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.


CoinPot vs. FireFaucet

23 Jun 2020 2 minute read 5 comments Ronnie10

You might be aware of both faucets as I have covered them in earlier posts. But, this will be a comparison to see which faucet is more profitable which one to go to...etc 0.1 Registeration The registeration for both faucets is simple. But, if we were...

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...

Dash Podcast 168: Mark Mason on What's New and Exciting in Dash

30 Mar 2021 1 minute read 2 comments TheDesertLynx

The incomparable Mark Mason comes back on the Dash Podcast to talk about the exciting things coming up in the world of Dash. We go heavy into the new CrayPay app and how it will facilitate using Dash as a daily money, as well as the DashPay JS brows...

Dash Text: The Easiest Way to Send Dash with a Message

11 Aug 2020 1 minute read 3 comments Tao of Satoshi

Can you believe that every second about 193,000 text messages are sent worldwide? Well, According to data from the ITU (International Telecommunication Union), in 2011 more than 7 billion messages were sent by people around the world. Nowadays, a lar...

Bitcoin ABC Announces Infrastructure Governance Council After Potential Bitcoin Cash Split

27 Aug 2020 2 minute read 10 comments TheDesertLynx

Bitcoin ABC, a main development organization for Bitcoin Cash, has announced the formation of a new governance council to oversee the distribution of infrastructure funds. These funds would come from an address under Bitcoin ABC's control derived f...

Dash Podcast 171 With Dash Core Group Front End Product Owner Brian Foster

10 May 2021 1 minute read 0 comments TheDesertLynx

Front End Product Owner for Dash Core Group Brian Foster comes on the podcast to introduce himself and talk about his role in Dash. We go into a deep dive on Dash Core Group's product strategy, which products are areas of focus, as well as which one...

Dash Product Update - September 6th, 2020

6 Sep 2020 1 minute read 9 comments Fernando Gutierrez

This post was republished from the Dash Core Group blog. The original post can be found here. ---- Hello, Dash community! Dash Core Group is a decentralized and remote team that continues to deliver on the promise of financial freedom. Here’s what’s...

Coinpot Challenge Day 8 - Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

12 May 2020 1 minute read 0 comments Zemiatin

Hey guys. This is day 8 of my challenge and this is how my coinpot dashboard looks at the moment:  And this is how the value of my holdings looked yesterday in terms of dollars: Now, let's convert the tokens that we have today and see how much we i...

Darren Tapp on Scaling Blockchains and Dash On-Chain to Mass Adoption Levels

13 Jan 2021 1 minute read 6 comments TheDesertLynx

Dr. Darren Tapp, blockchain scaling researcher for Arizona State University, comes on the podcast to break down scaling research for blockchains, illuminating the limitations of growing a network on-chain, rather than off-chain through methods such a...

How to Live on Crypto: Shop Online

4 Jul 2020 3 minute read 7 comments TheDesertLynx

  How to live on crypto, part three: shop online! Hi, and welcome back to how to live on crypto! By now you should know how to get and use a wallet, as well as how to buy your first crypto. Now I’ll show you how to spend it. You’re probably going to...