After several months of development, DASH the release of , an update that promises to increase the security (51% attack resistance) and efficiency (instasend) of this , making it even more popular among crypto users.
This, in turn, is an advance over the long-term project known
as Dash Evolution, a platform that aims to make the a faster and
safer option than any fiat alternative currently available.
“The Dash Project has always been focused on making accessible to everyone regardless of technical expertise. The Evolution platform is going to make that vision a reality, delivering decentralized, PayPal-like experience to users that is necessary for mass and becoming relevant to people in their daily lives” Dash Core Group CEO Ryan Taylor
What’s New?
Version 0.14 of Dash Core introduces 3 fundamental
improvements according to an article published by the Dash team in their
official blog:
- Long-Living Masternode Quorums (“LLMQs”), which will increase scalability through improved consensus and expand the universe of potential use cases of the network;
- LLMQ-Based ChainLocks, which leverage LLMQs to improve network security by mitigating 51% mining attacks; and
- LLMQ-Based InstantSend, using LLMQs to not only improve network scalability but in combination with ChainLocks will allow for secure, real-time payments.
The previous updateintroduced other important changes such as automatic InstaSend, a deterministic masternode list, Special Transactions and improvements on private txs, options to speed the process and an additional denomination of 0.001 units.
Dash Achieves a Milestone in the Industry
The advances of Dash and the interaction of developers, masternode owners, and community, have allowed the to grow beyond the speculative aspect. Its presence in certain countries is very important (e.g. , where it is one of the most widely adopted cryptos, easily surpassing others with larger marketcap) and it is widely accepted by merchants around the world.
Ryan Taylor is confident that he has achieved a milestone not only in the history of this project but in the history of all the with PoW algorithms. From , now Dash is not only practically invulnerable to a hypothetical 51% attack but they can diversify their use cases:
“The release of Version 0.14.0 is a significant leap forward … In addition to bolstering our network security via ChainLocks -making our network the first Proof of Work to essentially eliminate the threat of a 51% attack- the official introduction of LLMQs opens up a whole new world of potential use ca
Published at Thu, 23 May 2019 07:22:29 +0000
