|Brief||Dash cryptocurrency was created by developers Evan Duffield and Kyle Hagan. The main distinguishing feature of Dash is the Darksend algorithm.|
|Last updated:||Sunday, August 9, 2020 11:00:02AM UTC|
|Crypto Volatility Index (CVIX):||79|
|Current price, USD:||97.68|
|Market capitalization, USD:||942 041 245|
|Available supply:||9 644 480 DASH|
|Volume 24 hours, USD:||322 112 447|
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, $|
|Jul 31||81.38||80.53||83.06||793 759 733|
|Aug 01||82.56||82.23||93.00||888 208 883|
|Aug 02||92.64||84.09||94.06||817 643 997|
|Aug 03||84.99||84.99||88.98||844 139 915|
|Aug 04||87.66||86.17||88.56||838 983 747|
|Aug 05||86.84||86.58||92.83||884 031 000|
|Aug 06||92.34||100.47||98.08||971 173 749|
|Aug 07||100.53||100.02||99.97||929 248 021|
|Aug 08||96.91||100.08||99.51||946 840 420|
|Aug 09||98.07||97.28||98.37||942 041 245|
|DASH price change 24 hours||-3.38%|
|DASH price change 7 days||14.37%|
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
Dash doesn't really have much going for it in terms of development from the developers. It looks great when looking at the charts, but it just doesn't have the necessary catalyst to push it in the right direction. It would be great to see a big...
Scotty March 26, 2019 DASH
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