I fully support increasing MN allocation!
As do i. To be fair though, it is not just the case of trying to improve Dash trustless full masternodes by re-allocating more of the blockrewards to masternodes (from 45% to 54%).
There is also the case of trying to flatten Dash circulating supply during the next five years and trying to get a grip on the sell pressure (which seems to mostly come from miners
immediately selling all their mined Dash, regardless of the price).
I have masternodes myself and i have stopped selling my masternode payments months ago. I wonder how many miners are in a situation that they can afford to do the same,
or even care all that much about Dash longterm.
The way i see it, if this proposal passes Dash will be more or less returning to its original masternode payment schedule, while still being able to get funding for its decentralized budget.
Original Masternode Payment Schedule in 2014 (note : there was no decentralized budget then, just rewards for masternodes and miners and it was the main reason that made me
invest longterm in Dash) :
if(nHeight > 158000) ret += blockValue / 20; //25.0% - 2014-10-23
if(nHeight > 158000+((576*30)*1)) ret += blockValue / 20; //30.0% - 2014-11-23
if(nHeight > 158000+((576*30)*2)) ret += blockValue / 20; //35.0% - 2014-12-23
if(nHeight > 158000+((576*30)*3)) ret += blockValue / 40; //37.5% - 2015-01-23
if(nHeight > 158000+((576*30)*4)) ret += blockValue / 40; //40.0% - 2015-02-23
if(nHeight > 158000+((576*30)*5)) ret += blockValue / 40; //42.5% - 2015-03-23
if(nHeight > 158000+((576*30)*6)) ret += blockValue / 40; //45.0% - 2015-04-23
if(nHeight > 158000+((576*30)*7)) ret += blockValue / 40; //47.5% - 2015-05-23
if(nHeight > 158000+((576*30)*9)) ret += blockValue / 40; //50.0% - 2015-07-23
if(nHeight > 158000+((576*30)*11)) ret += blockValue / 40; //52.5% - 2015-09-23
if(nHeight > 158000+((576*30)*13)) ret += blockValue / 40; //55.0% - 2015-11-23
if(nHeight > 158000+((576*30)*15)) ret += blockValue / 40; //57.5% - 2016-01-23
if(nHeight > 158000+((576*30)*17)) ret += blockValue / 40; //60.0% - 2016-03-23
We changed above Masternode Payment Schedule in 2015, when Evan Duffield introduced Dash decentralized budget.
So instead of reaching 60% for masternodes, and 40% for miners at some point in 2016, the schedule settled on 45% masternodes, 45% miners, 10% decentralized budget.
(current situation)
The Masternode Payment Schedule change being proposed by Dash Core Group recently (2020) will return us pretty close to that once planned 60% for masternodes / 40% miners
(namely 54% masternodes, 36% miners, 10% budget), but at a much slower rate (spread over 5 1/2 years).
I can live with that, as i believe this will improve Dash economics in the longterm.
Looking back, the original masternode payment schedule had an incredibly high rate of change, a masternode reward increase & miners reward decrease of every 1 or 2 months.
That will not be the case here, it will be spread out over a long period of time.
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