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.


Dash Faucet Finaly here

2 Sep 2020 1 minute read 0 comments Crackers

As of 3 hours ago Pipeflare have now added Dash coin to there line up of free daily coins to your wallet now get them while they are avaliable has the tweet says they only have $ 1000 a month  As you can see they but they where planning Friday and...

I Tested Various Crypto Faucets with Celsius To See If I Could Get Free Crypto & Earn Interest On It

9 Jan 2020 2 minute read 2 comments AtomCollector

So first of all a disclaimer - this post contains affiliate links but other than that I was just doing this as an experiment to see if it would work. Also this post is for informational purposes only and is NOT FINANCIAL ADVICE There are a lot of...

One Of My New Favorite Faucets! Faucet Crypto

11 Jul 2020 1 minute read 0 comments SuperLaPlante

One of my new favorite Crypto Faucets I have been using for a couple of months and trying my best to visit every day and doing all the tasks is       Faucet Crypto  The reason why I like this site is it does have a great design. and it is very easy t...