Very exciting read from DASH founder Evan Duffield on the future of DASH via EVOLUTION software!!steemCreated with Sketch.

in #dash7 years ago

https://medium.com/@eduffield222/hong-kong-research-and-planning-4206e065aa9c

execution.png

I’m happy to announce that after several days of planning, meeting, and documenting, we have finished the final version of Dash Evolution’s roadmap and implementation plan. This is a game-changing plan which turns our network from a small, minor player in the space into the first ever network capable of competing with major payment networks directly. We will be able to compete with credit cards on their own level, matching their transactional volume but charging lower fees and easier to use solutions, and we will do this while maintaining complete decentralization.

We are far ahead of every other project in the space, having been aided greatly by our decentralized governance and budgeting system. Using the budget system, we have been (and will continue to be) able to pay for top talent to design and implement each component without falling into centralized profit-seeking methodologies that result in bottlenecks and potential points of failure.

I have always been opposed to any switch to a proof-of-stake consensus method due to potential security issues. While doing research for Evolution, it has become clear that the only way to securely implement quorum-style technology is to utilize our hybrid proof-of-work (mining) and proof-of-service (masternodes) model. Competitors who have switched to proof-of-stake should consider switching back to proof-of-work to harden their hashes if they wish to use quorum technology. Without proof-of-work providing an additional layer of security, such systems are vulnerable to several different forms of attack.

Very exciting to hear how far along the roadmap for EVOLUTION has progressed. Looking forward to more exciting news on EVO.

Sort:  

Hello! I just upvoted you! I help new Steemit members! Upvote this comment and follow me! i will upvote your future posts! To any other visitor, upvote this post also to receive free UpVotes from me! Happy SteemIt!

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://cryptocurrencytalk.com/topic/84862-hong-kong-dash-research-and-planning-by-evan-duffield/

Thanks for news, I been fan of Dash but after they disappointed me I quit with Dash!

just curious, what was it that made you give up on DASH?

support ! for dash price and also community support; looks they made small circle of ppl... and thats it

Then you have never ever been on DASH Nation Slack Channel 😄😄LEGENDARY DISCUSSIONS

Slack sucks! Its mostly for support only

i hear you. Its tough finding a community within the crypto world to fit in, or feel like one can make impact. Its still relatively small, say compared to LTC, i see their reddit has like 30k subscribers. While i dont share the same feeling, i do however like what DASH is doing and could possibly go, so im on board with them.

nice to ear! I hold some dash so it will be good

Nice 😀 All other cryptos have been evolving in a rapid rate yet BTC is stuck with the scaling debate for years. Hope that after segwit2x is implemented, BTC development would pick up stream again.

indeed, seems like status quo will no longer good enough on bitcoin. whicever way it may end, there will be changes for bitcoin come august.