100% Proof of Stake – PIVX supports an advanced version of Proof of Stake (POS). This is a system that relies on master-nodes to verify transactions instead of miners. PIVX is 100% Proof of Stake whilst DASH is only 50%. This means DASH still relies on miners whilst PIVX does not.
Seesaw reward mechanism – PIVX uses an advanced mechanism to distribute block rewards. 90% of the reward is distributed to the masternodes and stake nodes, whilst 10% is distributed to community projects.
Availability – PIVX is a newer currency than DASH and less availability. It is traded on less trading platforms.
PIVX solves a lot of problems that DASH has and it is much cheaper. It will be interesting to see how it plays out.
"PIVX solves a lot of problems that DASH has". Dash doesn't have too many problems. We have a great team, solid technology, and a strengthening community with many more fiat access points. Can PIVX help Dash get onto the App Store? Can PIVX help Bitcoiners switch to Dash? Because right now, these are the only major problems Dash has.
PIVX FASTER!! really? Have u seen how long it takes to download your entire blockchain which is only 15 / 16 months old... about a day... :) lol... DASH has been around since 2014 and it takes mere hours... lol - I've tested on the same spec server with the same network bandwith.
Edit: :Let me re-phrase that, takes more the 24 hours to download the entire blockchain
I have to disagree with both of the current comments here with regards to PIVX. Although both coins are good, however "there can only be one" major crypto to succeed say Bitcoin, let me explain why:
So DASH is aiming at a bigger audience then PIVX and have a strong committed not to mention dedicated team working on it. They will be releasing Evolution later in the year which will assist with the above and ensure that even your grandmother could use cryptocurrency, how cool is that? This is something that PIVX will not have since its looking in the opposite direction. Any new releases with DASH will be released on the DASH platform, any platforms such as PIVX will have to wait to see and try to incorporate these into their own. DASH Marketing is far superior then any other coin out there, not to mention it also has already made its mark within crypto for several years. PIVX is fairly new and has still not made much noise - at present i feel it's being pumped by big whales and the price correction is just around the corner, so you will see a huge downfall when whales sell.
PIVX is a great short-term investment however in the long run, Dash would likely outshine PIVX in terms of user adoption and thus, market cap.
Early adopters would be drawn to the stability of the large user base and convenience as a payment medium, to merchants. The trade-off in privacy and governance would be instant, as they opt for something more understandable and relatable.
I second that! Well put solowhizkid!
Comparing Dash to pivx is literally like comparing a $100 bill to a $1 bill...which would you rather have in your pocket....Evolution shall crush any Dash comparison to any crypto...Dash will be in its own league at that point :)
Dash has more stability in that it's an original crypto from the early days and it's still here. It's not resting on its laurels either, as the drive to improve permeates Dash Nation. We have identified weak points in digital currency and are preparing solutions to each one. No bad to say about PIVX, but Dash is simply the safer, more established choice. In time I may be able to offer this recommendation for PIVX as well.
PIVX is better in my opinion.
Key differences between PIVX and DASH:
100% Proof of Stake – PIVX supports an advanced version of Proof of Stake (POS). This is a system that relies on master-nodes to verify transactions instead of miners. PIVX is 100% Proof of Stake whilst DASH is only 50%. This means DASH still relies on miners whilst PIVX does not.
Seesaw reward mechanism – PIVX uses an advanced mechanism to distribute block rewards. 90% of the reward is distributed to the masternodes and stake nodes, whilst 10% is distributed to community projects.
Availability – PIVX is a newer currency than DASH and less availability. It is traded on less trading platforms.
PIVX solves a lot of problems that DASH has and it is much cheaper. It will be interesting to see how it plays out.
Cool
I would disagree, DASH has huge potential.. see my comments in this article
"PIVX solves a lot of problems that DASH has". Dash doesn't have too many problems. We have a great team, solid technology, and a strengthening community with many more fiat access points. Can PIVX help Dash get onto the App Store? Can PIVX help Bitcoiners switch to Dash? Because right now, these are the only major problems Dash has.
PIVX. FASTER, MORE COMMUNITY ORIENTED, CHEAPER, COOLER
PIVX FASTER!! really? Have u seen how long it takes to download your entire blockchain which is only 15 / 16 months old... about a day... :) lol... DASH has been around since 2014 and it takes mere hours... lol - I've tested on the same spec server with the same network bandwith.
Edit: :Let me re-phrase that, takes more the 24 hours to download the entire blockchain
I have to disagree with both of the current comments here with regards to PIVX. Although both coins are good, however "there can only be one" major crypto to succeed say Bitcoin, let me explain why:
So DASH is aiming at a bigger audience then PIVX and have a strong committed not to mention dedicated team working on it. They will be releasing Evolution later in the year which will assist with the above and ensure that even your grandmother could use cryptocurrency, how cool is that? This is something that PIVX will not have since its looking in the opposite direction. Any new releases with DASH will be released on the DASH platform, any platforms such as PIVX will have to wait to see and try to incorporate these into their own. DASH Marketing is far superior then any other coin out there, not to mention it also has already made its mark within crypto for several years. PIVX is fairly new and has still not made much noise - at present i feel it's being pumped by big whales and the price correction is just around the corner, so you will see a huge downfall when whales sell.
PIVX is a great short-term investment however in the long run, Dash would likely outshine PIVX in terms of user adoption and thus, market cap.
Early adopters would be drawn to the stability of the large user base and convenience as a payment medium, to merchants. The trade-off in privacy and governance would be instant, as they opt for something more understandable and relatable.
I second that! Well put solowhizkid!
Comparing Dash to pivx is literally like comparing a $100 bill to a $1 bill...which would you rather have in your pocket....Evolution shall crush any Dash comparison to any crypto...Dash will be in its own league at that point :)
Dash has more stability in that it's an original crypto from the early days and it's still here. It's not resting on its laurels either, as the drive to improve permeates Dash Nation. We have identified weak points in digital currency and are preparing solutions to each one. No bad to say about PIVX, but Dash is simply the safer, more established choice. In time I may be able to offer this recommendation for PIVX as well.