In 2017, the Dash coin price increased by 8,000% leaving many asking how high Dash will go. Having been around since 2014, it has a longer than most price history, but it is really only from 2017 and the massive price spike, as well as the way it reacted in 2019, that can paint a picture for its price forecast going forward. The Dash trend, like many different cryptocurrency altcoins, has had a wild ride since 2017 to now. Dash’s Price History From 2019, 2020 And Before There is also PrivateSend, a system that helps to maintain fungibility by swapping coins between users as a way to break the traceability of coins making the network safer, as a transaction cannot be traced and the coin’s history cannot be accessed.įinally, the feature that sets Dash apart is InstantSend that allows for transactions with Dash to be almost instant. Some of the more technical key features of the blockchain include Masternodes, which make up a second tier network, and exist on top of the first tier which consists of normal network miners.
This means that Dash transactions are much faster than Bitcoin, something which makes it desirable for everyday usage. The coin has a hard cap of 18 million Dash coins, which is a lower supply than Bitcoin already a good sign for further price rise.īut, unlike Bitcoin, the average block mining time on the Dash blockchain is 2.5 minutes, around four times faster than Bitcoin which takes about 10 minutes per block. So, will the price of Dash go up? Let’s find out! What Is Dash?ĭash has been around since 2014 in one form or another but people still often ask what is Dash cryptocurrency? It was originally called XCoin and came to be when founder Evan Duffield, unhappy with the transaction speed of Bitcoin, decided to found his own coin, with the intention of having faster transaction speeds and more privacy.ĭash is actually a hard fork of Litecoin - and Litecoin forked from Bitcoin originally. Unlike Bitcoin, it is not a coin intended to be likened to a digital gold, but the way it is being used in struggling economies as an alternative currency, and its effectiveness to be used at speed with little cost, means that the next two to 10 years could be massive for Dash.
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