Dash wallet

Secure your DASH assets

Secure your Dash assets with the most trusted hardware wallet. Cold storage wallets are typically encrypted devices that store users' Dash assets offline, providing a layer of security against the evolving threats emerging from being connected to the Internet.




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How to manage Dash with Ledger devices

Secure your Dash (DASH)

Secure multiple assets, including Dash using a Ledger Hardware Wallet.
Your private keys, giving access to your assets, remain safe in a certified secure chip.

Ledger Nano S

Ledger Nano S

Protect your Dash assets with the first and only
independently-certified Dash wallet on the market.

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Ledger Nano X

Ledger Nano X

The Ledger Nano X is a Bluetooth® enabled secure and
CES award winning device that protect your Dash assets

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How to manage your Dash (DASH)

Ledger Live

Directly manage your Dash with Ledger Live, our own desktop and mobile application. Check your balance in real-time, send and receive your Dash and 5,500+ other assets directly from Ledger Live.

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Easy, save and one of the best option to store Cryto Currencies.

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Everyone should have one for personal security.

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What is Dash (DASH)

Originally launched as ‘XCoin’ in 2014, DASH is a P2P payments-focused cryptocurrency that is a fork of the Bitcoin protocol. DASH is a play on the words ‘digital cash,’ and is the primary goal of the cryptocurrency -- to become the digital cash of the Internet.


Dash (DASH) features

DASH is a unique cryptocurrency in the broader market for several reasons. Among the most notable is that the cryptocurrency is a form of decentralized autonomous organization (DAO). As a DAO, DASH is governed by its community of users, mainly the Masternodes in the network who oversee various decisions on the DASH blockchain along with other community shareholders.

DASH is one of the more distinguished cryptocurrencies that uses a Masternode system, which is used in combination with proof-of-work (PoW), and the Masternodes enable several distinct features -- including InstantSend and PrivateSend transactions.

DASH has a large community of users and developers that is supplemented by the Dash fund, which is a community fund that absorbs 10 percent of block rewards from mining to fund the network’s development using a proposal and voting mechanism among community members.

Governance and Masternodes

DASH refers to its governance design as ‘Decentralized Governance by Blockchain’ (DGBB), and its goal is to properly support funding and governance decisions by a large community of participants without centralized control. Governance decisions are made by the Masternodes in the network, which can vote yes, no, or abstain from proposals made in the network.

Masternodes are specialized nodes in the DASH network that are required to hold 1000 DASH minimum as collateral for decision-making in network judgments. The 1000 DASH minimum requirement cannot be spent without interrupting the Masternode’s operation.

One of the primary functions of Masternodes is to signal their support of funding development projects for the DASH network. These projects can include everything from marketing to technical upgrades and are allocated 10 percent of the PoW block reward from the network. According to the DASH technical documentation:

“Every time a block is mined, 45% of the reward goes to the miner, 45% goes to a masternode, and the remaining 10% is not created until the end of the month. During the month, anybody can make a budget proposal to the network.” If at least 10 percent of Masternodes support a proposal, then the requested amount is paid out at the end of the month corresponding to the proposal. As of November 2018, there are more than 5000 Masternodes worldwide, spread across 45 countries.

Masternodes also play a role in block validation in conjunction with miners on the DASH network. Masternodes receive the same portion of the block reward (45 percent) as miners, however, the role of miners is to secure the blockchain -- similar to Bitcoin -- while Masternodes are rewarded for providing the services of InstantSend and PrivateSend.

InstantSend, PrivateSend, and Merchant Adoption

As corollaries to the primary initiative of functioning as a reliable digital payment method for online merchants and consumers, privacy and speed are core focuses of DASH as well. Privacy and speed are provided by Masternodes as services called PrivateSend and InstantSend, respectively.

PrivateSend is designed to obfuscate the origin of funds sent across the DASH network and relies on mixing transaction inputs between users to mask transaction details. Special messages are sent to Masternodes to perform transaction input mixing, and the mechanism supports the goal of DASH being a fungible cryptocurrency.

InstantSend is based on the DASH network’s second layer of Masternodes that enable transaction confirmation times to be reduced -- providing a crucial advantage to online merchants. InstantSend works by Masternodes voting in ‘quorums’ on the authenticity of specific transactions, subsequently locking them into a future block’s production without waiting for the confirmation time typically required for transactions appended to blocks.

InstantSend and PrivateSend have made DASH popular among online merchants, with DASH citing more than 4,800 merchants as using the network for payments.

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