Dash Core Group, Inc.
Name
Dash Core Group, Inc.
Summary
-Dash is a fork of Bitcoin that focuses on the payments use case
-It was founded in 2014 by Matthew george, Ryan taylor and Tanner Fox,
-Dash is one of the oldest DAOs
Rating
Symbol
DASH
Overview
ash has introduced a number of features to the industry including masternodes, LLMQs, ChainLocks, and InstantSend, which target scalability, speed, reliability, cost-effectiveness, and user experience.
Dash provides holders with a feature called InstantSend, which allows holders to send Dash on the Network and receive confirmation of their transactions live. Another feature Dash provides is PrivateSend, which enables enhanced privacy by combining as well as mixing Dash of several holders before transmitting the Dash, which then aids in creating uncertainty regarding the source of the Dash being transferred (though transactions are still recorded on the blockchain and remain traceable when this feature is used). Utilizing PrivateSend makes it tedious for third parties to monitor the total value of a holder’s electronic wallet (described in detail below), thereby providing greater protection from increasingly frequent criminal attacks (both digital and physical) targeted at individuals and entities holding significant digital assets.
Historical Price Movement (in INR)
Technology
ash Utilizes various nodes for its functionality s such as masternodes.
“Masternodes” are nodes that perform specialized functions on the Network, including processing InstantSend and PrivateSend transactions. Operators of masternodes receive compensation payable in Dash for performing such services (as described below).
Any holder can operate a masternode or change an existing node into a masternode by downloading specific software, and demonstrating that such holder has a transaction output storing a sum of exactly 1,000 Dash. Masternode status is maintained for so long as the operator continues to hold that transaction output storing exactly 1,000 Dash and the masternode adequately services user requests. If the transaction output is used as an input in a transaction, the Network automatically strips the holder of its status as a masternode and its ability to carry out the specialized functions. In addition, masternodes are subject to proof-of-service; if masternodes fail to provide services to the network, they are banned from the masternode layer of the network and discontinue receiving compensation. Operators of masternodes maintain custody and control of the 1,000 Dash collateral at all times.
The 1,000 Dash is not pooled or used for collective projects or investments, and they are not paid interest or dividends on their Dash. A holder can operate multiple masternodes provided that each masternode maintains the requisite 1,000 Dash.
Dash Miners
45%
masternodes
45%
Funding Future Proposals
10%
Volume ( as of 26Th April)
$165,864,514
Total Supply
10,686,221 DASH
Circulating Supply
10,686,221 DASH
Crowd Sales
Dash has had an ICO funding round
Funding
1/06/2017-ICO-N.A
Country
USA
Year Incorporated
2014
Registered Address
Scottsdale, Arizona
Dispute Resolution and Governing Law
USA
Country Risk Assessment
A1
Founding Team
Name | Designation | Education | Experience |
Ryan taylor | Ex-CEO | lColumbia Business SchoolMBA, Finance and EconomicsArizona State University - W. P. Carey School of BusinessBS, Management | 20 Yrs |
Matthew George | Founder & CEO | University of the PeopleBachelor's degree, Business Administration, Management and Operations | 43Yrs |
Tanner Fox | Investor | University of Southern California Bachelor's degree, Business, Management, Marketing, and Related Support Services | 24Yrs |