My thoughts on the strengths of Dash and Hive, plus how they compliment each other.
Introduction
Dash
- Dash is one of the oldest cryptocurrencies.
- Dash also is one of the most famous and largest communities in the cryptocurrency community.
- Dash has developed one of the largest cryptocurrency point of sale networks, and Dash can use all Bitcoin point of sale infrastructures due to codebase similarities. (citation needed)
- Dash is also similar to Litecoin and there maybe point of sale advantages there also.
- Dash wants to be a better cash, like Bitcoin is better then Cash, but Dash is Fast, Cheap and can be Private, all on one blockchain. These are things Bitcoin can't do on it's blockchain..
- It's literally called Dash as in Fast Cash...
- some say Dash literally has perfected the being money thing.
- Bitcoin is expensive to transact, Dash is cheap, as in micro transaction fees.
- Bitcoin is slow, Dash is fast, as in Fast cash + Dash.
- Bitcoin has no privacy mode. Dash has Private Pay.
But earning Dash...is tough...
- Dash can be earned by running a node (on Hive we call this being a witness) a complicated thing to do for most.
- Dash also allows you to earn Dash by running a Masternode. Which is a slightly more complicated thing then running a node, and you have to have 1000 Dash or about $30,000 USD.
- But Hive provides a way to earn Dash which doesn't require the technical know how to run a node or 1000 Dash for a Masternode.
Hive
- Hive has many, many ways of making Hive.
- Hivers' make money depositing Hive in their savings account.
- HIvers make money depositing Hive Backed Dollars in their savings account.
- Hivers make money writing and posting essays which are upvoted, rewarding they with Hive
--Hivers' make money writing and posting short threads which are upvoted, rewarding they with Hive - Hivers' make money creating long form videos and posting them which are upvoted, rewarding they with Hive
- Hivers' make money creating short form video and posting them which are upvoted, rewarding they with Hive
- Hivers' can stake their Hive as Hive Power and them upvote other creators to earn Hive
- Hive has a reward pool, ruled by daily inflation, as in Hive Token minting, which rewards many activities on Hive beyond the ones listed here.
Okay, I have written a lot here, but a quick summary would be this:
- Hive is good at helping it's members make Hive
- Dash is very good at helping it's members spend their Dash
- What would happen is Dash members could come here to make Hive and then have it converted to Dash, so they could spend it?
Hmmmm...
- I think a lot of Dash members would stop posting content for free on other platforms and bring "some" of that content here.
- And because of Tribaldex, Hive-Engine and Leodex, and Inleo has created a UI which automatically swaps Hive and Leo for Dash, and deposits in their Dash wallet... this looks like a good place for Dash Community Members to come and make some Dash.
Last Words...'
- So if making money and spending money go together like peanut butter and jelly, we may have the start of a beautiful friendship between Hive and Dash, that tastes pretty sweet...
So use my link to join and tell all your friends...
- Join using my referral link and get a free Hive delegation to pay your transaction fees on Hive blockchain. Join Free
- Just create a keystore wallet and connect it to the link site**
- Here's a quick tutorial on signing up with Keystore with screenshots! Link
@shortsegments
About Me
- I have been a writer on Hive / Steemit for six years, and my focus is on the financial aspects of cryptocurrency, the blockchain, non-fungible digital tokens, stablecoins, decentralized finance and tokenized assets.
What is Hive.??
- Hive is a social media platform and many diverse communities on the Hive Blockchain
- Here on hive you can post content, upvote content and comment on content to earn or get paid in cryptocurrency tokens called Hive.
- You can earn cryptocurrency by writing long articles, short articles, posting videos, pictures, memes or other content.
- Then you can then sell these tokens for your countries currency, US Dollars or other cryptocurrencies like Bitcoin, Ethereum or Stablecoins like USDT, USDC .
Join
- Click my referral link to sign-up for free in seconds and try the application out.
- Just create a keystore wallet and connect it to the link site**
- Here's a quick tutorial on signing up with Keystore with screenshots! Link