Dash (DASH)

cryptocurrency
payments
masternode
proof of work
x11
#21

Marketcap Ranking

56.56306 (-6.96%) arrow_drop_down

Market Price (24h change)

518,523,616

Total Market Cap

3

3.3

info_outline What is Dash

4.7

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Short Description

Dash is an open source peer-to-peer cryptocurrency with a strong focus on the payments industry. Dash offers a form of money that is anonymous, portable, inexpensive and fast

It can be spent securely both online and in person with only minimal transaction fees. Based on the Bitcoin project, Dash aims to be the most user-friendly and scalable payments system in the world

In addition to Bitcoin's feature set, Dash currently also includes a second-layer network of masternodes to facilitate instant transactions (InstantSend), private transactions (PrivateSend) and governance functions to create a self-governing and self-funding network capable of paying individuals and businesses for work that adds value to Dash. This decentralized governance and budgeting system makes it one of the first ever successful decentralized autonomous organizations (DAO).

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Introduction Video

Basics of Dash | Money Investing University

In this Video I will cover the basics of DASH for beginners. Dash is a cryptocurrency platform focused on innovating in the areas of privacy, transaction speed, and decentralized ...

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Screenshot from Website

www.dash.org
DASH Websitemore_vert

Visit Webpage

Website Informationclose

Organization: WhoisGuard, Inc.
Name: WhoisGuard Protected
Country: PA
City: Panama
Zipcode:
Address: P.O. Box 0823-03411
Mail: abuse@namecheap.com
Creation date: 2018-10-01
Expiration date: 2020-10-01
Nameserver: OWEN.NS.CLOUDFLARE.COM

attach_money Product Analysis

4.8

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Whitepaper

A cryptocurrency based on Bitcoin, the work of Satoshi Nakamoto, with various improvements such as a two-tier incentivized network, known as the masternode network. Included are other improvements such as PrivateSend, for increasing fungibility, and InstantSend, which allows instant transaction confirmation without a centralized authority.


The whitepaper of Dash is 16 Pages long.

The most influencial keywords are: Masternode, Transactions, Network, Nodes, Dash, Users, Clients, Anonymous, Anonymity, and Anonymizing.

file_downloadOpen Whitepaper
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Close Competitors

  • 1.) Monoeci

    Monoeci intends to be the cryptocurrency used in Monaco for everyday use. Monoeci is a PoW/PoS cryptocurrency based on the X11 algorithm aiming to integrate cryptographic money secure in an environment of real use. Monoeci isn't used anywhere in Monaco, at the time being.

  • 2.) Polis

    Polis is a cryptocurrency for communities. People thrive when they can connect and trade freely. Polis uses advanced decentralized blockchain technology to solve major problems for our global community.

  • 3.) TransferCoin

    TransferCoin (TX) is a cryptocurrency designed as a P2P medium of exchange. It’s privacy focused, with stealth addresses and masternodes to secure the network.

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Product analysis

Dash was founded back in January 2014. Its source code was released publicly on github on May 2014 under the MIT License license.
Organization wise, Dashs Development is Semi-centralized and is being developed under the lead of Glenn Austin.

The consensus on which the Dash network is run is called POW+ Mast, while the underlying algorithm is called X11.
In the current state of Dash currently is Working product

group Community Analysis

4.0

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Communities & Events

Dash is the cheapest, fastest, most secure and first instantly settled Proof-of-Work cryptocurrency in the world. Its network features instantly confirmed & respendable transactions, 51% attack immunity, erasable transaction histories and the first decentralized blockchain governance and self-funding model through incentivized full nodes which also enable easy scaling for mass adoption.

view_list r/dashpay Subreddit
person 31,984 Subscribers
directions_run 411 Active Users
create 12 Daily Posts
speaker_notes 44 Daily Comments
linkOpen Subreddit

Welcome to the Dash Telegram group!

Dash is a practical digital currency.

Transactions are fast. Seriously fast.

Transactions are cheap!

Mining rewards are split three ways:

- Miners (45%)
- Masternode Operators (45%)
- Treasury (10%)

view_list Dash Chat - Official Channel
person 1,964 Members
directions_run 168 Online
linkOpen in Telegram

Official Twitter account for Dash

view_list @Dashpay Channel
person 316,320 Followers
11.22.2019
18:41
That completes our AMA with @rtaylor05 and @robinoconnell1 from @upholdinc! Thank you to everyone who submitted questions and participated! Have a great weekend! 12 favorite
11.22.2019
18:38
Question 10: What is the next step for the Dash/Uphold partnership? @RTaylor05 @robinoconnell1 @UpholdInc #DashUpholdAMA 12 favorite
11.22.2019
18:36
Question 9: @robinoconnell1/@UpholdInc, What does Uphold have planned for 2020? #DashUpholdAMA 6 favorite
11.22.2019
18:31
Question 8: @rtaylor05, Are there any exciting plans for Dash in 2020 that you can share? #DashUpholdAMA 9 favorite
11.22.2019
18:28
Question 7: @rtaylor05 & @robinoconnell1 / @UpholdInc, What made Dash and Uphold closely integrate their technologies and partner strategically on projects? #DashUpholdAMA 15 favorite
11.22.2019
18:23
Question 6: @rtaylor05, Dash recently announced an open house for December 7th, are there any major announcements happening at this event? How can people attend? #DashUpholdAMA 11 favorite
11.22.2019
18:20
Question 5: @robinoconnell1 / @UpholdInc, I heard that Uphold is launching a debit card? Can you share more details? #DashUpholdAMA 18 favorite
11.22.2019
18:16
Question 4: @rtaylor05 What are the top features of Chainlocks and why can’t other coins have ChainLocks? #DashUpholdAMA 15 favorite
11.22.2019
18:12
Question 3: @rtaylor05 & @robinoconnell1 / @upholdinc, Many have said Dash is an ideal option for remittances, do you believe this is true and what solutions for remittances are your team working on? How does this work across borders (ex: from US to LATAM)? #DashUpholdAMA 18 favorite
11.22.2019
18:08
Question 2: @rtaylor05 & @robinoconnell1/@UpholdInc, Why Dash? How does Uphold play a role in the Dash ecosystem? #DashUpholdAMA 14 favorite
Name Date Description
Open House 12.07.2019 ".. Dash Core Group will be hosting the Dash Evolution Open House on Dec 7th... in Scottsdale, AZ, from 1pm to 5pm MST."
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Google Trends Analysis


The Google Trends chart displays the search interest on google in Dash relative to its peak over the last year. A rising chart shows growing interest int he project.

code Development Analysis

1.5

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Github Analysis

Code Updates (Commits)


Every change to the codebase of Dash is registered as a commit. More active projects have many commits, dead projects nearly none.

Code line changes (+/-)


Extending a project results in many new lines of code. Changing existing code results in nearly the same amount of additions and deletions. Projects that are growing show a large number of code additions with relatively few deletions.

Programming languages

Repository Numbers

star 1,213 Stars
remove_red_eye 218 Watchers
usb 1,023 Forks
sync_problem 83 Open Issues
border_color 0.08 % Comment Coverage
lock_open MIT License License

attach_money Price Analysis

2.0

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Price Prediction

$ 67.40447 (-1.6%) arrow_drop_down

Predicted USD Market Price in 24h

$ 65.14505 (-4.9%) arrow_drop_down

Predicted USD Market Price in 14d

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Converter DASH - USD

Convert between DASH and USD with the live Dash prices, aggregated from all big exchanges that trade Dash.


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Market insights

Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.

account_circle Team Analysis

4.8

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Team

Members (49)

launch

Glenn Austin

Cfo

launch

Robert Wiecko

Coo

launch

Fernando Gutierrez

Cmo

launch

Holger Schinzel

Quality assurance, automation, testing

Andy Freer

Cto

launch

Philipp Engelhorn

Pr / press

launch

Kelly Kopp-Schuetz

Human resources

launch

Bradley Zastrow

Business development

launch

Chaepil Lim

Core developer

remove_red_eye Product Review by Coinpaper

3.5

How things stand

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The former XCoin project was forked off the Bitcoin code but the founder, Evan Duffield, programmed it so that only Linux systems could mine it in the beginning. He said that a bug was implemented through this fork. This bug made a so-called instamine possible where 2 Million out of 84 Million were minted within 24 hours. These were mined by 127 computers. 100 of these were rented cloud computers that someone set up. This was an insider, as the blockchain wasn’t even functional at that time. 2 Million is 2.38% of the 84 Million total supply, but when Evan Duffield rebranded the XCoin to Dash, he changed the total supply from 84 Million to 18.9 Million, without changing the existing supply in the same proportion. The instamined coins were then 10.58% of the total supply. As these coins are used to create masternodes, they are still generating Dash rewards each day. Suspicious history to say the least. [1]
The Dash team published the news that KFC Venezuela accepted Dash as a form of payment, but KFC Venezuela denied that statement. [2]
In early 2018 only two people or companies controlled more than 80% of the Dash mining. [3]

1.5

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The team is currently working on security measurements to stop 51% mining attacks via chainlocks. [1] [2]

4.6

Product description

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Dash is a cryptocurrency that aims to be the easiest one to use for buyers and merchants. Dash could be used for microtransactions as the fees start at a price of below $0.01 but users can choose to make instant transactions (InstantSend) and private transactions (PrivateSend) that cost additional fees. [1]

4.5

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The current Dash product is stable, as coins can be sent through the network that are controlled by masternodes. The fees are relatively small as costs can be as low as $0.01. By paying additional fees it’s possible for a sender to make an instant transaction and/or a private transaction, but around 13% of these private transactions are traceable to their origin. [1]

3.5

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The founder and lead developer is Evan Duffield, who originally released Dash as XCoin on January 2014. This name was later changed to Darkcoin and got its current name Dash (Digital Cash) on March 2015. Not much is known about his previous work. [1]

3.5

Pro-Contra

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Adoption The coin has a high acceptance rate compared to other cryptocurrencies.
Transactions per second It can handle many more transactions per second compared to other cryptocurrencies.
Transaction speed The transaction speed is much higher compared to other cryptocurrencies.
Transaction cost The transaction fees are much lower compared to other cryptocurrencies.
Enery consumption The energy consumption is low compared to other cryptocurrencies.
Product availability The product is already available.
Exchange availability The coin is available on the major trusted exchanges.
Privacy Transactions with this coin are fully anonymous.
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Security Relatively low. The coin is relatively new/unproven.
Decentralization The coin is centralized.

remove_red_eye Market Review by Coinpaper

3.0

Foresight

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The Dash team has an enormous amount of money through the self-sustaining system. This could help to pay for partnerships and marketing, but the general codebase seems not to be ready for what the Dash coin should be used for. Many people in Venezuela might have heard of Dash, but people who live in poverty will rather buy food for their children instead of spending their money on a risky investment.

2.7

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The Dash team plans on introducing a platform where stores should be able to easily connect to the decentralized Dash API.

3.5

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The potential for Dash might be big if technical obstacles and centralizational risks could be overcome.

4.7

Business

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There are much better solutions for scalability, privacy and the speed of transactions. Monero is superior in context of privacy and Nano is superior in context of transaction fees and speed.

1.0

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More than 2500 merchants in Venezuela started accepting Dash as a form of payment. One of these merchants is Church’s Chicken, that has 9 locations and only accepts cash and Dash. [1]
CheapAir, a big travel agency started accepting Dash, Bitcoin, Litecoin and Bitcoin Cash as a form of payment in March 2019. [2]
In May 2019 Dash partnered with Blucon, a payment processing company, to push adoption in Thailand. [3]

3.7

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Dash has been very welcomed by the Reddit community at first, but many changed their sentiment as deadlines weren’t met. Now a much smaller circle of the Dash community stands against many that highlight the problems of the Dash project.

1.5

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The current team consists of 30 developers. The lead developer is the founder Evan Duffield. [1]

4.2

compare_arrows Exchanges

Markets

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# Exchange Pair Price 24h Volume Trusted
# 1 Binance DASH/USDT $ 56.69171 $ 1,642,058 check
# 2 Binance DASH/BTC $ 56.24851 $ 764,900 check
# 3 Coinbase Pro DASH/USD $ 56.39800 $ 465,407 check
# 4 Bitfinex DASH/USD $ 56.23100 $ 226,312 check
# 5 Kraken DASH/EUR $ 56.45664 $ 220,307 check
# 6 Kraken DASH/BTC $ 56.21930 $ 187,542 check
# 7 Poloniex DASH/BTC $ 56.08613 $ 141,355 check
# 8 Kraken DASH/USD $ 56.30300 $ 140,429 check
# 9 Binance DASH/ETH $ 56.32246 $ 122,884 check
# 10 Coinbase Pro DASH/BTC $ 56.50595 $ 66,483 check

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