![]() DASH TokenomicsĭASH has a max supply of 18.9 million, with a coin emission rate decrease of 7.14%. The coin is also used to reward miners on the blockchain for block validation activity, as well as maintaining masternodes. Similar to Bitcoin, DASH is also used as a store-of-value asset, thanks to its deflationary properties - a supply limitation and a gradual reduction in the mining reward amount. Hundreds of online retailers accept payments in the coin. What Is DASH Used For?ĭASH is widely used for digital payments, including those outside of the blockchain environment. ![]() Since about mid-2021, the coin has largely trended downward, falling firmly below the $100 level in April 2022 and trading in double-digit figures since then. The coin then spent the next few years trading in a broad range between $50 and $150.ĭASH experienced a relatively modest price revival in early 2021, rising to $327.33 by late February, and then scaling another local peak, $441.96, in early May 2021.Īfter that, the wider lackluster crypto market has put downward pressure on DASH. DASH concluded 2018 at slightly above $80, a far cry from its heyday. The arrival of the 2018 crypto winter saw the coin decline as steeply as it had risen in 2017. Having started at less than $12, the DASH coin skyrocketed to its all-time high of $1,493.59 close to the end of 2017. In 2017, when the concept of cryptocurrency experienced a meteoric rise in popularity, DASH was among the coins whose value quickly rose. The coin slowly rose the first two years to about $10 by the end of 2016. The DASH coin started trading in early 2014 at $0.21. ChainLocks, a system that protects the blockchain from 51% mining attacks.InstantSend, a service for efficient crypto payments.CoinJoin, a crypto mixing service for private crypto transfers.The masternodes help enable a host of critical services on the Dash platform that include: With an average transaction confirmation time of under two seconds, Dash facilitates almost instant transactions.Īs a two-tiered network, the Dash blockchain includes a network of masternodes that runs on a proof-of-service consensus mechanism on top of the usual mining nodes. ![]() Transaction fees on Dash are low, just mere cents or even less than a cent, depending on the network’s activity levels. Featuring a privacy-preserving functionality called CoinJoin, DASH is a popular coin among privacy connoisseurs.ĭASH is also a popular coin for crypto payments and transfers, thanks to its minimal cost and efficient transaction time. One of the oldest blockchain networks (launched in early 2014), Dash (DASH) is a privacy-focused proof of work (PoW) blockchain that is a fork of Litecoin (LTC), which itself is a fork of Bitcoin (BTC).
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