DASH is private digital cryptocurrency with instant transactions . It is based on the Bitcoin software , but it has two tier peer to peer network that improves it . DASH allows to do transaction instantly and anonymously . It is difficult to trace back the transactions of DASH . DASH transactions are almost instantly confirmed due to masternodes network, this is great improvement over Bitcoin .
Bitcoin is a revolutionary technology but it has some glitches.
So Bitcoin isn't perfect ,
- It is slower than centralized system.
- It is not purely anonymous.
These issues can solve with the help of DASH.
DASH means digital cash. Following problems related to Bitcoin are addressed by Dash,
- Transaction privacy
- Transaction speed
- Network Participation
- Dash is constantly innovating.
Dash uses X11 hashing algorithm. Most other cryptocurrency either use Scrypt or SHA-256. X11 is unique because its design allows users with less powerful hardware to do transactions and mining. X11 also consume less power than other algorithms.
It is currently on SIXTH position in cryptocurrency list, shown at coinmarketcap.com.
Sources -: DASH WEBSITE
Thanks for the breakdown on Dash. I've been wondering what it was all about.
👍👍
@akshaybornare
Good content
Keep sharing good posts!
thank you so much for this another great informative post:)
At what price do you recommend buying it? :)
This post has received a 2.55 % upvote from @booster thanks to: @akshaybornare.
Dhinggana akshay cha nuste upvotes 31 kadak
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