Dash

Dash originally was architected by founder Evan Duffield and a small group of other individuals who collaborated to create an alternative to Bitcoin that would enhance user experience by providing transaction speed that could facilitate everyday use as well as greater control over transaction privacy. They believed competing virtual currencies were not as viable for use in ordinary purchases, such as buying a cup of coffee, because transactions can take too long to confirm. In pursuit of this goal Dash created a two-tier network with... Learn more about Dash's background.

Within the first 48 hours of Dash's launch, approximately 2.0 million coins were mined, which significantly exceeded the planned emission schedule. Dash was originally forked from Litecoin, and although Litecoin suffered a similar issue at its launch due to a bug in its difficulty adjustment algorithm, this was not widely understood at the time of Dash's launch. Excluding the first two Litecoin blocks (which were mined prior to release), coin emission during the first 24 hours was elevated resulting in the creation of 500,000 Litecoin... Learn more about Dash's supply & distribution.