Perfectly Decentralized: Dash Alternative to Fractional Reserves
The last three months have been a period of organization, according to Evan Duffield, creator and lead developer of the cryptographic currency Dash. Now, with the question of scalability from an organizational perspective answered, Duffield says, “it’s time to execute.” Dash Evolution. “We are trying to build a new economy, a perfectly decentralized economy where everyone can participate,” said Duffield. Dash Evolution, essentially a web-based standalone wallet, will offer a toolbox of blockchain-based features to “make Dash even more secure, allow it to scale to extremely large levels,....
Related News
The free banking era is the closest example of how banking might look on a bitcoin standard, but will credit and fractional reserves be part of that system?
The rise of Ethereum’s The DAO is certainly cause for excitement. However, for Dash, the prospect of successfully operating a decentralized autonomous organization is already old news. Created in 2014 by Evan Duffield as “Darkcoin,” Dash quickly grew from a platform for highly-anonymized transactions to a full service network for payments, project funding and decentralized governance by protocol. Dash: Two Years Ahead. With all the talk about The DAO, people seem to have forgotten — or simply don’t know — Dash has been providing DAO-like services for a couple of years. With its....
Lead developer Evan Duffield discussed the open source development plan for DASH Evolution during LaBitconf 2015. The next stage of DASH development will be featuring decentralized social data storage, social network functionality, an identity system, a decentralized API and more. During an interview with DisrupTek.info at LaBitconf 2015, Evan Duffield got into depth about the future of DASH development, aimed to bring "Paypal-like" functionality to the digital currency with notable advancements in ease of use. Below are some off the highlighted features announced and a general idea of how....
For cryptocurrency Dash, presenting at d10e next week, the goal is to have people walk away realizing that there is a lot more that can be done with cryptocurrency or digital currency than bitcoin has been able to achieve thus far, says Ryan Taylor, head of finance at Dash. What Does Dash Bring to the Table? Dash will have a significant presence at the d10e Conference in San Francisco on Jul. 20. Lead developer Evan Duffield and head of business development Daniel Diaz will both be presenters. In addition, Dash will be hosting a booth featuring a Dash-enabled vending machine to highlight....
Key Highlights. Dash price consolidating after losses it suffered recently. On the downside, 0.0109BTC remains a key support which must hold if the price has to correct higher. Selling rallies is still a preferred option for Dash. After a monstrous decline in the Dash price, it looks like it might continue to consolidate in the short term. Price to Decline? After recent losses in Dash, it looks like price stabilized around 0.0109BTC, and there is a chance that it might correct higher moving ahead. The Bollinger Bands are contracting and forming a narrow range pattern, suggesting that a....