Review on Dash by Mr Benji

Name: Dash
Item: Dash
Rating: 5

June 16, 2019

Dash, Darkcoin, Xcoin ?!

- Unlike Bitcoin and other cryptocurrencies, Dash does not work on classic blockchain - it has its own, unique transaction system.
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Hard start - 
Digital currency Dash was created under the name XCoin on January 18, 2014. Ten days later, it was dubbed Darkcoin - and finally at the end of March 2015 it got its current name. It is the abbreviation of digital cash and clearly indicates the ambition of its creators: to create a strong, globally recognized cryptocurrency.

Immediately after launching the currency, cryptocurrency miners extracted a tenth of the final amount of cryptocurrency within two days (set at 19 million Dash units). The miners refused to reclaim the extracted unit - they exchanged the acquired Dash for other altcoins and basically initiated the launch of the cryptocurrency.
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Advantages - Dashe's functional design is based on the Bitcoin principle. But there are several differences; the key difference is encryption built on a two-layer network. On one layer, the transaction is confirmed (through masternodes), on the second layer is the management and maintenance of servers. Miners are rewarded for their operation - not for encrypting individual transfers.

A great advantage is the complete system anonymity. The sophisticated PrivateSend mode can hide the sender's address and transaction history of the converted currency. Transaction verification is a 4-second issue with Instasend.
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Updated 5 years ago

Rating has not been changed

- Dash Ends 51% Attacks With New Release, Enables Instant Transactions CRYPTO
- More work on Dash Platform Query Syntax & State Transition Concurrency
- New UI complete for PIN and Welcome screens for DashWallet
- Send, Accept, and View Contacts added for DashWallet Android for Evolution
- A vulnerability has been found in DASHWALLET DON'T USE IT FOR NOW
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