🏅Dash is preparing to implement 2MB units🏅

In early 2016, the masterware that make up the Dash management system voted overwhelmingly, for switching to 2 MB blocks. And with the recent release of Dash version 12.2, it seems that large blocks will be implemented in the near future.

Updating version 12.2 is one step on the way to Dash Evolution, a currency plan that aims to maximize the use of crypto currency.

The most notable changes are: implementation of DIP0001 (which is an update of the 2 MB block); reduction of transaction fee 10 times (activated by activation of DIP0001); Improve PrivateSend, which should allow the user to receive mixed media much faster; increase efficiency and increase the reliability of the code; Experimental wallet HD with support for BIP39 / BIP44.

Of course, larger blocks are not needed, since the currency does not handle enough transactions to fill its current blocks. Nevertheless, this increase in the size of the blocks follows the plan for scaling along the chain announced by the founder Evan Duffield earlier this year. Duffield announced that by using special equipment, Dash will create a network that can scale to more transactions using large blocks.

Duffield wrote:

'Many space projects believe that scaling by the chain is impossible. This is simply because they did not study alternative P2P architectures to improve performance. We intend to show how far a powerful second-level architecture [masternode] can lead to a project such as Dash. '

The Bitcoin and Ethereum Path

Bitcoin, of course, decided to follow a different path. After the planned upgrade of SegWit2x was officially canceled, the currency is now firmly on the way of off-network scaling via the lightning network or similar solutions. The lightning network is designed to work by moving transactions outside the network to 'payment channels', and then settling the result in Bitcoin Blockchain periodically.

Critics ask how often payment channels will be used, but until the network is deployed, it is impossible to say. Others believe that moving off-chain transactions is detrimental to the decentralized and unchanged character of bitcoin. Supporters note that off-chain transactions occur everywhere, for example, on exchanges. Bitcoin exchange does not involve a separate transaction with Blockchain each time the funds are moved internally. Only the final result is sent as soon as the user withdraws funds.

Crypto currency number two, Ethereum, also does not stand aside. Currency plans for the introduction of 'Raiden Network', which will use payment channels, similar to the proposed network lightning.

Forks are welcome

While bitcoin zealously avoids the hardcore when possible, Dash welcomes them. The key to the Dash upgrade strategy is 'spork' - a mechanism that allows you to disable update parts if the network has a problem. An example is the term 'compulsory execution'. The Dash network usually requires that the miners share the reward of the block with the help of the masterboards; miners who try to get the entire reward themselves will find their blocks rejected by the network.

However, during the update, coercion can (and usually) turn off. This allows both miners and master craftsmen a reasonable amount of time to update their software while simultaneously eliminating the risk of uncontrolled forking due to the fact that one part of the network rejects the other part.

🤗 source: from the author 🤗