Dash Spokesman Slams Bitcoin Paying Miners 100% Rewards
Ryan Taylor, head of finance at Dash, claims the bitcoin blockchain’s practice of paying the entire blockchain reward to miners is faulty, in a piece on EconoTimes. He claims Dash, which allocates less than half its rewards to the miners, offers a more promising future. Taylor said it makes no sense to devote all of the network’s resources to a single task out of many that are needed to sustain the network. The article was written by Brandon Kostinuk, the communications leader at Vanbex Group, a crypto marketing firm that serves Dash. What Dash Does. Dash allocates only the amount it deems....
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Litecoin for some moments returned to the level of $3.00. It seems that it is not the last contact with the strong level of $3.00. Traders can make careful purchases below the level of $3.00. The main weakening factor for all cryptocurrencies now is the Chinese New Year’s Eve. Traditionally, during this period Chinese people exchange cryptocurrencies for Yuan. I must remind you, that Litecoin has a wide popularity among Chinese miners and traders. Therefore, it is hardly possible to count on growth of this cryptocurrency in the next few days. DASH surely and quietly grows, without paying....
A StakeHound collaboration allows Dash holders to earn masternode staking rewards and access DeFi services at the same time. Dash (DASH) holders will soon be able to access a wide range of decentralized finance, or DeFi, services through a collaboration with StakeHound.According to an announcement on Oct. 19, tokens which are deposited with StakeHound will also earn network rewards through the Dash masternode system.In order to take advantage of the burgeoning DeFi market, Dash holders must send tokens to StakeHound, who will then instantly generate and send back a wrapped ERC-20....
In June of 2015, the cryptocurrency Dash had approximately 2,500 nodes. The network then rolled out a new user role which they call the “masternode,” and began paying masternodes half of the block reward (same as the miners). In the last four months, the Dash network has added almost 1,000 nodes, increasing its count by 40% for a total today of over....
Nearly all bitcoin miners have been transferring their rewards within 36 hours of obtaining them, researchers at New York University have found. Luqin Wang and Yong Liu's paper, an analysis on the "evolution" of pool mining, found that less than 1% of miners left their rewards untouched in 2012 and 2013. Those who did transact with their rewards did so within a week in 2012, and within 36 hours the following year. The researchers did not perform the analysis for 2014. Miners' hasty transfers in recent years contrasts sharply with the behaviour of early miners. In 2009, 66% of miners left....
DASH, the Privacy-centric, ‘instant’ cryptocurrency with the 5th largest market cap, has announced an integration plan with Lamassu, “the largest BTM network” in the world, bringing the price of DASH up by about 20%. On December 28th, Evan Duffield, Lead Developer of DASH, published January 2016’s budget proposal on the official DASH forums. The budget....