Mycelium Becomes Largest Software Wallet to Integrate Dash

July 21, 2016 by
Mycelium Becomes Largest Software Wallet to Integrate Dash

Mycelium, one of the world’s first and top rated software wallets, has today announced its integration with Dash, an open source, decentralized digital currency.

The integration will permit Mycelium users to buy, sell, and hold Dash, whose one-of-a-kind characteristics include extremely low fees, advanced encryption, instant transactions, and optional payment privacy through pool mixing technology.

Dash at the moment has a market cap of $56 million, which is the eighth most valued cryptocurrency in the world.

Dash is managed by a self-funded, self-governed organization compromised of over 15,000 users, moving half a million dollars across the network every 24 hours. Miners verify 4,000 master nodes protect transactions and the system across the world.

Dash’s in-built governance and funding system allows project to be proposed and voted on by the community, and if approved, paid for directly from the blockchain.

Daniel Diaz, Dash VP of Business Development commented: “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.”

Mycelium’s integration of Dash will play a part starting in October.

It aligns with their current wallet redesign, where they are implementing a more modular and simpler system to support more open source technologies.

Mycelium CEO Alexander Kuzmin said: “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, it’s our goal to give customers a mainstream, easily adaptable digital wallet that will stand the test of time.”

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