Ep. 10: DASH
Personally one of my favorites!
1- OVERVIEW
DASH translates (D)igitalC(ASH), privacy oriented, claims to make instant, online or in-store payments using a secure, open-source platform.
2- INSIGHTS
InstantSend payments confirm transactions in less than a second.
PrivateSend ensures your activity history and balances are private.
Transactions are confirmed by 1,000 Gigahash of X11 ASIC computing power and over 4,100 servers hosted around the world.
3- IS ALL ABOUT THE INCENTIVES
DASH is really into incentives, Miners are rewarded for securing the blockchain and masternodes are rewarder for validating.
As they state:
"Masternodes represent a new layer of network servers that work in highly secure clusters called quorums to provide a variety of decentralized services, like instant transactions, privacy and governance, while eliminating the threat of low-cost network attacks."
Source: https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=8585240
4- Self-Governing, Self Funding protocol
Every member of DASH can propose projects directly to the network. From marketing to development, the propose is taken to a VOTE TRACKER like this:
They get then accepted and implemented, or simply rejected.
5- NETWORK STATS
Masternodes
Blockchain
As you can see, it takes between 1-3 mins (avg) to produce a block for DASH.
6- THE TOKEN
Name: DASH
Ticker: DASH
Circulating Supply: 7,577,878 DASH
Total Supply: 18,900,000 DASH
Market Cap: $2,564,641,743 (676,851 BTC )
Price at the time of writing this post: $338.44 [-1.88%]
source: www.coinmarketcap.com
Further information on their website: https://www.dash.org
Documentation: https://dashpay.atlassian.net/wiki/spaces/DOC/overview
IF YOU LIKE THIS POST AND THE IDEA TO CONTINUE THIS SERIES, PLEASE UPVOTE AND RESTEEM, If you missed it the first episodes of the series here it is!
Ep. 7 Lisk (LSK) (https://steemit.com/quote/@erodriguezc11/sundaycoinday-ep-7-lisk-lsk-201793t16710338z)
Ep. 8 BASIC ATTENTION TOKEN (BAT) (https://steemit.com/bitcoin/@erodriguezc11/sundaycoinday-ep-8-basic-attention-token-bat-2017911t0411117z)
El. 9 Ark (ARK) (https://steemit.com/ccryptocurrency/@erodriguezc11/sundaycoinday-ep-9-ark-ark-2017917t231539393z)
THIS IS NO FINANCIAL ADVICE, ALWAYS DO YOUR OWN EXTENSIVE RESEARCH AND DO NOT INVEST MONEY YOU'RE NOT WILLING TO LOSE
Want more upvotes, follows and exposure? Join SteemFollower here: https://steemfollower.com/?r=1602
@erodriguezc11 got you a $7.75 @minnowbooster upgoat, nice! (Image: pixabay.com)
Want a boost? Click here to read more! @originalworks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The @OriginalWorks bot has determined this post by @erodriguezc11 to be original material and upvoted it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
To enter this post into the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!
For more information, Click Here!
Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks for sharing keep it up
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you, a lot more to come!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by erc11 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 5.82 % upvote from @booster thanks to: @erodriguezc11.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very intriguing and informative post shared followed . @erodriguezc11 Wish you the best with all your future endeavors.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wish the best for you too my friend! STEEM ON
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Interesting to see how those that support and run the network are rewarded. Interesting post.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you very much! I'll wait for you next sunday with a different crypto!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
great job @erodriguezc11
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you very much! Next sunday a different crypto!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post was resteemed by @resteembot!
Good Luck!
Curious? Check out:
The @resteembot users are a small but growing community.
Check out the other resteemed posts in resteembot's feed.
Some of them are truly great.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit