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Review on Dash by Wax Evo

Revainrating 4 out of 5

It’s primary purpose is being a user-friendly digital currency. It is…

It’s primary purpose is being a user-friendly digital currency. It is developing himself and still making better.



Pros
  • 1. Masternodes: it is one of the first projects introducing an idea of a set of nodes holding a certain amount of the cryptocurrency and provide one extra layer of optional functionality beyond the everyday transactions processing from proof of work miners; 2. Private and Instant Transactions: thanks to the masternode layer, DASH can add more features like a) private transactions by mixing groups of coins to prevent tracking exactly how they have occured b) allow the masternode to attempt to get fast consensus with instant transactions (but falling back to proof of work miners for conflict); 3. DGBB: by providing a system to propose improvements and get rewarded, DASH created a self-sustaining system of constant evolution and innovation. Users propose changes, then masternodes can vote on changes and based on % of 'yes' votes, the proposals can get part of the fund set aside from every transaction to pay for them to develop and involve idea. This makes platform better, attracts more users and creates more money for new features; 4. Easy Innovation: because of the DGBB, there is helpful documentation, steps for onboarding, instructional videos (tutorials) walking you through all the processes etc. it is really easy to contribute to DASH and get rewarded for contribution
Cons
  • It's impractical to mine with a normal CPU, because you can't literally compete with ASICs platforms. Marketing should be improved.

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