What is Dash coin (dash)?

Dash (DASH) is a coin based on X11 algorithm. It’s a system which consists of 11 chain hashing algorithms for the-proof-of-work. Another feature of Dash is Darksend, a special scheme which allows you to always stay anonymous. Dash is designed for powerful CPUs.

What is the difference between Bitcoin and Dash?

Unlike Bitcoin, Dash’s network can fund itself to make further improvements on the DASH technology. Dash, where ‘ Dash ’ is a mixture of the words ‘ Digital ’ and ‘ Cash ’, was released on January 18, 2014, as “Xcoin (XCO)” by Evan Duffield.

Is Dash a secure cryptocurrency?

So, Dash can be considered secure, unless a bug gets created in the technology itself, similar to what happened during the launch of Dash. This is often referred to as “ Instamine controversy ”. When Dash launched, 2 million Dash were mined within 48 hours of the launch. If you recall, only 18 million Dash can ever be mined.

What is the difference between Litecoin and Dash?

Dash and Litecoin are two separate cryptocurrencies with distinct features. With Dash focusing on privacy-based transactions while providing instant payments to anyone in the world.