Dash Vs Ethereum

Anisa Batabyal
| 29 April, 2020 | 2 min

In this article, we’ll be talking about two major cryptocurrencies- Ethereum and Dash. Both of them are being created with a distinctive aim and purpose to serve the users in the crypto space. Ethereum is mighty when it comes to the altcoin community, as it is the largest one available, with a huge community behind such success. Dash was created later, as compared to Ethereum, and since then, Dash has been creating headlines, too, in the world of cryptocurrencies.

Let us check the major differences between Dash and Ethereum:

#1 Purpose

Dash was created in 2014, as a form of electronic cash, aimed to handle financial transactions through its own blockchain. Dash is a privacy token, which enables the users to stay anonymous with their transactions. Ethereum, on the other hand, is a decentralized platform, which enables the users to build decentralized applications, with the help of blockchain and smart contracts.

#2 Scalability

Ethereum developers have constantly been working on scalability since its inception and came across multiple solutions such as sharding, by launching Casper protocol. Dash cannot handle as many transactions as Ethereum but has been working on various technologies to get rid of this scalability problem soon. Ethereum can process 15 transactions per second, and Dash can process approx. 35 transactions per second.

#3 Price

Ethereum is trading at $207.62, with a market capitalization of around 22 billion USD and a circulating supply of around 110 million ether. Dash is trading at $83.87, with a market capitalization of around $793 million and a circulating supply of around 9 million DASH.

Frequently Asked Questions (FAQs)

  1. Is Dash better than Ethereum?

Ethereum and Dash have its unique set of objectives.

  1. Should I invest in Dash or Ethereum?

You must do a good amount of research before making any decisions regarding crypto investment, be it Dash or Ethereum.

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