Dash news provide a revealing insight into the exciting world of privacy coins. Formerly known as Xcoin and Darkcoin, Dash (a portmanteau of Digital cash) is a hard fork of the Bitcoin protocol which introduces obfuscated transactions, quicker block times, and a masternode governance system.
This privacy coin is more centralized in its design, as 10% of all mined coins get sent to the Dash DAO in order to fund development and marketing campaigns. Furthermore, the "PrivateSend" transactions only create a blockchain-level mixing of UTXOs but don't conceal metadata about the operation itself. Given these technical specifications, Dash is a commerce-friendly privacy coin that can't really be used on online illegal markets or facilitate unlawful operations. Nevertheless, according to an article written by German news magazine Der Spiegel in February 2019, Dash was the most popular cryptocurrency in Venezuela.
Crypto Insider will cover the most important Dash news and keep you updated with the events and developments that matter.
