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All Cryptos > Dash (DASH)

Dash (DASH)

#4

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 organization (DAO).


Dash (DASH) Pros | 8

Rooted in economic theory, the invention of masternodes laid a solid foundation that expanded dash's current and future network capabilities far beyond anything legacy networks are capable of.

Agree | 15
Disagree | 0
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Has one of the lowest transaction fees

Agree | 14
Disagree | 0
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Treasury: the Dash network can pay for its own development without relying on donations or grants from third parties

Agree | 15
Disagree | 1
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very user friendly compared to other coins

Agree | 9
Disagree | 0
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PrivateSend: You can choose to send anonymous transactions (untraceable) by using the concept of CoinJoin, which couples transactions blurring the flow of money to third parties.

Agree | 10
Disagree | 2
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Dash (DASH) Cons | 4

The PrivateSend service has some skeptical reviews and concerns as it depends a lot on the number of active users, which many complain about the slow mixing process

Agree | 11
Disagree | 1
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Huge premine

Agree | 5
Disagree | 0
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Scalability problem: the block size is 1MB currently. This means only a small number of transactions can be processed per block.

Agree | 1
Disagree | 22
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Still uses the Proof of Work(PoW) algorithm, which is really a waste of computing energy and electricity and does not scale well

Agree | 4
Disagree | 12
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