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Why Dash Could Be the Top Performing Altcoin in 2021

Team Bitcoin Daily

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Dash (DASH) is a cryptocurrency targeting the digital cash use case designed to offer everyone financial freedom. The payments-focused coin continues to see increased adoption as it facilitates the sending and receiving of payments swiftly and securely with near-zero fees.  

Since it launched in 2014, the crypto has seen steady growth in value, hitting an all-time high of $1540 in Dec 2017 according to CoinMarketCap. 

Dash developers built this coin based on the blockchain tech deployed by Bitcoin. However, it offers advanced functionality such as much higher transaction speeds than Bitcoin because it leverages a unique model that involves masternodes, incentivized nodes which perform special functions for the network.

Another improvement on Bitcoin is that Dash transactions can optionally be mixed making all coins equal and fungible and more difficult to trace, making them safe for consumers to use to purchase goods and services without sensitive data exposure.

The popular payments coin boasts a self-funding model that enables the network to fund any necessary improvements on the Dash technology. It also has a self-governing model that makes for a truly decentralized experience for users who can vote on any upgrades/alterations to the network’s core functionality, as well as funding projects and initiatives.

Dash has introduced a decentralized autonomous organization (DAO) mechanism that allows users to vote on critical decisions that determine the project’s direction.  

Dash Has the Edge Over Other Cryptocurrencies

Dash integrates a host of powerful features that give it an edge over other crypto assets such as Bitcoin and Litecoin. 

For one, the Dash cryptocurrency blockchain builds on the bitcoin system to introduce masternodes that complement miners’ work. The growing team of Dash masternodes is primarily responsible for enhancing the network’s security and facilitating transaction mixing (PrivateSend). 

This PrivateSend service enhances privacy in the Dash ecosystem, making it difficult to track transactions or find out users’ identities and balances, protecting them from risk of becoming a target for criminal activity such as theft and extortion. This feature is built into network infrastructure itself and is a massive advantage that Dash offers over the completely public Bitcoin ecosystem, which must rely on third-party services to protect consumers.

The network also rewards masternodes for ensuring that Dash transactions are as instant as cash transactions (InstantSend). Masternodes are also in charge of the governance and treasury system.

Dash solves the inherent problem of wide consumer adoption of Bitcoin with its InstantSend feature. It takes about 10 minutes for a BTC transaction to get confirmed under ideal circumstances, an issue that threatens to derail the mass adoption of the top crypto for everyday payments. 

On the other hand, Dash transactions are almost instant; on average, a transaction is confirmed by the masternode network in under 2 seconds using InstantSend, with a transaction becoming entirely permanent and irreversible within about 2.5 minutes thanks to the ChainLocks advanced security feature

Therefore, Dash improves on the Bitcoin network’s scalability by prioritizing on-chain scaling facilitated by a seamless and fully-incentivized infrastructure, with university research conducted specially for Dash showing that the network can handle transaction loads comparable to what modern payment networks such as VISA can handle today.

Why You Should Invest in the Dash Cryptocurrency

The price of Dash has skyrocketed by almost 40% in the last week, making it one of the best performing crypto assets at the moment. 

As a result of that surge, Dash currently has a market cap of over $1.6 billion as per data from CoinMarketCap. At the time of writing, the top payments-focused coin is up 11.3% to trade at $232.

               DASH/USD Chart By TradingView

The recent spike in the DASH/USD pair has excited the crypto community on Twitter, with one user calling for the price to soar as high as $1,000. 

Per the latest report from the Dash Core Group, the Dash cryptocurrency posted impressive growth in 2020. The blockchain network saw the total volume of payments reach $916 million, up 80% from 2019.

The Q4 2020 results highlighted a massive growth in average trade volumes from $9.8M to $37.4M, representing a 282% year-over-year jump. Commercial payment values on the Dash network also saw a tremendous increase, soaring 37.3% year-over-year and surpassing 22,000 transactions per day.

Dash Core Group also revealed that Dash adoption as a digital payment method across retail stores was rising. They noted that the payments coin outperformed BTC in terms of the number of retailers accepting digital payments in the US in January. 

Enhanced merchant adoption, along with the current strong market and technical fundamentals, make Dash one of the most lucrative crypto investments to keep an eye on in 2021.  

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Zeebu Takes ETHDenver by Storm as Cypher Sponsor, Presents ZBU Governance Hackathon with Prize Pool of Over $45K in Prizes, $2M in Grants

Crypto Chain Wire

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Zeebu’s participation and sponsorship at ETHDenver spotlight the future of DeFi and blockchain governance, setting a new standard for community and developer engagement.

Zeebu, a pioneering force in the DeFi and Web3 space, announces its participation as a Cypher Sponsor at ETHDenver, the world’s largest and longest-running ETH event, taking place from February 23rd to March 3rd. This sponsorship marks Zeebu’s commitment to nurturing the Web3 community, fostering innovation, and promoting the spirit of #BUIDLing. With a series of keynotes, hackathons, and unique community engagement initiatives, Zeebu aims to inspire and catalyze the next generation of blockchain brilliance.

“ETHDenver represents not just a community gathering, but a melting pot of ideas shaping the future of blockchain. We’re here to be a part of that future—to contribute, learn, and grow with the community,” says Raj Brahmbhatt, Founder and CEO of Zeebu. “Our involvement as a Cypher Sponsor underscores our belief in the power of community-driven innovation and our commitment to the DeFi ecosystem.”

At the heart of ETHDenver, Zeebu will be a participant and a significant contributor, supporting the future of blockchain and connecting with industry peers, innovators, founders, developers, and the broader Ethereum community. The event will feature Zeebu’s team delivering insights into the future of decentralized finance and Zeebu’s role in revolutionizing the telecom settlement process with Web3 technologies.

“DeFi is at an inflection point, and at Zeebu, we are at the forefront of harnessing its potential to transform industries. Our presentation at ETHDenver will shed light on where we see the space heading and how Zeebu is leading the charge in making these technologies accessible and impactful,” shares Keshav Pandya, Co-founder & COO of Zeebu.

Adding to the excitement, Zeebu announces an exciting lineup of events and initiatives, including:

ZBU Governance Innovation Hackathon

Zeebu is set to host the ZBU Governance Innovation Hackathon, challenging participants to create groundbreaking solutions for blockchain governance. With prizes totalling $48,000 USDC for the winners and special grants worth up to $2 million in ZBU tokens for budding projects, the hackathon represents a significant opportunity for developers and startups to impact the future of Zeebu’s blockchain ecosystem.

Booth Donation Initiative

Zeebu is donating its booth space to showcase emerging talents and projects, emphasizing support for the community’s growth.

Empowering Innovators: Sponsorship for Developers

By sponsoring over 100 developers, Zeebu aims to boost innovation and support new talents in the Ethereum ecosystem.

Zeebu’s Visionaries Share Their Insights

Raj Brahmbhatt and Keshav Pandya, Zeebu’s leading minds, are set to deliver talks on the transformative impact of DeFi and Zeebu’s role in shaping the future of payments technology.

The ten-day event will begin with ETHDenver’s flagship hackathon, dubbed #BUIDLathon, and progress into the Main Event beginning February 29, 2024. The event will feature an NFT gallery, gaming arcade, workshops, networking gatherings, and more.

For more information on Zeebu, please visit zeebu.com.

About Zeebu

Zeebu, the pioneering Web3 Neobank, having settled more than $900M in telecom transactions, is quickly emerging as a trusted payment and settlement partner for global telecom businesses. Currently serving over 100 active telecom carriers, the platform is revolutionizing the industry by introducing blockchain-based settlements and the ZBU loyalty token. The ZBU token facilitates instant and secure global transactions and rewards participants for successful settlements on the platform.

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Web3 Neobank Platform, Zeebu Unveils Major Token Burn Through Phoenix Protocol

Crypto Chain Wire

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Zeebu, the Web3 Neobank platform, has recently announced a strategic move to introduce the ZBU Phoenix Protocol. This initiative, aimed at optimizing token supply, underscores Zeebu’s commitment to build an ecosystem with a foundation of trust, backed by transparency and sustainability. 

Zeebu is a blockchain-based platform, specifically engineered for telecom transactions. It aims to revolutionize the sector by enabling automated settlements, facilitating seamless global payments, and bolstering efficiency and security through a unified telecom payment ecosystem. The ZBU token is a key component of the Zeebu platform. It plays a pivotal role in enabling smooth global transactions and introducing an on-chain loyalty mechanism. The ZBU loyalty token serves to incentivize and reward partners within the ecosystem for their active participation.

At the core of Zeebu’s ethos lies a steadfast commitment to revolutionizing finance and fostering sustainable growth. With the introduction of the ZBU Phoenix Protocol, Zeebu reaffirms its dedication to enhancing the long-term value proposition of the ZBU token in the market. The ZBU Phoenix Protocol, inspired by the symbolic cycle of rebirth and renewal associated with the phoenix, is meticulously crafted to strengthen the ZBU ecosystem’s health and stability.

The ZBU Token Burn Program is designed to systematically reduce the total supply of ZBU tokens, thereby enhancing market stability and fortifying the foundation of the Zeebu ecosystem. Through a carefully calibrated auto-burn mechanism, Zeebu will dynamically adjust the burn quantity based on consumption patterns and market prices, ensuring a balanced approach to token management.

Transparency and accountability are at the forefront of Zeebu’s operations. Each token burn event will be meticulously recorded and publicly accessible on the blockchain, providing stakeholders with full visibility into the process. Additionally, a portion of the tokens from the accumulated burning pool will be allocated towards new initiatives, further enriching the Zeebu ecosystem.

“The ZBU Token Burn Program reflects our commitment to innovation and sustainability in the decentralized finance space,” said Raj Brahmbhatt, the CEO and Founder of Zeebu. “By implementing this initiative, we aim to ensure a stable market presence of $ZBU token, while also promoting ecosystem growth.”

As Zeebu continues to spearhead innovation in the realm of decentralized finance, the ZBU Token Burn Program serves as a cornerstone of its strategic vision. By reducing token supply systematically and transparently, Zeebu is poised to create a more resilient and prosperous financial ecosystem for all stakeholders.

Zeebu is gearing up to release more specifics about the timeline and quantity for the ZBU token burn. The comprehensive information about the Phoenix Protocol can be found here.

About Zeebu:

‍Zeebu, the pioneering Web3 Neobank, having settled more than half a billion in telecom transactions, is quickly emerging as a trusted payment and settlement partner for global telecom businesses. The platform, currently serving over 100 active telecom carriers, is revolutionizing the industry with the introduction of blockchain-based settlements and the ZBU loyalty token. The ZBU token is designed to facilitate instant and secure global transactions and reward participants for successful settlements on the platform.

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una Messenger: The Omnichain Communication Platform For a Truly Unbound Universal Blockchain Ecosystem

Crypto Chain Wire

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  • New, evolved iteration of “PAPYRUS” token-gated messenger creates and links vast communities connected through tokens within the blockchain ecosystem
  • Upcoming “una Swap” feature facilitates asset swaps across multiple chains in a single transaction; “mudskipper” function automatically acquires native coins required to complete each transaction
  • unagi Naming Service (uNS) replaces lengthy wallet addresses with a unique personalized identity

una Messenger, the new, evolved iteration of the “PAPYRUS Messenger” token-gated communication platform, was revealed on February 11 by leading global web3 developer Wemade as the comprehensive communication platform of the WEMIX Foundation “unagi” omnichain initiative. unagi (shorthand for “Unbound Networking & Accelerating Growth Initiative”), pioneers the mass adoption of blockchain by seamlessly integrating diverse blockchains and services. 

Unbound and transparent communication

Going beyond its origin as a platform for WEMIX-based communities, una Messenger creates and links vast communities connected through tokens within the blockchain ecosystem. una Messenger offers both official channels for each token that any holder can join and private channels that are accessible based on each holder’s digital assets where you can chat about tokens, NFTs, and other various topics. This innovative communication approach for exchanging opinions and assets is done by connecting all blockchain networks and digital assets supported by unagi through either una Wallet, WEMIX Wallet, PLAY Wallet, or Wepublic Wallet.

The first step as una Messenger begins with the integration of Wepublic Wallet and DAO. The Wepublic platform launched by Wemade, which utilises blockchain technology, is a platform that allows users to create and transparently operate their own decentralised autonomous organisations (DAOs). With the inclusion of the Wepublic Wallet to the existing supported wallets, all DAOs active within Wepublic can now establish new communication channels using una Messenger. Moreover, SBT(Soul Bound Token) issued within DAOs will serve as Proof of Qualification for entering DAO channels in una Messenger, facilitating more active communication between DAO members in each channel.

una Messenger also promises to deliver much more vivid and meaningful communication via the upcoming live streaming chat feature. Live Streaming will not only help boost interaction and engagement between users, but also build and expand the shared communities connected through una Messenger. 

New omnichain interactive DeFi features

The upcoming “una Swap” feature facilitates asset swaps across multiple chains in a single transaction. Now, both ideas and assets can be easily exchanged across all chains within the networks supporting the unagi initiative including Arbitrum, Avalanche, BNB Chain, Ethereum, Optimism, Klaytn, Kroma, Polygon and WEMIX3.0. 

una Swap 2.0 will introduce the “mudskipper” function designed to streamline asset transfers across multiple chains while alleviating concerns about possessing network-specific native coins required for gas fees. Simply put, “mudskipper” will automatically process cross-chain swaps and transactions by acquiring the native coins required to complete each transaction.

Another una Messenger innovation, the unagi Naming Service (uNS) will revolutionise user experience by providing a convenient solution that allows users to replace lengthy wallet addresses with a unique personalised identity. This not only simplifies asset exchanges but also fosters a more engaging communication environment.

With the introduction of innovative features like una Swap and live streaming, and a novel approach to omnichain interactive DeFi, una Messenger has evolved into a unified communication platform that enables the creation of immersive and dynamic user experiences. una Messenger is the one and only communication platform for a truly unbound universal blockchain ecosystem.

Download una Messenger from the Google Play Store or Apple App Store, or visit www.unamessenger.com for more information.

About Wemade 

WEMADE aims to accelerate the mass adoption of blockchain technology, and is building through its WEMIX subsidiary, an experience-based, platform-driven, and service-oriented mega-ecosystem. Based on the WEMIX3.0 Mainnet, the WEMIX ecosystem features a wide spectrum of intuitive, convenient, and easy-to-use Web3 protocols and services. www.wemade.com / www.wemix.com/communication 

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