Before becoming the favorite currency of today, Dash has also gone through a rather harsh process. Beginning with the name Xcoin when launched on 18.1.2014, it was soon renamed Darkcoin on February 28. With the X11 algorithm, Darkcoin promises to bring security, hidden Reputation and privacy for all customer transactions. In addition to all the features of Bitcoin, Darkcoin also owns enhanced functions such as personal transactions, management rights (DGBB).
Dash uses a two-tier architecture to enhance the system. The first floor consisted of the miners, system protectors and write transactions for Blockchain. The second floor consists of "masternode" - allowed to upgrade Dash functions. "Masternode" is solid, certainly, helping Dash to disperse and manage itself, and to prevent attacks on the system.
At first, Darkcoin was circulated in two online markets of deepweb - the first place to accept this kind of money.
Dash and algorithms
The Dash was mined at the same time by the GPU and X11, which made the Dash transaction mysterious and difficult to pinpoint the origin of the cash flow. This is also the highlight for Dash to become the first company to offer this sophisticated anonymous feature to the market.
Now Dash has become a strong coin and ranked seventh in the top 10 cryptocurrency highlights. This currency has a total capitalization of more than $ 2.309 billion for $ 306, supported mining around 27.41 TH / sec for ASIC X11 mineralized miners.
First, to get Darkcoin or coin DASH, you need a r9 280x 3GB graphics card and a mining program with the X11 algorithm. If you want to expand you just need to add GPU.
Miners around the world agreed to create master node and mining grew at an unusual rate. In addition, there are rumors that they have created secret chips for this interesting algorithm. However, despite some concerns, the DASH X11 will go from the GPU to ASICX11.
Now, in the long run, if X11 mining is converted to professional mining, with emphasis on decentralization and interest in ASICX11 chips, DASH will continue to receive even more mineralization.