Bitcoin vs DASH – A Comparison Review

The dominance of one cryptocurrency is obvious – Bitcoin, being the king, has been leading the pack but it seems there are other digital currencies that people should consider – like DASH. Like most cryptocurrency users are very knowledgeable of, there are various currency groups that should be taken into account.

The dominant cryptocurrencies all offers something that’s likely different, though several are mostly clones that are copy-pasted. There is some big difference however between those dominant cryptocurrencies, because if not the difference between would be insignificant to discuss about.

Bitcoin’s Reign

After some lows in 2015 Bitcoin has been headed upwards, first steadily, and then dramatically as of this year. Yes, bitcoin’s success is impossible to ignore. Although bitcoin has problems also that needs to be addressed like privacy and scalability, it has been the leading cryptocurrency in the world with relative ease. Bitcoins is fashioned to boost financial inclusion and possibly make global transactions. Furthermore, a great number of merchants worldwide are starting to accept bitcoin as payments, both in offline and online world.

There is increasing legal recognition, a growing usability, and acceptance, while the original, political reasons leading to Bitcoin’s popularity are strong as ever. Bitcoin, it has proven that currently in the upcoming digital age it’s the best product as the store of value which is most secure, easy to move, liquid with the very limited supply of 21 million.

Here Comes DASH – Is it Next in Line?

Dash (DASH) is a next-generation digital currency based on the Bitcoin software.

It aims to be the most user-friendly and most on-chain-scalable cryptocurrency in the world. On top of Bitcoin’s feature set, it currently offers instant transactions (InstantSend) and private transactions (PrivateSend). It operates a self-governing and self-funding model that enables the Dash network to pay individuals and businesses to perform work that adds value to the network.

It aims to be the most user-friendly and most on-chain-scalable cryptocurrency in the world. On top of Bitcoin’s feature set, it currently offers instant transactions (InstantSend) and private transactions (PrivateSend). It operates a self-governing and self-funding model that enables the Dash network to pay individuals and businesses to perform work that adds value to the network.

One of the major thing that Dash work well is giving its users an added privacy upon completing transacitons. The Dash Masternodes network gives these services, while incentivizing as well the users in order not to spend their balance in the wallet. To add, Dash is forming quite an impact with regards to the industry of point-of-sale, through strategic partnerships. With all the things considered, Dash gives helpful service to people aiming for those traits specifically.

Dash was recently listed on Qryptos and Quoinex. The former is a cryptocurrency-only trading platform. The later is a crypto-fiat exchange. Both platforms are owned and operated by Japanese startup Quoine.

The listing means that Dash will be available for trade against several notable currencies. Among them are the Japanese yen (JPY), and the euro (EUR). It could potentially become available to trade against other minor currencies as well. For example, the Hong Kong dollar (HKD), the Singapore dollar (SGD), the Indonesian rupiah (IDR), the Indian rupee (INR), and the Philippine peso (PHP).

Last but not least, this would make Dash available to trade against cryptocurrencies like Bitcoin Cash, and Ethereum.