CRYPTO PROJECTS: DUE DILIGENCE, RATING, BLACKJACK
11th of June 2019
Dash ruen
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11th of June 2019
What is Dash?

Dash is a promising cryptocurrency, originally developed on the basis of Bitcoin code. Dash has appeared on January 18, 2014 and was firstly called XCoin. On February 28, 2014, the name was changed to Darkcoin, and on March 25, 2015, the cryptocurrency was named Dash. Dash is a short name for Digital Cash.

Despite the fact that the base code of Dash is Bitcoin code, the cryptocurrency has a number of significant improvements and unique characteristics, such as:

  • anonymous transactions;
  • masternodes;
  • X11 combined hashing algorithm;
  • instant payment system;
  • voting and self-financing system, etc.

Dash is distinguished by a decentralized management system in which each member of the network can submit his proposals for public discussion. By voting for the proposals put forward, decisions are made on projects related to the development of Dash. This approach increases the degree of cryptocurrency decentralization and allows to quickly make decisions on its development.

The goal of Dash is to become the most convenient cryptocurrency payment method in use. Dash allows to perform instant and, if necessary, anonymous transactions, has developed systems of self-management and self-financing, which contribute to its full development.

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