For many, the issue of personal finances is extremely important, what can mean the difference between being able to live comfortably and luxuriously, and having to eat very cheap food to survive the month.
Given this, we must be smart with our personal economy; Each expense must be taken very seriously, and each small amount of money that falls into our hands must be considered through a spending plan that involves being able to cover your basic needs.
When this is covered, we can see a big difference in how our month unfolds financially, and even see a difference in our savings. But it’s not just about saving and cutting expenses, it’s also about making smart investments; substantial investments that guarantee exactly what we are waiting for. But, this is not always possible. However, today there are tons of people making a particular investment, that of cryptocurrencies.
Since Bitcoin started to boom in the market and popular culture, and since it even surpassed the price of gold, many have started thinking about how they can enter the cryptocurrency environment and make a profit in a short time. But, in order to do this, you have to know a little more about the different cryptocurrencies that are available today. And, if you are a person looking to invest in a new cryptocurrency or simply entering the world of investments of the same type, you may want to invest in Dash.
What is Dash?
Dash is a cryptocurrency, as well as a software project that turns out to be totally open source, based on bitcoin. As well as the latter, the Dash is fully decentralized, that is, it is not governed by any bank or financial entity, not even by any Government, much of its price is based on the investments of the same users, as well as the demand and offer currently on the market. Although, of course, there are other small factors that influence the cost of this cryptocurrency, as well as that of the others.
Despite the fact that Dash has Bitcoin as its biggest inspiration, it has colossal differences from the previous one. The most important is how the peet-to-peer system works, since it has two levels; The first being that of the miners, who help to provide security to the network, and are in charge of maintaining the record of blockchain transactions; and the second level is that of the master nodes.
Probably what differentiates Dash from Bitcoin the most is the use of master nodes, a consensus system in which people in particular take care of special cryptocurrency services such as PrivateSend and InstantSend. Likewise, these same participate in a kind of governance of the system, and also obtain almost half of the amount of Dash that are mined.
This is a fairly intelligent system, which allows certain people to maintain an order within the delicate ecosystem that can become a cryptocurrency if it gets out of control with the services they provide, as is the example of Dash.