Dash, the privacy and usability-focused cryptocurrency, has announced the official launch of Dash Evolution, a decentralized platform that enables the creation and execution of data contracts.
Samuel Westrich, chief technology officer of Dash Core Group, announced the launch of Dash's new decentralized platform, highlighting that it is a significant milestone, marking a before and after in the history of cryptocurrency development.
According to Westrich, Dash Evolution represents the culmination of several years of development and lays the foundation for a new generation of Web3 applications in the Dash ecosystem.
Through this new platform, developers in the Web3 space will be able to create applications with fast, easy and reliable access to decentralized data, making Dash Evolution the first decentralized platform for the execution of data contracts.
What is Dash Evolution?
Dash Evolution is a decentralized application platform (DApps) that allows developers to create and execute “data contracts.”
Unlike smart contracts that run on other blockchain platforms like Ethereum, Dash Evolution data contracts focus on storing, managing and querying data securely, transparently and censorship-resistant, explained the developers of the cryptocurrency through a release published on its official blog.
The new platform is based on a sidechain architecture that interacts with the main Dash blockchain. This sidechain, called “Platform Chain”, uses a consensus mechanism called Tenderdash, a modified version of the Tendermint protocol, which allows for fast and efficient execution of data transactions.
According to the developers, Dash Evolution will be able to provide users with a much easier and more intuitive payment experience thanks to the integration of its first applications, such as the decentralized naming service DPNS (Dash Platform Name Service) and the DashPay platform, which They will guarantee the payment experience privately and without depending on a centralized third party.
Users will also be able to own their data outright, which the developers say will provide greater utility to the Dash blockchain.
A long period of development
The launch of Dash Evolution has been an important milestone in the evolution of Dash. However, the road to this launch has been quite long and complex.
The idea for this new platform was first conceived in 2015 and since then, the project has gone through different stages of development, involving various teams and overcoming numerous technical challenges.
In a publication Separately, Westrich explained that, after several failed attempts and changes in technical leadership, he assumed the role of CTO in 2021, driving a restructuring of the project and laying the foundations for its final development. For the past three years, the Dash Core Group team, led by Westrich, has worked hard to make the vision of Dash Evolution a reality.
“While I am certain that my architectural guidance and substantial contributions to the development were instrumental to our success, they were only one piece of the puzzle. The completion of Evolution was the result of a strong collaborative effort and would not have happened if it were not for the incredible contributions of many of our team members.”, Westrich stressed.
Innovation for the construction of Web3
Dash Evolution is presented as an innovative platform for building Web3 applications. Its focus on data contracts, combined with the speed, scalability, and security of the Dash network, makes it an attractive option for developers looking to create robust, easy-to-use dApps.
Among the first apps to launch on Dash Evolution are DPNS, a decentralized naming service that allows users to create human-readable usernames for their Dash addresses, and DashPay, a payment app that leverages privacy capabilities. and platform security.
With the launch of Dash Evolution, Dash positions itself as a key player in building Web3, offering a robust and versatile platform for the next generation of decentralized applications in the blockchain ecosystem.
