The latest crypto news feature Dash, the cryptocurrency project which is among the top 20 cryptos by market cap, and how it managed to pick up momentum over the past month with new exchange listings. All of these news are commented by the Dash CEO – who claims that the road to new improvements is already being paved out.
For those of you who did not know, Coinbase, Coinbase Pro and local exchanges in Mexico, Brazil and Switzerland have all bucked the trend against delisting so-called privacy coins and added Dash to their listings.
The Dash CEO Ryan Taylor recently sat down and discussed the recent state of announcements, taking the temperature out of Dash’s decentralized network. As Taylor said in the crypto news:
“There’s kind of a natural equilibrium that occurs over time and we’re kind of there right now.”
With this, the Dash CEO referred to the network of masternodes that provide a second layer of security. The stability comes in the face of growing adoption at the consumer and exchange level. This means that as more exchanges list Dash, potential avenues for trading will widen.
The Dash CEO also noted that the instantaneous transaction validation is what makes the cryptocurrency popular – opening up the possibility of arbitrage or taking advantage of price differences between exchanges. That, according to him, is a good thing for everyone.
“Arbitrage helps with price stabilization not just for Dash but for any pairing,” Taylor said. “That’s obviously economically valuable for exchanges.”
When it comes to the technical features behind the cryptocurrency, the Dash CEO noted that they make it a convenient coin at the consumer level:
“We’ve really addressed a lot of the new user experience issues, and made it much more fluid experience for paying, especially at the point of sale where time really matters.”
Concluding the discussion on the recently announced Crypto Rating Council, Taylor noted that the initiative put forward by Coinbase addresses lack of guidance at regulatory levels.
“I applaud the effort. I think that it helps to bring some level of clarity to the market and at least makes out a position that people could begin to debate and challenge,” Taylor noted. “But I think that there’s only so much the exchanges can do. There is also a potential for perceived or real conflicts of interest.”
You can watch the entire interview below.
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Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
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