March 6, 2023
Tron (TRX)
Tron is a proof of stake cryptocurrency that has been built on the Tron blockchain network.
Bright Ideas: Dash (DASH)
Dash aims to provide its users the ability to make payments instant, convenient, and secure while changing minimal fees.
Price:
$40.82
Mkt Cap:
$456,689,002
View Coin Page
Project Fundamentals
- Dash (DASH) is a digital currency that enables users to make payments without using a central authority.
- It uses its network which is secured by cryptography to execute payments without additional barriers
- Its whitepaper was released in 2014 and uses Masternode technology to facilitate its services and governance on the blockchain
- As of December 2021, there was a total supply of 18.9 million DASH coins.
Partnerships / Implementation
- Dash has partnered with leading cryptocurrency loan service providers which allows users to borrow and earn DASH, such as SALR and Bankera
- It also provides staking options through top institutions such as Binance, Bitcoin Suisse, and Staked.
- As of Q2 2021 Dash has over 6.48 billion in payment volume, 90,800 daily active addresses, and 29,000 transactions a day
- Dash also provides its services for businesses as a low-cost efficient way of sending or receiving money instantly.
Roadmap and Announcements
- The Dash platform is working to increase transparency by moving the platform functionality to one single repository
- Its mission and roadmap is fuelled by the idea of providing users with financial freedom
- It uses online social media platforms such as Twitter, Reddit, Facebook and Discord for the community to come together to discuss ideas and share skills
- Air companies in Venezuela now accept Dash as form of payment for their services.
- In a November 2022 Tweet Dash reflected on how DASH is accepted at over 150,000 locations and online merchants for apparel, electronics, food & entertainment and groceries.
Technical Analysis
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Bitcoin (BTC)
Bitcoin is synonymous with cryptocurrency itself and has always been the largest by market capitalisation.
