Dash Reaches New Security High, Ranks As a Top Most Decentralized CoinDash has reached another all-time high in mining hashrate and now ranks as one of the most decentralized cryptocurrencies. Read more here : https://dashnews.org/dash-reaches-new-security-high-ranks-as-a-top-most-decentralized-coin/Credits : NibiruHybrid Source : https://bitcointalk.org/index.php?topic=421615.msg50870446#msg50870446Very interesting article from Dash News, in the past Dash often got falsely accused by people with a hidden agenda (also known as trolls) of being a centralized crypto project. This just proves how decentralized Dash as a project and in each tier really is. -qwizIn addition to a newer all-time high in hashrate, Dash has also achieved improvements in mining decentralization. According to information from CryptoID, no single mining entity controls more than 23% of the hashrate, and the top two together control 44%. This also puts Dash in the top most decentralized coins as far as number of entities controlling the majority of hashrate or voting power. These improvements to hashrate and mining distribution advance Dash’s position as one of the top most decentralized cryptocurrencies by a wide variety of metrics.
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Analyzing Preliminary Dash Merchant Transaction Data in Five Top CountriesWith centralized institutions such as payment processors and banks, relatively perfect data on usage statistics can be easily obtainable. With decentralized payments systems such as Dash, however, publicly available transaction data can be highly misleading, as anyone can send any amount to anyone, anywhere, and at any time, for whatever reason, and incur only trivial costs of a fraction of a cent per transaction. Additionally, since many cryptocurrency transactions are speculative, a high degree of traffic may be simply moving funds on and off, or across, exchanges, or shuffling personal funds into various storage options. Finally, because barriers to sending transactions are so low, writing a script to simply broadcast various transactions across the network is fairly easy and extremely inexpensive, further complicating the validity of transaction data when estimating real-world purchases. Read more here : https://dashnews.org/analyzing-preliminary-dash-merchant-transaction-data-in-five-top-countries/Credits : NibiruHybrid Source : https://bitcointalk.org/index.php?topic=421615.msg50855685#msg50855685
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Since this is a new month, it is time to take another look at our monthly poloniex chart on Tradingview. As reminder : please disregard traded volume, most of the Dash traded volume takes place on other exchanges. I'm more interested in the chart history of Poloniex, one of our oldest Dash-trading exchanges. Also you will notice two MACD's : one is the default and one is popular among traders on Tradingview. MACD indicator is indicating a possible exhaustion on the sell side, which means we could be looking at a new longterm (up?) trend in a couple of months. Fingers crossed we could be looking at the very last remnants of the bearmarket. For the mean time lets see how the RSI holds up longterm, hopefully it will gets higher then the current 43.1
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DASH has grown solidly recent months, hence it made me surprised with congestion around 0.02 to 0.021 BTC for one DASH coin during last two or three weeks. The recovery of DASH last two months in the USD pair is good, I can not deny it. However, I expect more rallies of DASH in the BTC pair. With the top-notch technology (highly focused on privacy) that DASH can bring to its users and crypto world in general, I believe DASH is worthy at least 0.03 BTC per coin.
The lingering around 0.02 to 0.021 BTC for Dash in my opinion had to do with Bitcoin dropping below $5000. Now that Bitcoin has stabilized and is making moves in the 5300+ range, most altcoins (including Dash) are showing signs of recovery and growth. I dont think Dash will be trapped in this range for much longer. Link : https://messari.io/onchainfx
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Dash Retail Releases Merchant Transaction Tracker, Fiat Conversion Rates APIDash Retail has released a merchant transaction counter for its point-of-sale app, as well as a revamped rates API for calculating fiat currency valuations. A Dash treasury proposal, Dash Retail aims to provide a single workable solution for merchants around the world wishing to accept Dash for payments. So far the project has released an alpha point-of-sale app based heavily on the Spark app, a merchant transaction tracker and statistics page, and a conversion rates API to provide a uniform and accurate conversion rate to various fiat currencies. According to project lead Ash Francis, Dash Retail was created to serve the needs of merchants seeking to accept Dash without significant pain points. Read more here : https://dashnews.org/dash-retail-releases-merchant-transaction-tracker-fiat-conversion-rates-api/Credits : NibiruHybrid Source : https://bitcointalk.org/index.php?topic=421615.msg50842507#msg50842507Dash Retail has benefited from collaboration between several different Dash ecosystem projects. The initial point-of-sale app was heavily based on the open-source Spark app, and Dash Rates built on the work of Spark developer Kodaxx, who sees the project as an exciting and much-needed expansion beyond his work:
“Spark itself is pretty solid, but I think what they’ve done with Dash Rates is spectacular. It’s been taken to a whole new level – and since that’s where nearly all of the problems with Spark stemmed from, it was much needed! I have full confidence in Ash and Alex’s development skill and can’t wait to see where it goes.”
Dash Rates is currently implemented into the Dash Retail solution, with plans to be integrated into the official Dash iOS and Android wallets, as well as other projects in the Dash ecosystem. This will enable the entire Dash experience to use the same source of determining real-time fiat currency valuations for Dash, solving a major point of confusion for users.
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Highlight of the dayCrownings site / Dash Masternode Information : this is a site that is full with usefull information & statistical graphs. You can check number of masternodes, daily traded volume, mining hash rate, masternode ROI, spork activation, network monitors (Block/Trx Info) and once v14 comes out in a few weeks you can check its adoption rate there too. Link : http://178.254.23.111/~pub/Dash/Dash_Info.html
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Dash will be changing to a new PR firm, named Shift CommunicationsOrginally there were three candidates who were interested in the role as Dash PR firm, however one of them withdrawel and masternode owners were left with the following two candidates to vote on their proposed budget proposal : Shift CommunicationsLink to budget proposal : https://app.dashnexus.org/proposals/9a4368c4-99e6-4b21-9743-b4e658453f3c/overviewRequested funds : 83 Dash per six months Netto yes votes (yes votes - no votes) : 540Budget proposal threshold to pass : 484 Interestingly enough Shift Communications brings Cannabis Industry experience to the table, which is a nice fit with Dash current involvement with the Cannabis industry through ALT36. Summary of SHIFT Communications SHIFT Communications is a global public relations agency that specializes in helping companies from a range of industries clearly communicate their value propositions to stakeholders and key audiences. The firm has a deep portfolio of tech experience, including extensive work for the fintech and digital currency industries. SHIFT proposes a San Francisco-based team to support Dash due to its close relationships with a range of industry, technology, and business media. Through its network, SHIFT also brings strong cannabis industry experience to the table, which will help Dash as the organization moves into this vertical industry. The program that makes the most sense for Dash at this time is one that’s firmly anchored to authenticity and truth. The digital currency has had its fill of bad press. Dash has an opportunity to showcase the best of the industry through the realization of a product that serves a purpose beyond speculation. But the media are skeptical, which means the pressure is on to convince media Dash is a legitimate player that should be listened to (and written about). To accomplish this, we’ll devise a clear communications strategy that champions your wins, injects your point of view into larger narratives, and helps media and influencers understand how the next generation of digital currency companies have learned from past missteps and as a result are better poised to move the industry – and end-user experience – forward in a positive way. SHIFT proposes a monthly retainer of $10K for a six-month engagement. The all-inclusive retainer includes strategy + planning, messaging revisions, media relations, owned content creation, and account management. Wachsman PRLink to budget proposal : https://app.dashnexus.org/proposals/82f60e45-e1b2-4161-9405-a28dee59d861/overviewRequested funds : 104 Dash per month for six months Netto yes votes (yes votes - no votes) : -206Budget proposal treshold to pass : 484 Wachsman is Dash current PR firm that was doing a great job of supporting Dash Core Team but (as some people felt) did a lesser job at promoting Dash in general. Summary of Wachsman PR Wachsman is proposing a continuation of its public relations partnership with Dash Core Group for the six months following the end of our current scope of work (SOW), which ends on April 30, 2019:
Cost Monthly retainer. Specifically, a variable amount of Dash, payable on the third business day of each month, that equates to $12,500 USD per month. Retainer fee would be distributed on a monthly basis. These services are not rendered on an hourly basis, since the team does not restrict its support to normal office hours or set a monthly cap on hours of service provided. These services do not include sponsored content and/or other forms of paid media exposure, which have never been a priority for Dash Core Group communications for reputational and efficacy reasons.
Services (tactics outlined below) Media relations support, including relevant Dash Core Group (“DCG”) announcements, inbound/reactive media opportunities, ongoing outreach to reporters in trade and mainstream press which supports DCG (and by extension, Dash network) storytelling objectives, crisis communications support (when required), and on-site media support for DCG executives at relevant conferences/events. Primary objective(s) for H2 2019: supporting the rollout of .14 and Evolution heading into 2020. Secondary objective(s) for H2 2019: continuing support of DCG partner announcements, as well as relevant active outreach to media in-between company milestones/announcements. Tertiary objective(s) for H2 2019: continuing support for Dash network initiatives which align with DCG mission and efforts. Event strategy and participation support, including vetting of inbound participation/sponsorship opportunities from event organizers, development of long-term event attendance/participation strategy, development and submission of relevant speaker/panel submissions, and on-site logistical support for DCG booths at priority conferences/events. Historical examples of this support include Consensus 2018 (which included booth construction and on-site media relations support), as well as Dash Core Group's presence at Money 20/20 in October 2018 (which included securing and supporting Ryan Taylor's keynote presentation at the conference). The campaign timeline would be May 1 through November 1, 2019.
Media Relations Services Included Press releases announcing business partnerships, network milestones, and other business development moments relevant to DCG and the broader Dash network. Ongoing outreach to trade and mainstream reporters for the purposes of relationship building. This often does not result in immediate coverage, but is integral to securing DCG opportunities - particularly with mainstream press. Expert commentary pitches, which are constantly drafted to take advantage relevant news cycles and provide industry thought leadership opportunities for DCG executives in trade and mainstream press. Sourcing and development of content for byline/op-ed opportunities with interested trade and mainstream outlets. Ryan Taylor serves as primary spokesperson/author for these opportunities, though other DCG executives are incorporated based on the nature of the opportunities. Reactive press releases/media alerts in the event of crises. Wachsman are on call to conduct reputational damage mitigation during periods of negative press or poor public perception.
Reporting Wachsman will continue to provide regular reporting on public relations activity to DCG, adjusting strategy and tactics as needed based on DCG’s internal analysis and objectives. The Wachsman team will continue to defer to DCG on the regularity and format of its communications progress reports for the Dash network. Currently, monthly pictorial reports are provided through software tool Meltwater, that measures approximate article exposure, reach, sentiment, geographic hotzones, featured SEO terms, and analysis against direct competitors. Wachsman team will also be open to and adjust for feedback and ideas through Michael and Fernando, as the community presents them.
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Thank Joel....great article. It encapsulates everything I've thought...and the reason why I've backed DASH this whole time. OG crypto ecosystem just doesn't get it. That is why Bitcoin adoption has stopped growing and is in fact shrinking. It is why all these other "crypto" projects wont succeed either. They are built and run by fringe members of society like cyber punks and crypto anarchists that don't value the rest of society. And thus will always fail in mass adoption because they can't relate. It would be sad if dash gave up on anonymity and would allow mass surveilance on its users. But that is what it has to do if it wants to get positive reviews from the western fake news media in the future. However we already have such a coin its called "Ripple" thus theres no need for another one. There are plenty coins with transparent blockchain, mainly bitcoin clones that get absolutely no attention at all. Dash would not privacy would be Dash without fungibility, I am sure no one in the community can seriously consider that as a viable option. Have I missed anything important or what is this discussion about? DASH isn't considering giving up on anonymity, is it? That is an old thread you are quoting, and if you read the initial post and the replies that followed carefully then you know this is not about a consideration on giving up on anonymity. It's about an opinion raised in the first post that Dash will never get any real love from the Bitcoin community even if there was no instamine, or even if Dash did not develop the anonymity / privacy part. The first post goes into the why of that opinion (providing social and cultural reasons). Personally I believe Dash perception and image has been improved this year, after it kept integrating, expanding and following through on its long road towards Dash Evolution and thereby making Dash both more easy to use and more easy to obtain. I guess we changed from the black sheep of the crypto scene to the somewhat more greyish sheep of the crypto scene Do you really think DASH has ever been the black sheep of the scene? I mean there have been massive scams out there and DASH can neither count into that category nor be a category of its own in that regard. What i do know is that Dash for a time was under constant attacks by trolls, had (and still has) difficulty getting any references (positive or negative) on Coindesk and was constantly hammered on its instamine history. This by itself could give people the impression that Dash was viewed as the black sheep of the market. That impression does not necessarily mean it should be viewed as fact, and the article that started this all was an opinion article so far i can tell. Personally i rather view Dash as a crypto project in an underdog position (especially in the early years) fighting for regnonition of its achievements, rather then viewing it as a black sheep.
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I wish DASH will break its current all time high of hash and set up new one. There are several potential caused the increase of total hash on DASH network: - Bitcoin increases result in better mining profits for DASH miners, so more miners re-run their mining rigs. - More investors bought cheap DASH when the coin fell back to 0.02x range, and use them to run new masternodes. It is just my personal thoughts, and I don't have statistics to prove my assumptions above.
Well, Dash did establish a new ATH 19th of april 2019. Which makes current ATH now at 3.2385P Looks like hashrate has been declining a bit lately as current hashrate is 2.3P
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With hashrate on that chart showing 3.237P we have approached our current ATH of 3.237P of date 3 nov 2018. Since this chart always runs a 1 day behind i guess we will know if we actually have a new ATH by tomorrow. Update : chart shows 3.2385P on 19th of april 2019, so Dash indeed has a new ATH.
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