Dash Cryptocurrency 101 For Beginners: When Bitcoin started to become popular some years back, people around the world has gone crazy as far as cryptocurrency investment is concerned.
In fact, at the end of 2016 the value of cryptocurrency market stood at $17 billion.
In April 2018 the value of cryptocurrency market stood at $110 billion.
Available Supply: 8.02M DASH
With the huge money a person could earn from this form of investment, bitcoin popularity has gone to the roof especially that Bitcoin’s blockchain technology is making money decentralized.
But as they always say not all good things last long, like most things bicoin also have some fundamental flaws.
One clear flaw of bitcoin is the fact that it does not offer solutions to private and anonymous transactions.
The failure of bitcoin to solve private and anonymous transactions pave the way for the creation of a new breed of cryptocurrencies called Anonymous Cryptocurrencies.
One of the fast rising Anonymous Cryptocurrencies is dash.
Dash has become a good alternative to bitcoints because it can use as a peer-to-peer decentralized electronic cash.
Dash can be used like real cash which we use in our respective countries like USD/GBP/EUR/INR or CNY.
While dash is similar in some points to bitcoin this cryptocurrency offers better result as far as privacy and quick transactions are concerned.
Both bitcoin and dash are open source, had their own blockchain, wallet infrastructure, and community.
However, using dash is better than bitcoin because the transaction fee of this cryptocurrency is negligible.
Brace yourself, here is a history of dash, this cryptocurrency was created four years ago to be particular on 18 January 2014 by its developer Evan Duffield.
When it was first released dash was called XCoin (XCO).
On February 2014 they change the name XCoin (XCO) to “Darkcoin”.
A year later, on 25 March 2015, Darkcoin was renamed to “Dash”.
When dash was first release they hope to have a supply of 18 million coins for users.
In the current market, the dash coin is only 7.4 million and market experts expect the supply to reach 18 million only in the year 2300.
Based on the June 27, 2017 data, Dash is the seventh (6th) most valuable cryptocurrency by market capitalization.
If you wish to buy Dash, the best thing to do is do some exchanges at Changelly.
Changelly backs 55 cryptocurrencies (including Dash).
These 3 Reasons Could Land Dash To The CoinBase 2018 List
One of the dreams of most crytocurrency is to make it to the yearly Coinbase list.
Among the fast rising cryptocurrencies that is hoping to make it to the CoinBase 2018 List.
Some might doubt that Dash could make it to the list, but there are actually three interesting reasons why Dash might end up on the CoinBase list this year.
Dash Merged With A Popular Tech Company
The decision of HashChain Technology (the makers of Dash) to merge with tech giant NODE40 is great news to the cryptocurrency world.
The merger of these two tech companies will decrease the technical blockchain mining work.
Financial experts said the merger of the two companies is very crucial in the development of worldwide blockchain technology.
Patrick Gray, the founder of HashChain explaine they decie to join forces with NODE40 in order to diversify the blockchain mining.
Speed, Privacy, and Security
Another crucial reason why Dash can finally make it to the CoinBase list this year is the fact that this cryptocurrency offers speed, privacy and security.
At the moment, Dash consumers have no complaints as far as Speed, Privacy, and Security is concerned.
Dash Has A Promising Recent History
One reason that makes Dash stand above the competition is its resilient nature.
Despite suffering some major price fluctuations and rebranding from Darkcoin to DASH the cryptocurrency was still able to bounce back strong.
The mission of Dash to make things simple, for people of all age groups could land it to the CoinBase list this year.
The fact that Dash is available for purchase in favorite exchanges like Bitfinex, and Bittrex also makes it ahead of its competitors.
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