|

Dash developers announced the timeline of  Evolution platform release

  • Dash will reveal the timeline for its Platform on December 7.
  • The solution will become a flagship product of the project.

On December 7, the team of Dash developers will hold a special event devoted to the Evolution update. The new version of the platform shall be deployed to the testnet Evonet in December.

The event hosted by Dash Core Group will take place in Scottsdale in Arizona. The team will provide details on the functionality of the platform and the cryptocurrency wallet with Dashpay support. Also, the developers will explain how to participate in testing.

Dash Core Group positions Dash Evolution as a flagship product; however, the release has been postponed several times. Thus, initially, t was expected to go online in 2018. 

Dash Evolution was envisaged as a decentralized payment system for a broad customer base. However, the concept was modified several times, and eventually, Dash Platform transformed into a technological stack for decentralized applications (dApps).

According to Dash Core Group developer Ivan Shumkov, the platform will include communication protocol between users and applications, payment requests and access rights to Drive data.

To ensure the operability of the services, Dash Platform will rely on the master nodes network. According to Shumkov, this is a more scalable solution that the Dash network itself as master nodes will have a high economic motivation to provide quality services. 

Author

Tanya Abrosimova

Tanya Abrosimova

Independent Analyst

 

More from Tanya Abrosimova
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

AAVE slips below $186 as bearish signals outweigh the SEC investigation closure

Aave (AAVE) price continues its decline, trading below $186 at the time of writing on Wednesday after a rejection at the key resistance zone. Derivatives positioning and momentum indicators suggest that bearish forces still dominate in the near term.

Hyperliquid stabilizes amid plans to burn assistance fund

Hyperliquid (HYPE) stabilizes above $26 at press time on Wednesday after three straight days of losses. Hyperliquid Foundation has started a validator vote to reduce supply by burning the assistance fund, which holds over 37 million HYPE tokens.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple extend correction as bearish momentum builds

Bitcoin, Ethereum, and Ripple remain under pressure as the broader market continues its corrective phase into midweek. The weak price action of these top three cryptocurrencies by market capitalization suggests a deeper correction.

Ethereum Price Forecast: Active addresses plunge to May levels amid resumption in US selling pressure

Ethereum (ETH) weekly active addresses have plunged sharply in December, declining from 440K to 324K, levels last visited in May. The decline in active addresses has also pushed down the number of transactions on the network to July lows.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.