Dash (DASH) vs Litecoin (LTC) Comparison
In the ever-evolving world of cryptocurrencies, Dash (DASH) and Litecoin (LTC) have carved a niche for themselves. As two of the key players in the digital currency landscape, each has distinct features and attributes that have won them a horde of enthusiasts and investors. In this article, we will embark on a comprehensive comparison between Dash and Litecoin; examining their unique traits, the technology behind them, their measurable growth, and overall usability.
User rating
Cryptogeek rating
About
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Dash was launched in 2014 and changed several names before becoming Dash as we know it today. The initial goal of the project was to create a cryptocurrency network which would operate faster and cheaper than Bitcoin and would be capable to maintain more privacy. Holders of large amounts of Dash have different privileges (Instant Send, Private Send, etc).
Dash is an open-source project. It has its own blockchain. The currency is supported by many crypto wallets and it has gained significant market capitalization. Another great achievement is its numerous partnerships including cooperations with Western Union, web stores, etc.
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Litecoin was created in 2011 by a Google employee Charlie Lee. Currently, this cryptocurrency is one of the largest by market capitalization. Litecoin was created as one of the first forks of the Bitcoin blockchain. Also, it is safe to say that Litecoin is one of the first altcoins. While Bitcoin is based on SHA-256 algorithm, Litecoin utilizes a lighter scrypt algorithm.
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Type
Founding Date
Country
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International
|
International
|
Languages
Team
Protocol
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No data
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Public blockchain
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Current price (USD)
All-time high (USD)
Price change (24h)
Volume (24h)
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17054610.05534
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42431109.41395
|
Hashrate
Max Supply
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18900000.00000
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84000000.00000
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Total supply
Circulating Supply
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12073299.16744
|
75332576.98347
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Transaction speed / Block time
Transaction fee
Mining profitability
Algorithm
Proof type
Fully premined
Smart contract address
Total coins mined
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9600464.64037
|
65464957.99676
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Is trading
Block reward
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2.884725003193
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12.500000000000
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Block time
Company |
|
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User rating |
User rating
4.8 / 5
4 user review
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User rating
5 / 5
5 user review
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Cryptogeek rating |
Cryptogeek rating
4.2 / 5
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Cryptogeek rating
3.4 / 5
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Trust Score
How it works
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Trust Score
4.32 / 5
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Trust Score
3.98 / 5
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About |
Dash was launched in 2014 and changed several names before becoming Dash as we know it today. The initial goal of the project was to create a cryptocurrency network which would operate faster and cheaper than Bitcoin and would be capable to maintain more privacy. Holders of large amounts of Dash have different privileges (Instant Send, Private Send, etc).
Dash is an open-source project. It has its own blockchain. The currency is supported by many crypto wallets and it has gained significant market capitalization. Another great achievement is its numerous partnerships including cooperations with Western Union, web stores, etc.
|
Litecoin was created in 2011 by a Google employee Charlie Lee. Currently, this cryptocurrency is one of the largest by market capitalization. Litecoin was created as one of the first forks of the Bitcoin blockchain. Also, it is safe to say that Litecoin is one of the first altcoins. While Bitcoin is based on SHA-256 algorithm, Litecoin utilizes a lighter scrypt algorithm.
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Type |
Type
coin
|
Type
coin
|
Founding Date |
Founding Date
2014
|
Founding Date
2011
|
Country |
Country
International
|
Country
International
|
Languages |
Languages
No data
|
Languages
No data
|
Team |
Team
Public
|
Team
Public
|
Protocol |
Protocol
No data
|
Protocol
Public blockchain
|
Current price (USD) |
Current price (USD)
35.5411
|
Current price (USD)
101.2351
|
All-time high (USD) |
All-time high (USD)
1642.2200
|
All-time high (USD)
375.2900
|
Price change (24h) |
Price change (24h)
-6.21
|
Price change (24h)
0.58
|
Volume (24h) |
Volume (24h)
17054610.05534
|
Volume (24h)
42431109.41395
|
Hashrate |
Hashrate
6190000
|
Hashrate
165730
|
Max Supply |
Max Supply
18900000.00000
|
Max Supply
84000000.00000
|
Total supply |
Total supply
No data
|
Total supply
No data
|
Circulating Supply |
Circulating Supply
12073299.16744
|
Circulating Supply
75332576.98347
|
Transaction speed / Block time |
Transaction speed / Block time
30
|
Transaction speed / Block time
56
|
Transaction fee |
Transaction fee
No data
|
Transaction fee
No data
|
Mining profitability |
Mining profitability
low
|
Mining profitability
low
|
Algorithm |
Algorithm
X11
|
Algorithm
Scrypt
|
Proof type |
Proof type
PoW/PoS
|
Proof type
PoW
|
Fully premined |
Fully premined
No data
|
Fully premined
No data
|
Smart contract address |
Smart contract address
No data
|
Smart contract address
No data
|
Total coins mined |
Total coins mined
9600464.64037
|
Total coins mined
65464957.99676
|
Is trading |
Is trading
yes
|
Is trading
yes
|
Block reward |
Block reward
2.884725003193
|
Block reward
12.500000000000
|
Block time |
Block time
140
|
Block time
150
|
Social
Website
Twitter
Advantages
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Strong security
High privacy coin
High speed of transactions
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Open-source Network
Decentralized
Transactions Fees
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Disadvantages
|
Decentralization is questionable
|
Has some branding issues
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Rating
User rating |
User rating
4.8 / 5
4 user review
|
User rating
5 / 5
5 user review
|
Cryptogeek rating |
Cryptogeek rating
4.2 / 5
|
Cryptogeek rating
3.4 / 5
|
Advantages |
Advantages
Strong security
High privacy coin
High speed of transactions
|
Advantages
Open-source Network
Decentralized
Transactions Fees
|
Disadvantages |
Disadvantages
Decentralization is questionable
|
Disadvantages
Has some branding issues
|
Dash (DASH) user rating is 4.8, based on 4 user reviews. Litecoin (LTC) user rating is 5, based on 5 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
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In conclusion, Dash and Litecoin are both powerful cryptocurrencies, each offering unique capabilities. The choice between Dash and Litecoin largely depends on the individual enthusiast or investor's specific requirements. Where Dash offers advanced privacy features, Litecoin shines in its swiftness and wide acceptance. Each holds significant potential for future growth as they continue to push boundaries and innovate within the dynamic field of digital currency. As always, due diligence and careful analysis should be the cornerstone of any investment decision.
In the ever-evolving world of cryptocurrencies, Dash (DASH) and Litecoin (LTC) have carved a niche for themselves. As two of the key players in the digital currency landscape, each has distinct features and attributes that have won them a horde of enthusiasts and investors. In this article, we will embark on a comprehensive comparison between Dash and Litecoin; examining their unique traits, the technology behind them, their measurable growth, and overall usability.