Dash dash
What is Dash?
Dash (DASH) is an open-source, payments-focused digital currency. It combines X11 Proof of Work mining with collateral-backed masternodes for features like InstantSend and on-chain governance.
What problem does Dash solve?
Dash targets cryptocurrency-payment limitations including confirmation delays and governance funding. InstantSend enables rapid transaction locking; masternodes vote on proposals funded by the treasury.
How does Dash work?
Dash uses X11 PoW for mining and a second tier of masternodes requiring 1,000 DASH collateral. InstantSend uses masternode quorums to lock transactions. ChainLocks protect against reorganizations. CoinJoin provides optional mixing.
Key facts
- Ticker: DASH
- Launched: January 2014
- Masternode collateral: 1,000 DASH
- ~2.6 minute blocks
- On-chain governance and treasury
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Frequently asked questions
What is DASH used for?
DASH is designed as digital cash for peer-to-peer payments.
What does a masternode do?
Masternodes support InstantSend, CoinJoin, ChainLocks, and governance voting.
External trackers
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