Dash is a self-funded, self-governed organizational structure launched in January 2014 by Evan Duffield that was originally named XCoin with the name changing to Darkcoin and then Dash in March 2015. It started as a fork of Litecoin and after rebasing, a fork of Bitcoin in 2015. It is a decentralized governance system of blockchain, Dash is a decentralized autonomous organization, or DAO. And running a masternode requires ownership of 1,000 Dash. Funds are being allocated for projects in developing countries. But investments are not limited to such expansion as Arizona State University Blockchain Research Laboratory requested $350,000 for scholarships related to Dash in the form of an online course, with others as well.
And this coin is getting more attention. Dash appeared in a Forbes magazine interview, Mr Ryan Taylor, CEO of Dash Core Group discussed with the magazine, the advantages that Dash offers. He said, “Dash attempts to differentiate itself via a structured and decentralized governance model, something that Bitcoin and Ethereum lack.”
Note that there are other benefits, as Dash Ventures provides an opportunity to create a more robust funding ecosystem, and according to the article, this is a more flexible system. Growth is focused on real value instead of only on speculation, making this system different than other offerings. It also has a competitive advantage in transaction cost. Still it has struggled to gain recognition in the mainstream media but recent podcasts and other alternative outreach groups are talking about Dash now. Things are changing. We encourage you to research and learn more about this exciting system – Dash.