Review on Dash by Abraham Jeremiah
Privacy Focused cryptocurrency with a lesser worth
With many Privacy focused cryptocurrencies set up to lias with what Bitcoin had to offer, Dash, initially known as xCoin was created with privacy in mind and a faster transaction coupled with lower fees. Many users have always been in search of how to bypass Centralized controls on how their funds are being viewed and Dash helps in achieving this want of users by making transactions done on its blockchain private using a conjoin mixer that dilutes transactions of one user to three different users and makes those transactions untraceable. Although I have seen that this method of Privacy isn't really private as the masternodes that made this transactions possible can be used to trace such transactions.
Dash also supports instand send feature which makes transactions to go through a faster way to achieving confirmation in seconds rather than it's standard 2.5 minutes block time but comes with an extra fee but this can be overlooked as the cost is very minute. Dash has been one of my favorite cryptocurrencies to make use of when making a majority of my transactions. There are other Privacy coins that tends to provide more privacy for users but Dash can still be regarded as a good option
Pros
- Supports fast transaction confirmation using instant send
- Supports privacy function using its privacy feature
- Supports low transaction fees for making transactions
Cons
- It's method of making transactions private using a conjoin mixer doesn't really shows privacy
New products
Comments (1)
January 22, 2021
thanks for your writings, it is more imformative review. I reaaly agree with you. Bitcoins advantages are realy more. I am new here and it is more profitable process for me. have a nice day...
