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 397 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 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...

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 Coin Has Begun One Of The Biggest Bullish Reversal Of It’s History

11 Jan 2022 1 minute read 0 comments moon333

  Hi dear friends, hope you are well and welcome to the new update on Dash coin.Bounced from the support of big triangle:On a weekly time, frame Dash coin has bounced from the support of a symmetrical triangle and also crossed up the 100 simple movi...

Roger Ver on the #FiatFreeChallenge and the State of Cryptocurrency Adoption

25 Apr 2020 1 minute read 3 comments TheDesertLynx

  I had the fantastic pleasure of interviewing Roger Ver of Bitcoin.com and general cryptocurrency adoption legend status fame. We went deep into the state of adoption today, how far the technology has come, and how far it still has to go before it...

Nansen Analytics Is Now Free all you need to know

3 Apr 2022 1 minute read 1 comment niftyworld

Nansen Analytics Is Now Free all you need to know   Nansen recently announced that some of its features will be free to use. this includes the NFT Analytics tool, gas tracker, newsfeed, NFT indexes, trends, Stablecoin Master, 24h NFT market over...

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...

You can now send Dash without the Internet connection

13 Mar 2022 1 minute read 4 comments SimonKyselica

No, I'm not joking.  Dash team introduced a new function on Dash Blockchain called "Dash Text".You can send Dash to Someone just by sending an SMS! And you don't need any internet for that. With SMS, you can send, receive and see your dash In your wa...

LTC/ and DSH Elliott Wave Cycles Approaching Support

2 Feb 2022 1 minute read 0 comments FX Empire

Crypto total market cap made another intraday recovery, but looking at the whole structure, we actually see a sideways consolidation, which more and more looks to be a bearish formation.   Crypto total market cap made another intraday recovery, but...