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Dash Crypto Currency
- qeternity 10y agoI'm very familiar with Bitcoin and Ethereum, but can someone explain what Dash's value proposition is?
- MarkEthan 10y agoThe fact that their website fails to clearly explain anything that I would say is particularly new to the world of cryptocurrencies I'd guess the value proposition is the marketing strategy... Or even just a better pump & dump strategy - take a look at the historical price chart here: http://coinmarketcap.com/currencies/dash/ http://coinmarketcap.com/currencies/dash/
- robinhoodexe 10y agoI had the same question and had to dig a little for it. >Dash (DASH) is a privacy-centric digital currency with instant transactions. 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. Dash does this 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 transactions are almost instantly confirmed by the Masternodes network. This is a great improvement on Bitcoin’s system, where confirmations take much longer because all the work is done by the miners. For full details please read the Dash whitepaper. From https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=1146914 https://dashpay.atlassian.net/wiki/pages/viewpage.action?pag....