Home Altcoins News Dash Will Survive To be Better Despite the Major Upgrade to Ethereum

Dash Will Survive To be Better Despite the Major Upgrade to Ethereum

Dash Major Upgrade to Ethereum

Dash Core Group were excited to announce the release of Dash Platform v0.18 on testnet.

Also, updates to DashPay wallets for Android and iOS are being verified on this new version of Dash Platform. Alpha Program users will receive an update next week after stability of the network has been confirmed.

In response one of the users stated, while there are updates to Dash, it looks like there is a major upgrade to Ethereum to reduce the number of tokens to boost value and also increase transaction speed. Where does that leave Dash? Does it still have a leg up over Ethereum? What is Dash doing to protect value?

For clarity, one of the biggest barriers to cryptocurrency adoption today is high or unpredictable transaction fees. And, Dash claims to have fixed it with the paid service computer also called a master node.  The paid service computers then solve the problems presented by volunteer infrastructure, because the people running them can use their earnings to upgrade to data center grade hardware and bandwidth.

This means that networks like Dash and many other cryptocurrencies that have copied Dash’s innovation are able to scale up to meet demand without having to worry about critical computers dropping off the network.

In fact, a study done at the Arizona State University Blockchain Laboratory indicates that thanks to paid service computers.  The Dash network can scale to VISA level processing capacity. So, this means that Dash’s current transaction fees which are already ultra-low can stay ultra-low in to the indefinite future, even if and when demand grows to VISA levels.

So, when it comes to high and unpredictable transaction fees, now users know how DASH fixed it.  Users can experience Dash’s low fees by trying out any of the wallets.

Mark Mason recently tweeted:  One of the most important metrics in cryptocurrency is community. He stated that he is happy to report that they have had 50,000 new DashPay twitter followers over the last 90 days and that 30,000 of those were in the last 30 days.

Also, Dash Core Group CEO, Ryan Taylor recently presented at Coordination of Decentralized Finance (CoDecFin) IFCA Conference, bgin global about the importance of why regulators first need to define what is NOT an AEC and explains how privacy is non-binary.

Users will find it very useful as the details cover for how there are not any inherent privacy coins, but how there are privacy techniques to apply to public blockchains. Also, they have explored more about Trusted Vs. Trustless Wallets.

Read more about:
Share on

Steven Anderson

Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9

Crypto newsletter

Get the latest Crypto & Blockchain News in your inbox.

By clicking Subscribe, you agree to our Privacy Policy.

Get the latest updates from our Telegram channel.

Telegram Icon Join Now ×