While Bitcoin Argues, Dash Scales

While the Bitcoin wars are raging and the price is sky-high, Dash looks into the future by learning from the mistakes of others. Becoming mainstream and used worldwide is still the mission for Dash.

While Bitcoin might become so overpriced and precious that it would have to be kept in a vault, Dash still moves in to put digital cash in anyone’s pocket for everyday use. While the Bitcoin pre-split battles are raging, Dash is focusing on the future.

Craig Wright, the chief scientist of nChain, sees Dash as competing with Bitcoin Cash on providing a fast enough network for everyday transactions. Currently, he sees Bitcoin Cash winning. And the Bitcoin Cash community is making sincere efforts to popularize the coin and make it easier for businesses to accept and carry.

But Evan Duffield, founder of Dash, believes he has better answers by scaling sooner. Duffield wrote in a Medium blog:

“Because companies are interested in Dash now, we realize that we must begin scaling immediately. When the first version of Dash Evolution is released next year, we anticipate even greater interest and consequently must ensure that our network’s capacity increases rapidly. In order to fulfill our goals of scalability, Dash will begin supporting 2MB blocks beginning in Q4 of this year.”

Bitcoin Cash relies on larger block size to speed up transactions. But Dash has a two-tier system that allows un-mined and unverified transactions to still be trusted. And Dash has been around longer, and has added more than 400 businesses to its roster. In addition, Dash will soon be available through the Wirex debit cards, allowing even more spending flexibility.

Recently, Dash has added to a small, but useful service, making a link from SEPA transactions into the world of cryptocurrencies Piixpay is available for European customers and shows that indeed, Dash is competing to a degree with Bitcoin Cash.

The service allows users to fund their account through SEPA transactions and send Bitcoin, Bitcoin Cash, Litecoin and Dash to friends or family.

The only problem is, users would still have to know what a wallet address is and how to use it. Dash still has the advantage of being available through BitPanda, one of the most widely used European services. Currently, the DASH token has stabilized around $300, off the recent peak around $350.

RepairPal and Dash: A New Partnership to Make Driving Safer and Ownership Much More Transparent

We’re excited to announce a new partnership with Dash, the leading open connected car platform. By integrating RepairPal into Dash, drivers can quickly diagnose their vehicle’s ‘Check Engine Light’ code and connect with trusted, local shops through the RepairPal Certified network.

With personalized repair estimates and descriptions in plain English, drivers can have peace-of-mind when it comes to vehicle issues. Dash users will find it simpler than ever to quickly locate a mechanic from a base of over 2,000 RepairPal Certified shops across the U.S., knowing quality work will always be completed at a fair price.

dash gifA sneak preview of what the Dash + RepairPal experience will look like on the iPhone X

This new partnership enhances the existing functionality of Dash’s core product, which is on Androidand iOS and used by over 400,000 drivers. Through Dash, drivers can track their trips, hear real-time voice feedback, set maintenance notifications, find the cheapest gas nearby, as well as compete with friends and family on who is the “best” driver. Users can also set up remote driver safety alerts, as well as parental notifications for things like curfew and geo-location. Dash has just added a free DashCam option, allowing you to record a video of trip events, such as hard breaks or other sudden actions.

RepairPal is working to take the mystery out of car repair. Partnering with Dash, a company working to make driving smarter, safer, greener and more affordable for everyone, is another step forward for helping drivers across America.

dashrpcheckengine

Have any questions for us about this exciting announcement? Shoot over an email to community@repairpal.com.

Venezuela Becomes Fertile Climate For Digital Currency DASH

Venezuelan digital asset brokerage Cryptobuyer adds Dash to satisfy huge crypto demand

NEW YORK, NY – August 24, 2016 – Cryptobuyer, a Caracas, Venezuela-based cryptocurrency brokerage, today announced that Dash, a rapidly growing digital currency, has joined Bitcoin to its platform due to soaring demand. One of the world’s most actively traded cryptocurrencies, Dash is now available for purchase and sale through Cryptobuyer, and will be used as a payment network to benefit thousands of people suffering from Venezuela’s failing national economy. The new alliance enables Venezuelans, through a compliant brokerage, to use Dash and Bitcoin for remittances, everyday transactions, top up cell phones, recharge debit cards and make coin sales away from other currencies.

CEO of Cryptobuyer Jorge Farias said: “Cryptobuyer is a cryptocurrency and digital assets connector for companies and individuals that brings a range of services that will improve Venezuelans’ financial liberty. Our partnership with Dash is valuable, especially for customers using unstable fiat currencies, and the perfect example can be found in Venezuela right now. Alternatives for accessing money without traditional banks are gaining traction fast, and we are incredibly confident that Dash will flourish in this economy. From a phone credit recharge for a friend to the payment of credit cards and TV subscriptions, Cryptobuyer makes Bitcoin and Dash a reality in daily life and keeps offering incredible financial benefits without the need for a bank account.”

Venezuela is a country that has seen major cryptocurrency adoption in the wake of triple-digit inflation, capital controls, devaluation, and critical goods shortages. The national currency of Venezuela, the Bolivar, has dropped against the USD by nearly 40% in a year.

Dash VP of Business Development Daniel Diaz said: “With Venezuelans entrenched in political and economic turmoil, we simply wanted to give them another option to make life easier. Dash is stable, safe and holds its value extremely well. Cryptobuyer will help Dash take a step towards offering real services to regular people that are not just digital currency investors, so it really opens the door for us to fulfill our vision of making a tangible difference in places where digital currencies can help the most. Dash is proud to support pioneering, driven Venezuelans like the Cryptobuyer team who are making a difference through entrepreneurship and technology.”

Dash is a decentralized form of digital cash that can be spent online and at merchants and service providers worldwide. Dash is currently the 7th most valued cryptocurrency worldwide, with a market cap of nearly $90 million. Dash is managed by a self-funded, self-governed organization comprised of over 15,000 users, moving well over a million dollars worth of currency across the network every 24 hours.

For Latin Americans with no access to a phone or a computer, Dash and Bitcoin will be accessible through a local partner of Cryptobuyer, TigoCTM, who provide convenient Crypto Teller Machines allowing immediate cash transactions and a unique and innovative remittance corridor. Since founding earlier this year, Cryptobuyer has accrued thousands of users in Venezuela, Brazil, Panama, Chile and Colombia.

Cryptobuyer’s Legal Director & COO Mariana León Mármol added: “Cryptobuyer is the first platform in Venezuela that currently operates while fulfilling all KYC, AML and taxation obligations. It is a fundamental element of our services to preserve the origin of funds for investors, credit card users and remittance clients.”

Services like Western Union and Moneygram closed operations in Venezuela due to the exchange control regime enacted in 2005, leaving a huge necessity related to remittance and payments in foreign currencies unattended. Cryptobuyer today offers a solution using intellectual property assets to transfer value that can effectively serve such needs within the Venezuelan legal framework.

Dash News Weekly Recap E11 –

P2P Trading, International Outreach, Global Adoption & More! Oct 16, 2017

 

Dash Price Briefly Surpasses $400

Dash Price Briefly Surpasses $400 as Momentum Continues to Grow

The Dash price continues to soar to new heights after bullish momentum started taking shape a few days ago. More often than not, altcoin markets tend to decline in value after their initial upward momentum runs out of steam. That is not the case where Dash is concerned, as the price keeps reaching one all-time high after another. Right now, the price of one Dash is US$391.61 and it appears reaching US$400 is only a matter of time. Holders of this altcoin will be more than happy to see their patience rewarded in such a manner.

DASH PRICE BATTLES FOR $400 AND MORE

The past 24 hours have been incredibly rewarding for everyone who holds Dash as part of their cryptocurrency portfolio. Not only did the altcoin appreciate in value against the U.S. dollar, but it also pushed back against the growing Bitcoin price. More specifically, Dash went from 0.074 BTC to 0.09 BTC over the weekend, which is a significant increase, to say the least. Given the recent slew of good news the Dash community has received, this price increase was to be expected.

Just yesterday, we reported that the Dash price had been hovering around the US$350 mark. Considering how the value per coin was a lot lower earlier in the year, that growth alone was considered quite substantial. However, less than 24 hours later, the Dash price has reached US$394.88, which is another 15.19% increase compared to its previous value. At one point, there was a new all-time high for Dash above the US$400 mark, as the price touched US$406.98 for a brief moment. This battle for control of the US$400 price mark will continue for quite some time to come, though, as there is a lot of profit-taking right now.

top dash brokers

The vast majority of Dash trading volume still originates from the Korean Bithumb exchange. With US$166.2 million in 24-hour trading volume, Bithumb is certainly showing bullish momentum for Dash. Other exchanges are well behind, as the second-ranked Poloniex exchange only contributes US$34 million in volume. Without the Korean exchange, this Dash price movement probably wouldn’t be taking place right now, although it is hard to tell why Korea is showing such a sudden interest in this particular currency right now.

With both Monero and Dash noting major value gains over the past week, it’s evident cryptocurrency users are flocking to solutions which provide more anonymity and privacy. Although Bitcoin will not be dethroned as the leading cryptocurrency anytime soon, the currency is not without its flaws either. More specifically, Bitcoin offers no privacy or anonymity whatsoever, which is quite problematic depending on what type of user one is. Additionally, with the most popular mixing service recently shutting down, looking at Dash and Monero makes a lot of sense.

A lot of people are wondering whether or not the Dash price can keep rising over the next few days. It is certainly true the bullish momentum is still intact as we speak. However, everything that goes up in value must eventually come down. With the Bitcoin price remaining relatively stable at the $4,325 mark, there is plenty of room for growth in specific altcoins right now. At the same time, one has to keep in mind cryptocurrency markets don’t take tremendous amounts of volume to cause big waves. There are still a lot of early Dash investors who will be looking to take big profits around the US$400 mark.

That being said, one can’t deny Dash has been one of the more successful cryptocurrencies of 2017. It isn’t the only currency worth keeping an eye on by any means, but the alt coin is certainly cementing its position in the top 10 right now. Dash still only has a US$3 billion market cap as well, compared to Bitcoin’s US$72 billion. Bridging this gap will be quite difficult, though, as the adoption rates of currencies such as Dash is far removed from that of Bitcoin. Then again, competition in the cryptocurrency space can only lead to better results for all currencies involved.

Copy Fund Dash and Other cryptocurrencies for the New way of Investing.