Invest in dash coin12/11/2023 The other purpose is to provide privacy and maximum transaction protection. With a feature called InstantSend due to relatively faster scaling times, transactions can be completed in a short time. The first purpose is to find answers to the high congestion on blockchains and the high fees associated with its transactions. There are two primary purposes for the creation of Dash. As a result, a name change ensued which saw Darkcoin become Dash in March 2015. Its private nature helped facilitate several illegal activities on the internet. To broaden its appeal as a privacy coin, it rebranded itself as Darkcoin in February 2014. As a fork of Litecoin, Dash went by the name XCoin in January 2014. The name “Dash” is a portmanteau of digital cash. Dash uses its token, DASH to power transactions on the Dash blockchain. ![]() ![]() Dash offers a relatively cheaper global payment network.ĭash is the 70th largest crypto platform by market cap.
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