Dash (DASH) is a cryptocurrency that is focused on user privacy. Here are more details regarding price changes and the working of Dash, the cryptocurrency that is built on the core code used by Bitcoin.
Dash is a cryptocurrency that focuses on privacy. The digital currency is exchanged via encrypted software. Dash is built upon Bitcoin's core code and is compatible with several of its key components. It has two-tier network structure that helps in enhancing the speed of transactions and improves anonymity and governance.
At the beginning, Dash was known as Xcoin. In January 2014, Dash was relaunched as Darkcoin following which in March 2015, it was rebranded by developers as Dash — short for "digital cash." Dash was created by Evan Duffield, who is also the lead developer.
Dash uses a two-tier network unlike the single-tier network that is utilised by Bitcoin. One of the tier is handled by the miners while the second one made up of masternodes that are responsible for functions like governance, PrivateSend and InstantSend.
Here are some of the services enabled by the Masternodes:
The market capitalisation of Dash as of April 2018 was $2,559,161,062 USD. Dash is supported by popular exchanges like Changelly, Beatcoin, Anybits, Bitbay, Bitit, Coincheck and many more.
Date | Open | High | Low | Close | Volume | Market Cap |
5/30/2018 | 316.89 | 319.14 | 297.97 | 304.14 | 2566320000 | 74927100 |
5/29/2018 | 288.37 | 318.53 | 286.14 | 316.1 | 2334860000 | 98299700 |
5/28/2018 | 315.96 | 320.37 | 288.02 | 288.44 | 2557650000 | 84403700 |
5/27/2018 | 321.72 | 322.87 | 313.18 | 315.97 | 2603640000 | 85613500 |
5/26/2018 | 339.3 | 339.48 | 321.57 | 321.79 | 2745300000 | 86956800 |
5/25/2018 | 344.45 | 346.97 | 329.97 | 339.71 | 2786340000 | 83410200 |
5/24/2018 | 340.42 | 348.99 | 325.95 | 343.71 | 2753150000 | 93794600 |
Dash can be stored in several types of wallets such as mobile wallets (Android, iOS), desktop wallets, paper wallets and hardware wallets.
It must be noted that cryptocurrencies are volatile in nature and involves several risks. It is not possible to determine whether the Dash value will increase or decrease. Hence, it is advised to invest your hard earned cash in mutual funds instead as it is a more safer option.
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