Read Our New Project Report About Bitcoin (BTC) - The World's Largest Cryptocurrency
A Cryptocurrency Allowing Speed And Privacy Features.
Share this article
Dash (DASH) is a cryptocurrency designed to serve as "Digital Cash". It allows "instant transactions with micro-fees".
Launched in January 2014, Dash relies on these three features: speed, privacy, and usability.
Dash is a Proof-of-Work cryptocurrency (X11 hashing algorithm) and relies on a network of Master Nodes (requiring 1000 DASH). Its supply inflation rate is decaying: it is bound to reach 0 in 2150.
Dash was the first cryptocurrency to include built-in privacy functions. Specifically, it introduced an extension of CoinJoin: PrivateSend. It is similar to a decentralized mixing service. Built at the protocol level, it is designed to keep coins fully fungible.