Coin of the Week  – Dash

  • Post by:
  • June 5, 2020
  • Comments off

5 June 2020.

We’re opening June with our first coin of the week – Dash.  

This week Dash has managed to outperformed Bitcoin by +2.41% and is up against the US Dollar by +5.17%.

  • Trading volume (last 24hrs): $ 13,074,408.44
  • Transaction Volume (Adjusted 7 day average): $ 8.88 Million
  • Active Addresses (7 day average): 102 K

Dash is designed to be digital cash that offers financial freedom to everyone, and is aiming to become a currency that is accepted by businesses across the globe.

On the 4th of June 2020 the Dash Core Group hosted a live stream to present a proposal for improving Dash as a Store of Value.

Here are some of the “Store of Value” Proposal highlights

  • Block reward balance to be gradually changed to 545 Masternodes and 36% Miners (over a 5 year period)
  • A Flexible budget payout between 0-20% of the monthly emissions
  • Possible fixes to low MN voter participation through registration or past historical voting
  • The current fees could increase 7x

You can watch the full video here

Join the Community

Learn more about Konfidio and how we’re accelerating the adoption of disruptive technologies to build a more decentralized future.