It was rebranded from “Darkcoin” to “Dash” on March 25, 2015, a bitcoin captcha work of “Digital Cash. Dash operates a decentralized governance and budgeting system, making it the first decentralized autonomous organization.
Dash uses a chained hashing algorithm called X11 for the proof-of-work. Instead of using the SHA-256 or scrypt it uses 11 rounds of different hashing functions. What is a Dash Faucet? A Dash Faucet is a website that dispenses dashies to visitors in exchange for completing a captcha.