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 - how to use the most of it before it's closed

20 Jan 2021 9 minute read 0 comments Lyokoheros

Recently I did read about coinpot and its faucet closing in near future. I use that site for quite some time and I was a little upset they're going to close the website. I wanted to write an article about coinpot anyway, but I didn't expect it would...

Cryptowriter: Coinpot - The End

18 Jan 2021 5 minute read 22 comments Thomas Wolf

All seven of Coinpot’s cryptocurrency faucets will be shut down on January 31st, 2021.  Coinpot itself will shut down on February 28th, 2021. "Every ending is a beginning. We just don't know it at the time." ―Mitch Albom Most people who use cryptocur...

Dash (DASH) Staking Guide

16 Jan 2021 1 minute read 7 comments Chriss

Dash - aims to provide fully-decentralized payment solution. Dash is the first cryptocurrency to introduce a Masternode concept. It's also coin that offers instant payments and optional privacy with PrivateSent.   Interesting Facts Dash has one of t...

CRYPTOS THROUGH A POOR MAN'S EYE "cryptocurrencies you should investing In" PART 1

15 Jan 2021 4 minute read 12 comments Cryptonalyzed blog

Most of us that are from the 3rd world countries would definitely understand How hard it is to invest in cryptos, This is not just about the prices of these major cryptos but also the fear of loosing money after investing it, because sincerely speaki...

New Dash Investment Could Revolutionize the Whole Cryptocurrency Ecosystem

14 Jan 2021 1 minute read 4 comments TheDesertLynx

The Dash Investment Foundation just made an investment in retail savings app CrayPay. This is different from what Litecoin or Tron have done in that the Dash network itself actually owns this property, a revolutionary first in the cryptocurrency and...

Dash Cryptocurrency (DASH) Analysis

14 Jan 2021 1 minute read 0 comments Ayman Khalil

Our view of the Dash Cryptocurrency (DASH) is trading now in an Uptrend Direction   Let's view the amazing (DASH) cryptocurrency’s history to understand the style of its movement.  Started at the area of $ 90.00 (opening price) 28/3/2019 went to $ 13...

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...

WELCOME TO ALTSEASON " As Major Altcoins explodes"

11 Jan 2021 1 minute read 3 comments Cryptonalyzed blog

The week kick started with bitcoin failing to break it's all time high at $41,500 after several attempts, Bitcoin have been seen to have taken a very dip dive into the bearish zone with approximately $4500 loss in its price. Many speculates that thi...

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...