Duffield served as CEO of Dash Core Group – the company that supports the continued development, integrations and other activities of Dash – until December 2017 when he stepped down to focus on other strategic initiatives.
Duffield has claimed that he started it as a hobby, coding it in just one weekend.
He first conceived of Dash in 2012 as a way to add more anonymity to Bitcoin – hence, originally calling it Darkcoin.
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The project was originally called XCoin, changing its name to Darkcoin two weeks later before rebranding again to Dash in March 2015 in an effort to positively change its image.īefore launching Dash, Duffield was a software developer with experience in finance, from his time working at Hawk Financial Group, as well as in public relations, having developed machine learning algorithms and search engines. Who Are the Founders of Dash?ĭash was founded by software developers Evan Duffield and Kyle Hagan. Since going live, Dash has grown to include features such as a two-tier network with incentivized nodes, including “masternodes,” and decentralized project governance InstantSend, which allows for instantly settled payments ChainLocks, which makes the Dash blockchain instantly immutable and PrivateSend, which offers additional optional privacy for transactions. According to the project’s white paper, Dash seeks to improve upon Bitcoin (BTC) by providing stronger privacy and faster transactions.ĭash, whose name comes from “digital cash,” was launched in January 2014 as a fork of Litecoin (LTC). Dash is an open-source blockchain and cryptocurrency focused on offering a fast, cheap global payments network that is decentralized in nature.
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