Dash (DASH) News, Price Predictions, Opinions and Analyses Created by Users

Dash (DASH)

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Dash (DASH) is a cryptocurrency and decentralized autonomous organization made by Evan Duffield in 2014. It is an altcoin forked from Bitcoin that allows fast, semi-private transactions through coin-mixing and semi-private payments that are settled in under 1 second. The project was launched to address 3 problems faced by regular cryptocurrencies such as Bitcoin which are: privacy, governance and transaction speed. 

Initially beginning its life as XCoin and later Darkcoin, the cryptocurrency had a long history of being associated with the “Dark Web” for illicit transactions. In order to combat this, the team decided to rebrand into DASH as a representation of Digital Cash. The cryptocurrency was originally known for its 2-tiered structure that allowed for fast transactions and coin mixing. The first tier is the regular blockchain, similar to Bitcoin or Litecoin, that allows miners to mine the network using the X11 Script which is 30% more efficient than the LTC mining script.

The miners receive 45% of the block reward and help to create blocks on the DASH network. The second tier is known as the Masternode tier. These Masternodes help to process instant pay transactions, the technology that allows users to send transactions in under a second. The Masternodes also facilitate coin mixing and vote on governance proposals. To own a Masternode, the user must lock away 1000 DASH into the node to secure it and they will receive 45% of the block reward. 

Another 10% of the block reward goes to development which is allocated through the DOA through the votes of the Masternodes. This DOA allows users to vote on proposals of which direction the blockchain will head toward.

In this tag you can discover Dash Coin (DASH) news, price prediction, opinion and analysis created by users.


Dash Podcast 159: Ryan, Rion, and Hilawe on Dash's Treasury Improvement Vote

21 Nov 2020 1 minute read 3 comments TheDesertLynx

  Dash Core CEO Ryan Taylor, as well as community members Rion and Hilawe, come on the podcast to discuss competing proposals to improve Dash's treasury system, including in-depth questions about the economic incentives likely to impact each. Propos...

Still Worth An Investment? 🤔  Dash Coin Price Prediction 2021 - 2025

17 Nov 2020 4 minute read 23 comments Cryptonator`s

Dash is one of the oldest altcoins and well-established. Payments with Dash are instant and secure with nearly zero fees. I have believed that Dash is one of the most promising cryptocurrencies on the market for a long time. But does it still make se...

DASH P2P MINING POOL

11 Nov 2020 2 minute read 0 comments Wolf2015

Before I begin I want to just inform you that no matter what pool you mine on, you should plan on staying there. The main reason for this is the amount of shares you have verified could be taken away from you and you could end up getting less than yo...

What is DASH?

10 Nov 2020 2 minute read 0 comments GetBlock

DASH is an anonymous coin created in 2014 as a Bitcoin fork. It all started as a simple upgrade proposition for Bitcoin by Evan Duffield who wanted to add new privacy properties to Bitcoin. But the BTC community refused to accept it and Evan forked L...

DarkNet Bullish and with the Wave

8 Nov 2020 1 minute read 0 comments alquimista1501

With the rise in the price of Bitcoin, it is not surprising that criticisms arise that address issues already known within the network of digital currencies. The emergence of illicit media is always born from the fact of presenting a digital currency...

Dash "Election" Could Seriously Overhaul Its Decentralized Governance System

7 Nov 2020 1 minute read 9 comments TheDesertLynx

Dash has an "election" coming up at the end of November 2020 where the network will decide between two important moves forward to overhaul its governance and treasury system. Two proposals, one by Dash's main development group, Dash Core Group, and...

Dash Podcast 158: Bob Carroll of Dash Core Group with a Development Update

7 Nov 2020 1 minute read 0 comments TheDesertLynx

Bob Carroll, CTO of the Dash Core team, comes on the podcast to give a development update. We talk about Dash Platform testnet launch in late 2020, along with the DashPay coveted username wallet, and what are the next steps. We also talk about the c...

Venezuela... it is possible to buy Bitcoin on the VEX platform

6 Nov 2020 2 minute read 2 comments odisseo

The official exchange of Venezuela has recently been launched, which takes the name of VEX (Venezuela Exchange), on which users will be able to convert their cryptocurrencies, such as Bitcoin (BTC) and Litecoin (LTC), into Petro (PTR) and the other w...

A new bar in Bangkok Thaïland about crypto : FOMO BKK.

3 Nov 2020 1 minute read 0 comments djemizy

Iam always curious about how things going about the crypto world in Thaïland. For now, it have always been a hit and miss. For many place i found related to cryptocurrency world, it seem for the most they not accepting crypto payments anymore, or the...

Sergej Kotliar of Bitrefill on Living on Cryptocurrency and Building the Bitcoin Economy

27 Oct 2020 1 minute read 0 comments TheDesertLynx

Founder and CEO of Bitrefill Sergej Kotliar comes on the podcast to talk about building a circular economy so people are able to live entirely off of cryptocurrency. We talk some upcoming features and goals of Bitrefill which are attainable, and som...