With the cryptocurrency space getting heated up, here comes another development which is bound to bring more enthusiasts to the cryptocurrency fold. Digital currency DASH has crossed the $1000 mark, after starting the year at around $11.00. At present Dash price is trading around $1200, which means that DASH price has gone up almost 109 times in this short a period.
This phenomenal rise is music to the ears of crypto enthusiasts who want to get into the game, which has been dominated by Bitcoin in the recent times. Dash may not be the top 5 cryptos as of now but it is one of the top 10 and is likely to go higher up soon. This could be possible as everyone discovers the tremendous benefits it offers as compared to the other digital currencies.
Dash is built as the digital cash that users can spend anywhere. Using Dash, people can make instant, private payments online or in-store using its secure and open-source platform which is hosted by thousands of users around the world. Dash is one of its kind self-governing and self-funding protocol, where everyone has the ability to propose projects directly to the network. Whatever can be done to improve Dash and make it grow, can be funded.
Most importantly, DASH is the first cryptocurrency that is focused on privacy and is strongly anonymous, with tamper-proof instant transactions. As and when this feature become more popular, DASH price shall continue scaling new heights.
Next, the incentives and regulation on Dash network are better than those of most cryptocurrencies,. Dash has a unique fully-incentivised peer-to-peer network where miners are rewarded for securing the blockchain and masternodes are rewarded for validating, storing and serving the blockchain to users. Masternodes are special nodes which are run by owners with 1000 DASH.
The Dash team is focused on making the use of the digital currency so simple that even grandmothers would use them. And this means a lot. With ‘Dash Evolution’, users can access Dash from any device and transact as easily as they do with PayPal, but in a totally decentralized way.
It is true that at the moment, Bitcoin is taking away all the limelight. But as people get comfortable with digital currencies and take note of the powerful features of DASH, it won’t be long before Dash price may double from here. Read all about it at Dash Price Prediction 2018, where you can learn the difference between DASH and Bitcoin and how DASH, with its faster transaction times and better privacy features, may turn out to be a strong competitor to Bitcoin – the digital gold.