DashDash DASH news

Open-source P2P cryptocurrency and a decentralized autonomous organization
Price, 24h
159.42 USD / 0.02002000
3.27% / 1.57%
Volume, 24h
153,500,608 USD
1,384,363,158 / 0.55%
Chart price/vol/NIS 7d
Asset details

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Dash To Pull Another Surprise Rally following its Massive Adoption in the USA and Latin America

Dash, a cryptocurrency with half the available supply of Bitcoin and well recognized in the “anonymous family” is set to pull another surprise following its recent development in the USA and Latin America. This digital asset swerved a lot of investors to trade above $1500 when all eyes were set on Bitcoin in the previous market bull run. The digital asset crashed back to as a low as $70 before rising back into the triple digits. The Massive Adoption in Latin America According to Discover Dash, Latin America alone has over 60% of the total merchant listings in the world. The figures have improved tremendously indicating how the popularity of the digital asset in Venezuela is having a spread over effect on the rest of the countries. Venezuela alone boasts of 2600 of the total merchants of near 5000 across the globe. Columbia is another Latin American country that has improved in merchant listings to absorb the rise in demand of the digital asset for day to day activities with a total of 327. The United States of America currently has over 600 merchant listings and they seem to be at a fair speed to catch up with Latin America. The popularity of Dash in recent times also reflected in the daily transaction rate as it recorded a higher daily transaction of 64.5% ahead of Bitcoin Cash between 28 November 2018 to 28 January 2019 according to Dashnews. Back to its wave-making in Latin America, Dash has partnered with a Venezuelan Department Store “Traki” and has also paired with one of the popular and largest Latin America Cryptocurrency exchange “Crypto Buyer” as it seeks to provide a transaction free service for its customers. Dash and Bitcoin are the leading digital assets that have been listed to lead the effort to solve the problem of inflation that has eaten into the country’s economy. The coordinator of Dash Colombia and Dash Latam, George Donnelly said that Dash would possibly be in almost all the Latin American Countries in the next five years. According to him, Latin Americans love to be in control of their money, and since Banks in the region are not user-friendly, users will troop in for Dash since it’s mobile and user-friendly. This development means a lot to the price of the cryptocurrency. Dash is currently on a positive run and with this positive adoption rate, the digital asset is set to make another surprising price surge. The post Dash To Pull Another Surprise Rally following its Massive Adoption in the USA and Latin America appeared first on ZyCrypto.

DASH Price Prediction Today: Daily (DASH) Value Forecast – May 24

From the price action, the DASH coin is below the EMAs which indicate that price is likely to fall. On the downside, if the 0.382 Fib. retracement level holds the market will resume its downward fall. The DASH coin is likely to fall to either $130 or $140 price level. DASH/USD Medium-term Trend: Bearish Resistance […]
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New Update Will Make Dash Immune To 51 Percent Attacks

Hackers are still one of the biggest threats to Proof-of-Work networks. In the past year, digital thieves have used rented hash power to stage successful attacks on Vertcoin, Verge , Bitcoin Gold, Ethereum Classic, and several other cryptocurrencies, most of which have never recovered. That’s no longer a worry for the Dash network. In an update released yesterday, Dash Core Group released the binaries for Version 0.14, which will make the fourteenth-most valuable blockchain network nearly immune to double spending attacks. The update will go into effect once 80% of the network has upgraded, within a 4032-block window. The next such window will begin this weekend.  In a blog post, Dash Core described v. 0.14 as “a major step towards making Dash the most user-friendly blockchain-based payment system in the world.” Long Living….What? Most blockchain networks, like Bitcoin, follow a “longest-chain” rule: if there are two competing versions of the ledger, consensus defaults to the one with the most entries. An attacker with enough mining power could create a second version of the ledger, thereby reversing transaction that have already been made. Dash’s enhanced protection comes from the addition of ChainLocks, an additional security feature to validate events and transactions on the network. In addition to the usual requirements of Proof-of-work consensus mining, valid blocks will also require signatures from the majority of a randomly pre-selected, “Long Living Quorum of Masternodes.” That means a successful double-spend attack would require not only a majority of the Dash network’s total hashing power, but also a supermajority of its 4,911 Masternodes. With a current valuation of $150,000 each at the time of writing, a successful network would cost hundreds of millions of U.S. dollars—far more than any potential returns. Instant InstantSend The new update also comes with other new capabilites. Another new addition is “LLMQ-based InstantSend,” allowing users to spend Dash as easily, and as quickly, as a credit card transaction. Transaction delays were a fact of life on Proof-of-Work blockchains, in which most transactions are only considered irreversible after six blocks. For Bitcoin transactions, that meant waiting one hour before a  transaction could be considered final. Instant transactions were previously available, but the new update eliminates those delays by default. Once a valid transaction is published, it is immediately signed by a Quorum of Masternodes, thereby guaranteeing its validity until it can be included in a block. Although Dash is not the first blockchain to launch instant transactions, it is unique in maintaining the security features of Proof-of-Work mining.  “Other networks that have managed to reduce wait times have typically done so at the cost of network security by overly centralizing the authority over which transactions go through and which don’t,” wrote Dash Product Manager Elizabeth Robuck, in the blog post. “Dash, on the other hand, will provide users with the real-time payments they expect at an extremely high level of security.” “This release has been a major moment on our calendars for quite some time,” said Ryan Taylor, CEO of Dash Core Group. “Our goal for Dash Evolution has always been for it to make Dash the most user-friendly blockchain-based payment system in the world, and the release of Version 0.14.0 is a significant leap forward in that endeavor.” The post New Update Will Make Dash Immune To 51 Percent Attacks appeared first on Crypto Briefing.

DASH Launches its Most Significant Upgrade to Date. See What’s New

After several months of development, DASH announced the release of Dash Core v0.14, an update that promises to increase the security (51% attack resistance) and efficiency (instasend) of this blockchain, making it even more popular among crypto users. Ryan Taylor, Dash Core CEO This, in turn, is an advance over the long-term project known as Dash Evolution, a platform that aims to make the blockchain a faster and safer option than any fiat alternative currently available. “The Dash Project has always been focused on making cryptocurrency accessible to everyone regardless of technical expertise. The Evolution platform is going to make that vision a reality, delivering decentralized, PayPal-like experience to users that is necessary for mass adoption and becoming relevant to people in their daily lives” said Dash Core Group CEO Ryan Taylor What’s New? Version 0.14 of Dash Core introduces 3 fundamental improvements according to an article published by the Dash team in their official blog: Long-Living Masternode Quorums (“LLMQs”), which will increase scalability through improved consensus and expand the universe of potential use cases of the network;LLMQ-Based ChainLocks, which leverage LLMQs to improve network security by mitigating 51% mining attacks; andLLMQ-Based InstantSend, using LLMQs to not only improve network scalability but in combination with ChainLocks will allow for secure, real-time payments. The previous updateintroduced other important changes such as automatic InstaSend, a deterministic masternode list, Special Transactions and improvements on private txs, options to speed the mining process and an additional denomination of 0.001 units. Dash Achieves a Milestone in the Industry The advances of Dash and the interaction of developers, masternode owners, and community, have allowed the blockchain to grow beyond the speculative aspect. Its presence in certain countries is very important (e.g. Venezuela, where it is one of the most widely adopted cryptos, easily surpassing others with larger marketcap) and it is widely accepted by merchants around the world. Ryan Taylor is confident that he has achieved a milestone not only in the history of this project but in the history of all the tokens with PoW algorithms. From his point of view, now Dash is not only practically invulnerable to a hypothetical 51% attack but they can diversify their use cases: “The release of Version 0.14.0 is a significant leap forward … In addition to bolstering our network security via ChainLocks -making our network the first Proof of Work blockchain to essentially eliminate the threat of a 51% attack- the official introduction of LLMQs opens up a whole new world of potential use ca The post DASH Launches its Most Significant Upgrade to Date. See What’s New appeared first on Ethereum World News.
Ethereum World News

Dash Upgrades Mainnet To Prevent 51 Percent Attacks

The upgrade to Dash's network will create 240 elected "masternodes" that will work to monitor and verify transactions, meaning the blockchain is no longer reliant on miners to confirm transactions.
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Binance Launches Testnet of Decentralized Exchange

The world’s largest cryptocurrency exchange, Binance announced the launch of Binance DEX testnet. Binance DEX is said to be secure and scalable – with a block interval of one second. User account registration is now open. Testnet went live on Wednesday morning, 20 February 2019

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The cryptocurrency market has been anything but stable in recent days. But we, the Finrazor team, do not let the spikes and free falls distract us from work. For the past few weeks, we’ve been preparing a series of educational beginner-friendly articles about some of the more established as well as newer technologies

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Cardano claims to be a third-generation cryptocurrency that seeks to provide a scalable, interoperable and sustainable ecosystem with a two-layer architecture using a peer review-based approach to development

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Dash aims to be an on-chain scaling and private digital cryptocurrency. Powered by a two-tier network, Dash boasts functionalities such as PrivateSend and InstantSend as well a decentralized governance model called Decentralized Governance by Blockchain

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Minor and major recent milestones in Top-50 coins and tokens, except for meetups and hackatons.

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Casper code release, EOS launches Space Invaders, Bill Gates against BTC, Palihapitiya defends BTC, McAfee's prediction, Fundstrat's prediction, Novogratz partners with Bloomberg, Kohn's opinion, ETH image, Vitalik Buterin about privacy, SEC about understanding crypto, NYSE launches BTC trading desk, Telegram Passport test, Nvidia's revenue, blockchain development in China

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Mike Novogratz: Facebook’s GlobalCoin Won’t Rival Bitcoin

Coinspeaker Mike Novogratz: Facebook’s GlobalCoin Won’t Rival BitcoinMajor Bitcoin bull and former Wall Street exec Mike Novogratz recently discussed the current state of the cryptocurrency industry. The Galaxy Digital CEO explained why he thinks the crypto winter is finally over and why ‘Facebook Coin’ won’t rival Bitcoin.During his interview, Novogratz reminded that everyone had their own version of Bitcoin and the supply exponentially grew. Bitcoin, he thinks, had really established itself as a store value. He said:“This is hard to do because there is just one more stored value of this kind. It’s gold. It is hard to be worth something just because it’s worth something. Almost everything else is different. For example, Uber shares are worth something because people are using it. What Bitcoin has done is a unique thing.”He also referred to Bitcoin’s intrinsic value saying:“You can take all the gold in history that has been mined and put it in three Olympic swimming pools and it’s worth $8,5 trillions. Why? Because it sits in the vaults.”Novogratz went to mention that retailers are buying Bitcoin but also the institutions are moving in. There are Yale, Harvard and Stanford endowments.Microsoft Wanting to Link with Bitcoin Blockchain is a Big ThingThe CEO claims the original Bitcoin boom witnessed around 2016-2017 was influenced by the retail-driven investments by around 98%. This means more companies were buying cryptocurrency at a time when it looked like the future of finance. The recent developments in the crypto world are also affected by ‘credentialing’ according to the CEO especially with the recent move by Microsoft in the industry.“Also, there is Microsoft, one of the biggest companies in the world that says they want to do identify solution by linking it to the Bitcoin blockchain. Now this is big.”Microsoft recently announced their initiation of an identity solution to add to the Bitcoin blockchain. As more investments crowd Bitcoin, its value soars higher as witnessed in the recent spike. Microsoft is not the only big organization enabling the ‘credentialization’ of Bitcoin. Not long ago, Facebook lifted all the bans it had imposed on cryptocurrency and any blockchain-related advertisements.He also mentioned Facebook coin saying that it is really important for the ecosystem.“Crypto is going to be part of Facebook’s future. However, this coin will be listed to some stable currency and will be used for payyments. Bitcoin on the other hand is not going to be the payment currency – it will be stored vault, just like gold. If you really think bitcoin is gonna win this store of value, everything else needs to be used for something.”GlobalCoin Isn’t a Threat to BitcoinAs we’ve already wrote, Facebook’s GlobalCoin will probably be established as a stablecoin, pegged to the dollar or local currencies in the countries that will be allowed to use it. It is also likely to run on a private, centralized blockchain, owned and controlled by the company. Based on this fact, it can not be perceived as a direct competition to Bitcoin or other peer to peer decentralized digital currencies.Other coins that piqued Novogratz’s interest include Ethereum and EOS. These projects have to encourage developers to build on top of their platforms. Just few days ago he was comparing various cryptocurrencies with chemical elements in the periodic table. He then considered the role of altcoins, hinting that each coin will have “to prove themselves out” in order to provide a certain use case.On this note, Novogratz argued out that “there’s no one building anything on the Litecoin blockchain,” as opposed to the Ethereum blockchain.Recently, Novogratz made yet another Bitcoin prediction, claiming that the major cryptocurrency will beat its all-time-high record of $20,000 within the next 18 months.Mike Novogratz: Facebook’s GlobalCoin Won’t Rival Bitcoin

Binance Exchange soon To Roll Margin Trading Service For the First Time

An official blog released by Binance exchange confirms the launch of Margin trading service. However, earlier on May 24, 2019, Binance tweeted two screenshots, seeking user’s suggestion on which layout would they be preferred, a white background one and the black background. It was first noticed on Binance’s Twitter handle when a tweet was posted with two different colors included with the tab of Margin. Nonetheless, it was to create the buzz of its upcoming feature but according to TechCrunch, it has already been tested among a few users. As the testing has already been undergone, it is worth to predict that the margin trading option will go live anytime soon. By usage, Margin trading is an option that enables traders to boost up their buying power by using their balances as collateral. However, it wasn’t available at Binance exchange even the binance itself as the largest exchange as well as  the margin trading option carries potential profit margin. It is the first of its kind of Binance to launch margin trading service whereas the other trading platforms including BitMex, Huobi Pro, Poloniex, Coinbaes’s GDAX and Kraken are already serving this service to their customers. Also Read – Binance’s BNB Token Jumps 12% to Hit $34 Following Margin Trade Interface Tease At the moment, Binance is the second largest cryptocurrency exchange in terms of adjusted volume of the last 24 hours. It presently counts the volume of $2,088,850,554. Nonetheless, its native token, Binance Coin (BNB) is soaring a new peak of $33.87 against US Dollar. According to data provided by Coinmarketcap (CMC), BNB is surging with 6.42 percent over the past 24 hours and presently valuing the average trading volume of $4,781,168,385. Image source – Coinmarketcap What’s your take on BNB’s soaring value.? Do you think it will jump higher citing margin trading option by Binance exchange.? Let us know in the comment below Image source – Techcrunch The post Binance Exchange soon To Roll Margin Trading Service For the First Time appeared first on Coingape.

Is Facebook Launching its GlobalCoin Cryptocurrency Next Year? BBC Says Yes

There’s been a lot of information circulating that Facebook is moving into the crypto market. And while some of this information is outright false, other bits are true — at least, that’s what the sources say. Take today, for example. On Friday, BBC said Facebook (NASDAQ:FB) is going to roll out GlobalCoin next year in several countries. Here’s everything we know. Facebook’s GlobalCoin Hitting the Market Soon? According to BBC, a London, UK-based broadcasting company, Facebook is planning to roll out its cryptocurrency “GlobalCoin” in 2020. The online media giant, according to the BBC ... ﾿ Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
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Facebook’s GlobalCoin Allegedly to be introduced in 2020

The post Facebook’s GlobalCoin Allegedly to be introduced in 2020 written by Wieke Beenen appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics According to a report by the BBC, Facebook has serious plans introduce its own crypto currency. The facebook coin, internally referred to as ‘GlobalCoin’ will be introduced in multiple countries in the first quarter of 2020, after extensive testing at the end of this year. The new stablecoin which has been rumored about for a […] The post Facebook’s GlobalCoin Allegedly to be introduced in 2020 written by Wieke Beenen appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics
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