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First of all it's not DASH but PIVX that has put a DASH vs PIVX comparison on there website.
My arguments are going in against that, and I wanted to figure out how people thought about it. And I already concluded that lots of people fell for it
And what I have researched and concluded for myself(obviously reading PIVX whitepaper and so forth) Was that the marketing was the strongest selling point, and its mostly directly directed at DASH.
So as my final decision was to ask people on this PIVX forum, to perhaps break my conclusions. I could explain how this PIVX marketing works (I do if you want to but I am in no need to be called a troll
)Do I am certain I can not make you or many others change your minds to the economic fundamentals I know them and seen them unfold in crypto I do want to put my final info on the matter out here and leave it at that(economics is a soft science so it would be only logical that people will disagree to the end of times
):Dash yes had an instamine, it was during a time crypto's where much more wild and they are currently silly things such as what accrued with DASH definitely accrued with allot of other coins.
Crypto where allot more buggy than they are now, coins exchanged hands quickly definitely buggy coins like DASH, even with worst case scenario's, the coin distribution coin not have ever been as bad as people thought. If the instamine would have happend today, than yes dash would have been a failed project from the start. But hey nobody ever called bitcoin a instamine coin even do 1 milion coins are still in one address of the original creator a major red flag we all simply take for granted, LTC creator Charlie sold over 400.000 LTC as well for instance. Also lot and lots of coins got stolen in the past via various ways included the exchange collapses of both Mintpal and Crypty.
Much more reasearch on the matter can be found here:
https://www.youtube.com/watch?v=mzqGf_ak_2I
https://www.reddit.com/r/dashpay/comments/62jc3b/evan_duffield_has_no_more_than_256000_dash_and/
Dash Instamine Issue Clarification https://dashpay.atlassian.net/wiki/display/OC/Dash+Instamine+Issue+Clarification
Instamine FAQ https://dashpay.atlassian.net/wiki/display/DOC/Legacy+FAQ#LegacyFAQ-WasDashInstamined
Was The Instamine A Positive Thing For Dash? https://dashdot.io/alpha/?page_id=118
My View: Dash’s Instamine Is Not A Problem http://fintekneeks.com/my-view-dashs-pre-mine-is-not-a-problem/
Deep technical analysis of the early mining and distribution https://bitcointalk.org/index.php?topic=421615.msg15619552#msg15619552
Confessions of a Instaminer Hashman https://bitcointalk.org/index.php?topic=421615.msg18041424#msg18041424
Now than I compare that info to PIVX
1) Only a 100 day mining period which is what is a 100% fastmine compared to a 10% instamine
2) Masternodes and minting where the plan from day 1, aka which means creators will definitively not sell out straight way, and will keep running nodes, aka earning via selling masternode rewards.
3) POS is completely different from the POW fase, and you can not simply say that the distribution continued fairly from that point on, as the LOOT (AKA the masternodes where already firmly in the hands of a lucky few)
4) Looking at market cap and what I could find out about the mining phase, it really does not to be heavily mined (looking at hash-rate)
I agree with you multiple coins should excised to fill up the differences, and i never said anything to contradict you on this either nor will I, but the think is in PIVX current shape and form it has not yet proven to do this, especially in the way the coin is presented in what its unique features are.
When in time PIVX will offer these differences than yes PIVX deserve its market-cap and much much more if these features are desirable to users, but that just it currently PIVX has not yet proven itself but has gained a massive market share, it can only be described that is mostly on the back of DASH, this can be seen looking at the charts, to my knowledge no big development updates have been given out that could explain this.
If in time PIVX and DASH will differ from each other than it all that ends well for the end users (use investors just have to deal with it either way)
IF I find new info on the matter I''ll be sure to post here again. But fir now I'll leave it at this for now, and let things cool of as some over zealous users are already taking offence to my questioning. ( I am a bit dyslectic so perhaps the fault somewhat lies with me)
