Dash, What’s That?

If email is a electronic mail then Dash is digital cash. One is a system for sending words over the internet and the other is a system for sending value over the internet.

Dash along with others, such as Bitcoin, Litecoin & Etherium, are forms of currency created and transferred between users using cryptography which is the art of writing and solving codes and lies behind the science of securing data.

These cryptocurrencies allow individuals to become their own bank and complete international transactions as well as pay for things in shops where merchants accept them.

Dash also has some interesting features including a system that allows instant payments and a democratically controlled budget that is spent each month on projects that benefit the Dash ecosystem.

On behalf of Circus City I applied to this budget system with a proposal to sponsor the 2017 festival.

I see such huge potential for the technology of Dash and straight away I felt there could be a beneficial collaboration between the decentralised autonomous organisation (DAO) that is Dash and Circus City.

The circus world needs an independent international payment solution, a way for people to be their own bank and Dash is seeking real world adoption and integration.

Having explained the background a bit in the next post i’ll talk about the process of creating a proposal and engaging in a meaningful way.