If you came here you are probably curious about the famous cryptocurrency Dash. You are probably wondering, what is Dash, how does it work and, most importantly, should I invest in it
What is Dash?
Dash is a digital currency which is centered in privacy.Dash has almost instant transactions giving it a great advantage to Bitcoin. It is based on the Bitcoin software, but it has a two tier network that improves it. Dash allows you to remain anonymous while you make transactions, similar to cash.
With Bitcoin, transactions are published to the blockchain and you can prove who made them or to whom, but with Dash the anonymization technology makes it impossible to trace them. This is important because the blockchain is accessible to anyone with an internet connection – a significant drawback for those don’t wish their transaction history and balances to be publicly available.
How does Dash work?
Dash gets its famous anonymity of transactions through a mixing protocol utilizing an innovative decentralized network of servers called Masternodes, avoiding the need for a trusted third party that could compromise the integrity of the system.Dash takes things a step further than by utilizing a two-tier network. The first tier works in the same way as Bitcoin: miners find blocks and post transactions to the blockchain. The second tier, comprised of the previously mentioned Masternodes, enables additional features such as instant transactions (InstantX), private transactions (Darksend), and decentralized governance and budgeting.
Should I buy Dash?
Yes, yes you should. Dash has proven to be much faster, cheaper and more anonymous than Bitcoin. Dash is already gaining popularity both in the clearnet and in the darknet and I think, sooner or later, Dash will overcome Bitcoin in price and usage.So go on, sell all those pesky Bitcoins and, GO DASH!!