Developers of Digital Currency Platform Dash are Releasing 4 Improvement Proposals for DashPay
Samuel Westrich, Head of Mobile Team at
Dash Core Group, an organization focused on the development of Dash (DASH), a widely-adopted digital currency platform and ecosystem, reveals that he’s been active in Dash’s ongoing development since 2015.
Westrich notes that his team is getting closer to introducing the Dash Platform and updating its digital wallets to support the DashPay contract and associated specification. He added that he’s planning to provide more updates on these developments in the coming months.
Westrich confirmed that his team is releasing 4 new Dash Improvement Proposals (DIPs) related to or surrounding DashPay. He pointed out that the Dash Platform is a byzantine fault tolerant system that “provides state replication.”
A testnet implementing VIP-193 will be launched, and it will provide faster transaction confirmation.
VeChain has completed the V-200 protocol to allow blocks to offer finality related messages.
VeChain (VET) has been working seriously hard to implement the Proof of Authority (PoA) 2.0 algorithm become a reality. The company recently announced that it has made important progress towards its realization.
According to the announcement, plans are already in place to launch the protocol. The company said once launched, it will improve blockchain scalability and improve performance as well.
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Reading Time: 2 minutes
by
Ogwu Osaemezu Emmanuel
on
December 11, 2020 Altcoins
The VeChain (VET) has announced that significant progress has been made so far in their work towards implementing the Proof of Authority (PoA) 2.0 consensus algorithm, which it says will boost the scalability of its blockchain, while also improving performance, according to reports on December 10, 2020.
VeChain Eyes Better Performance
As more and more enterprises continue to adopt and integrate VeChainThor into their processes, the team behind the distributed ledger technology (DLT) project is working hard to make the platform more robust, secure and resilient for its users.
In the latest development, Peter Zhou, the chief scientist of the VeChain Foundation, the Singapore-based non-profit organization dedicated to making the project a success, has taken to Twitter to reveal that he and the VeChain core development team have reached a significant milestone in the implementation of PoA 2.0.