A decentralized autonomous organization (DAO) is an entity with no central leadership. Decisions are made by a community organized around a specific set of rules enforced on a blockchain. Think of DAOs as an internet business that is collectively owned and managed by its members. A DAO’s code should be 100% transparent and verifiable by anyone. We explore how Dash meets the criteria of a DAO.
The Dash blockchain improved efficiency with its introduction of masternodes five months after its launch. Masternodes were revolutionary, reducing transaction time and keeping the Dash network performing safely, healthy, privately, and efficiently. If you're wondering why anyone would do it, we've listed the joys of being a Dash masternode owner.
The official Dash website lists sites where you can use Dash. Included are a handful of websites, but a subset shown enable a large number more than you see listed. We want to underscore how many businesses accept Dash cryptocurrency (whether they know it or not!).