Dash

in blockchain •  7 years ago 

Dash is a cryptocurrency created in 2012 by Evan Duffield and presented to the general public on January 18, 2014. Its original name, "Darkcoin", was changed on March 25, 2015 to "Dash", a "digital" suitcase. "cash", that is to say "digital cash".

The ambition of Dash's developers is to offer a totally decentralized digital alternative to cash, by taking up three of its main attributes: its fungibility, its speed and its anonymity.

Evan Duffield is fascinated by Bitcoin when he discovers it in 2010. He is studying the possibility of integrating anonymity with Bitcoin source code. Realizing that Bitcoin would not incorporate his suggestions for improvement, he decided in 2012 to take back the basic code Bitcoin and implement its own developments: it is the birth of Dash.

This cryptocurrency is based on the free Bitcoin code, with the ambition to make it simpler, faster, safer and anonymous [2], [3], [4]. Unlike Bitcoin, which by nature allows any outside observer to track account-to-address transactions, Dash offers an optional mode of anonymized transactions, called PrivateSend, which gives users greater protection of their accounts. privacy if they wish [5], [6]. Dash also allows InstantSend of funds by InstantSend technology [7]: unlike Bitcoin, it is not necessary to wait for ten minutes (or much more [8]) that transactions are confirmed.

Dash relies on a fully decentralized system of governance and budget, making it the first decentralized autonomous organization [9] since mid-2015. Dash software developers, Dash network partners and operators see their project contributions paid directly by the Dash blockchain.

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