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RE: PIVX & DASH - Comparing these two tech miracles
Hi! I like Dash and I voted for you. Listen up, no offense, but I wouldn't even know how to pronounce PIVX, how can it be spoken about? I invested in Dash because I am concerned with privacy, but I am also concerned with the word getting out. If you brand yourself correctly and give me more privacy I'll hold for you too. Competition is healthy, it can help keep Dash in check :)
PivEx seems to be the most common usage. But Dash for privacy? Puuulease! The DASH masternodes voted for transparency over privacy so now privacy is dead in DASH and KYCAML via Coinfirm is in. DASH is trying to be "the bank" No privacy and no fungibility. They say they will only look back 3 transactions (I believe) to check for illegal activity usage of your coin, but "they" also told our grandparents that taxes were a temporary thing.....drip...drip...drip..there goes your freedom.
PIVX is all about privacy first.....It is one of the things that make us human......PIVX is People. Honesty, Integrity, Community.
I guess time will tell if PIVX can deliver on this promise. I know many are concerned about Coinfirm, I am too, but I think I'll wait to see how it plays out.
The beautiful thing about the distribution and voting system is that if Coinfirm doesn't work out then guess what?
The core masternode majority votes to keep it because only 1/3rd of Mnodes even bother voting? Dash wants to be a bank and an asset.....Loving the dash run, but DASH isn't what it says it is...Still holding some as a hedge but it isn't anonymous and it isn't fungible.
What you are not factoring into the whole masternode mafia narrative is that even those that are not masternodes have a voice. If users campaign for a vote, the masternodes need to take this into consideration. Because if they start making decisions people don't approve of then holders will go on sell mode and the masternodes along with the entire organization will lose value.
At PIVX the roadmap is to have all holders, Mnodes and those who hold PIV in their wallets have a vote, not just the whales, insiders and early adopters. That is a true voice... details are being worked on but that is what I hear. Plus the seesaw algo calculating rewards between stakers and Mnodes disincentivises Mnodes hoarding and thus centralization.....
Dash is going to be a great thing......PIVX will be what DASH was meant to be.
Just my opinion.
Love your comments tommycordero. You're mature and always have something to add to conversations! Unlike many.! upvote for you!
PIVX is a way better name then Dash. "Dash" is too generic. Makes it a lot harder to Google and find information about it.