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.
Dash News The #1 source for Dash news funded by the blockchain
Roger Ver on Bear Market, Bitcoin SV Hash War,...
by Joël Valenzuela on Gennaio 22, 2019 at 16:59
Bitcoin.com CEO and “Bitcoin Jesus” Roger Ver shares his perspective on the Bitcoin brand, Bitcoin Cash’s hash war with SV, working on mass adoption, and whether chain splits are good for free market competition. He also mentions running a Dash node and investigates merchant […]
Major Dash Wallet Upgrade for Android and iOS...
by Justin Szilard on Gennaio 22, 2019 at 14:12
The iOS and Android version of the Dash Wallet gets a major upgrade with many new features including preparing users for version 0.13 and its enhanced benefits. The most major improvement for both the iOS and Android version is the preparation for v0.13 since that upgrade brings new features to […]
Siacoin Lead Dev: 2019 Is the Year of the 51%...
by Joël Valenzuela on Gennaio 21, 2019 at 19:21
A recent post by the lead developer of Siacoin outlined the dangers facing proof-of-work mining and predicted that 2019 will be the year of the 51% attack. David Vorick, Siacoin’s lead developer, previously wrote about the state of cryptocurrency mining, showing how the mining industry has […]
Crypto Recap With the Crypto Lark and Naomi...
by Joël Valenzuela on Gennaio 21, 2019 at 16:23
Last weekend I had the distinct pleasure of joining the weekly cryptocurrency recap show. The show was streamed live simultaneously on the YouTube channels of The Crypto Lark and Naomi Brockwell. We covered a wide variety of topics including Dash’s 5th birthday and 0.13 update, the Grin […]
Salamantex POS System Integrates Dash, Makes...
by Justin Szilard on Gennaio 21, 2019 at 14:21
Dash Embassy D-A-CH has inked a deal with point-of-sales system, Salamantex, to integrate Dash into their devices. Salamantex’s Crypto Payment Terminal SX1801 is unique in that it not only accepts cryptocurrency payments, but can also accept debit/credit card payments when additional software […]