Dash (DASH)

513 Articles 52 Followers

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.


Pipeflare NEWS

6 Oct 2020 1 minute read 0 comments Lgrt

Hello, following the update, PIPEFLARE brings new features.Setting up games that can bring in ZECs, no more capcha to obtain its rewards and finally addition of their cryptomoneie (FLR). For the rest everything remains. a little reminder: Pipeflar...

Crypto Weekly Roundup with Crypto Rays

4 Oct 2020 1 minute read 1 comment Venkatz

Crypto Weekly Roundup Crypto Rays Kucoin Update On 26th of September a security hack happened in Kucoin with 150$ million Crypto Assets are stolen Now  on October 3rd Kucoin global  CEO  Johnny Lyu  Tweeted  about that security Incident they found t...

Dash Implements Block Reward Reallocation, Releases Decentralized Identity Specifications

1 Oct 2020 2 minute read 0 comments TheDesertLynx

Dash has released version 0.16 on to mainnet, which includes a block reward reallocation adjusting the ratio of miner vs. masternode rewards. Additionally, two additional improvement proposals have been released outlining the specifications for user...

Huobi Pool Token - Receive now rewards in 24 different cryptos

1 Oct 2020 1 minute read 2 comments Jakonfire

Houbi now distribute 24 different Cryptos to the HPT hodlers. Sorry if i repeat it again and againt but I can hardly believe how quickly it gets more and more. Every balance bigger than 1000 HPT counts. In the past Huobi told several times they are g...

Release Announcement: Dash Core v0.16 on Mainnet

30 Sep 2020 1 minute read 6 comments Fernando Gutierrez

This post was republished from the Dash Core Group blog. The original post can be found here. ---- Dash Core Group is pleased to share that Dash Core v0.16.0.1 binaries are released and ready for deployment on mainnet by node operators. This is a maj...

StakeCube moved from PIVX to DASH codebase

30 Sep 2020 3 minute read 12 comments PVM

StakeCube moved from PIVX to DASH codebase as is aiming for a safer and more robust chain. The DASH codebase will allow the platform to update quicker and will concentrate on progress instead of fixing errors and issues. Superior privacy, instant tra...

Dash FastPass – The Future of Trading?

27 Sep 2020 1 minute read 0 comments Tao of Satoshi

A problem that has plagued cryptocurrency users (and traders specifically) since the inception of the space is deposits and withdrawals to and from exchanges taking a very long time. In a space where prices, opportunities and more can disappear or a...

Dash Podcast 155: Omar Hamwi of Dash Core Group Business Development

26 Sep 2020 1 minute read 2 comments TheDesertLynx

Omar Hamwi of Dash Core Group's business development team comes on the podcast to talk about the ambitious plans to take Dash mainstream, starting with traders, and then to mass consumers and businesses. The FastPass initiative, as well as the upcom...

Omar Hamwi on Dash's FastPass Streamlined Ecosystem for Traders

22 Sep 2020 1 minute read 0 comments TheDesertLynx

Dash Core Group's Omar Hamwi comes on the podcast to talk about FastPass, the new initiative targeted initially at traders to maximize Dash's special features in order to optimize speed and efficiency, creating an experience unparalleled in crypto t...

DailyCryptonews by cryptoborges - 21/09/2020

21 Sep 2020 2 minute read 0 comments Francisco Borges

Hi huys hope you enjoy your daily dose of crypto news. China sees advantages in being first on new digital currency ‘Battlefield’   Local media last month reported some of China’s major state-run commercial banks have already started conducting lar...