Greetings to all, Dear Friends!
This is seven-day coverage of news on Dash cryptocurrency.
And here’s your newswoman – Julin GYS, creator of the channel WORLD of INTERNET BUSINESS. The price of Dash for the past week attained the minimum of $ 590.01 and the maximum of $ 815.00
Dash has briefly crested a $6 billion market cap. Dash Price rose from $560 to the $630 over the weekend. On Wednesday, however, the price took a significant increase, rising to an all-time high of $815. Included in the price increase is the potential for funding projects in Dash’s ecosystem. At present valuation, Dash’s treasury, accounting for 10% of the monthly block reward, approximates $4.8 million in value.
This autumn, a potential vulnerability with Dash’s InstantSend function was discovered that could in theory allow an attacker to initiate double-spends on the network. The Core team quickly shut off the InstantSend spork until the vulnerability could be fixed in the 12.2 update. Now the InstantSend function is available again. The re-enabling of this function is one of the key improvements made possible by the 12.2 update.
The network of Italian restaurants PESTO CAFÉ in Ukraine began to accept cryptocurrencies as a way of payment. The service is already available in nine establishments, as well as in the family restaurant Mister Twister. Visitors can use bitcoin, Litecoin, Dash, and Waves.
Shortly before the New Year in Kiev, the world cryptocurrency capital, a unique event of a new format will take place. This is the first award ceremony in the field of Cryptoсurrency and Blockchain projects where the guests of the event are the first to know the names of winners in an open independent vote built on the technology of Blockchain.
You can vote for DASH and ALEKS GUSEV (ALEX_RU) by following the link in description. Please, spread this information among all involved and concerned. This year DASH and Alex have been trying to please us with their achievements and results. Please note that your vote will only be recorded after confirmation by email.
November 29 in Vitebsk, in the restaurant "Zhuravinka" an unusual game was conducted. Dash cryptocurrency took part in that game as a partner. The game consisted of several tours, one of which - additional - was devoted to cryptocurrency. The game went in the form of questions and answers. In total, there were asked ten questions on the cryptocurrency. The questions were not easy, some of them contained names, surnames and dates. The winners received sweet prizes, which were presented by Oleg Karimov, the representative of Dash community in Belarus. By the way, the audience could also ask Oleg questions of interest about cryptocurrency.
Dash is expected to have a brighter future. That's what Fernando Gutierrez, Dash Team specialist, thinks. Gutierrez has been involved with Dash for three years. Gutierrez argues that while the hard fork naturally impacting the markets, the surge in price for Dash was inexorable. Dash has drawn a lesson from the crisis – it has already increased its blocksize to that of 2Mgs and promised faster, cheaper transactions as a result. Gutierrez's arguments about the reasons for the high value of Dash carry conviction. He believes that Dash’s appreciation of value is less to do with the cancellation of the hard fork and more to do with their concerted development.
Dash’s founder quipped that the coin “can afford” a Super Bowl advertisement, highlighting the power of Dash’s treasury. Evan Duffield, head of Dash Labs and Dash’s founder, was quick to leave a comment, pointing out that, thanks to the treasury system, Dash already had enough funding to afford such an advertisement. Dash’s treasury system is a powerful funding mechanism. The Dash network is growing in size and strength. For November’s cycle Dash could afford to fund eight projects of similar size, to say nothing of future months.
Through all the cryptocurrency prices surge mania and jubilation, there’s something that most casual observers have missed, a success metric that can make all the difference, yet is rarely talked about. The crypto surge makes it easy to get distracted from its true purpose. That could turn out to be an issue. Much of this increase is even irrespective of particular coin. This is the big blind spot in any price mania: is the increase truly reflective of an increase in use? Does this translate to more purchases and payments for services using cryptocurrency? If so, is it keeping pace with the price mania? With Dash there’s a relevant metric of 500 and growing Dash-accepting businesses worldwide, as well as BitCart.io’s monthly sales numbers, but even that still leaves a large gap in commercial use statistics. Most people in the cryptosphere seem oblivious to the fact that Dash’s monthly recurring budget is a whopping $4 million and growing. It’s easy to get bogged down in the crypto news hype cycle and forget about the implications of that number.
According to the latest revelations Dash will launch an ambitious joint venture with KuvaCash, a Dash-record undertaking worth $550K, a program designed to solve Zimbabwe’s ballooning inflation, collapsing currency, and declining national economy. It aims to provide Zimbabwe with its first-ever peer-to-peer localized cryptocurrency payment service for anyone with a phone-number-based messaging system. KuvaCash project must be launched in the second quarter of 2018. The project goal is to introduce a cash replenishment model to recover confidence in residents allowing them to cash out their digital currency into US dollars at any time they want, vastly reducing transaction fees and providing enhanced financial security and liquidity.
Where to keep bitcoin and other cryptocurrency you will learn from the new video of Vladislav Martyushev and CryptoGroup team. And also you will see the wallet for cryptocurrency called Ledger NANO S. How to set up this Ledger NANO S wallet and how it works? Why hardware wallets are much safer than "hot"?
There was released the fourth part of the video on how to submit an application on Dash budget proposal. You will see how to place an application on the official site for budget proposals and how to pay for it, as well as all the details for the correct steps. The link to the video is given in description.
And this was the news of the last week. Do not forget to subscribe to news on social networks, and you can discuss this and another news about Dash at the Dash-forum or on the Telegram-chat, links are given in the description. See you next time, friends!
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