Dash is an open-source blockchain and cryptocurrency that aims to provide a quick, affordable, and decentralized worldwide payments network. The project's white paper states that Dash aims to outperform Bitcoin (BTC) by supplying improved privacy and quicker transactions.
Dash, which stands for "digital cash," was introduced as a fork of Litecoin (LTC) in January 2014. Since going live, Dash has expanded its capabilities to include things like a two-tier network with rewarded nodes, including "masternodes," and decentralized project governance; InstantSend, which enables instantly settled payments; ChainLocks, which makes the Dash blockchain instantly immutable; and PrivateSend, which provides additional optional privacy for transactions.
Dash (DASH) is digital cash designed to offer financial freedom to everyone. Payments are instant, easy and secure, with near-zero fees.
Built to support real life use cases, Dash is the leading decentralized payment solution. Users can purchase goods at thousands of merchants and trade it at major exchanges and brokers around the globe.
Since its creation in 2014, Dash has demonstrated leadership in innovation and pioneered groundbreaking features such as:
-Two-tier network with incentivized nodes and decentralized project governance (Masternodes)
-Instantly settled payments (InstantSend)
-Instantly immutable blockchain (ChainLocks)
-Optional privacy (PrivateSend)
Above are only for introduction, not intended as investment advice.
Explore the tokenomics of Dash (DASH) and review the project details below.
What is the allocation for Dash (DASH)?
Dash was designed as a decentralized payment solution emphasizing speed, security, and privacy. The DASH tokens are not just a medium of exchange within the network but also play a role in governance. Initially, the DASH supply stood at 18.9 million. Out of this:
- 10% is allocated to a pre-mine, amounting to 1.9 million DASH
- 48% is allocated to Masternodes, facilitating advanced features in the Dash ecosystem
- 42% is allocated to Miners
What is the supply schedule for Dash (DASH)?
The total supply of DASH undergoes a reduction, driven by a mechanism called Masternode burning. In this process, whenever a transaction occurs on the network, Masternodes, which are specialized nodes in Dash facilitating enhanced functionalities like instant transactions and governance, burn a fraction of the transaction fee. This continual burn contributes to a decrease in DASH's overall supply, which in turn should theoretically contribute to its value appreciation.
Dash is an open-source blockchain and cryptocurrency that aims to provide a quick, affordable, and decentralized worldwide payments network. The project's white paper states that Dash aims to outperform Bitcoin (BTC) by supplying improved privacy and quicker transactions.
Dash, which stands for "digital cash," was introduced as a fork of Litecoin (LTC) in January 2014. Since going live, Dash has expanded its capabilities to include things like a two-tier network with rewarded nodes, including "masternodes," and decentralized project governance; InstantSend, which enables instantly settled payments; ChainLocks, which makes the Dash blockchain instantly immutable; and PrivateSend, which provides additional optional privacy for transactions.
Dash (DASH) is digital cash designed to offer financial freedom to everyone. Payments are instant, easy and secure, with near-zero fees.
Built to support real life use cases, Dash is the leading decentralized payment solution. Users can purchase goods at thousands of merchants and trade it at major exchanges and brokers around the globe.
Since its creation in 2014, Dash has demonstrated leadership in innovation and pioneered groundbreaking features such as:
-Two-tier network with incentivized nodes and decentralized project governance (Masternodes)
-Instantly settled payments (InstantSend)
-Instantly immutable blockchain (ChainLocks)
-Optional privacy (PrivateSend)
Above are only for introduction, not intended as investment advice.