The Dash price is currently $ 68.23 with a 24-hour trading volume of $ 291.60M across 109 exchanges. The DASH price is down -5.25% in the last 24 hours. The Dash price prediction sentiment is currently bearish. Dash reached its highest price on December 21, 2017, when it was trading at its all-time high of $ 1,726.83. It has a circulating supply of 9.72M DASH with a total supply of 18.90M DASH. The best exchange for trading Dash is Binance.

Dash is a cryptocurrency designed to facilitate fast and cost-efficient transactions, with optional support for privacy-enhancing features.

Dash was initially known as "Xcoin" but was quickly renamed to "Darkcoin". It was designed as a privacy-centric cryptocurrency based on the original cryptocurrency, Bitcoin. One of the main features of Darkcoin was the ability to send anonymous transactions, something that Bitcoin does not offer.

DarkCoin was eventually rebranded to Dash, which is derived from the term "digital cash". Dash uses a Masternode Network that allows users to run a masternode if they control over 1,000 coins. Masternode operators are rewarded regularly for providing their services to clients on the network.

Uses a combination of proof-of-work and masternodes

Payments-focused cryptocurrency

Created in January 2014

Originally named Xcoin, later became DarkCoin and finally rebranded to Dash

Its creator Evan Duffield wanted to build a better Bitcoin

Dash's PrivateSend feature allows users to obfuscate the origins of their DASH coins to improve the privacy of a transaction on the Dash network. Dash also boasts InstantSend technology, in which transactions are verified by the Dash masternode network. Transactions sent through InstantSend are confirmed in seconds.

Users who own Dash masternodes don't just benefit from fees, but they can also participate in the Dash governance mechanism. Each masternode has one vote that can be used to vote on key decisions regarding the Dash network, and they can also influence how the project's budget is used.

The Dash mining reward is split into three portions. 45% of the reward goes to proof-of-work miners, 45% goes to masternode operators, while 10% is reserved for the Dash decentralized governance budget. The emission rate of new Dash coins entering circulation drops by 1/14 (~7.14%) approximately every 383 days.

When new Dash coins stop being created (this will happen approximately in the year 2,254), the final supply of Dash will be somewhere between 17.74 million and 18.92 million coins. While this may seem strange, there is a pretty simple explanation - while 10% of the block reward is reserved for budget proposals, it’s not a guarantee that the community of Dash holders actually decides to allocate all of the reserved funds to budget proposals.