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.


Omar Hamwi on Dash's FastPass Streamlined Ecosystem for Traders

22 Sep 2020 1 minute read 0 comments TheDesertLynx

Dash Core Group's Omar Hamwi comes on the podcast to talk about FastPass, the new initiative targeted initially at traders to maximize Dash's special features in order to optimize speed and efficiency, creating an experience unparalleled in crypto t...

DailyCryptonews by cryptoborges - 21/09/2020

21 Sep 2020 2 minute read 0 comments Francisco Borges

Hi huys hope you enjoy your daily dose of crypto news. China sees advantages in being first on new digital currency ‘Battlefield’   Local media last month reported some of China’s major state-run commercial banks have already started conducting lar...

HOW TO EASILY MAKE OVER $5 DAILY ON COINPOT

19 Sep 2020 1 minute read 7 comments Infotips

Hi guys, In today's post, I want to introduce a very great earning opportunity to all of you. You will learn how to easily earn trailer loads of cryptocurrency for free. The opportunity is called coinpot. Coinpot has been in existence since 2018 and...

Enable Cryptocurrency Super Chats While Livestreaming with OBS!

19 Sep 2020 2 minute read 2 comments TheDesertLynx

Content creators rely on various revenue streams, including super chats from YouTube where listeners pay to leave highlighted chats. Well, now you can do the same, but receive cryptocurrency instead! Here's how to do it: Set up OBS and CoinTree  Thi...

Dash (Digital Cash): a quick look

18 Sep 2020 3 minute read 2 comments odisseo

Introduction to cryptocurrency by relating it to Bitcoin. Dash represents a very widespread cryptocurrency in South America (Argentina, Venezuela). Dash is part of the same ecosystem as Bitcoin, i.e. the Dash blockchain derives from that of Litecoin...

Dash Launches Dash Platform Video Series

18 Sep 2020 1 minute read 0 comments Tao of Satoshi

On Friday, September 18, 2020, the Dash Core Group, in partnership with Amanda B. Johnson, released the first installment of a video series aiming to explain the intricacies of the upcoming Dash Platform. In the video, Amanda B. Johnson noted that w...

Talking Dash Platform, Venezuela, and Kraken!

18 Sep 2020 1 minute read 2 comments Tao of Satoshi

I finally had a chance to test out the iOS version of Dash Platform, and will share with you my early impressions. LocalCryptos pointed out that gas fees on Ethereum have the potential to wipe out large chunks of savings for people that put faith in...

LocalCryptos: Ethereum Fees "Hurt the Underserved" Like Venezuelans

17 Sep 2020 3 minute read 8 comments TheDesertLynx

Peer-to-peer cryptocurrency marketplace LocalCryptos claims that high Ethereum fees have harmed its most underserved customers, highlighting users from Venezuela, who allegedly rely on the platform to sell small amounts of cryptocurrency. In a rece...

A Dive into Dash's Fundamentals

17 Sep 2020 1 minute read 0 comments Tao of Satoshi

Fundamentals are one of the most important aspects of a cryptocurrency. This is why whenever you see the announcement of a new coin the first information usually provided is the coin supply, emission rate, hashing algorithm and other similar informa...

Professional Traders and Dash Unite with FastPass

16 Sep 2020 1 minute read 0 comments Tao of Satoshi

It is of no news that Dash till date remains an ideal cryptocurrency for trading due to its near-instant speed of transactions, low cost of transactions and high security. Dash has now moved another step towards making it the de facto currency of cr...