Team Dash announced a contract with the online resource rewards.com. The popular site has a unique cashback program which helps to encourage shopping around the world in more than 7,000 online stores. With the...
Dash DASH 89.275789237822 USD -3.82%)
0,00249551 BTC rank 82 Market cap 942.07 M
volume (24h) 180.68 M
89.275789237822 USD -3.82%)
942.07 M USD
180.68 M USD
Dash is an anonymous open source cryptocurrency that appeared in January of 2014. The market symbol is DASH. Until March of 2015 it was called Darkcoin. The new name Dash is a combination of two words: Digital and Cash. Anonymity and high-speed transactions are achieved using the DarkSend network technology which was developed by the Dash team. The project's website claims that the speed of one transaction is less than a second. The market capitalization of Dash in 2018 was more than $2.2 billion.
What does Dash have?
Developers are trying to position the project more as an alternative international payment system, and not just as a cryptocurrency.
The project team is not "encrypted": it is actively working to promote and improve the product.
Dash has almost become the main currency for Venezuela. The national fiat currency has depreciated due to hyperinflation and the people of the country prefer to pay for goods and services with this cryptocoin in particular.
Dash works on the principle of decentralized autonomous organization (DAO). Most other cryptocurrencies operate differently - through a system of consent, which requires a large number of participants, which in turn leads to organizational problems.
The system involves two levels of miners and master nodes, which makes operations on the network safer.
The value of Dash peaked in January of 2018, the price for 1 Dash was $1,500.
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