20 October 2020
Dash platform plans to move in the cloud system and abandon the use of the addresses in transactions. This information was shared by its CEO, Ryan Taylor. He said that the Dash platform aims to streamline the way users send or receive funds. The users will be able to send and receive the funds via username and blockchain identity instead of the cryptographic address.
Dash platform wants to make a better user experience. The CEO stated that new Dash’s developments should improve the efficiency of the Dash system. The platform will also host a DApp API and a decentralized storage system.
Dash platform creators want to develop a decentralized blockchain solution. The platform aims to allow users to make transactions based on their usernames eliminating the third-party service.
Crypto transactions include cryptographic addresses and they are very long and contain risks of losing them or even worse losing the cryptos. There is risk involved in both scenarios whether the users store it themselves or use a third-party solution.
Dash platform will offer access with usernames and facilitate connecting with other users via a ubiquitous “friend request” form. When the user receives the request the users will be allowed to make transactions between each other without using cryptographic addresses.
This new development will both help crypto adoption even beyond the technophile users. It also reduces the security risk. In the press release, Taylor said that the Dash Platform allows data to sync across devices.