Dash: a Superior Digital Currency, Bringing Value to the Bitcoin Economy

Dash: a Superior Digital Currency, Bringing Value to the Bitcoin Economy

Dash is a second generation digital currency that fixes some problems inherent in first generation digital currencies like Bitcoin. Dash is short for “digital cash,” and just like cash, transactions are private, instantaneous and secure.

Decentralized digital currencies, or cryptocurrencies, represent a new kind of money that provides users with a number of substantial benefits over traditional types of money. These currencies have only been in existence for a few years, but are already reshaping the financial services industry in profound ways and enabling users with entirely new ways of storing and using money.

You probably know Bitcoin, the first digital currency created by Satoshi Nakamoto. Dash is similar to Bitcoin, but with a number of added benefits and capabilities. Dash is digital cash. More importantly, you’ll see that Dash is a technology leader in the digital currency space, with a rapid pace of deploying new innovations. The Dash developers have delivered a number of “firsts”, such as the first privacy-centric transaction system, the first to enable nearly instant payments, the first to enable user governance, the first to create a sustainable self-funding model, and many others

Dash also represents a new area of opportunity for people and businesses all over the world. It greatly facilitates international trade as a digital currency can be sent immediately, anywhere in the world with almost no fees, and easily transferred to a local currency. Furthermore, they are already understood and used by many people around the world, and beat other payment systems when you want to transact online. Moreover, Dash allows for instant transaction confirmations which mean a money transfer can be sent and fully secured in a matter of seconds.

And these are just a few of the advantages. Evan Duffield (Inventor and Head Developer) and the team behind Dash are excited to present this introductory video explaining how Dash can change the way we do business and interact with each other in the future.

Dash - True Digital Cash

Related News

DASH Goes Up 20% After Lamassu Integration Approved

DASH, the Privacy-centric, ‘instant’ cryptocurrency with the 5th largest market cap, has announced an integration plan with Lamassu, “the largest BTM network” in the world, bringing the price of DASH up by about 20%. On December 28th, Evan Duffield, Lead Developer of DASH, published January 2016’s budget proposal on the official DASH forums. The budget proposal is part of DASH’s decentralized governance system. Every so often, a budget proposal is submitted to the blockchain, anyone can do this. If enough Master Nodes vote on it, it passes and the proposal gets funded from a portion of the....

Dash Increases Its Block Size as Founder Confirms Instantaneous Transactions

As the #3 cryptocurrency in the world for consumer payments behind Bitcoin and Litecoin, Dash is in the spotlight for doubling its blocksize (from 1 MB to 2 MB) recently. Furthermore, the alternate currency claims to be superior to Bitcoin in a number of ways such as: aiding in better person-to-person commerce  due to its instantaneous transactions; a rewarding structure that includes a portion to pay for the development of the network and distributing Dash governance to a far more wider pool that includes an instant vote for all stakeholders who run a node of 1,000 Dash or more.....

Evan Duffield of Dash (Darkcoin): Dash will position itself as a direct competitor to Bitcoin

Since early in 2013, Darkcoin has been a permanent fixture in the daily digital currency news. From Darkcoin's initial meteoric rise, quickly reaching a USD value of $15, to the level of security and innovation it provides for privacy seekers, to the failures and triumphs of the "Masternode Network", Darkoin has been almost as interesting and intriguing as Bitcoin itself. And 2015 is shaping up to be a year of rebirth for Darkcoin, which is now Dash. We discuss the state of Dash, and the digital currency industry, with core developer Evan Duffield here on CCN. Interview with core developer....

Atlanta’s Blockchain Enthusiasts Take an In-Depth Look at Dash

At the most recent Blockchain Atlanta gathering, attendees were treated to an in-depth presentation on Dash by founder and lead developer Evan Duffield, and myself — Amanda B. Johnson — host of DASH: Detailed. We covered why a foundation of governance and funding is crucial to pursuing the blockchain’s first app, “currency,” and how Dash plans to be first-to-market with layperson-friendly digital cash via a product called “Evolution,” coming in 2017. Explaining Dash in Atlanta. I lead the presentation with my own story of discovering Bitcoin,....

Evan Duffield Announces DASH Evolution as a Social Market

Lead developer Evan Duffield discussed the open source development plan for DASH Evolution during LaBitconf 2015. The next stage of DASH development will be featuring decentralized social data storage, social network functionality, an identity system, a decentralized API and more. During an interview with DisrupTek.info at LaBitconf 2015, Evan Duffield got into depth about the future of DASH development, aimed to bring "Paypal-like" functionality to the digital currency with notable advancements in ease of use. Below are some off the highlighted features announced and a general idea of how....