What is Dash?
Dash is a digital currency and payment system that was created in 2014.
It is an open source project that is based on the Bitcoin protocol, but with some additional features and improvements. Dash has a two-tier network structure, which consists of miners and masternodes. Miners are responsible for verifying transactions and securing the network, while masternodes provide additional services such as InstantSend, PrivateSend, and governance functions.
Dash has a number of features that make it unique from other cryptocurrencies. One of these features is its privacy-focused technology called PrivateSend. This feature allows users to send funds anonymously by mixing their coins with other users’ coins in order to obfuscate the origin of the funds.
Another feature is InstantSend, which allows for near-instantaneous transactions with minimal fees. Dash also has a self-funding model which allows it to fund its own development without relying on external sources of funding or donations. Overall, Dash is a digital currency and payment system that provides users with fast and secure transactions as well as privacy-focused features such as PrivateSend and InstantSend.
It also has a self-funding model which allows it to fund its own development without relying on external sources of funding or donations.