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What is Dash

WHAT IS DASH?

What Is Dash?

WHAT IS DASH?

Dash (DASH) is a decentralised, open-source, digital cryptocurrency project forked from Litecoin in January 2014. Compared to Litecoin, Dash offers stronger transaction privacy and anonymity, while its software is more resistant to mining with specialist hardware.

Better privacy is achieved through a technology called Darksend, a coin-mixing service that combines identical inputs from multiple users into a single transaction with several outputs which obfuscates the flow of funds.

Dash has also developed and implemented a hashing algorithm called X11 which uses a sequence of 11 rounds of hashing for its proof-of-work consensus mechanism.

To adjust mining difficulty over time, Dash uses an algorithm called Dark Gravity Wave, also developed in-house. The cryptocurrency project was formerly known as Darkcoin (DRK), but it was rebranded to Dash in March 2014.

For more information about Dash, please visit https://www.dash.org