First published at 18:30 UTC on February 3rd, 2020.
Bitcoin Gold users recently discovered that their blockchain of choice had suffered a 51% attack, leading to significant losses. This attack, while unlikely in more established blockchains, remains a threat to most PoW coins. Find out how Dash has u…
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Bitcoin Gold users recently discovered that their blockchain of choice had suffered a 51% attack, leading to significant losses. This attack, while unlikely in more established blockchains, remains a threat to most PoW coins. Find out how Dash has used their industry-leading technology to mitigate this ever-present threat in this episode of CATV.
Bitcoin Gold suffers 51% attack: https://cointelegraph.com/news/bitcoin-gold-blockchain-hit-by-51-attack-leading-to-70k-double-spend
Investopedia definition of 51% attack: https://www.investopedia.com/terms/1/51-attack.asp
Details of Dash's Chainlocks feature: https://blog.dash.org/mitigating-51-attacks-with-llmq-based-chainlocks-7266aa648ec9
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--- DASH IS A BETTER MONEY FOR A BETTER FUTURE ---
Dash, also known as digital cash, is a new concept in finance. It provides a way for people to maintain their economic freedom when powers seek to force people into trackable electronic transactions. Dash offers ease of use, privacy, security, and speed as you make purchases. Dash is also a decentralized autonomous organization, or DAO for short, supported by a P2P network of servers worldwide. There is a limit to the amount of Dash that will ever be created, so no central banking authority will be able to print Dash and create inflation which would subject your wealth to devaluation. It's your hard-earned money, you have the right to see it maintain its value. Dash is a financial instrument that can impower people in developing countries who are unbanked. This will lead to increased productivity in these countries, and will a..
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