Recently, the silence of the Dash Core Group (DCG) development team was broken. In a blog post on Medium, DCG CEO Ryan Taylor stated that Dash is completely stable.
Taylor explained that Dash has sufficient capital to withstand the bearish market trend. During the quarterly earnings call, DCG's holdings were valued at $1.79 million.
He also noted that demand for Dash is increasing. Taylor reported that Dash wallet downloads have increased significantly, trading volume remains impressive, and the company has entered into a partnership with international payment processor.
At the time of writing, the value of Dash is growing, currently it is $68.94, and the company's market capitalization is $586,115,526.
Taylor also added that the cryptocurrency markets are suffering mainly due to the hash war between Bitcoin Cash ABC and SV.
A recent stress test showed that Dash can scale to any limits. The test showed impressive results, in 24 hours the network processed 3 million transactions. This means that the Dash network reached 35 transactions per second, which is 4 times faster than the previous stress test.
According to zerocrypted.com
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