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ToggleAs one of the earliest cryptocurrencies launched in 2014, Dash (DASH) once played a pioneering role in applying blockchain to fast, private, and decentralized payment, aiming to become a true "digital cash" for global payments. So what is Dash? What makes this project special? Let's explore with Allinstation through the article below!
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DASH Token Information and Tokenomics
Token data
- Ticker: DASH
- Blockchain: Dash (own chain)
- Consensus: Proof of Work (X11)
- Block Reward: 1.55 DASH/block
- Block Time: ~2 minutes
- Max Supply: 18,920,000 DASH
- Circulating Supply: ~11.8 million DASH (as of 2025)
Block reward distribution:
- 45% for Miners
- 45% for masternode
- 10% for DAO Treasury
Token use cases:
- Transaction fees: Payment of costs when performing transactions on the network.
- Global payment: DASH is used as a payment method with high speed and low cost.
- Governance: DASH holders can participate in voting on important network changes.
- Masternode Staking: Those holding 1,000 DASH can operate a Masternode to receive periodic rewards.
How to Mine DASH
Users can:
- Use ASIC devices supporting X11 algorithm to mine DASH.
- Join mining pools to increase the chance of receiving rewards.
- Operate a masternode with a minimum of 1,000 DASH staked.
Dash Development Team
Dash is currently operated and managed by Dash Core Group (DCG) – one of the first non-profit organizations in the crypto industry directly funded by DAO. Some key members:
- Samuel Westrich (QuantumExplorer) – Current CTO of Dash Core Group, leading Dash Platform development.
- Perry Woodin – Board member, former CEO of Node40, masternode infrastructure platform.
- Robert Wiecko – COO, managing development operations and technical coordination.
- Glenn Austin – Former CFO, responsible for financial strategy.
Dash founder, Evan Duffield, withdrew from executive roles since 2017.
Investors
Dash does not have large VC investors like many later crypto projects, because:
- Dash was distributed through mining and masternode model from the beginning (no ICO).
- The entire operating budget is funded from the network's decentralized Treasury.
- 10% of block rewards are allocated to the DAO Treasury to fund development proposals.
- Every month, the masternode community votes to decide budget allocation.
Summary
Dash is one of the oldest blockchain projects still maintaining stable operations until 2025. Developed as a fast, secure, and decentralized payment solution, Dash has continuously improved with features like Masternode, InstantSend, and PrivateSend.
Despite some controversies related to privacy, the project has maintained its goal of building a global payment system. With a clear roadmap, experienced team, and unique DAO funding model, Dash remains a notable name in the crypto payment sector.
