Dash (DASH)
Dash is a cryptocurrency that was created as a fork of Bitcoin in 2014. The name "Dash" is a contraction of "Digital Cash." The primary goal of Dash is to provide a fast, secure, and private means of payment that can be used both online and in traditional brick-and-mortar stores.
Dash uses a unique two-tier network that separates transaction verification and block creation into two separate functions. The first tier is made up of masternodes, which are servers that facilitate transactions and provide other services to the network. The second tier is composed of regular nodes, which are used to verify transactions.
Dash is also known for its advanced privacy features, such as PrivateSend, which allows users to send transactions that are completely anonymous. Additionally, Dash has a feature called InstantSend, which aims to make transactions nearly instantaneous.
Overall, Dash is designed to be a more efficient and practical form of digital cash that can be used for everyday transactions.