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Dash doubles block size
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Dash doubles block size

News Desk
News Desk
January 31st, 2023
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Dash, the third most popular cryptocurrency used for global payments, is doubling its block size to two MB following 99 percent stakeholder approval.

Dash, whose current market cap is $25 million, has a four dollar per coin valuation. It cites three differentiation points:

  1. Instant confirmations (compared to 10 minutes or more for other cryptocurrencies);
  2. A mining system which retains a share of rewards to pay for future network development;
  3. Governance which is hard-coded into the network allowing stakeholders running a 1,000-plus Dash node to have an instant vote on future network development.

In a release Dash said it is a better solution for smaller transactions which bog down bitcoin blockchain.

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