Review on Dash by Gabriel Medina
Dash the direct competitor of bitcoin
Dash is a direct competitor to bitcoin.
Its name is composed between Digital and Cash. It is a typical cryptocurrency used as a virtual currency.
It is designed to operate with P2P transactions in a fast, secure and transparent way on the blockchain.
It aims to become the most user-friendly and scalable system for cryptocurrency payments.
Dash was created with the intention of improving bitcoin technology.
Dash focuses on three main premises, instantaneity, privacy and security.
Dash offers several virtues and we like that they are optional, since its network offers the best of both worlds and the user is the one who makes the decision of what they need.
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Pros
- It is available on various investment platforms.
- Stable network.
- It is a cryptocurrency with a positive endorsement.
- This scheme allows miners to exist.
- Instant and anonymous transaction capabilities are Dash's strongholds.
Cons
- Very high commissions to send in some scenarios.
- Anonymous solutions a bit powerful but that hide information.
- The appearance of masternodes centralizes the network to some extent.
- Too many projects have been developed in the same field. The competition is fierce and it will take good marketing to keep the project afloat.
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Comments (1)
December 29, 2020
Great review Gabriel. Without a doubt Dash is one of the fastest cryptocurrencies on the market, most of my transactions I do with it and I hope they can stay afloat in everything that fits and even in their value. Do you think there could be a cryptocurrency that surpasses it?
