RATE Group | Dash is More Secure Than Bitcoin, Say Executives Of Dash Core Team
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Dash is More Secure Than Bitcoin, Say Executives Of Dash Core Team

11 Aug Dash is More Secure Than Bitcoin, Say Executives Of Dash Core Team

Posted at 01:31h in Bitcoin News by

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Executives of the Dash Core team have claimed that Dash Network is much more secure than Bitcoin. Several of them feel that the two recent developments, instant-by-default transactions, and an upgraded consensus protocol, will give the network considerable advantages in terms of user experience and usability of the network.

The new upgrade, called LLMQ-based ChainLocks, makes the masternodes to lock new blocks, which prevents issues like double spends and network forks. After the upgrade, each successful block will become immutable the moment it is broadcasted, and its transactions become irreversible. Dash Core CMO, Fernando Gutierrez says that the new upgrade makes 51% attacks and reorgs unbearably expensive.

He added that measuring security in terms of hashing power doesn’t make sense, but the cost behind executing a successful attack does, and that’s what makes Dash a more secure blockchain than others. The combination of InstantSend Transactions and ChainLocks make settling…

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