Dash vs Monero vs Zcash
Welcome to our comparison between three popular blockchain technologies: Dash, Monero, and Zcash. These three technologies are among the most popular privacy-centric coins, each with unique features that make them stand out. Here, we'll take a closer look at each and compare them side by side.
What is Dash?
Dash is a cryptocurrency that emphasizes transaction speed and low fees. It was created in 2014 and quickly became popular due to its ease of use and focus on user experience. Unlike most cryptocurrencies, Dash has a self-governance system that allows the community to make decisions and fund projects directly.
What is Monero?
Monero is a privacy-focused cryptocurrency that was launched in 2014. It was designed to be untraceable and anonymous, making it one of the most private cryptocurrencies available today. Monero uses a unique method of privacy called "ring signatures," which mix up the transactions and hide the sender and receiver.
What is Zcash?
Zcash is a decentralized and open-source cryptocurrency that was launched in 2016. It was developed with a privacy focus, allowing users to transact without revealing their identities. Zcash uses a technology called "zk-SNARKs" to keep transactions anonymous while ensuring they are still valid and verified.
Comparison
| Dash | Monero | Zcash | |
|---|---|---|---|
| Launched | 2014 | 2014 | 2016 |
| Market cap (as of Oct 2021) | $2.7 billion | $3.9 billion | $1.4 billion |
| Block time | 2.5 minutes | 2 minutes | 2.5 minutes |
| Max supply | 18.9 million | Unknown | 21 million |
| Algorithm | X11 | RandomX | Equihash |
| Privacy | Optional PrivateSend feature | Ring signatures | zk-SNARKs |
| Transaction fees | Very low | Low | Low |
| Community governance | Yes | No | No |
Conclusion
Each of these blockchain technologies has unique features and characteristics that make them stand out. Dash prioritizes speed, Monero prioritizes privacy, and Zcash prioritizes anonymity. Ultimately, it's up to the user to decide which of these features they value most.
We hope this comparison has been helpful in shedding light on the key differences between Dash, Monero, and Zcash.
References
- Dash: https://www.dash.org/
- Monero: https://www.getmonero.org/
- Zcash: https://z.cash/