Dash (DASH) is an open, decentralized platform based on blockchain technology. The main advantages of Dash are the speed, privacy and security of payments around the world.
Dash was previously called Darkcoin and XCoin. But over time, the developers carried out a number of major updates, as a result of which they changed the name and refreshed the brand of the cryptocurrency. The date of the first release of tokens is January 18, 2014.
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Dash – anonymous cryptocurrency
Dash ranks 6th on the list of cryptocurrencies. In total, there are over 7.5 million units of this cryptocurrency, and it costs $ 327 per dash. Bitcoin is anonymous until the owner of the wallet is found.
In the Dash system, it is impossible to track other people’s transactions – transaction data are not published in blocks. On the forums dedicated to the extraction of cryptocurrency, it is said that operators earn twice as much as “miners”.
Transfers to Dash are much faster relative to the same Bitcoin, since the system does not verify the sender and does not collect data about him. This was precisely the key idea of Duffield. Network security is guaranteed by a special Darksend engine, which guarantees anonymity and minimal human participation in the payment.
The system mixes the funds sent with other transferred money, sometimes up to eight times, so tracking is almost impossible, but the amount is remembered clearly and everyone gets exactly as much as they should. Mixing is done by masternodes – special nodes that do not have a common control. Each time you mix these masternodes, several are involved.
The extraction of currency is arranged in such a way that it turns out to be profitable only for ASICs. Owners of ASICs receive 45% of the reward for each decrypted block, the same amount for master nodes, and 10% goes to the platform development fund.
The sender first determines the level of anonymity, the amount of money transferred and manually creates a payment. Then there is a denomination, in which the wallet divides the amount of the transfer into parts.
Where exchange dash to btc converter
Crypto exchanger Godex.io makes it possible to exchange more than 200 crypto coins among themselves with a low commission and absolutely anonymously. To make an exchange, you do not need to provide any data, register or identify yourself in any way. All that is required is to provide the number of the crypto wallet where you want to receive the selected crypt.
What are our advantages
They are:
• At Godex.io, we support the idea of cryptocurrency as a secure and anonymous storage medium.
• At the moment, more than 200 different coins and tokens are available for exchange and we are regularly adding new ones.
• We do not have a limit on the amount of cryptocurrencies to exchange. Change how much is convenient for you at a time.
• We fix the rate at which you made the exchange of cryptocurrencies at the time of the transaction. You will not lose money if the exchange rate changes significantly during the exchange.
Cryptocurrency transactions are already firmly entwined in the modern world, and Dash is certainly one of the most promising here. So you can start studying this cryptocurrency right now. This will help you better navigate the Brave New World.
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