DASH

Dash

1.33%
Exchange Rates $ 41.63
Market Cap: $ 457 800 696.68
Circulating Supply: 11 024 782 DASH
www.dash.org

What is Dash

Dash is an open source decentralized digital currency, the first decentralized autonomous organization in history. The cryptocurrency was launched in January 2014 as a fork of Bitcoin. Dash is based on a two-tiered system: regular miners and masternodes. In order to run a masternode, users are required to own 1,000 DASH and to have necessary technical capabilities. Masternodes verify transactions, act as shareholders, and have the right to vote on proposals for improving the ecosystem of Dash. In addition to regular transactions, Dash offers users two other types of transactions. InstantSend allows to make transactions faster, by bypassing mining, and PrivateSend allows to make untraceable transactions. Dash utilizes the X11 hashing algorithm, that protects it from ASIC devices.

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