Dash Core Team
- Apr 9, 2014
Dash hasn’t been hanging around. In the last five years, it has lived up to its namesake and achieved everything from developing masternodes to humanitarian efforts and even a respectable market cap. It is now accepted at more than 4,000 merchants worldwide, you can buy it at 700 ATMs and get hold of it on 90 exchanges. But how did it get to be this ubiquitous?
It started on January 18, 2014, when Evan Duffield—an early Bitcoin adopter—took the code from Litecoin and forked the network to create Dash, making a few improvements as he did so. He changed the algorithm from SHA-256—which Bitcoin and Litecoin use—to the X11 algorithm, making it ASIC-resistant, which prevents more powerful computers mining all the coins. At launch, it was originally called Xcoin but this was changed to Darkcoin–due to a name conflict with a service that allows ..........