Darkcoin and anonymity. Why crypto lovers value Dash.

Choose Darkcoin to stay anonymous

You can often hear about the anonymous character of Bitcoin, but actually it is not so. It is just hype, but only those who have better understanding of how everything works are aware of it. The participant of transaction is easily tracked when needed. It means that the currency can’t be praised for its anonymity. But there is nothing to worry about. If it is so important for you, there is better solution. Darkcoin is a crypto currency, which is really anonymous and not just claimed to be the one. The feature is highly valued by people.

What is common between this virtual cash and Bitcoin? Both coins are based on POW principle. However, the way it happens makes the cryptos differ. Dash was developed with big improvement. Its script was enhanced with more hashing functions. In general, there are 11 rounds of them. Therefore the mechanism of Application Specific Integrated Chip is not so feasible any longer.

There is also special approach to difficulty and reward for blocks in mining. The difficulty changes with use of new algorithm developed for Dash. It is called Dark Gravity Wave.  

Darksend is a special program, which makes the currency anonymous. BTC users can be tracked when they make transaction. Such thing is impossible in Darkcoin due to Darksend work. When BTC transaction is performed, the wallet of the sender is connected with other wallets forming the chain. Therefore, it is very hard to preserve real anonymity. But the program Darksend copes with the task easily. It mixes coins of different users together so that it becomes impossible to track the Darkcoin wallet of the sender. It hides the source of money.

Its security can’t be compared with any other coin. The potential is great. Though it is not as successful as BTC, which is a king of cryptoworld, it has a lot of advantages. Therefore many governments will never accept it. They just lose control over the sector of digital cash if it becomes a widely spread coin.

Some users want to earn on the coins and look for Darkcoin pool to mine more coins. Apart from the right mining pool, the person with better graphic card will generate more coins throughout the mining procedure. Use mining Darkcoin calculator to find out how profitable it is at the moment.

Some users just invest to the asset hoping on growth of Darkcoin price with time. Numerous exchange platforms throughout the world convert Darkcoin to USD and vice versa.  You can trade it at Cryptomate, Cryptox. However, there are many exchanges, which have not listed it, such as, Quadriga cx and Bit2C.

This is virtual money with many names. When the digital currency was developed, it had a name Xcoin. Then it was renamed as Darkcoin and later renamed as Dash. The digital cash presents a king of decentralized organization managed by Master nodes, which obtain 45% of mined Dash. It is worth to set up own masternode to generate more income. The one should invest 1000 Dash to be able to set it up.

The code is always enhanced. The person can follow the development of Darkcoin on Github.  However, there is much criticism of the currency. Not all users like the idea behind it. Nevertheless, it is a proven way to pay with cryptocoins and stay anonymous. When anonymity is a priority, this virtual currency is highly valued. It would be great to develop its infrastructure and make it more affordable throughout the world. If you want to learn more of this digital cash, you can read threads devoted to Darkcoin on Bitcointalk.