DigitalCash

(DASH) Price

$158.49 +4.99 (+3.25%)

DigitalCash (DASH) Price

DASH - USD

$158.49
+4.99 (+3.25%)
0.02446388 BTC (+2.04%) Real time data

Last trade

0.47000000 DASH

bitfinex $74.38

Market cap

$1,306,526,892

8,243,378 DASH

Volume (24H)

$154,658,906

975,802 DASH

Day's range

$149.01 - $159.55

0.02300059 BTC - 0.02462636 BTC

Open price (24H)

$153.51

52 weeks - low

$133.43

52 weeks - high

$1,547.23

52 weeks - AVG volume

$124,636,905

Supply

8,262,583 DASH

Max supply

22,000,000 DASH

Details

Type
Coin
Block
Mineable
Since
Jan 18, 2014
Website
Algorithm
X11
Proof Type
PoW/PoS

What is DigitalCash?

Dash is a peer-to-peer form of digital currency that can be sent over the internet without the need of a middleman like a bank. The cryptocurrency facilitates instant transactions as well as private transactions. The network also rewards individuals and businesses that work to add value to the network.

Dash Crypto History

Dash is the brainchild of Evan Duffield and was formerly released on the 18th of January 2014 as XCoin. It was later renamed Darkcoin on January 28, 2014, and, on March 25, 2015, it rebranded to Dash.

Dash was created with the sole aim of providing complete anonymity when it comes to online transactions.

1.9 million coins, approximately 10% of the total supply, were released at inception as a result of a bug that was created when Litecoin was forked to create Dash. The bug was fixed but Evan failed to convince the community to agree to a pre-launch of the coin. The initial coin supply was thus left unchanged as development continued.

Dash Coin Features

Private Payments 

People are increasingly using Dash coin because it keeps payments private. Transactions and balances history cannot be tracked on the network. The network also uses advanced encryption to complete payments and maintain the anonymization process.

Fast Transaction Speed

Dash network harnesses the power of a Masternodes network that allows people to send and receive the digital currency without any wait times. Transactions are usually processed within four seconds.

Low Fees 

Transactions on the network only cost a few cents, which is much cheaper compared to other payment systems. Dash is also global, which makes it possible to send money anywhere in the world.

Dash vs. Bitcoin

Dash solves what some users find to be one of the most significant drawbacks of Bitcoin: the lack of anonymity of transactions. While it is possible to identify people behind a transaction on a Bitcoin Blockchain, it is not possible with Dash Blockchain.

Transactions on Dash Blockchain are normally confirmed within four seconds. While sending with Bitcoin, the process can take more than 10 minutes. 

Bitcoin transaction fees average about $6 per transaction, while Dash charges approximately $0.4.

The two also differ on the governance structure. Bitcoin does not have a governance structure which means it is impossible to make important changes without splitting the Blockchain to give rise to two cryptocurrencies. Dash, on the other hand, has a voting system through which important decisions are made.

How Dash Works

The primary goal of Dash is to make complex things in the cryptocurrency space easy for average users. Just like most cryptocurrencies, the digital currency relies on Proof-of-Work performed by miners for its operations. However, Dash goes the extra mile by incorporating a consensus system dubbed Masternodes.

Masternodes provide additional features that are not available in other conventional Blockchains.  The consensus system enables duties such as PrivateSend, InstantSend and Governance functions in the network. To run a Masternode, one must pay 1000 Dash. In return, one is paid 45% of the reward for every Dash block mined. 

Dash was designed to have a total supply of 18 million coins, all of which could reach the market in the year 2300. The average mining time for a block is 2.5 minutes, and the variable block reward decreases at a 7.1% rate each year.

PrivateSend: This feature allows people to send funds privately by mixing a transaction in between other transactions. It is thus hard to identify any specific transaction in a Blockchain.

InstantSend: This feature allows people to send Dash transactions instantly, or just about, (within 1.5 seconds). However, it costs a little bit more to use this process. 

How to Mine Dash Coins 

Dash Coins are generated through a process called mining, whereby people use specialized computers to solve extremely complex math problems. A miner who discovers a solution to a mathematical problem is allowed to add a new block to a Blockchain. The miner is then rewarded with Dash currency. 

One can also own Dash coins by acquiring them from cryptocurrency exchanges. To acquire the coins, you will need a Dash address that acts as a wallet for storing the coins since everything takes place online. You will also need other cryptocurrencies such as BTC and LTC to exchange for Dash coins.

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Latest Closing Price Open/Close in UTC time

Date Close Price Open price Volume (24H) Market Cap Day's range
Aug 16, 2018 $151.05 $153.87 $103,850,778 687,513 DASH $1,246,803,109 $149.01 $161.67 $151.05
Aug 15, 2018 $153.87 $138.59 $126,688,934 823,348 DASH $1,266,542,845 $138.57 $162.48 $153.87
Aug 14, 2018 $138.59 $144.47 $123,424,153 890,574 DASH $1,140,555,243 $133.43 $144.84 $138.59
Aug 13, 2018 $144.47 $168.86 $129,751,867 898,120 DASH $1,198,633,286 $144.37 $171.00 $144.47
Aug 12, 2018 $168.86 $165.00 $107,933,436 639,196 DASH $1,387,828,828 $163.62 $170.65 $168.86
Aug 11, 2018 $165.00 $168.84 $113,795,968 689,659 DASH $1,375,408,152 $162.82 $172.13 $165.00
Aug 10, 2018 $168.84 $184.26 $110,106,289 652,136 DASH $1,395,331,152 $167.74 $200.44 $168.84
More DigitalCash Historical Data

DigitalCash Exchanges

Exchange Pairs Price Open price Range (24H) Volume (24H) Change Updated
HitBTC DASH/USD $158.53 $153.49 $159.66
$148.84
$2,387,678
15,061 DASH
+3.28%
$5.04
Recently
Bitfinex DASH/USD $158.55 $153.59 $160.01
$148.44
$686,812
4,332 DASH
+3.23%
$4.96
Recently
EXMO DASH/USD $156.79 $151.97 $158.29
$149.28
$473,748
3,021 DASH
+3.17%
$4.82
Recently
Kraken DASH/USD $158.88 $153.80 $159.87
$148.89
$106,790
672 DASH
+3.30%
$5.08
Recently
Poloniex DASH/USDT $158.34 $153.76 $159.70
$149.08
$103,022
651 DASH
+2.98%
$4.58
Recently
Coinroom DASH/USD $165.41 $158.04 $176.10
$153.48
$79,322
480 DASH
+4.67%
$7.37
Recently
More DigitalCash Exchanges