Dash News

Dash is a cryptocurrency that bills itself as a digital alternative to cash. Built to improve on the speed and cost-effectiveness of the Litecoin (LTC) blockchain, Dash quickly grew in popularity — thanks to its near-instant payments and ease-of-use.

Two major features set Dash apart from similar cryptocurrencies — InstantSend and PrivateSend.

InstantSent allows transactions to be confirmed almost-instantly by using masternodes to prevent double spends while guaranteeing the payment will confirm.

PrivateSend, on the other hand, allows for private transactions through its built-in mixer functionality, which mixes your inputs with several others prior to spending and anonymizes the funds.

Dash also features decentralized governance and a self-funding model, using 10 percent of all block rewards to fund its own development while the remaining 90 percent is distributed to miners and masternode holders — thanks to its hybrid consensus model.