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 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...

HOW TO ORGANIC CREATE YOUR CRYPTO NETWORK

9 Dec 2020 1 minute read 2 comments bmvtyea

In my first post i've explained how you can actually boost your earnings with faucets with consistancy and most important your referrals. In this post i'm actually going to show my experience and my tactics on how you can organic increase your referr...

Dash Podcast 160 With Dash Core COO Robert Wiecko

5 Dec 2020 1 minute read 0 comments TheDesertLynx

Robert Wiecko, COO of the Dash Core Group, comes on the Dash Podcast to talk about the exciting things coming up for Dash this year and next. We cover the next several releases, including Dash Platform MVP hitting testnet this year, and the release...

DASH New Ecosystem

5 Dec 2020 1 minute read 1 comment Juan Molina

Source Dash Fastpass, is an accreditation that came into effect from September 10, 2020, which has been granted to all those platforms and network of services that have enabled Dash's security features, such as "ChainLocks" and "InstantSend". With th...

What makes DASH special ?

4 Dec 2020 1 minute read 0 comments Luckymercy

         The backbone of dash network is it's masternodes that enables faster and higher transaction speed and privacy compared to bitcoin.      Although, DASH was forked from bitcoin, dash can make further improvements because it operates on a self-...