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Review on Dash by Brigitte Vogt
I believe in cryptocurrency competition, and it is my hope that this…
I believe in cryptocurrency competition, and it is my hope that this competition produces a valuable decentralized global currency. Based on what I have seen, I currently believe Dash to be the best suited to win that competition. Not because I think it is perfect, but because I believe its structure allows it to adapt and improve over time. Its strengths give it the ability to overcome its weaknesses.
Pros
- Like many Dash supporters, my first love was Bitcoin. I was mesmerized by the genius behind Satoshi’s creation. However, as the Bitcoin project degenerated into warring factions with no end to strife in sight, I found my eyes wandering. Other cryptos had many points in their favor, but Dash’s Masternode network actually addressed the very issues holding Bitcoin back, perhaps even solving them. Doublespending problem? Solved. Privacy concerns? Solved. Ever-increasing time to confirm a transaction? Solved. Lack of a true governance structure? Solved.
Cons
- If you do a google search on “Bitcoin,” guess what comes up first? Bitcoin.org, like it should. If you do a search on “Dash,” the first hit is “ShopDashOnline.com” which is a women’s boutique store. The second hit is a wikipedia article on the punctuation mark “dash.” The cryptocurrency has finally reached Google’s first page, so that’s something. But “Dash” is simply not distinctive enough. Amazon has a product called Dash. Dash is an API Documentation Browser. Heck, there is even a mobile payments app called Dash (that’s gonna be confusing).
