Cryptocurrency Market Capitalizations Dash
Dash (formerly known as Darkcoin and XCoin) is an open source peer-to-peer cryptocurrency that aims to be the most user-friendly and most on-chain-scalable cryptocurrency in the world. On top of Bitcoin's feature set, it currently 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 to perform work that adds value to the network. Dash's decentralized governance and budgeting system makes it a decentralized autonomous organization (DAO)
Dash was originally released as XCoin (XCO) on January 18, 2014. On February 28, the name was changed to "Darkcoin." On March 25, 2015, Darkcoin was rebranded as "Dash." Dash is a portmanteau of "Digital Cash."
Within the first two days of launch, 1.9 million coins were mined, which is approximately 10% of the total supply that will ever be issued. Creator and lead developer of Dash, Evan Duffield, attributed this to a bug created when the Litecoin code was forked to create Dash, "which incorrectly converted the difficulty, then tried using a corrupt value to calculate the subsidy" Once the problem was resolved, Evan offered to relaunch the coin, but the community overwhelmingly disapproved. He suggested an "airdrop" of coins in order to broaden the initial distribution but the community also disapproved of this proposal. As such, the initial distribution was left alone and development of the project continued. The majority of mined coins were distributed on cryptocurrency exchanges in the following months at very low price levels.
The Dash Core Team, responsible for developing the currency, has since grown to 30 full-time employees, 20 part-time employees, and dozens of unpaid volunteers. All Core Team employees are paid from Dash's budget system and therefore are not reliant on donations or sponsorships that can lead to conflicts of interest.
According to CoinMarketCap, in June 2017 the daily trade volume of Dash was approximately $100 million per day and the market capitalization of Dash exceeded $4.8 billion. Dash has become the most active altcoin community on BitcoinTalk reaching more than 6400 pages, 133k replies, 7.9M reads.
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The Crypto Markets Recover Upside-Down
by Joël Valenzuela on novembre 18, 2018 at 13:53
Amidst all the chaos and drama of the chain and community split in Bitcoin Cash, it’s impossible to ignore something even more compelling: the markets are still down. All the predictions of how long the bear market would last aside, it looks like we’re going to be hanging around low […]
This Week In Dash: November 12th – 17th
by Justin Szilard on novembre 17, 2018 at 18:31
This week has been another fabulous week for Dash with some awesome news developments! Continue reading to get a summary of the week! Dash Developments of the Week: Dash Breaks Record with 3 Million Transactions: On November 11th, the Dash network handled over 3 million transactions within a 24 […]
Dash Podcast 78 – Stress-Tests & Hash...
by Mark Mason on novembre 17, 2018 at 14:52
Video re-post of episode 78 of the Dash Force three amigos podcast. This week we reflect and discuss the Dash Core Group Q3 2018 summary call, 3 million transaction stress-test and our thoughts on the ongoing drama of the Bitcoin Cash hash war. The 3 amigos podcast takes place every Friday at […]
Dash Embassy D-A-CH Discusses Cryptocurrency...
by Justin Szilard on novembre 16, 2018 at 17:52
Dash Embassy D-A-CH recently attended the 5th GENOhackathon to discuss cryptocurrency adoption and how it can impact German-speaking Europe. Participants at the GENOhackathon developed solutions to the future of banking and heard presentations on potential solutions and progress towards these ends. […]
New Privacy Wallets for Bitcoin and Bitcoin Cash...
by Justin Szilard on novembre 16, 2018 at 14:01
Two new wallets, one for Bitcoin and the other for Bitcoin Cash, implement enhanced privacy features similar to those implemented by Dash. Wasabi Wallet 1.0 was recently released, which offers a privacy coin mixing process for Bitcoin much like CashSuffle offers the same service for Bitcoin Cash. […]