Published On: Thu, Jul 28th, 2016

10 Things You Need to Know About Dash

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Nearly any cryptocurrency — especially Dash — could be expanded on for hours without ever repeating one’s self. But when it comes to the basics, all necessary information is short and sweet. These 10 points are must-knows about Dash, and everything else is small details.
Also read: ‘Terminator Plan’ Calls Bitcoin Governance into Question
All points are covered in this short video:

10 Things You Need to Know About Dash
1 — Dash was launched in January 2014 – then called Darkcoin – by developer Evan Duffield, whose ideas about privacy didn’t find much traction among Bitcoin’s core developers. Hence the coin’s distinguishing feature: a protocol-level, trustless mixing service called DarkSend, soon to be re-branded as PrivateSend.
2 — Because it has a Bitcoin codebase, Dash is compatible with all existing merchant, exchange, and wallet software that’s previously been written for Bitcoin.
3 — Since launch, Dash has successfully implemented a function called InstantSend, which offers a confirmation within an average of 1.3 seconds to users who choose to pay the fee.
4 — The network’s block time is every 2.5 minutes and its mining difficulty is able to be adjusted up to every single …

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