Dash is no longer as private as it seemed.
dashcoin privacy

Dash is no longer as private as it seemed.

By Makingdigital | makingdigitals | 8 Jan 2021


Exactly on January 1st, I announced, coincidentally here on Publish0x, that Bittrex was going to delist the cryptocurrencies Monero, Zcash and Dashcoin. Presumably for its famous apology for privacy and hiding user data when they transact with them.

This led to slight reductions in token prices and distrust of investors. In the United States, they are getting very fussy about the regularization of cryptocurrencies and all that cryptocurrency that does not presume full transparency will be exposed.

Dashcoin tried to make up its project on Twitter by stating that its currency compared to Bitcoin offers the same privacy and that there is nothing to worry about. It's hard to believe when Dashcoin has always proclaimed from the rooftops that they were the most iconic currency in terms of privacy.
To calm the waters they asked for an audience with Bittrex with the intention that they keep the cryptocurrency on the list.

Finally, Dash has clarified that it is logical that the exchanges worry about the activations of the relevant KYC when carrying out transactions with cryptocurrencies and that cryptocurrencies that advocate for user privacy generate suspicion among investors. Dash includes privacy enhancements only that do not differentiate it from Bitcoin.

To confirm their comment, they took the opportunity to promote their new Dashpay application, a digital wallet for making payments on social networks with cryptocurrencies.

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Makingdigital
Makingdigital

Entrepeneur, writer and Cryptolover


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