1 Level
12 Review
6 Karma
Review on Dash by Anika Chowdhury
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. 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.
