Mark Mason
Well-known member
Dash and the Crypto Confidence Gap
The Motley Fool recently published, “Which Cryptocurrencies Have the Fastest Transaction Speeds?”. It focuses on the raw transactional volume capacity of various payment technologies, then uses it as a baseline metric for casting shade on the ability for cryptocurrencies to compete with existing transport layers. In particular, Visa. Articles like this one do a disservice by oversimplifying the situation. Ultimately, ability to push massive amounts of parallel transaction, though important, is hardly the most critical metric when comparing the technologies. This is largely a response to the article linked above and those with similar arguments.
Cryptocurrencies are forever being compared to other payment rails, and rightly so. Visa, Paypal, Venmo, etc. Some broad functional elements of these popular technologies are commonly compared: Usability, Suitability to use case, Integrability, Scalability, Speed.
Usability, as in simplicity of use and well rounded features, is an ongoing effort. Similarly with Integrability. There are countless efforts, but in the case of Dash, the Dash Evolution effort wants to address both of these with a significantly better user experience and a really well designed decentralized API (DAPI) that is well documented and includes a Software Development Kit (SDK).
Read more: https://www.dashforcenews.com/dash-closes-crypto-confidence-gap/
