heyy guys here is why i think dash is the currency wit max potential......

Ever since the end of December 2016, when Bitcoin crossed the $1000 mark, cryptocurrency investment has gone crazy.

At the end of 2016, the cumulative cryptocurrency market stood at $17 billion. Now at the time of writing, it’s at a whopping $110 billion. This a tremendous growth of +500% in just six months.

Is it a bubble waiting to burst? Or is this “Internet of Money” thing real?

I believe it’s real.

Just like how the internet made content and information decentralized, the same is happening with money.

Bitcoin’s blockchain technology is making money decentralized.

However, as Bitcoin is just the first application of digital currency, it is obviously going to have some fundamental flaws.

One such flaw which Bitcoin doesn’t solve is that of private and anonymous transactions.

This drawback of Bitcoin has given birth to a new breed of cryptocurrencies called Anonymous Cryptocurrencies.

And Dash is one of the contenders in this new breed.

Dash – Digital Cash is one of the most promising alternative coins to Bitcoin.

What is Dash?

Dash is unlike other cryptocurrency projects like Ethereum or Stratis which are more of a development platform.

Dash advocates itself as peer-to-peer decentralized electronic cash. It intends to be as liquid as real cash which we use in our respective countries like USD/GBP/EUR/INR or CNY.

Dash is built upon Bitcoin’s core code with the addition of new features (such as privacy and quick transactions).

Like BTC, Dash is open-source and has its own blockchain, wallet infrastructure, and community. But unlike BTC, its transaction fee is negligible.

Moreover, it looks like from the attitude of the development community that Dash will only remain as digital money for the internet, which is a good thing.

When And Why Was Dash Created?

Dash was created three years ago on 18 January 2014 by its developer Evan Duffield.

Dash was originally released as XCoin (XCO). In February 2014, the name was changed to “Darkcoin”. And on 25 March 2015, Darkcoin was rebranded as “Dash”.

Evan Duffield came across Bitcoin in 2010 and was impressed by its technology. But he soon realized that Bitcoin was not private and fast enough.

He had many ideas on how to make Bitcoin anonymous, but he knew that Bitcoin’s core developers wouldn’t allow him to do so, as the core’s code would need to be changed for this.

So to change this primary drawback of Bitcoin, Evan decided to use Bitcoin’s core code and build his own cryptocurrency- this is what we know of today as Dash.

Why Choose Dash?

• PRIVATE

Keep your payments private so nobody can track you, your transactions and balances are nobody’s business. With Dash’s ahead- of- time anonymization, only you have access to your financial information.

• INSTANT

Dash harnesses the power of its Masternode network to power an innovative technology called InstantX. When sending money, users can select the “Use InstantX” box in their wallet, and transactions will be fully sent and irreversible within four seconds.

• SECURE

Advanced encryption and a trustless protocol for complete security in your payments and anonymization process.

• GLOBAL

You can send money anywhere in the world with the same low fees and the same speed as if you were sending money next door!

• LOW - FEES

Most transactions only cost a few cents to send, which is considerably cheaper than services like Western Union, PayPal, or Moneygram.

• HOW TO GET A DASH DEBIT CARD
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  SpectroCoin offers Bitcoin prepaid cards, which can be used at any ATM around the globe or shops as an ordinary payment card.

The SpectroCoin VISA Debit Card is funded instantly, so you do not have to worry about exchanging your bitcoins in advance.

The card can be denominated in dollars (USD), euros (EUR) or pounds (GBP).

SpectroCoin offers Bitcoin prepaid cards, which can be used at any ATM around the globe or shops as an ordinary payment card.

The SpectroCoin VISA Debit Card is funded instantly, so you do not have to worry about exchanging your bitcoins in advance.

The card can be denominated in dollars (USD), euros (EUR) or pounds (GBP).

Pay with bitcoins wherever you want. SpectroCoin bitcoin debit card is accepted everywhere where MasterCard or VISA is accepted. That includes automated teller machines (ATMs) for cash withdrawal, online sites, and physical shops. This Bitcoin debit card can also be linked to PayPal or any other online wallet.

Virtual and physical bitcoin debit cards are available. Virtual bitcoin cards are issued instantly and can be used to spend bitcoins anywhere online. Physical bitcoin cards are delivered within 1-4 weeks and can be used to spend bitcoins anywhere physically and online.

Instant loading. Bitcoin debit cards can be loaded immediately from SpectroCoin wallet.

No verification required. To simplify the process, you are not obliged to complete verification immediately. However, to benefit from higher debit card limits, you will have to verify your account.

Cards in several currencies are available. USD (dollar), EUR (euro) and GBP (pound) cards are issued.

Multiple digital currencies this debit card can be funded with various digital currencies including Bitcoin, DASH and more.

Low fees are guaranteed for SpectroCoin bitcoin debit card holders. The dollar, euro or pound denominated debit card costs 9 USD/8 EUR/6 GBP respectively. There is also no loading fee.

Unlimited lifetime withdrawals and deposits to the bitcoin debit card for verified cardholders. Other limits also being high.

• PEER- TO- PEER

Like bittorrent, Dash is a fully decentralized peer-to-peer (P2P) network. Because of this, you don’t have to trust a bank or other centralized service. Everything stays between you and the other party in the transaction.

• MASTERNODES AND PROOF-OF-SERVICE

In addition to traditional Proof- of- Work (PoW) rewards for mining Dash, users are also rewarded for running and maintaining special servers called “Masternodes”.

What are Masternodes?

Simply put, Masternodes provide much of the necessary infrastructure to the Dash network. Most people are familiar with the single-tier network that Bitcoin utilizes. Users broadcast transactions to the network, and when miners discover a new block, they incorporate all those transactions into the blockchain.

Each block that is added to the blockchain is considered one “confirmation,” but transactions are not considered to be fully “cleared” and irreversible until they receive at least six confirmations. With an average blocktime of ten minutes, Bitcoin transactions take about an hour to fully confirm!

Dash takes things a step further by utilizing a two-tier network. The first tier works in the same way as Bitcoin: miners find blocks and post transactions to the blockchain. The second tier, comprised of special servers called Masternodes, enables additional features such as instant transactions (InstantX), private transactions (Darksend), and decentralized governance and budgeting.

Anyone can run a Masternode, but in order to do so, the user must prove that they own 1000 DASH. This is to prevent so-called “Sybil attacks” on the network. The 1000 DASH is not locked or consumed--a Masternode owner can spend that 1000 DASH anytime he/she wants, but doing so will result in the Masternode turning itself off. Masternodes are typically hosted on virtual private servers (VPS) run by companies such as Amazon Web Services, Microsoft Azure, Vultr, and others.

People are incentivized to run Masternodes because they receive a portion of the reward when miners find new blocks (45% of the block reward goes to miners, 45% goes to Masternodes, and 10% is used to fund Dash-related projects via the decentralized budget system). The return on investment is currently about 15% (over the course of a year, you will earn approximately 150 DASH from running a Masternode).

At the time of this writing, there are 3400 Masternodes in 22 different countries. This provides a high level of decentralization due to the impossibility of one user gaining control of enough Masternodes to deanonymize transactions.

X11 Chained Hashing Algorithm

X11 is a widely used hashing algorithm created by Dash lead developer Evan Duffield. X11’s chained hashing algorithm utilizes a sequence of eleven hashing algorithms for the proof-of-work. This is designed to increase the decentralization level of the currency by making ASICs difficult to develop.

The crypto community has seen the increasing levels of centralization within Bitcoin that have come about since Bitcoin ASICs were implemented and Dash is trying to avoid that. Another benefit of the X11 algorithm is that GPUs require approximately 30% less wattage and run 30-50% cooler than they do with Litecoin’s Scrypt algorithm.

What is DarkSend?

The Dash client stores pre-mixed, denominated Dashs in the user’s wallet, to be used instantly at any time the user desires. The mixing and denomination process is seamless, automatic, and requires no intervention on the part of the user. Here’s how it works:

Every 10 blocks, all user clients network-wide will send any unmixed, Dash in their possession through an anonymization phase. In this phase, Masternodes are used in chained succession to mix the coins they receive from the network and break them down into homogenous denominations. After being processed by a minimum of two Masternodes, the coins are either sent to the next Masternode in the chain or back to the user’s wallet at randomly generated change addresses.

Please note that at no point in the process do a user’s coins ever leave his/her control. They will be sent to different addresses within the wallet, but they never leave the user’s possession.

Depending on the desired level of privacy, users may select between two and eight “rounds” of mixing. The desired mixing depth can be selected in the client GUI.

At the end of the anonymization phase, the user’s coins are returned to their client at a randomly generated change addresses. When the user wishes to make a transaction, the client forwards the intended amount from these anonymous change addresses directly to the intended receiver’s address.

How To Buy Dash?

Buy Dash from Changelly

One of the easiest ways to get ahold of your first Dash (DASH) is to get it exchanged from Changelly.

Changelly is an instant exchange where you can exchange various cryptocurrencies. Changelly currently supports 55 cryptocurrencies (including Dash).

You will require the following things:

Your Dash address where you would like to receive your Dash.
Some BTC/LTC or any other supported crypto to exchange for Dash.

Head toward CoinSutra’s Cryptocurrency Exchange – Changelly and follow the steps given in this guide.

Note: Though this guide shows you how to buy Ripple in exchange for BTC, the process is exactly the same for buying Dash.

Buy Dash from Exchanges

Changelly: Fastest way as listed above
Bitfinex – USD supported and offers mobile app
CEX.io: Another popular website to buy Dash using Credit/debit card
Kraken – Euro and US dollar exchange.
HitBTC: Popular exchange
Bittrex – Cryptocurrencies exchange.
Coinpult – Online exchange supporting USD/EUR/GBP.
Livecoin – Online exchange supporting wire transfer (SWIFT).

Now that you have bought Dash, let’s put those coins in a wallet.

Word of advice: Don’t store your coins on exchanges for a long time. A couple of days is fine, but in general, this is a very bad and risky practice.

well guys i think thats enough information to start investmentin dash...I hope u guys liked my post keep voting and resteem if u like ty all :)