Compare Dash against Monero. Learn the advantages of Dash’s technology and infrastructure, and also why Monero relies on donations to survive.
Dash has better privacy.
Monero relies on novel cryptographic techniques to achieve its privacy. The problem with novel cryptography, however, is that it is untested. Monero’s worst case scenario first became a reality in 2017, when it was publicized that many Monero transactions made in and before 2016 were not private after all. Some researchers assert that vulnerabilities in Monero’s privacy capabilities continue to this day. Dash avoids these kinds of severe privacy risks by employing a hardened feature called PrivateSend, wherein users can mix their coins with the coins of others to detach the transaction histories from funds. Dash’s privacy offering doesn’t risk the failure of novel cryptographic techniques, because it doesn’t employ them.
Dash is 1,800x faster.
It takes approximately 30 minutes for a Monero transaction to be considered secure. A Dash transaction, in extreme contrast, is considered secure in only ~1 second. That makes Dash 1800 times faster to use.
Monero relies on donations and volunteers.
Monero relies heavily on volunteers to run its node infrastructure. This leads to “pricing out” problems as volunteers drop off the network as the cost to run a node increases. In contrast, Dash’s infrastructure is both steady and growing due to block reward incentives paid to masternodes.
Monero is vulnerable to 51% attacks.
Due to its lack of a second tier of infrastructure, Monero is vulnerable to 51% attacks. Dash, however, has developed ChainLocks technology, which utilizes the masternode tier to “lock” each new block that’s seen by a majority of the network, thereby eliminating the incentives that make 51% attacks feasible.
Dash miners run ASICs.
The Monero network has demonstrated a resistance to cryptocurrency mining’s most powerful known hardware: the ASIC (application-specific integrated circuit). Though the reasoning given is a desire to allow more participants to mine, this rationale is akin to restricting a gold-mining operation to pans and pickaxes so that more people can afford to mine. Dash, on the other hand, was created with a unique mining algorithm that has allowed the providence of security on the network to grow organically. From CPUs to GPUs and finally to ASICs, the Dash network runs on the most advanced security hardware money can buy: ASICs.
Monero has no governance.
Monero lacks a network-level governance system, which creates an environment where investors are unable to vote on important issues surrounding the coin. This very problem has caused multiple contentious forks within Bitcoin, for example. Dash, however, pioneered crypto governance by making available a portion of its block reward — dubbed the “treasury” — to be allocated by masternode approval to any development team applying for it. The funding process provides governance for Dash because the development vision of the funded team(s) becomes the de facto vision for the network as a whole.