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Dash price

(DASH)

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$199.47
-3.03%

Market stats

$2.1B

$209.0M

10.3M DASH

24 days

50% buy
50% sell

#33

About Dash

Dash is a cryptocurrency with optional speed and privacy features. Its unique network architecture consists of both regular miners and privileged machines called Masternodes.

How it works

Dash uses a unique consensus mechanism that isn’t quite like Bitcoin’s proof of work or like Cardano’s proof of stake (even though it is based on staking). Instead of requiring transaction confirmation from all of the network’s nodes, special validators called “Masternodes” can instantly verify a transaction. 

Each Masternode is incentivized to be honest because they must have at least 1,000 of their own DASH staked. This staked DASH can be “slashed” if the Masternode validates an improper transaction. In exchange for doing the work of verifying transactions, Masternodes earn rewards.

Keep in mind

Dash is designed to be also self-governing and self-funding, which helps position DASH as a sustainable and useful cryptocurrency for sending and receiving payments. 

Released: January 2014

Dash is on the rise this week.

The price of Dash has risen by 2.84% in the past 7 days. The price declined by 3.03% in the last 24 hours. In just the past hour, the price grew by 0.90%. The current price is $199.471 per DASH. Dash is 87.85% below the all time high of $1,642.22.The current circulating supply is 10,337,300.992 DASH.

Top stories

UK’s tax authority wants to deploy a blockchain analytics tool to catch crypto cybercriminals

HM Revenue and Customs (HMRC) is looking for a tool which, at a minimum, would help track seven digital assets - bitcoin (BTC), bitcoin cash (BTC), ether (ETH), ether classic (ETC), XRP, litecoin (LTC) and Tether (USDT) stablecoin. The post UK’s tax authority wants to deploy a blockchain analytics tool to catch crypto cybercriminals appeared first on The Block.

The Block

Jan 20, 2020

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