This week continues to be another impressive week with new network developments, integrations, and overall news that advances Dash towards becoming Digital Cash. Continue reading below to get a summary of the week.
Dash Network Developments of the Week:
- Dash Activates ChainLocks 51% Attack Protection, Becomes Most Secure Decentralized Currency?: This week, the last two sporks, or multi-phased forks, of Dash version 0.14 were activated which introduces two evolutionary features. The first, new LLMQ-based InstantSend, which enables all Dash transactions to be both instantly confirmed and instantly able to be respent. Second, ChainLocks was activated, which protects the network against 51% mining attacks by leveraging LLMQs and the masternode network. These upgrades make Dash have a significant advantage over other coins, even Bitcoin, for being extremely secure and also easily and cheaply spendable.
- Dash Investment Foundation Elects Supervisors, Charts New Course for Cryptocurrency Funding: The Dash Investment Foundation was created to enable the Dash network to take ownership in projects it invests in rather than only a grant-style system with the DAO Treasury, but still be decentralized. Overseeing the day-to-day operations and directors will be the six supervisors, whom are elected each year. However, since two supervisors had to be appointed at the creation of the DIF, only four supervisors were elected this year and they are……………
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Author: Dash News
Original link: https://dashnews.org/this-week-in-dash-july-1st-july-6th/