The live price of Dash is - per (DASH / USD) with a current market cap of $285.88M USD. 24-hour trading volume is - USD. DASH to USD price is updated in real-time. Dash is -% in the last 24 hours with a circulating supply of 12.26M.
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Dash is a digital currency. With its help, anyone anywhere in the world can make fast and easy transactions at any time, with low fees and without relying on central institutions. Based on a decentralized peer-to-peer network and protected by strong cryptography, it provides a secure, user-friendly, and accessible payment method. Dash is portable, affordable, divisible, and enables fast transactions, making it suitable for online and everyday use. Thanks to its low transaction fees and fast speed, Dash is used globally as a practical alternative to cash and credit cards. Moreover, it offers a solution for international remittances. In regions where traditional payment systems have technical barriers or where hyperinflation has destroyed the usefulness of existing currencies, Dash is especially popular.
In addition to Bitcoin’s functionalities, Dash also offers InstantSend and PrivateSend. Dash operates with a self-governance and self-funding mechanism, promoting a network led by independent entities. This decentralized governance and funding system makes it the first decentralized autonomous organization recognized under international law.
Dash distributes 45% of block rewards to miners, another 45% to Masternodes, and the remaining 10% to the Dash treasury. This incentivizes continuous network upgrades and allows dynamic scaling of the network.
Software developers are currently focusing on improving the experience for non-technical users. They aim to allow users to use contact names instead of cryptographic addresses for payments, and to enable one-click purchases on websites or mobile apps without central management.
Dash's biggest advantage comes from its Masternode network. This two-tier network gives Dash innovative capabilities beyond Bitcoin, enabling features such as instant transactions, anonymous transactions, and a budgeting system.
Like many Dash enthusiasts, I was once a Bitcoin fan. I was fascinated by Satoshi Nakamoto's creativity. However, the Bitcoin project later split into different factions with no sign of resolution, which became confusing. Other cryptocurrencies have their strengths, but only Dash’s Masternode network directly addresses the problems Bitcoin faces.
The double-spending problem – solved.
Privacy issues – solved.
Long transaction times – solved.
Lack of a real governance system – also solved.
Although every cryptocurrency has its pros and cons, Bitcoin’s issues prove that decentralized governance is crucial for the long-term strength of any digital currency. While others are busy addressing current technical problems, Dash has already built-in solutions for future challenges.
A digital currency that works online
Users can use Dash to make secure, instant online payments, while merchants can integrate the open-source payment platform built by millions of users worldwide.
X11 Algorithm
X11 refers to a hashing algorithm that uses 11 different algorithms in 11 rounds of computation, including blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, and echo.
X11 helps reduce GPU temperatures by 30%-50% and lowers power consumption by about 30%, making it one of the most GPU-friendly algorithms. To some extent, it also resists ASIC mining.
Masternodes
(Masternode, i.e., the two-tier reward network)
Bitcoin rewards the first node to package a block. It has only a single-layer mining network. Dash, however, has a unique two-layer structure:
The first layer: regular miners package transactions into blocks;
The second layer: the Masternode network confirms the blocks through consensus;
A Masternode is a full node that must provide services to the entire network and requires a 1000 DASH deposit. In return, Masternodes receive 45% of the block rewards.
InstantX
InstantX technology enables transactions to be confirmed within seconds, a qualitative leap compared to Bitcoin, and it already meets real-world payment needs. For technical details, refer to: InstantX Explained.
DarkSend
DarkSend enables anonymous transactions. For technical details, refer to: DarkSend Explained.
1. DashDrive – a distributed file-sharing system stored on the Masternode network.
2. DAPI (Decentralized Application Programming Interface) – a decentralized API that allows interaction between the Masternode network and user terminals.
3. DashPay Decentralized Wallets – lightweight wallet clients designed using the DAPI interface.
4. Second Tier (Masternode Network) – a Masternode network that provides security and services through a proof-of-service reward mechanism.
5. Budgets – a budgeting system where the Masternode network allocates funds through voting on various development proposals.
6. Governance – a management model where Masternodes vote to guide Dash’s development direction.
7. Quorum Chain – a dynamically maintained list of Masternodes that have been stably online long-term, used to compute past and current Masternode lists.
8. Primitives – user-friendly concepts like friends, groups, and accounts for easier interaction with the Dash network.
9. Social Wallet – a social wallet based on primitive concepts, featuring friend lists, user group categorization, account sharing, messaging, and more.
10. DSQL – a data-structured language used by quorum Masternodes to manage various affairs in the Dash network (e.g., blacklists, soft forks, etc.).
The Dash to other currencies exchange rate?
