Dash is one of the crypto coins that make sure to provide you with instant and private payments. This altcoin is not only limited to online purchases as you can also use this currency in selected local stores. Just like other altcoins, it also has a crypto exchange for you to buy, sell, and trade. If you are interested you can also try crypto mining with this currency.
What is Dash?
This altcoin was launched in 2014 and since then it continued to grow as more users started to accept it. The company released it as Darkcoin but eventually changed the name to Dash. As of this writing, it is one of the largest peer-to-peer network around the world. With its growth, it can help spread awareness about the crypocurrencies.
More and more Bitcoin exchange venues accept Dash, and this helps make the Dash price go higher. As of now, you can buy, sell, and convert your local currencies in exchanges, such as Kraken, Bitfinex, Livecoin, and more. Make sure to check the Dash exchange every now and then to see the altcoin’s progress. Also, if the coin’s development continues, it is not impossible for clients to use this altcoin around the world.
Further, this altcoin makes sure to keep its system fully incentivized by providing miners with rewards for securing the blockchain. Through Dash mining, the blockchain is kept decentralized with faster transactions and secured services. These could help the blockchain be safe from suspicious servers and sudden attacks.
Advantages of Dash
The company that created this altcoin wanted to give it a unique feature that even Bitcoin does not have. In fact, as of this writing, it is the only altcoin to have InstantSend, PrivateSend, and Dash budget system. These features are the solutions to the problems that Bitcoin users have. There will be no double spending and transaction problems.
With this altcoin, you will not have any problems with confirmations and transactions. This feature will help you transact more and save time. No more waiting for long hours just for you to confirm your transactions.
Privacy & Transparency
Another important advantage is that this altcoin protects your financial information. No one will know your transactions except for you. Through the PrivateSend feature, your activity histories as well as your balances are private. At the same time, the company also plans to release a documentation to ensure clients that all actions are transparent.
The altcoin’s simplicity can attract a wider demographic. Even if you are not a businessman or an online gamer, you can still use this altcoin.