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.


How to Live on Crypto: Get a Wallet

3 May 2020 4 minute read 411 comments TheDesertLynx

Hi, and welcome to this video series on how to live on crypto. If you’re looking to learn how to live completely off of cryptocurrency, you’ve come to the right place. I’m Joël Valenzuela. I’m a cryptocurrency and freedom advocate and have been invo...

How to Live on Crypto: Pay Bills

28 May 2021 1 minute read 62 comments TheDesertLynx

Hi, and welcome back for the final installment of this first run of how to live on crypto. Today I’m going to try to show you how to pay your bills using cryptocurrency. This is the most difficult part of living on crypto. If you can’t do it where y...

Dash "Election" Could Seriously Overhaul Its Decentralized Governance System

7 Nov 2020 1 minute read 19 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 163: Ernesto Contreras on Dash's Fast-Paced 2021

16 Jan 2021 1 minute read 3 comments TheDesertLynx

Ernesto Contreras of Dash Core Group's business development arm comes on the podcast to talk about Dash's adoption growth, particularly in Latin America. We cover the rise of decentralized exchanges (DEX), problems and solutions to using crypto for...

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...

ZENvangelist Journal - Building a new world one ZEN at a time

13 Oct 2021 2 minute read 2 comments PVMihalache

How summer in the Cryptoverse, and while many eyes are focusing only on Bitcoin or Ethereum, Horizen keeps evolving and innovating the world. I will cover the Horizen & Dash collaboration for the first-ever reward marketing blockchain, Morpheus Netwo...

What Ever Happened to DASH (DASH)?!

19 Oct 2021 1 minute read 1 comment Michael @ CryptoEQ

Dash is a Bitcoin fork that originally touted its privacy features but today focuses on the payments use case. Launched in 2014, Dash is the longest-running decentralized autonomous organization (DAO), which utilizes on-chain governance to make decis...

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...

Dash Podcast 182 with Dash Core Group Head of Business Development Ernesto Contreras

17 Oct 2021 1 minute read 1 comment TheDesertLynx

Ernesto Contreras, the Head of Business Development for Dash Core Group, comes on the Dash Podcast to give the community an update on the organization's business development efforts for Dash. We cover the BitPay and Coinbase Commerce problem, stemmi...

Dash Podcast 175 with Dash Core Head of Marketing Arden Goldstein

4 Jul 2021 1 minute read 4 comments TheDesertLynx

Dash Core Group's new head of marketing Arden Goldstein joins the Dash Podcast for a grand intro into the community. She details her background on Dash, and her quest to define the role and marketing opportunities now. We cover the marketing deficie...