Combining Speed and Anonymity With Dash
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Combining Speed and Anonymity With Dash

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Dash
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The Cryptocurrency market has been turbulent for the last 3 months, with several cryptocurrencies experiencing a high degree of volatility when it comes to price levels. Even the leaders, namely Bitcoin, Ethereum, and Ripple have not been spared from such sudden price movements. One such coin is Dash, which has been on the rise for quite some time now, consistently reaching the 10th rank consistently from last year. Dash has a supportive community behind it as well as a technically sound development team which has contributed to its overall stability.

A little About Dash

Dash, which was previously known as DarkCoin, was first introduced in 2014 as an open source peer-to-peer cryptocurrency. Its original aim was to address the many different problems plaguing Bitcoin at that time, including offering instantaneous transactions, private transactions, as well as operating on a self-governing and self-funding system. It has exceeded a lot of people’s expectations, amassing a market cap of $3,579,884,852, ranking at 12th as of 20/04/2018. Currently, it is valued at $446.35 USD and has been one of the most stable cryptocurrencies since its inception.

Dash: The investor’s Target

As mentioned above, Dash has a very dedicated community as well as very loyal investors who believe in the project’s use case and goals.  Indeed Dash has withstood the overall crypto-slump experienced earlier this year, with its price only marginally affected. In other words, Dash has been addressing the issues which plague some of the older altcoins, including speed.  Below are certain factors that have contributed to the relative stability of the coin, since its inception in 2014.

  • User Friendliness: The Dash team has always put emphasis on the usability of their technology, and hence established a global brand.  This is evidenced by the several name changes that the altcoin went through, including dropping names like “Xcoin” and “Darkcoin” Before settling on a band name with a universal appeal. The name Dash itself is derived by combining the words “Digital” and “Cash”. The crypto community welcomed Dash with open arms when it launched, as the only other competitor, Bitcoin was significantly slower.
  • Transaction Processing Speed: Dash always puts an increased emphasis on improving Bitcoin’s transaction speeds, by introducing their own transaction feature known as InstantSend. InstantSend allows real-time processing of transactions, closely backed by another feature known as PrivateSend. PrivateSend, on the other hand, provides complete anonymity based on blockchain standards.
  • Partnerships: Dash, along with other currencies like Ripple and Ethereum has extended their partnerships all around the world, with Dash teeing up globally with over 400 business entities worldwide. Dash is also working on newer ways for small to medium scale merchants to adopt the Cryptocurrency accordingly. A prime example would be Dash’s partnership with the Apple app store, where Dash can be used as a payment option.
  • Investor’s comfort Zone: One of the biggest reasons which contribute to Dash’s popularity would be the cheap transaction fees. As a result, Dash has experienced a higher degree of “hodling” among the general populous. Dash’s volume has been ever growing thanks to the increased number of investors over the years,

Final Thoughts

Dash is certainly one of the most stable cryptocurrencies that have existed since the beginning of the Cryptocurrency market. 2017 was the year of cryptocurrencies and Dash in particular, with Dash’s value increasing from $11.33 on 31st December 2016 to a high of $1,093.39 as of 1st January 2018.  With such a monumental rise in value, the prospects indeed look high for Dash’s future.

We will be updating our subscribers as soon as we know more. For the latest on cryptos, sign up for our Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Tonymadrid Photography™ via Flickr

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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore
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Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also…

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social
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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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