website says more than 8220 everyday but I would like to know an updated figure
The Dash Platform has not yet been released. Do you mean just the Dash blockchain?
i mean to ask for the payments business. how many transactions take place everyday for paying for goods and services.
https://blockchair.com/dash/charts/transaction-count Here is the total number of transactions. But it is impossible to know exactly how many transactions take place every day when paying for goods and services.
what other transaction other than payments happen? dash blockchain is used for payments and what else?
I can just transfer money to a friend and so on, it's not the fact of buying something. That's what I mean.
oh ok so other than payments what else is dash blockchain used for?
At the moment, the Dash Chain is primarily for payment, there are no other such uses. But with the release of the Dash Platform, additional features will appear, but they are not exactly in the L1 payment Dash Chain.
so how much revenue does dash business generate for itself? is it profitable?
Please clarify the question
is DASH as a business profitable? how much revenues is the team able to generate from its business activities?
The teams that develop Dash and the ecosystem are funded as part of the Dash DAO treasury. Commissions on the network are low, so there is no strong self-sufficiency yet.
Dash is mined like btc and Ltc?
In general terms, yes
So does dash go through halving like btc
ok so how much funds does the team have to support its expenses? when does the team expect to start generating sizable revenue?
Halving is not the correct term, Dash is different, the reward decreases by ~7.14% every year.
About 9,000 Dash is the current monthly Dash budget that can be allocated to teams or project that improve Dash or the Dash ecosystem itself How can a development team generate revenue? What exactly do you mean by this, can you give examples?
like when goods or services are rendered a business keeps its own margin so as to generate a profit. so in this case some sort of a commission that DASH keeps when people transact or some subscription fee or any other source of income.
Do I needed good internet connection to mine dash?
Probably yes, but I'm not very familiar with mining.
At the moment, the major development teams don't have that, but in general, there's nothing stopping you from creating such a team, and offering the Dash ecosystem a good product and generating revenue from it. It's even cooler)
Ideally, there should still be a working business, with optional funding from the Dash DAO to make it easier to make a product useful to Dash.
I think you need to be more clear what Dash is. Are you familiar with Bitcoin? Do you understand the basic concept of it? Dash is a fork of Bitcoin, launched almost to the day 10 years ago, and shares many of Bitcoin's charcteristics.
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