Dash launched January 18, 2014, and it combined the words ‘Digital’ and ‘Cash’. It started as Xcoin, renamed to
Darkcoin, and now it’s known as Dash, from March 2015. Dash is a Litecoin fork, and Litecoin is Bitcoin’s fork.
Actually, the launch of Dash didn’t go as planned because a bug caused 1.9 million of Dash coins to be mined in
the first two days. It’s around 10% of all possible Dash coins!
The all-time high Dash price was $1540 in December 2017. Dash shared similarities with Litecoin and Bitcoin
because it’s also used to simplify and improve financial transactions with speed, privacy, and decentralization.
Dash introduced Masternodes. You need to own at least 1000 DASH to become a Masternode. These nodes differ from
miners, and they perform crucial functions like governance, treasury, and validation of transactions. The reward
from mining is split like this: 45% goes to miners, 45% goes to Masternodes, and 10% is invested for network