The Dash Wallet: The new iOS coin purse

The number of users using Bitcoin is increasing daily, due to the immense popularity it has gained in recent times, mainly this year, when the thousand dollar barrier was broken by the digital phenomenon of crypto codes.

IOS has not been left behind, and has adapted to the criptocoins revolution, because it created the Dash Wallet, a purse able to secure your bitcoins with supreme protection and confidence.

Although initially Dash generated much skepticism among users of digital coins, its features have been opening up an excellent space within the scope of the criptocoins, which has resulted in those, who at first criticized, now Show a great interest in its benefits, recognizing it now as an alternative payment, for sublime concepts of goods and services through mobile devices and points of sale.

 

Last week Apple announced that it would allow the use of Dash through devices and applications, a decision of the utmost importance knowing that at first the software company announced that it would not interfere in this market because it could lend itself to illicit movements and businesses.

The app is already in the iOS App Store, and we can download it for free. After having it in our mobile phone we can configure it from the beginning, choose the language, and decide if we want to recover or create a new portfolio.

After doing this, the software will proceed to generate a recovery phrase composed of a total of 12 words (better known as Seed code), with which we will have the possibility to recover our portfolio and our assets in the event of any eventuality occurring with The device in which it is to be installed (Theft, destruction or formatting thereof).

The process is simple, since later we will have to create a Dash code, which will fulfill the password function to open your wallet and with this you can carry out the necessary transactions.

Bitcoin has been on smart platforms for some time now, and in India several companies like Zebpay, Bitxoxo, Unocoin and more have already issued their application for buy bitcoins in India.

The New Bitcoin Alliance

     A new rumor is going around the world about some expectations that Bitcoin is giving. Apparently the first of August is an important date for cryptocurrency since it is about to split in two because of a technical modification in the system in charge of mobilizing daily operations that experts have already cataloged as "bifurcation process." That has meant that a new currency would be born called Bitcoin Cash that in principle will not alter the price of cryptocurrency.

     Several analysts consulted by other people and clients have agreed with Bitcoin's opinion and agree to the division of cryptocurrency. Some of them have done more in-depth research and have shown that when the cryptocurrency is split it will maintain the price of the original Bitcoin it is handling at the time as the new alternative, Bitcoin Cash will be between ten or fifteen times the other. Those who before the update are holders of this currency will have the same amount in both. This means they will have twice the same amount in different cryptocurrencies.

    The aim of this division is to overcome certain barriers that Blockchain has placed. Bitxoxo, an important Bitcoin Exchange in India has manifested itself in a way contrary to this division because they claim that many subscribers will lose. On the other hand, the users of the Best Bitcoin Exchange support this decision as they could Buy Bitcoin making a direct deal with people without having to be connected to a computer.

     Bitcoin has some limitations such as making only four transactions per second. Some of the Best Bitcoin Exchange allow up to 5. Until a while ago this was not a problem but the high demand that has had the digital currency has come to collapse some platforms. This division could lighten this problem a bit and allow people to do their transactions with both cryptocurrencies.

     Bitcoin Cash is an opportunity to demonstrate the growth and acceptance that the digital currency has had around the world. So much so that the extension will be made to another cryptocurrency directly linked to the original Bitcoin so that users can feel confident and secure.

Some recommendations to Indian users about August 1^st.

Bitcoin software update will be launched next week and everybody is at the expectative about what is going to happen with Bitcoin. Will it collapse? Split? Advance? There are many theories about what is going to happen with the cryptocurrency, but the question is what can do the investors and Bitcoin traders in India? And what is the position of the companies with the best Bitcoin exchange in India? Easy, companies are recommending their customers and users to stop their transactions during the previous day to the update and the next day to it for avoiding any problem if the system is unstable during those days. 

For example, the company Unocoin has planned the suspension of its services for about 72 hours until the situation could be clearer and all inversions and transactions could be secure for the best of their clients and Bitcoin exchange. Moreover, Bitxoxo, the company with the fastest Bitcoin exchange in India, is prepared to upgrade their technology and security standards of their interface any of the cases that could be presented on the expected date. However, they are ready to suspend all operations just to avoid any lamentable consequence for being active during the date. Another company that does not expect a hard fork but will stop for the same reasons as Bitxoxo and Unocoin is Zepbay. 

Since the consequences of the updating to SegWit are still unknown, it is better not to risk investments during those days and do not sell bitcoins or buy them in India, or any other country. If the transactions are paralyzed the probability of a crash in the ecosystem will be lower. All the opposite if everybody is making transactions. On the other hand, the problem of the consensus between miners also worries the crypto-community because two currencies can be formed but that is a fact that nobody knows how to solve. 

The global recommendations for people who usually buy and sell bitcoins in India is to pass next week without exchanging bitcoins and making other transactions and of course look for a Company like Bitxoxo, Unocoin or Zepbay to assure their bitcoins.

Disagreement of the Indian government institutions about bitcoin.

The Indian government disputing the regulatory laws for digital currencies such as bitcoin, a disagreement over what is the regulatory body going to be takes place. While the Reserve Bank of India promotes bitcoin as a commodity for the economy, the Securities and Exchange Board of India does not agree. Hence, the organisms of the Securities and Exchange Board of India (SEBI) and the RBI are fighting to see who will manage cryptocurrencies. Also, the SEBI does not support bitcoin as a positive aspect for the growth of the economy. 

The discussion now is not about the regulations themselves but about which Government Body Will be in charge of regulating Bitcoin and other popular and recent cryptocurrencies, this factor only generates a delay in the development and improvement of bitcoin exchange in India. 

On one hand, the RBI assumes that bitcoin is a security for the economy rather than a currency and that it must be regulated by SEBI. Moreover, the reserve Bank of India added that bitcoin should serve trading like commodity derivatives do. The RBI also recommended for SEBI to ensure that bitcoin must not be used for any illegal activities like money laundering or terror funding.

On the other hand, the SEBI has a different opinion than the one from the RBI. They consider that Bitcoin must not be understood as a commodity for users because it is still unknown for many people and it really does not exist but as a common currency. Moreover, that bitcoin cannot serve only for legal purposes. 

These opinions of the SEBI can affect dangerously the bitcoin exchange in India and harm the population progress towards the cryptocurrency and difficult to buy and sell bitcoins in India because it is easy to see that the institution has a prejudice towards bitcoin exchange and that their vision could lead it to disappear.  In addition, the managers and CEO from different companies with the best bitcoin exchange in the country have said repeatedly that the bitcoin industry prefers self-regulation and not a government control over the currency or at least that a new institution for self-regulation of bitcoin should be created.

Bitcoin: Free of Owners

     The decentralization of digital coins is something that put many government systems to doubt about the implementation of cryptocurrencies in their financial systems. However, Bitcoin, the most sought after and demanded by the world, has become an example of excellence and trust in joining Blockchain. Since Blockchain has been following operations with Bitcoin, many governments have shown more interest in adopting the digital currency.

      Bitcoin Exchange have managed to develop facilities for people to carry out the operations performed. Even the Best Bitcoin Exchange, for example, in India is Bitxoxo and all operations performed by users through it will be registered by Blockchain. Several Bitcoin Exchange have the Best Bitcoin Rate which allows users to have preference for it.

     Although the currency is not governed by some governmental or banking entity, in some countries they have implemented measures to control a little the abuse of the cryptocurrencies. In countries like India and Spain have been trying to block the digital currency but have not been able to slow its development, even in Spain is already being legalized and is already accepted by many businesses in that country. In Japan and the digital currency is totally legalized and is common to see it in thousands of businesses of the Japanese country.

     India is one of the countries where it has been seen that Bitcoin has had a little more inconvenience to adapt. However, in India there is one of the Best Bitcoin Rate and there are several of the Best Bitcoin Exchanges that are recognized worldwide. Bitxoxo, one of the Best Bitcoin Exchange in India has proved to be preferred by the citizens of that country. Their zero percent per transaction is the focus of Hindus.

     Bitcoin and the other digital coins have proved to be a steady coin that came to stay. Being the most recognized worldwide, is the one that is expected to prevail over the years and continues to multiply money and better quality of life. Cryptocurrencies are definitely one of the best options if you are thinking of investing your money and you can be sure that you can get big gains in a short time. The decision may be variant but you can decide on your own.