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Several solutions have been proposed to bolster Monero’s proof-of-work consensus mechanism to prevent 51% attacks on the network. The Monero community is exploring a potential overhaul of its proof-of-work (PoW) consensus mechanism to make the network resistant to 51% attacks. Community members suggested several proposals, including localizing mining hardware, switching to a merge mining algorithm, …
” Over 20 investment funds hold Dash, and 40 more plan to add it: Report “ Cointelegraph Research conducted a first-of-its-kind survey querying over 2,000 global crypto funds and certificates to gain an insight into their investment allocations during 2021. The survey was conducted via email between March 2021 and December 2021. The 200 funds…
” Privacy coins are surging. Will regulatory pressure stall their stellar run? “ Recent weeks saw a massive surge of the so-called privacy coins’ prices — namely Monero (XMR), Dash (DASH), Zcash (ZEC) and Haven Protocol (XHV). As many other cryptocurrencies and the industry at large faced immense regulatory pressure amid the war in Ukraine,…
“# Venezuelan international airport to accept Bitcoin payments: Report ” A major international airport in Venezuela is reportedly preparing to start accepting cryptocurrencies like Bitcoin (BTC) as payment for tickets and other services. Simon Bolivar International Airport is working to enable cryptocurrency payments to comply with local industry standards, regional news agency El Siglo reported on…
“# Dash launches retail consumer app for shopping in stores across America ” Dash has announced the launch of DashDirect — a consumer app that allows users to spend the DASH cryptocurrency in stores across America. In an announcement released on Tuesday, Dash revealed that the new customer-focused app will offer up to 12% in…
“# Cointelegraph Consulting: Report pictures a crypto-consumer portrait ” Bitcoin’s status as legal tender in El Salvador has recently sparked a new round of discussion concernin Bitcoin (BTC) and its role in the world economy. Despite ambiguous reactions from institutions such as JPMorgan and the World Bank, some feel that Bitcoin’s status as a means…
“# Dash rolls out Ethereum DeFi bridge with staking and yield farming ” Payments-focused crypto project Dash (DASH) is officially launching its Ethereum DeFi bridge. According to an announcement issued on Wednesday, the foray into decentralized finance is made possible via a partnership with DeFi gateway protocol StakeHound and will see Dash holders able to…
“# What are privacy coins and how do they differ from Bitcoin? ” Cryptocurrencies are typically pseudonymous, but not necessarily private. Bitcoin (BTC) and other assets run on blockchains, with each transaction posted publicly online. During a transaction between two or more parties, assets move to different wallets, each represented by a string of characters. …
“# Privacy coin season? DASH price gains 100% in a week as Monero, Zcash flip bullish ” The strength of the cryptocurrency market is spreading appears to be spreading to privacy-focused coins. The calm price action of Bitcoin (BTC) often sets up an intense period for altcoins to rally, where several groups of coins can…
“# Dash trade volumes soar 282% in 2020 as commercial adoption grows ” Dash, a cryptocurrency analog for electronic cash, recorded impressive growth in 2020 as average daily trade volumes, users and retail payments grew considerably. During its fourth-quarter livestream on Thursday, Dash Core Group reported that average trade volumes jumped 282% year-over-year, from $9.8 million…