Dash is an open-sourced cryptocurrency, which apart from being a form of decentralized autonomous organization (DAO), also uses the peer-to-peer network technology. Dash is short for Digital Cash and one of its main motives is to be as liquid as fiat currency which then can be used in various countries without much hindrance.
It was forked from the Bitcoin protocol and has got quite a few similarities with Bitcoin. For instance, Dash has its own blockchain, is open-sourced, has wallet infrastructure and community. But here comes the difference, that being, unlike BTC, Dash's transaction fee is negligible.
What makes Dash different from other altcoins is privacy being its characteristic nature. Initially, it was known as XCoin, then changed to DarkCoin, and now finally is Dash. (It is to be noted that Dash is no longer a Dark Coin). It was created and designed to guarantee user privacy as well as anonymity. According to its whitepaper, DASH is the first privacy-centric cryptographic currency.
Some of Dash's advantages are:
Liquidity
Faster and cheaper transactions
Versatility
Flexibility
DASH has a total supply of 18.9 million, of which around 8.8 million is already mined. Apart from mining, the coin can also be exchanged on various exchanges like Binance, OKEx, Bittrex, Cryptopia, CoinSwitch and many more.
To store DASH, there are various wallets supporting the said coin, but the ones that can be trusted and display numerous advantageous features are:
Ledger Nano S - This hardware wallet is the best wallet till date and is virtually unhackable. Its 2-FA and its stronghold on the private key makes it quite secure and you can freely rely on it.
Trezor - This wallet is the rival of Ledger and if a person doesn't want to spend 100 bucks on their wallet, they can go for this cheaper version. Trezor is also a trusted wallet, is portable and can definitely keep your cryptos safe.
Atomic Wallet - This wallet is quite easy to use, being user-friendly and even beginners can use this easily. Atomic is an online wallet that is operable on both mobile and desktop as well.
Coinomi - This wallet has the broadest range of crypto, possessing more than 125 blockchains and 168 fiat currency representations. You don’t have to worry about security as Coinomi wallets have never been hacked ever!
Some other wallets that support DASH are Dash Core Wallet, Exodus, Guarda, Jaxx, Dash Cryptocurrency Wallet, MyDashWallet, DASH Core iOS, Dash Paper Wallet, etc.