![]() ![]() Users who own Dash masternodes don't just benefit from fees, but they can also participate in the Dash governance mechanism. Transactions sent through InstantSend are confirmed in seconds. Dash also boasts InstantSend technology, in which transactions are verified by the Dash masternode network. Masternode owners can vote on key proposals related to the Dash protocol, and also decide on how the funds from the Dash decentralized governance budget (10% of block rewards) are distributed to benefit the adoption of the Dash blockchain.ĭash can also be considered a privacy coin, as its PrivateSend feature allows users to obfuscate the origins of their DASH coins to improve the privacy of a transaction on the Dash network. ![]() The cryptocurrency has proven to be quite popular, and the Dash crypto price exceeded $1,000 in 2017.ĭash is governed through a system called Decentralized Governance by Blockchain (DGBB). Dash is primarily designed to function as peer-to-peer digital money that offers quick and cheap transactions to users. In this way, Dash shares some properties with both Proof-of-Work and Proof-of-Stake cryptocurrencies.
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