What exactly is Dash?
Put simply, Dash is a cryptocurrency coin, or digital token if you prefer that description, which is often described as ‘just another altcoin’ but it has much more going for it than that type of dismissive commentary would ever suggest.
Unlike other cryptocurrencies, Dash runs off a system of masternodes, which host a copy of the entire Dash blockchain and can be accessed by certain users. Housed within these masternodes are a number of unique features that set Dash apart from any other cryptos currently available.
Dash history
Dash was originally launched in 2014 branded as XCoin. Later in the same year it was re-branded as DarkCoin, which frankly was a poor choice, as it led to many investors reconsidering their position.
However, for those that kept the faith, when the name Dash was eventually decided upon in 2015, it really started to hit the headlines and grow in popularity.
A bit more background
It’s actually really relevant to know a bit more about the background of Dash, as it relates to a subject that is close to the heart of every online casino player – fast transactions. It will come as no surprise to find some of the
crypto gambling sites
now offer Dash as a payment method for that reason.
The origin of Dash follows two distinct forks, which effectively span two ‘generations’ of crypto evolution. The first being the fork which created Litecoin from Bitcoin and the second, a fork from Litecoin to Dash.
Why Dash?
The name ‘Dash’ was originally decided on as a kind of abbreviation or acronym for ‘Digital Cash’. However, a random comment suggesting that the name made it sound “speedy” was a major breakthrough.
In fact, that specific comment ultimately led to the development of InstantSend, a crypto payment facility which can facilitate transactions much faster than Bitcoin’s system permits. A later addition was CoinJoin, an algorithm which automatically routes transactions in such a way that they are virtually untraceable.
Furthermore, Dash has set out to educate the general public about the benefits of using cryptocurrencies and to develop a payment platform that makes Dash become more user friendly and accessible.
Luckily, this alternative crypto concept caught on with supporters, investors and many of the
crypto casinos
too, so Dash has certainly moved on and made its mark over the last eight years.
Unique features of Dash
Rather than trying to directly compare Dash and Bitcoin, or start discussing the virtual merits of Dash casinos, we felt it important to explain more about the upsides of Dash and the easiest way to do that is to run through its main features and benefits.
At the height of crypto craziness, when a single Bitcoin was worth the price of a modest property, purchasing one Dash coin would have set you back around €1000. Crypto prices have crashed since that time, but the equivalent crypto exchange values of BTC and DASH remain where 1 DASH = 0.002 BTC approximately, so it is affordable as well as useful.
The main feature of Dash is most certainly its super-fast two second transaction time, which is facilitated by its InstantSend protocol. That alone makes it a very appealing choice for both casino operators and casino players. The reason that Dash can achieve faster transactions than any other cryptocurrency, including those where you can play casino games, is that users can process a transaction before it is even confirmed on the blockchain.
For users who wish to keep their business to themselves, Dash offers an enhanced privacy option called PrivateSend, which guarantees that users can complete a totally untraceable transaction. Details of exactly how this particular feature is implemented are not common knowledge, for obvious reasons.
Dash is made available through a Proof of Work concept, so theoretically, you can mine it as well as buy it. Crypto mining usually requires huge server banks that consume copious amounts of energy. However, Dash has overcome this by using its unique X11 hashing algorithm, which draws on small amounts of energy taken from thousands of individually-owned devices, rather than installing its own server banks.
Another aspect of Dash that has great appeal is DashDirect. Fundamentally, this is a payment app which can be used to make retail purchases or to transfer funds to any online casino with Dash listed as a payment option.
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Choosing the best Dash casino site
As we mentioned earlier, there are fewer Dash casino sites than those which accept more recognisable cryptocurrencies such as Bitcoin and Ethereum or even sites where you can play casino games, but it’s well worth taking a bit more time to find one. However, the fact that a site accepts Dash payments is not enough; there are a number of other aspects to consider too.
Is a Dash casino bonus on offer?
It is sometimes the case that online casinos will exclude a certain payment method when it comes to claiming a bonus. So before you sign up, you’ll want to make sure that you are not going to miss out on a useful matched bonus or Dash casino free spins.
Games on offer
It goes without saying that your number one reason for signing up with an online casino is to have fun. So, the best Dash casino site for you is the one that has plenty of your favourite games on offer. And if you don’t have any particular preferences, then look for a varied selection of slots, casino table games and live dealer games from well-known software developers like BetSoft or NetEnt.
Customer support
It’s always a good thing to check how well an online casino supports its users, rather than waiting until you have a problem and finding that you are left out in the cold. A good Dash casino will have plenty of helpful information on its site and have support personnel available 24/7 ideally.
Check out some Dash casino reviews
Last, but by no means least, it’s always worth establishing how existing users feel about a particular online casino. You can do this relatively easily by reading online user reviews and accessing gambling forums. As well as gauging user opinion, you’ll also be able to see if the Dash casino in question takes the time to interact and how it handles any negativity.
Summary
At the present time, there are fewer Dash casino sites than there are sites that accept Bitcoin, or its closest rival Ethereum, but that does not mean that you won’t find a good one. The creators of Dash stated emphatically that they have not “set out to reinvent the wheel, just to improve on the design”.
Clearly, mission accomplished thus far and hopefully plenty more to come in terms of the uptake of Dash by both existing and new online crypto casinos. Dash definitely has some significant advantages for online casino players thanks to its InstantSend technology, which provides instantaneous transactions.
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Dash casino FAQ
➕ What are the advantages of a Dash casino?
Although there are fewer online casinos that accept Dash, there are two very distinct advantages to playing at one that does accept this particular cryptocurrency. If you want to find out what they are, then all you need to do is head over and read our exclusive Dash casino guide. Do it now – you won’t regret it!
🤔 Is Dash a legit currency to use at casinos?
The Dash cryptocurrency has origins that are closely related to Bitcoin, but it also has some very distinct advantages over the world’s most popular crypto. Want to know more? No problem: simply check out our Dash casino guide and all will be revealed!
🎁 Where can I use Dash crypto to get a welcome bonus?
There’s no denying that you might find it a bit harder to find a Dash casino welcome bonus than a sign-up deal for Bitcoin. And if you are searching online, that’s really not a big surprise. As with all casino payment methods, each has its own pros and cons, but Dash has certain features that make it worthy of a little more effort. Want to know more? Then simply read our Dash casino guide!
🏅 Which is the best Dash casino site?
Finding an online casino with Dash is a great starting point, but there is far more to selecting an online casino to play at than the payment methods it has on offer. We’ve put together an exclusive guide which not only covers everything you need to know about Dash as a currency, but also some ways to make sure that you find a site that suits your style.
🎰 What type of games can I play at a Dash casino?
At the end of the day, Dash is just a payment method that you can use to fund your casino account. The games a casino offers are a whole different thing. Rather than specifically searching for a Dash casino, you need to be looking at whether a casino has a good variety of games from well-known software developers and if they happen to tick the right boxes for you as a player.
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