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.


Dash Podcast 164: Developer QuantumExplorer on Dash Decentralized Digital Identities

30 Jan 2021 1 minute read 2 comments TheDesertLynx

Samuel Westrich, a.k.a. QuantumExplorer, comes on the Dash Podcast to talk about the base structure for Dash Platform, the decentralized application layer of the Dash network, now out on testnet. We talk about Dash's unique main-chain-plus-sidechain...

You still don't have any DFI Coins? Pool by Cake promo extended

30 Jan 2021 1 minute read 0 comments Jakonfire

How to get $30 worth of DFI Congratulations to everyone who got their free DFI coins last year. Since my post here, the price has risen by more than 200% and your free DFI are currently worth more than 60 USD. If you missed the opportunity to invest...

Are Older Cryptocurrencies Still Worth Your Time?

23 Jan 2021 1 minute read 7 comments TheDesertLynx

Cryptocurrency has undergone significant technical innovation and overhauls over the past decade, with newer projects coming out all the time. Some projects, such as Bitcoin, Ethereum, Dash, Litecoin, Monero, and others, have been around for a very...

Dash spreading its wings through Craypay #Dash investment Foundation (DIF) Vs Craypay.

21 Jan 2021 1 minute read 2 comments Cryptonalyzed blog

Dash is a digital cash designed to carry out instantly re-spendable and secure transactions, with near-zero fees. Dash as a cryptocurrency have integrated many beneficial programs and systems into its network,one of this beneficial programs is the Da...

Coinpot - how to use the most of it before it's closed

20 Jan 2021 9 minute read 0 comments Lyokoheros

Recently I did read about coinpot and its faucet closing in near future. I use that site for quite some time and I was a little upset they're going to close the website. I wanted to write an article about coinpot anyway, but I didn't expect it would...

Cryptowriter: Coinpot - The End

18 Jan 2021 5 minute read 22 comments Thomas Wolf

All seven of Coinpot’s cryptocurrency faucets will be shut down on January 31st, 2021.  Coinpot itself will shut down on February 28th, 2021. "Every ending is a beginning. We just don't know it at the time." ―Mitch Albom Most people who use cryptocur...

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...

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...

CRYPTOS THROUGH A POOR MAN'S EYE "cryptocurrencies you should investing In" PART 1

15 Jan 2021 4 minute read 12 comments Cryptonalyzed blog

Most of us that are from the 3rd world countries would definitely understand How hard it is to invest in cryptos, This is not just about the prices of these major cryptos but also the fear of loosing money after investing it, because sincerely speaki...

New Dash Investment Could Revolutionize the Whole Cryptocurrency Ecosystem

14 Jan 2021 1 minute read 4 comments TheDesertLynx

The Dash Investment Foundation just made an investment in retail savings app CrayPay. This is different from what Litecoin or Tron have done in that the Dash network itself actually owns this property, a revolutionary first in the cryptocurrency and...