Welcome our Truth in Media Sponsor Spotlight on Dash Digital Cash.
Dash Digital Cash is the exclusive sponsor of Reality Check and the Truth In Media project.
In our last Dash Spotlight, we explained how the Dash Treasury funds projects like Reality Check and Truth In Media to support the growth of Dash use and facilitate innovation in various industries.
But how is the Dash Treasury funded, and who manages those funds?
It all starts with miners, or Dash nodes, and Dash masternodes.
Like other crypto miners, Dash nodes solve complex math problems using specialized computers. When a problem is solved, a new block is added to the blockchain and the miner is rewarded Dash Digital Cash.
What’s different about Dash compared to other cryptos is its two-tier network.
This is where Dash masternodes come into play. Masternodes enable financial privacy and the decentralized governance of the Dash budget.
So miners power the first tier and masternodes power the second tier. And for powering that second tier, masternodes are rewarded.
In the last episode, we explained the budget breakdown: with each new Dash mined, 45% of the reward goes to miners, 45% goes to masternodes, and 10% goes to the treasury. The treasury is what funds projects like Reality Check and Truth In Media.
Dash is the first-ever crypto to set up this type of two-tier system, making the features implemented by masternodes unique in the crypto world.
And that’s why the growth of Dash is so vital in decentralization.
Masternodes are focused on ensuring anonymous and instant transactions, but also governance through monthly budgeting and voting.
Want to become a Dash node or masternode? Check out Dash.org for more information.