The crypto exchange platform Dash reveals the launch date of the new payment wallet for android users across the world. In our latest Dash news today, we find out more about the new wallet design.
The Dash wallet can now be accessed by any customer that owns an Android mobile device. The announcement read:
“The users will find a beautifully designed #Dash Wallet on their #android devices after updating.’’
Additionally, there seems to be a lot more work that goes into the creation process of the wallet and making it more secure, easier and faster. Unlike the traditional blockchains where the users have to wait for block confirmations for the transaction to go through, Dash reveals a new model that will speed things up by using Masternodes. The network of the master nodes verifies whether the funds in a transaction have not been spent and it will validate a transaction in 1-2 seconds.
The dash wallet is equipped with PrivateSend features which make it possible to maximally use the coin’s fungibility. The Dash group was founded back in 2014 by Evan Duffield and witnessed huge growth over the years. The release of the upgraded version of the platform also made the platform even more popular. Dash upgraded from its initial Evonet platform. According to Dash, the wallet upgrade corresponds with the promise to make better updates in the near future. This upgrade also ensures the users to try out the software in other environments apart from the native network. The developers will also have the option to try it out in a privately owned devnet.
There was another partnership recently that Dash made with the Singapore-based crypto exchange Pionex. This partnership provided Dash with a huge advantage on the Asian Crypto space. The platform is also regulated by the FCA which is one of the top financial regulators in the UK. Also as per the recent Dash news, the Dash Android wallet usage is surging and the cryptocurrency is used for more low-cost everyday payments. Citizens of Venezuela are increasingly using this token for their domestic as well as cross-border payments. There are affordable Android-based smartphones linked to the Dash cryptocurrency and acting as a hardware basis for the system. Thus, the statistics for the Dash wallet app usage are a reliable indicator of crypto adoption.
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