Dash
DASH
Crypto
Store of Value
USD 36.55-14.6%
Dash
UMushroom community rating:
About
Store of Value
CategoryProof Of Work
Consensus MechanismL1
L1/L2n/a
Sub-cateegoryn/a
Ecosystem2014
Year of creation
Description
Dash (DASH) is a Store of Value crypto coin. The coins can be earned through the process of mining. Dash`s origin block was generated on 2014-01-18. More information can be found at https://www.dash.org/.
Key Technical Advantages:
Masternode Network: Dash introduces a two-tier network architecture, with the second tier consisting of masternodes. Masternodes are full nodes that have a collateral of 1,000 DASH and provide services such as PrivateSend and InstantSend. They receive 45% of the block reward as an incentive for their services. PrivateSend: PrivateSend is a built-in privacy function that improves transaction anonymity using a decentralized implementation of CoinJoin, with enhancements like chaining, denominations, and passive ahead-of-time mixing. This allows users to enjoy a high degree of privacy while transacting with Dash. InstantSend: InstantSend is another key feature of Dash, enabling near-instant transaction confirmation without a centralized authority. It leverages the masternode network to lock transaction inputs, allowing for quick and secure transactions, making Dash suitable for point-of-sale situations. Trustless Quorums: Dash uses trustless quorums, which are groups of masternodes selected pseudo-randomly to perform sensitive tasks without the need for a central authority. This approach ensures that no single entity can control the entire network of masternodes, maintaining decentralization and security. Proof-of-Service: To ensure that masternodes provide quality service and remain active, Dash employs a proof-of-service mechanism where masternodes are checked by other nodes in the network. This system helps detect and deactivate nodes that fail to provide the required level of service, further strengthening the network's stability and performance. Content summarized by AI chatbotSource:
https://docs.dash.org/Key figures
27.1%1Y
-70.1%3Y
-12.6%5Y
Performance
40/ 361D
69/ 271M
69/ 191Y
Highs/ Lows
30.08.2022
USD 1,493.59
All Time High
2.45%
% of All Time High
-98.67%All Time
-47.27%1 year
Max drawdown
#160
Ranking by Market Cap
468.13 M
Market cap (USD)
0.00%
% of Market
2,070.073 B
Category Market Cap (USD)
0.02%
% of Category
12070995
Circulating Supply
12070995
Liquid Supply
100.00%
Liquid/ Circulating Supply
18900000
Max Supply
63.87%
Circulating/ Max Supply
139198007
Volume Traded
24.74%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
0.00
Innovation:
0.00
Society:
0.00
Nature:
0.00
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