This post is also available in: deDeutsch

This week has been another very productive week for Dash with plenty of integrations, developments, and other news. Continuing reading to get a summary of the week.

Dash Network Developments of the Week:

  • Over 1,000 Have Paid With Dash for Car Parking At Venezuela Shopping Mall: A shopping mall parking garage in Venezuela that recently began accepting Dash payments has now processed over 1,000 payments in Dash, averaging 23 transactions per day. The ongoing economic crisis and hyperinflation occurring in Venezuela has created many pain points for everyday services due to inefficient payment processing. Payments to parking terminals in particular reportedly can take up to an hour to finalize, significantly increasing the delay in exiting a location. By taking advantage of Dash’s instant and permanent settlement, customers are able to pay and exit in a matter of seconds instead.

Dash Integrations of the Week:

  • Dash Integrated Into Venezuelan Pharmacy Chain Farmarket With 22 Locations: Farmarket, a 22-location Venezuelan pharmacy franchise, has added Dash as a payment option thanks to a partnership with Xpay, increasing Dash adoption in Venezuela. This is a significant integration for Dash as Farmarket claims to have over 250,000 monthly customers. The integration is being debuted with a pilot at a few select stores in the Caracas area, with a full rollout to all 22 locations nationwide planned by the year’s end. This integration will allow Venezuelans to use Dash to purchase pharmaceuticals, personal care products, and more through the XpayCash payment terminal.
  • Pharmacy and Venezuelan Solidarity Symbol Farmarato Accepts Dash: Cryptobuyer has partnered with Venezuelan pharmacy and solidarity icon Farmarato, enabling Dash payments for medical supplies in Venezuela. In addition to expanding the usage of Dash in Venezuela, the Farmarato integration also holds a special cultural significance. According to Cryptobuyer CEO Jorge Farias, the partnership is very important for Venezuelans due to its history and significance during the difficult times the country has experienced recently.

Dash Core Group Project Updates of the Week:

Here’s an update from Liz Robuck, Chief Product Owner, on what’s going on at Dash Core Group this week.

  • ⏩ Implemented a few fixes to enable instant re-spends in the Dash QT (Core) wallet
  • 📚 Added various fixes to include Dash-specific fields in the results of certain RPC commands, like transaction type and InstantSend status
  • 🧚‍♂️ Built the client library for the Dash Platform Naming Service (“DPNS”), which will allow application builders to take advantage of this DNS-like feature for Dash Platform
  • 🐛 Fixed a few bugs on the latest Dash Platform devnet

General News of the Week:

  • Chainalysis Reports Most Cryptocurrency Mixed For Personal Privacy Not Illicit Purposes: Mixed private bitcoin and cryptocurrency transactions are largely not being used for nefarious purposes according to blockchain analysis firm Chainalysis. The largest source of funds sent to mixers at 40% is allegedly exchanges, representing verified users withdrawing their funds, likely pursuing greater privacy. According to senior product manager of data at Chainalysis Hannah Curtis, this is likely a simple personal choice for privacy rather than illicit use.
  • Bitcoin Lightning Network Statistics Show Signs of Stalling: The Bitcoin Lightning network has shown signs of lost momentum across several statistical metrics. According to several key metrics pulled from BitcoinVisuals, the Lightning network, Bitcoin’s main off-chain transaction solution touted as a potential remedy to scaling issues, appears to have lost momentum in growth and maturity. It terms of number of active nodes the network experienced consistent growth in the first part of this year, growing from 2,329 at the beginning of the year to 4,120 at the beginning April, approximately a 77% growth over those three months. As of August 19th, the node count stands at 4,744, a much more modest 15% growth over a 50% longer timeframe.

Dash Media of the Week:

Dash continues to power ahead with integrations and developments that help contribute towards making Dash become digital cash. Be sure to follow Dash News to see the future integrations and developments that are coming soon.