Analysis
Privacy coins are on a tear this week, with Zcash flipping Monero for the largest privacy coin.
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Dash News
Dash advertises itself as a crypto asset boasting low-cost, speedy transactions. The asset has a feature called InstantSend.
The Dash cryptocurrency also hosts features that allow for optional added anonymity. Created as a fork of Litecoin (LTC), Dash started out under the name XCoin and was launched by Evan Duffield in 2014. The asset later dawned the name Darkcoin, before a final name change ushered in the name Dash.
The Dash coin operates on a proof-of-stake blockchain with masternode capabilities. The asset has an optional feature called PrivateSend, which offers users added anonymity through a built-in function based on a method called CoinJoin. Essentially, CoinJoin groups transactions together, reducing clarity around related asset transaction details.
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Privacy coins surge 80% as Zcash and Dash hit multi-year highs, driven by rotation, halving hype and renewed demand for transaction privacy.
2501 - Altcoin Watch
Dash’s setup mirrors Zcash’s pre-breakout phase, hinting at a possible 400% rally if it breaks above a multiyear technical resistance zone.
3009 - News
Crypto investors are rediscovering the importance of financial privacy, as privacy-preserving cryptocurrencies outperform a broader crypto market slump.
4619 - Altcoin Watch
Zcash and Dash prices could make an XRP-style comeback as the privacy coin narrative is helping these older “dinosaur” coins break multi-year downtrends.
3102 - News
Several solutions have been proposed to bolster Monero’s proof-of-work consensus mechanism to prevent 51% attacks on the network.
22390 - News
Oregon Attorney General Dan Rayfield sued Coinbase, alleging it offered XRP and 30 other crypto tokens as unregistered securities in violation of state law.
11365 - News
The v19 hard fork didn’t go as planned for the privacy coin, but a fix has been released; v18 had experienced a few kinks, too.
11467 - News
The exchange cited its own token management policy and compliance efforts as primary reasons for delisting seven privacy coins.
7223 - Research
Are investors piling into Dash in anticipation of the mainnet launch of Dash Platform, expected in 2022?
6342 - Analysis
Many privacy coin developers are convinced that all the necessary mechanisms to regulate AECs are already in place.
12282 - News
“We must advance in these new economic and technological systems to be accessible,” Maiquetia airport director said.
8525 - News
The app allows consumers to pay with Dash at over 155,000 in-store locations and 125 online retailers across the United States.
5649 - Research
While some have doubts when it comes to cryptocurrencies as a form of payment, this survey of active users indicates that they are genuinely impactful reasons for switching to crypto.
3638 - News
Dash is set to release its Ethereum decentralized finance bridge after months of testing.
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