News

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Dash Blockchain Halts, DASH Up By 1% Today

DASH continues to trade above $43 per coin despite the Dash blockchain halting since the early hours of Monday.

 Hassan Maishera

SEC Files A Lawsuit Accusing Crypto Exchange Bittrex Of Violating Federal Laws

The United States Securities and Exchange Commission has filed a lawsuit against Bittrex, accusing the crypto exchange of violating federal laws.

 Hassan Maishera

Phemex Adds 23 Collateral Assets To Its Margin Trading Platform

Phemex announced on Monday, March 27th, that 23 new assets could now serve as collateral on Phemex Margin Trading.

 Nikolas Sargeant

Trade

Find the exchange with the lowest fees, best methods for depositing or your geographical area and start trading Dash

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Bybit

N/A
4.36 based on 4563 votes

Binance

N/A
4.1 based on 2378 votes

Phemex

N/A
4.03 based on 969 votes

Spend

Want to leave your cash at home? These cards support Dash.

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Nexo Card

3.24 based on 352 votes

Uphold

3.2 based on 137 votes

Coinbase Card

3.05 based on 203 votes

Shop

So you've made a little Dash and now you want to spend it? These are the places to do it!

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BC.Game

4.6 based on 5 votes

Pita Barcelona Watches

4.57 based on 14 votes

Bitport.io

4.5 based on 10 votes

Hodl

Find the wallet that suit your security, ease of use and anonymity needs for Dash.

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YouHodler

3.89 based on 44 votes

Ledger Nano X

3.83 based on 47 votes

Ledger Nano S

3.77 based on 188 votes

Review

Learn more about Dash.

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of Dash.

Dash is a DAO and open-source cryptocurrency that was forked out of the Bitcoin protocol. The blockchain had its genesis block on January 18, 2014. It was first called Xcoin during it’s launch, they later renamed it to DarkCoin. Ultimately they rebranded in March 2015 and called it Dash from the portmanteau “Digital Cash”. It is essentially a value-focused cryptocurrency that offers an improved level of anonymity to the users. The currency has a fairly low exchange rate and comes with a swift confirmation time. Therefore, Dash makes a great instant payment cryptocurrency.

The network creates new blocks by its miners. The second tier of the Dash network consists of “Masternodes” which perform PrivateSend, InstantSend, and governance functions.

One can mine these coins in two ways: Proof-of-Work and Proof-of-Service. Proof-of-Work is similar to that of Bitcoin’s, through the use of GPUs and ASICs. Masternodes are required to put up 1000 DASH as collateral to prevent Sybil attacks. That collateral can be spent at any time, but doing so removes the associated Masternode from the network.

Unlike Bitcoin, Dash is self-funding. 45 percent of newly created coins goes to the miners, and 45 percent to masternodes. The rest – 10 percent – goes to a treasury for funding the development team, marketing, customer support centers, and so forth.

Other benefits of this cryptocurrency include fast transactions using InstantX. When sending money, users can select the “Use Instant” option in their wallet, and transactions will be fully sent and irreversible within four seconds. In addition, most transactions only cost a few cents to send, which is considerably cheaper than services like Western Union, PayPal, or Moneygram. The blockchain also allows for PrivateSend transactions, which hide user transactions by mixing them with others.

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