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Review on Dash by Kai Stackhouse
Dash has a long (in the cryptocurrency market) and prolific history. Its…
Dash has a long (in the cryptocurrency market) and prolific history. Its community is large and implicated. The coin has been increasingly gaining popularity and strength since its inception in 2014. It is available on most exchanges, including Binance.
Pros
- The token can be used(or is designed) to trade goods, unlike many other currencies that can only be used within their network. The targeted users of DASH is the general public: There are some signs about it, including its name, “DASH — Digital Cash”,which is quite easy to recognize. It is also very user friendly compared to others.
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(increased blocksize and transactions per second do bog down the system)
