What Is Gatehub (DSH)?
Gatehub DSH is a token that Gatehub has issued on the XRP ledger, and it is tied to and supported by DASH. DASH is a blockchain and cryptocurrency system that operates on an open-source basis, with a primary focus on providing a swift and cost-effective global payment network that is inherently decentralized. As outlined in the project's white paper, DASH aims to enhance Bitcoin (BTC) by delivering heightened privacy and accelerated transaction processing.
DASH, which derives its name from "digital cash," was initiated in January 2014 as a branch of Litecoin (LTC). Since its launch, DASH has evolved to encompass a range of features, including a two-tier network that includes incentivized nodes, including "masternodes," as well as decentralized governance for projects. It also incorporates InstantSend, enabling immediate settlement of payments, ChainLocks for immediate immutability of the Dash blockchain, and PrivateSend for optional additional transaction confidentiality.
Additionally, it's worth noting that Gatehub DSH represents a pegged version of the original DASH coin on the XRP Ledger. These issuances, such as Gatehub DSH, are tokens that can be exchanged for a fungible asset, such as USD, EUR, GBP, gold, or cryptocurrencies, on their respective native networks.
Although anyone can issue a crypto asset, it's essential for individuals or organizations to trust that the issuer can redeem it for the underlying asset if they want to accept payment in that asset. GateHub is one such organization that has gained the trust of its users.
Gatehub DSH and other XRPL tokens that are pegged provide a valuable means of gaining exposure to the asset, as well as a decentralized blockchain-based tool for the transfer of value.
Who Are the Founders of Gatehub?
Enej Pungerčar is the founder and CEO of Gatehub. GateHub is a platform for the Internet of Value, built on XRP Ledger protocol. It allows everyone to send, receive, trade and manage any type of assets.
What Makes Gatehub Unique?
Gatehub is a decentralized exchange running on top of the XRP ledger that offers various innovative features, including wallet protection and stablecoin issuance. Its user-friendly interface is easy to understand, enabling users to send money through email and even international wire transfers.
The Gatehub wallet provides support for not only XRP and over 100+ XRPL IOU tokens but also has multi-currency capabilities, enabling users to send and receive payments from any supported network. With the ability to instantly exchange assets using the best rates provided by multiple sources, Gatehub ensures the best possible exchange for its users.
Wallet Protect is a service provided by GateHub, a cryptocurrency wallet and exchange platform. It is a yearly paid subscription that provides protection for cryptocurrency stored in a user's wallet by making the wallet a "multisignature" or "multisig" wallet. Transactions are signed by multiple keys, increasing security and allowing for easy recovery in case of emergency. Wallet Protect also includes Fraud Shield, which scans destination addresses through fraud checks to help prevent losses of funds, and Theft Cover provided by Coincover, which provides up to $100k of coverage in case of theft. Wallet Protect users also receive a personalized certificate confirming their coverage level and protection.
Gatehub Transfer Fee
Gatehub's current policy on DSH tokens on the XRP ledger includes a transfer fee of 0.3%. This indicates that whenever DSH tokens are moved on the XRPL, a fee of 0.3% is charged on the transferred amount.
Read more about: Gatehub
Learn more about: Gatehub Ecosystem.
How Many Gatehub DSH Are There in Circulation?
There is an initial maximum supply of 1,407 DSH tokens, of which an estimated 1,407 DSH are currently in circulation as of September 2023. Check out Gatehub.net to learn more.
Where Can You Buy Gatehub DSH?
Gatehub DSH is a token trading on the XRP ledger DEX, the most straight forward way to acquire DSH tokens would be to purchase them through XRPL DEX.
If you are looking for alternative exchanges where you can purchase Gatehub DSH, Bitrue is a good choice. Keep in mind that investing in cryptocurrency can be risky, just like investing in any other type of asset.
How to stay tuned for further updates?
If you wish to receive more updates about the Gatehub ecosystem and any upcoming events, we suggest you follow @GateHub on Twitter.