Home Altcoins News Is DASH Price Rise Sustainable? UnBranding PrivateSend and Calling it Coinjoin

Is DASH Price Rise Sustainable? UnBranding PrivateSend and Calling it Coinjoin

Dash Private Send Coinjoin

In Ryan Taylor’s Own Words:  I tend not to prognosticate on price.  The recent price surge has been pretty eye brow rising. I think 2017 was a pretty unique set of circumstances for the economics of the network and some other variables, but I think in the power of this rally, it is hard for me to doubt whether an all-time high would be possible.

I think that we are seeing some tremendous rising tide in the overall market.  Looking back you can see at a point in time we had a tremendous price move and it is possible, and I think we are in a much better position to be able to sustain something like that this time around, because when you look at usage and other metrics in 2017, we had around 20,000 transactions a day, in the fourth quarter of 2017, we thought that was pretty amazing.

Today, we are at 25,000 or more in a typical day of economic transactions and so there is some arguments to make and there is no reason we can’t reach that all time high for reaching a much larger audience at this time and have a lot more real world usage.  And, we have got some unique attributes today like the reallocation that is occurring and the block reward that is encouraging and also in terms of circulating supply, I think there are reasons we think we can get there.

However, Ryan Taylor, Dash Core Group CEO, reinstated that it is not a financial advice and that he does not know. However, the news about Dash has been fantastic.

DASH PrivateSend to CoinJoin

Are you going to rename private send, will this change any functionality? Yes, we are planning to rename Private Send in the next major release. We are actually leaning towards unbranding it as opposed to rebranding it. We are going to bring in a new kind of marketing with someone who is skilled in this area and presumably, they may have a point of view on it. It gives us some flexibility to rename it at some point in the future.

I think we are just leaning towards calling it just what it is and that is Coinjoin.  And that is the mechanism by which we deal with the regulatory issue as effectively as possible, but that also gives us the flexibility to name the feature at some point in the future, when we really had the opportunity to professionally analyze what the options are and how they resonate with consumers and that type of things so I think for now we will just un brand it and just call it Coinjoin.  The only change you will see is the change in the name on the Tab in the Wallet that is the only change.


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Steven Anderson

Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9

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