Name:Dash Launch Date: 2014-01-18
Dash aims to be the most user-friendly and scalable payments-focused cryptocurrency in the world. The Dash network features instant transaction confirmation, double spend protection, anonymity equal to that of physical cash, a self-governing, self-funding model driven by incentivized full nodes and a clear roadmap for on-chain scaling to up to 400MB blocks using custom-developed open source hardware. While Dash is based on Bitcoin and compatible with many key components of the Bitcoin ecosystem, its two-tier network structure offers significant improvements in transaction speed, anonymity and governance. This section of the documentation describes these and many more key features that set Dash apart in the blockchain economy.
Dash is an open source peer-to-peer cryptocurrency with a strong focus on the payments industry. Dash offers a form of money that is portable, inexpensive, divisible and fast. It can be spent securely both online and in person with only minimal transaction fees. Based on the Bitcoin project, Dash aims to be the most user-friendly and scalable payments system in the world. In addition to Bitcoin's feature set, Dash currently also offers instant transactions (InstantSend), private transactions (PrivateSend) and operates a self-governing and self-funding model that enables the Dash network to pay individuals and businesses for work that adds value to the network. This decentralized governance and budgeting system makes it one of the first ever successful decentralized autonomous organizations (DAO).
Name:Dash Release date: 2014-01-18 Algorithm: X11 (initiative)
Developer: Evan Duffield Gross:18,900,000 DASH Block size: 2MB
1.Instant transactions (InstantSend) made possible by the masternode network.
2.Anonymous sending, master node network.
3.The transaction fee is reduced to 1/10 (the immediate payment fee is only 0.0001DASH)
In China, Dash is used to a series of pyramid schemes before it is renamed.