Looks like PIVX is DASH made right!!
I hate DASH because it is dishonest!!
Looks like PIVX is DASH made right from what I have been hearing. No pre-mining, no centralization whatsoever. No marketing girl!
I'm really going to extend my research fully on PIVX. What do you guys think?
EDUARDO CAPANEMA
@bitworkers (https://steemit.com/introduceyourself/@bitworkers/what-is-bitworkers)
Pretending pivx and ALL other coins do not have launch and/or distribution issues is laughable. Just read the first 10-15 pages of the pivx ANN thread and you will see they had a lot of the same issues as Dash and more.
70% of the pivx tokens were mined in the first 100 days. I have seen it claimed that 80% of the Dash tokens were mined in the first 100 days but have not done the math to verify that. Either way, in the end these issues will only affect about 10% of the total coin supply of both coins. This is way better than half the coins in the top 20 that were premined to the extent of 10-20% that only went to one person or very few. 100’s if not 1000’s of people were mining Dash from deep technical analysis that has been done.
As pointed out in the pivx/darknet ANN thread pivx was heavily mined by people that spent lots of money on rented hash or botnets and blew all the little guys out of the water from the jump.
The other difference is that the Dash instamine/fastmine was accidental (some coins had a on purpose instamine as part of their distribution method) from a bug in the litecoin code it was originally forked from.
In pivx, it was “planned” to have 70% mined in the first 100 days and guys spent a lot of money buying up hashing power to make sure they got a ton of it. Another issue pivx has is that those same guys immediately set up masternodes and got even more coins right from the start, centralizing the problem even more, Dash did not have that issue as they “invented masternodes” later, you're welcome. I have not looked too deep into the centralization this caused in pivx but it was more than with Dash from my limited research and more thorough research of others.
The Dash instamine is also very well publicized and not hidden like the pivx issues. There is also misleading info put out on the pivx info graph as pointed out by thedashmeister on youtube. Also, pivx's supposedly better features over Dash are not even implemented but are often talked about as if they are. They also have issues/bugs with their current governance voting system that have been going on for a long long time. So it would probably be best to see if they can ever figure that out before promising other radical changes to the code that may or may not even work.
TLDR, If you live in a glass house don't throw stones at the throne.
That was very informative. I appreciate it. :)
HI, I am actually interested in what you have been hearing and where this news comes from that PIVX is is DASH made right, can you expand on this a little??. I am a little bewildered by the title of this article, because i don't believe it to be true.
As far as i see it, i don’t see any issues with DASH they have a great community not to mention the best developers and marketing, this is exactly what is needed in the normal world - so not sure how your thinking really works here. If you really still think there is an issue with DASH then these issues must exist with PIVX since its a fork of DASH (please correct me if i am mistaken).
DASH is by far the only cryptocurrency solving the major issues whilst PIVX just forks the code, so just copying the code and running with PIVX does not mean there is any issue with DASH, instead i think the issue is with you and how you promote your content for PIVX.
The only reason why PIVX is being bought up right now, is solely because users missed out buying DASH in the early days and have now started to buy PIVX because they saw the potential of DASH and what they missed on thinking they may have an opportunity with PIVX. In the short run PIVX may be good to hold, however in the long run DASH will rule :)
Oh by the way, please stop posting FUD... PIVX was also pre-mined by the developers and you guys don't need "Marketing Girls" since they have people like you posting FUD posts which just makes other look down upon the PIVX community more
Title says "Looks Like..." so if you deem it to be true or false you are actually deeming a opinion regarding a subjetive impression to be true or false :) thanks for the info - even CoinDesk has been fooled
I think PIVX fans would do well to abandon dishonest, scammy marketing techniques. This entire post should be one giant red flag warning to stay as far away from this coin as possible.
thanks for the feedback
Same problems... scammmmmm