Dash

So, what is Dash exactly, and what is its difference from other currencies?

First making an appearance in 2014 under the name XCoin, the currency with time transformed into Dash - a shorter and more informal version of Digital Cash. Author of the project is Evan Duffield. Just as BTC or any other virtual currency, it is blockchain-based and decentralized, and relies on transactions from peer-to-peer. 

Dash is considered inexpensive (lower fees are applied) and fast, and is used not only in casinos, but also by many online vendors. This type of money is suitable for both individuals and companies. Its transactions are fast, with seconds splitting sender and receiver, and the cost of a transaction sometimes dropping to lower than one cent.

Just as any other cash of the same sort, Dash is stored in a crypto wallet, and its price varies. For more on its current price, you can check out the official resource of the currency.

Getting enrolled in the Dash payments is easy by registering an account at the official resource, downloading and installing an app, and getting some cash by either buying it, receiving from local specialized ATMs, or from peers. This currency, as any other type of digital cash, can also be mined.

Oh, and a valuable difference from Bitcoin...

...is that Dash allows for more privacy in transactions, dividing these into InstandSend and PrivateSend methods. 

• InstandSend’s algorithm found the way to avoid a standard blockchain approval of transaction, instead offering a software to validate funds and to transfer them to the receiver within 1 to 2 seconds.

• PrivateSend methodoffers optional transaction anonymity. 

Tip: Some statistics. On daily basis, Dash is used by over 79,000 addresses, and its payment volume exceeded 1.8 billion.