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.
The stablecoin market is quietly evolving, as a new report indicates that Circle’s USDC leads…
Cardano (ADA) could be gearing up for an explosive comeback as a potentially bullish cup-and-handle…
New Bitcoin whales now control one-third (33%) of the BTC realized market capitalization held by…
Bloomberg commodity strategist Mike McGlone reiterated his prediction that Bitcoin (BTC) could fall to $10,000, calling the…
France has emerged as a major hotspot for violent crypto-related crime, with authorities recording 90…
Stellar (XLM) may be gearing up for a major rally, as its post-breakout price structure…