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.

Bittrex will remove Monero Dash and Zcash!!

1 Jan 2021 1 minute read 0 comments Makingdigital

I already commented in another article previously that Bittrex is a very important Exchange within the network and that the changes it implements in its platform instantly trigger tremendous volatilities in the prices of cryptocurrencies. I have bad...

Was XRP The Fire Starter?

1 Jan 2021 1 minute read 7 comments acesontop

As of December 22, 2020, after the SEC announced their lawsuit against Ripple, quite a few crytpo exchanges, including Conibase, Bittrex and Bitstamp, announced their XRP delisting, creating more FUD and selling pressure. Recently though I read on tw...

Quidax Adds Dash as a Tradable Currency Pair

27 Dec 2020 2 minute read 0 comments Cryptonalyzed blog

Are you in Nigeria and you are looking for where to buy, sell or store your Dash??? Well look no more. Quidax, an African-based renowned crypto wallet (especially in  Nigeria), with over 600k downloads on google app store and over 550k download on io...

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 161: Mark Mason on Dash's 2020 Wrap-Up

19 Dec 2020 1 minute read 2 comments TheDesertLynx

Mark Mason joins the podcast to talk about all the exciting things going on at Dash at the end of 2020. We cover PR efforts, and how the old way of outbound PR is going away, and how the industry must adapt. We also cover marketing plans for 2021, in...

Extra Satoshis, with Passive Income Earnings, FaucetPay and faucetpay.club

18 Dec 2020 3 minute read 2 comments piearnings.com

Hello all, It's time for the first article. I am not a big fan of faucets, although a few may seem like an interesting solution for people who want to start their adventure with cryptocurrencies without risk and own contribution. You will need a few...

Father coins

18 Dec 2020 2 minute read 0 comments Blue Blood Strawberry

On the day I'm writing this, there are 8053 different cryptocurrencies on the "Coin Market Cap". We all know that at least one or two of those 8000 coins will explode 1000x. Many gem hunters will make their life objective to find that coin and become...

Stakecube Coin (SSC) mining via mobile and computer available on Stakecube

14 Dec 2020 2 minute read 19 comments PVMihalache

Big news from Stakecube, as they announced on Twitter that the mining of Stakecube Coin (SSC) was implemented on the platform. This option is available for all users, on mobile or computer, for free. The web-mining feature will allow users to use the...

Why privacy coins like Monero, Zcash and Dash are so important?

12 Dec 2020 4 minute read 14 comments LiquidAttic

Now and then I occasionally talk about privacy-related matters and why I think this is so important. Now I want to talk about why are one of the most popular cryptocurrency in the crypto world privacy coins. As I have said before in a recent article,...

Earn Money with your personal reviews

12 Dec 2020 1 minute read 3 comments Crypto Rookie

Hello everybody. While surfing I came across this portal crypto-reviews.com .The provider offers a lucrative payout for reviews of cryptocurrencies or other crypto portals.   Coin reviews in different languages possible: The reviews can be submitted...