Dash stands for Digital Cash, previously Dash was known as Darkcoin and is an alternative coin similar to bitcoin.
This digital asset, created in early January 2014, offers a higher level of privacy than bitcoin, with a new decentralized network called Masternodes. Dash crypto is the first digital asset to offer instant and secure transactions.
Founded by software developers Evan Duffield and Kyle Hagan, the project was originally called XCoin, changing its name to Darkcoin two weeks later before rebranding again to Dash in March 2015 in an attempt to positively change its image. According to its website, their goal is “to be the most user-friendly, payment-focused crypto asset in the world.