Community Trust ScoreVerified
Mark Mason expressed: Dash is a Proof of Service (PoSe) decentralized network with incentivized masternodes and miners that receive block-rewards for providing a service. Dashpay is the longest-running DAO (decentralized autonomous organization) that is self-funding and self-governing.
What advantages and applications will DASH Platform have? “It will be a new paradigm of how decentralized systems can work.” – Sam Westrich, Dash Core Group CTO. Data can be stored and queried by users without the use of oracles!
Sam Westrich expressed: As far as I know, there is no other project that comes close to what we are trying to build, which is the ability to efficiently query information from the system based for users. And, in the end, we’ve seen a lot of Dapps that store information. But they all use oracles for their system to work. In our system, it is going to be much more decentralized because again, what I said right before about the restaurant. Type scenario? Right. You are going to be on your mobile device and you are going to be querying DAPI directly. There is no oracle between you and you are going to say like hey, give me the closest restaurants to be or that serve. The type of food that I want, and it will just give it back. And there is going to be a proof, a decentralized proof that the information is valid you don’t need to have any server. It is really like a new.
In my opinion, it will be a new paradigm of how decentralized systems can work.
Community response: I did not realize this till now, but it’s more likely that MN’s have aligned interest with the dash network, than oracles have with the networks they function on. if oracles are on multiple chains, conflicts which chain the serve also arise.
Further, Binance has grown their P2P product exponentially in Venezuela as a result of finding market fit, adapting to needs, and a close relation to users. Exchanging Bolivars through this integration enhances the Venezuelan Dash use case. Dash expressed they are thrilled to cooperate with BinanceES.
Meanwhile, Dash Investment Foundation continues building out the ecosystem in Brazil. Bitfy is providing an excellent super-app for the Brazil market and Dash are proud to be a part of the company.
Dash is progressing in this new era of money. Instant and secure payments that cost less than a cent to send any amount using DashPay to anyone anywhere in the world is becoming handy. Dash is designed for every day, thus giving complete control of your digital cash!
