Dash: The latest cryptocurrency gaining traction

Dash allows instant payments through the network with a level of security higher than other cryptocurrencies

The Masternode requires a crypto-test from users that hold over 1,000 Dash

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Sharecast News | 14 Dec, 2017

Updated : 14:55

Blockchain is the base of the cryptocurrency boom. Although Bitcoin is the most famous of these currencies, it is not the only one. Dash is one of the many alternatives, but it has one key difference from the rest of the new currencies springing up.

Dash is the one of the first decentralised cryptocurrencies which is becoming an accepted form of payment in the business world. This digital coin allows instant payments on a network to network basis and in brick and mortar outlets, and most foreign exchange bureaus will also accept it.

Based on P2P (peer-to-peer), Dash offers a second level of security thanks to the ‘Masternode’, an evolution of conventional nodes used by Blockchain. Users must take a cryptographic test where they have to manage the nodes with at least 1,000 Dash. This is done in order to maximise security against attacks known as ‘twins’, which makes them very difficult to operate, converting the currency in the safest and most anonymous way.

Forex markets are known to be subject to volatility, which making this type of investment very popular among investors that want quick results. That said, most professional investors say that diversification is key in order to manage risk levels.

One good option for diversifying your investments is the eToro platform. With over six million members making up the community, the user can combine their investment in Dash and other cryptocurrencies with commodities, indices and stocks. As well as that, they can follow investment strategies from seasoned experts specialising in certain assets so they can learn from them and replicate certain strategies.

On top of these benefits, eToro offers new members a virtual portfolio of 100,000 dollars to try out their strategies alongside other members of the community with no real money to be lost. The eToro platform is 100% reliable and offers a completely private and secure setting, where users can keep their account segregated.

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