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RE: Crypto 101: Episode Next: The DASH Difference- What makes it unique, why everyone talks about it & why it's always a top Crypto

in #blockchain8 years ago

It's nothing to do with MLM. The Masternode operators just get 10% of the mining rewards for the services they provide to the network, namely "instant send" transactions, "dark" mixing and governance through a voting mechanism. More of a Proof-of-Work / Proof-of-Stake hybrid model.

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I can own 10 master nodes and buy additional master nodes with the 10% rewards, that's like a MLM scheme, as those who cannot afford to pay for master nodes are the ones who are paying for that 10%

you don't need to own 1000 dash to get masternode rewards. there are several trusted services you can use for as little as 25 or so coins.
even if that was not the case it would still not be a mlm scheme.

in the future there will be trustless interest bearing accounts as well.

looks and feels like a MLM scheme to me, maybe not to anyone else, but to me it does

i've been in dash for almost 3 years and have heard a lot of fud but never that it is a mlm scheme, that's a new one. i did use to hear haters say btc was a pyramid scheme way back in the day but i don't hear that much any more.

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