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COINTURK NEWS > Altcoin News > What is Dash Coin?
Altcoin NewsCryptocurrency News

What is Dash Coin?

In Brief

  • Bitcoin (BTC) definitely changed lots of things in the global financial ecosystem. With Bitcoin’s impact, the cryptocurrency ecosystem which is independent of money and governments’ control, has become much more important. Cryptocurrencies such as Dash (digital cash) and other coins made that ecosystem bigger and bigger every day.ContentsWhat is Dash?How does Dash Work?Where to Buy […]
COINTURK NEWS
COINTURK NEWS 2 years ago
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Bitcoin (BTC) definitely changed lots of things in the global financial ecosystem. With Bitcoin’s impact, the cryptocurrency ecosystem which is independent of money and governments’ control, has become much more important. Cryptocurrencies such as Dash (digital cash) and other coins made that ecosystem bigger and bigger every day.

Contents
What is Dash?How does Dash Work?Where to Buy Dash?

What is Dash?

Eric Sammons from Saragossa Group made a talk about Bitcoin and Dash. Even though he started his speech by explaining Bitcoin, he finished it by telling that Evan Duffield, the core developer of Dash showed the courage to improve Bitcoin and he was one member of this small group that can achieve that.

Darkcoin by its former name, Dash differentiated from Bitcoin with its two characteristics. The first one was the Dash was more privacy-oriented and the second was is the Masternode‘s which labeled as a node that is stronger than Bitcoin’s nodes. Because of Masternode’s two-layered characteristics, it was possible to add specifications that wasn’t available for Bitcoin. Darkcoin grew day by day with this advantage but Duffield decided to come up with a new brand name since Darkcoin was used for illegal activities too: abbreviation of digital cash, Dash.

How does Dash Work?

With Masternode’s, every new feature can be made decentralized and valid at the protocol level. Because of these conveniences, features like budget, money management, and transaction velocity have been added to the network.

Sammons told that the Dash can destroy the accustomed and common norms by new and old features that can be added into the network and has the potential to become the money of the future.

Where to Buy Dash?

Dash can be bought from Binance cryptocurrency exchange in a safe environment.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 4 May, 2023 - 2:36 pm 4 May, 2023 - 2:35 pm
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