Dash is a cryptocurrency gaining popularity due to excellent traded volume and upward price movements. Dash is based on Bitcoin, however, with some improvements to the network such as transaction speed, anonymity, and governance.
According to the official Dash website, “Dash is Digital Cash You Can Spend Anywhere – Use Dash to make instant, private payments online or in-store using our secure open-source platform hosted by thousands of users around the world.”
DASH IS DIGITAL CASH
Dash aims to be the most user-friendly and scalable payments-focused cryptocurrency in the world. Find out more about Dash Evolution – the future of payments.
Features of the Dash Network:
- Instant transaction confirmation with double spend protection
- Anonymity equal to that of physical cash
- A self-governing, self-funding model with incentivized full nodes
- Dash also has a clear roadmap for on-chain scaling to up to 400MB blocks
InstantSend payments confirm in less than a second.
PrivateSend ensures your activity history and balances are private.
Transactions are confirmed by 200 TerraHash of X11 ASIC computing power and over 4,500 servers hosted around the world.
Similar to Bitcoin, the Dash blockchain is secured through consensus mechanism Proof of Work (PoW). Unlike Bitcoin, Dash has a two-tier network which is powered by masternodes (Full Nodes), which enable the features mentioned above – Financial privacy (PrivateSend), instant transactions (InstantSend), and the decentralized governance and budget system.
Mining Dash in pools is more likely to generate rewards than solo mining directly on the blockchain. Mining dash using P2Pool is strongly encouraged, however, there are other pools available or you could set up your own pool .
Dash P2Pool mining pools near you – http://www.p2poolmining.us/p2poolnodes/
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