Dash (DASH) is a peer-to-peer cryptocurrency service which focuses specifically on offering rapid transaction speeds within the payment industry. Dash aims to provide a user-friendly service that appeals to non-technical users, while solving the transaction speed issues suffered by Bitcoin.

The Dash project was initially released in 2014, under the name XCoin by founder Evan Duffield. A series of rebrands saw the company become Darkcoin in 2015, followed by a switch to Dash in the same year. Dash is a portmanteau of ‘Digital Cash’, and reflects the easy and simple nature of the company’s business plans.

Dash aims to facilitate quick, easy transactions for the average person. Dash is developing a method for dealing with contracts by name, as opposed to addresses in cryptographic form, enabling single click purchases and access from mobile devices and websites. Dash provides a PrivateSend function which allows for untraceable payments. Their InstandSend service solves the double-spending problem of Bitcoin and allows for near-instant transfers.

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