Review on Dash by Manuela Gottschalk

Name: Dash
Item: Dash
Rating: 5

August 30, 2018

Dash utilizes a 2-tier network, of which, the first tier is similar to Bitcoin…

Dash utilizes a 2-tier network, of which, the first tier is similar to Bitcoin where miners create blocks. While the second tier is consisted of “Master Nodes”, which require a 1000 DASH as collateral, to perform specific governance functions such as PrivateSend and InstantSend.
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Pros

it’s a strong team that has proven to be effective at delivering innovations. Further, unlike other cryptocurrencies’ core teams, it seems wholly interested in improving Dash, not engaging in Reddit fights, censoring opponents, or trolling contributors of other projects. In a word, they are professionals. To me, that matters, because if a cryptocurrency is to succeed in the payments industry, its team has to be as professional as the most successful company. What Fortune 500 business is going to trust a tech project run by someone who spends his days trolling people on Reddit? Grow up.

Cons

the team has spent too much time and too many resources on relationships with exchanges and other businesses, rather than channeling resources toward actual usage of the currency in the real world. Such real life usage would in turn lead to exchanges and other businesses wanting to integrate Dash