Today's #Dash's 8th birthday! 🥳🎂
Since its inception in 2014, Dash has been responsible for some of the biggest and best innovations in the cryptospace. Let's go through some of the biggest and best ones!
Reference these when haters call Dash is "old" or "dead" 😁
🧵(1/11)
Since its inception in 2014, Dash has been responsible for some of the biggest and best innovations in the cryptospace. Let's go through some of the biggest and best ones!
Reference these when haters call Dash is "old" or "dead" 😁
🧵(1/11)
Dark Gravity Wave
Dash pioneered Dark Gravity Wave, which adjusts mining difficulty every single block (2.5 minutes). This means if miners went offline (as happened when China banned mining) blocks would keep coming out smoothly instead of disruptions like Bitcoin had.
🧵(2/11)
Dash pioneered Dark Gravity Wave, which adjusts mining difficulty every single block (2.5 minutes). This means if miners went offline (as happened when China banned mining) blocks would keep coming out smoothly instead of disruptions like Bitcoin had.
🧵(2/11)
Trustless CoinJoin
One of Dash's first innovations was providing privacy through CoinJoin mixing without relying on trusting a third party. Prior to this you had to worry about someone running away with your money or spying on you if you wanted to mix your funds.
🧵(3/11)
One of Dash's first innovations was providing privacy through CoinJoin mixing without relying on trusting a third party. Prior to this you had to worry about someone running away with your money or spying on you if you wanted to mix your funds.
🧵(3/11)
#masternodes
Dash pioneered the masternode, incentivized high-powered nodes which not only run the network without relying on outside money, but provide passive income streams for investors. The masternode boom caused Dash's price to skyrocket in 2017.
🧵(4/11)
Dash pioneered the masternode, incentivized high-powered nodes which not only run the network without relying on outside money, but provide passive income streams for investors. The masternode boom caused Dash's price to skyrocket in 2017.
🧵(4/11)
#DAO
Dash was arguable the first decentralized autonomous organization, making the project self-funding, fully decentralized, and able to come together and make decisions regardless. Today, DAOs are all the rage, a testament to Dash's innovation and foresight.
🧵(5/11)
Dash was arguable the first decentralized autonomous organization, making the project self-funding, fully decentralized, and able to come together and make decisions regardless. Today, DAOs are all the rage, a testament to Dash's innovation and foresight.
🧵(5/11)
InstantSend
Dash transactions are settled and secure instantly, with no need to wait for a block for a confirmation. This makes Dash the first coin suitable for payments in point-of-sale retail commerce.
In 2019 this was made default for all transactions.
🧵(6/11)
Dash transactions are settled and secure instantly, with no need to wait for a block for a confirmation. This makes Dash the first coin suitable for payments in point-of-sale retail commerce.
In 2019 this was made default for all transactions.
🧵(6/11)
#ChainLocks
As of 2019, all Dash transactions are permanent and irreversible after 2.5 minutes. ChainLocks uses the innovative masternode network to provide 51% attack protection, making Dash more secure than even #Bitcoin.
🧵(7/11)
As of 2019, all Dash transactions are permanent and irreversible after 2.5 minutes. ChainLocks uses the innovative masternode network to provide 51% attack protection, making Dash more secure than even #Bitcoin.
🧵(7/11)
.@DashInvests
The world's first decentralized hedge fund lets the Dash decentralized network invest in, and own equity in, companies. Legally. Dash owns part of a growing collection of innovative crypto companies today. Again, the network, not a company or foundation!
🧵(8/11)
The world's first decentralized hedge fund lets the Dash decentralized network invest in, and own equity in, companies. Legally. Dash owns part of a growing collection of innovative crypto companies today. Again, the network, not a company or foundation!
🧵(8/11)
The Dash Trust
Many #DAOs are decentralized in the digital world but in the "real" world a centralized entity owns all legal property. Not with Dash! The network itself has legal control over assets like website domains, GitHub commit access etc. Governance innovation!
🧵(9/11)
Many #DAOs are decentralized in the digital world but in the "real" world a centralized entity owns all legal property. Not with Dash! The network itself has legal control over assets like website domains, GitHub commit access etc. Governance innovation!
🧵(9/11)
(future) Dash Platform
Live on testnet, Dash Platform (formerly codenamed Evolution) is a data contract platform that lets you interact directly with #web3 without going through centralized infrastructure, solving @moxie's critique. When released this will be a first!
🧵(10/11)
Live on testnet, Dash Platform (formerly codenamed Evolution) is a data contract platform that lets you interact directly with #web3 without going through centralized infrastructure, solving @moxie's critique. When released this will be a first!
🧵(10/11)
Notice that over half of these were deployed AFTER the 2017 bull run.
Dash has innovated harder and faster after its hype peak than before. 8 years later, still one of the strongest and most innovative crypto projects in the space!
And we're just getting started😎💪
🧵(11/11)
Dash has innovated harder and faster after its hype peak than before. 8 years later, still one of the strongest and most innovative crypto projects in the space!
And we're just getting started😎💪
🧵(11/11)
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