DASH Evolution Roadmap- evolution supports 400 MB Blocksize!
DASH has recently announced a roadmap for the next major update, named "DASH evolution". The name already suggests some major improvements, and this is definitely the cause. There are two major announcements:
- https://www.dash.org/2017/06/27/roadmap.html - Official Roadmap
- https://www.dash.org/2017/06/26/Evan-Duffield-Hong-Kong.html - Evan Duffield's vision for the future of dash
One thing i want to analysis is this:
- "Scaling to ultra large blocks : All-inclusive plan for building hardware and software to move from 2MB blocks through 400MB blocks"
This is a huge announcement because blocksizes are usually quite small. For example, bitcoin blocks are 1MB. The larger the blocksize, the more there is to download with a full client is installed. This is blocks that are created are kepted forever one the blockchain, so having an excessively large blocksize will drastically increase the amount of data needed to be downloaded and stored.
The road map deals with this problem by stating that their vision for the future is to have dedicated nodes that keep the blockchain, rather than having everyone download the blockchain. In fact, DASH will scale in such a way that there will be minimum requirement specs for masternodes - eg v13 Evolution will require 1TB HDD / 128GB SSD.
Advantages:
- miminum specs guarentee a fast fuctioning node network, especially important for dash because DASH relies on master nodes for instant send and private send
- Allows larger blocksizes - and hence more transactions
Disadvatnages:
- Less decentralization.
That said, DASH masternodes require a 1000 DASH deposit, which at this point in time is $170,000. So an argument could be put forth that masternode owners can afford some additional hardware if they are already putting down a $170,000 deposit.
Hope you can follow me for more updates on DASH evolution and