What is DASH DIAMOND (DASHD) — An Introductory Earning Guide

msimyunn
2 min readJan 4, 2020

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This article is first published in publish0x.

Disclaimer: I am not a financial adviser, so please do your own research in making financial decisions. Also this post contains referral links, I am not obliging anyone to sign-up with them.

What is Dash Diamond (DASHD)?

Dash Diamond, according to its white paper, is a cryptocurrency based on two of the most popular and widely-used Proof-of-Stake and masternode cryptocurrencies — Dash and PIVX. And like most cryptocurrencies, DASHD aimed to be fast, secure, and cheap transactions. Additionally, it want to solved the usability issues facing for most cryptocurrencies by becoming the internet’s native currency.

The key characteristics of DASHD are proof-of-stake, masternode, secure network, instant send and near-zero transactions.

Staking

Staking DASHD can easily be done in stackofstake. In stackofstake, which the simpliest, staker only needs to deposit DASHD and it will start earning.

Masternode

While staking does not entails much on maintenance fee, masternode does. But it earns more than staking. The easy way in setting a masternode is in gentarium. Below are the steps in setting up masternode in gentarium. The very first step is to sign up, so register here.

1. Click “Shared Masternode”

2. Search for Dash Diamond on the search box

3. Click “Invest”

4. Copy address and send 1000DASHD.

5. Type the amount sent.

6. And click finished, once the transfer is complete.

Note: The transfer sometimes took longer time. Another important note as I mentioned above, hosting masternode requires payment.

See more about tariffs in https://mn.gtmcoin.io/tariffs.

Exchange

Dash Diamond (DASHD) available in Crex24 and Graviex.

Reference

  1. https://dashdiamond.net/Dash_Diamond_Whitepaper.pdf

2. https://mn.gtmcoin.io/tariffs

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msimyunn

Cryptocurrency enthusiast | Loves staking and masternode | Believes that cryptocurrency is the future money