Dash (
$DASH ) is a decentralized, open-source cryptocurrency launched in January 2014 by Evan Duffield. Originally introduced as Xcoin and later rebranded from Darkcoin,
$DASH was designed to function as “digital cash” — offering faster, cheaper, and more practical transactions for everyday use compared to traditional cryptocurrencies like Bitcoin. It operates on a unique two-tier network: miners secure the blockchain using the X11 Proof-of-Work algorithm, while masternodes (which require 1,000 DASH as collateral) power advanced features such as instant transactions and governance voting.
$DASH is known for features like InstantSend, which enables near-instant transaction confirmations, and PrivateSend, an optional privacy feature that enhances transaction fungibility. Its decentralized governance model (DAO) allocates block rewards among miners, masternodes, and a treasury fund that supports development and ecosystem growth. With a maximum supply of approximately 18.9 million coins and a strong focus on speed, low fees, and usability, Dash positions itself as a practical payment-focused cryptocurrency in the evolving digital finance landscape.
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