Dash is a blockchain-based decentralized cryptocurrency and payment network that provides users with instant and private transactions. Dash was created in 2014 by Evan Duffield and has since become one of the leading cryptocurrencies in terms of market capitalization and user base. Dash is based on the blockchain technology, which allows users to securely store and transfer digital assets.
Unlike other cryptocurrencies, Dash offers a unique feature called InstantSend, which allows users to make transactions almost instantly. InstantSend transactions are confirmed within seconds, making Dash one of the fastest cryptocurrencies on the market. Dash also offers PrivateSend, which enables users to make transactions anonymously. PrivateSend transactions are mixed with other transactions, making it nearly impossible to trace the sender or receiver of a transaction.
Dash also features a powerful decentralized governance system called Masternodes. Masternodes are special nodes on the Dash network that are responsible for processing and validating transactions, voting on proposals, and providing other services to the network. Masternode owners are rewarded for hosting the nodes and for verifying transactions. This reward system encourages users to become Masternode owners and provides a secure and stable network.
Founder: Evan Duffield
Launched On: 2014-01-18
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Proof of work
$26.092
$317,504,290.664
12,168,581.874 DASH