Mark Mason
Well-known member
Does Dash Meet the Coinbase GDAX Digital Asset Framework Criteria?
Coinbase is the largest, most important, exchange in the United States. Including Dash would be beneficial to both Dash and Coinbase’s customer base. Since Coinbase has come out with a more empirical process, I decided to measure Dash to their standard of acceptance. As you will see below, Dash more than meets their requirements, and considering Dash’s role in the world of cryptocurrencies, I contend it is the most obvious “next coin” to add.
TL;DR – The summary
It makes sense for Coinbase to offer Dash as one of its premier tradable currencies.
Coinbase effectively evaluates based on…
Tradability and popularity
The maturity of technology, leadership, community, documentation, and governance
Confidence in longevity: technically, future tradability, decentralization, etc.
Future roadmap and innovation
Lack of legal entanglement and more currency than security
Little to no conflicts of interest associated with funding
3rd party assessment and analysis of design, governance, and process
3rd party interest in expansion: merchants, developers, partnerships, etc.
When viewed through this lens, Dash is a prime candidate for Coinbase to add to its set of supported tradable assets. Just to touch on a sampling of how Dash addresses these criteria, let me respond in the order given above.
In summary, Dash…
Read more: https://www.dashforcenews.com/dash-and-coinbase/
Coinbase is the largest, most important, exchange in the United States. Including Dash would be beneficial to both Dash and Coinbase’s customer base. Since Coinbase has come out with a more empirical process, I decided to measure Dash to their standard of acceptance. As you will see below, Dash more than meets their requirements, and considering Dash’s role in the world of cryptocurrencies, I contend it is the most obvious “next coin” to add.
TL;DR – The summary
It makes sense for Coinbase to offer Dash as one of its premier tradable currencies.
Coinbase effectively evaluates based on…
Tradability and popularity
The maturity of technology, leadership, community, documentation, and governance
Confidence in longevity: technically, future tradability, decentralization, etc.
Future roadmap and innovation
Lack of legal entanglement and more currency than security
Little to no conflicts of interest associated with funding
3rd party assessment and analysis of design, governance, and process
3rd party interest in expansion: merchants, developers, partnerships, etc.
When viewed through this lens, Dash is a prime candidate for Coinbase to add to its set of supported tradable assets. Just to touch on a sampling of how Dash addresses these criteria, let me respond in the order given above.
In summary, Dash…
Read more: https://www.dashforcenews.com/dash-and-coinbase/