What Is Dash Crypto Used For. Dash is a cryptocurrency with a high level of security and anonymity. Dash focuses primarily on privacy and transaction speeds.
Dash is a leading crypto in digital payments globally with a huge user adoption in venezuela and growing acceptance on the african continent. Dash focuses primarily on privacy and transaction speeds. It was developed by evan duffield in 2014 and, according to the founder, is the first crypto currency that can be used as digital cash.
But dash would go on to differentiate its technology considerably in the wake of its 2014 launch, adding new features meant to make transactions work more like traditional online payments.
Dash utilizes a unique network architecture consisting of both regular miners and privileged machines called masternodes. The dash system splits the reward in three ways. Unlike bitcoin which is popular as a store of value of trading medium and ethereum which is a popular ico platform launcher, dash aims to be an actual payment method. According to the project's white paper , dash seeks to improve upon bitcoin (btc).