Dash

Dash

(DASH)
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About Dash

Dash (DASH) is a payments driven cryptocurrency and blockchain network that is focused on creating faster and cheaper digital payments. The network was conceived in 2012 and founded by two software developers Evan Duffield and Kyle Hagan, initially as XCoin, then changing its name to Darkcoin, before finally settling on the name Dash in March 2015. The name Dash stems from “digital cash” and is a hard fork of the Litecoin network, designed to improve on the anonymity aspects of Bitcoin as well as transaction speed.

The open-source blockchain aims to be “the most user-friendly and scalable payments-focused cryptocurrency in the world." Through the use of masternodes that hold collateral in Dash, the network is designed to provide advanced services such as second layer functions like InstantSend, PrivateSend and ChainLocks, and governance over the network’s proposal system. The network utilizes a bespoke Proof of Work hashing algorithm designed by Duffield called “X11”. This involves a sequence of 11 hashing algorithms that ensure the integrity and security of the network.

The Dash network aims to facilitate fast global payments to both individuals and institutions, catering to the likes of remittance markets, financial services and merchants. The maximum supply of DASH is 18,900,000. See the chart above depicting the DASH price data and use the Buy button to start trading.

Key Statistics

Ranking

93

24H Volume

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Circulating Supply

DASH 10.55m

Market Cap

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