September 18, 2019 8:28 am

Coinbase Pro Confirms Dash Deposits 12 Times Faster Than Bitcoin

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Dash deposits have been added to Coinbase Pro, which recognizes them as confirmed and secure after two confirmations, or 12 times faster than Bitcoin.

Announced last week, Coinbase Pro, the major US-based cryptocurrency exchange behind the popular app Coinbase, has enabled Dash deposits and withdrawals, with trading set to begin this week once enough liquidity has been established. Most notably, Dash deposits to the platform are accepted after only two blockchain confirmations, significantly fewer than what the platform requires of other competing cryptocurrencies. This is likely due to the recent activation of ChainLocks, a method to protect the network against 51% attacks.

This acceptance of Dash after only two confirmations means that Dash deposits are considered as secure by the platform far faster than Bitcoin. Coinbase currently requires six confirmations for a Bitcoin transaction……………

 

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Author: Dash News
Original link: https://dashnews.org/coinbase-pro-confirms-dash-deposits-12-times-faster-than-bitcoin/


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tungfa

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tungfa is responsible for social media communications, and posts both original stories and links to news coverage of Dash from around the web.