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in cryptomonnaie •  7 years ago 

What Is DashCoin

>Dashcoin (DSH) is an automatically mutating anonymous cryptocurrency. Dashcoinis a Next generation anonymous cryptocurrency and the first automatically mutating cryptocurrency created with CryptoNote technology.

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Dash (formerly known as Darkcoin and XCoin) is an open source peer-to-peer cryptocurrency that offers instant transactions (InstantSend), private transactions (PrivateSend) and token fungibility. It was rebranded from "Darkcoin" to "Dash" on March 25, 2015, a portmanteau of "Digital Cash".

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Dash operates a decentralized governance and budgeting system, making it the first decentralized autonomous organization.

Dash uses a chained hashing algorithm called X11 for the proof-of-work. Instead of using the SHA-256 (from well-known Secure Hash Algorithm family) or scrypt it uses 11 rounds of different hashing functions.

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As of April 5, 2017, Dash is the fifth most valuable cryptocurrency by market capitalization, placing it after Litecoin and before Monero.

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