{"id":17107,"date":"2016-01-07T03:17:56","date_gmt":"2016-01-06T19:17:56","guid":{"rendered":"https:\/\/www2019.dash.org\/2016\/01\/07\/dashs-incredible-2015-and-a-gaze-into-the-crystal-balls-2016\/"},"modified":"2021-09-18T11:40:16","modified_gmt":"2021-09-18T11:40:16","slug":"dashs-incredible-2015","status":"publish","type":"post","link":"https:\/\/www.dash.org\/news\/dashs-incredible-2015\/","title":{"rendered":"Dash’s Incredible 2015 (And A Gaze Into The Crystal Ball’s 2016)"},"content":{"rendered":"

Crosspost from Dashtalk. Original post by Ryan Taylor, aka babygiraffe.<\/p>\n

The passing of a year is a time of unusual rituals around the world, both to celebrate the arrival of the new year, and to predict what that year might entail. The Spanish eat 12 grapes at midnight \u2013 one for each month of the coming year. Sweet ones portend a great month while sour ones predict less favorable ones. The Danish have a propensity to leap from chairs at the stroke of midnight, though I\u2019m guessing this doesn\u2019t do much to predict fortune in the coming year, unless someone ends up in the emergency room. The Chinese go all out, celebrating for 10-15 days, though their new year occurs somewhere between mid-January and mid-February every year.<\/p>\n

Despite all the differences around the world of when and how a new year is celebrated, almost all cultures seem to encourage taking stock of the year just past and making resolutions \u2013 or at least predictions \u2013 for the next one. As I take stock of this past year personally, it includes some good things and some bad things. The biggest change is that I got engaged and married to my best friend, so 2015 was clearly a great one \u2013 certainly one I will always remember. Dash was a big part of my 2015, too.<\/p>\n

At times, it may have seemed that 2015 was \u201cThe Year Of The Troll\u201d as we fought the urge to respond to an incessant organized campaign of misinformation. When you look past the noise, however, and look at our accomplishments and the market\u2019s response, it is clear that 2015 was nothing short of incredible.<\/p>\n

It\u2019s worth recalling that Dash is very young for a top-ranked crypto-currency; Bitcoin is over 5 years older. Given where the Dash project is and what has been accomplished already, it is easy to forget that this is Dash\u2019s very first full calendar year in existence. And yet, by almost any objective measure, Dash is doing amazingly well.<\/p>\n

Price is certainly one objective way to measure our success. While we\u2019ve repeatedly stated that price appreciation is not an explicit goal of the project, the team believes price appreciation will result from a well-executed strategy.<\/p>\n

Dash finished 2014 at $1.91 vs. $3.31 at the end of 2015. Investors have made an astounding 73.3% return. Masternode operators have enjoyed additional rewards throughout the year for their efforts to support the network\u2026 Masternode operators that retain their Masternode payments easily achieved over 100% returns. These results compare favorably to Bitcoin\u2019s 36.9% return for 2015.<\/p>\n

In terms of market cap, the numbers are even more amazing. We have grown from $9.54 million to $20.18 million, or 111.5% due in part to the growth in the number of coins. Our market cap growth also compares favorably to Bitcoin\u2019s 50.7% increase.<\/p>\n

In terms of market cap ranking, we finished 2014 ranked as the #12 crypto-currency, below Dogecoin, Peercoin, Bitshares, Stellar, Nxt, MaidSafeCoin, Counterparty, and yes, even below Paycoin. Today, we have solidly secured the #5 position in the rankings, overtaking all of the previously mentioned coins.<\/p>\n

So it appears that the market is beginning to value our achievements and market potential. When you take stock of the accomplishments the Dash community has delivered, it is understandable why. We have the most active and engaged community in crypto. Our community is filled to the brim with contributors helping in a myriad of ways as their time and talents permit, something you just don\u2019t see to the same extent with other coins. There is a strong feeling of comradery, respect, ownership, and appreciation in this community that attracts professional, hard-working, passionate advocates to our project. In addition, there seems to be a real spirit that we are doing something special and transformative that has the potential to literally change the world and people\u2019s lives for the better.<\/p>\n

So just what has the community achieved this year? Like I said earlier, it\u2019s truly amazing. There are so many incredible accomplishments, that I am forced to abandon prose in favor of a long bulleted list (that kot compiled\u2026 thank you kot!). Even at that, I am certain that many things have been missed, large and small. However, it is worth highlighting some of our key accomplishments.<\/p>\n

We had our first Dash-themed music video, which I have to admit, was not hard on the eyes. But, as much as you might have enjoyed that video, we are not all about marketing hype around here. We actually deliver innovation and are building out an amazing ecosystem surrounding ground-breaking technology, so I suppose I should highlight those things as well.<\/p>\n

First, we extended the use of our second network tier to perform more than simply mixing services. In February, we added InstantX, which allows instant confirmation of transactions, the first solution of its kind in the crypto space. In the same release, we migrated all of our code base to branch from Bitcoin instead of Litecoin. This allowed us to incorporate many recent improvements incorporated into Bitcoin. In March, we changed our brand from Darkcoin to Dash, which helped better position us for the mass market and align or brand with the broader capabilities we bring to the market besides anonymity. In May, we released the first ever voting by blockchain solution, which enabled yes \/ no voting on questions posed to the community. I believe the first vote was on whether that famous dress was black and blue, or white and gold. Clearly, the dress was white and gold. In August, we released the broadest set of changes ever deployed in a single release, consisting of some 21,000 new lines of code. It included decentralized governance and a budgeting system, yet another set of firsts in crypto\u2026 and that, it seems, has changed everything.<\/p>\n

The core team and community are now as empowered as ever. No longer is Dash beholden to the whims (and undue influence) of benefactors to try an idea. Anyone can submit a proposal, receive funding, and implement an idea if they can convince the community of its value. Plus, Masternode owners can more freely support good ideas, because they know that everyone else will be sharing in the burden of funding an initiative right along with them, rather than riding their coattails.<\/p>\n

As a result, starting in September, Dash has funded many amazing initiatives and truly accelerated its growth. We have purchased a new domain name, funded attendance at Bitcoin meetups and conferences, funded sponsorships, enabled a small salary for our developers and other contributors, engaged a public relations firm, and initiated integration with Lamassu ATMs to name but a few.<\/p>\n

Looking at this longer list of achievements, I am truly in awe and thankful to the community.<\/p>\n

Achievements<\/strong><\/h2>\n

1. Technical \/ Development<\/b><\/h3>\n