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Review on Dash by Filip Radevic

Revainrating 5 out of 5

Dash is a linguistic blend of the words “digital” and “cash.” It’s an instant…

Dash is a linguistic blend of the words “digital” and “cash.” It’s an instant-transaction, privacy-centric, digital currency based on the Bitcoin software. In its short lifespan, Dash has gone through a series of name changes. It launched as XCoin, later changed to Darkcoin, and finally settled on Dash.



Pros
  • The DASH network allows very fast transactions thanks to the possibilities that your master node gives you. Equally his commission is quite low.
Cons
  • Still uses the Proof of Work(PoW) algorithm, which is really a waste of computing energy and electricity. I personally thinks that PoW is not a good algorithm fundamentally. It will bring along problems as the network grows The PrivateSend service has some skeptical reviews and concerns. The coin mixing strategy of PrivateSend depends a lot on the number of active users, and many of the users complain about the slow mixing process

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