Some of you with an interest in Cryptocurrencies may not have heard of DASH.
Apologies if there is already a post on this here but I haven't posted here for some time.
I was fortunate enough to learn about DASH in February. Since then, their marketcap has quintupled. A bubble? It's possible, however there is an inherent positive feedback loop embedded within their infrastructure by design. With Bitcoin, all of the mining fees go to the miners. With DASH, there are major differences, they have a second tier network called masternodes, and each new block reward mined is split between miners, masternodes, and treasury, in the ratio 45%, 45% and 10%. What this means is that miners are incentivized, masternodes are equally incentivized, and there is direct funding via treasury for development of the network, using developers, contractors, PR, paid directly from the blockchain. Distribution of treasury funds is by way of proposals made to the masternode network. The masternode network services instantsend and privatesend transactions, two USPs not available to Bitcoin.
Amanda will explain in the video, try to ignore the pretty face and listen to what she says.