Dash Coin - Fork | Bitcointalksearch.org

Flodner

sr. member

Activity: 1974

Merit: 350

Quote from: tryingluck77 on February 16, 2018, 10:20:14 AM

It is months of work or will take years ?

While making simple fork might take months, it will take years to make successful fork. Dash team is working instantly on the improvements, so in order to be successful you'll need to have good team and good budgets.
I've heard from different people that they want to make Dash forks.
But no successful fork comes to my mind, if somebody knows any - please share here

tryingluck77

newbie

Activity: 94

Merit: 0

Quote from: qwizzie on February 14, 2018, 08:14:02 AM

Quote from: tryingluck77 on February 14, 2018, 07:59:23 AM

How long does it take to fork a dash coin to something like PIVX ?

Depends what elements of Dash you want to fork with it.

Dash currently has :

POW mining (X11) (miners get 45% of the block reward)
Masternode network (masternodes get 45% of the block reward)
Decentralized Budget System (10% of the blockreward is reserved for this)
Decentralized Governance System (masternode owners vote over budget proposals)
InstantSend (optional : transactions can get confirmed instantly)
PrivateSend (optional : transactions can be sent in a private way, which make tracing them on the blockchain incredibly difficult)
DAO Setup (Decentralized Autonomous Organisation)

and Dash is working towards a major update called Dash Evolution, which extends above elements with new elements focussed on userfriendly and scalability.

In order to become a successfull fork from Dash a cryptocurrency needs to have all of the above and also have them improved and extended in some way.
I think that will be very difficult to accomplish. Already there are tons of Dash forks out there, so the competition will be brutal.

It is months of work or will take years ?

jacaf01

hero member

Activity: 742

Merit: 500

The revolutionary trading ecosystem

It is up to you to build a strong community around your project, if people don't believe in your project they will not hold the coin, but if they believe that this project is likely going to succeed long term, they will gamble on the success of the coin and hold it, and this will help the price to do well long term

qwizzie

legendary

Activity: 2548

Merit: 1245

Quote from: tryingluck77 on February 14, 2018, 07:59:23 AM

How long does it take to fork a dash coin to something like PIVX ?

Depends what elements of Dash you want to fork with it.

Dash currently has :

POW mining (X11) (miners get 45% of the block reward)
Masternode network (masternodes get 45% of the block reward)
Decentralized Budget System (10% of the blockreward is reserved for this)
Decentralized Governance System (masternode owners vote over budget proposals)
InstantSend (optional : transactions can get confirmed instantly)
PrivateSend (optional : transactions can be sent in a private way, which make tracing them on the blockchain incredibly difficult)
DAO Setup (Decentralized Autonomous Organisation)

and Dash is working towards a major update called Dash Evolution, which extends above elements with new elements focussed on userfriendly and scalability.

In order to become a successfull fork from Dash a cryptocurrency needs to have all of the above and also have them improved and extended in some way.
I think that will be very difficult to accomplish. Already there are tons of Dash forks out there, so the competition will be brutal.

tryingluck77

newbie

Activity: 94

Merit: 0

How long does it take to fork a dash coin to something like PIVX ?

Topic: Dash Coin - Fork (Read 173 times)