Bitcoin is a revolutionary digital currency that emerged in 2009 and was hard pressed to gain public acceptance. Over time Bitcoin has been more openly accepted and implemented into an increasing number of applications. This has mainly been a result of its practical use and value as a medium of exchange. Bitcoin has provided us a baseline demonstration with great practicality and security, as well as paving the road for blockchain technology[1]. On the downside, Bitcoin's technology is becoming outdated. With much faster and more reliable systems already competing for the market space, Bitcoin has a slow and difficult time adapting to changing conditions[2]. Additionally, Bitcoin has lost its integrity as being a decentralized currency due to Application-Specific Integrated Circuit (ASIC) mining equipment that has created a monopoly over the minting of coins. This erosion of fairness has grown for multiple proof-ofwork (PoW) algorithms, including SHA256 and X11, used by Bitcoin and Dash, respectively[3]. Dash was founded on January 28, 2014, under its original name Xcoin. XCoin, which was rebranded as Darkcoin 10 days later, eventually took the final name Dash in March 2015. Dash achieved many of its goals and quickly grew into a highly valued digital asset[4]. One of Dash’s main features is an incentivized masternode network that requires locking 1000 Dash. The Dash masternode network was easier to join in its early stages. Dash witnessed a huge growth period as demand increased dramatically[5]. Over time Dash grew into a peer-to-peer network of thousands of nodes. While this imposing growth gave Dash compelling network stability, it came at a cost. Dash now faces the same issue it set out to solve; growth potential in the peer-topeer network. As demand for Dash grew, it became more difficult to acquire, to the point of being impossible for the general public to obtain the 1000 Dash needed for a masternode. This demand indicates future growth and development will be centralized towards institutional investors and ASIC mining monopolies[6], further undermining the goals of a “decentralized” currency.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.