DASH 10 THINGS TO KNOW

in crypto •  7 years ago 

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Hello my fellow steemers on today`s topic I am going to be talking about the crypto currency known as dash..

(1). Dash wash launched on January of 2014 by evan dunnfield who wanted privacy hence the making the feature private send

(2). Dash is compatible with all merchants , exchange, and wallet software that has been written for bitcoin

(3). Since dash has successfully implemented a factor called instant send which offers a confirmation with a time limit of 1.3 seconds to users who chose to pay that fee

(4).Dashes block time id every 2.5 minutes and its mining difficulty is able to be adjusted to every single block using algorithm called dark gravity wave

(5).Dashes mining algorithm is called X11 it`s hash rate is 500 GH per second

(6.)Per block reward is 3.88 dash and this amount decreases by -7.1% each year giving dash a slow and steady emissions curve between 0 to 22 million coins

(7). When measuring node counts by market cap dashes infrastructure is more than an order of magnitude higher than the competitors of ethereum and bitcoin

(8). Dashes block reward is payed to 3 separate groups 45% to miners, 45% to master nodes for instant and private send functions and 10% for the treasury is paid out to developers , marketers, and auditors.

(9). Dashes master node have 1000 dash in collateral holding which gives them proper incentive to decide who gets funding and development direction

(10). Dash will be featuring a new program called dash evolution later on this year in 2017

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Dash just posted their official roadmap. No evolution until June 2018 unfortunately. https://github.com/dashpay/dash-roadmap

Thanks for the background. Iam new to Dash and this was really useful! I'll look into dash a bit more!

thanks @girzgal I`m glad it helps

Nice post. TIP: For u to be better seen, take popular tags. Use Cryptocurrency instead of crypto.