DASH charges past $220, Delayed reaction to Evolution Announcements?

in dash •  7 years ago 

DASH is a perfect example of how the market is based on speculation. Recently DASH had a few big announcements regarding the major changes to the protocol- Dash EVOLUTION.

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Announcements:

June 27: Official Roadmap https://www.dash.org/2017/06/27/roadmap.html
June 26: Evan's announcement: https://www.dash.org/2017/06/26/Evan-Duffield-Hong-Kong.html

I covered some aspects of this on this post :

https://steemit.com/cryptocurrency/@boxmining/dash-evolution-will-support-400-mb-blocksizes

It seems like its only how that the market is responding to this, with a 20% increase in DASH price.

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Korean Boost


The biggest trade volume is on Bithumb today, with a 28% trade volume. Koreans seem to be extremely interested in DASH and other cryptocurrencies.

Key Announcements

There are some key announcements with regards to the changes in block sizes and even how to master node network functions. The whole concept of evolution is amazing with some key paradigm shifts. For example, Evan realized to improve DASH network efficiency, the master nodes must have signification hardware improvements. This had lead to some (gradual) change proposals:

  • Increase Master node storage capacity
  • gradually require master nodes to use better hardware (more RAM, better processor)
  • slowly phase to SSD based storage.

These changes will allow DASH to be a premiere network with elite machines.

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I got into Dash a few days ago. Very happy! I love your videos. keep it up!

thanks @jboogie!

I like the way Dash is making improvement to its infrastructure. In particular the transistion to SSD based storage. With no moving parts involved and faster access speed SSD cost on the Dash network can be reduced due to long SSD life span and hopefully reduced Tx fees.

They're also going to develop open source hardware which will benefit the entire crypto space

https://www.dashforcenews.com/dash-labs-third-dash-organization-headed-founder-evan-duffield-expands/

It's the time for dash and litecoin to shine. No matter what happens with bitcoin in August, we need a fast microtransaction system and those two are the way to go.

Litecoin has been a massive disappointment in regards to wallets and lack of improvements historically IMO. Things are probably looking up this year, but the lack of passion around Litecoin is long standing IMO. I am not a fan.

Sure the M - 3 addresses and everything else is kind of fastidious. Yet wallets are improving outside of the Litecoin development team, I like Dash more, maybe because of Amanda but Litecoin is also good.

Nice post. Dash, z cash and eth are growing to fast and it is a time to invest in them.

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I have recently got into Dash and I am really pleased with it I really enjoy its cheap transaction fees!

Got in Dash last month well in advance for Evo release. Dash is a game changer in payments. One day it could even rival Bitcoin in market cap.

As soon as I heard about Evolution advancements they're going to make and Dash's mission statement to become the cash of the future I got into it cause I'm confident they're gonna be the #1 crypto for day to day use. As they put it "Digital cash"

Absolutely. The best part: Bitcoin could literally be Dash today if it had a competent development team. InstantSend alone is huge when it comes to mainstream adoption as well as being run in-house, not farmed out to a 3rd party. The point of cryptos is not to have crypto credit card companies taking a cut along the way.

Watching Dash closely, I'm holding some. Thanks for your vids on YT bro

I cannot believe the market is that slow on picking up Dash since the Evolution announcement happened a while ago. Maybe its a combination of BTC potentially not resolving the scaling problem, ETH meandering and LTC going crazy so logically the next BTC alternative that could go up is either DASH or Monero and they both went up quite a bit.

thank you for your objective reasoning

thanks so much @kevbot !

I wonder if there is a list of big announcements so we can buy before the markets pile on. Whens the next ETH event?

Next ETH event is going POS.

Right When is going to fork, that is question haha

so much news of dash recently. are you looking into any masternodes?

I think Dash is soon up 670$ :)

Everything going going going! LTC is what I'm keeping close.

Love your videos man. Great post as always.

Dash wins. 10% treasury fund promotes its own adoption and it's commercializing extremely well, Evolution gives older (and generally wealthier) people easy access, and they have a clear path to Mastercard/Visa transaction volume. Meanwhile, the Bitcoin community is screeching at each other over SegWit and cute lil' 2 MB blocks.

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The Dash team is on the ball. No infighting like bitcoin has eventually suffered from (yes...btc not easy to change...Andreas. A etc)

Dash and PIVX wanna be real currencies for mass adoption, hope they will succeed.

Yea I was surprised when DASH didnt immediately sky rocket. I listened in on your recap call and read their roadmap and was like, yep to the moon. Then nothing on bittrex until yesterday. I sold all my DASH at 200 sadly lol waiting for a correction to get back in