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Dash is the first privacy-centric cryptographic currency based on the work of Satoshi Nakamoto.
Dash is based on Bitcoin and compatible with many key components of the Bitcoin ecosystem, its two-tier network structure offers significant improvements in transaction speed, anonymity, and governance.
Full nodes are servers running on a p2p network, that allow peers to use them to receive updates about the events on the network. These nodes are very important to the health of the network. They provide clients with the ability to synchronize and quick propagation of messages throughout the network.
Masternodes are full nodes, just like in the Bitcoin network, except they must provide a level of service to the network and have a bond of collateral to participate.
Run a master node- The node must store 1000 DASH. Master node rewards will vary according to the current total number of active master nodes.
Consensus mechanism-
Dash uses Tender Mint pBFT-based consensus protocol consensus engine, a scalable and energy-efficient blockchain consensus. Block execution only occurs after a block is committed. It gets committed when it gets >2/3rd of the total validators pre-committing for it in one round.
Transactions per second 48
Speed per transaction- 1 sec
DASHUSD surged more than 27% in this month. It holds above the short-term (21 and 55 EMA) and above the long-term moving average. It hit a high of $40.83 and is currently trading around $40.25.
The bullish invalidation can happen if the pair closes below $25. On the lower side, the near-term support is $34. Any break below targets $30/$25. Any breach below $25 targets $20.
The pair's near-term resistance is around $42. Any breach above confirms minor bullishness. A jump to $51/$60 is possible. A surge past $60 will take it to $79.
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It is good to buy on dips around $32-33 with SL around $20 for TP of $60/$78.
