Dash is a cryptocurrency that’s based on open source technology and is a form of DAO (decentralized autonomous organization) run by a subset of users, called “masternodes”. Dash is also another altcoin that was forked from the original Bitcoin protocol. This cryptocurrency allows for quick transactions, that cannot be traced.
In January 2014, this currency was launched as “Xcoin” by Evan Duffield, as a fork of the Bitcoin protocol. In its early days it was subject to “pump and dump speculation”. It was later rebranded as Darkcoin, which received press from the media as being used in dark net markets.
Dash Rebranding and Dash Mining
The coin was rebranded again with the new name “Dash” in March 2015, as a blend of the two words “digital” and “cash”. As of August 2016, Dash is no longer used in any major dark net markets.
You can use the Dash Mining Calculator below to find out how much you can possibly earn based on Hashing Power, Difficulty and other variables.