InsideBitcoins.com

Dash Block Rewards Adjusted To Improve Economics Of Network

Dash Core Group stands as the entity in charge of the development of DASH, the privacy-focused coin. On the 30th of September, 2020, the Dash Core Group publicized a fresh array of changes to its proof-of-stake (PoS) network.

An Array Of Improvements

The announcement was made by Pasta, one of the Dash Core Group’s developers, and was published on Medium. Within this statement, Pasta explained that the binaries for Dash Core v0.16.0.1, and are now ready for deployment by node operators for the mainnet. Pasta described this as a major release, one that is mandatory for all masternodes and miners within the DASH network.

This network update sees a number of improvements to the DASH ecosystem. This includes wallet user interface enhancements, confirmation methods for the appropriate masternode holder software, as well as better levels of anonymity when using PrivateSend. PrivateSend itself stands as a non-custodial coin-mixing option the project had developed.

Trying To Stabilize The Economy

Alongside this, dynamic activation thresholds have been implemented, with the goal of providing a non-blocking, safe method of proposal activation. Dash Core v0.16.1 will also have Bitcoin backports.

Another key upgrade includes a reallocation of block rewards. This, the announcement said, was in order to improve DASH’s economics, through the adjustment of reward percentages.

Constantly Growing And Expanding

Dash had made another change public, as well, this change happening on the 18th of September. This was regarding a platform that leverages decentralized cloud technology in order to store blockchain information. This, in and of itself, stands as based on the concepts mentioned in the Dash Evolution movement. Dash Evolution had started some five years ago, with its goal being to simplify crypto usage for its participants. The update of Dash made on the 30th of September also stands as a result of the ideals of Dash evolution.

All the way back in August, Dash had pushed into Latin America, offering the region the first digital asset credit card made available to it. It managed to achieve this through a partnership with Tauros.io, a Mexico-based crypto exchange. Initially, the offering was only available to Mexicans, specifically customers of Tauros.

The crypto world is in a constant state of growth, and it seems that Dash is trying its best to constantly improve itself. With any luck, the coin’s core devs will see their labors rewarded. The world at large is slowly becoming more interested in crypto, and it won’t be long before it’s considered mainstream.

Top brokers for buying and trading cryptocurrencies

  • Platform
  • Features
  • Rating
  • Visit Site
  • US-Friendly
  • Paypal accepted
  • 12+ cryptocurrencies
4.5/5

Visit Site
75% of retail investors lose money.
eToro Reviews

    eToro Reviews

    https://insidebitcoins.com/visit/etoro-newsCreate your account
    Hide eToro Reviews
    • Best broker for non-US countries
    • Trade crypto CFDs, forex and stocks
    • No withdrawal or deposit fees
    4.5/5

    Visit Site
    80.5% of retail investors lose money.
    Plus500 Reviews

      Plus500 Reviews

      https://insidebitcoins.com/visit/plus500-newsCreate your account
      Hide Plus500 Reviews
      Remember, all trading carries risk. Past performance is no guarantee of future results.
      Avatar

      A journalist, with experience in web journalism and marketing. Ali holds a master's degree in finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of cryptocurrency publications.

      Leave a Reply

      Your email address will not be published. Required fields are marked *