Evan Duffield said about Dash Evolution, the inferiority of the ICO and the absence of competition

A new stage of development of the project Dash — Dash Evolution — expect many members of the crypto community, but the timing of the implementation of this step seems to be not known, even the chief developer Evan Dash to Duffield.

In an exclusive interview for Forklog Duffield modestly lowered the answer to this question, however, shared another interesting and important information for all fans of the Dash, which after the release of Evolution should only increase.

Evan Duffield Dash Evan Duffield

FL: so, the announcement of Dash Evolution happened about a year ago. How goes the work on the new system?

Evan Duffield: Development continues and now we are developing the base layers, which then will build all the necessary components.

FL: what are the main advantages of the Dash Evolution for users? And when it will launch?

Evan Duffield: standard users will be able to get the same benefits as centralized services like PayPal. Our goal is to offer people something they are already used to dealing with, but with lower commissions, greater throughput of transactions and convenient analytical tools for growth and expansion of the project.

FL: Tell us about the world dash-community. In which countries it is most actively developed?

Evan Duffield: We are still developing, and most of the increase has come from investors. I think, like in case of other projects they are interested in benefits and growth in the case of significant adoption of cryptocurrency. In our case, the model of remuneration of investors is very different from models in other projects. For example, investors Dash receive not only gratitude for the investment, but monthly dividends in the form of payments from mastered.

FL: Many are now waiting for the release of zcash for. Do you zcash for Monero and its competitors?

Evan Duffield: not a Monero or zcash for are not competitors Dash, although many of the members of the respective communities love to compare these projects with us. Dash aimed for the mass adoption and building bridges that will enable us to achieve this. Zcash for Monero and aims to create a completely anonymous registry transactional data.

Anonymity was a key element of our initial strategy, but, although we maintain and continue the development of PrivateSend, our project has grown considerably. Now we offer much more than just anonymity, instant transactions, effective management system, development on their own funds, and, of course, work on Evolution, which will provide even greater ease of use.

FL: Not long ago, popular in Latin American countries payment system Cryptobuyer announced support for the digital currency Dash. If Dash becomes more active in this region?

Evan Duffield: I was told that people from South America interested in the Dash, and it's a pretty obvious choice given our goal of decentralized banking, which for this region is highly suited.

FL: In your opinion, the current price of Dash fair? Do you expect growth?

Evan Duffield: Price Dash has grown from zero (in January 2014) to more than $ 10 at the moment, and I think this is a great profit for a project our size. We have sufficient capital to continue development, and profits for investors has increased markedly compared to last year.

We expect that every release will be significant growth as our vision will become more clear. It is difficult to assess all this “backroom work” right now, but I think people are very surprised at how quickly we are progressing.

FL: what do you think, how promising bitcoin now? Whether solved urgent problems of scalability? And what will happen to the bitcoin price at the end of the year?

Evan Duffield: no Matter what will come up in bitcoin, it does not have a tiered network. I think such a network is absolutely essential to the effectiveness of the system could be scaled up with increasing transactions. All the solutions proposed up to the present moment, deprived of the necessary economic incentives, such as those built into the network Dash.

FL: we Know that now many companies are ICO to obtain financing. How do you feel about this phenomenon? If you participated in the ICO?

Evan Duffield: ICO is an interesting concept, it mixed venture investments and decentralized technologies. I myself never participated in the ICO, as I'm not sure who actually owns the software. I'm not thrilled with the thought to sell part of a centralized company, which then starts to control a decentralized project. I think this idea is inherently flawed.

FL: In April of this year, two Chinese manufacturer DualMiner and Pinidea announced the development of the first special purpose chips (ASIC) miner Dash. Did they come?

Evan Duffield: Development of ASIC-miners – positive phenomenon in the sense that they provide greater network security.

FL: Then you said that fear of the centralization of mining, which, in your opinion, has happened with bitcoin and litecoin. How do you try to avoid it or you will not intervene in this process?

Evan Duffield: ASIC concerns me most is the increasing economies of scale when purchasing and deploying most of these chips. Such economies of scale may lead to greater centralization, which is definitely to be avoided if at all possible. Fortunately, this happens very slowly, and, I think, before it becomes a serious problem, we have a lot of time to deal with it. We have a strategy for these questions, but before introducing it we need to start Evolution. We are not in a hurry.

FL: Thank you Evan, waiting for news about Dash Evolution.