In 2014, Darkcoin was renamed to Dash, which stands for digital cash. It is a kind of basic bitcoin, but with a blockchain where semi-anonymous transactions are possible. The focus is not fully on anonymity, but more on replacing the current currencies through decentralization, like bitcoin, but faster, cheaper and more effective. Transactions are sent and processed immediately.
As bitcoin is accepted in some restaurants and retail outlets, Dash is also accepted as a means of payment. To make it more accessible and approachable in Europe, a physical office called Dash Embassy D-A-CH, is settled in Lübeck, Germany.
