22 Nov Dash Is Ideal Cryptocurrency for Payments
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VegaWallet’s co-founder believes that Dash is the ideal cryptocurrency for payments due to its instant settlement capabilities from InstantSend and ChainLocks.
Wire Transfer: 3-5 Days
Paypal: 21 days before money can be freely moved.$Dash: Instant
Tell me again how there are no real use cases for $crypto in payments ðŸ¤
— ₿allou (@MrBallou) November 20, 2019
In a recent post on Twitter, Jacob Ballou, co-founder and Chief Creative Officer of cryptocurrency wallet and merchant solution VegaWallet, compared payment finalization rates between various financial services including PayPal and bank wire transfer, many of which can take as little as three days and as many as several weeks to permanently settle, against Dash, which settles permanently within a couple of seconds. Ballou elaborated that while much of this advantage is true of several other major cryptocurrencies, which he supports, Dash’s technology is uniquely suited to the instant settlement payments…
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