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...

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...

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 Podcast 173 with Mike Lewis of the Dash Investment Foundation

6 Jun 2021 1 minute read 1 comment TheDesertLynx

Mike Lewis, Dash Investment Foundation supervisor, comes on the podcast to talk about the DIF in-depth and answer some questions. We go over the mission of the world's first decentralized hedge fund, and how it plans to both help the Dash ecosystem...

Dash Podcast 183 with Dash Investment Foundation Supervisor Rodrigo Ambrissi a.k.a. Rodrix Digital

27 Oct 2021 1 minute read 0 comments TheDesertLynx

Dash Investment Foundation (DIF) Supervisor Rodrigo Ambrissi, a.k.a. Rodrix Digital comes on the Dash podcast to talk about the latest DIF news including of course the Valkyrie Bitcoin ETF, and how the DIF's investment in Valkyrie's seed round reall...

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 (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...

Dash Podcast 181: Dash Core Group CEO Ryan Taylor

9 Oct 2021 1 minute read 3 comments TheDesertLynx

Ryan Taylor, CEO of the Dash Core team, comes on the Dash Podcast for a regular update and Q&A on the status of Dash. We go deep into regulation, and the "privacy coin" label and what will happen in the future on the subject. We also go into the Ven...

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 Podcast 176 with Mark Mason: DashDirect, Dash Marketing Hub and More!

18 Jul 2021 1 minute read 0 comments TheDesertLynx

The incomparable Mark Mason comes on the Dash Podcast to talk, for once, about everything wrong with, and holding back, Dash. At the risk of controversy, we cover all the issues with leadership, missed opportunities, and more, that have affected the...