This coin is made to hold Darkcoin, which was later renamed ’Dash’ to remove negative connotations of the word ‘dark’, and to combine the words ‘digital’ and ‘cash’. The word ‘Dash’ also implies speed. The currency uses a system called ‘Darksend’ which ‘anonymizes’ transactions, unlike those made with Bitcoin which are stored forever on a public ledger. The ‘D’ logo on the coin is the old version; a new logo was made to accompany the new name.
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