Launched in 2014, Dash was originally known as Darkcoin and was designed to ensure user privacy and anonymity. In fact, the cryptocurrency’s whitepaper, co-authored by Evan Duffield and Daniel Diaz, describes it as “the first privacy-centric cryptographic currency” based on Nakamoto’s work.
While it still features strong encryption features, Dash has since recast its ambitions. The cryptocurrency now aims to become a medium for daily transactions. “Dash is Digital Cash you can spend anywhere,” its website boldly proclaims.