How did this happen – Dash made 60% to its investor in 12 hours

We have left behind a very stormy week for digital currencies.. Dash, which stood out on the last day of the week while eyes were on Bitcoin and Bitcoin Cash, has seen an impressive increase in the last 24 hours, distracting all attention.

In the early hours of yesterday, Dash was worth $319.. In less than 12 hours, the price rose as high as $520, giving its investor a 60 percent return.. The real question is, how did this happen?

Large block size activation

Bitcoin block size increase was going to occur with SegWit2x, but with SegWit2x’s cancellation, this was shelved and those who expected block size increase hoped for it. could not find. Dash had already increased the block size on its network, pulling blocks to 2MB. With its large block size, Bitcoin Cash is a big favorite with many investors, and it’s possible that some have invested in Dash.

Earlier this year, Dash received positive support from key figures like Roger Ver and Charlie Shrem

Dash has its own scaling plan and is on track. Evan Duffield, founder of Dash, which aims to use ultra-large blocks, said earlier this year:

“Many projects believe chain scaling is impossible. This is due to unexplored alternative P2P architectures for higher performance.. We want to see how far a second-tier architecture can take a project like Dash.”

Version 12.2 and Evolution

The Dash team updated the software last Wednesday, giving the system some important updates. brought innovations. The update contained many changes besides updating the blocks to 2 MB. These updates also pave the way for Dash Evolution, which is expected to take place next year.

Evolution will facilitate the use of digital currencies in a way that “even your grandmother can use,” according to the official website.

Evolution Since it is expected that .
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