Сравнить Dash (DASH) с Litecoin (LTC) Coin

Сравнить компании

Introduction

Among cryptocurrencies with low fees and high-speed payments, Dash (DASH) and Litecoin (LTC) have proved themselves with strong reputations. The two projects followed the basic prototype of Bitcoin with the aims of higher speed and efficiency and usability in everyday payments. In this article, we’ll dive into the Dash vs Litecoin comparison with respect to History, Technology, Security, Usability, and Practical usage in the world. By understanding the differences between the two, users can choose the right currency to match their plans of investments or payments necessity.

Project History and Background

It was created in October 2011 by Charlie Lee, who is a former Google engineer. Litecoin has been termed the “silver to Bitcoin’s gold” and was among the first Bitcoin forked coins out in the market. It was created with the aim of providing quicker payments and having an easy-to-use mining process. Through the years, it has been among the leaders of the highest market cap cryptocurrencies.

Dash began back in January of 2014 as “XCoin,” was re-named to “Darkcoin” and then to “Dash” (from the phrase “Digital Cash”) as its moniker evolved with its goal of becoming a usable payments-focused cryptocurrency. Created by Evan Duffield, Dash was designed to enhance processing time and privacy even beyond what Bitcoin and Litecoin were able to offer.

While Litecoin looked to streamline performance with minimal protocol enhancements, Dash integrated new features early in its development cycle, including its masternode system and voluntary privacy features.

Blockchain Technology and Models of Consensus

Litecoin uses the Proof-of-Work (PoW) system as Bitcoin does but in place of the SHA-256 hashing scheme uses the Scrypt algorithm. Scrypt was chosen specifically so the everyday computer user could participate in mining, but ASICs caught up in the end as well. Litecoin also benefits from SegWit and the Lightning Network, accelerating and expanding the network itself.

Dash also uses Proof-of-Work but enhances it with two-tiered system architecture. The first tier is the same as Bitcoin’s – miners confirm and add blocks to the chain. The second tier is masternodes – special full nodes operating features like InstantSend (near-instant payments) and PrivateSend (coin mixing in transactions). Dash also has the X11 hashing system applied to it, which is made up of 11 different hashing functions and is therefore more energy-friendly.

Hence, while both of them rely on PoW, Dash's dual-layer system includes governance and additional features absent in Litecoin.

Transaction Speed and Fees

Speed and fees are very significant considerations when comparing Dash vs Litecoin.

Its block time is about 2.5 minutes — four times faster than Bitcoin — and its average fees for transacting are kept low. As part of its integration of SegWit and the Lightning Network, Litecoin also offers a scalable method of fast sending and receiving of funds.

Dash is designed to be fast. Its InstantSend verifies payments in the space of seconds via the masternode network, rather than having to wait for the full block confirmations. Normal payments take about 2.5 minutes, but InstantSend puts Dash into the realm of potential payments in real time. There is virtually no fees for the transaction, sometimes less than one cent.

From the point of view of sheer velocity for daily payments, Dash is the superior option, especially for time-sensitive payments, and Litecoin is its more moderate but still rapid counterpart.

Privacy and Anonymous Features

Privacy is where Dash and Litecoin differ the most.

Dash also has PrivateSend as the coin mixing method to conceal the origin of funds. This is voluntary — the users themselves have the choice whether they want regular or private transactions. While PrivateSend is less effective than the privacy of Monero, it does add to the high level of obfuscation desired by those who desire privacy.

Litecoin does not have built-in privacy elements as part of its base layer. Its creators have been exploring the incorporation of the MimbleWimble in the guise of the extension blocks to facilitate secret payments. As of now, privacy is not core to Litecoin’s agenda of action.

Since privacy of the transactions is of utmost priority for you, Dash has evidently more features along this line compared to Litecoin.

Governance and Funding Models

Dash has one of its strong suits as its on-chain governance system. Proposals are voteable by masternodes so the community has the ability to guide funds from the Dash treasury towards development and projects. A portion of the block reward is sent into the treasury and the ecosystem effectively self funds itself.

Litecoin uses the more classical open-source approach to development. There is no treasury and no official voting system. Development is typically managed by the Litecoin Foundation and financed by donations and external funds.

Dash’s organizational system accommodates for flexibility and consistent update funding, whereas Litecoin opted for the more decentralized grassroots development approach.

Real-World Use Cases and Adoption

Litecoin enjoys widespread exchange integration and is widely recognized by merchants globally. Its long-term presence and strong brand identity contribute to its high credibility and high liquidity levels. It is frequently utilized as the Bitcoin test network because of the similarities in its technology, and it is an integral part of the crypto ecosystem as a whole.

Dash places great emphasis on everyday payments in the real world, particularly in those locales with volatile currencies. As an illustrative example, Dash has enjoyed strong adoption in Venezuela where it is utilized for everyday purchases. Dash’s partnering with payment processors and POS solutions reinforces its “digital cash” application.

While Litecoin is readily recognized and integrated into the financial system itself, Dash has proven itself as a legitimate currency in the developing world.

Wallets and Accessibility

Dash and Litecoin are supported by an incredibly wide selection of wallets from smartphone apps and computer clients to web wallets and even hardware wallets (Trezor, Ledger).

It has broader support from the custodial service and the centralized exchanges due to its longer market history and regulatory clarity.

Dash is also widely available, but its privacy-centered attributes have led to delistings from certain exchanges operating with strict regulatory oversight. This affects its availability in certain territories and hinders its development in heavily regulated markets.

For users who desire maximum accessibility and integration, Litecoin could be more convenient, but to facilitate peer-to-peer payments directly, Dash has desirable attributes.

Advantages and Disadvantages

Dash (DASH)

Pros:

InstantSend for rapid payments

PrivateSend for increased privacy

On-chain governance and treasury financing

Cons:

Regulatory challenges resulting from privacy attributes

Less integrated with regard to Litecoin

Masternode system intricacy for regular users

Litecoin (LTC)

Pros:

Swift and economical payments

Mass adoption and wallet integration

Technically reliable and stable

Cons:

Lacks native privacy features

Development is slower-paced compared to newer developments

No on-chain governance or treasury system

Frequently Asked Questions (FAQ)

Is Dash faster than Litecoin?

Yes, especially when using InstantSend. While both have short block times, Dash can confirm transactions in seconds.

What is the best coin for secret transactions?

Dash has built-in opt-in privacy with PrivateSend. Litecoin has no inherent anonymity options.

May I simultaneously mine Litecoin and Dash?

Yes, but they differ in algorithms. Dash uses the X11 and Litecoin uses Scrypt algorithms. You’ll require compatible mining gear for each as well.

Are the two coins usable for payments?

Yes. Both have fast confirmations and minimal fees but Dash is targeting more intensely the real-world, real-time payments.

Компания

User rating

4.8 / 5 4 отзыва 5 / 5 5 отзывов

Cryptogeek rating

4.2 / 5 3.4 / 5
4.32 / 5 3.98 / 5

Описание

Dash был запущен в 2014 году и сменил несколько названий, прежде чем стать Dash, каким мы его знаем сегодня. Первоначальная цель проекта состояла в том, чтобы создать криптовалютную сеть, которая работала бы быстрее и дешевле, чем биткойн, и была бы способна поддерживать большую конфиденциальность. Владельцы больших объемов Dash имеют различные привилегии (Мгновенная отправка, Частная отправка и т. Д.). Dash-это проект с открытым исходным кодом. У него есть свой собственный блокчейн. Валюта поддерживается многими крипто-кошельками и получила значительную рыночную капитализацию. Еще одним большим достижением является его многочисленные партнерские отношения, включая сотрудничество с Western Union, интернет-магазинами и т.д.
Litecoin был создан в 2011 году сотрудником Google Чарли Ли. В настоящее время эта криптовалюта является одной из крупнейших по рыночной капитализации. Litecoin был создан как один из первых форков биткойн-блокчейна. Также можно с уверенностью сказать, что Litecoin является одним из первых альткойнов. Хотя Биткойн основан на алгоритме SHA-256, Litecoin использует более легкий алгоритм шифрования.

Тип

coin coin

Год основания

2014 2011

Страна

International International

Языки

Нет данных Нет данных

Команда

Public Public

Протокол

Нет данных Public blockchain

Текущая цена (USD)

19.8962 86.8555

Цена - Исторический максимум (USD)

1642.2200 375.2900

Изменение цены (24 часа)

-2.50 -1.68

Объём (24 часа)

1685132.90793 20123746.64331

Хэшрейт (Hashrate)

6190000 165730

Максимальное предложение

18900000.00000 84000000.00000

Total supply

Нет данных Нет данных

Circulating Supply

12323847.68294 76039176.98347

Скорость транзакции / Время, необходимое для создания блока

30 56

Комиссия за транзакцию

Нет данных Нет данных

Прибыльность майнинга

Нет данных Нет данных

Алгоритм

X11 Scrypt

Proof type

PoW/PoS PoW

Полностью смайнено заранее:

Нет данных Нет данных

Smart contract address

Нет данных Нет данных

Всего монет намайнено:

9600464.64037 65464957.99676

Торгуется

yes yes

Награда за блок

2.884725003193 12.500000000000

Время блока

140 150
Компания
User rating User rating 4.8 / 5 4 отзыва User rating 5 / 5 5 отзывов
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 3.4 / 5
Trust Score Как это работает Trust Score 4.32 / 5 Trust Score 3.98 / 5
Описание
Dash был запущен в 2014 году и сменил несколько названий, прежде чем стать Dash, каким мы его знаем сегодня. Первоначальная цель проекта состояла в том, чтобы создать криптовалютную сеть, которая работала бы быстрее и дешевле, чем биткойн, и была бы способна поддерживать большую конфиденциальность. Владельцы больших объемов Dash имеют различные привилегии (Мгновенная отправка, Частная отправка и т. Д.). Dash-это проект с открытым исходным кодом. У него есть свой собственный блокчейн. Валюта поддерживается многими крипто-кошельками и получила значительную рыночную капитализацию. Еще одним большим достижением является его многочисленные партнерские отношения, включая сотрудничество с Western Union, интернет-магазинами и т.д.
Litecoin был создан в 2011 году сотрудником Google Чарли Ли. В настоящее время эта криптовалюта является одной из крупнейших по рыночной капитализации. Litecoin был создан как один из первых форков биткойн-блокчейна. Также можно с уверенностью сказать, что Litecoin является одним из первых альткойнов. Хотя Биткойн основан на алгоритме SHA-256, Litecoin использует более легкий алгоритм шифрования.
Тип Тип coin Тип coin
Год основания Год основания 2014 Год основания 2011
Страна Страна International Страна International
Языки Языки Нет данных Языки Нет данных
Команда Команда Public Команда Public
Протокол Протокол Нет данных Протокол Public blockchain
Текущая цена (USD) Текущая цена (USD) 19.8962 Текущая цена (USD) 86.8555
Цена - Исторический максимум (USD) Цена - Исторический максимум (USD) 1642.2200 Цена - Исторический максимум (USD) 375.2900
Изменение цены (24 часа) Изменение цены (24 часа) -2.50 Изменение цены (24 часа) -1.68
Объём (24 часа) Объём (24 часа) 1685132.90793 Объём (24 часа) 20123746.64331
Хэшрейт (Hashrate) Хэшрейт (Hashrate) 6190000 Хэшрейт (Hashrate) 165730
Максимальное предложение Максимальное предложение 18900000.00000 Максимальное предложение 84000000.00000
Total supply Total supply Нет данных Total supply Нет данных
Circulating Supply Circulating Supply 12323847.68294 Circulating Supply 76039176.98347
Скорость транзакции / Время, необходимое для создания блока Скорость транзакции / Время, необходимое для создания блока 30 Скорость транзакции / Время, необходимое для создания блока 56
Комиссия за транзакцию Комиссия за транзакцию Нет данных Комиссия за транзакцию Нет данных
Прибыльность майнинга Прибыльность майнинга low Прибыльность майнинга low
Алгоритм Алгоритм X11 Алгоритм Scrypt
Proof type Proof type PoW/PoS Proof type PoW
Полностью смайнено заранее: Полностью смайнено заранее: Нет данных Полностью смайнено заранее: Нет данных
Smart contract address Smart contract address Нет данных Smart contract address Нет данных
Всего монет намайнено: Всего монет намайнено: 9600464.64037 Всего монет намайнено: 65464957.99676
Торгуется Торгуется yes Торгуется yes
Награда за блок Награда за блок 2.884725003193 Награда за блок 12.500000000000
Время блока Время блока 140 Время блока 150

Социальные сети

Веб-сайт

www.dash.org litecoin.org

Twitter

@Dashpay @LitecoinProject
Веб-сайт Веб-сайт www.dash.org Веб-сайт litecoin.org
Twitter Twitter @Dashpay Twitter @LitecoinProject

Преимущества

Сильная безопасность Монета высокой конфиденциальности Высокая скорость транзакций Open-source Network Decentralized Transactions Fees

Недостатки

Децентрализация сомнительна Has some branding issues

Рейтинг

User rating User rating 4.8 / 5 4 отзыва User rating 5 / 5 5 отзывов
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 3.4 / 5
Преимущества Преимущества Сильная безопасность Монета высокой конфиденциальности Высокая скорость транзакций Преимущества Open-source Network Decentralized Transactions Fees
Недостатки Недостатки Децентрализация сомнительна Недостатки Has some branding issues

Рейтинг пользователей Dash (DASH) равен 4.8, на основании 4 отзывов. Рейтинг пользователей Litecoin (LTC) равен 5, на основании 5 отзывов.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

Мы выбираем победителя на основании нашего рейтинга доверия. Помните, что вам решать, какую компанию следует выбрать. Как мы рассчитываем рейтинг?
Trust Score: 4.32 / 5 Оставить отзыв
Выбрать другие компании

Conclusion

In the Dash vs Litecoin argument, we could consider the two cryptocurrencies as legitimate digital cash options with pros and cons of their own. Litecoin has the early-mover advantage of having been launched earlier and having broader exchange support and simplicity. Dash, however, brings innovation with its governance, privacy, and live payments. In order to find an extremely accessible, reliable replacement for Bitcoin with strong network support, you can bet on Litecoin. In the event you care most about fast settlement times, voluntary anonymity, and decentralized decision-making, you should go with Dash as the superior option. Ultimately, both projects are continuously evolving and contributing positively to the crypto space.

Introduction

Among cryptocurrencies with low fees and high-speed payments, Dash (DASH) and Litecoin (LTC) have proved themselves with strong reputations. The two projects followed the basic prototype of Bitcoin with the aims of higher speed and efficiency and usability in everyday payments. In this article, we’ll dive into the Dash vs Litecoin comparison with respect to History, Technology, Security, Usability, and Practical usage in the world. By understanding the differences between the two, users can choose the right currency to match their plans of investments or payments necessity.

Project History and Background

It was created in October 2011 by Charlie Lee, who is a former Google engineer. Litecoin has been termed the “silver to Bitcoin’s gold” and was among the first Bitcoin forked coins out in the market. It was created with the aim of providing quicker payments and having an easy-to-use mining process. Through the years, it has been among the leaders of the highest market cap cryptocurrencies.

Dash began back in January of 2014 as “XCoin,” was re-named to “Darkcoin” and then to “Dash” (from the phrase “Digital Cash”) as its moniker evolved with its goal of becoming a usable payments-focused cryptocurrency. Created by Evan Duffield, Dash was designed to enhance processing time and privacy even beyond what Bitcoin and Litecoin were able to offer.

While Litecoin looked to streamline performance with minimal protocol enhancements, Dash integrated new features early in its development cycle, including its masternode system and voluntary privacy features.

Blockchain Technology and Models of Consensus

Litecoin uses the Proof-of-Work (PoW) system as Bitcoin does but in place of the SHA-256 hashing scheme uses the Scrypt algorithm. Scrypt was chosen specifically so the everyday computer user could participate in mining, but ASICs caught up in the end as well. Litecoin also benefits from SegWit and the Lightning Network, accelerating and expanding the network itself.

Dash also uses Proof-of-Work but enhances it with two-tiered system architecture. The first tier is the same as Bitcoin’s – miners confirm and add blocks to the chain. The second tier is masternodes – special full nodes operating features like InstantSend (near-instant payments) and PrivateSend (coin mixing in transactions). Dash also has the X11 hashing system applied to it, which is made up of 11 different hashing functions and is therefore more energy-friendly.

Hence, while both of them rely on PoW, Dash's dual-layer system includes governance and additional features absent in Litecoin.

Transaction Speed and Fees

Speed and fees are very significant considerations when comparing Dash vs Litecoin.

Its block time is about 2.5 minutes — four times faster than Bitcoin — and its average fees for transacting are kept low. As part of its integration of SegWit and the Lightning Network, Litecoin also offers a scalable method of fast sending and receiving of funds.

Dash is designed to be fast. Its InstantSend verifies payments in the space of seconds via the masternode network, rather than having to wait for the full block confirmations. Normal payments take about 2.5 minutes, but InstantSend puts Dash into the realm of potential payments in real time. There is virtually no fees for the transaction, sometimes less than one cent.

From the point of view of sheer velocity for daily payments, Dash is the superior option, especially for time-sensitive payments, and Litecoin is its more moderate but still rapid counterpart.

Privacy and Anonymous Features

Privacy is where Dash and Litecoin differ the most.

Dash also has PrivateSend as the coin mixing method to conceal the origin of funds. This is voluntary — the users themselves have the choice whether they want regular or private transactions. While PrivateSend is less effective than the privacy of Monero, it does add to the high level of obfuscation desired by those who desire privacy.

Litecoin does not have built-in privacy elements as part of its base layer. Its creators have been exploring the incorporation of the MimbleWimble in the guise of the extension blocks to facilitate secret payments. As of now, privacy is not core to Litecoin’s agenda of action.

Since privacy of the transactions is of utmost priority for you, Dash has evidently more features along this line compared to Litecoin.

Governance and Funding Models

Dash has one of its strong suits as its on-chain governance system. Proposals are voteable by masternodes so the community has the ability to guide funds from the Dash treasury towards development and projects. A portion of the block reward is sent into the treasury and the ecosystem effectively self funds itself.

Litecoin uses the more classical open-source approach to development. There is no treasury and no official voting system. Development is typically managed by the Litecoin Foundation and financed by donations and external funds.

Dash’s organizational system accommodates for flexibility and consistent update funding, whereas Litecoin opted for the more decentralized grassroots development approach.

Real-World Use Cases and Adoption

Litecoin enjoys widespread exchange integration and is widely recognized by merchants globally. Its long-term presence and strong brand identity contribute to its high credibility and high liquidity levels. It is frequently utilized as the Bitcoin test network because of the similarities in its technology, and it is an integral part of the crypto ecosystem as a whole.

Dash places great emphasis on everyday payments in the real world, particularly in those locales with volatile currencies. As an illustrative example, Dash has enjoyed strong adoption in Venezuela where it is utilized for everyday purchases. Dash’s partnering with payment processors and POS solutions reinforces its “digital cash” application.

While Litecoin is readily recognized and integrated into the financial system itself, Dash has proven itself as a legitimate currency in the developing world.

Wallets and Accessibility

Dash and Litecoin are supported by an incredibly wide selection of wallets from smartphone apps and computer clients to web wallets and even hardware wallets (Trezor, Ledger).

It has broader support from the custodial service and the centralized exchanges due to its longer market history and regulatory clarity.

Dash is also widely available, but its privacy-centered attributes have led to delistings from certain exchanges operating with strict regulatory oversight. This affects its availability in certain territories and hinders its development in heavily regulated markets.

For users who desire maximum accessibility and integration, Litecoin could be more convenient, but to facilitate peer-to-peer payments directly, Dash has desirable attributes.

Advantages and Disadvantages

Dash (DASH)

Pros:

InstantSend for rapid payments

PrivateSend for increased privacy

On-chain governance and treasury financing

Cons:

Regulatory challenges resulting from privacy attributes

Less integrated with regard to Litecoin

Masternode system intricacy for regular users

Litecoin (LTC)

Pros:

Swift and economical payments

Mass adoption and wallet integration

Technically reliable and stable

Cons:

Lacks native privacy features

Development is slower-paced compared to newer developments

No on-chain governance or treasury system

Frequently Asked Questions (FAQ)

Is Dash faster than Litecoin?

Yes, especially when using InstantSend. While both have short block times, Dash can confirm transactions in seconds.

What is the best coin for secret transactions?

Dash has built-in opt-in privacy with PrivateSend. Litecoin has no inherent anonymity options.

May I simultaneously mine Litecoin and Dash?

Yes, but they differ in algorithms. Dash uses the X11 and Litecoin uses Scrypt algorithms. You’ll require compatible mining gear for each as well.

Are the two coins usable for payments?

Yes. Both have fast confirmations and minimal fees but Dash is targeting more intensely the real-world, real-time payments.