DASH

Dash - digital cash with obfuscated transactions

• Dash is a code fork of Bitcoin and was released in 2014 as XCoin, later Darkcoin and finally as Dash. As a digital cash, Dash is specifically designed for payments, with a particular focus on user-friendliness and scalability.
• Dash introduced a second category of sybil secure network nodes alongside mining nodes with the invention of masternodes. As non-mining network nodes, Masternodes perform additional services to enable scalability, privacy, and user-friendliness on the Dash network, are rewarded for these services, and thus have an incentive to be constantly live and fully functional.
• Masternode owners have voting rights in the Dash DAO by proving their share, this voting right decides the allocation of up to 10% of the monthly block reward to proposed projects, for example for further development of the code, marketing or business development, the payout takes place automatically from the blockchain.

Alleinstellungsmerkmale von Dash

• First and largest masternode network
• Oldest functioning DAO with monthly decentralized project and development funding via Block Reward.
• Instant transactions thanks to InstantSend technology
• 51% mining attack resistance thanks to Chainlocks technology.
• Optional private transactions through decentralized multi-level mixing via Masternode network

Dash: Technische Besonderheiten

• Block time 2.625 Min
• Block size currently 2MB but will increase as transaction count increases
• Masternodes require a collateral of 1000 Dash for Sybil backup
• Masternodes are paid 45% of the block reward for their services via a proof-of-service process
• Network with largest X11 hashpower
• Smallest unit 0.00000001 Dash, also known as "duff"