![]() ![]() So to change this primary drawback of Bitcoin, Evan decided to use Bitcoin’s core code and build his own cryptocurrency- this is what we know of today as Dash. He had many ideas on how to make Bitcoin anonymous, but he knew that Bitcoin’s core developers wouldn’t allow him to do so, as the core’s code would need to be changed for this. But he soon realized that Bitcoin was not private and fast enough. And on 25 March 2015, Darkcoin was rebranded as “Dash”.Įvan Duffield came across Bitcoin in 2010 and was impressed by its technology. In February 2014, the name was changed to “Darkcoin”. When And Why Was Dash Created?ĭash was created three years ago on 18 January 2014 by its developer Evan Duffield.ĭash was originally released as XCoin (XCO). Moreover, it looks like from the attitude of the development community that Dash will only remain as digital money for the internet, which is a good thing. But unlike BTC, its transaction fee is negligible. Like BTC, Dash is open-source and has its own blockchain, wallet infrastructure, and community. ![]() ![]() It intends to be as liquid as real cash which we use in our respective countries like USD/GBP/EUR/INR or CNY.ĭash is built upon Bitcoin’s core code with the addition of new features (such as privacy and quick transactions). Dash Cryptocurrency – Private, Secure, Fastĭash is unlike other cryptocurrency projects like Ethereum or Stratis which are more of a development platform.ĭash advocates itself as peer-to-peer decentralized electronic cash.This article is your one-stop shop for all you need to know about Dash. This drawback of Bitcoin has given birth to a new breed of cryptocurrencies called Anonymous Cryptocurrencies.Īnd Dash is one of the contenders in this new breed.ĭash – Digital Cash is one of the most promising alternative coins to Bitcoin. One such flaw which Bitcoin doesn’t solve is that of private and anonymous transactions. However, as Bitcoin is just the first application of digital currency, it is obviously going to have some fundamental flaws. Just like how the internet made content and information decentralized, the same is happening with money.īitcoin‘s blockchain technology is making money decentralized. Is it a bubble waiting to burst? Or is this “Internet of Money” thing real? This a tremendous growth of +500% in just six months. Now at the time of writing, it’s at a whopping $110 billion. Ever since the end of December 2016, when Bitcoin crossed the $1000 mark, cryptocurrency investment has gone crazy.Īt the end of 2016, the cumulative cryptocurrency market stood at $17 billion. ![]()
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