DASH has had an incredible year so far and quickly became the 5th largest cryptocurrency (according to Market Cap.)
It was recently featured in many headlines because the App Store finally re-allowed Dash to offer their app there!
But what exactly is Dash and what makes it different from other cryptocurrencies?
Overview
Name: DASH
Market cap: $1,588,982,907 (Top 5)
Current price: around $213
Launched: 2014
Mission Statement: "Dash is Digital Cash - A revolutionary digital money system."
- Website -
What is Dash?
Dash actually launched in 2014 as Xcoin, was then renamed to Darkcoin, and finally rebranded to DASH.
Dash - short for digital cash - aims to be a simplistic payment solution where users don't need any prior knowledge of cryptocurrency.
It is often compared to a faster, more user-oriented Bitcoin.
Dash is Digital Cash You Can Spend Anywhere.
Use Dash to make instant, private payments online or in-store using our secure open-source platform hosted by thousands of users around the world.
They offer totally secure wallets, instant payments to other users and a self-governing, self-funding protocol.
You can use DASH directly to purchase items at certain vendors, trade it at the biggest cryptocurrency exchanges, buy DASH at ATMs or even use the Dash-Visa debit card at all visa-accepting retailers.
Dash also offers one of the largest peer-to-peer networks in the world, with over 4600 Masternodes.
The cryptocurrency has seen an incredible price increase this year - it started out with just over $10 in january and is now valued over $200!
They have surpassed the $1 billion market cap milestone at the end of may, and have risen to the top 5 of the largest cryptocurrencies in the world.
Dash and the App Store
About 1 year ago, Dash submitted their official wallet application to the Apple App Store - but Apple didn't allow it.
They claimed that Dash was inappropriate and not an established cryptocurrency yet, and that they took down the app due to security concerns.
Now, on July 20 this year, Apple has finally changed their mind and reversed their decision.
It seems like Dash's partnerships with big firms and their rise to over $200 a coin this year has proven that it's worthy to be on the app store.
“Apple is in a difficult position. Ultimately, they are attempting to look out for user safety by preventing less reputable projects from accessing the Apple Store. Apple has shown a willingness to allow worthy digital currencies into their platform, but that requires an incredible amount of due diligence. We asked Apple to reconsider Dash’s status because we have a compelling story of continued growth and innovation. [...] Additionally, we want to meet our users’ demands, and support on Apple products ranks at the top of the list of our user wishes.”-Dash Core CEO Ryan Taylor about Dash and the App Store
Since this announcement just a few days ago, DASH prices have soared.
Being featured on the App store, one of the world's biggest market places, has definitely increased their popularity!
How can you use Dash?
Of course the easiest way to use dash is via their mobile application.
Like mentioned above, you can instantly send payments or use it to pay directly at certain vendors.
You can download the different Dash wallets here.
There are different desktop- and mobile applications to choose from, as well as hardware- and paper wallets.
You can also mine Dash, or exchange your crypto holdings for dash at major cryptocurrency exchanges like Poloniex, Bitfinex, Btc-e and more.
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