A fork of Bitcoin and a pioneer of built-in blockchain governance. Dash was created by Evan Duffield in Jan 2014 as Xcoin. It was later rebranded into Darkcoin, then Dash in 2015. Dash pioneered the idea of built-in governance and master nodes.
Built-In Governance: ~10% of all mining fees are set aside for the funding of the Dash foundation for further development and marketing. Proposed changes to the network are voted on a chain by the network of master nodes.
Master nodes: Can be set up by anyone or any group with more than 1000 Dash coins and a dedicated IP address. In addition to regular transactions through traditional miners, master nodes facilitate instant send (4 seconds or less) and Darksend; coin mixing to make individual transactions harder to trace.
Return to the List of Supported Coins on the BitNational Exchange.