Dash Introduction: Everything You Need To Know

Dash cryptocurrency has been observed at first as a scam and even that it is aimed towards criminal use. But, when its value kept on going up, users accepted it and even discovered more uses for this cryptocurrency since it was pretty anonymous.

What makes Dash different from other cryptocurrencies is its Masternode network. This network enables Dash to achieve great innovations that other cryptocurrency can’t adopt at the moment, for example, PrivateSend, InstantSend and the budget system of Dash. Its masternode network really tries hard to solve the problems that are holding Bitcoin back and we can see that some of them are even solved now such as privacy concerns, double spending, lack of true governance. But, Dash is still relatively young.

Cryptocurrencies have weaknesses and so does Dash. For example, their team spent so much money and time and also resources to build relationships with exchanges and businesses rather than focusing on directing all resources on enabling Dash to be used as a currency in the real world. If this happened, a lot of businesses would like to invest in Dash. Also, there is another problem with the acceptance of Dash. Still, too small of a number are using Dash and using it in everyday life is still not a reality.

In May 2017 Dash reached $1 billion in market cap and was officially accepted as a very successful cryptocurrency. In 2017 Dash had a great year. It has grown by more than 4,900 percent and reached a high of $1.279. If you see the price charts for Dash, you can see that exactly that kind of trend in the price growth is what you want. Also, more and more new consumers want to start using Dash for daily use because of its bigger privacy and faster transaction time.