Dash is a cryptocurrency that aims to be easier to use than other cryptocurrencies as "digital cash". Evolution is THE project all investors are waiting for. It will make possible to use Dash with a username easy as using PayPal or Venmo but in a decentralized way.
It's emission is disinflationary like Bitcoin's halving, but -7% per year, and a maximum of 18 million coins will be created. Dash has a decentralized budget where masternodes (staking and service) vote on what it's used for.
Masternodes will make possible this upcoming Evolution, but for the moment Dash offers:
- Instant transactions (locked - no double spend - in a second) immediately spendable
- Private send (mixing coins)
- Chainlock: Protection against 51% attack
No crypto in the crypto world is perfect, they all have their own flaws. Most of them have fatal flows, involving security, scalability or decentralization. Looking at the choices Dash has made, and continues to make, shows they chose not to include any fatal flaws just so that they can promote futuristic tech. Instead, Dash uses proven tech and has added many new innovations, innovation which has often been copied by other coins.
Dash is in fact rock solid just like Bitcoin:
- Dash instant send (2 seconds or less) (Bitcoin takes 10 minutes minimum)
- Dash is private
- Dash transactions are very cheap
- and so much more.
Right now Dash is heavily undervalued compared to its direct competitors that have far inferior tech (BTC, BCH and LTC). If it would be priced correctly by the market, it should be valued at least 10x what it is now.
If you study it (and I encourage everyone to), you will see it is definitely one of the best coin/token/projects out there (IMO). With the introduction of 'Chainlocks', it is now the most secure blockchain, even more secure than Bitcoin (ask Andreas Antonopoulus, you can find his comments on it on the interwebs). It has arguably the best governance model (show me better). And DASH is without a doubt the best token to use as Digital Cash, with its low low fees (~1/50th of a penny), instant send capability, and also instant settlement feature, which is fundamental. No other coin/token can claim that. It's like when a buddy gives you a dollar, you can immediately turn around and hand that dollar to someone else or purchase something with it immediately. DASH is the only token that is capable of that. Send some DASH to a buddy's wallet, it will show up in his wallet instantly and he can immediately send that DASH to someone else's wallet. NO waiting for confirmation. This is all possible because of DASH's Masternode node network. DASH is Digital CASH. They have nailed it and there is a brand new Dash wallet coming out in 2020 that will make private key management something grandma can handle. You can go study it now or just wait and see it when it's released. They also have one of the most active developer networks, with 100+ people spread over 40 countries. Check out their roadmap and you will see a ton of other exciting developments on the horizon, including DASH Pay, DASH DNS and DASH Platform. I'm not sure why the others rated DASH so low, but they definitely have not educated themselves on what DASH is currently doing. There is a lot of info on DASH's main site, as well as other fan built sites. There is a lot of work being posted on the Github page. And if nothing else, just go to YouTube and watch the latest videos from DashNews and others.
Thanks for giving a real write-up and not the trolling ones that follow below. I wonder how much those guys get paid per bad review. mempooled - 2019-12-19 03:12:57
Thanks. I recently went to two DASH events, one in Switzerland and the other in Phoenix, and I have to say that the community is strong and the work being done behind the scenes is awesome. Remember, DASH wasn't some ICO coin that raised millions and is bleeding millions. It's a grass roots community that is crushing it in my opinion. Am an investor and a fan boy (since the Darkcoin days), so of course I'm slightly biased, but I do invest and follow many other projects. My review here was merely just regurgitating the information I gathered from these conferences. captmartini - 2019-12-19 16:12:35
Censored community. Instamined at launch which made the founders the biggest shareholder of the master nodes. So they could potentially roll back transactions if they wanted.
A lot of red flags when you start researching Dash. Not worth your time. Be careful kids!
Take a look here (https://www.reddit.com/r/DashUncensored) before giving your money to the Dash cartel.
Wappie, I love your posts, you're like the new "Dr. Doom" with critical reviews haha. Do you have Telegram? Can you join us at our CC Telegram so we can improve this platform for power users like you? mistergrin - 2019-12-04 15:12:53
This is an uninformed opinion. This is typical of hearing a rumor and accepting it at face value without doing any research and then spreading it as fact. This topic has been address ad nauseum in the past and is easily found on the interwebs for you to read and form your own conclusion. That said, yes, Evan Duffield, the founder of Dash (Darkcoin was it's original name), was mined by him in the way Satoshi mined bitcoin before everyone else, yet we don't villainize Satoshi. Ripple was way more natoriously premined, but it's everyone's darling. So was Stellar and many others. But again, do your own research and don't listen to FUD mongers like Wappie! captmartini - 2019-12-14 17:12:48
This article goes into a deeper discussion with Evan about the fastmine which was actually a bug that he discovered in Litecoin. Yes litecoin had this bug in their code base.https://dashdot.io/alpha/index_118.html?page_id=118 mempooled - 2019-12-19 03:12:32
DASH is a giant without legs. A project with a lot of marketing power. It has no differentiating purpose than the majority of coins out there - the famous "to pay for goods and services". They finance projects that benefit their own project. But they don't improve anything else externally. An immense mass of capital that only stays in the same place. In South America, flocks of promoters go from commerce to commerce, promoting and paying even thousands of dollars to accept DASH in their businesses. I ask you to consider, an asset created with a true seed, with a strong incentive structure, would this be done? The answer is no. I have not yet seen someone offer money to accept bitcoin. In fact, in my opinion, DASH' methods are unethical. It is a cryptoasset managed by people who only want the world to talk about DASH. In the end it is only one more asset to the fire of volatility. It is not responsible to recommend merchants to use such coins. They only rely on high liquidity. I've seen markets with more years and much bigger market cap collapse in seconds. In this industry the elliptical algorithm of birth, development, and death is based on purpose. If this is not achieved, the asset is destined to die. On the other hand it is full of very capable and committed people since they have managed to make this project an icon.
Um...it's called 'boots on the ground' or 'a grass roots following'. Typically a good sign of a project people believe in. People don't generally waste their time or money on projects with no worth. The fact that there are "flocks" of people promoting Dash sounds like a good thing. I'm confused. I think this person just doesn't understand Dash's value proposition. It IS the best cyrpto for cash payments bar none. That said, history has shown over and over that the best products aren't always the winners (think VHS vs Beta), so I for one am really happy and encourage by that fact that through Dash's governance model, they have a mechanism for self promotion (ie marketing and advertising). Again, that sounds like a good thing to me. captmartini - 2019-12-14 17:12:27
Dash gets criticized for some of the shady stuff about the founding “instamine.” I used to be in that camp, but I have changed my tune. Dash is actually a well developed, thoughtfully executed project that rose out of the bitcoin scaling war. Back when people thought Satoshi’s vision was dead because of bad actors and bad governance, Dash created a hard fork with a lot of unique characteristics, including its self-funding and self-governance model.
Giving credit where it’s due, if the project was a scam, as it seemed like it might be early on, it would have happened already. In reality, Dash really has blazed a trail, and it shows in the nature of its adoption in exploited economies.
Now, I don’t think Dash is perfect. The masternode governance system has its own unique attack vectors, and it may have its own scaling issues as well as well as missed deadlines for upgrades and some bumps in the road, but Dash deserves credit.
It is a serious project with serious people working on unique ideas, and that’s a rarity in a space full of broken promises and blatant scammers.
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