Charlie Shrem Partners with Dash DAO to Produce Dash-Branded Debit Card
Early Bitcoin pioneer Charlie Shrem, co-founder of now-defunct Bitcoin exchange BitInstant, is pursuing a new venture, a Dash-branded and Dash-accepting debit card. Rather than seeking startup funding through more traditional means, however, Shrem has instead sought funding directly from Dash itself. Instead of the entirety of the block reward going to miners like most other coins, Dash gives 45 percent to masternode stakeholders, and 10 percent is set aside for development and other community projects. As this card would constitute a community project to grow Dash’s ecosystem, Shrem....
Related News
Shake provides support for Dash, Gatecoin draws “first blood,” and ShapeShift will bring altcoins to debit cards. Want to catch up on your latest altcoin news? Read the stories below. SHAKE, RATTLE & DASH: DEBIT CARDS ON THE WAY. Bitcoin debit card provider Shake is adding Dash support to its platform, allowing customers to use Dash to purchase goods and services. Dash is labelled as the world’s seventh strongest digital currency. VP of business development at Dash Daniel Diaz expressed enthusiasm over the move, stating: “This is a very exciting financial option for the Dash community.....
Nearly any cryptocurrency — especially Dash — could be expanded on for hours without ever repeating one’s self. But when it comes to the basics, all necessary information is short and sweet. These 10 points are must-knows about Dash, and everything else is small details. 10 Things You Need to Know About Dash. 1 — Dash was launched in January 2014 – then called Darkcoin – by developer Evan Duffield, whose ideas about privacy didn’t find much traction among Bitcoin’s core developers. Hence the coin’s distinguishing feature: a protocol-level, trustless mixing service called DarkSend, soon to....
This and other changes come as part of the protocol’s recent mainnet upgrade. Dash Core Group, the entity responsible for developing the privacy-focused coin DASH, publicized fresh changes to the asset's proof-of-stake network on Sept. 30. "Dash Core v0.16.0.1 binaries are released and ready for deployment on mainnet by node operators," said an announcement on Medium from Pasta, one of Dash Core Group's Developers. "This is a major release and is a mandatory upgrade for all miners and masternodes."The network update improves the DASH ecosystem in a number of ways, including methods for....
A little while ago, we introduced our loyal readers to E-Coin, a company selling Bitcoin debit cards which are available right now for a very modest fee. Earlier today, I received a new email from the E-Coin team regarding the new design of its Bitcoin debit card, which marks the first step towards issuing branded cards. Due to banking relations with MyChoice Corporate in Gibraltar — a subsidiary company of Wave Crest Holdings Ltd. — E-Coin can not yet issue branded Bitcoin debit cards. Customers who already own an E-Coin Bitcoin debit card will have received a black card with the MyChoice....
Editor's Note: Charlie Shrem has responded publicly by clarifying that he has not been banned from any conferences. A misreading of events caused by verbiage which CCN profusely apologizes for initially printing. Shrem has responded to CCN inquiries from earlier today and will release a full statement on the happenings soon. CCN wishes Charlie Shrem the best of luck in his 9/22/14 trial, his case has been previously written about here. Charlie Shrem's favorite picture of Charlie Shrem. Embattled former Bitcoin Foundation member Charlie Shrem has faced his share of legal trouble with the....