Dash coin (DASH) is an open-source cryptocurrency created by Evan Duffield in 2014. Built on the basic structure of Bitcoin, Dash coin focuses on features such as fast and secure transactions, anonymity, and decentralization. The most important feature that distinguishes Dash from other cryptocurrencies is its two-tiered network structure and special servers called Masternodes. Masternodes ensure the security and functionality of the network, while also contributing to Dash’s unique governance system.
The founder of the Dash project is phone number library Evan Duffield. He started the project in 2014 under the name “XCoin”, later renamed it “Darkcoin” and eventually rebranded it to its current name “Dash” in 2015. Duffield played a key role in the development of Dash’s core technology and the early stages of the project.
However, since Dash is an open-source project, many developers and community members other than Duffield contribute to its growth and development. Dash is governed by a decentralized autonomous organization (DAO) model, and Masternode owners have the right to vote on the future of the project. Therefore, Dash’s success can be seen as a collaborative effort of a large community.