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A Call For Kraken To Add Dash For Trading | Open Letter to Jesse Powell, CEO at Kraken
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Dear Jesse Powell u/jespow !

In January 2016 a Dash community member asked whether Kraken plans to add Dash as a tradeable currency. This was the response:

Hi,

Thanks for asking. We don't have any plans to add any other digital currencies at the present time. We're open to adding more currencies in the future, but every currency we add first has to go through a lengthy process of evaluation. For example, in the case of Namecoin, we found a serious bug in the protocol during our evaluation process.

http://www.coindesk.com/namecoin-flaw-patch-needed/

The bug was of course fixed before we allowed trading in Namecoin on our exchange. This evaluation process takes valuable time away from other important development projects, and at the present time we can't spare the resources needed to add a new currency.

Best,

Jim Kraken Client Engagement

Source

In light of recent events regarding TheDAO, whose technological flaws have been exposed and ignored by the founder shortly before the attack, I am compelled to seriously question the "evaluation process" you conduct before adding another coin.

What is actually being evaluated?

  • The technological merits and reliability of the product?
  • The track history of the team and the fruitful efforts they put into the project?
  • The potential of the features it provides?

Or is it only the amount of media hype it receives?

You added TheDAO almost as soon as it came into existence, so I doubt there was much "evaluation" going on.

And how did that turn out for you? A failure of epic proportions. A failure so big it's endangering the existence of its parent project Ethereum. How do you justify this blunder while you continue to ignore a tried and tested technology like DASH, which is based on Bitcoin's also tried and tested codebase? DASH has been innovating at a remarkable pace and pioneered almost every single feature it brings to the table. Almost 2.5 years of active, incessant development by an ever growing, tireless and highly dedicated team hell-bent on making digital cash a reality. When can we expect Kraken to add DASH, an obvious choice, for trading (preferrably with support of InstandSend)?

We are awaiting your response.

Regards,

The DASH Community

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8 years ago