I haven't been around since the beginning, but I can give a brief history of what I remember. When I joined, NS was on top. They were a goddamn Farmhouse. No one could even hope to touch them with those timers set at 09:00 UTC. I didn't really see much activity in MH until I joined Capital Acquisition though. Being the first corp I joined that actually bothered to PC I was blown away by the skill of these guys. This isn't just me talking out of my ass either. CAP actually held the most MH for a period of time, but we'll get to that later.
At the most pivotal point in time related to FF 14' (The Rouge Wedding), DNS took 98% of MH. I don't really recall exactly when, but I know that a lot of the big corps were in the same Alliance. "The One True Empire" it was called. **** started brewing when AE. left the Alliance though. Right about when Zatara and Fatal Absolution followed through on their original plan to kill DNS internally prior to being bought out.
(LARGE FU+ēKING GAP BUT)
long story short Fatal Absolution takes over 36% MH while in General Tso's Alliance...
Later on Shep Grey petitioned to Zatara for Fatal Absolution to give up land to TSO's equally; Zatara approved by reducing down to 10%. On the surface, Cap was getting into a lot of fights with O.H. I hear that at the time O.H. was on DL's payroll. It was never very serious though, and rarely were districts actually flipped. However, Shep and OH leadership, alongside TOP and KEQ, struck a chord that would send Roman's boat crashing into ruin, Fatal Absolution and OH into an un-ressolveable blood feud, leading to the remission of Fatal Absolution, and the death of Murphy's-Law and Molon Label; TSO Alliance was defeated. We took 13 districts in one day. I personally participated in 5-6 PCs that day.
After that, nothing really happened that was noteworthy for awhile. Capital lost it's leadership, and we were dormant for the longest time. I don't know if it was before or after we went silent that we managed to take most of MH, but we started giving it away to smaller corps.
(ANOTHER LARGE FU+ēKING GAP)
long story short FA awakens to war with OH...
OH almost wipes them out
Silly Rabbit breaks off FA to save FA by (becoming FAAAAaaaAAAmous
) resurrecting Negative-Feedback with Kane Spero
OH almost wipes out FA (again)
FA asks NF for help
NF allies with FA to stop OH's warmongering
OH is losing at this point... horribly
NF decides to spare OH
NF takes in OH refugees
NF implodes due to this and fractions off to become a new AE, others return to FA
AE takes in the same refugees it imploded over to wipe-out OH for good, as well as exhort [extort?] peaceful corporations.
Radar comes back and mercy kills OH
Meanwhile...Capital was in Egbringer VII, sipping on mimosas... untouched
I honestly don't know the future of Dust. To me personally, it seems like corps are rising and dying faster than ever.