Cryptocurrency Dash (Dash, Dash) - what is it and why is it needed in simple words
The cryptocurrency community is gradually getting used to the variety of electronic currencies . Over the past period, analysts have noted an intense boom in the development of virtual coins. One thing saves - unpromising options are eliminated naturally.
Until recently, the expression Dash-coin did not delight professional traders. Gradually, the currency began to attract the attention of investors, which earned a good popularity. Although Dash is a twin of classic Bitcoin, this does not prevent him from being in the top currencies in terms of total capitalization. A developed network, serious protection of transactions, a reasonable distribution of money between market participants provide great potential for the further development of these coins.
A reasonable question arises: where is such confidence in Dash ? Should novice investors pay attention to this currency, and what prospects do analysts predict? In this article, we will try to understand the most pressing issues.
What is Dash (DASH)
Dash is positioned as a highly secure and confidential currency. The coin was not originally planned as a stand-alone unit. It was an alternative to the popular Bitcoin ( it is written about this digital currency here ), or rather, its improvement in terms of security. It is decentralized, lacking a key regulatory element. Dashs idea is based on the equality of all users, excluding huge capacity resources for mining.
Decentralization doesnt end there. Any user, regardless of rank, can afford to contribute ideas for development, take part in initiatives. The concept of Decentralized Governance (DAO) is fully implemented on this platform.
Ordinary miners are engaged in the issue of currency. Other entry paths are not provided here. Evan Duffield created not just a crypt, but a whole payment resource available to every inhabitant of the network.
There are no long transactions in Dash, unlike Bitcoin (we previously wrote about transactions on the Bitcoin network ). The system is not busy verifying and identifying the client. Transfers are lightning fast, with full client privacy support. Dash owes these features to its predecessor, Bitcoin. Its algorithm has been significantly improved in terms of security.
Dashs algorithmization is based on the Darksend engine. It allows you to maintain confidentiality without using secondary resources. The currency is convenient to use for daily transfers and payments. A huge plus for the client is the lack of identity confirmation. By sending money, the user is considered automatically verified. The system autonomously verifies the identity and determines the best way to complete the transaction. Human involvement is minimal.
The result of these actions was an agreement with the Wirex online payment service. Crypta Dash is integrated into the system, which means full access at different points of Visa acceptance around the world.
Dash history
The Dash cryptocurrency dates back to 2014. Its author and developer is Evan Duffield. The official release took place in 2015 based on the company of the creator of the Dash Core DAO.
At first, the currency bore a gloomy and not entirely appropriate name DarkCoin. After a short period of time, Evan decided to change his name to XCoin, but the alternative did not last long either. As a result, it was decided to beat the phrase "DASH" and "Dark Cash". Today the name stands for "Digital Cash", but most users liked the idea of "dark currency". Because of this story, some traders seriously assume that Dash can outperform Bitcoin itself.
Dashs history is closely related to cue ball. The enthusiastic programmer Duffield decided to make adjustments to Bitcoin, fixing obvious problems. But the ideas were coldly received by the community. As a result, Duffield came up with the idea to launch a real competitor to such a giant.
In talking about working on new money, Evan emphasizes the privacy and security of the new technology. The developer was well aware of the security gaps in Bitcoin and they became the catalyst for the introduction of a new data processing system. Using the original programs, Duffield created a completely new cryptographic solution.
Indeed, Dash represents an explicit fork of the cue ball. But, despite a similar core, the new coin is significantly different from its counterpart. Most users have long ceased to associate Dash with Bitcoin, considering the first to be a completely individual coin.
For two days of existence of the new version of electronic money, about 2 million coins were mined. This is approximately 10% of the total volume available at that time. This influx of currency has caused heated discussions in the crypto community. Dash has been criticized at various levels, from amateurs to large investors. The creator of the coins was seriously considering restarting the network. An error was found in the algorithm that allows instant currency extraction. But market users managed to dissuade Duffield. The accumulated amounts quickly dispersed at a low cost and the market situation stabilized.
The entire period of Dashs formation can be roughly divided into three stages:
- Currency launch by Evan Duffield in 2014-2015. In the early stages, the future Dash was called Xcoin. But during this period, a significant error in the program code was discovered. Due to this shortcoming, there was a massive boom in coin mining, which caused great emotions in customers. The defect had to be corrected immediately.
- After making the changes, the development team (at that time there were several of them) led by Evan decided to rename. This was due to negative emotions in users and associations of the new crypt with a failed launch. The name was changed to Darkcoin. But this name also did not bring success. Most investors compared the coin to the Darknet and were wary of investing.
- The final name change, which was fixed for the currency, namely DASH. It was from March 2015 that coins began to be taken seriously, which allowed the crypto to stabilize in the market.
The decision to rename allowed Duffield to consolidate Dash in the market. From that moment on, its capitalization began to grow steadily.
Dash distinguishing features
Developer Evan Duffield has never denied the fact that the basis of the new project is borrowed from Bitcoin. The Dash crypto was positioned as an improved solution to the classic currency. This is a more convenient version for network operations.
The main function of coins is to provide maximum protection and confidentiality when making transactions. The cue ball offers only partial secrecy of the client, which is what the creators were inspired by.
Lets consider the most basic advantages of this currency:
- Decentralization. The client operates with his own funds without intermediaries. All decisions regarding this currency are made and discussed by the project participants. There are no hidden leaders who determine the fate of a coin outside the open community.
- Human privacy. This parameter is really important for the participants. Transactions with Dash are confidential, no one can figure out the identity of the client. At least thats what the developers say.
- Accessibility to every person. All you need to start using Dash is an Internet connection.
- Inflationary resilience. The number of coins is clearly regulated by the algorithm and the internal arrangement of the network. This increases the stability of the asset, making it immune to large volumes of interference.
It is worth noting the absolutely individual features of the coins:
- High speed of block organization (Instant Send). This feature works only on the principle of cutting off the entry for a particular transaction. Operation conflicts are automatically detected by the system and blocked at the runlevel. Dash implements a chain confirmation algorithm. It is necessary in a situation where it is impossible to determine the correctness of several operations. Such a decision does not require a long system response, as it happens with Bitcoin.
- Private Send. The feature provides privacy by mixing multiple payments. It is almost impossible to determine the ultimate source of a transaction. This solution is provided by Masternodes servers. The mixing principle has been modernized and incorporated into the standard client software. What does this method allow? Cash flows remain hidden from the public eye. Tracking the sender, let alone calculating his data, is quite problematic.
- An uncomplicated process of mining coins. The blocks are organized in such a way that the speed of their formation is an order of magnitude lower than the rest of the virtual money. This makes it possible to mine more coins with less energy.
- Masternodes. These are special servers that provide the implementation of the Private Send function. They are decentralized and controlled by the clients of the network. The more mixing steps, the more intensively masternodes hide the operation path. In theory, there could be a situation where most of the masternodes are under the scammers supervision. In this case, a protective factor is triggered: the connected node requires a deposit of 1000 Dash. Volunteers have their own bonus - about 50-55% for the formed block. Thus, a fraudster needs a significant resource to control a certain number of masternodes, which is quite difficult in practice.
- X11 function. Eleven hash functions provide a chain for performing operations. The system is specially designed to complicate the use of special mining equipment and monopolize the market. The peculiarity of the solution lies in a significant reduction in the costs of ordinary miners: sequential processing on the CPU gives a similar result to that of the GPU.
- DGW (Dark Gravity Wave) is an algorithm for adjusting the difficulty of mining coins. Eliminates the shortcomings of its predecessor, Kimotos Gravity Well, where 2016 blocks of the chain are recalculated. The miners reward is determined not by the container number, but by a special formula with a moving average.
The Dash cryptocurrency management is a well-known person in the field of virtual money. But they do not have a key role in making decisions - the opinion of market participants is highly valued. For 5 coins, you can offer your own development strategy for the sign. Thus, customers voted to increase the cryptographic block.
Its worth noting that Dash is a two-tier system. This is a significant difference from the cue ball. In peer-to-peer Bitcoin, agreements are reached by peer-to-peer systems that participate in the overall operation of the system. The implementation of this function lies with the Proof-of-Work service. Dash has a similar system.
But do not forget that the Dash cryptocurrency has the second rank. It is reserved for Masternodes. Thanks to them, a lot of useful add-ons are implemented: InstantSend and PrivatSend. Nodes have an equal say in development issues. The amount of funds obtained is divided according to the following scheme: 45% - miners, 45% - masternodes, 10% - development of a common platform.
The PrivateSend feature is one of the main features of the entire platform. This transaction method is implemented using the CoinJoin engine. Private forwarding masks payments by shuffling them into one volume. The principle is as follows:
- Denomination. The whole operation is divided into equal shares. This prevents the calculation of a particular transaction because it is impossible to determine its true volume.
- The matching parts are additionally mixed. The new masternode is responsible for this.
- The finished operation is credited to the account without waiting for completion. The shipping address is confidential and cannot be calculated.
Dash maintains its status as the most decentralized coin due to the software implementation of DAPI. This is a completely open code in which specialists can create their own wallets, software for interacting with the platform. DAPI operation is provided by masternode nodes. They verify transactions without slowing down the processing speed.
Experienced investors are familiar with the term DAO - Decentralized System Management Mode. It has a bad history: the theft of more than $ 60 million in investments made users think about its performance.
But it was the DASH cryptocurrency platform that began to offer this method. In this system, it is called DGBB - decentralized management chain blokchain . This scheme allows network nodes to independently submit ideas and vote for changes to the entire network. For example, the result of this work was an increase in the volume of the chain up to 2 MB.
Instand Send can be used by any client: the owner of the Dash wallet, the simple owner of the client software. The trust format of transactions predicts up to 3 minutes to complete a transaction. But there is an important difference: each transaction has its own channel. It is checked by masternodes and then given the go-ahead for execution. This approach protects the system from double loading.
How Dash works
DASH electronic coins are built on the Bitcoin software core. They include its concept and implementation. But apart from them, Dash has a number of individual solutions that determine the advantages of the coin.
When making transactions, participants are not involved in verifying the validity of the transaction. This significantly reduces the load on the system. This function is taken over by masternodes.
When performing translations, the client relies on complete confidentiality of the transaction. The encryption system excludes any penetration of personal information into the open section of the network. Moreover, sender and recipient addresses are mixed in the workflow. It is impossible to trace them.
A large number of electronic repositories have been developed for the Dash virtual unit. They provide reliable savings of funds, allowing the client not to delve into the essence of the operations performed. The wallets are easy to use. In terms of the level of complexity of work, Dash is comparable to conventional fiat funds. There are no additional operations required for translation. Everything is simple, reliable and most importantly - safe.
For mobile platforms, a lot of applications have also been developed to work with this unit. They support the full implementation of hardware encryption and transaction efficiency. For such changes, users should be grateful to the latest technologies actively used in the system.
Why do you need masternodes on the DASH coin network
The dash platform has its own solution for communicating with each participant - masternodes. These are servers whose function is to distribute traffic between clients. For their full-fledged work, you have to spend large data streams. Keeping the servers themselves running is a rather energy-intensive idea.
This leads to a gradual decrease in masternodes in the entire Dash network. The developers decided to transfer 45% of the mining funds to Masternodes accounts. This allows the latter to function normally on the platform.
The role of masternodes in the operation of the system is high. They are essential for the stability of the Dash. Nodes synchronize user operations, distribute information between all participants. Thanks to the work of masternodes, DASH boasts a high level of decentralization. Moreover, the cryptocurrency management invites any user to become an official representative of one of the masternodes on the network, receiving additional rewards.
The conditions are simple. To obtain the Masternode status, the client must have more than 1000 coins on the account. In this case, the user will start receiving mining income. The reward will depend on how many people are currently engaged in such services.
Other benefits of the masternode system include:
- Providing high speed of processing operations. Distributed traffic and operational verification of transactions allows you to achieve lightning-fast results - only 4 seconds to confirm the transfer.
- Creation of a private operation. If you wish, you can hide the entire chain from other participants. Its trace will be hidden, and it is impossible to calculate the direction of the transaction.
- Part of the reward for masternodes goes to internal needs and platform development. Users themselves can control the improvement of Dash currency, take an active position in responsible decisions.
In Dash Crypt, users have always been given great attention. It is masternodes that allow all participants to be united into a single network, providing them with reliable communication with each other.
Dash advantages and disadvantages
The advantages of DASH lie in the publicity of the system. Creator Evan Duffield is actively involved in improving the platform. Along with it, the project is supported by a team of programmers. The marketing strategy is aimed at intensive advertising, which gives its results: every second participant in the crypto market knows about Dash.
The platform uses new developments: InstantSend, PrivateSend and others. They allow solving problems that have become a tangible obstacle for other electronic currencies.
Lets note the main advantages of the virtual unit Dash:
- Position stability. The crypt has existed for several years. During this time, significant development of the platform was demonstrated. All the time, Dash remained in high positions in terms of capitalization.
- Creators transparency. Bitcoin is known to everyone, but its creators are still shrouded in mystery. It was a team of programmers or a single developer - we will hardly be able to find out. The DASH team is fully known and actively promotes their crypto.
- Participants vote weight. Clients take a personal part in the life of the currency. They are able to make decisions regarding new developments, upgrades and strategic decisions of the platform.
- Sophisticated technology of operations execution. The network offers complete privacy.
- High speed of order execution. In this regard, Dash significantly outperforms the cue ball. Their execution is almost instantaneous, while the network is not under heavy load.
- Mining income. Clients who mine currency on equipment have the opportunity to receive pleasant bonuses from the platform itself. Low hardware resource costs save investment.
It is worth describing some of the shortcomings of the system:
- High competition in the virtual currency market offers users new solutions. For the most part, they are more perfect and more convenient for daily work.
- A number of mistakes made at the start of the project raise doubts. Although they did not lead to a deep collapse, their occurrence in the future is not guaranteed by anyone. If such failures lie on the shoulders of the creators, it is worth considering the prospects.
- Potential rate drop due to the use of masternode technology.
- Gradual involvement of ASICs in mining systems.
There are dozens of coins on the network desperately trying to gain the status of a "world" coin. Dash is very passive in promoting itself, despite widespread acclaim. Against the background of less popular signs, he should more aggressively promote his name in the virtual currency market.
Despite its shortcomings, DASH continues to gain momentum and develop. It is possible that investments in this currency can bring profit.
Mining Dash
Dash consists of a combination of algorithms included in the X11 network. Because of this, it is called one of the safest in the crypto world. It is true that in order to gain control of the chain, a hacker needs to crack all 11 algorithms.
DASH mining has significant differences. The X11 technology used differs from the mining script for a number of reasons:
- other software is required;
- there is no full support for all ASIC miners.
Dash is specific in that it requires less energy to form a block. For these purposes, GPUs from the manufacturer Nvidia are best suited. Work with the CPU is allowed.
If we talk about the hardware, the mining of Dash crypto can be performed on several types of devices:
- video cards;
- standard processors;
- ASIC computers.
The latter type has been introduced relatively recently. For a long time, ASICs were unavailable for mining Dash currency. The arrival of new devices on the market marked the entry of these devices into the network of mining of coins. The only drawback is the hardware cost.
On the other hand, investing in ASIC hardware is not unjustified. According to statistics, the average Intel i5 processor will give a stream of no more than 0.9 Mhs per second. Video cards can boast of the highest rate - about 3 Mhs. The leader is ASICs with a block flow rate of 900 MH.
What do these numbers show a beginner miner? For the independent implementation of production based on X11, Asik will be the best option. At the moment, equipment for direct use for Dash is provided by Baikal, Pinidea. The line includes several models with different configurations.
This type of equipment is much more expensive. This option is unlikely to please novice miners. For this reason, we can recommend a number of services that provide cloud mining services. All that is required from the client is a contract and payment for the servers. The advantage of such sites is obvious: they allow you to mine any currency, including Dash, without unnecessary headaches. The mining speed also depends on the user. A number of tariff plans provide for a different flow and, accordingly, payment.
The latter option is the most acceptable for inexperienced clients seeking to simplify the mining process as much as possible. But there is an unpleasant moment here: fraudulent companies offering mining services at incredibly favorable rates. You should beware of such companies, they disappear at the most inopportune moment, taking user money. For this reason, it is necessary to competently approach the issue of choosing cloud equipment.
How do I buy or sell Dash?
The main ways of purchasing electronic currency Dash are:
- exchange online resources;
- cryptocurrency exchanges.
Experienced users remember the times when buying bitcoins was very problematic. Todays Dash allows you to buy currency simply, even for cash.
Lets consider the main ways of exchanging DASH currency for banking transactions:
- A well-known exchange among professional traders. You can buy Dash with a credit, debit card. But there is a nuance: you will have to go through verification. The calculation is made in USD, EU.
- Transfers from cards, SEPA, SOFORT are available. Identity verification is required.
- They differ in a good indicator of the commission. The translation of finished coins will take up to two days.
The easiest way to buy Dash currency is to use classic fiat money. The network is filled with hundreds of platforms that allow this operation. Conversion is performed in two directions: forward and backward. The only drawback lies in the selection of the optimal site, because a large number of scammers have spread over the network. Nicexchanger exchange service is a proven mechanism for buying and selling DASH.
Here are the popular destinations for buying Dash (DASH) on our crypto exchanger :
- Bitcoin (BTC) → Dash (DASH) ;
- Visa / MasterCard RUB → Dash (DASH) ;
- rubles Sberbank → Dash (DASH) ;
- rubles Tinkoff → Dash (DASH) ;
- rubles Alfa-Bank → Dash (DASH) ;
- rubles Yandex Money → Dash (DASH) ;
- QIWI RUB → Dash (DASH) .
And these are the popular directions that allow you to sell Dash cryptocurrency (DASH):
- Dash (DASH) → Qiwi RUB ;
- Dash (DASH) → rubles Yandex Money ;
- Dash (DASH) → rubles Sberbank ;
- Dash (DASH) → Tinkoff rubles ;
- Dash (DASH) → rubles Visa / MasterCard .
Considering the question of how to buy Dash cryptocurrency, one cannot fail to mention the option using a crypto exchange. They offer to buy Dash coins, but in this case we are talking about buying coins for another cryptocurrency - Bitcoins, Ethers and others.
Other options for implementing a virtual coin include:
- Faucet mining ;
- trading;
- launching masternodes;
- cold investments.
The last point refers to the most inexpensive ways to buy coins. The client buys Dash at a favorable price for him, leaves the savings for a while and sells them at the next, good value The disadvantage of this method is the need to regularly monitor the Dash rate. No pros will be able to predict the exact behavior of a crypto anytime soon.
Trading is the most popular. Hundreds of thousands of orders to buy and sell virtual money are executed every day. Using analytical skills competently, the user will be able to make money on the difference between the purchase and sale price.
Fauset method (making money on taps) cannot be attributed to a full-fledged purchase or sale. Here the client must perform certain actions, for which the resource gives rewards. This is a long and difficult process, but some users do not avoid this method of mining Dash either.
Dash to ruble
The value of Dash currency relative to the ruble is constantly changing. There are several reasons for this behavior of coins:
- The popularity of the currency. This feature has already influenced the breaking of the price ceiling in the winter of 2017. Some users dropped out naturally due to the correction. But the crypt is not going to give up positions and is constantly gaining momentum. We have already figured out the reasons for the attractiveness of Dash: quick operations, secrecy, lack of regulatory bodies. These factors not least caused virtual money to fluctuate.
- Regular work to improve the site. Developers are completely transparent in their platform actions. The factor cannot be ignored by users, which increases their number.
- Devaluation of the Russian currency. Temporary fluctuations due to sanctions cannot bypass the mutual value of the two signs. Due to the cheapening of the fiat ruble, Dash naturally gains in price.
The weighted average rate at the current time is 7274 rubles per coin (exchange rate at the beginning of August 2019).
Dash to dollar rate
The American economy is more stable than the Russian one. This relationship cannot but affect the Dash rate in relation to USD. The weighted average value of the coin is around $ 106.
Dash to Euro
The value of the euro has always been the lowest. The current price remains at around 100 euros, or rather 96 EU.
Where to store Dash
This question is relevant for every currency keeper. Making a mistake with a wallet or an exchange is tantamount to losing precious coins, time and nerves. Lets remember a simple example: an accidentally sent SMS or email to the wrong contact. An unpleasant feeling, but in the case of a crypt, these sensations should be multiplied by a hundred thousand. There is no need to entertain illusions: it is very difficult to return the lost funds, albeit by a technical error. Consider the popular ways to store Dash, providing a decent level of security.
It is worth noting wallets in their different implementations. As with Bitcoin, Dash storages are very different:
- Personal wallets on the computer. A common option among novice investors is EDW (Electrum Dash Wallet). It does not support InstantSend and PrivateSend helper functions, so its use for professional needs should be considered separately. The complete set of functions is provided by another option - Dash Core. The software is available for all platforms, including Linux.
- Hardware storage. They provide reliable security of the currency, including all the functionality of the Dash platform. The only situation in which the probability of losing money increases is hacker attacks. But their likelihood is very low, and the hardware has an impressive arsenal of security. This is not the most tasty morsel for a scammer.
- Mobile wallets. There are several options for such an implementation for the popular Android and iOS platforms. Common options for storing Dash are Jaxx, Dash Core, Exodus. But dont forget about the dangers of hacking personal accounts. At the moment, mobile wallets are among the most vulnerable.
Standard vault is very similar to a bank account. It displays the balance, transaction history, current balance. But his work is more like a classic account, which provides for its own problems. The most common one is blocking the wallet in suspicious situations. It sounds strange, but banal suspension of the service will not prevent attackers from gaining access to the storage. The best option is to create a strong password, excluding any information about it on the network.
It is worth mentioning the storage of Dash on exchanges. This is not the best way for this currency. But if the client decided to entrust his savings to the trading platform, it is worth taking a close look at the candidates. There are several reasons:
- unscrupulous platforms engaged in outright fraud;
- the risk of bankruptcy of the exchange without the possibility of compensation for losses;
- hacker attacks. For scammers, exchanges have always been a tasty target.
Only reliable and proven sites can guarantee the required level of security.
How much Dash is total
Statistics show that the Dash cryptocurrency is decreasing the issue of coins by 7.15% every 384 days. This is approximately 210,250 blocks. Comparing the indicator with Bitcoin, you can see that the latter has a sharper correction. Resource depletion is predicted in 2140. In this regard, Dash is a soft currency that takes into account processes and reserves time to prepare the network for new blocks.
Based on an approximate 10% chain reward, we can roughly say how much Dash there will be by 2250 - about 18 million. Given the distribution of the budget among network users, this figure may increase.
Virtual money is built on customer interest. Miners receive coins as a reward, thereby providing hardware power for further computation. Crypta strives to offer customers near-zero transactions. This would be beneficial to all participants, but it causes a tangible imbalance in the market.
Equality of two situations can give a reward for the implemented block. It creates new currency units, thereby avoiding inflation. In practice, the number of new coins decreases over time, but the hardware power of the hardware is constantly increasing. Exponential dependence leads to more difficult mining of new coins.
Dash emission
Virtual money, such as Dash, Bitcoin, is formed by a person using a complex technique - mining. It is a cryptographic solution based on a hash function algorithm. It is executed until a solution to the current complexity of the system is implemented.
Having achieved this, the miner is allowed to create a new unit of crypt, which counts as a chain reward. But so that virtual money does not undergo natural inflation, the reward is gradually reduced.
Despite the similarity of the internal codes of Dash and Bitcoin, the former has a noticeably lower rate of emission changes. It is smooth, gradual. Dash reduces the issue of currency by approximately fourteenth part every 210300 blocks. It is easy to see the pattern: by reducing the reward by a small amount, Dash offers more comfortable emission conditions.
The total supply of Dash coins is not completely clear. It is not known how much of the 10% block reward will need to be allocated to miners. It depends on the voting of the network participants, which is impossible to predict. The estimated range for new coins is 190 years until the annual mining yields only one coin. From now on, an additional 14-15 Dash will be created. The last coin, according to the algorithm, will be generated over 200 years. Based on these data, we can assume the approximate volume of coins:
- more than 17,740,000 Dash, subject to zero budget distribution;
- about 19 million Dash with full distribution of funds.
The approximate distribution of rewards will be:
- 45% - mining;
- 45% - masternodes;
- 10% - platform needs.
The calculation is based on the characteristics of the given crypt. Dash has superblocks that are formed every 30.3 days. They can form up to 10% of the total system volume.
What is Dash backed by
Dash and other virtual tokens are not physically secured. They have no material value, since people pay for the operation in the crypt. Coins are backed up by mathematical operations. Their complexity determines the formation of new coins. It doesnt matter what the value of the Dash currency will be tomorrow - the main thing is what is in the code. He predicts the formation of up to 19 million coins and this figure cannot be changed. Such a system algorithm.
If fiat money is provided with a human resource, then the existence of a virtual unit is the work of a computer. He will never change the rules of the game. For him there are only prescribed rules. The machine will not listen to any client. This situation has its advantages: the controlled infusion of new coins prevents the development of avalanche inflation.
It is worth noting such an important factor as the need for a crypt. Dash costs exactly what market participants are willing to pay. In the process of determining the price, fraud at the state, government level is excluded. The cost is determined only by the ratio of supply and demand. Considering the fact that the emission is controlled at the software level and some coins regularly leave the market, virtual money gains similarity to precious metals - a practical application.
The future of Dash
The system is popular if it allows you to solve real problems. This statement also applies to crypt. Residents of large states like the United States use virtual money for convenience, diversity, or for individual reasons.
Consider Venezuela as an example. Here, Dash crypto users are intensively exploiting the currency due to physical problems. Huge inflation - a few Russian rubles correspond to a large stack of local currency. Exchangers are greatly curtailed in rights - it is almost impossible to get a dollar equivalent. The crypto is really volatile, but compared to the Venezuelan currency, it is mega stable.
This is far from an isolated example. Similar countries will continue to actively use Dash, given its positive aspects. Over time, economically more developed countries will catch up with this process. This is the normal, natural period of crypt transformation.
Analysts think so. Indeed, when compared to other alternative currencies, its characteristics predict a great future for Dash. The credit goes to a team of experienced developers who have taken the best features from the famous Bitcoin and modernized them. The reward in the form of popularity was not long in coming.
The fact that the early years of the existence of the Dash currency allowed it to reach the TOP of electronic assets sounds promising. The price of the coin is gradually increasing, and the market capitalization rates are rising every year. The recent release of Sentinel has had a significant impact on the development of the platform as a whole.
The attention of all cryptocurrency market participants is riveted to Dash. Based on the above facts, we can state: Dash remains an attractive asset for future investments. It can be safely considered as a long-term tool for making money. Confidentiality and security of transactions only increase the interest in working with this coin.
Many experts in the field of cryptographic currencies agree that Dash coin represents the future of virtual money. It is worth noting that such forecasts received very few electronic signs. Future investors have something to think about - maybe it is DASH that will replace the giant Bitcoin and become the main unit on the crypto market.