Dash is a cryptocurrency unlike most others. It is not a development platform nor is it like the early cryptocurrencies with their huge transaction fees, long transaction wait times, and volatility — Dash is oriented on a completely different level. Developers define Dash as a cryptocurrency analogue for electronic cash. They want Dash to be as liquid and as fast as the online fiat money that is primarily used now. Dash is a decentralized peer-to-peer electronic cash built on the core of Litecoin, which enables features like PrivateSend and InstantSend. Dash is decentralized in governance and founded through its own network via mining, which makes it autonomous and independent of any authority, except for its own users. The average block mining time is 2.5 minutes on the Dash Blockchain, making Dash significantly faster than Bitcoin.