What is Dash Coin
Well since we are in the crypto and finance community, I believe all of you has understand what Dash Coin is. From its launch in 2014 it has been re-branded a couple times.
First its called Xcoin when first launch, and then rename as Dark Coin, before being changed again into Dash we knew today. While in Bitcoin they use Proof-of-work algorithm to verify the transaction, Dash uses Proof-of-stake algorithm and also uses masterdone with the minimum 1000 DASh to run a masternode.
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Tesla Owns Bitcoin, Dash Owns Tesla
Most of crypto people must have known and also like how Elon Musk with his Tesla Company decided to buy Bitcoin, because it brings another exposure towards crypto community.
While in the other hands, Dash Investment Foundation or DIF , an entity controlled by dash Decentralized network enable them to buy a buy a company share legally, decided to buy some shares in the Tesla Company and also the upcoming Coinbase IPO.
How cools is that, when real life company racing to have a hand into the crypto world, an entity based on crypto managed to owns a real life company.
Not only in Tesla and Coinbase, DIF has already making several investment like in the gaming platform, trading platform, and also retail.
Are we seeing brighter future?
Dash and Stakehound
Another news from Dash Coin is a partnership they do with StakeHound. With this partnership a dash coin owner can have a hand on teh DEfi world with the help of StakeHound.
You can send your liquid dash to StakeHound they then will issue you StakedDash token which then you can use anyway you wish in the Defi World.
You can still get the Staking Reward from the Dash you send to Stakehound, while in the other hands you can also get another reward to StakedDASH if you with to stake or lending them in the Defi. Its a double benefit from single Coin isn't it?
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