WHAT IS Dash (DASH)?
Dash (Darkcoin/XCoin) is an open source peer-to-peer cryptocurrency and the first fully decentralized, autonomous cryptocurrency organization. It offers multiple unique instant transactions (InstantSend), private transactions (PrivateSend)and operates a self-governing and self-funding model that enables the Dash network to pay individuals and businesses to perform work that adds value to the network. Dash’s decentralized governance and budgeting system makes it a decentralized autonomous organization (DAO).
Dash (DASH): HISTORY
Dash was originally released as XCoin (XCO) on January 18, 2014, by lead programmer Evan Duffield and the name was changed to “Darkcoin” on January 28. On March 25, 2015, Darkcoin was rebranded as “Dash,” a portmanteau of “Digital Cash.Within first two days of launch, 1.9 million coins were mined, approximately 10% of the total supply that will ever be issued.Evan attributed this to a bug created when the Litecoin code was forked to create Dash.The alternative proposals were disapproved by the community, and the coin continued.The majority of mined coins were distributed on cryptocurrency exchanges in the following months at deficient price levels.
HOW DOES Dash (DASH) WORK?
Dash’s unique structure runs on a two-tier network called the master node network. According to Dash developers, the network is an “incentivized full-node operation.” The Dash network’s first tier is composed of nodes, computers that communicate within the network. Miners use these nodes to verify Dash transactions and create new coins.The second tier is comprised of master nodes which are full nodes— computers that contain the entire blockchain of a cryptocurrency and enforce rules of the network. Master nodes facilitate specialized transactions for PrivateSend and InstantSend.
HOW TO BUY Dash (DASH)?
1. Get a cryptocurrency wallet: Dash offers an official desktop wallet that includes PrivateSend and InstantSend functionality. Dash developers also recommend Jaxx and Exodus.Wallets like Jaxx (iOS and Android), Coinomi (Android) and Dash Core (iOS) can be used for phones.Dash can be stored on specialized cryptocurrency wallets, such as KeepKey, Ledger Nano S, and TREZOR.
2. Buy Dash: The two main ways to buy Dash is to trade it with bitcoin or buy it directly with fiat currency through BitPanda and Kraken.It’s easiest to buy Dash if you already own bitcoin by moving your bitcoin to a cryptocurrency exchange and trading it for Dash. Bitfinex, Kraken, ShapeShift and Bittrex are a few popular exchanges that allow Dash trading.For fiat-to-Dash transactions, you can also sign up for Coinapult and Crypto Capital.
3. Transfer Dash to your wallet: Whichever exchange you use to buy Dash, transfer the coins to your wallet.
Dash (DASH) PRICE PREDICTION 2018
DASH can be a profitable investment option. Dash price equal to 632.877 USD at 2018-02-14. If you buy Dash for 100 dollars today, you will get a total of 0.158 DASH. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-02-09 is 5509.660 US Dollars. With a 5-year investment, the revenue is expected to be around +770.57%. Your current $100 investment may be up to $870.57 in 2022.Dash (DASH) price today is $632.96 and have the current supply of 7,883,262 DASH. The market cap value is $4,989,797,482 and the volume is marked as $82,006,400.Dash price prediction, Dash price forecast, DASH price and news, DASH price forecast, DASH price prediction 2018, What is the price of Dash 2018.