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    $39.4644 $ 39.4644
    +¥5204,24 -5.7% 1D
    1D 1M 1Y ALL
    No data
    Market Cap (USD)
    24H Volume
    Circulating Supply
    11.03M DASH
    Max Supply
    All Time High

    About Dash (DASH)

    Dash was originally called Dark Coin. It can be seen from the name that it is favoured by the black market. As an open-source peer-to-peer (P2P) cryptocurrency with technical improvements on the basis of Bitcoin, it owns good anonymity and decentralization features and is the first on the market to protect privacy. It can provide users with services such as instant transactions, anonymous transactions and alternative currencies.

    The white paper of DASH was released in 2014, with a total of 18.9 million issued. As soon as DASH came out, it was praised by users as the currency that can help realize the dream of Satoshi Nakamoto.

    The birth of DASH has something to do with the defects of Bitcoin's anonymity and transaction processing speed. In order to provide a better solution, Evan Duffield and his team officially founded Dash in January 2014. As a result, Dash has achieved related improvements on the basis of Bitcoin, and improved the anonymity of transactions by confusing transactions with a decentralized network server "master node". In addition, the transaction processing speed can be improved based on nodes. At this point, Dash, which is decentralized and has excellent anonymity, was officially born.

    Dash block rewards are divided between two tiers, miners and masternodes. Among them, miners get 45% of the return, master nodes get 45%, and the remaining 10% will be distributed to the decentralized Dash budget system. The generation of each block takes 2.5 minutes, and each block rewards miners 3.6 Dash.

    How Dash works

    Similar to Bitcoin, the Dash network is secured by a proof-of-work consensus mechanism. What is worth mentioning is that it uses the X11 algorithm based on 11 different hash functions. Its masternodes are a proof-of-service layer that acts as transaction mixers and boosters. Moreover, it serves as the voting mechanism for the Dash governance system.

    Features of DASH:
    High anonymity: In bitcoin transactions, all transaction data are recorded in the data blockchain, so that people can grasp the whereabouts of bitcoins, and then can query the recipient and sender. However, Dash has changed this point. Based on the anonymous sending technology, it uses the way of mixed transactions of "master node" on the decentralized network server to protect transactions from being tracked and queried, thereby improving the anonymity of the transaction.

    Instant Send: Compared to the slow progress of the Bitcoin network which takes 10 minutes or even hours to confirm transactions, Dash has its own technology for instant sending.

    Self-management system: Based on this system, the Dash network can allocate resources for R&D and marketing through proposals and voting, and each user can create and submit proposals on the network.

    DASH Crypto Wallet

    In addition to placing DASH in the Gate.io exchange for easy trading, users can also save DASH in a crypto wallet.

    The DASH community supports Dash Android, DashDirect, etc.

    Dash Android Wallet supports advanced Dash features, including InstantSend. Users can scan and display QR codes for quick transfers. They can also backup and restore wallets, save contacts, pay with NFC, swipe paper wallets, and more.

    DashDirect Wallet makes it easy for users to use Dash for daily purchases, and to easily get quick access to gift cards at over 155,000 in-store retailers and 125+ online stores. Moreover, users can save money instantly with every gift card purchase.

    In real life, users can choose wallet products that are more suitable for them according to their own needs.

    Dash Market

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