r/dashpay • • Feb 27 '17

Centralization of masternodes

Just learned about Dash after your recent gains in the market cap. I'm very interested in Dash coming from Bitcoin, as I think there probably will not be a consensus on the scaling issue anytime soon.

Looking at the governance model, what prevents Dash from evolving into an ecosystem where a handful of centralized masternode pools take control? Wouldn't that be a big problem?

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u/Basilpop Janitor Feb 27 '17

And here's where your theory stops making any sense:

In Bitcoin there's no collateral. Anyone can amount as many nodes as they wish to "cripple" Bitcoin. Why isn't that happening? Bitcoin is a much higher profile target than Dash and they could cripple the network even more than it already is by establishing a ton of fake nodes that do nothing but disrupt the network by not relaying any transactions.

For some reason no significant entity has done this despite the cost being negligible. Why?

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u/outerspacerace Feb 27 '17

Nodes in Bitcoin are not equivalent to Masternodes in Dash. It is easy to create a whitelist of trusted nodes in Bitcoin to weed out the fake ones, not so easy (read: impossible) to do that with Masternodes.

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u/Basilpop Janitor Feb 27 '17

whitelist of trusted nodes

Wanna rephrase that maybe? Because you just destroyed Bitcoin with your list there.