{"id":38921,"date":"2019-09-18T08:18:40","date_gmt":"2019-09-18T08:18:40","guid":{"rendered":"https:\/\/www2019.dash.org\/?p=38921"},"modified":"2021-09-18T11:43:02","modified_gmt":"2021-09-18T11:43:02","slug":"cryptotokentalk-episode-210","status":"publish","type":"post","link":"https:\/\/www.dash.org\/news\/cryptotokentalk-episode-210\/","title":{"rendered":"Cryptotokentalk : Episode 210: Dash Payments with Michael Seitz"},"content":{"rendered":"<p>Click\u00a0<a href=\"http:\/\/cryptotokentalk.libsyn.com\/episode-210-dash-payments-with-michael-seitz\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"here (opens in a new tab)\">here<\/a>\u00a0to listen!<\/p>\n<p>Today\u2019s guest is Michael Seitz, Marketing Manager at Dash Core Group. He lives in San Diego and first learned of cryptocurrency in 2012. Dash is a payment-focused cryptocurrency whose team introduced the idea of master nodes to the crypto landscape. Master nodes work by having major stakeholders park their Dash on a second server and earn Dash for providing the essential network service of verifying transactions.<\/p>\n<p>Michael began researching crypto seriously in 2014, and actually made his first purchase with the help of the Second Life game. He explains the path he took to eventually end up working with Dash and provides reasons why Dash is superior to other cryptocurrencies. Unique among cryptos, any amount of Dash can be sent to anyone, anywhere in the world, in just one second and for about a penny in fees. Dash\u2019s low fees and speedy transaction times creates a sharp contrast with bitcoin, whose fees increase in-line with the price of the currency. Research suggests Dash would scale well as a global payments network.<\/p>\n<p>The biggest market for Dash thus far has been Venezuela and surrounding countries because of the hyperinflation experienced there. We also hear about how partner businesses, such as Crypto Mobile, have been instrumental in Dash adoption in Latin America. We return to the topic of why Dash is referred to as the \u201cgranddaddy of governance,\u201d and Michael does a deep-dive into the distinction between Dash Core Group and the Dash cryptocurrency. Impressively, Dash is one of the most decentralized cryptocurrencies with on average between 4800 and 5000 master nodes operating at any given time. To the question of how to learn more about crypto projects, Michael underlines the importance of doing your own research and reading white papers.<\/p>\n<p><strong>Topics covered:<\/strong><br \/>\n\u2013 How Michael first discovered cryptocurrency.<br \/>\n\u2013 The crypto miner that Michael built using a milk crate.<br \/>\n\u2013 An explanation of master nodes.<br \/>\n\u2013 Aspects that make Dash superior to other cryptocurrencies.<br \/>\n\u2013 Where Dash can be bought, and which wallets can be used to store it.<br \/>\n\u2013 Markets that Dash has gained traction in and why.<br \/>\n\u2013 Cell phones that come with the Dash wallet pre-installed.<br \/>\n\u2013 Dash\u2019s approach to helping vendors accept their cryptocurrency.<br \/>\n\u2013 The adoption of Dash compared to other cryptocurrencies.<br \/>\n\u2013 Governance in the Dash network.<br \/>\n\u2013 Deep-dive into Dash Core Group and how it works.<br \/>\n\u2013 Learning about cryptocurrency projects.<\/p>\n<p><strong>Links to Resources:<\/strong><br \/>\nDash Website:\u00a0<a href=\"https:\/\/www.dash.org\/\">https:\/\/www.dash.org\/<\/a><br \/>\nDash Blog:\u00a0<a href=\"https:\/\/blog.dash.org\/\">https:\/\/blog.dash.org\/<\/a><br \/>\nBuy Dash on:\u00a0<a href=\"https:\/\/uphold.com\/\">https:\/\/uphold.com\/<\/a><br \/>\nMichael on Twitter:\u00a0<a href=\"https:\/\/twitter.com\/sdseitz\">https:\/\/twitter.com\/sdseitz<\/a><br \/>\nMichael on LinkedIn:\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/sdseitz\">https:\/\/www.linkedin.com\/in\/sdseitz<\/a><br \/>\nTo Learn More About the Dash Core v0.14.0.3 Release:\u00a0<a href=\"https:\/\/blog.dash.org\/overview-of-mainnet-stress-test-and-dash-core-v0-14-0-3-release-db6b978da42c\">https:\/\/blog.dash.org\/overview-of-mainnet-stress-test-and-dash-core-v0-14-0-3-release-db6b978da42c<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Click\u00a0here\u00a0to listen! Today\u2019s guest is Michael Seitz, Marketing Manager at Dash Core Group. He lives in San Diego and first learned of cryptocurrency in 2012. Dash is a payment-focused cryptocurrency whose team introduced the idea of master nodes to the crypto landscape. Master nodes work by having major stakeholders park their Dash on a second&#8230;","protected":false},"author":5,"featured_media":38922,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[216],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cryptotokentalk : Episode 210: Dash Payments with Michael Seitz - Dash<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dash.org\/news\/cryptotokentalk-episode-210\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cryptotokentalk : Episode 210: Dash Payments with Michael Seitz - Dash\" \/>\n<meta property=\"og:description\" content=\"Click\u00a0here\u00a0to listen! Today\u2019s guest is Michael Seitz, Marketing Manager at Dash Core Group. He lives in San Diego and first learned of cryptocurrency in 2012. Dash is a payment-focused cryptocurrency whose team introduced the idea of master nodes to the crypto landscape. Master nodes work by having major stakeholders park their Dash on a second...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.dash.org\/news\/cryptotokentalk-episode-210\/\" \/>\n<meta property=\"og:site_name\" content=\"Dash\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DashPay\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/DashPay\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-18T08:18:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-18T11:43:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/media.dash.org\/wp-content\/uploads\/Screen-Shot-2019-09-18-at-4.17.45-PM.png\" \/>\n\t<meta property=\"og:image:width\" content=\"803\" \/>\n\t<meta property=\"og:image:height\" content=\"778\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"tungfa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Dashpay\" \/>\n<meta name=\"twitter:site\" content=\"@dashpay\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"tungfa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.dash.org\/news\/cryptotokentalk-episode-210\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.dash.org\/news\/cryptotokentalk-episode-210\/\"},\"author\":{\"name\":\"tungfa\",\"@id\":\"https:\/\/www.dash.org\/#\/schema\/person\/220582bbf3006c2a9924ed46921386b5\"},\"headline\":\"Cryptotokentalk : Episode 210: Dash Payments with Michael Seitz\",\"datePublished\":\"2019-09-18T08:18:40+00:00\",\"dateModified\":\"2021-09-18T11:43:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.dash.org\/news\/cryptotokentalk-episode-210\/\"},\"wordCount\":453,\"publisher\":{\"@id\":\"https:\/\/www.dash.org\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.dash.org\/news\/cryptotokentalk-episode-210\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/media.dash.org\/wp-content\/uploads\/Screen-Shot-2019-09-18-at-4.17.45-PM.png\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.dash.org\/news\/cryptotokentalk-episode-210\/\",\"url\":\"https:\/\/www.dash.org\/news\/cryptotokentalk-episode-210\/\",\"name\":\"Cryptotokentalk : Episode 210: Dash Payments with Michael Seitz - 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