What is DASH and how to earn free DASH?
What is Dash? Dash is an open source peer-to-peer cryptocurrency with a strong focus on the payments industry. Dash offers a form of money that is portable, inexpensive, divisible and fast. It can be spent securely both online and in person with only minimal transaction fees. Based on the Bitcoin project, Dash aims to be the most user-friendly and scalable payments system in the world. How does it work? Dash, like Bitcoin , is based on a decentralized ledger of all transactions, known as a blockchain . This blockchain is secured through a consensus mechanism; in the case of both Dash and Bitcoin, the consensus mechanism is Proof of Work (PoW ). Dash works a little differently from Bitcoin, however, because it has a two-tier network. The second tier is powered by masternodes (Full Nodes), which enable financial privacy, instant transactions and the decentralized governance and budget system. Decentralized Governance by Blockchain (DGBB) Governance in a decentralized project is dif...