Bitcoin, as the most popular and adopted cryptocurrency across the globe, has dictated the market and makings of what it means to be a cryptocurrency in today’s market. As Bitcoin has become more of a digital gold, the idea of the industry has become one of investing.

However, not everyone is happy with the idea that cryptocurrency has become a vehicle for digital investing. There have been forks and fights over what Bitcoin should be, then there have been other coins that are trying to corner the currency market.

Dash, for instance, is one coin that has been trying to form the foundation of a cryptocurrency that can be used and spent quickly and cheaply, taking advantage of the blockchain for point-of-sale usage. CEO of Dash, Ryan Taylor, spoke with U.Today about how Dash is progressing in the ever-evolving cryptocurrency space.

Why does the world need Dash

It would probably be safe to say that the world does not need Bitcoin in its current form, but Bitcoin rather leads onto other advancements in Blockchain and cryptocurrency. But Dash is something that has sprung from the Bitcoin phenomenon, so, in Taylor’s own words, why does the world need Dash?

“Dash is solving a number of use cases for digital currency, particularly at the point-of-sale. The vast majority of consumer purchases still take place at a register, so users need a way to transact that takes seconds. This makes Dash better suited for the vast majority of payments than other digital currencies,” he explained.

“Dash is also focused on improving the user experience. We’re aiming to eliminate the need for consumers to interact directly with addresses by introducing network-wide usernames. With that functionality, we can replicate the user experience of applications like Venmo. The more familiar and relevant we can make the user experience, the faster we believe that adoption can take place.”

A safe and secure coin

Another part of Dash’s offering that Taylor seems quite proud of is its security which he claims makes it one of the most expensive coins to attack.

“In addition to proof-of-work, Dash introduced two additional layers of security that actually make the Dash network more expensive to attack than any other cryptocurrency network. InstantSend locks transactions within about 1.8 seconds, making them double spend proof. This allows the recipient to safely accept payments without the risk of transaction confirmation failures. Last year, we added ChainLocks, a technology that eliminates chain reorganizations. This makes the Dash blockchain completely immutable within 4-6 seconds after each block is added to the blockchain,” Taylor added to U.Today.