Choose a Privacy Coin and perform a fundamental analysis of the coin in detail.

Answer

The privacy coin of my choice is DASH...
Dash is a cryptocurrency that places a premium on privacy. People around the world host a safe open-source network that allows you to successfully establish a quick, private transaction anytime.

The Dash community is administered by a decentralized autonomous organization in true cryptocurrency form (DAO). DAOs are essentially platforms that are guided by smart contracts that are voted on by the community. Governance and funding are the two major issues that DAOs evolves to settles

Dash users can use a certain distinguished protocol to send and receive untraceable transactions which is Dash's Private Send protocol, and that is one of its major capabilities. Meanwhile, the procedure is straightforward.

Basic Information
DASH current price: $204.35
Market Cap: $2,069,241,435.16
Volume in the last 24h: $558,815,033.97
Present Rank: #51
Max Supply: 18,900,000
Total Supply: 10,163,728

Development Status
Product development status: DASH have a Fully working product. It has passed from Just an Idea, to Demo stage, to Prototype / MVP stage, it has also passed Alpha version, and went through Beta version, before it got to Fully working product.

^{Screenshot from coinmarketcap}

• DASH have successfully open sourced their code.
• DASH have product Roadmap: https://github.com/dashpay/dash-roadmap, or you directly come here: https://www.dash.org/roadmap/
• The release date of DASH first version was 18 January 2014
• DASH also have whitepaper: https://github.com/dashpay/docs/raw/master/binary/Dash%20Whitepaper%20-%20V2.pdf

Team Information
DASH have a solid team strength
The link to the main foundation team site:https://www.dash.org/dcg/, and for better indepth research on the team and on the project, the links to the majority of the teammembers Email, Keybase, and Dash Forum is on the team page as well.

Where to trade DASH
Dash is listed and can be traded on exchanges like Binance, Huobi, Bittrex, OKEx, Gate.io, and so many more great exchanges

Describe the steps in creating a wallet for the Privacy Coin of your choice. (Screenshot required)

Answer

Here are the steps in creating a Dash Coin Wallet
^{I will be using my Android phone for my illustration}

From google playstore on Android phones

From the search bar in the Playstore app, I typed the Dash Wallet app. Then I clicked on the Dash Wallet that appeared.

Here, I clicked on install for the application to install on my phone.

Here is how the Dash Wallet Application is downloading.

Here, the application has successfully been downloaded. Then I clicked on open: to lunch the wallet.

Here is the welcome page. To proceed to creating our wallet, we can skip the welcoming information by swiping the page or we click on skip.

Here is where to proceed into exploring the Dash Wallet application. So we click get started

For those who have a wallet already might click other options here, but since we just want to open a wallet, we will click on Create A New Wallet.

Here we set a pin. Just four digits we are sure not to forget. We will need it to login to our wallet frequently.

Here we will make confirmation of the pin: retyping the same pin, so that the system will confirm we are not making any mistake regarding our four digits pin

Here is a very important stage, we can skip it though, if we are certain we only want to use our wallet on the device alone. But if we would like to use our wallet elsewhere, we will have to click secure now.

This is the path where seed phrases will be given, which must be written savely offline. With the seed phrases, we can recover our wallet and use it on any other devices.
Then I clicked on show recovery phrase.

Here I wrote my seed phrases down. It is important we save it offline and if possible more than one places.

Here I clicked on "I wrote it down". Then I clicked on continue.

The system want to be sure we surely did write down our recovery phrase. Here, we will fill in our phrases in accordance to how it was given earlier. Once we completed filling the phrases, the page will load automatically to the next stage

Here, we will have to input our four digits pin that we set earlier. Once the pin is correct, the page will automatically open the next stage

And here, we have finally opened our Dash Wallet. We are now ready to begin transactions.

Explain the reason you chose the Privacy Coin. (State the advantages and disadvantages)

Answer

Dash project major aim focuses on privacy. There will be a total of 18,900,000 coins produced. We can observe that the amount of coins for Dash and Bitcoin are remarkably close, with a difference of only 2,100,000 coins. However, there is one key distinction: 10% of the Dash output is transferred to the project's development. Bitcoin reduces the creation of such coins by 7% per year, which has a beneficial influence on their price.

Now let's take a look at the Dash cryptocurrency's technological aspects. Such coins allow for quick transactions while maintaining complete anonymity. Dash is therefore technically superior to Bitcoin. One more point: the total supply of DASH coins is currently 10,163,728 coins. Dash is currently worth more than $204. Let us now recall the scenario with bitcoin. The rate of Bitcoin was just $10 when 7,500,000 coins were generated, whereas the Dash price was almost $260 when it reached this level. This indicates that Dash is a good long-term investment. Furthermore, investors stand a good opportunity of gaining more from their investments.

Advantages

1. Dash allows anonymous and secure transactions.
2. Transactions are quick in comparison to many other networks.
3. The deployment of masternodes improves the security of the network.
4. There is a cheap transaction fee.

Disadvantages

1. Dash can possibly give room for illegal activities.
2. There are several objections that Dash is not fully decentralized, as many of key actions are activated by the masternodes. If anybody could theoretically control few of these master nodes, the control of the whole Dash network could be manipulated.

Conclusion.

One of the key reasons for Dash's popularity is that it addresses two significant issues, which are lack of anonymity and slow transaction confirmation.
It's crucial to keep track of whether or not a project is improving in terms of growth and technology. Fortunately, the Dash self-funding and self-governance structure has aided the project's growth and improved all aspects of its development.
Dash, without a doubt, employs unique and powerful technology that has given it an advantage over many other crypto assets. Besides that, there are several disadvantages to be aware of as well. One of them is the possibility of criminal abuse, which could arouse the regulator's suspicion.
Dash cryptocurrency provides a typical secured transaction without any intermediary.
Dash network can be regarded as safe and secure, though issues might arise if a bug is developed and not resolved quickly enough in the technology itself.
Finally, I still agree that Dash is as safe for investors just like every other rated cryptocurrency can be.

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Special thanks to Prof @levycore for this week's lecture