DASH Price Charts – Cryptocurrency DASH Charts

DASH Price Charts – Cryptocurrency DASH Charts





inv35t.com

Cryptocurrency Dash price charts (previously known as XCoin or Darkcoin.)

Dash Price Charts - Dash Cryptocurrency - XCoin - Darkcoin

Originally launched and marketed as XCoin (XCO) in January 2014. Six weeks later XCoin received it first rebranding to Darkcoin. In March 2015 it was further rebranded to Dash, a portmanteau of “Digital Cash“. Based on open source peer-to-peer technologies, it offers differentiating features like instant transactions and private messaging.

Currently, Dash is the 3rd most valuable cryptocurrency, by market cap. It’s also the first decentralised autonomous organisations, due to it’s decentralised governance and budgeting system.

When Dash program originally started (called XCoin at this point), the cryptocurrency market was riddled with scams. New cryptocurrencies were appearing on the market every week, then pumping it’s value, before dumping and abandoning the project. Many feared that Dash would also eventually disappear. Over the next several years of development, the currency has not built up to over 20 full-time employees, 50+ volunteers and has gone onto solve many issues which has plagued the cryptocurrency market, such as slow transaction times.

The dash cryptocurrency and it’s original developed has also fallen under some criticism.

Within the first few days of launching Dash, 1.9million coins were mined (or approximately 27% of the 7.1 million coins currently in circulation – 03/2017). This has lead some to label the process as being an “instamine” and complain the process was designed to personally enrich the developer.

The lead programmer retorted that the error was a result of an error in the core code “which incorrectly converted the difficulty, then tried using a corrupt value to calculate the subsidy, causing the instamine.”

Investment News | Forex | Cryptocurrency News | Dash Price Charts | XCoin | Darkcoin