Wow, Dash is really getting trashed these days, while Monero's future looks so bright I have to wear sunglasses.
If anyone is wondering why, here is a great explanation from a recovering Evan's Gate cultist:
I sold all my Dash. Here is why and my view on the state of Dash
The three killer features of Dash have issues:
1) Governance - This was an important idea and could have been very interesting. However, this governance model is unproven and thus far the results are lacking. It has been little more a grants system. The few large projects done with it have all been failures (PR, website design, ATM integration).
2) Fungibility anonymity - Dash anonymity is severely flawed. People can just mix bitcoin if they want Dash-level anonymity. For people who want real anonymity they can use Monero, which is already has more network than Dash.
There is no market room for a transparent coin. The reason is because people who want public transactions can already use Fiat money. In fact, using a credit card they have protection in the case of not receiving goods, so there is negative incentive to use a crypto. For people who need to transact in a crypto and who also do not care about priivacy, they already have bitcoin.
3) InstantSend - This is a great feature, but other coins essentially have this feature due to lower block confirmation times or they outright have or are adding this feature. Dash has not gained from this feature nor will it because it has failed to gain network size before others implement the feature.
What about Evolution?
Evolution looks like an interesting concept. However, the development timeline is too far out. Look at how long 12.1 has taken to develop. It is far overdue according to timeline. The official Evolution timeline is about 18 months I believe. If that is the official timeline you have to imagine the actual timeline will be far longer. Let's say 2.5 years.
By that point I am not sure Dash will have any relevancy given the fast paced development of other coins.
The evolution white paper still has left the area blank that addresses better privacy fungibility anonymity. That is concerning.
Ouch.
