The Dash blockchain works just the same as other cryptocurrency blockchains do. Transactions are recorded in blocks and added to the chain, with the whole thing acting as a decentralized public ledger. But unlike many other cryptocurrencies Dash also allows members to govern the management and expansion of the project itself as well. The master node in the blockchain can cast one vote, and other individuals can raise proposals for funding according to this formula:
(Positive votes) minus (negative votes) is equal to or greater than (total number of Master nodes present in the system) x 0.1
If a greater number of proposals exist which meet this criterion, the funding for that month’s budget is approved and projects with the highest approval rating are funded. All successful proposals are recorded in the blockchain so they can be executed. This ensures that each proposal is adopted and permanently recorded in the Dash blockchain. In this way, the Dash blockchain records its own evolution and does so in a very democratic and open manner.
