Have you ever heard about Dash? Well if you’re in a search to increase your earnings, you could always try the cryptocurrency market. If you haven’t deeply researched this field, you still might have, at least, heard of numerous people, maybe one of your acquaintances, getting rich from transactions with Bitcoin. Maybe you consider that Bitcoin equals cryptocurrency. Bitcoin’s wide spread fame is true only for a general audience.
However, when you want to approach this area you will be amazed of how many cryptocurrency options are there. Among them, of course, the cryptocurrency named Dash. Not so famous, but very efficient. And this is our focus in the paragraphs below. Dash is quite interesting and it is worth our, and your, attention, and for sure, your earnings will thank you for that.
There is a full market out there of cryptocurrencies for you to “play” with, to experiment and to find new interesting ways and techniques of turning them into a long-term income.
Who is Dash
So, let us explain in detail, who is this not so well known Bitcoin brother. Dash is an open source cryptocurrency launched in 2014, which will deliver solutions very easy to use and to measure. It is newer than Bitcoin, so it became very popular among young people who enjoy cryptocurrency transactioning and especially mining. Open source, means that Dash has been developed with a technology and software which are built, tested and improved through a close collaboration with the direct users. And it also continues the improvement process, keeping this user-relationship very close.
Dash has a lot of features in common with Bitcoin and some of the other consacrated cryptocurrencies, on the exchange market. However the main characteristic that you will find useful, is their ability to deliver a digital cash-equivalent equally valid amount, via the Internet. They all allow you to purchase and operate with blocks for each transaction (the blockchains will keep a score on all transactions within the network).
Similar to Bitcoin et co., Dash will keep your name, address and other details anonymous. As you are under no obligation to reveal personal information.
There are, however a series of major differences from Bitcoin and the other cryptocurrency. We include here the system management, its speed, as well as the cost. And all these elements are way up in the favor of Dash. Maybe because this is a newer currency, and was launched after a more thorough and deep research made on: the already existent market, the users needs and complaints, the new hardware and software technology. Dash also benefits from wider networks and already specialized actors on mining field, as well as from a general improved know-how of cryptocurrency systems.
We want to mention yet another essential difference from Bitcoin. Dash has no public transactions.
How to Make Money on Dash
Although the currency is the new-generation, the manner in which you can get money with Dash, is a classic one. Well, classic in terms of cryptocurrencies, at least. New Dash cryptocurrency is created by mining, the consacrated manner for all good cryptocurencies. Mining, the all-time secured way to recompensate participants to transactions whithin blockchain technology. The time required to mine Dash is below two and a half minutes.
The new Dash mining systems have a very clear structure, recompensating all participants according to their level. Therefore, keep in mind that there are three definite groups: miners, masters and development team.
Each will gain as follows:
Miners will receive at least 45% recompensation, which ensures a good participation number of brains and computers, taking their role within the blockchain process.
The masters, or masternodes receive also around 45% of the currency. Masternodes are the so called Proof-of-Stake algorythms. They are different from the Proof-of-Work used by Bitcoin. Masternodes (and their PrivateSend system) will allow a person to mine or validate blockchain transactions depending of the number of coins it owns. The big benefit, here, is that they reduce the number of nodes required to approach a transaction. Thus the total cryptocurrency amount is managed with increased ease.
And third, the development team, which includes also a marketing and client support service, will get the rest of around 10%.
From the very start, Dash intended and worked on achieving an improtant improvement to what cryptocurrencies already on the market had to offer. Its creators have as their main goal to bring a plus to all Bitcoin defficiencies. And the market, so far, proves them right.
· Dash guarrantees strong encrypting characteristics in order to make its blockchains’confidentiality phylosophy a reality. This is achieved by means of a PrivateSend option.
· In terms of speed, Dash is incomparable to Bitcoin. You will be amazed with these numbers. Bitcoins has a speed of 10 minutes or even more to finalize a transaction. However, Dash brings in a reaction to a similar transaction in only 4 seconds. Yeah, you heard it right! The difference is amazing.
· In the management area, Dash is also impressively different. It offers a clear manner of incorporating changes for currency development. There is no need for the so called „hard forks” (meaning the implementing of two different solutions). As it was the case with Bitcoin and its Bitcoin Cash. The solution brought in by Dash is a voting poll system, which enables a fairly faster change implementation.
· Cost is the other element which makes a visible difference to the other cryptocurrencies. For Bitcoin the transaction fees go around 6 USD, whereas Dash succeeded in reducing these fees to just a bit over half a dollar.
Will Dash increase its value furthermore?
Dash is a quite stable and secure cryptocurrency. After the launch in 2014, it went up slowly until 2016. Then it has been blosssoming since 2017. During that year, Dash surpassed te value of 100 USD and reached an hystorical height of 1600 USD. Then it stabilized around 330 USD. Which randers Dash a well established and safe cryptocurrency to invest in, these days.
What is your future with Dash?
Dash seems to have found a good niche on the cryptocurrency world. Its focus on youth, promptness, privacy and ease, makes Dash’s forecasts, worldwide, quite encouraging. If you decide to invest in this cryptocurrency, you will become directly involved in the developmemnt of a versatile and promising system. You will personally contribute to your own succes with Dash, but also to Dash market as a whole.