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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.


Top 10 cryptocurrencies with lower fees than Bitcoin

7 Sep 2022 8 minute read 18 comments NOWPayments

When you decide to start accepting crypto as a payment method, first of all, your eyes are drawn to Bitcoin. No wonder Bitcoin is the most popular cryptocurrency, and the acceptance of BTC payments will help make your business truly borderless. Howev...

How Private are Your Transactions, Really?

23 Aug 2022 3 minute read 3 comments Great White Snark

There's a misconception that because cryptocurrency transactions are cryptographically secure, they're also anonymous/private. (Cryptography is used for anonymity in other instances, so that must follow here too, right?) While that may be true for so...

DASH cryptocurrency explained

22 Aug 2022 6 minute read 1 comment NOWPayments

Dash is one of the first cryptocurrencies that come to mind when you think of a best-in-class blockchain with instant transactions and micro fees. Dash’s network features are practically unmatched by most blockchains and can blow the mind of any pers...

Meet DASH: Interview with Dash cryptocurrency team

18 Aug 2022 4 minute read 2 comments NOWPayments

Meet our new blog section — Interview with the members of coin foundations with whom we are collaborating and making the world of crypto payments accessible for everyone. Today we speak with the Marketing Manager of DASH, a digital currency that can...

Inappropriate

10 Jul 2022 1 minute read 0 comments Alther

Its capacity is like differentiating the condition of bitcoin in terms of the currency spoken as part of the crypto. Is it really different and makes the capacity of Bitcoin above other coins? Or make bitcoin the only superior in the crypto world? If...

Dash Uncovered: Technology, Community, Use cases

1 Jul 2022 5 minute read 3 comments Swapzone

Dash (DASH) is a privacy-orientated cryptocurrency project that claims to offer everything that Bitcoin (BTC) can but with an added level of privacy, speed, and community led-governance.  The Dash project was launched in 2014, and its native coin has...

Dash (DASH) price prediction for 2022-2030

2 Jun 2022 11 minute read 0 comments Stormgain

There are many ambitious and talented programmers, visionaries, promoters and niche professionals in both the world and the cryptocurrency community who try to put their abilities to work by doing something useful every day. However, only a small per...

Nansen Analytics Is Now Free all you need to know

3 Apr 2022 1 minute read 1 comment niftyworld

Nansen Analytics Is Now Free all you need to know   Nansen recently announced that some of its features will be free to use. this includes the NFT Analytics tool, gas tracker, newsfeed, NFT indexes, trends, Stablecoin Master, 24h NFT market over...

BTC Is Set to Rally After a Spike in Volatility. The Top Cryptos Under $2 Billion Market Cap to Watch

28 Mar 2022 5 minute read 3 comments Mike Ermolaev

It has been a period of low volatility and price consolidation for Bitcoin markets, which has seen trading rise from $40,544 at the start of last week to the highest level of 47,408 briefly hit on March 28 and slightly down to $47,209 as I write. Thi...

You can now send Dash without the Internet connection

13 Mar 2022 1 minute read 4 comments SimonKyselica

No, I'm not joking.  Dash team introduced a new function on Dash Blockchain called "Dash Text".You can send Dash to Someone just by sending an SMS! And you don't need any internet for that. With SMS, you can send, receive and see your dash In your wa...