Dash adjusts block reward percentage to improve the economics of its network


Dash Core Group, the entity responsible for developing the privacy-focused coin DASH, publicized fresh changes to the asset’s proof-of-stake network on Sept. 30. 

“Dash Core v0.16.0.1 binaries are released and ready for deployment on mainnet by node operators,” said an announcement on Medium from Pasta, one of Dash Core Group’s Developers. “This is a major release and is a mandatory upgrade for all miners and masternodes.”

The network update improves the DASH ecosystem in a number of ways, including methods for confirming appropriate masternode holder software, wallet user interface enhancements and better anonymity capabilities when using PrivateSend — the project’s non-custodial coin-mixing option.  

The upgrade also includes “block reward reallocation to improve the economics of Dash by adjusting the percentage of reward,” the announcement said. 

Dash recently made public another change on Sept. 18 — a platform calling on decentralized cloud use for blockchain information storage, based on concepts mentioned in its Dash Evolution movement. Initiated five years ago, Dash Evolution targets simpler crypto use for participants. The Sept. 30 Dash updates also result from Dash Evolution ideals.

Back in August, Dash released the first digital asset debit card available in Latin America. 

Products You May Like

Articles You May Like

Elon Musk Warns of Severe Recession — Urges the Fed to Cut Interest Rates Immediately
How to keep your cryptocurrency safe after the FTX collapse
Sam Bankman-Fried hires defense attorney as US authorities probe FTX: Report
BNB Chain-Based Defi Protocol Ankr Suffers Major Exploit
Despite endless media appearances, SBF unlikely to testify on 13th

Leave a Reply

Your email address will not be published.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