Mark Mason
Well-known member
What InstantSend Taught Us About How NOT to Implement Cryptocurrency Features
I spend a lot of time talking about unique things that Dash has done better than everyone else. I want to take a moment this week to instead talk about a mistake.
One of Dash’s hallmark features, InstantSend solved the double-spend problem in Bitcoin by having masternodes lock the inputs of a transaction so that they can’t be spent elsewhere, effectively making transactions confirmed in 1.3 seconds instead of 10+ minutes. While certainly revolutionary, this innovation was unfortunately implemented in a way that caused it to be overlooked for years.
Read more - https://dashnews.org/what-instantsend-taught-us-about-how-not-to-implement-cryptocurrency-features/
I spend a lot of time talking about unique things that Dash has done better than everyone else. I want to take a moment this week to instead talk about a mistake.
One of Dash’s hallmark features, InstantSend solved the double-spend problem in Bitcoin by having masternodes lock the inputs of a transaction so that they can’t be spent elsewhere, effectively making transactions confirmed in 1.3 seconds instead of 10+ minutes. While certainly revolutionary, this innovation was unfortunately implemented in a way that caused it to be overlooked for years.
Read more - https://dashnews.org/what-instantsend-taught-us-about-how-not-to-implement-cryptocurrency-features/