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X @Dash
Dash· 2025-09-21 16:23
RT Evils (@EvilsReturns)Dash : More than just another coin•Launched in 2014 → One of the longest-running projects in crypto•InstantSend & ChainLocks → Transactions confirmed in seconds, secured against 51% attacks•Low fees → Payments cost a fraction of a cent, making micro-transactions possible•DAO governance → Dash pioneered self-funded, community-driven development•Real adoption → From ATMs to merchants worldwide, Dash is used for daily payments, not just speculationWhile many projects chase hype, Dash ha ...
X @Dash
Dash· 2025-08-23 22:35
Security & Finality in Cryptocurrency Transactions - Dash offers deterministic finality for transactions, unlike cryptocurrencies relying on probabilistic security [1] - Deterministic security ensures a payment cannot be reversed, while probabilistic security only offers a high likelihood of non-reversal [1] - Dash achieves deterministic security through InstantSend, which instantly locks transactions, and ChainLocks, which locks the first-seen block [2] - Other cryptocurrencies like Litecoin, Dogecoin, and Bitcoin Cash rely on probabilistic security, making them less certain [3] - Even Bitcoin Cash implemented 10-block rolling checkpoints to improve deterministic finality [4] Dash vs Bitcoin - A Dash payment can be more secure than a Bitcoin transaction [1] - Dash payment finality can be achieved in under 2 seconds, faster than Bitcoin [5] - Bitcoin's security relies on a large hashrate, making reorgs unlikely but still possible [5] Industry Perspective - Deterministic finality is essential for secure cryptocurrency transactions [4][6] - Services should configure their nodes to check for InstantSend locks or ChainLocks to ensure payment security [3] - Blockchains offering instant deterministic finality are expected to outperform others [5]
X @Dash
Dash· 2025-08-16 13:27
REMINDER ⏰Exchanges don't need to worry about Dash transactions being reversed. Thanks to InstantSend and ChainLocks, all transactions are deterministically final, instantly.The age of exchanges worrying about reorgs should be over. It can, if we want it to be.Joel Valenzuela (@TheDesertLynx):The Monero security issue got bad enough that Kraken has suspended deposits. 👀Better get a security overhaul done fast! https://t.co/jDsTFZTEYX ...
X @Dash
Dash· 2025-08-12 17:59
Technology & Innovation - Dash implemented ChainLocks in 2019, enhancing proof-of-work security [1] - ChainLocks utilize staked masternodes to secure the first-seen block, making it irreversible [1] - InstantSend locks all Dash transactions instantly, ensuring permanence [1] - Firo also utilizes ChainLocks [1] - Decred, Zano, eCash, and Zcash are exploring or moving towards similar hybrid models [1] Industry Trend - The hybrid model is expected to become the gold standard for proof-of-work coins [2]