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What is DASH coin? DASH coin issue price, total amount and white paper introduction

DASH, a privacy-focused cryptocurrency launched in 2014, seeks to enhance financial confidentiality and enable near-instant transaction confirmations through PrivateSend, CoinJoin, and InstantSend features.

Oct 16, 2024 at 10:23 am

What is DASH Coin?

DASH coin, also known as Digital Cash, is a privacy-centric cryptocurrency focused on real-world usability and instantaneous transactions. It was founded in 2014 as a fork of the Bitcoin blockchain.

Key Features of DASH Coin:

Enhanced Privacy: DASH incorporates PrivateSend and CoinJoin anonymization protocols, allowing users to obscure their transaction history and maintain financial confidentiality.
InstantSend: DASH offers near-instant transaction confirmations, enabling fast and reliable payments.
Decentralized Governance: DASH is governed by its user base through the decentralized autonomous organization (DAO) called the Dash Masternode Network.

DASH Coin Issue Price, Total Amount, and White Paper

1. Issue Price:

DASH was initially sold through an initial coin offering (ICO) in January 2014. The issue price was $0.0002 per DASH.

2. Total Amount:

The total supply of DASH is capped at 18,900,000 coins.

3. White Paper Introduction:

The DASH white paper was published in early 2014 and outlined the project's vision, technical specifications, and economic model. Key aspects covered in the white paper include:

Privacy-enhancing technologies (PrivateSend, CoinJoin)
Instant transaction capabilities (InstantSend)
Decentralized governance (Dash Masternode Network)
Use cases and adoption strategies

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