can someone explain why dash is worth more then others altcoins?what is the tech?what are the fees?what about the network?
Two tiered network, masternode backbone
Instantsend
Privatesend
Self funded
Distributed and decentralized governance
Soon to come; evolution that transform crypto and makes it accessible to nearly everybody - not the technically advanced users only.
In a sense it is surprising that the price is as low as it is. By this time next year things are likely to be very different in the top of coinmarketcap
That explanation (it's actually just a list of marketing buzzwords) is not based on facts or logic. It's 100% pure Evan's Gate cargo cult doctrine.
Dash's 2nd tier is a fatal flaw, not a feature, because it requires users to trust 3rd parties controlled by unknown entities. Also, the Masternodes are a Ponzi scheme and HYIP in violation of the Howey act, and thus ripe for aggressive law/regulatory enforcement actions. Dash's trusted 3rd party "backbone"
is a security hole and presents the .gov JBTs of the world a fat juicy target.
Instantsend isn't any faster than Ethereum and Digibyte's 15-second blocks, and utterly obsolete compared to Litening (Lightning on Litecoin).
Privatesend hasn't been audited in years despite many code base changes, and is shit-tier garbage compared to Monero's state-of-the-art RingCT.
The "self-funding" is also misleading, given the funding is created by inflation and comes at the involuntary expense of existing bagholders.
Many printing-press funded projects lack accountability and have made a mockery of Dash's entire approach to throwing money at every charlatan who asks for a handout. That's why there are
multiple try-hard efforts underway to heap atop Dash's broken enterprise logic more convoluted bureaucratic epicycles.
See
https://forum.getmonero.org/8/funding-required for an example of a proper 'skin in the game' approach incorporating best practices such as voluntary donation, escrow, and deliverable milestones. Monero's FFS is why it doesn't suffer from a litany of failures (which constitute dis-proof of concept) like Dash's. EG:
1. Dash Delinquents: Charlie Shrem's Dash Debit Card2. Dash Delinquents: Dash Play AwardsIt sounded like a great idea: Dash sponsorship of a big fancy awards show for Youtube content creators. It would be targeting a well aligned market (online content creators who earn off the internet), and the proposal creators had some great ideas on how to integrate an aggressive Dash campaign throughout.
There was just one problem. The entire awards show was fake. It never happened. The Dash treasury got scammed.
3. Dash Delinquents: Dash Branded ATM'sWhere did the ATM's actually end up? Nowhere. They don't exist.
These proposal owners have at least posted a few updates on their progress, but it's looking more and more like the Dash treasury didn't actually buy deployment of Dash ATM's. Instead, we've provided startup capital to individuals who would like to deploy ATM's but are not yet prepared to do so.
This is another example of where the Dash treasury could have benefitted from having a vetting manager supervise and investigate these projects.
4. Dash Delinquents: Developer DocumentationDash desperately needs some developer documentation.
QuantumExplorer was paid a substantial sum of money with the expectation that he would either provide value or return the money. He has provided no services, and now he is audaciously refusing to return the funds as promised.
The proposal owner was fairly active on the Dash.org forum up until the day he got paid. Since then, he's gone totally dark. No progress updates, no forum activity, not a single completed page of documentation. This is what you might call "dine and dash", or rather "dash and dash".
QuantumExplorer is refusing to honor the terms of his proposal not only in providing zero work product but also in his pledge to provide transparency over the application of the funds and in his promise to return any unused funding:
Did he spend any of those funds to hire documentation writers for his project? Did he use any of those funds to even advertise to hire writers? Did he live up to his commitment to be "transparent" with the use of the funds? No, no, and no. A mere 12 hours after he was awarded his payment, at 15:43 that same afternoon, he swept 100% of the money away to top off the remaining coins he needed to start a new masternode, which has earned him an additional 12.6 DSH to date.
How could this have been avoided? First of all, think about in what strange world a newly hired employee would be fronted three months' wage before showing up for a single day of work and without even providing the employer with a single valid piece of contact information.
Even Basicpop the cult enforcer agrees Dash's current approach is stupid, broken, and a giant fail.
The biggest, fattest lie of all is that Dash's governance is somehow "distributed." Nothing could be further from the truth.
Dash is 100% centralized, as amply demonstrated by Evan's arbitrary Instamine-intensifying cut of Dash's total emission as well as his sudden top-down decision to rebrand Darkcoin to
Daesh Dash. He's even written on this very forum an admission that "nothing in Dash is fixed."
This is what it looks like when a shitcoin focuses more on marketing than development:
Evolution is not "soon to come." That's another lie. Evolution has no whitepaper, much less peer review and alpha/beta code. Github or GTFO you goddamn snake oil salemen!
