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# 1st Gen Model DigitalCash

$0.0509400 Last close price
at 15-dec-2017

DASHBTC

Model's trade recommendations No return for period yet

272935.81B Network hashes per second

7.68M Total coins mined

DASHBTC

Model (following trade recommendations)

DASHBTC

Underlying stock

S&P 500

Index
Return for period
-23.57%
1.78%
52wk return
303.65%
16.82%
52wk Range
0.01—0.11
2000.54—2399.63
  • X11 Algoritnm
  • PoW/PoS Proof type

DigitalCash (DASH) uses a new chained hashing algorithm approach, with many new scientific hashing algorithms for the proof-of-work. DASH aims to be the first privacy-centric cryptographic currency with fully encrypted transactions and anonymous block transactions, this feature is called PrivateSend and can be found on the official Dashcore wallet.

PrivateSend mixes your DASH coins with other users who are also using this feature at the time, making your transactions untraceable. 

Users can also earn DigitalCash rewards by hosting a master node to help maintain the Blockchain. One must have a balance of at least 1000 DASH in order to host a Dash master node, this collateral is required to avoid 51% attacks on the network.  

Features

  • Untraceable payments
  • Unlinkable transactions
  • Double-spending proof
  • Blockchain analysis resistance
  • Egalitarian proof of work
  • Adaptive limits

Technology

  • Difficulty retargets each block
  • Block reward decreases each block according to the formula:
    BaseReward = (MSupply - A)/218, where MSupply = (264 - 1) atomic units and 'A' is amount of already generated coins
  • POW mechanism is a voting system for users
Difficulty adjustment DGW
Block reward reduction 50%
Current block number 767801.0
Time to mine a block 466.0
Block reward 3.60295191034675