly respendable, because it takes a minute or so to enter a new address and amount and password. By the time they did all that one block had been mined and the transaction went through. Seems like i tried it too but that was a long time ago and i forget.
Instantx requires 6 confirmations before you can
To clarify this: mixing creates a lot of utxo so wallet can choose them instead of using change from previous tx. You can "teach" mobile wallets to break its own funds into multiple utxos too just like desktop wallet does when it's preparing for mixing. That of course would need to be done ahead of time too.
"no need to download blockchain" >> that is a huge technical advance since the implementation of SPV wallets is not necessary anymore; just use the Core
I don't consider this scaling. Any code base can change a magic constant to infinity and they can "scale". However, that is not the whole the story. The rest of the story is how much resources are available at a specific transaction level and whether the network could be sustained in that scenario. For example, 4 billion tranasactions were done per day on bitcoin it would cause the blockbloat to increase by 1GB per day. Now, imagine 20 billion or 100 billion transactions. It would quickly outpace the ability for any but the most specialized and well-financed actors to handle for two reasons 1) the storage costs would be too much 2) no one could startup a new full node because when starting a full node you must verify all previous transactions, which could take months (or years).
But there is not any implementation of mimble wimble yet... Mimble wimble is only theory ( like the voting with numbers), isnt it?
The Vcash forum disappeared. Now Vcash main page points to the bitcoin.com forum.
Their forum disappeared. So there is not any timeline. Am I now justified to critize ?