The good news keeps on rolling in for the Dash cryptocurrency community. Mycelium, one of the leading mobile cryptocurrency wallet providers, has integrated Dash into its services. This move lets users store Bitcoin and Dash in the same secure environment, with no further software needed. But there is more, as users can buy and sell Dash directly through the wallet as well.
Dash Support Is Coming To Mycelium
Dash has been captivating audiences all over the world as of late. With its strong focus on secure technology and anonymity features, it is not hard to see how this cryptocurrency became the eighth most valued currency in the world. Moreover, this entire project is managed by self-funded, and governed by over 15,000 users in a decentralized manner.
Mycelium CEO Alexander Kuzmin explained the decision as follows:
“We benefit from giving our customers direct easy access to one of the most popular cryptocurrencies after Bitcoin, while setting up the Mycelium wallet to be a true multicurrency wallet. Dash benefits from being implemented into the world’s most popular, secure, and trusted wallet, with the backing of a company with an impeccable reputation. Dash has a team of highly skilled developers and we are extremely happy to be partnering with them. Together we will become an even larger force in the cryptocurrency space, its our goal to give customers a mainstream, easily adaptable digital wallet that will stand the test of time.”
Similar to the Bitcoin ecosystem, Dash has a lot of nodes protecting the network and processing transactions. With over 4,000 Masternodes in existence right now, the network is very secure and resilient against attacks. Moreover, the Masternode system allows Dash holders to monetize their bandwidth and computer hardware. Proposals can be submitted by and voted on by the community, and if approved, payments are made directly from the blockchain.
Daniel Diaz, the VP of Business Development for Dash, told the media:
“Mycelium is the bitcoin wallet veteran and one of the most widely used digital wallets. They are leaders in the space and as the industry evolves they have a vision of becoming a hub for crypto financial services. We are very excited to be partnering with Mycelium so that their fantastic user base can take advantage of Dash’s innovative features. Thousands of people are using Dash because we have a strong, stable alternative to bitcoin, perfectly suited to the mobile user.”
The official release of the updated Mycelium wallet with Dash integration is scheduled for october 2016. At that time, the Mycelium wallet will unveil redesign, as a more modular and simpler system is implemented. An exciting development for the Dash ecosystem, that much is certain.