A Dive into Dash's Fundamentals

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TaoOfSatoshi

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Jul 15, 2014
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Fundamentals are one of the most important aspects of a cryptocurrency. This is why whenever you see the announcement of a new coin the first information usually provided is the coin supply, emission rate, hashing algorithm and other similar information. This information is quite vital as it forms the base of a new cryptocurrency. It's no use building fancy new technology on a platform with weak fundamentals that might make it collapse at any moment. As such it's important to look at how Dash handles this critical aspect and why it excels at it.

It’s always best to start with the basics, this gives a quick overview of the philosophy behind a project. Is it a fixed supply like Bitcoin that tries to achieve deflation or an inflationary supply like Ethereum for example. Dash follows in Bitcoin’s footsteps by assigning a maximum supply of 18.9 million Dash meaning that eventually there will never be more than that amount of Dash in existence. Over the time it takes to mine all of the Dash in the world, the reward miners get for solving blocks steadily decreases...

Read more: https://www.dashnation.com/media/education/a-dive-into-dashs-fundamentals/

Thanks for reading!
 
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