Dash

Dash, whose name comes from "digital cash," is an open-source blockchain and cryptocurrency focused on offering a fast, cheap global payments network that is decentralized in nature. According to the project's white paper, Dash seeks to improve upon Bitcoin by providing stronger privacy and faster transactions.

Dash was launched by founder Evan Duffield in January 2014 as a fork of the Bitcoin protocol. It was initially launched under the name XCoin with the currency designation "XCO."

Dash, whose name comes from "digital cash," is an open-source blockchain and cryptocurrency focused on offering a fast, cheap global payments network that is decentralized in nature.

According to its white paper, Dash seeks to improve upon Bitcoin by providing stronger privacy and faster transactions.

Supply is capped at 18,900,000 DASH. Dash uses a block reward system to incentivize miners, masternodes, and future protocol development.

Dash is considered to be the longest-active DAO, aka decentralized autonomous organization, which is an open-source network with no central leadership. These are governed by a set of rules that are written in code and automatically executed without the need for intermediaries. 

Zcash

Bittrex's announcement today damaged the markets of the privacy coins.

Privacy Coins Drop 10% After Bittrex Announcement

Monero (XMR), Zcash (ZEC), and Dash (DASH) are all down double-digit percentages following an announcement that U.S. cryptocurrency exchange Bittrex will be delisting the privacy coins on January 15. According to Bittrex, while the exchange “generally seeks to provide users up to 30 days to withdraw any delisted tokens… in certain instances the withdrawal period […] The post Privacy coins slide following Bittrex delisting appeared first on The Block.

Privacy coins slide following Bittrex delisting

While Bittrex gave no reason for the removals, exchanges around the world have been moving to delist coins that seek to hide the activity of their users.

Bittrex to Delist Privacy Coins Monero, Dash and Zcash

Privacy coins are under scrutiny by regulators.

News for Dash Crypto (DASH)