1 Level
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2 Karma
Review on Dash by Oliwier Adler
Dashcoin the masternode currency
Dash is a cryptocurrency which offers a safe and secure way to process the transactions without depending on any third-party or intermediary. This feature is offered by a number of other cryptocurrencies. Dash is a cryptocurrency which is designed on the blockchain technology of bitcoin. It has made the transaction process decentralized and secure. Like a bank, it does not rely on a centralized entity. The Dash transactions are however confirmed by more than 4000 servers which are hosted all across the world.
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Pros
- Dash has quickly developed a follower base. Dash has never disappointed them and steadily made through the challenges drawing the attention of more investors.
- The highlight of Dash coin is, however, the fast speed. The transactions can be processed instantly. And hence Dash has some advantage over other cryptocurrencies for adoption.
Cons
- Dash became popular because of several advantages over bitcoin and fiat currencies. But soon people started using it for carrying out illegal and criminal purposes as well. The Dash has been used for carrying out illegal trades because the transactions are untraceable and anonymous. It has also become easy to evade the taxes since the government would not know who is conducting the transactions.
