RE: LeoThread 2024-12-11 17:23
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Yes basically, however CrowdNode is a service that lets you pool together funds to form masternodes. So you can earn, and vote, with as little as 0.5 Dash.
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Ok, well that's good. Yet the vote weight is based entirely upon the number of coins held, so whales, especially if whales collude, could prevent distribution to proposals which are not beneficial to those with the most coins. i don't know if they do, but i do see that on Hive!
Yes, though all they can do is distribute the treasury and make governance proposals.
Also, most don't vote (Binance has 270 nodes and doesn't vote, for example), even in CrowdNode, but all CrowdNode's nodes vote. So small holders actually have an outsized impact in voting over whales compared to how much Dash they own.