Monero (XMR) has suffered a severe correction after the recent fall of Bitcoin (BTC). During the past month or a bit more than that, the highest value that XMR has been able to record has been $82, and it was believed that if the trend got better, the coin is expected to hit that value …
The crypto space has been flooded by various events and important achievements this year, with the main goal being the mass adoption of digital assets and also the mainstream adoption of the innovative blockchain technology. Coinbase was in the spotlight again after the exchange was able to prevent a really dangerous malware attack. After that, … Continue reading "Coinbase Pro Listed Dash – A New Era For Altcoins Is Here"
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.