Mark Mason
Well-known member
Dash: The First DAO
Structure
Miners
As with any proof-of-work cryptocurrency, Dash’s base network runs on mining, running software to solve complex algorithms. This is used to both create new coins (diminishing over time until an eventual limit somewhere around 18 million) and run the network, processing transactions in exchange for minimal fees. In theory, anyone can be a miner and run the network. In practice, specialized machines called ASICs have a significant competitive edge in mining, and you’ll probably need one to get anywhere.
Miners receive 45% of the block reward, the newly minted coin supply.
Read more: https://www.dashforcenews.com/dash-first-dao/
As with any proof-of-work cryptocurrency, Dash’s base network runs on mining, running software to solve complex algorithms. This is used to both create new coins (diminishing over time until an eventual limit somewhere around 18 million) and run the network, processing transactions in exchange for minimal fees. In theory, anyone can be a miner and run the network. In practice, specialized machines called ASICs have a significant competitive edge in mining, and you’ll probably need one to get anywhere.
Miners receive 45% of the block reward, the newly minted coin supply.
Read more: https://www.dashforcenews.com/dash-first-dao/