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5 Review
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Review on Dash by Andrea Fried
Dash is very clear and elaborate roadmap with significant progress made and as…
Dash is very clear and elaborate roadmap with significant progress made and as per the planned schedule. The entire progress report is very transparent in the read-only/view-only portal for project documentation that is open to the entire community. As far as I see it is a good project
Pros
- Dash has adopted a voting mechanism whereby investors can vote to make crystal clear what changes the network wants implemented, and fire a development team refusing to comply. As a result, Dash has a unified and detailed roadmap on exactly how to be able to offer cheap and instant transactions at a rate of 4,000 or more per second (compared to Bitcoin’s current seven), how to get to that point, and how to properly incentivize the nodes necessary to run the network, including developing specialized open-source hardware for exactly this purpose. Other coins have much less clear roadmaps, many betting on off-chain payment channels, which some industry experts have indicated may not even solve much.
Cons
- Also, the masternodes introduce a significant element of centralization to Dash, weakening its ability resist censorship. Finally, Dash has a large marketing budget and is structured to spend resources on marketing, not on innovation. This is not a long term recipe for success.
