The name Dash came from the phrase ‘digital cash' which explains the concept of this cryptocurrency — the protocol is made to be scalable, privacy-preserving, and suitable for day-to-day transactions. With Litecoin as a blueprint, Dash improved the UTXO protocol to include optional features such as InstantSend and PrivateSend. They are possible thanks to the multi-layer architecture of the Dash blockchain platform, and InstantSend and PrivateSend in particular are powered by masternodes. Masternodes are trusted nodes that dedicate significant resources to maintaining the network in return for increased network rewards: block rewards and transaction fees. 10% of the network rewards are distributed to the treasury, and every network participant can steer the governance by voting on which initiatives the community funds must go forward. The native Dash token is traded under the ticker DASH. Taking the treasury into account, the maximum supply of DASH is 18.9 million coins.