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Review on Dash by Niklas Dreher
Dash will reduce mining imbalances seen in other Proof of Work networks and…
Dash will reduce mining imbalances seen in other Proof of Work networks and enable enhanced on-chain scaling because their system provides compensation for running the hardware needed to service the network. Masternodes will become more powerful over time, and the incentive model ensures that as Dash grows and the need for sophisticated hardware grows, providers are paid accordingly for their service.
Pros
- On the other hand transaction fees for Dash is very low, usually even free. Dash’s seven-day moving average for fees is $0.11 as on 4-June-2017, as reported by Dash News. The above chart gives the comparison of the transaction fees of the major crypto coins.
Cons
- A large amount of tokens are locked up (It is said that the amount of locked tokens is more than the transferrable total token amount). The reason behind is: In order to be a “Masternode”(a node that its owner has a vote for the project changes and can be rewarded about half of the mining reward by performing services such as InstantSend and PrivateSend), one has to have 1000 DASH deposited. This shows that a large proportion of the current market cap is not the money that is circulating and being used in the network.
