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.


Coinpot Challenge Day 8 - Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

12 May 2020 1 minute read 0 comments Zemiatin

Hey guys. This is day 8 of my challenge and this is how my coinpot dashboard looks at the moment:  And this is how the value of my holdings looked yesterday in terms of dollars: Now, let's convert the tokens that we have today and see how much we i...

How to Live on Crypto: Shop Online

4 Jul 2020 3 minute read 7 comments TheDesertLynx

  How to live on crypto, part three: shop online! Hi, and welcome back to how to live on crypto! By now you should know how to get and use a wallet, as well as how to buy your first crypto. Now I’ll show you how to spend it. You’re probably going to...

Did you miss the DFI train? How to get $30 worth of DFI

23 Dec 2020 1 minute read 2 comments Jakonfire

How to get $30 worth of DFI As you can see in the cover picture, DFI has had an incredible price rale since its release. If you missed the opportunity to invest in the project early on, you can follow my instructions and earn 30USD for free. Cake is...

Dash Podcast 167 with Dash Core Developer Pasta

14 Mar 2021 1 minute read 3 comments TheDesertLynx

Dash Core Developer and wunderkind at large Pasta comes on the podcast to give an update on what the Core team has been working on with development. We also go into a deep dive on PrivateSend, Dash's CoinJoin implementation, and the future of possib...

Dash Product Update - September 6th, 2020

6 Sep 2020 1 minute read 9 comments Fernando Gutierrez

This post was republished from the Dash Core Group blog. The original post can be found here. ---- Hello, Dash community! Dash Core Group is a decentralized and remote team that continues to deliver on the promise of financial freedom. Here’s what’s...

Dash Podcast 169: Albert Castellana of StakeHound

11 Apr 2021 1 minute read 0 comments TheDesertLynx

Albert Castellana of StakeHound joins the Dash podcast to talk all things DeFi, particularly as it pertains to Dash. We first cover StakeHound, and its custodial approach to issuing token wrapping of assets that can then be used to participate in De...

Bitcoin ABC Announces Infrastructure Governance Council After Potential Bitcoin Cash Split

27 Aug 2020 2 minute read 10 comments TheDesertLynx

Bitcoin ABC, a main development organization for Bitcoin Cash, has announced the formation of a new governance council to oversee the distribution of infrastructure funds. These funds would come from an address under Bitcoin ABC's control derived f...

Vote For Your Favourite Crypto to be the 3rd added to LocalCryptos P2P Marketplace: Updated Feb 20

16 Feb 2020 2 minute read 11 comments B18

LocalCryptos is a peer-to-peer marketplace that currently supports Ethereum and Bitcoin. LocalCryptos began life as LocalEthereum in 2017 before changing their name in November 2019 when support for Bitcoin was added. Now LocalCryptos is looking to a...

Dash (DASH) Staking Guide

16 Jan 2021 1 minute read 7 comments Chriss

Dash - aims to provide fully-decentralized payment solution. Dash is the first cryptocurrency to introduce a Masternode concept. It's also coin that offers instant payments and optional privacy with PrivateSent.   Interesting Facts Dash has one of t...

What is Dash and price prediction

7 Jan 2020 1 minute read 0 comments nzflyer

What is Dash and price predictions. Dash is a private coin in some countries  which launched in Jan 2014, Now it has a market cap of  $ 507,775,334 with todays value of $55 USD a coin The  pump up stage is cause by Latin America  Venezuela with 70 %...