Dash DASH Mining Protocol
Sep 24, 2017 - In this Dash vs Bitcoin comparison, we'll take a look at Dash's attempts to solve many of the problems found in Bitcoin. Recently in the Bitcoin scaling debate. As a result, a lot of Bitcoin's shortcomings are now solidified into the protocol, meaning that it can only maintain certain specific use cases. Last updated on December 25th, 2017 at 01:49 pm Dash is an altcoin that focuses on privacy and instant sending (allowing confirmations to be done within a second). Nov 13, 2017 - Dash is seeking direction after hitting new highs. After reaching a new record above $500 on Sunday, the sixth-largest cryptocurrency by market capitalization fell back to near $350 today before regaining poise above the $400 mark. As of writing, the dash-U.S. Dollar (DASH/USD) exchange rate is $403. The Dash Core team consists of around 50 employees who are continually improving the protocol. How to Buy Dash in 3 Simple Steps.
DASH is a virtual currency originally launched in January 2014 as XCoin, later renamed in February 2014 as Darkcoin, and finally from March 2015 assumes the current name of DASH-Digital Cash. Dash is a Bitcoin hard-fork, so it retains all the main features, but adds others in trying to solve some issues that affect Bitcoin and its community. Among the main novelties introduced in the dash protocol are: Instant Send, which allows you to have a definitive confirmation of the transaction within a time ranging from 1 to 5 seconds; Private Send that allows you to make a coin-mixing and thus increase the privacy of your transactions; a different distribution of the block reward, which is distributed 45% to the Miner, 45% to the Master Node and 10% to the Treasury. The Dash Miners carry out the same Bitcon Miner Security functions. The Treasury is a Cash Fund that allows Dash to self-finance its own development.
MasterNodes are functionally similar to Bitcoin's network nodes, but those who manage them must demonstrate that they own 1000 Dash for each Masternode that it manages. The Masternode, in addition to having part of the block reward, have the right to vote on how to distribute the Treasury funds. Thanks to the funds of your Treasury, Dash's development is proceeding very fast. Between developer there is a great expectation for Dash Evolution, which aims to eliminate all barriers that disincentive people from using virtual currencies. Dash Price and Market Cap Today last Dash/USD price chart This architecture makes Dash one of the first, if not the first DAO (Decentralized Autonomous Organization) to operate. The Dash is based on X11 protocol made by its creator, Evan Duffield, with the intention of making ASICS use among miners more difficult. Dash is issued through mining, with a dynamic reward block (grows in under mining, and decreases over mining), which decreases by 7% each year.
It is estimated that Dash's final production will be around 18 million. Cheapest Verge XVG Miner. The verification method is a hybrid system between proof of Work and proof of Stake. Antminer D3 - Dash Mining Antminer D3 specs: Hash rate: 15 GH/s X11 (±5% variation) Power consumption: 1200W (at the wall, with Bitmain’s APW3 PSU, 93% efficiency, 25°C ambient temp). Dimensions of the miner: 320x130x190 mm Price: $ 2.699 USD, power supply not included in the package. Pre-order here One week ROI is of course temporary and we will know the real numbers soon.
However, if you want to keep mining Dash, then the D3 is definitely a must. The sooner you get it, the more chances there are that you might get some extra Dash while the network difficulty is still relatively low, compared to what it will soon become. The profit changes depend on electricity price and real GigaHash.
Dash profit mining calculation Check ouf dash mining difficulty here Are you ready to mine? Thanks to read my post.
