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
My free referral link: JOIN4FREE
One more thing... I have a community here called RWA, focused on explaining how to Tokenize Real World Assets or RWA. You can learn more about RWA and tokenization there. Please join RWA here LINK
Posted Using InLeo Alpha
Put them together and we have DAVE!? HISH!?
I think there is a meme here somewhere.
#hive #posh
Thanks
Welcome
https://inleo.io/@ai-summaries/summary-vaultec-interview-about-vsc-on-crypto-lush-november-15-2024-bcd