0.0019 BTC
$615.888 M
$1642.22
$136.94 M
10.731 M
22.00%
10.731 M
1.085 B
18.9 M
-0.89%
0.29%
6.11%
-47.69%
-50.03%
-45.29%
0.29 %
Dash is a fork of Bitcoin that focuses on the payments use case. It has introduced a number of features to the industry including masternodes, LLMQs, ChainLocks, and InstantSend, which target scalability, speed, reliability, cost-effectiveness, and user experience. The Dash network is also the longest-running decentralized autonomous organization, utilizing on-chain governance to allocate network resources toward projects and organizations that support the network.
Dash originally was architected by founder Evan Duffield and a small group of other individuals who collaborated to create an alternative to Bitcoin that would enhance user experience by providing transaction speed that could facilitate everyday use as well as greater control over transaction privacy. They believed competing virtual currencies were not as viable for use in ordinary purchases, such as buying a cup of coffee, because transactions can take too long to confirm. In pursuit of this goal Dash created a two-tier network with incentivized nodes and decentralized project governance (Masternodes), instantly settled payments (InstantSend), instantly immutable blockchain (ChainLocks), and optional privacy (PrivateSend).
The Dash Network is governed by masternodes, powerful servers backed by collateral held in Dash designed to provide advanced services securely and governance over Dash's proposal system. In exchange for part of the block reward, masternodes provide a second layer of services to the network. They facilitate advanced functions such as InstantSend, PrivateSend, and ChainLocks, which protects Dash against 51% mining attacks.
Dash governance system, or treasury, distributes 10% of the block rewards for development of the project in a competitive and decentralized way. This has allowed the creation of many funded organizations, including Dash Core Group, Inc. (DCG), which supports continued development, integrations and other activities of Dash.
Dash was launched by Evan Duffield on January 18, 2014.
Original Dash Launch Announcement: https://bitcointalk.org/index.php?topic=421615.0
Dash pioneered the concept of using masternodes as incentivized full nodes to form the backbone of the network. Masternodes are responsible for providing layer two services and voting on the treasury system.
A detailed explanation of Masternodes can be found here: https://docs.dash.org/en/stable/introduction/features.html#masternodes
PrivateSend offers users optional privacy features.
For more information related to PrivateSend: https://docs.dash.org/en/stable/introduction/features.html#privatesend
InstantSend offers users instant finality on their transactions. While this originally required a higher fee, today the Dash network attempts to provide InstantSend locks for every transaction on the network.
Detailed explanation about InstantSend: https://blog.dash.org/deterministic-masternode-list-and-automatic-instantsend-now-live-f2028d833388
The treasury system allocated 10% of the monthly block reward to projects and proposals submitted for voting, making Dash the first DAO in the world.
DASH Price
$57.39
Trading Volume
$136.94 M
All Time High
$1,642.22
1hour Change
-0.89%
24hours Change
0.29%
24hours Range
-0.22%
24hours Low
$109.92
24hours High
$118.60
Liquidity ±2%
$1,669,279.02 B
Bids -2%
$16.69 M
Asks +2%
$20.02 M
Market Cap
$615.89 M
Fully Diluted Market Cap
1.08 B
Circulating Supply
10.73 M
Total Supply
10.73 M
Max Supply
18.90 M
But our scientists are working like crazy to get it.