Dash DASH Price 21.95

The price Dash today is 33.75USD, and the trading volume in 24 hours is over 120 million dollars. Over the course of the day, the asset grew by 2.5%. The coin has a market cap of over 400 million dollars and has 0 coins in circulation with a max supply of over 12 million coins. According to the project's official document, Dash aims to improve Bitcoin by providing higher privacy and faster transactions. Dash has expanded to include features such as a two-tier network with motivated nodes, andInstantSend, which allows you to make instant payments. Duffield was a software developer with a background in finance before launching Dash. He first conceived of Dash in 2012 as a way to increase Bitcoin's anonymity, so he originally named it Darkcoin. Duffield served as CEO of Dash Core Group, a company that supports further development, integration, and other Dash activities, until December 2017, when he stepped down to focus on other strategic initiatives. He left the project in December of 2014. Dash wants to become the preferred platform for fast digital payments. This means removing at least some of the key obstacles to achieving this goal: transaction speed and high fees. InstantSend will allow you to compete with near-instant transaction systems, such as credit cards, at retail outlets without relying on a centralized authority. The miners get 45% of the block reward. Dash's infrastructure, marketing, and growth model are being improved. The maximum number of DASH coins is limited to 18.9 million. In addition to mining, DASH coins can be purchased through trading, and Dash can also be purchased through ATMs. In August 2020, a proposal was approved that will change the ratio of coins provided to miners and masternodes from 50% to 40%. At launch, Dash faced a similar problem due to an error in the difficulty adjustment algorithm. While it is well documented that Dash inherited the bug from Litecoin, there is still widespread speculation about whether the resulting fastmine was intentional, for the benefit of early miners. The first layer consists of nodes that perform mining operations according to the Proof-of-Work consensus protocol, which means that they compete to solve complex cryptographic problems, and at least 51% of the nodes must approve the transaction in order for it to be added to the block chain. The masternodes have the right to reject new blocks if they are approved wrong. The Dash ChainLocks feature increases security as every 12 hours a rotating group of masternodes watches and confirms all new blocks added to the network.