This week has been another very eventful week in the Dash community with more network news, integrations, and general happenings. Continue reading to get a summary of the week.
Dash Network News of the Week:
- Dash Core Group CEO – Dash Eyeing Block Propagation Techniques from Bitcoin Scaling: The ability of all nodes on the network to efficiently receive and view a block full of transactions (block propagation) is a major bottleneck for cryptocurrency scaling. Previous research from Arizona State University has shown that Dash can currently scale to handle 10MB blocks, which is equivalent to 40MB on the Bitcoin network due to Dash’s faster block times and also equivalent to over half that which PayPal currently processes. However, Ryan Taylor, CEO of Dash Core Group, has said in a recent interview that they are looking into borrowing from Bitcoin and Bitcoin Cash scaling research to further improve Dash’s efficiencies.
- eToro Analysis – Dash Mining Looks Strong While Bitcoin Cash, SV, Litecoin “Don’t Look Good”: The cryptocurrency exchange, eToro, has done some recent research into mining economics of different coins and found that Dash’s mining profitability and outlook appears strong when compared to competitors such as Bitcoin Cash, Bitcoin SV, and Litecoin. They specifically mentioned that “in terms of mining profitability, Dash mining remains strong despite an ecosystem-wide drop”. Another highlight was that all the coins in the comparisons were proof-of-work, whereas Dash combines proof-of-work with proof-of-stake to enable the network to be more robust against price declines and reward decreases that happen over time.
- Ryan Taylor – Dash Backporting Bitcoin, Rejects Lightning, Segwit, Replace-By-Fee: On the Abra Money 3.0 podcast with CEO Bill Barhydt, Dash Core CEO, Ryan Taylor, has said that Dash has been committed with backporting Bitcoin’s codebase improvements while not including updates such as Replace-By-Fee and…