Verge (XVG) –The cryptocurrency adoption is one big thing that everyone is talking about. Ever since cryptocurrency started becoming a means of transaction, different observers have predicted that cryptocurrency would become a mainstream means of payment for e-commerce. While this is being foreseen, there has been a slow materialization of this idea, which has the […]
Dash, is short for “Digital Cash”, and it aims to become exactly that. A pioneer in the crypto industry, Dash’s protocol is modeled after Satoshi’s original blockchain and adds a few unique features for maximum speed, privacy, and lower transaction fees. Thanks to these innovations, Dash has the potential to become a true standard for transactions between individuals in a decentralized and secure manner. Not only is this one of the most well-established cryptos in
Cryptocurrency Regulation Crypto-regulation, specifically in NY – US, are becoming more tolerant on a daily basis. In less a week, the very rare Bitlicense was given two times by the regulators. The Bitlicense was launched in 2015 and has since received numerous complaints from entrepreneurs for the burden that it places on innovation. In the other side, officials […]
Top destination for Dash commerce and adoption is concluded to be Venezuela as it has experienced a strong rise even flying past the US. DASH Being Accepted Over 1,250 firms in a global range are listed on DiscoverDash that are open for Dash payments. Out of which over 20% of the global trading or 273 […]
What is the Dash?
Dash is a free, peer-to-peer and decentralized cryptocurrency such as bitcoin which offers the possibility of instant transactions and private transactions.
Dash was created by Evan DUFFIELD on January 18, 2014. DUFFIELD discovered bitcoin in 2010 and made it an obsession. In 2012, he begins to think about how to make bitcoin transactions anonymous. The result was a dozen ways to do it, but he soon realized that bitcoin developers would never agree to include his work. This is how he develops the darkcoin using an algorithm based on 11 sets of different hash functions. On March 25, 2015, darkcoin became Dash.
With the Dash, the identity of the users is hidden. In fact, users create secret addresses in such a way as to conduct transactions anonymously since they are the only ones to have information on their wallets. In addition all funds spend a pool and payments are made from this pool. As a result, payments can not be distinguished from user A to user B.
In conclusion, Dash makes it possible to send money in an instant manner with instantX and in all anonymity with darksend. You can send, for example 100 Dash to someone without anyone else knowing it in seconds.