Review on Dash by Carlos Figueroa
Cryptoactive with double consensus system
Upon the arrival of Dash in 2014, it had the name XCoin (XCO), which after a series of changes in personnel and work direction, was called Dash, which was due under the meaning of digital cash. Throughout his career, his main developer, Evan Duffield, has constantly worked to employ an algorithm that is capable of mining efficiently and at the same time provides security to the network, which meant the entry of the X11 algorithm, which, as it should be, is named Composed of 11 algorithms sequentially, in which it also points out unique payment services that are the essential characteristics of Dash, such as instant payments and privacy, where the latter is a CoinJoin-based currency mixing service.
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Dash in its turn to have a greater adoption worldwide, expands to new continents, which is the case in Latin America, which, after the last report, generated an increase by this cryptocurrency as a means of payment and also add an association Commercial with a phone company that has a built-in Dash wallet on the phone that also adds a crypto card with free Dash. After an adoption that is being pronounced every time in this continent, the country that most adopts this currency is Venezuela, according to the latest reviews on the currency in the country, a unique payment method thought and directed to this was generated, and it is that payments can be made with Dash through text message, that is, it will not require a smartphone or internet connection.
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The trajectory of this currency in the future is promising, since the adoption worldwide is generating good results for the project, which can generate a bullish impact on the currency in the future.
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Pros
- Innovative implementation of masternodes through the PoSe model.
- Structured by some of the safest and most stable algorithms on the market.
- It uses a double consensus system in the network.
- Manage two unique payment methods through masternodes.
- Equitable distribution of rewards for mining and masternodes.
- Unique in containing payment method without internet connection (Dash text).
- Backed by a strong community that follows the currency
Cons
- Dash mining equipment can be very expensive.
- I have a complicated start in terms of development and project management.
