Dash is a decentralized digital currency that is used as a universal means of payment. Dash was launched in 2014 as a fork of Litecoin. Dash has a total market cap of $920 million as of the time of writing this article.
Dash gives you the freedom to move your money anyhow you want, anywhere you want and to anyone you want to.
Dash is the most secured blockchain-based payment platform and it has projections of reaching the $1000-dollar mark before the third quarter of 2021 by some analysts.
Many crypto-analysts have arguably stated that Dash is a cryptocurrency way more advanced than bitcoin, and here is why there say so;
Transaction block time
The major problem that was facing the cryptocurrency-world was the delay in confirmation of transactions. Bitcoin takes an average of 10 minutes to process a single blockchain, Dash on the other hand processes more than 10 blockchain transactions within seconds, all thanks to the masternode system invented by Dash that enables rapid confirmation of transactions within seconds. This is why companies like Craypay prefer Dash as a substantial means of payment, customers need not to wait long before their transactions are completed.
Highly secured cryptocurrency
Dash is undoubtedly one of the most secured cryptocurrency means of payment, because unlike Bitcoin, Dash uses technological innovations like Chainlocks.
Chainlocks guarantee adequate security of Dash protocol, thereby ensuring Dash transactions are impermeable to cyber-attacks, hacking etc. Users can therefore be 100% assured of the safety of the cryptocurrency.
Lower transaction “GAS-FEE”
Bitcoin with the likes of Ethereum have over the years multiplied their transaction Gas-fees (more than 40% increase), Bitcoin’s average transaction fee as of the time of writing this article is currently at $17.08 up from $0.5638 one year ago and this has been speculated by some analysts to increase further.
When compared to the $0.0032 Dash transaction fee, one could see that the Gas-fee charged by Ethereum and Bitcoin is unnecessarily outrageous.
Latest revolutionary updates
Dash CEO has of recent announced the release of the new Dash platform on testnet (on 1st January 2021), one of the extraordinary features of the new Dash platform is the replacement of the old long wallet-address with the latest “USERNAME FEATURE”, this simply means that users can now use their preferred unique username as their wallet address rather than the long boring old-fashioned wallet address. This and many more interesting features have been added to the new Dash platform.
Summary: Dash is a cryptocurrency making a great positive impact in the lives of many people around the world. It has a way of making life easier for its users by incorporating into its platform many useful features like; The username feature, low transaction Gas-fee, instant send/receive. When compared to Bitcoin, apart from the total market of Bitcoin, Dash has proven without doubt to be the best option for both rich and the poor in the society.
@Ahanonu publications 2021, visit www.dashnation.com for more info.
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