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  • Totle released the application for monitoring token prices in the DeFi markets

    Totle released the application for monitoring token prices in the DeFi markets

    Tim Draper’s portfolio company produced a tool Totle Swap Technology which aggregates token prices of the DeFi markets and enables the user to pick the best deal.

    Global instability and falling markets have a world-wide influence. Nevertheless, according to a venture capitalist Time Draper, Decentralized Finance is what actually gaining momentum. This is why Draper’s portfolio company decided to release the new software that would facilitate further development of this industry.

    “DEX has undertaken a long journey in perfecting its usability. Totle facilitates access to the decentralized markets”, — stated David Bleznak, the founder of DeFi Totle aggregator.

    As it stated in a press release, the Totle Swap Technology would allow all users to buy and sell the tokens at the best price within the DeFi industry. The software operates as routing of warrants system while detecting its best combination. This gives customers an opportunity to maximize profit from their token portfolio. The tool is aimed at users with an extensive portfolio of altcoins who prefer trading on the decentralized platforms. Additionally, the new software could be integrated into the website or application of any company.

    Totle Swap Technology illustrates the correlation between the stock prices and the rest of the market, and it makes possible to choose the most profitable option for the transaction. The tool shows traders’ prices in real-time, and also has other customizable features that allow you to track trading activity.

    “Our interface is the most convenient way to get the best price for your assets on Ethereum”, — stressed Blaznak.

    New products and offers have been constantly appearing on the DeFi market. Earlier this month, Ethereum launched the Bitcoin-compatible DeFi platform pTokens. DeFi Money Market declared that it will launch tokenized assets in DeFi markets in order to provide cryptocurrency loans, whereas Huobi has launched a test blockchain for DeFi with support for KYC and AML.

  • Storj Labs launched a cloud service on the blockchain

    Storj Labs launched a cloud service on the blockchain

    A developer of decentralized storage Storj Labs has launched a cloud service based on the blockchain for both enterprises and personal usage. It is intended for the secure storage of files and documents.

    Starting this week, the users have the ability to start transferring and backing up data on the Tardigrade Decentralized Cloud Storage Service. An open source network is capable of accommodating 19 petabytes that is equal to 19 million gigabytes. Currently, thousands of nodes, operated worldwide by enterprises and individuals, make use of the open-source network. The platform is today supported by approximately 3,000 customers.

    “Decentralization has the various advantages for the cloud, whereas the first customers of our service can already experience how the decentralization upgrades security, privacy, and fault tolerance, as well as reduces expenses”, — said Storj Labs Executive Chairman Ben Golub.

    While uploading a file, it is getting encrypted and divided into 80 fragments spread over individual nodes. If a single node is compromised or disrupted, only 29 fragments are required to completely restore the file. Thus, users are protected from a single node failure.

    Co-founder and chief strategist of the company, Shawn Wilkinson, claimed that the Storj Labs would, first, determine a price that is two times lower than the price set by the centralized cloud storage providers like Amazon Web Services (AWS). Furthermore, the service has no restrictions on carrying capacity — the platform allows users to store as much data as they need.

    In 2017, Storj’s service was relocated from Bitcoin to Ethereum. The co-founder affirmed that the company is not planning another relocation.

    “Ethereum enables us to forward thousands of transactions every month to numerous node storage operators”, — co-founder said.

    Customers who already use the protocols of Kafkaesque, Fluree, and CNCTED data warehouse management and, additionally, authentication solution from Verif-y, Storj’s partner; will have access to the decentralized storage via platform connector. The protocol was designed in a way to enable developers with experience in Amazon S3, Python, Go, and Android to easily learn how to use Tardigrade. Storj is not alone in developing and proposing solutions for decentralized storage. In the past month, the project of decentralized file storage, Filecoin, announced the postponement until the summer of the launch of its core network. Now, the launch of the Filecoin blockchain is expected in the period from June 15 to July 17.

  • The deeper the economic crisis, the brighter bitcoin is, said Philip Salter

    The deeper the economic crisis, the brighter bitcoin is, said Philip Salter

    Philip Salter Chief operating officer of the mining company Genesis Mining believes that the economic crisis can give a powerful boost to the growth of bitcoin.

    In recent weeks, the cryptocurrency market is very changing. According to Salter, mining companies could have contributed to the fall in the rate of the first cryptocurrency.

    In this case, there is no different traditional markets. You sell everything you can just to stay afloat and pay your debts. The miners always have bills that they need to pay. It has to pay for electricity, maintenance in dollars. In addition, if the bitcoin exchange is falling, it means that you need to sell more bitcoins to continue working, said Salter.

    Thus, the avalanche effect has happened. The lower the rate, the more bitcoins are sold by miners and the more the rate decreases. Therefore, until it reaches the point when it is easier and cheaper for the miner to suspend work until the market recovers.

    However, according to Salter, the more real and deeper the economic crisis, the better situation for bitcoin.

    If this crisis is artificial, there will be no special fallout for bitcoin. If this is a real global economic crisis, then interest in bitcoin will grow significantly. It will again become an issue of exposure hedging. The worse people pertain to the traditional financial system, the better they will pertain to cryptocurrencies, said the Chief operating officer of Genesis Mining. Recently, the founder of Gold Bullion International Dan Tapiero spoke that the introduction of negative rates on dollar deposits in the United States can be a boost to the growth of bitcoin.

  • According to Tao Zhang, state-owned cryptocurrencies can improve the traditional financial system

    According to Tao Zhang, state-owned cryptocurrencies can improve the traditional financial system

    The Deputy Chief of the International Monetary Fund (IMF) Tao Zhang said that public cryptocurrencies can become «an available and legal digital form of fiat money».

    Zhang stressed that public digital currencies can bring many advantages to the traditional financial system.

    «Most important of all it will be a more efficient payment system. Secondly a more available financial system. In third place increasing stability and reducing entry barriers for new companies. In fourth place the strengthening of monetary policy. And in fifth place public cryptocurrencies can become a repellent of new digital currencies,» Zhang said.

    The data analytics company CB Insights analysed the state cryptocurrency market. According to analysts two types, such currencies are being developed in different countries: basic and bank.

    Basic digital currencies should take place of paper money and allow citizens to open accounts directly with the Central Bank. Bank digital currencies should become a means of interbank payments and may jeopardize the current banking system.

    The researchers also reported that 80% of Central banks surveyed are exploring the possibilities of public cryptocurrencies.

    In early February the Chairman of the Federal Reserve Board Jerome Powell said that the FRB is actively working to create a «digital dollar».

  • EY Japan is developing a blockchain platform for tracking the sake supply chain

    EY Japan is developing a blockchain platform for tracking the sake supply chain

    EY Japan is the Japanese branch office of the audit firm Ernst & Young (EY). The office working on creating a SAKE Blockchain platform to track the sake supply chain, as well as to bout fakement.

    The head of EY Japan reported that the system initially will be launched in Hong Kong and Singapore which are open to the introduction of blockchain technology. In the future, the platform is planned to take public in the Asian market.

    According to EY consultant Hideaki Kajiura, the blockchain will be used to record and track information about the origin of the goods used to make sake, as well as about the conditions of production and the further supply chain of the product up to supermarkets and restaurants.

    Besides, the system will provide information about the temperatures at which the product held during transportation and at points of offtake so that consumers can be sure of better storage conditions.

    With QR-code on the bottle collar customers will be able to check the ingredients of sake, information about the manufacturer, as well as get recommendations for its further holding and intake. The information will be available in English, Chinese and Korean. All information entered in the system will be useful not only for buyers but also for manufacturers themselves.

    Manufacturers will be able to develop ways to improve the efficiency of their product sales and turn target marketing around by analyzing all information. However, the main aim of the SAKE Blockchain platform is to make sure the identity of alcoholic products and secure the sale from fakements. Ernst & Young used blockchain before to track the supply chain of alcoholic beverages. In May last year, the company participated in the development of the tattoo Wine platform to make the process of production and supply of wine more translucid.

  • The SEC accused Meta 1 Coin of conducting an illegal ICO and conversion investor funds

    The SEC accused Meta 1 Coin of conducting an illegal ICO and conversion investor funds

    The US Securities and Exchange Commission (SEC) has accused the Meta 1 Coin cryptocurrency project of conducting a fraudulent ICO and conversion $4.3 million from more than 150 investors.

    The Commission appealed to the court, demanding to freeze assets of two residents of Florida, Robert Dunlap and Nicole Bowdler, as well as the assets of ex-senator in Washington David Schmidt. According to the SEC, these people sold Meta 1 Coin digital assets that are unregistered securities, which violates the provisions of Federal anti-fraud laws.

    Besides, the developer deluded investors by providing them false information that Meta 1 Coin tokens were provided $1 billion art objects or $2 billion of gold. The audit firm checked the reserve’s availability.

    Investors were promised a high return of up to 224,923%, without any risks and losses. According to the SEC, the defendants used funds obtained through ICQ to cover personal expenses and purchase a luxury Ferrari car worth $215,000. The scammers in two firms Pramana Capital Inc. and Peter K. Shamoun invested portions of the proceeds. In total, the scammers collected more than $4.3 from 150 investors in the US and abroad.

    «We believe that the accused provided false information about Meta 1 Coin and could have said anything to extort money from people. Investors should be skeptical of such proposals where a huge profit is promised and nothing can happen to investments, » said David Peavler, Director of the SEC’s regional office.

    The regulator requires civil penalties to be imposed on the organizers of the Meta 1 Coin fraudulent scheme, as well as to recover from them the entire amount of funds collected during the ICO, along with interest for the period before the court decision is made. As for the firms Pramana and Shamoun, the SEC requires that they return the money invested by representatives of Meta 1 Coin since these funds were obtained by criminal means. This month, the SEC won a court case against the Russian project Isobox in the case of unregistered token sales, obliging the startup’s founder to pay $16 million in fines and compensation for illegally obtained funds. Last month, the Agency fined actor Steven Seagal for promoting the ICO of the cryptocurrency project Bitcoiin2Gen and for hiding the fact of receiving payment.

  • HOW TO MAKE MONEY ON CRYPTOCURRENCIES IN 2022

    HOW TO MAKE MONEY ON CRYPTOCURRENCIES IN 2022

    Introduction

    Making Money with crypto currencies is a booming business currently. Many people have taken to this method of getting themselves earn big Money. Maybe you can be wondering how they do it. Well, I’m here to clearly explain to you what these people do to make such vast sums of Money.

    How to make Money through bitcoin.

    There are many ways through which one can earn considerable money through bitcoin. I will just focus on the main ones because the list is too long. Once you get to understand these methods, you can freely make your decision on which method to pick, and you will surely make it. However you should do thorough research and find a method you are comfortable with.

    Bitcoin mining.

    Talking about the mining of bitcoin, basically, there are two types of mining that people typically use. There is personal and cloud mining. People who do personal mining (individual mining with own rig) are subject to maintenance, and that means that they are responsible for buying hardware for running this and all other bills like electricity. The other mining method, which is cloud mining, does bit involve many this as opposed to personal mining. Here hardware or software, assemble or even anything is not needed – all you need to do is pay a one-time fee for a contract, and that’s it! Usually, at the end of every month, you’ll receive your earnings. The amount will be based on your plan of choice and the electricity bill at the facility that the cloud mining service is based on.

    Overall, crypto currency mining is a very prevalent method for people searching on how to Make Money with Bitcoin. It does require some knowledge and expertise in the field to be able to perform it successfully (especially if you want to build your rig), but the effort is definitely worth the results.

    Buying bitcoin.

    There are these other types of people who feel it is right having an investment. Yes, with bitcoin, you are also able to make an investment. With bitcoin, you can decide to buy a certain amount of bitcoin and forget about the account for some long term period of time, and on later dates come back end check on there account for the accumulated earnings.

    Another type of investment is doing regular research and analysis about the signals used, after which they decide to invest some amount of money that will allow them for a certain period of time to trade their bitcoins with instant earnings directly paid to them.

    Usually, with this type of earning, you can realize a fortune or a misfortune; either with your Money, you can make huge cash or as well cause the most significant loss. So you either become poor or rich.

    Accept payment in bitcoin.

    As well one can decide to be trading in bitcoin terms just the same way one would prefer payment if Money. This way, one has to determine a service they can provide to the best and post for access by the prospects. Once this is decided upon, the person creates a bitcoin wallet where they receive the direct payments whenever their services get to be paid for.

    Now you should think of how to charge the people you offer services to. For instance, online forums are the best market places for you. Now here you only trade your services on bitcoin terms in exchange for your assistance. This is another right way people get to earn pretty good Money with bitcoin.

    IEO and bounty

    IEO (Initial Exchange Offering). This process implies that previously private coins are made public to the market for the first time for sale. Users can get access to it and buy it as creators (who in this case is you) receive funding from sales. Depending on demand, this process determines the coin price in the market.

    Trading.

    Just as in the normal marker places where sellers buy at low prices and sell to buyers at a rate more than the buying price, it is just the same way with bitcoin. The only difference here is that you have really analysed the direction the graph signal is most likely to take, lest you lose you Money! Again you have to determine the best time to but you bitcoin and the best time to release them to the market to be bought, which should be slightly higher to realize the profit.

    Referral programs

    Have you ever heard of network marketing? Well, this is a program in which you invite other people into the business, and the company compensates you. In the same way in cryptocurrency, you get to be paid for your effort if bringing new people. Yet, instead of bonuses, companies pay with digital coins (tokens). This is one of the popular ways to earn cryptocurrency since it also does not require any investments.

    Holding and renting.

    With bitcoin, some coins get used up on their own. When you do rent and holding as some coins are continually being used. For instance, Ethereum, in such systems, the creation of each transaction block comes with a reward (usually are those coins initially not in circulation). Hence, their total amount is not limited.

    A different approach is, however, implemented in Bitcoin. For the creation of a block, the system will always generate a reward as well. But every four years its amount is reduced (some get in the circulation of being used up constantly). Eventually, the emission will cease when the number of BTC in circulation hits 21 million. At this level you will receive only user commissions.

    Conclusion.

    For you to earn good money, you have to go for the method that best suits you to work with. For instance, with IEO and holding and rent, you have to do proper research and analysis to get to earn. Other methods like trading and mining you have to get well with bitcoin price, for instance. And also, you have to remember to choose the method that you can budget for successfully run without losses.

  • How to make money on Litecoin

    How to make money on Litecoin

    Still researching the online ways to get rich? Always paying attention on what’s new on cryptocurrency market? Nothing bad with the new, but we are showing you, now, that you could also try on the not so new solutions. Maybe you haven’t paid much attention to a cryptocurrency, called Litecoin, or LTC.

    And no, it’s not new, It was created in 2011 under MIT license, but it can surely improve your earnings in a strong way this year.

    Who is Litecoin

    LTC is an opensource alternative to Bitcoin. It appeared right after Bitcoin, Ethereum and Ripple. Practically, LTC and the other three are just like the musketeers on the cryptocurrency market, thus shaping a powerful rectangle for online business and mining.

    Not only the profitability is equal to that of Bitcoin, but also the investment safety level.

    Useful technicalities

    Unlike Bitcoin, Litecoin grants faster confirmations for transactions. The time for a block generation is 2,5 minutes, as compared to 10 minutes for Bitcoin.

    It is a peer-to-peer cryptocurrency, created on a similar protocol to Bitcoin. However, LTC uses a scrypt algorithm, the proof-of-work mining algorithm, thus requiring an intensive computer memory. Due to the fast generation of new blocks, the system can process several transactions at once. Thus Litecoin’s blockchains (transaction history) are wider.

    Payments are made towards addresses based on digital signature, and are represented by 33 mixed letter-figure series. Of course, always starting with an L.

    How to make money with LTC

    Market Value. You’ll find yourself on an LTC market with a maximum supply of 84.000.000 LTC. Whereas, the circulating supply amounts to 64.123.209 LTC. The price of one Litecoin grows around 70$ these days, and it started in 2011, around 4$. I am pretty sure you already started calculating the amount to which this market rises, as well as the profit that you could have already made since 2011. But it is never to late to start. As, we all know. Dealing with cryprocurrency still makes people rich.

    Also, please find out that it operates with several subunits. We talk about Litoshi (= 0,00000001 LTC), microcoin (0,00000 LTC) and millicoin (0,001 LTC).

    Mining or Purchase. LTC is a decentralised currency. Thus there is not a single central point or a sole administrator. So, you have the option to acquire Litecoin by mining it on cloud services. Then, there is also the option of purchasing LTC from specialized exchange platforms, and keep them physically in your own poket, or in cold wallets (hardware) or hot wallets (digital). However we are interested here about the ways for you to become a first rank player on LTC market, meaning to get into full mining activity.

    What you need for mining

    Litecoin is really easy to mine, because you need only the PC and the internet. No special professional hardware required, like with other cryptocurrency. This is the most secure manner for you to acquire LTC and to resale it. The cloud mining systems are world-wide spread, and go beyond any governmental impositions. If you start mining for LTC, you will become a miner, a part of this continously spreading community. Plus you will embark on a directly active role, that further increases the value of your investment.

    There are numerous mining portals for you to choose from, and become a miner. However they all work similarly and your participation is the same. As miner you are the one to process and verify all the transactions, the platform will only grant you their computig power and safety systems. Your job is to focus on supervising markets and choose a pool where to mine on. Thus you contribute to the mining community and you are rewarded Litecoins.

    How mining brings you money

    The mining activity will bring you LTC rewards from the cloud system. These are rewards from completing blocks of transactions, that you have to verify first. You are being successful if you discover solutions to a complex digit number. Your success is also depending on the total mining power on the network.

    You are practically getting paid for having an auditor activity. The verification process for each cryptocurrency transaction eliminates the „double-spending’ issue.

    What is this double-spending you might ask? This situation appears when an LTC owner spends the same coin twice, as there is a risk of making a copy of the digital token, thus using it in two places. One covered, one fake cryptocurrency. So you hunt counterfit cryptocurrency and get rewarded for this.

    Once you have verified one block (1 megabyte of information) you are eligible to receive LTC. You will not automatically receive LTC. You will earn it only if you are the first miner to get to the right answer for this numeric problem (which is the proof-of-work).

    It is somehow a matter of luck but also of numbers. The more blocks you verify, the more chances to be the first miner to solve the issue and to receive Litecoin.That’s why it pays off to enter the Litecoin game, as its blocks are faster generated (every 2,5 minutes), as we already mentioned before.

    And don’t worry. The numeric problem to solve is actually just a guesswork. You don’t have to play tricky games. You just have to find the correct digit number (the hash). So a lot of guessworking, until it matches.

    Will LTC increase its value furthermore?

    It has a lot of potential to appreciate on the market, with time. And this is due to the fact that the amount of coins issued is limited. So the success of Litecoin is dependent of the awarness of people and the success in gaining credibility and captivating the attention of a wider number of people to invest in it. And it is currently growing

    This is, in fact, a good part of the whole deal. You yourself can directly and actively participate to its success. By investing in it and become a promoter.

    Uses for Litecoin

    Besides its long-term/ short-term investment value, Litecoine started to be of interest for the retail/trade market. It is so far used as an exchange currency on this market, in very few places, but nevertheless it is. Let’s not forget that, generally, the cryptocurrency have just started to be used as such, but they are continously increasing in popularity. Again, as we said before, you can become an active player, that continuously increases Litecoin value.

  • Ethereum: how you make money on this cryptocurrency.

    Ethereum: how you make money on this cryptocurrency.

    Since cryptocurrencies became a reality and positioned themselves as a form of investment — and as a good way to make money -, attention has focused on bitcoin.

    However, also from the beginning, Ethereum has taken a firm position in second place to become one of the pillars of the cryptoverse.

    Ethereum is an impressive option that every day gets more popular in the market. For that reason, in this article we elaborate everything you need to know to introduce you to this concept and explain you how it is possible to make money with Ethereum.

    Going through questions like: what it really is, why does it have an attractive value, what is Ethereum mining and were to do it.

    So, what is ethereum and how can it help me to increase my earnings?

    Ethereum as a platform:

    To be fair, Ethereum is a cryptocurrency but also a platform. In fact, the name of Ethereum actually only refers to the platform, while the virtual currency is called Ether, just as Bitcoin (capitalized) is the platform and bitcoin (lowercase) the currency.

    Ethereum is based on blockchain technology. A type of technology that serves to decentralize transactions. The idea is to make it unnecessary for a third person to certify them.

    When we talk about formal currencies, this third person is usually the bank or credit card. But with blockchain technology the users themselves are the ones who validate this process, hence the talk of decentralizing the economy.

    Ethereum seeks to apply blockchain technology to any area, not just currencies. Thus, for example, it would be useful for voting systems, gambling, insurance … For this, it created what are called smart contracts, with which it is the users themselves who validate the operations and ensure the reliability of the contract, which cannot be modified nor cancel without the agreement of the entire community.

    What is ether?

    The ether is the cryptocurrency of Ethereum. The payment that developers receive for writing applications on the platform and also the miners for providing resources (which are their computers) to the Ethereum blockchain. As the platform grows and evolves, the currency takes on more value and therefore its sustained growth.

    In the beginning, 60 million ethers were generated plus 12 million thought for a development fund. Over the years, ethers have continued to be created at a rate of 18 million per year.

    That is what makes an ether a good investment, with each passing year it is more complicated to obtain a complete piece and its value increases.

    How to obtain Ethereum?

    There are two ways to have Ethereum in your possession: mine ether or buy ether. The first requires that we use some computer in our power to work to generate earnings for us.

    To get on the subject, let’s review this concept of cryptocurrency «mining» and then we´ll focus on some of the most interesting places to do this.

    Ethereum Mining, what is it really?

    To explain it simply, cryptocurrency mining is a process by which it seeks to solve complex mathematical problems.

    Miners are a fundamental part of getting every cryptocurrency system to operate within a Blockchain network. Thanks to the contribution of their time and computing power to solve those mathematical problems, they provide something called a «proof of work» for the network, thus verifying Ether transactions.

    For each verification that the miners perform, they are paid with a fraction of this cryptocurrency. In this way, the system endures.

    As more and more miners unite, problems automatically become more difficult to solve, which means that more time and computing power is required to solve them and the rewards become smaller. However, as the value of the Ether continues to increase, the rewards received by the miners remain quite substantial in value, which makes them a great investment.

    In addition, many people see mining as an ideological incentive, a means to directly support and sustain the network.

    Genesis Mining

    It is one of the leading companies and offers the best solutions for cryptocurrency mining. Genesis provides its powerful mining platforms to both digital currency experts and those who are new to the crypto industry.

    It has its origin and headquarters in Hong Kong but its mining centers are established in different locations between Europe, America and Asia. In this way, Genesis takes advantage of the low electrical costs of these places to achieve efficient mining and offer the most competitive prices.

    Although the company shares photos and videos of some of its mining facilities — for example that of Reykjavik, in Iceland -, the exact locations of the rest of its mining centers are not disclosed for safety reasons.

    Genesis Mining is possibly the number one cloud mining company in the world, something possible thanks to the capacity of its founders.

    Nuvoo

    NuVoo Mining is another of the main mining companies in the network. It is a Canadian firm whose purpose is to provide necessary tools to generate cryptocurrencies in the cloud.

    This company has a good location for its mining activities (Montreal, Canada), which translates into a lower cost of electricity. In the end, those benefits reached the client who now enjoys hash energy plans with no electricity costs to pay.

    As soon as we register with this company, we receive access to the high-level security web panel from where we can manage our NuVoo services. The interface is extremely wide and detailed. Also, the company has taken as a priority to invest in security systems to protect its customers.

    CCG Mining

    It is another company dedicated to cloud mining. Founded in 2016 during the outbreak of cryptocurrencies, CCG Mining seeks to satisfy users who wish to mine in the cloud with low investment and very little money. CCG presents us with the option to mine different cryptocurrencies.

    It is a very stable site and there are strategies that we can apply to improve performance and maximize earnings.

    Its interface is very simple, so it is a good option for the inexperienced.

    This company is one of the new players in the market which can carry certain risks but also many opportunities.

    The million dollar question: can mining make me rich?

    To be honest, we cannot promise you that you will get rich by investing in cryptocurrencies. However, there are no bad expectations in the future and it is likely to generate many profits if you have the constancy, dedication and resources.

    There are a lot of success stories in these types of investments: it is certainly something worth considering.

    As we have talked throughout this article, as time goes by it will be more complex to get into the world of mining. Therefore it is best to seize the moment.

  • How to Make Money on Dash

    How to Make Money on Dash

    Have you ever heard about Dash? Well if you’re in a search to increase your earnings, you could always try the cryptocurrency market. If you haven’t deeply researched this field, you still might have, at least, heard of numerous people, maybe one of your acquaintances, getting rich from transactions with Bitcoin. Maybe you consider that Bitcoin equals cryptocurrency. Bitcoin’s wide spread fame is true only for a general audience.

    However, when you want to approach this area you will be amazed of how many cryptocurrency options are there. Among them, of course, the cryptocurrency named Dash. Not so famous, but very efficient. And this is our focus in the paragraphs below. Dash is quite interesting and it is worth our, and your, attention, and for sure, your earnings will thank you for that.

    There is a full market out there of cryptocurrencies for you to “play” with, to experiment and to find new interesting ways and techniques of turning them into a long-term income.

    Who is Dash

    So, let us explain in detail, who is this not so well known Bitcoin brother. Dash is an open source cryptocurrency launched in 2014, which will deliver solutions very easy to use and to measure. It is newer than Bitcoin, so it became very popular among young people who enjoy cryptocurrency transactioning and especially mining. Open source, means that Dash has been developed with a technology and software which are built, tested and improved through a close collaboration with the direct users. And it also continues the improvement process, keeping this user-relationship very close.

    Dash Features

    Dash has a lot of features in common with Bitcoin and some of the other consacrated cryptocurrencies, on the exchange market. However the main characteristic that you will find useful, is their ability to deliver a digital cash-equivalent equally valid amount, via the Internet. They all allow you to purchase and operate with blocks for each transaction (the blockchains will keep a score on all transactions within the network).

    Similar to Bitcoin et co., Dash will keep your name, address and other details anonymous. As you are under no obligation to reveal personal information.

    There are, however a series of major differences from Bitcoin and the other cryptocurrency. We include here the system management, its speed, as well as the cost. And all these elements are way up in the favor of Dash. Maybe because this is a newer currency, and was launched after a more thorough and deep research made on: the already existent market, the users needs and complaints, the new hardware and software technology. Dash also benefits from wider networks and already specialized actors on mining field, as well as from a general improved know-how of cryptocurrency systems.

    We want to mention yet another essential difference from Bitcoin. Dash has no public transactions.

    How to Make Money on Dash

    Although the currency is the new-generation, the manner in which you can get money with Dash, is a classic one. Well, classic in terms of cryptocurrencies, at least. New Dash cryptocurrency is created by mining, the consacrated manner for all good cryptocurencies. Mining, the all-time secured way to recompensate participants to transactions whithin blockchain technology. The time required to mine Dash is below two and a half minutes.

    The new Dash mining systems have a very clear structure, recompensating all participants according to their level. Therefore, keep in mind that there are three definite groups: miners, masters and development team.

    Each will gain as follows:

    Miners will receive at least 45% recompensation, which ensures a good participation number of brains and computers, taking their role within the blockchain process.

    The masters, or masternodes receive also around 45% of the currency. Masternodes are the so called Proof-of-Stake algorythms. They are different from the Proof-of-Work used by Bitcoin. Masternodes (and their PrivateSend system) will allow a person to mine or validate blockchain transactions depending of the number of coins it owns. The big benefit, here, is that they reduce the number of nodes required to approach a transaction. Thus the total cryptocurrency amount is managed with increased ease.

    And third, the development team, which includes also a marketing and client support service, will get the rest of around 10%.

    Dash Benefits

    From the very start, Dash intended and worked on achieving an improtant improvement to what cryptocurrencies already on the market had to offer. Its creators have as their main goal to bring a plus to all Bitcoin defficiencies. And the market, so far, proves them right.

    · Dash guarrantees strong encrypting characteristics in order to make its blockchains’confidentiality phylosophy a reality. This is achieved by means of a PrivateSend option.

    · In terms of speed, Dash is incomparable to Bitcoin. You will be amazed with these numbers. Bitcoins has a speed of 10 minutes or even more to finalize a transaction. However, Dash brings in a reaction to a similar transaction in only 4 seconds. Yeah, you heard it right! The difference is amazing.

    · In the management area, Dash is also impressively different. It offers a clear manner of incorporating changes for currency development. There is no need for the so called „hard forks” (meaning the implementing of two different solutions). As it was the case with Bitcoin and its Bitcoin Cash. The solution brought in by Dash is a voting poll system, which enables a fairly faster change implementation.

    · Cost is the other element which makes a visible difference to the other cryptocurrencies. For Bitcoin the transaction fees go around 6 USD, whereas Dash succeeded in reducing these fees to just a bit over half a dollar.

    Will Dash increase its value furthermore?

    Dash is a quite stable and secure cryptocurrency. After the launch in 2014, it went up slowly until 2016. Then it has been blosssoming since 2017. During that year, Dash surpassed te value of 100 USD and reached an hystorical height of 1600 USD. Then it stabilized around 330 USD. Which randers Dash a well established and safe cryptocurrency to invest in, these days.

    What is your future with Dash?

    Dash seems to have found a good niche on the cryptocurrency world. Its focus on youth, promptness, privacy and ease, makes Dash’s forecasts, worldwide, quite encouraging. If you decide to invest in this cryptocurrency, you will become directly involved in the developmemnt of a versatile and promising system. You will personally contribute to your own succes with Dash, but also to Dash market as a whole.