Tag Archives: Dash

Dash Summary

WHAT IS DASH

Dash is an Open sourced peer-to-peer Cryptocurrency similar to bitcoin but operating on a two tier platform split between miners and network nodes.

STRENGTHS

  • Instant send transactions (instantsend)
  • Private transactions(privatesend)
  • Low transaction fees compared to bitcoin
  • Strong governance model utilizing Decentralized governance by blockchain or DGBB

WEAKNESSES

  • Relatively low merchant adoption to date
  • Max supply of 19 millioncoins however approx. 4 million are locked in masternodes. This could lead to mass dumping of coins.
  • 1.9 million coins were created in a controversial "premine" event


OPPORTUNITIES

Dash could potentially be a leader as a transactional coin and also privacy coin. It remains flexible to adapt to future uses of blockchain.

THREATS

Dash faces strict competition from transaction coins like Litecoin and Bitcoin Cash.

5 YEAR OUTLOOK

Dash solves a lot of the problems that Bitcoin is currently facing but it will need to find a way to stand out from the crowded transaction/privacy space.

If it can then Dash could be a top 5 coin.

  • www.Binance.com 
  •   Over 80+ Currency pairs. No verification to trade crypto to crypto.
  • Fees: As low as 0.1% trading fee
  • Supported countries: Worldwide
  • Deposit methods: BTC, ETH, LTC, NEO & BNB
  • www.coinspot.com.au
  •   60+ Altcoins available.  User friendly.
  • Fees: 1-3%
  • Deposit currencies: AUD*, BTC, LTC, DOGE
  • Payment methods: BPAY, POLi, cash, cryptocurrency


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