Dash Information

Dash is a cryptocurrency that focuses on providing fast and cost-efficient transactions, designed to be an alternative to traditional cash. It distinguishes itself with a governance model that allows stakeholders to vote on funding proposals for the network, aiming to ensure sustainable development and innovation. Additionally, Dash's emphasis on user privacy and its user-friendly platform make it appealing for everyday transactions, bolstering its adoption in various markets globally.

Dash

$36.78

Title : Dash
Symbol : dash
Current Price $ : 36.78 $
High 24h : 38.08 $
Low 24h : 34.56 $
Price Change 24h : 0.716442 $
Price Change % 24h : 1.98684 %
Market Cap : 445842174
Website : https://www.dash.org
Community : https://www.dash.org/forum/
Total Volume : 71211137
Market Cap Change 24h : 9296635
Market Cap Change % 24h : 2.12959 %
Circulating Supply : 12110854.031751
Total Supply : 12111562.93898
Max Supply : 18920000
Last Updated : 2025-01-21 23:51
All Time High (ATH) : 1493.59
ATH Change % : -97.53483 %
ATH Date : 2017-12-20 00:00
All Time Low (ATL) : 0.213899
ATL Change % : 17113.50054 %
ATL Date : 2014-02-14 00:00

more information

Understanding Dash: A Journey through Privacy and Speed

Dash, originally launched as "Xcoin" in 2014 and later rebranded to "Darkcoin," before finally adopting its current name, has long been a noteworthy player in the cryptocurrency landscape. Dash is often recognized for its focus on privacy and transaction speed, distinguishing itself from Bitcoin, its primary predecessor.

The Vision: What Makes Dash Stand Out?

The core innovation that Dash brought to the blockchain arena is its two-tier network. This structure, comprising miners and masternodes, facilitates advanced functionalities such as PrivateSend and InstantSend. These features primarily focus on user privacy and transaction speed, respectively. While miners add new blocks to the blockchain, masternodes enable faster transactions and decentralized governance, ensuring that changes to the protocol can be voted on by the community.

Advantages of Dash

One of Dash's most significant advantages is its speed. With InstantSend, transactions are confirmed in seconds, making it suitable for real-world applications, such as point-of-sale transactions. Furthermore, its PrivateSend feature offers optional transaction privacy, which has appealed to users who prioritize anonymity.

Additionally, the governance model of Dash, known as Decentralized Governance by Blockchain (DGBB), is a unique feature that allows improvements and changes to be proposed and voted on by Dash masternodes. This helps in delivering a democratic framework within its ecosystem.

The Challenges and Criticisms

Despite its innovative approach, Dash has faced criticism, primarily regarding its privacy claims. While PrivateSend improves anonymity, some argue it's not as robust as the privacy-focused features offered by other coins like Monero or Zcash. Furthermore, Dash has been criticized for the initial coin allocation after its launch, where a considerable amount of coins were mined in the first few hours, an event often referred to as “instamine.” This event raised concerns about the fair distribution of wealth among holders.

Dash's Journey through the Years

Dash's price history is indeed a testament to the volatility associated with the cryptocurrency market. It reached its all-time high (ATH) of $1,493.59 in December 2017 during the massive bull run experienced by many cryptocurrencies. However, like many others, Dash's value significantly corrected over the subsequent years, illustrating the cyclical nature of the market.

Future Outlook: What's Ahead for Dash?

Looking ahead, Dash's future appears to be intertwined with its continued advocacy for integrating cryptocurrency into everyday use cases. The development team is actively working on Dash Platform, an evolutionary step towards offering decentralized applications (dApps) on its network. The ability of Dash to maintain its infrastructure and continue rolling out innovations routinely will likely influence its adoption rate and value proposition.

Moreover, the growing interest in cryptocurrencies by governments and regulatory bodies worldwide could impact Dash, especially concerning privacy-centric features. How Dash navigates these regulatory waters will be crucial in determining its long-term success.

Conclusion: Navigating a Dynamic Landscape

Dash remains a pivotal player in the cryptocurrency world, thanks to its unique features like InstantSend and the decentralized governance model. Its focus on speed and optional privacy offers an intriguing coin for both consumers and investors. However, the competitive landscape, combined with regulatory hurdles, suggests that Dash must continually innovate to maintain its relevance and appeal. As with any cryptocurrency investment, potential investors should perform due diligence and consider both the technological merits and market challenges associated with Dash.

General Information
from price $37
Title Dash
Symbol dash
Whitepaper -
Website https://www.dash.org
Community https://www.dash.org/forum/
Last Updated 2025-01-21 23:51

Price Data
Current Price $ 36.78 $
High 24h 38.08 $
Low 24h 34.56 $
Price Change 24h 0.716442 $
Price Change % 24h 1.98684 %

Market Data
Market Cap 445842174
Total Volume 71211137
Market Cap Change 24h 9296635
Market Cap Change % 24h 2.12959 %
Return on Investment (ROI) -

Supply and Availability
Circulating Supply 12110854.031751
Total Supply 12111562.93898
Max Supply 18920000

Historical Data
All Time High (ATH) 1493.59
ATH Change % -97.53483 %
ATH Date 2017-12-20 00:00
All Time Low (ATL) 0.213899
ATL Change % 17113.50054 %
ATL Date 2014-02-14 00:00