Very exciting read from DASH founder Evan Duffield on the future of DASH via EVOLUTION software!!

https://medium.com/@eduffield222/hong-kong-research-and-planning-4206e065aa9c

I’m happy to announce that after several days of planning, meeting, and documenting, we have finished the final version of Dash Evolution’s roadmap and implementation plan. This is a game-changing plan which turns our network from a small, minor player in the space into the first ever network capable of competing with major payment networks directly. We will be able to compete with credit cards on their own level, matching their transactional volume but charging lower fees and easier to use solutions, and we will do this while maintaining complete decentralization.

We are far ahead of every other project in the space, having been aided greatly by our decentralized governance and budgeting system. Using the budget system, we have been (and will continue to be) able to pay for top talent to design and implement each component without falling into centralized profit-seeking methodologies that result in bottlenecks and potential points of failure.

I have always been opposed to any switch to a proof-of-stake consensus method due to potential security issues. While doing research for Evolution, it has become clear that the only way to securely implement quorum-style technology is to utilize our hybrid proof-of-work (mining) and proof-of-service (masternodes) model. Competitors who have switched to proof-of-stake should consider switching back to proof-of-work to harden their hashes if they wish to use quorum technology. Without proof-of-work providing an additional layer of security, such systems are vulnerable to several different forms of attack.

Very exciting to hear how far along the roadmap for EVOLUTION has progressed. Looking forward to more exciting news on EVO.