Dash is a token based on cryptography system called the blockchain. In practice, it is used as a private money, which is controlled by a decentralised community. On a general level Dash is similar to Bitcoin because is uses a blockchain database to coordinate the updating of values between untrusted individuals. The biggest difference between Dash and Bitcoin is their governance model. Dash is governed by masternode owner/s, while bitcoin is governed through consensus on the blockchain.
Pros
Dashpay and the governance model are a big plus for me
Cons
The initial slow transactions were a worry until a few updates came into the blocks
Dash’s greatest strength is its Masternode network. This 2nd tier network is what allows Dash to include innovations that Bitcoin can’t currently adopt, including InstantSend, PrivateSend, and the Dash Budget System.
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…
Pros
Dashpay, Instasend and Instapay are some of the key Pros of Dashcoin
Cons
The earlier issues of block confirmations were an issue but thankfully it has been solved.
Dash is different from other crypto project projects, such as Ethereum, Eos or Waves, which are a development project
It as an electronic cash connected by peer-to-peer peer network. It intends to be liquid as the real money we use in our countries like USD / GBP / EUR / INR or CNY.
Dash has been built on Bitcoin's core code by adding new features (such as confidentiality and fast events).
Like BTC, Dash is open source and has its own block, portfolios and community infrastructure. Unlike…
Pros
Dash has several features that make it really unique:
Private Send - Dash allows you to send your private repository by mixing it with several other events, making it difficult to identify any special event
Instant send- This service allows you to send your Dash event immediately (within 1.5 seconds).
Masternodes - Unlike Bitcoin, where each note is the same, Dash has special privileges called Masternodes.
Cons
Dash hasn't really lived to the much hype and expectations associated with it thus making it an expensive shitcoin so to say
Dash is unlike other cryptocurrency projects like Ethereum or Stratis which are more of a development platform.
Dash advocates itself as peer-to-peer decentralized electronic cash. It intends to be as liquid as real cash which we use in our respective countries like USD/GBP/EUR/INR or CNY.
Pros
A probable replacement to btc, if it eventually needs a replacement.
Cons
Cost of transactions and transmission times are supposed to be efficiently looked into to make this project more exceptional.
Dash has performed extremely well during 2017. If you had invested $10 at the beginning of 2017, it would have grown to around $1500 in December. That’s a growth of about 14,900% in under a year! Crazy, right?
It has been one of the favored cryptocurrencies, even by the experts. Roger Ver, who is often referred to as the “Jesus” of cryptocurrencies has even shown support for Dash.
One of the main reasons why the cryptocurrency Dash has become so popular is because it is solving two of…
Pros
Dash has gained popularity because it offers better privacy and higher transaction speeds than Bitcoin. It can achieve this with the help of a unique model which involves “Masternodes”. Not only does Dash cryptocurrency provide these benefits, it also operates on a self-governing and self-funding model. Unlike Bitcoin, Dash’s network can fund itself to make further improvements on the DASH technology.
Cons
Dash speed isn't as fast enough to become the first digital cash or currency that will replace traditional Fiat or other currently acceptable means of payment
It’s primary purpose is being a user-friendly digital currency. It is developing himself and still making better.
Pros
1. Masternodes: it is one of the first projects introducing an idea of a set of nodes holding a certain amount of the cryptocurrency and provide one extra layer of optional functionality beyond the everyday transactions processing from proof of work miners;
2. Private and Instant Transactions: thanks to the masternode layer, DASH can add more features like a) private transactions by mixing groups of coins to prevent tracking exactly how they have occured b) allow the masternode to attempt to get fast consensus with instant transactions (but falling back to proof of work miners for conflict);
3. DGBB: by providing a system to propose improvements and get rewarded, DASH created a self-sustaining system of constant evolution and innovation. Users propose changes, then masternodes can vote on changes and based on % of 'yes' votes, the proposals can get part of the fund set aside from every transaction to pay for them to develop and involve idea. This makes platform better, attracts more users and creates more money for new features;
4. Easy Innovation: because of the DGBB, there is helpful documentation, steps for onboarding, instructional videos (tutorials) walking you through all the processes etc. it is really easy to contribute to DASH and get rewarded for contribution
Cons
It's impractical to mine with a normal CPU, because you can't literally compete with ASICs platforms. Marketing should be improved.
eos is a very good project, which offers its services as a block-platform for the development of decentralized applications. The resulting technology is a block-chain that can scale to millions of transactions per second, excluding the user's card and allowing you to quickly and easily deploy decentralized applications
Cons
using the services of eos you will forget about the shortcomings of this platform
After all dash is a digital cryptocurrency and has a good security
Pros
Dash is a linguistic blend of the words “digital” and “cash.” It’s an instant-transaction, privacy-centric, digital currency based on the Bitcoin software. In its short lifespan, Dash has gone through a series of name changes. It launched as XCoin, later changed to Darkcoin, and finally settled on Dash
Cons
Everything is seems to me ok and the team has to me more effective and made a strong community bond,
On the Dash website (https://docs.dash.org/en/latest/index.html), it states that "In addition to Bitcoin’s feature set, Dash currently also offers instant transactions (InstantSend), private transactions (PrivateSend)...".
Based on this I came to the conclusion that there are two options for the Dash users, InstantSend and PrivateSend. Hence the assumption that since PrivateSend is currently a limited % of transactions, the majority is InstantSend. Great project, but I still see other similar
Its a nice project, one that will look to rival the top 3 coins on CMC.
Pros
The token can be used(or is designed) to trade goods, unlike many other currencies that can only be used within their network.
The targeted users of DASH is the general public: There are some signs about it, including its name, “DASH — Digital Cash”,which is quite easy to recognize. It is also very user friendly compared to others.
Cons
Still uses the Proof of Work(PoW) algorithm, which is really a waste of computing energy and electricity. I personally thinks that PoW is not a good algorithm fundamentally. It will bring along problems as the network grows(increased blocksize and transactions per second do bog down the system)
Dash is one of the most promising alternative coins to Bitcoin.
Pros
Dash Cryptocurrency – Private, Secure, Fast
Dash advocates itself as peer-to-peer decentralized electronic cash.
Dash is built upon Bitcoin’s core code with the addition of new features (such as privacy and quick transactions).
Like BTC, Dash is open-source and has its own blockchain, wallet infrastructure, and community. But unlike BTC, its transaction fee is negligible.
Private Send – Dash allows you to send your funds privately by mixing it in between several other transactions, thus making it hard to identify any specific transaction. It uses a coin mixing service based on CoinJoin. This is an optional privacy feature which the user may want to use. But there is a limited cap of 1000 Dash for which you can send using this feature.
Instant Send – This service allows you to send your Dash transactions instantly (within 1.5 seconds). But Masternodes (see below) charges higher fees for processing such transactions. InstantSend also solves the double-spendingproblem. Note: InstantX was rebranded to InstantSend in 2016.
Masternodes – Unlike Bitcoin, where each note is equal, Dash has special privilege nodes called Masternodes. Anyone can form Masternodes by holding 1000 Dash as collateral. These special nodes perform PrivateSend and InstantSend functions, and earn a 45% block reward.
Cons
Dash Coin Supply
Dash is designed to have a total supply of 18 million coins.
At present, the circulating supply of Dash is 7.4 million, and it will reach 18 million in the year 2300 (when none of us will be alive).
Project’s Team:
Dash was created three years ago on 18 January 2014 by its developer Evan Duffield.
Dash was originally released as XCoin (XCO). In February 2014, the name was changed to “Darkcoin”. And on 25 March 2015, Darkcoin was rebranded as “Dash”.
Exchange market:
Changelly, Bitfinex, Kraken, HitBTC, Bittrex, Coinpult, Livecoin
The coin introduced the concept of masternodes. Nodes become masternodes after meeting certain criteria in the network, that replace the centralized servers. The use of masternodes has allowed the developers to create a highly stable currency.
The key features of this cryptocurrency are summarized below:
Currency name: Dash (DASH), formerly DarkCoin (DRK)
Genesis Block: January 18, 2014
Total Supply: 19 million
Algorithm: PoW (X11)
Features: Anonymity and Speed
Pros
Digital Cash or DASH is preferred by users to make instant, private payments online. It’s a value-focused cryptocurrency and offers an improved level of anonymity to the users. The coin comes with a low exchange rate and provides quick confirmation time. It uses PrivateSend technology that is written into it at the protocol level. Multiple transactions are merged into one master transaction which is signed by each sender before being broadcasted to the network.
Cons
This makes it extremely difficult to determine which input resulted in which output. Since it’s one transaction that everyone signs, it is not possible to determine with certainty which sender sent the payment to which recipient.
Dash is already accepted as a form of payment by a number of merchants.Also backed by an active community of users that engage with the project.If it overcomes its scalability problem, it will impact on the price of Dash.
Pros
InstantSend feature allows payments to be confirmed in under a second, while PrivateSend mixes your transaction inputs with those of other users to obscure the origins of your funds and protect your privacy.
Cons
Most commonly listed in currency pairings with bitcoin (BTC) on cryptocurrency exchanges. As a result, like many other cryptocurrencies, its price is closely linked to the performance of bitcoin.
Dash has gained popularity because it offers better privacy and higher transaction speeds than Bitcoin.
it also operates on a self-governing and self-funding model. Unlike Bitcoin, Dash’s network can fund itself to make further improvements on the DASH technology.
Pros
Dash offers a service called Private Send which adds privacy to transactions.
Transactions cannot be traced back, nor is the identity of users revealed to the world
Cons
One of the problems with the Dash is that it is completely private.Unlike bitcoin, this can encourage a lot of anonymous transactions of hackers and crimes
Dash is a linguistic blend of the words “digital” and “cash.” It’s an instant-transaction, privacy-centric, digital currency based on the Bitcoin software. In its short lifespan, Dash has gone through a series of name changes. It launched as XCoin, later changed to Darkcoin, and finally settled on Dash. In terms of the general , the technologies that dash bring to the community are really positive, electronic dash money is one of the most beneficial to the community.
Pros
Dash is a cryptocurrency focused on the payments segment of the market. Its name is portmanteau of “Digital Cash”. Fast and easy to understand for beginners like myself. InstantSend is a function of the Dash protocol that allows you to verify transactions for less than two seconds at the point of sale.
Cons
Dash protocol has a limitation in respect to the amount of transactions it could allow at a period of time. 1. POW Leads to Useless computing energy and electricity. 2. The PrivateSend service has slow mixing process.
Dash (formerly known as Darkcoin and XCoin) is an open source peer-to-peer cryptocurrency, existing since 2014. On top of Bitcoin's feature set, it currently offers instant transactions (InstantSend), private transactions (PrivateSend) and operates a self-governing and self-funding model that enables the Dash network to pay individuals and businesses to perform work that adds value to the network. Dash's decentralized governance and budgeting system makes it a decentralized autonomous…
Pros
InstantSend: Verifies transactions in just one or two seconds NOT one or two minutes as stated in one of the pros.
Cons
Takes time to change between Blocks compared to other crypto
Dash is already accepted as a form of payment by a number of merchants.Also backed by an active community of users that engage with the project.If it overcomes its scalability problem, it will impact on the price of Dash.
Pros
InstantSend feature allows payments to be confirmed in under a second, while PrivateSend mixes your transaction inputs with those of other users to obscure the origins of your funds and protect your privacy.
Cons
Most commonly listed in currency pairings with bitcoin (BTC) on cryptocurrency exchanges. As a result, like many other cryptocurrencies, its price is closely linked to the performance of bitcoin.