Dash (DASH) News, Price Predictions, Opinions and Analyses Created by Users

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.

Talking Dash Platform, Venezuela, and Kraken!

18 Sep 2020 1 minute read 3 comments Tao of Satoshi

I finally had a chance to test out the iOS version of Dash Platform, and will share with you my early impressions. LocalCryptos pointed out that gas fees on Ethereum have the potential to wipe out large chunks of savings for people that put faith in...

Cloudbet Wins Big by Adding Dash's Instant Transactions

19 May 2021 1 minute read 2 comments Tao of Satoshi

If you've ever used Dash's instantly confirming transactions, you know they are a cut above the rest. You also know that Dash has maintained ultra-low fees to go with them. Exchanges such as Coinbase, Kraken and Binance use them, and now Cloudbet has...

Dash Coin Broke Out Another Wedge | A Beginning Of Big Bullish Reversal

9 Jan 2022 1 minute read 0 comments moon333

    Hi dear friends, hope you are well and welcome to the new update on Dash coin.Big triangle:On a weekly time frame Dash is at the support of a big symmetrical triangle and there is a high probability for a bullish reversal to hit the resistance o...

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 162: Dash Developer Alex Werner on Platform "Evolution" Testnet Release!

2 Jan 2021 1 minute read 2 comments TheDesertLynx

Dash developer Alex Werner comes on the podcast to talk about Dash Platform testnet release and what it means. We discuss what actually happens with Platform, how it works, why it's useful, and what kinds of things can be built on it, including an in...

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...

🔥 Abra with over 2M active users 👉 Buy, trade, borrow, and earn interest on crypto.

14 Dec 2021 1 minute read 0 comments FreedomBuilder

  ✅ Abra offers customizable services for high net worth clients, family offices and Registered Investment Advisors (RIAs), as well as institutions.   🔥 Try out Abra and earn $25 in $CPRX! link below to signup.https://www.abra.com/ref/?deep_link_sub1...

How to Use the Dash Incubator Developer Bounty Program

25 Feb 2021 1 minute read 1 comment TheDesertLynx

This is a step-by-step instructional video on using the Dash Incubator to get started building decentralized applications. Dash Platform is a data contract platform built on top of the Dash network enabling decentralized applications leveraging dece...

Why Is Utility Not Always Valued in Cryptocurrency?

8 Jan 2021 1 minute read 2 comments TheDesertLynx

Like any technology or business, cryptocurrencies are supposed to be useful. The thought is, if something solves real-world problems for people cheaply and efficiently, the market will reward the technology by valuing it in the market over competitor...

How to Live on Crypto: Buy Some Crypto

14 May 2020 3 minute read 0 comments TheDesertLynx

Hi, welcome back to how to live on crypto! In the first part I showed you how to use a wallet, the basic mechanism for sending and receiving funds. Now I’ll show you how to actually get some crypto to spend. Now I’m separating this into two differen...