1 Level
11 Review
9 Karma
Review on Dash by Emoney Defined
Dash instant payments (one of Dash's strongest features) are made possible by…
Dash instant payments (one of Dash's strongest features) are made possible by transaction locking on the Masternodes. Basically you have to trust that 8 out of 4000 random Masternodes are good actors. Because the choosing of those 8 are out of the senders control there is no easy way to game the system. So the trust lies in percentages in combination theory which makes the system very secure with bad masternode actors being removed immediately.
Pros
- instant payments, * decentralized governance where masternode owners can vote on proposals (dashcentral.com shows this model)
Cons
- slow transaction compared to other crypto coins
