Dash (DASH) is an open source cryptocurrency based on Bitcoin software. Coin Dash was formerly known as Darkcoin and XCoin. In addition to its Bitcoin cryptocurrency features, Dash offers instant transactions (InstantSend) and anonymous transactions (PrivateSend).
Dash is blockchain based and works with the Proof-of-Work (PoW) consensus mechanism. Thanks to the X11 algorithm, Dash mining requires less power and leads to less heating of technology.