Payment system news

Dash representatives: the asset is primarily focused on payments

Dash Core Group officials said DASH should be viewed primarily as a means of payment, rather than a privacy asset.

Fernando Gutierrez, head of marketing at Dash Core Group, told Cointelegraph that the advantages of using the tool are speed of operations, low cost, ease of use and protection of coin holders due to the additional privacy obtained through the operation of the PrivateSend mechanism. “The technology that Dash uses in our PrivateSend feature is CoinJoin, which is a method of complicating transactions to the point where it becomes more difficult for analytics firms to analyze them,” he explained.

Recall that the Dash cryptocurrency appeared in 2014 as a result of the BTC fork. This asset was originally called XCoin and positioned itself as a privacy-focused tool.

Рустам Алиев

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