|Brief||Dash cryptocurrency was created by developers Evan Duffield and Kyle Hagan. The main distinguishing feature of Dash is the Darksend algorithm.|
|Last updated:||Monday, January 18, 2021 7:00:03AM UTC|
|Crypto Volatility Index (CVIX):||69|
|Current price, USD:||121.84|
|Market capitalization, USD:||1 209 286 236|
|Available supply:||9 925 504 DASH|
|Volume 24 hours, USD:||831 406 166|
General DASH facts, technical details and general information about Dash crypto currency
Dash cryptocurrency was created by developers Evan Duffield and Kyle Hagan. The main distinguishing feature of Dash is the Darksend algorithm. In order to make transactions anonymous, special servers called Masternodes collect and execute several transactions at once, "mixing" them - as a result, it becomes extremely difficult to track whose coins are transferred and for whom.
Released in 2014, Dash is often referred to as the "Anonymous cryptocurrency No.1". It is one of the three coins (together with Zcash and Monero) striving to become the leader in private zero-knowledge operations.
Thanks to the mechanism of intermixing payments, Dash is the most confidential crypto currency today. Another key feature of Dash is the hashing algorithm X11. While most crypto currencies use either the Scrypt algorithm or the SHA-256 as a proof-of work, the alternative X11 allows users with less powerful equipment to compete with those who use specialized equipment for mining. X11 also consumes 30 percent less power than Scrypt, which reduces the cost of electricity in the mining process.
The mechanism behind Dash’s secrecy feature is Darksend – the transactions are first split into even parts and then are mixed in several stages, each time by a different computer which is called a “masternode”.
Operating masternodes is incentivized so it’s one of the ways one can earn Dash coins. Another option would be mining – one must know, however, that masternodes do not mine, and mining computers cannot serve as masternodes.
Dash (DASH) describes itself as digital cash that aims to offer financial freedom to everyone. Payments are fast, easy, secure, and with near-zero fees. Built to support real-life use cases, Dash aims to provide a fully-decentralized payments solution. Users can purchase goods at thousands of merchants and trade it at major exchanges and brokers around the globe.
We list daily Dash historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Jan 09||96.31||100.29||98.55||1 071 641 205|
|Jan 10||110.02||110.02||149.22||1 426 660 327|
|Jan 11||148.71||110.82||148.71||1 196 004 877|
|Jan 12||123.62||119.13||133.02||1 241 733 971|
|Jan 13||127.72||120.62||136.07||1 338 217 135|
|Jan 14||133.25||130.98||136.23||1 312 063 359|
|Jan 15||132.72||121.22||135.85||1 235 940 174|
|Jan 16||124.08||122.71||129.77||1 243 336 041|
|Jan 17||125.60||121.10||126.23||1 236 564 751|
|Jan 18||123.85||121.84||125.60||1 209 286 236|
|DASH price change 24 hours||-1.07%|
|DASH price change 7 days||-1.98%|
Dash is widely used throughout Brasil, Columbia, Venezuela, and Mexico as an actual accepted currency (still just a dream for most other cryptos). It has recently been integrated into the Defi markets. It has an actively building development team...
Orion October 28, 2020 DASH
I am convinced that Dash might be superior to Bitcoin in many ways, especially when it comes to the scalability and anonymity of transactions. But, though having some of the best fundamentals, Dash isn't doing all too great this year. To be more...
Original Crypto Punk April 20, 2020 DASH
When it comes to fundamentals, Dash is definitely one of my favorite cryptocurrencies. It won't go in detail about the benefits of this privacy coin, but it surely offers some brilliant solutions. However, it would place too much confidence in Dash...
G1ann1 April 18, 2020 DASH
The only thing propping Dash up at the moment is it's one of the more recognized cryptos out there. It’s so far from its ATH that at this point it seems nearly unobtainable. Although certain coins reached such high prices, it’s important to remember...
D0naldDuckk September 2, 2019 DASH
I was telling all my friends to buy as much DASH as possible about 2 months ago. Lo and behold here we are a short time later and this coin has pumped! It was such a no brainer- a coin that was once over 1k and then sitting at $70. It was only a...
Tomas April 14, 2019 DASH
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