This week was another fabulous week for Dash with some fantastic news developments! Continue reading to get a summary of the week!
Dash additions of the week:
- The big chain of the Venezuelan department store adopts Dash: TRAKI has been active for over 30 years and operates 49 branches in many cities in Venezuela that sell items ranging from fashion to food and cookware. A redditor has recently made a purchase of Bitcoin and has shown that the store also accepts Dash, Bitcoin Cash, Ethereum and Litecoin. This move joins Tu Pana Charcuter, a Venezuelan online grocery store, and over 2,200 other traders fleeing Venezuelan inflation by accepting Dash.
- Panda Exchange integrates Dash, adds Fiat Liquidity: Panda will offer Dash-fiat pairs with the euro and the US dollar for users in the European and Panamanian markets and will add Dash-crypto pairs with Bitcoin, Bitcoin Cash, DAI and TrueUSD for other verified users. Panda Exchange will also use Dash InstantSend, which is not all exchanges that are used by Dash, but will soon become the norm with Automatic InstantSend in the 0.13.0 update. Integration adds to Dash's effort to increase liquidity so that consumers and merchants can more easily buy Dash and help stabilize price movements.
Dash developments of the week:
- Spark, a Dash Point-of-Sales app, Wins Startup Challenge: Spark, which had previously received funding from Dash's DAO Treasury and DashBoost, received $ 5,000 USD, co-working space and assistance legal after winning a start-up challenge between 40-50 competitors. Spark also recently integrated CoinText to expand Spark's offering including SMS payments and services to people who do not have / want to use smartphone wallets. Spark allows more merchants to accept Dash through a simple interface and shows that a meaningful project can seek funding through alternative methods other than the DAO Treasury Dash.
- Mega Dash Raffle goes live to boost Dash funding: Mega Dash Raffle (MDR) has developed a lottery / lottery system to encourage Dash users to donate to Dash projects seeking funding. For each draw, 50% go to the project / lottery owner, 40% go to a randomly selected winner, and 10% go to MDR for operating costs. To customize the platform and host various types of proposals, MDR will present three different lotter classes that will be run for different time periods with different ticket prices. MDR and other sources of funding help to integrate the DAO Treasury during pressure on exchange prices and also show that not all projects have to obtain funding from the DAO Treasury to be functional.
Safety news of the week:
- Security Compromises Reminds Dash users to remain vigilant: a recent judicial trial has filed a plaintiff stating that a defendant has stolen more than $ 1 million dollars from his online cryptocurrency account using a technique called SIM exchange. The process requires that the hacker uses stolen data, such as a birthday or social security number, to allow a cell phone company to pass the phone number from the legitimate owner's device to the hacker device. This then allows the hacker to pass the two-factor authentication used in online exchanges and portfolios. Dash has projects like MyDashWallet and, soon, Evolution, which aim to make safe security easy to practice, so consumers are not limited to online exchanges because of their simplicity, but lack of security.
- The loss of Amazon customer data shows the need for better privacy: Amazon revealed that due to a "technical error" the names and e-mails of customers had been revealed temporarily. Amazon claims to have solved the problem, but has released little information about the infringement and how it was caused, which created the fear of other information such as leaked payment details. This follows a trend of big business names like Equifax, Venmo, Google and MasterCard that do not take precautions to hide consumer data. Cryptocurrency offers privacy by keeping the addresses separate from the identities of the real world, however, even these have recently been attacked. Dash offers additional privacy options by further obscuring addresses with PrivateSend, but still keeping all transactions on the blockchain.
General news of the week:
- HandCash goes to Bitcoin SV, shows the importance of ease of use: while the hashwar between Bitcoin ABC and Bitcoin SV is not finished yet, the username-based portfolio has chosen to remain exclusively with the chain Bitcoin SV. In the announcement, HandCash said that nChain, a leading supporter of Bitcoin SV, has a patented technology that HandCash uses or intends to use and does not want to lose access to technology. The problem draws attention to Dash's Evolution, which will enable usernames, contact lists and DApps, but on the blockchain to eliminate the risk of censorship or influence by third party actors.
- Dash Mining's competition overheats as new hardware is released: the bear market is causing the closure of many small and medium-sized miners, which causes concerns about hashrs protecting the network. However, new and more efficient mining equipment continues to be released, demonstrating investor confidence in the sector. In addition, Dash's hashrate remained close to all historical highs, while other hashrates declined, which also demonstrates the confidence of miners and investors in Dash's returns and long-term performance. However, as the hashrate decreases with exchange prices, it also offers opportunities for new parties to enter the mining sector.
- Cryptocurrency beats gold in Ron Paul's new poll: a poll of the famous freedom and sound money advocate on Twitter asked respondents how they would invest $ 10,000 USD if they could not touch it for 10 years. Over 94,000 people responded and 50% said Bitcoin compared to only 37% who preferred gold. This marks a change in sentiment since Ron Paul conquered many of his followers in his presidential race in the United States of 2008 and 2012, which was before Bitcoin was widely known and many of his followers were bedbugs of gold and d & # 39; silver. During these periods of artificially low interest rates, Dash offers individuals an annual yield of 6.7% in return for help to protect the network.
Dash average of the week:
- Crypto Show Apparitions at the World Crypto With: Joël Valenzuela made a couple of appearances in The Crypto Show as a guest replacement for Chuck Williams. Have a look at Joël to chat with Samir Bandali, PR and CoinPayments partnership manager, and Paul Puey, CEO of Edge.
- Dash Force Podcast with Spark Developer, Kodaxx: This week the guys chat with Kodaxx, the creator of Spark, the Dash point of sales solution. He discussed his stages of development, the problems solved and how he made Spark a reality with a reduced budget. Be sure to tune in because you do not want to lose all the precious information!
Dashgiving has given the community much to be grateful despite the fall in exchange prices with additions, developments and fantastic announcements! Stay tuned to our site and social networks to see all the upcoming Dash News! We hope our content and coverage has been very educated and entertaining this week and we can not wait to see what incredible Dash News awaits us next week!