What Is Dash? Dash (DASH) is a next-generation digital currency based on the Bitcoin software. Dash has solved many of the problems inherent in Bitcoin by speeding up transactions, offering enhanced financial privacy, and developing a decentralized governance and funding system.
Ethereum rewards miners based on its proof-of-work algorithm called Ethash, with 5 ether given for each block. Ethash is a memory hard hashing algorithm, which encourages decentralized mining by individuals, rather than the use of more centralized ASICs as with Bitcoin.
Monero (XMR) is best for long-term investment than Bitcoin (BTC). Adding to its perfect security, personal computers as well as ordinary laptops can aid in mining Monero, unlike Bitcoin which requires a special Application Specific Integrated Circuit (ASIC). Seclusion. With Bitcoin, all the information about the sender and the receiver are visible which is not the case with Monero that has the highest anonymity.
XRP is a token used for representing transfer of value across the Ripple Network. Different to bitcoin, where new coins are created (up the a capped level) as rewards for participants offering computing power to maintain the blockchain network, Ripple created 100 billion XRP coins at its inception.