Crypto / DASH 101 | How to Get Started with a Digital Currency Like DASH - ( VIDEO - 5 Mins. )

in #crypto-news7 years ago


Dash is a digital cash.

It provides a way for people to maintain their economic freedom when powers seek to force people into trackable electronic transactions. Dash is a decentralized network, supported by a Peer-To-Peer network of servers worldwide.

There is a limit to the amount of Dash that will ever be created, so no central authority will be able to print some and devalue your hard-earned money.


-- Today:


Amanda B. Johnson shows you how to download a digital currency wallet, send and receive funds with it, and how to backup its data in case of phone loss or damage. Share this video with newcomers for a quick and easy introduction to using digital currency.


--- DASH, THE DIGITAL ALTERNATIVE TO CASH ---


-- Today: (Cont'd)


DASH School Series of Videos:

(There is a six-video series explains blockchains and Dash like you're five. Really.):


DASH 101 Continued:

It currently features instantly confirming transactions, allowing it to be sent and recieved anywhere in the world in seconds, no matter what time of day, for next to no fees. It also features optional private transactions, for those sensitive purchases. In the future it will offer savings accounts similar to banks.

Dash is the complete package, and I urge you to download a wallet and let me know you did!


DASH Self Funding and Governance:


It is not the 10% that goes to the dev's per se as some people believe --- that is a marketing fund used for funding network and development..... and the people who make PROPOSALS for ideas/projects that contribute to the DASH network and community.

DASH is pretty easy to find info on.

  • I know I have blogged a lot on DASH but I have also spent time learning and putting in the hours too!

  • I do not have a ton of DASH but that is how I am able to pick out the problems in articles so quickly that might not have all their facts quite right, for whatever reason.

  • Here is some DASH approved actual (simple) wording right from their Governance pages inside the main website:

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The DGBB also provides a means for Dash to fund its own development.

While other projects have to depend on donations or premined endowments, Dash uses 10% of the block reward to fund its own development.

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 that proposal is approved by at least 10%* of the masternode network, then at the end of the month a series of "superblocks" will be created. At that time, the block rewards that were not paid out (10% of each block) will be used to fund approved proposals.

The network thus funds itself by reserving 10% of the block reward for budget projects.

That direct link can be found here

Download a Dash wallet, and join Dash Nation. Wallets for your operating system can be found here: https://www.dash.org/wallets/

Official website: https://www.dash.org
Dashpay Subreddit: https://reddit.com/r/dashpay
Dash Forum: https://www.dash.org/forum

Join us in Dash Nation on Discord as we forge the future of digital cash: https://discordapp.com/invite/9z8zX5j


Follow Tao from the DASH community today on Twitter! He is very nice and always helpful!

https://twitter.com/cashalternative

Follow Amanda Johnson on Twitter:

https://twitter.com/@AmandaB_Johnson


Super Easy/Fast Picture Edits / Resizing at: http://www.picresize.com/ and also https://www298.lunapic.com/editor/

Thanks for reading, have a nice day.



If you liked this blog post - please Resteem it and share good content with others!

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Some of my recent blogs:

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https://steemit.com/funny/@barrydutton/we-need-a-balance-of-humanity-and-lambos-in-crypto-as-i-see-it

https://steemit.com/steemit/@barrydutton/steemit-global-alexa-ranking-we-just-broke-the-top-1000-last-night-i-blogged-on-us-sitting-at-1002

https://steemit.com/eos/@barrydutton/the-dippening-returns-so-steemit-family-and-friends-what-are-you-buying-holding-trading-during-the-latest-buy-the-dip-short-form

https://steemit.com/freedom/@barrydutton/inside-anarchapulco-2018-11-official-wrap-up-overview-video-from-the-organizers-at-anarchapulco-2018

https://steemit.com/steemit/@barrydutton/steemit-needs-series-41-or-a-fun-post-or-pls-comment-with-your-ideas-to-improve-steemit-or-2-22-2018-or-community-engagement-or

Stock Images in most cases unless noted: via Giphy.com , Funny or Die.com / Pixabay.
Sources usually on image or credited if I cannot find it on an image, but sometimes I forget, sorry if this bothers anyone.

If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.

--

LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE

DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS

EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0

Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477

Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c

Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX

PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh

Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv

ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL



Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.

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Great presentation by ABJ - as usual! I watched her daily before her "hiatus". Thanks so much for sharing this, @barrydutton! Your Pal, @bitsy :)

Hellllllooooooooo @bitsy!

You are so quiet but every once in awhile, I am scanning the blockchain on my page for something or other and see a vote from you in there, and I smile.

Thanks for dropping by again.

I will see you next month.

LOL

Wow this is good stuff

Great information...
upvoted and resteemed

Thank you for the information!