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Review on Dash by Uta Gloeckner
Dash is more than a coin- it is an organization of people, working under aโฆ
Dash is more than a coin- it is an organization of people, working under a decentralized governance and funding system. Dash, unlike Bitcoin, has no problems with network consensus, and the Dash blockchain has never split. The trustworthiness of the Dash project is due to the network of Master Nodes
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Pros
- The Dash blockchain is relatively fast, producing a new node in around 2 minutes 20 seconds.The reward per block is 3.60 Dash (around $730). The whole blockchain is currently a very manageable 3.6 GB, compared to nearly 37GB to hold the whole Bitcoin blockchain. But the Dash blockchain is still rather small, with a very small hash rate- meaning a much smaller pool of miners. The hash rate is a measure of how many miners are working on the network.
Cons
- master nodes serve to lock in a rather large portion of the coins and thus decrease supply. Dash has a small circulating supply, and most of the coins are actively bought and sold. Compare this to Bitcoin, where despite the large dollar trading volumes, a very small amount of the coins trade on exchanges, with the rest just sitting.
