There is an ongoing embargo on cryptocurrency in Japan which has actually resulted in some altcoins being affected. When we look around today, the cryptocurrency space is receiving a different threat from government regulatory bodies and in most cases, Central banks. This has affected many a number of cryptocurrencies, even some top like Ethereum, Ripple […]
Payment-focused cryptocurrency Dash has been integrated into Texcent Asia’s mobile wallet app Paycent. The cryptocurrency is now available to Paycent users and the company’s network of 36 million merchants globally. Users and merchants can now buy, sell and convert Dash with other cryptocurrencies and national currencies, the company announced on Wednesday. In addition to conversion […]
The peer-to-peer cryptocurrency that focuses on the payments industry tagged “Digital Cash You Can Spend Anywhere” is taking lead with the introduction of three main improvements while it is yet to release the Deterministic Masternode Lists. The three proposed improvements according to a post it released on its medium page includes; DIP2 — Special Transactions DIP3 — Deterministic Masternode […]
A Japanese regulatory working group focussing on cryptocurrencies has suggested exchanges should not be “allowed” to trade certain altcoins including Dash and Monero. FSA Suggests Altcoin Squeeze As Forbes reports citing a meeting of the group, which consists of industry experts organized by Japan’s regulator the Financial Services Authority (FSA), the anonymity options such altcoins present could be grounds to banish them from the country’s burgeoning exchange sector. “It should be seriously discussed as to
CEO Money show has recently covered an interview with Ryan Taylor and Bradley Zastrow. Taylor explained the technology behind Dash and also discussed their new software called Evolution which is currently in the works. The show hosted by Linda Butcher and Todd Towan welcomes CEO of Dash, Ryan Taylor who is also a payments industry …
KuvaCash, a startup focused on addressing the current cash crisis in Zimbabwe, has announced that it has secured an ADLA money services license from the Reserve Bank of Zimbabwe (RBZ).
Dash powered KuvaCash gets license from Reserve Bank of Zimbabwe
What is the Dash?
Dash is a free, peer-to-peer and decentralized cryptocurrency such as bitcoin which offers the possibility of instant transactions and private transactions.
Dash was created by Evan DUFFIELD on January 18, 2014. DUFFIELD discovered bitcoin in 2010 and made it an obsession. In 2012, he begins to think about how to make bitcoin transactions anonymous. The result was a dozen ways to do it, but he soon realized that bitcoin developers would never agree to include his work. This is how he develops the darkcoin using an algorithm based on 11 sets of different hash functions. On March 25, 2015, darkcoin became Dash.
With the Dash, the identity of the users is hidden. In fact, users create secret addresses in such a way as to conduct transactions anonymously since they are the only ones to have information on their wallets. In addition all funds spend a pool and payments are made from this pool. As a result, payments can not be distinguished from user A to user B.
In conclusion, Dash makes it possible to send money in an instant manner with instantX and in all anonymity with darksend. You can send, for example 100 Dash to someone without anyone else knowing it in seconds.