Bitcoin vs Dash - the battle starts

in #dash7 years ago

bitcoin's problem:
Many people believe that Bitcoin is always going to be on top of digital currencies, because it was the first currency of its kind to take hold, and it now has an established market cap. It’s true, Bitcoin is the only case of a widespread, functioning blockchain. However, Bitcoin is not without its problems, the most important of which is user experience.

How the hell do I use this thing?
If people can’t use Bitcoin easily, then it doesn’t stand a chance of taking off. If Bitcoin isn’t as easy to use as PayPal, if people have to use long weird-looking strings of 34 characters, if they have to use a wallet that looks like it was designed in Visual Basic in 1997 (or even 2007), why would they ever want to use it? Bitcoin is great, but it’s not so great that people who don’t know anything about it will look past its appearances to use it. Normal people don’t extend themselves to use new technology – only nerds and enthusiasts do that. Normal people wait for new technology to come to them, or at least meet them halfway. If someone has to understand the technology to use it, that technology is not ready for mass adoption.
Dash’s solutions
Dash Evolution
Dash Evolution is an attempt to make cryptocurrency accessible to regular people – “cryptocurrency that your mum could use”. You’ll be able to send currency using a name which looks more like an email address than a computer error. You’ll also be able to log into an account from wherever you are, using your phone, your computer, or someone else’s computer, while still retaining control of your funds. The user interface will look something like PayPal or Venmo or an Internet banking site – something familiar and intuitive to many people.

The debate is settled on scalability
The Dash block size question was resolved within 24 hours, using a voting system among masternodes – all significant stakeholders in the currency. Yes, the problem which the Bitcoin community has continued to stumble over for months was overcome in just a day, without a hard fork, without any fork, just through a simple show of hands.

Conclusion-
There are problems on the surface of Bitcoin, and the superficial problems are reflective issues – ones of economic incentives. The economic incentives of Dash are far superior, and the wheels are in motion to allow Dash to take off – not just with crypto-nerds, but with the general public.

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I herd dash is planning 400 mb blocks with master nodes using specialized hardware. While bitcoin is planning segwit 2.0

i have invested in bitcoin,litecoin,ether,dash,monero,bitconnect,nxt,cloak ,steem....what about you?if any of these coin can attend the exponential growth,then u can understand......

i think that you have invested in some of the best crypto currencies, thoose than can earns a lot more. you should maybe invest also in the Golem. i trust in it. And what can really works too, is to invest in ICO. :)

you know cloak increased by 100% last week!!!

wow ! no, i didn't notice !! Thank you

follow me to get daily update on which coin most pumped in/out,most volume,and future predictions..

You're right. Then we can say that DASH is getting centralized... what is true, because you will need to spend lot of money to have better informatics equipments... But in all case, to be a dash miner, you require 1000 DASH deposit, wich represent 180 000 USD... So if you can do that, you can buy some nreally good equipements.

Nice post yet there were two important things that Dash does better than BTC:

  1. Mining - X11 is the best way to keep difficulty at a reasonable value.
  2. Transaction fees - BTC transaction fees are too high.

i appreciate.but the value of bitcoin is now saturated,i have done many research.so dont stack ur bitcoin,rather utilise it by trading,and spreading it into various altcoin is a good idea.btw dont forget to follow and upvote me.thankxxxx
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I invested 500€ in january into BTC, but i really hesitated with DASH... More time goes, more I regret i havent done it ! :O

what i say is that,1st you buy bitcoin,then buy altcoin with 50% of ur bitcoin.

Yes, i've done it, that works nice, you can also with ETH. I think that is the good moment to buy.

Great post buddy

thnks.u just get a new follower.follow me 2

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