Join Our Mailing List
Monday September 25, 2023
Bitcoin (BTC) $26,109.00   Ethereum (ETH) $1,571.52
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Dash

Dash releases largest and most significant upgrade since inception

Published by CryptoNinjas.net
02/06/2017

Dash, an open-source cryptocurrency alternative to bitcoin, today unleashed a big software upgrade, version 12.1 (code-named Sentinel), in preparation for the launch of its innovative decentralized payments system, Evolution. The network upgrade, which includes feature additions and significant improvements to backend protocols, governance, voting and privacy functions, represented the largest redesign in Dash’s three-year history.

The release has been drawing a widespread buzz from the Dash community; since Founder Evan Duffield published an update on Sentinel’s impending release on January 2nd, 2016, Dash’s market capitalization soared 75% in four weeks. It reached its highest ever market cap, eclipsing $123 million USD, and recently overtook Ethereum Classic as the sixth most valuable cryptocurrency in the world.

Ryan Taylor, Director of Finance at Dash

Dash Director of Finance Ryan Taylor said:

“In our ongoing quest to prioritize the user experience, our talented development team has created Sentinel to provide an underlying architecture that’s easier to use and more attractive to mainstream adopters of Dash.”

“We vastly improved the speed of our end-user privacy features, improved access to information on the network’s budget and voting system, and created a much more stable and robust governance system that enables changes to the network without requiring additional software upgrades.”

Sentinel will include a large-scale decentralized programmable database solution, which will allow updates to the Dash network to be executed at a rapid pace. No other cryptocurrency has a mechanism to support updates through a programmable interface. Evolution will compete with the likes of PayPal and Venmo, but boasts far more perks. It can be used seamlessly on the web and mobile devices without an intermediary, it comes with hack-proof savings accounts, enhanced security, traditional bank account integration, and of most significance, the ability to make free cross-border remittances and payments anywhere, at any time.

Prior to the release of 12.1, leading blockchain governance company and master node hosting provider, Node40, actively tested it for months.

CEO of Node40 Perry Woodin said:

“No other version of Dash has undergone such rigorous testing and validation. The new release serves as the innovative backbone to Evolution, and as its capabilities start to trickle out to the public, we’re going to see lots of parallel innovation from developers who see integration points with the new platform. Up until now, the industry has seen innovation centered on blockchain technology. With the development of Evolution, we’re going to see innovation centered on Dash.”

Founder of Dash Evan Duffield stated:

“Evolution will profoundly change the user experience and expand the cryptocurrency market to users from all walks of life by making it easy to use and relevant to people’s lives. It’s my belief that digital currencies will never be the same after Evolution, in the same way we would never consider going back to a text-only internet.”

SubscribeE-MailXFacebookWhatsappTelegramRedditLinkedin

Related News

Dash Wallet app rolls out new fractional masternode staking feature with CrowdNode

07/11/2022
Dash Wallet app rolls out new fractional masternode staking feature with CrowdNode

Dash Core Group, the organization behind leading cryptocurrency DASH, announced today that it has begun to roll out a new addition to the official Dash Wallet mobile app on Android. Users can now create...

Read more

Horizen and Dash team up to launch “reward marketing amplifier blockchain”

08/25/2021
Horizen and Dash team up to launch "reward marketing amplifier blockchain"

Horizen Labs, developer of an all-in-one public blockchain platform, today announced a new partnership with Dash, the payments-focused and e-commerce cryptocurrency to create a “reward marketing amplifier blockchain application.” The new blockchain will rewards...

Read more

Crypto exchange Liquid.com’s ‘Quick Exchange’ now live in the DASH app

08/16/2021
Crypto platform Liquid.com's 'Quick Exchange now live in the DASH mobile app

Today, the Dash Core Group announced it has integrated crypto exchange Liquid.com’s 'Quick Exchange' feature into Dash's official wallet app for Android. Users can now purchase Dash within the Dash Wallet by a VISA...

Read more

Sentinel partners with StrongBlock to grow node ecosystem and enhance dVPN utility

07/29/2021
Sentinel partners with StrongBlock to grow node ecosystem and enhance dVPN utility

Sentinel, an interoperable networking layer for distributed services, today announced a new partnership with StrongBlock, a Nodes-as-a-Service (NaaS) provider. Sentinel is a blockchain framework for building decentralized VPN (dVPN) applications. StrongBlock is a trailblazer...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Blockstream releases new platform for Liquid-sidechain security token issuance

Blockstream releases new platform for Liquid-sidechain security token issuance

05/15/2019
Blockstream Mining Bitcoin

Blockstream launches bitcoin mining colocation and pool services

08/08/2019
Zilliqa blockchain combines incubation programs as it announces new grant winners

Zilliqa blockchain combines incubation programs; announces new grant winners

12/03/2019
HashKey Exchange, Hong Kong's first licensed crypto exchange is now live

Hong Kong’s first licensed crypto exchange HashKey is now live

08/28/2023
BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

08/28/2023
HashKey Exchange, Hong Kong's first licensed crypto exchange is now live

Hong Kong’s first licensed crypto exchange HashKey is now live

08/28/2023
Adenasoft launches new crypto exchange white label solution: ACE

Adenasoft launches new crypto exchange white label solution: ACE

06/27/2023
Maximize Your ETH Investment: The ETHphoria Vault by Pods

Maximize Your ETH Investment: The ETHphoria Vault by Pods

06/21/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy