August 10, 2019 8:40 am
Dash Claims “Better Than Bitcoin” Security
The Dash (DASH) network is now more secure than Bitcoin (BTC), according to several executives of the core team. An upgraded consensus protocol and instant-by-default transactions are expected give Dash significant advantages in user experience and the network’s utility.
Known as LLMQ-based ChainLocks, the upgrade uses masternodes to ‘lock’ new blocks, thereby preventing network forks or double-spends. Each successful block becomes immutable as soon as it is broadcast, making its transactions irreversible.
According to Fernando Gutierrez, Dash Core CMO, ChainLocks make 51% attacks and reorgs prohibitively expensive. “We don’t…………
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Author: Paddy Baker
Original link: ttps://cryptobriefing.com/dash-chainlocks-bitcoin/
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tungfa
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tungfa is responsible for social media communications, and posts both original stories and links to news coverage of Dash from around the web.