The Dash blockchain is a combination of a proof-of-work (PoW) system composed of miners and a proof-of-service (PoSe) system of masternodes. The PoW system allows for basic transaction activities, while the PoSe system enables optional privacy features. Additionally, Dash has security features such as InstantSend and ChainLocks, which help to speed up and secure transactions. Dash uses CoinJoin technology to provide optional privacy, which combines multiple transactions and wallets to make tracking more difficult.
A decentralized autonomous organization governs the Dash network (DAO) called the Dash masternodes, which consists of masternodes that hold a minimum of 1,000 DASH coins. The Dash platform also allows for the development of decentralized applications (DApps) on the Dash blockchain.
The price of Dash, like most cryptocurrencies, can be expressed in U.S. dollars (USD). The Dash price in USD has fluctuated significantly over the years, with its value reaching as high as $1,600 in December 2017 and as low as $30 in December 2018. Despite these fluctuations, Dash has remained a popular digital asset and has a strong following within the cryptocurrency community.