Logo Dash DASH

Digital cash hard fork of LTC with hybrid PoW+PoS, added with privacy element

178.4 -10.84%


What is Dash?

Dash is an open source, decentralized, peer-to-peer cryptocurrency that aims to be scalable and user friendly. Dash offers significant improvements in transaction speed, privacy and governance, compared to Bitcoin. Dash was launched in 2014 after Litecoin hard fork. It uses two tier network structure; Proof-of-Work (PoW) which is similar to Bitcoin and Litecoin, and masternodes. Dash splits block rewards between three stakeholders; 45% for masternodes, 45% for miners, and 10% for treasury to finance future development projects.