1 Level
5 Review
13 Karma
Review on Dash by Santhosh sandy
Dash is a linguistic blend of the words “digital” and “cash.” It’s an instant…
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.
Pros
- Dash Masternodes enable: InstantSend: As the name implies transactions get carried out instantly. PrivateSend: Once again, this is self-explanatory. Transactions can be completely anonymous, just as in the case of cash transactions. Decentralized Governance: Masternodes govern the decentralized network. Each Masternode also gets 1 vote that can be used on budget proposals or important Dash decisions. Dash Evolution: A decentralized payment processor
Cons
- Dash’s “instamine controversy” is a big red flag. Some critics say PrivateSend is nothing but a cryptocurrency mixing.
