Dash opinions

Dash
5 of 5

2 opinions

Summary:

So far,2 of opinions have been recorded for Dash. These opinions are not investment recommendations but the community's perspective on Dash. Please do not make a purchase decision based on these Dash opinions.

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Dash opinion #2

Positive opinion by Robert on 30.11.2020 5 of 5

I love Dash. I own many Dash, because of writing reviews here and of course, i bought them pretty cheap. If you live in a poor country, or in a country with a terrible weak currency, the chances are high that you are able to buy goods with your das. Dash is a hybrid Proof of Work and Proof of Stake system, so payments can be done really in Realtime and with very low fees. That is great, if you want to use it for paying. In Germany, where i live, Dash can't be used directly for paying. But you can buy giftcards with your Dash, and these cards can be used as real money. I think Dash has a great future, because the money system in the world might collapse soon due to the covid 19 "crisis" and other things. Than we need a stable payment system and I think Dash has high chances for this usecase.



Dash opinion #1

Positive opinion by Anoymous on 28.11.2020 5 of 5

Dash is a fork of the Litecoin, which was established in 2014.
Like Litecoin or Bitcoin, Dash is based on the principle of PoW (Proof of Work).
As with many others, the network is designed as a decentralised solution and is thus armed against censorship by governments. The advantage of Dash is the high degree of anonymity, which makes it a private coin. In contrast to the usual AES-256, the PoW uses the X11 algorithm, which is less computationally intensive and therefore more efficient.
Therefore the use of DASH as a means of payment is more widespread in South America or Asian countries than in European countries. The DASH Coin can also be traded on almost every major exchange.
Furthermore, it is possible to set up DASH Master Nodes, if you can show the minimum deposit of 1000 DASH. There are also numerous "shared master nodes", which can enable a block reward through staking with a lower investment.