RATE Group | Dash’s Ryan Taylor Believes Instant Cryptocurrency Confirmations Can Solve Volatility
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Dash’s Ryan Taylor Believes Instant Cryptocurrency Confirmations Can Solve Volatility

21 Nov Dash’s Ryan Taylor Believes Instant Cryptocurrency Confirmations Can Solve Volatility

Posted at 18:22h in Cryptocurrency News by

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Ryan Taylor, CEO of the Dash Core team, believes that instant cryptocurrency confirmations, such as those provided by Dash’s InstantSend and ChainLocks, can help solve the persistent issue of market volatility as expressed on a recent episode of the Abra Money 3.0 podcast.

In a recent interview with Abra founder and CEO Bill Barhydt on the Abra Money 3.0 podcast, Taylor elaborated on the issue of market volatility, which affects Dash more significantly than Bitcoin due to its smaller market capitalization, saying that he believes that instantly-confirmed transactions can balance out the issue of volatility:

“The volatility issue is real. It’s even more real for a smaller cryptocurrency like Dash, which has about 25% higher volatility than Bitcoin does. One of the advantages that Dash has is its speed, however, because volatility over time can be reduced if the time itself is compressed. When we have exchanges that honor InstantSend transactions, or honor one…

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