Dash (DASH)

484 Articles 51 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.


Top 5 Cryptocurrency Movers for January 10, 2021

11 Jan 2021 2 minute read 0 comments JakeB

Welcome to “Top 5 Cryptocurrency Movers” where I look at all the major crypto coins on the market and choose the five that made the biggest move (either positive or negative) on this day, explaining my thoughts why the move happened, as well as the h...

IS DASH THE CRYPTOCURRENCY FOR AFRICA???

10 Jan 2021 3 minute read 1 comment Cryptonalyzed blog

A 2020 estimate puts the population of the continent at 1.3 billion people, which is 17.5% of the world’s population. This invariably makes the continent a huge market for investors and global progressive financial trends like cryptocurrency. Yet the...

Dash is no longer as private as it seemed.

8 Jan 2021 1 minute read 1 comment Makingdigital

Exactly on January 1st, I announced, coincidentally here on Publish0x, that Bittrex was going to delist the cryptocurrencies Monero, Zcash and Dashcoin. Presumably for its famous apology for privacy and hiding user data when they transact with them....

Why Is Utility Not Always Valued in Cryptocurrency?

8 Jan 2021 1 minute read 2 comments TheDesertLynx

Like any technology or business, cryptocurrencies are supposed to be useful. The thought is, if something solves real-world problems for people cheaply and efficiently, the market will reward the technology by valuing it in the market over competitor...

Dash Says its Privacy is No Better Than Bitcoin’s

4 Jan 2021 1 minute read 3 comments Abhimanyu Krishnan

On Jan. 2, the Dash team officially stated that its privacy is no better than that of Bitcoin. The statement follows the news that Bittrex would be delisting the DASH token along with Monero (XMR) and Zcash (ZEC).  The team has clarified that DASH i...

Governments' Fearful Dream, Privacy Coins

3 Jan 2021 3 minute read 0 comments Nas.A

Governments' Fearful Dream, Privacy Coins   The Bittrex exchange announced on January 15th that it would drive the privacy coins Moneo, Zcash and DASH into delusion. Bittrex first removed XRP trading pairs after facing a lawsuit against Ripple by the...

Removal Approved in Expansion

3 Jan 2021 2 minute read 1 comment alquimista1501

2020 has left us with several interesting topics and many unfinished news that will take shape throughout this new period. Although, the impact on the price of Bitcoin (BTC) continues to set new directions, but no less true that there are several blo...

Privacy Coins Are Not Anti-Government, Dumbshit

3 Jan 2021 2 minute read 6 comments AlucardLife

I'm more than happy to take on the government FUD I know is coming with privacy coins. I have them, I use them. Suck my nuts. I'm here to tell you one thing. Privacy coins are not anti-government. We just don't want to be governed by YOU. The republi...

Privacy Coins And Regulatory Restriction

3 Jan 2021 2 minute read 0 comments mummyrio

US government may not be friendly to privacy coins in the future. It is shown by delisting some privacy coins by bittrex exchange. Bittrex exchange announced that it would delist some privacy coins like Dash, Monero, and Zcash. pic sourece free imag...

Dash Podcast 162: Dash Developer Alex Werner on Platform "Evolution" Testnet Release!

2 Jan 2021 1 minute read 2 comments TheDesertLynx

Dash developer Alex Werner comes on the podcast to talk about Dash Platform testnet release and what it means. We discuss what actually happens with Platform, how it works, why it's useful, and what kinds of things can be built on it, including an in...