Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
Pang.
on 03/12/2021, 08:10:59 UTC
Today I had to make a transaction with ETH and I finally canceled it, because it cost me a $ 25 commission for moving $ 300.

I know perfectly well that Dash is the best there is for payments, and its main quality, which others boast but do not offer, is security, speed, and decentralization.

There will be faster currencies possibly, with more TPS, with very beautiful wallets, with smart contracts, with online chats ...

I am not looking for any of that, I am looking for the safest and cheapest and most decentralized network.

That is my view too and it hurts to see Dash dying more and more.
I really liked the simplicity of the wallet and hosting a full node is no issue with some HD/SDD space and startup speed etc and transaction are done fast and easy with low fee. What could be better?

Have you ever tryed to host a full ETH node? I did and I learned not to do that ever anymore.
Same but a bit better is BTC. You can still host a full node but you will see that it is unusable for short and sweet payments.

In fact a few years ago I have abandoned both BTC and ETH and have hoped I can do all transaction with DASH in the future.
Turns out that was a mistake.

Had to go back to BTC and ETH because it became obvious that this will gain in values and DASH is on the way down. So I did when I found a solution other than hosting a node by myself.

The only way out for DASH is to make it to be needed for something.

There seems to be no other incentive anymore to have DASH than hopeing for value gain and MN interests. The first is questionable and the later is fine as long as DASH can hold values which is questionable since there are no other incentives to have DASH.

Not a good base for giveing something value.

In order to give it value you have to have a market you can buy things with DASH only. That's a bit my view.



Dash hasn't been able to exploit its comparative advantage for a long time.

Other currencies with hardly any funding, and with a similar idea, have positioned themselves and achieved a critical mass of users and holders.

Meanwhile Dash did not know at first how to manage the funds in his first big run bull.

Imagine what can be done with a market price of more than $ 1000 per Dash, if the master nodes vote consistently.

I proposed years ago on these same pages, when there were dozens of daily users and this forum was very followed, create a reserve fund in gold, or stable currency, or even burn Dash when no round of financing is worth it, nobody listened, and It was spent financing a platform for the purchase of cannabis that was a waste of time and money.

Then, I proposed that there was an option in the wallet to convert Dash into a stable coin directly with the wallet without going to any exchange and leaving the commissions there.

People laughed and said that Dash was better than a stable coin.

Finally I said more than a year ago, that Dash would lose the top 100 when we were in the 30th position ... and nobody believed me.


In this life there are two ways to learn.

1-of the errors of others

2-of the own errors.


We have always chosen point 1. I hope that when we are "gone" and the DCG has drained the entire budget over and over again, the nodes that still survive will understand what is truly a priority.

All the best.