Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
Dash Wealth Distribution
Source : https://chainz.cryptoid.info/dash/#!rich
Litecoin Wealth Distribution
Source : https://chainz.cryptoid.info/ltc/#!rich
Conclusion : Dash wealth distribution is not that centralized as certain people claim it to be, Dash only has 5,9% in top 10 addresses. Litecoin has 12,3% in top 10 addresses
Even in the top 100 addresses, Dash is scoring pretty low with 17,5%. Litecoin has a much higher score there too (43,1%).
Same for top 1000 addresses where Dash is scoring 31,5% and Litecoin is scoring 64,9%.
Note : the higher the score in top 10 addresses / top 100 addresses / top 1000 addresses, the higher the centralization.
Just looking at Dash wealth distribution, i suspect Dash is scoring pretty well with regards to healthy wealth distribution among all the crypto projects out there and has much higher
decentralization (less centralization among top 10 / top 100 / top 1000 addresses), then most people realize.
Source : https://chainz.cryptoid.info/dash/#!rich
Litecoin Wealth Distribution
Source : https://chainz.cryptoid.info/ltc/#!rich
Conclusion : Dash wealth distribution is not that centralized as certain people claim it to be, Dash only has 5,9% in top 10 addresses. Litecoin has 12,3% in top 10 addresses
Even in the top 100 addresses, Dash is scoring pretty low with 17,5%. Litecoin has a much higher score there too (43,1%).
Same for top 1000 addresses where Dash is scoring 31,5% and Litecoin is scoring 64,9%.
Note : the higher the score in top 10 addresses / top 100 addresses / top 1000 addresses, the higher the centralization.
Just looking at Dash wealth distribution, i suspect Dash is scoring pretty well with regards to healthy wealth distribution among all the crypto projects out there and has much higher
decentralization (less centralization among top 10 / top 100 / top 1000 addresses), then most people realize.
Talking about coin wealth distribution via number of addresses with lot of coins in it is obsolete.In the beginning of crypto market it had some sense,but today not any more.Today addresses with huge stash of coins are exchanges hot and cold wallets.All big players dilute their coins in 100s and 1000s of addresses,to make harder tracking of theirs funds which can be very useful as a precursor of major market moves.Dont get me wrong,I think that DASH project is better than ETH and many others,but I also knew that major investors in ETH are far more serious and competent to establish ETH as a major coin despite its numerous past and present flaws.
That is why structure of investors in coin is so important.Trashing coin is easy,playing long game and get people confidence in it is much harder.