WATCH: Dash CEO Looks Forward to Stability and Adoption

Dash Core Group CEO, Ryan Taylor, sat down to speak with CoinDesk to discuss the recent spate of exchange listings for Dash.

AccessTimeIconOct 5, 2019 at 1:00 p.m. UTC
Updated Aug 18, 2021 at 12:21 p.m. UTC

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

, one of the top-20 cryptos by market cap, has picked up momentum over the past month with five new exchange listings.

  • Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
    13:18
    Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
  • Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
    05:10
    Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
  • The first video of the year 2024
    04:07
    The first video of the year 2024
  • The last regression video of the year 3.67.0
    40:07
    The last regression video of the year 3.67.0
  • Coinbase, Coinbase Pro, and local exchanges in Mexico, Brazil and Switzerland have bucked the trend against delisting so-called privacy coins and added Dash to their listings.

    Dash Core Group CEO Ryan Taylor recently sat down with CoinDesk to discuss the recent spate of announcements and take the temperature of Dash’s decentralized network.

    “There's kind of a natural equilibrium that occurs over time and we're kind of there right now,” Taylor said, referring to the network of masternodes that provide a second layer of security.

    This stability comes in the face of growing adoption both at the consumer and exchange level. As more exchanges list Dash, the potential avenues for trading widen. Taylor said Dash’s instantaneous transaction validation opens up the possibility of arbitrage, or taking advantage of price differences, between exchanges. And that’s a good thing for everyone, in his view.

    “Arbitrage helps with price stabilization not just for Dash but for any pairing,” Taylor said. “That's obviously economically valuable for exchanges.”

    https://youtu.be/NpegVoPQ0DE

    Dash’s technical features that allow high-speed trading also make it a convenient coin at the consumer level, Taylor said:

    “We've really addressed a lot of the new user experience issues, and made it much more fluid experience for paying, especially at the point of sale where time really matters.”

    Concluding the discussion on the recently announced Crypto Rating Council, Taylor said the initiative put forward by Coinbase addresses a lack of guidance at the regulatory level.

    “I applaud the effort. I think that it helps to bring some level of clarity to the market and at least makes out a position that people could begin to debate and challenge,” Taylor said. “But I think that there's only so much the exchanges can do. There is also a potential for perceived or real conflicts of interest.”

    Dash Core Group CEO Ryan Taylor Screenshot via YouTube

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.