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Crypto currency Dash speaks of itself not as a simple digital currency, but as an international payment system. The platform is created by the example of bitcoin, but it has some differences and improvements.
Dash gives users the ability to make completely anonymous and secure transfers. You can pay for various bills, goods and services. With a crypto currency, a large number of online stores and services cooperate.
Content:
- History of Dash crypto currency
- Dash and Bitcoin - what's the difference?
- Crypto currency Dash forecast 2018
- Dash of Crypto Currency where to buy and store?
- Conclusion
History of Dash crypto currency
The Dash Crypto currency was launched in the early 14th year. Then it was called Xcoin. A little later, it was renamed Darkcoin and a year later, it received its current name.
To say that everything went well from the beginning is impossible. Initially, the currency code was written by one person E. Duffield. The work was adjusted when a team of professional developers joined the work. It all began with an increase in anonymity, then the functioning of the main nodes of the future network was debugged.
After that, the development of a security system began. Over it, worked great experts in this industry. Lastly, the transaction functionality was created, which turned out to be excellent.
The name consists of an anagram of two words - dash and digital cash. From the usual root in the name kriptovalyut - coin, it was decided to refuse. This made it possible to get rid of associations with bitcoin, the redesigned fork of which, in fact, is Dash.
In the creation of the system, great attention was paid to decentralization. This involved both management and financing. In particular, because of this, the system has a built-in voting functionality.
Dash and Bitcoin - what's the difference?
Most of the forks do not look particularly bright against the background of their "older brother" Bitcoin. In this regard, Dash strongly succeeded, than he owes his wide range of functions.
The first difference between Dash and Bitcoin is the presence of a distributed network, created on a completely different principle. The BTC uses a peer-to-peer network that operates on the basis of consensus between nodes. The result of the work is the recording of records in the chain. In Dash, the system looks different - supernodes form the upper level of the network, which increases the speed of its operation. After receiving the approval of the master code, transactions are sent to the registry.
The network is characterized by greater anonymity of operations. This is achieved by using several cryptographic algorithms in contrast to bitcoin.
Mining Dash consumes much less electricity, and all transfers are very quickly confirmed. Transaction commissions are also not large.
To make a decision that will affect the work of the network, the principles of decentralized management are used. Solutions are accepted by all network users. Anyone can offer their project. He will be put to the vote, as a result of which it becomes clear whether his community approves or not. Placement of your offer is worth 5 coins.
Crypto currency Dash forecast 2018
Comparing Dash with other crypto currencies, we can say that it looks promising. In many respects it is the merit of professional developers who were able to realize in the project all the best Bitcoin qualities and own achievements.
For 1.5 years of existence, Dash was able to enter the top ten largest crypto-currencies and continues to grow. Now its price is more than $ 700, with a capitalization of more than $ 5.6 billion and a daily trading volume of $ 150 million.
The developers say that the crypto currency is at the very beginning of its path, because in the future it is planned to create a lot of services based on the technology offered by Dash.
Much attention to this crypto currency has been formed largely because it attempts to find solutions to the problems associated with cryptographic protection of currencies.
At the moment, the platform has been able to take big steps in the areas of management, security and anonymity. It can be assumed that this is only the beginning, before Dash can expand the scale of his presence in the crypto-currency market.
Dash Crypto Currency where to buy and store?
The first thing you will need is to create a purse where you can store the Crypto currency. To do this, go to. site.
You can store coins directly on the exchange. This is quite convenient, because you do not have to constantly enter and withdraw money, while losing at the commission. In addition, you can trade at any time.
There are two main ways to buy dash - for fiat and for bitcoin. For rubles, dollars or euros, you can easily do it on Exmo. This site has a Russian-language interface, so you will not have any special problems.
To purchase dash for bitcoins, you need to get btc first. This can be done through exchangers (you need to look for the most profitable rate), or through the same exchange. The scheme looks like this: you refill the balance, buy bitcoin, then buy it for it.
Exchange Dash for ordinary currency, you can through the exchange, or with the help of exchangers. The latter option will require you to take great care and study several services.
Conclusion
The payment system is international and is used by many organizations as a means of receiving payments for goods or services. This makes the currency profitable for use in international transfers.
It is also very profitable to accept such money. The price of the coin is growing and will probably only increase. Last by the way, causes the profitability of Dash as an investment tool.
In general, there are many pluses to the token and there are no prerequisites for the deterioration of its position and is not expected.
If someone want to use a Dash faucet then you can use moondash. Hope you earn lots of dash there.
Hey @davletshi, the markets are pretty crazy right now. Crypto is back to a weird space but I know long term it's still what we're all hoping it will be! Cheers
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