We already done in our previous articles about the other cryptocurrencies like Bitcoin(BTC), Bitcoin Cash(BCH), Dogecoin(DOGE) and Litecoin(LTC).We will digging facts and information to serve as guide to people new in cryptocurrencies(including myself).
Cryptocurrenicies are product of geniuses of people in the world of digitals. They creating alternative things that we can use to real world.Cryptocurreincies are the best example of this. In this article we will reveal another important facts to introduce another idiosyncratic cryptocurrency the Dash Coin(DASH).
Dash Crytpocurrency
Also known as Digital Cash creation of Evan Duffield, founded on January 18th of 2014. A Dash blockchain that facilitates InstantSend and a PrivateSend transaction with low fees. Dash has gain popularity beacuase of its higher transaction speed and privacy features. Dash has its own unique model called “Masternodes”
What are Masternodes?
Is a server with a full copy of the Dash blockchain that guarantees a certain minimum level of performance and functionality to perform task related to block validations the PrivateSend and InstantSend.
The InstantSend and PrivateSend
PrivateSend
In Bitcoin blockcahin transactions, data are can findout by other people due to its publicity including previous transactions,worth of transactions and the addresses.The Dash blockchain is definitely different from Bitcoin blockchain.With the help of PrivateSend , all Dash transactions are can’t be traced. This will make Dash more advance than Bitcoin.
InstantSend
A service of Dash that makes its transaction faster than Bitcoin. Using Visa Card or Master Card, the transactions only took a few seconds.
Everything you need to know about Dash Coin
Supply
Total supply of Dash Coin is 18million, there are currently 7.4 million of Dash Coin in circulation.
Transaction
Dash is faster thatn Bitcoin transaction time. It has only average block mining time of 2.5 minutes 4 times faster thatn Bitcoin.
Cost
The lowest cost for 1 Dash coin is only $0.02 in 2014 and reached the higher cost of $11 per coin in year 2016.
Rank
Year 2017 when Dash Coin was reached the 6th most valuable cryptocurrency in the market and.
InstantX
Its unique feature Instansend was previously known as InstantX.
Names
Dash Coin was previously called Xcoin and renamed to Darkcoin and Lastly the Dash Coin or Digital Cash.
Fee
The average fees in every Dash transaction is only .0002 Dash about 0.013 in US Dollar.
InstantX Masternodes
In order to enable masternodes, anyone should hold 100 Dash to activate PrivateSend and InstantSend.
45/45/10
Dash gives 45% rewards to miners, 45% to masternodes and 10% back to Dash for marketing, research, coding and other developing purposes.
Independent
Dash has been independent in entire time and made 2 billion market cap without offering wallets and smart contract abilities.
All-time High and Low
Dash Coin all time high was $1,493,59 in December 20,2017 and its all time low was $0.21 in February 14, 2014.
Every crytpocurreincies has different uniqueness and features. Their developers are doing anythins to make them better, to make them competitive to other cryptocurrencies. They bringing reliabilities to their users in their own different ways. Stay tune for more cryptocurrency articles!
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