What is Dash (DASH)?

Introduction

Dash (DASH), formerly known as Darkcoin, is a decentralised, open-source, digital cryptocurrency based on the Bitcoin project. 

As its primary focus is on effective and instant payment, Dash offers stronger transaction privacy and anonymity, while its software is more resistant to mining with specialist hardware. Better privacy is achieved through a technology called Darksend, a coin-mixing service that combines identical inputs from multiple users into a single transaction with several outputs which obfuscates the flow of funds. Dash is also using X11 algorithm which employs a sequence of 11 rounds of hashing for its POW.

Of the plenty cryptocurrencies out there, Dash is one of the most popular. In the fall of 2017, it was the eighth-largest cryptocurrency by market capitalisation. At that time,the 7.5 million Dash in existence wereworth US$1.5 billion.

  Official website: https://www.dash.org

   Whitepaper: https://github.com/dashpay/dash/wiki/Whitepaper

Statistics 

Courtesy of Coinmarketcap.com

How to get it?

1. Trade it with cryptocurrencies. It’s easier to buy Dash if you already own bitcoin or other types of coins. Then it’s just a matter of moving your bitcoin to a cryptocurrency exchange and trading it for Dash. Some popular exchanges are Bitfinex, Kraken, ShapeShift and Bittrex that allow Dash trading. 

2. Mining is a good alternative. Many coins including Dash are mined with ASIC miners. 

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