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1. www.investopedia.com › tech › what-dash-cryptocurrencyDash: What It Is, How It Works, Difference From Bitcoin

   www.investopedia.com › tech › what-dash-cryptocurrency

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   May 5, 2024 · Dash uses the X11 algorithm, a modification of the proof-of-stake (PoS) algorithm that uses 11 different hashing functions. It also uses a technique called CoinJoin, a...

2. docs.dash.org › en › stableFeatures — Dash latest documentation

   docs.dash.org › en › stable

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   X11 is a widely used hashing algorithm created by Dash core developer Evan Duffield. X11’s chained hashing algorithm utilizes a sequence of eleven scientific hashing algorithms for the proof-of-work.

3. People also ask

   Why was X11 integrated into Dash?

   • Evan Duffield, the creator of Dash and X11 chained-hash, has written on several occasions that X11 was integrated into Dash not with the intention to prevent ASIC manufacturers from creating ASICs for X11 in the future, but rather to provide a similar migratory path that Bitcoin had (CPUs, GPUs, ASICs).

   Features — Dash latest documentation

   docs.dash.org/en/stable/introduction/features.html

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   What is X11 hashing algorithm?

   • X11 is a widely used hashing algorithm created by Dash core developer Evan Duffield. X11’s chained hashing algorithm utilizes a sequence of eleven scientific hashing algorithms for the proof-of-work. This is so that the processing distribution is fair and coins will be distributed in much the same way Bitcoin’s were originally.

   Features — Dash latest documentation

   docs.dash.org/en/stable/introduction/features.html

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   What is X11 & how does it work?

   • Unlike Bitcoin, which relies on a single algorithm, X11 is also designed to provide protection against any future weaknesses discovered in one or more of the hash functions. Today, mining is a highly professionalized industry driven by powerful ASIC server farms around the globe working to secure the Dash network.

   Learn How Mining Works With Dash | Dash

   www.dash.org/mining/

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   Why is X11 better than other algorithms?

   • X11 is also more energy-efficient than different algorithms, which helps reduce the cost of mining DASH. Dark Gravity Wave (DGW) is a difficulty-adjustment algorithm used to adjust the difficulty of mining a block in response to changes in the network’s hash rate.

   Introduction to the Dash Blockchain: What Is Dash and ... - WhiteBIT Blog

   blog.whitebit.com/en/what-is-dash-and-how-does-it-work/

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4. blog.whitebit.com › en › what-is-dash-and-how-doesIntroduction to the Dash Blockchain: What Is Dash and How ...

   blog.whitebit.com › en › what-is-dash-and-how-does

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   Feb 9, 2023 · What is X11? Dark Gravity Wave (DGW) How Is Dash Different From Bitcoin? DASH, short for Digital Cash, is a cryptocurrency making waves in the digital currency world. With its unique two-tier network, DASH offers faster transactions and lower fees than Bitcoin.

5. docs.dash.org › en › stableMining — Dash latest documentation

   docs.dash.org › en › stable

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   Dash implements an algorithm known as X11, which the miner must solve in order to earn rewards. The simplest and most general hardware available for mining is the general purpose CPU present in every computer.

6. rmdash-docs.readthedocs.io › en › latestFeatures — Dash latest documentation - Read the Docs

   rmdash-docs.readthedocs.io › en › latest

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   X11 hashing algorithm, CPU/GPU/ASIC mining available. 2.6 minute block time, 2MB blocks, ~56 transactions per second. Block reward decreases by 7.14% per year. Dark Gravity Wave difficulty adjustment algorithm. Between 17.74M and 18.92M total coin supply. Decentralized second-tier masternode network. Superior privacy using CoinJoin.

7. www.dash.org › miningLearn How Mining Works With Dash | Dash

   www.dash.org › mining

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   How Mining Works. Like many blockchains, transactions on the Dash network are secured using a cryptographic method known as Proof of Work (PoW) mining. In this process, powerful computer processors search for solutions to a mathematically difficult problem defined by the X11 hashing algorithm.

8. bitcoinwiki.org › wiki › X11X11 Algorithm – ASIC Miners, Coins, Pool – BitcoinWiki

   bitcoinwiki.org › wiki › X11

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   Dec 21, 2023 · X11 is the name of the chained Proof-of-work (PoW) algorithm that was introduced in Dash (launched January 2014 as “Xcoin”).

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