What is Dash (DASH)?

Dash is an open-source digital currency launched in January 2014 — initially named XCoin, later Darkcoin, before rebranding to Dash (short for “Digital Cash”) in March 2015. A fork of Bitcoin, Dash was created by Evan Duffield to offer a faster, more scalable, and privacy-focused alternative to traditional crypto.

Dash operates using a two-tiered architecture: standard miners and masternodes. Masternodes require a 1,000 DASH stake and enable advanced features like:

• PrivateSend for optional privacy mixing
• InstantSend (for near-instant transactions).

Dash also introduces a self-funding and self-governing model: each block reward is split among miners, masternodes, and a treasury used to fund development and ecosystem growth. [1]

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