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Accra
2 Level
28 Review
-74 Karma

Review on Dash by Wisdom BOATENG

Revainrating 4 out of 5

Dash was the first cryptocurrency with masternode

Dash cryptocurrency has gained a considerable place in the crypto community. Inspired by bitcoin, the Dash has not stopped innovating, incorporating multiple improvements into its protocol with the primary objective to become a real everyday cryptocurrency. Dash allows micro-transactions and allowed the anonymity for its users, which give this currency the privilege of being an ultra-efficient currency. Dash was originally developed in order to offer anonymity to users, but now currency becomes traceable thanks to the Chainalysis Reactor software, which makes Dash much more acceptable to governments.
In my opinion, Dash has just lost its competitive advantage against other cryptocurrencies, giving way to the Monero, reputed to be the anonymous cryptocurrency of the first class.

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Pros
  • Good market capitalization, ranked among the most successful in the industry.
  • Now traceable, Dash is, therefore, more acceptable to regulators and governments
  • A solid and sustainable development team, surrounded by a strong and committed community
Cons
  • Dash no longer guarantees the sending of confidential transactions.

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