Dash Featured

Dash 19/01/2014
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Crypto Currency > D
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Dashwebsite


Dash Dash (DASH) is a privacy-centric digital currency with instant transactions. It is based on the Bitcoin software, but it has a two tier network that makes possible to improve upon it. Dash allows you to remain anonymous while you make transactions, similar to cash.

With Bitcoin, transactions are published to the blockchain and you can prove who made them or to whom, but with Dash the anonymization technology makes it impossible to trace them. This is important because the blockchain is accessible to anyone with an internet connection – a significant drawback for those don’t wish their transaction history and balances to be publicly available. Dash does this through a mixing protocol utilizing an innovative decentralized network of servers called Masternodes, avoiding the need for a trusted third party that could compromise the integrity of the system.

Dash transactions are almost instantly confirmed by the Masternodes network. This is a great improvement on Bitcoin’s system, where confirmations take much long because all the work is done by the miners.

Why choose Dash?

PRIVATE

Keep your payments private so nobody can track you, your transactions and balances are nobody’s business. With Dash’s ahead of time anonymization only you have access to your financial information.

FAST

Payments are received almost instantly by the other party thanks to IntantX technology. Ahead of time anonymization lets you send Dashs anonymously without waiting for processes or people.

SECURE

Advanced encryption and a trustless protocol for complete security in your payments and anonymization process.

GLOBAL

You can send money anywhere in the world and it will take the same time and cost to send.

LOW FEES

Much lower than banks or credit cards, usually even free. You don’t pay profits to anyone, just the network costs.

PEER TO PEER

No central authorities to trust because of full decentralization, even for the anonymization process. Everything stays between you and the other party in the transaction.



Information Dash Scorecard

Merchants No
Audited No
Website Yes
Facebook Yes
Twitter Yes
Reddit Yes
Google Yes
Forum Yes
Investor alert Yes
Coin Market Cap Yes
WorldCoinIndex Yes
CoinWarz Yes
CoinGecko Yes

Total 70%


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Information Information

Launched: Sunday, 19 January 2014
Hash Algorithm: X11
Symbol: DASH
Block Time: 2.50 minute(s)
Scheme: Proof-of-Work

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