When i created this topic some time ago not much was known about the direction Dash was heading towards,
that changed when Dash Codename "Evolution" was announced a few weeks ago.
Evolution seems to be addressing at least some of the conditions (those condition the Dash Core-Team has influence over) that i earlier described that could make
Dash a better alternative to Bitcoin :
Teaser screenshot of Dash Code-Name "Evolution", this screenshot is just one of many parts that together will form "Evolution", hopefully more teasershots / information will follow
from the Dash Core-Team about the other parts.
Note : Dash Evolution is Dash's next major upgrade v13, No ETA yet and no specifics at this point either
For latest information about Dash Evolution check out this video :
https://dashtalk.org/threads/evan-duffield-explains-dash-technology-and-announces-evolution-at-bitcoin-wednesday.6453/#post-71489
and this link : https://dashtalk.org/threads/development-update-oct-19-2015.6429/
that changed when Dash Codename "Evolution" was announced a few weeks ago.
Evolution seems to be addressing at least some of the conditions (those condition the Dash Core-Team has influence over) that i earlier described that could make
Dash a better alternative to Bitcoin :
Quote
Personally i think it will depend on a few conditions :
- There need to be a growing awareness of cryptocurrency in general where people will not only regnonice and understand Bitcoin but also understand its weakness
such as lack of privacy (transactions can get traced easily now and even more easily in the near future with upcoming regulations) and the inefficiency / handycapped
use of it on a truelly global scale involving millions of transactions when it will be trying to fullfill the role of electronic cash (and most likely failing).
* there is already a growing awareness of this weakness of Bitcoin that you see expressed in articles coming out lately but if that will persuede either
current bitcoin users or new bitcoin users to look for alternatives is still very much the question.
- To have DASH as better alternative it will need to have a simple package that is easy to understand, easy to use, very fast and very secure. That will mean moving towards not only
PC / Windows users but also Phone users (Android, IOS, Windows Phone) and making everything very very user-friendly.
- DASH will have to get an effective marketing campaign setup to attract more attention and position itself as direct competitor of Bitcoin.
When these conditions are met i feel DASH will have a good chance of being considered a better alternative to Bitcoin.
- There need to be a growing awareness of cryptocurrency in general where people will not only regnonice and understand Bitcoin but also understand its weakness
such as lack of privacy (transactions can get traced easily now and even more easily in the near future with upcoming regulations) and the inefficiency / handycapped
use of it on a truelly global scale involving millions of transactions when it will be trying to fullfill the role of electronic cash (and most likely failing).
* there is already a growing awareness of this weakness of Bitcoin that you see expressed in articles coming out lately but if that will persuede either
current bitcoin users or new bitcoin users to look for alternatives is still very much the question.
- To have DASH as better alternative it will need to have a simple package that is easy to understand, easy to use, very fast and very secure. That will mean moving towards not only
PC / Windows users but also Phone users (Android, IOS, Windows Phone) and making everything very very user-friendly.
- DASH will have to get an effective marketing campaign setup to attract more attention and position itself as direct competitor of Bitcoin.
When these conditions are met i feel DASH will have a good chance of being considered a better alternative to Bitcoin.
Teaser screenshot of Dash Code-Name "Evolution", this screenshot is just one of many parts that together will form "Evolution", hopefully more teasershots / information will follow
from the Dash Core-Team about the other parts.
Note : Dash Evolution is Dash's next major upgrade v13, No ETA yet and no specifics at this point either
For latest information about Dash Evolution check out this video :
https://dashtalk.org/threads/evan-duffield-explains-dash-technology-and-announces-evolution-at-bitcoin-wednesday.6453/#post-71489
and this link : https://dashtalk.org/threads/development-update-oct-19-2015.6429/
Quote
Evolution is a completely different way of thinking about cryptographic currency. To start, weve figured out how to implement an API in such a way that its both completely secure and decentralized. This will allow us to use 5-20 DASH random sub-quorum servers per request, instead of all of them as is the norm with the rest of the cryptographic currencies (each node must process each request individually). That alone gives us a large leap in technological abilities that none of our competitors have, but combined with our decentralized storage mechanism we can enable large scale support of user-based storage. This means our users data will live on the network and they can jump from their android Dash wallet, to a browser-based Dash wallet without losing information about their transaction histories, friends or private messages.
Technical details of the system are quite impressive alone, which is what we revealed at Bitcoin Wednesday in Amsterdam. However, thats not really what is going to sell the system. Were going to compete by making a new type of cryptographic currency that is user-focused.
All components of cryptographic currency are being rethought.This is intended to be a platform that the rest of the world can use without being scared away by all of the complicated cryptography happening behind the scenes. When a transaction comes into your wallet, it will say Evan sent you 41DASH for Samsung 2005 TV, not 41DASH from XrWaFt4YY3AevBoZWkmrQEYSAYwiUFodtB. The later scares away a large percentage of the population, because it looks complex and feels unsafe.
If we told everyone within the community every detail, we would steal our own momentum, so were going to show a proof of concept of this system in action at Bitcoin Miami. This is quite exciting because this is one of the largest most influential conferences within the Bitcoin ecosystem and we hope to ignite a lot of interest.
DAPI will also include a vastly improved version of masternode blinding. All requests through the system can be blinded, so that they are redirected through the system to a masternode that doesnt have any direct contact with the end user. This is the reason we will not be building masternode-blinding into the v12 client.
Technical details of the system are quite impressive alone, which is what we revealed at Bitcoin Wednesday in Amsterdam. However, thats not really what is going to sell the system. Were going to compete by making a new type of cryptographic currency that is user-focused.
All components of cryptographic currency are being rethought.This is intended to be a platform that the rest of the world can use without being scared away by all of the complicated cryptography happening behind the scenes. When a transaction comes into your wallet, it will say Evan sent you 41DASH for Samsung 2005 TV, not 41DASH from XrWaFt4YY3AevBoZWkmrQEYSAYwiUFodtB. The later scares away a large percentage of the population, because it looks complex and feels unsafe.
If we told everyone within the community every detail, we would steal our own momentum, so were going to show a proof of concept of this system in action at Bitcoin Miami. This is quite exciting because this is one of the largest most influential conferences within the Bitcoin ecosystem and we hope to ignite a lot of interest.
DAPI will also include a vastly improved version of masternode blinding. All requests through the system can be blinded, so that they are redirected through the system to a masternode that doesnt have any direct contact with the end user. This is the reason we will not be building masternode-blinding into the v12 client.