Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
XbladeX
on 11/03/2017, 20:43:39 UTC
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a) Instant transactions
b) Privacy features
c) Governance model
d) Self-funding that allows us to spend (at present levels) several million dollars per year on our own development or on integration with other businesses, etc.
***

a) In BTC most transations that are in mempool are automatically confirmed so far by 10/10 my of my stores that i have used Steam/Bitgild/InPay
they don't wait for confirmation so i can fair say that Bitcoin transactions are INSTANT in use now. If company use bitpay as payment processor this is 100% true.
b) bitcoin also have their coin mixers - true that now that cost more
c) Governance model - it hard to say what is better because democracy is failed system it run in favor for those who have money to make them richer.
Bitcoin is truly decentralized this has its + and - . Big - is scaling problem big + is large resistance to any changes.
It is easier to shut down those 2000 master nodes than system not relaying on them.
Dash is going more in some kind more digital company path than real money.
If company is good Dash will rise like company it can get size like company like Paypal why not but that will be company at end.

d) Self-funding - you know this is for long debate but problem is that you will never know what project will be ok and how money will be used at end.
Bitcoin has no funding model and parties that are realing on businesses they are ordering features this is quite good because it is more efficient.
Dash vs Bitcoin are 2 kinds systems with BTC sellers/stores/services push fund features that will give them income while in DASH nodes votes for stuff for them good.
From my perspective Bitcoin model will be more efficient because people will never put own money on something that won't give return while in Dash you have pool of cash that you have to spend and you look for project to FUN it can be scam or not. This is like EU donations to special projects god this is just money sing and people are wasting money.
Personally I don't believe that Dash system will be more efficient than bitcoin because BTC have more decentralized system of funding.
In Bitcoin end users have motivation to improve BTC while in DASH masternodes owners have mostly motivation in improve coin whatever that means.
If masternode owners will be masterminds they will blow up BTC if not they will fuck up at some point.

We will see in 4years how it will end and will DASH be top coin or after that real pump will be forgotten like LTC Sad... Good luck guys.

PS: From more moral reasons I would keep away from Dash (that instamine part)