Evan Duffield: Dash aims to make digital currency more accessible

埃文•杜菲尔德recently attended the Latin American Bitcoin Conference LaBitconf, where he talked about Dash's open source development plan. The next phase will include the development of distributed social data storage, social network functions, identification systems, and distributed application programming interfaces (DAPI).

During the LaBitconf conference, Evan Duffield was interviewed by DisrupTek.info and talked in depth about the future development of Dash. Duffield said that the goal of Dash is to achieve PayPal-like functions in the digital currency field and significantly improve the ease of use of digital currency.

Here are some highlights of DASH Evolution as presented by Duffield.

Distributed API

One of the main focuses of DASH Evolution is the distributed application programming interface, or DAPI, which Duffield described as a “mobile interface that users can use to interact with the network, acting like a centralized API, but decentralized.”

This API can only be accessed and executed by Dash masternodes. To run a Dash masternode, you must first have 1,000 Dash as collateral. In addition, the API has the right to use Dash's secondary network and profit from it. On top of Dash's X11 proof-of-work mechanism, Dash has also brought the security structure of the equity proof mechanism. Given the high operating costs of Dash masternodes, this architecture is immune to "sybil attacks."

Duffield explained how the API's security model works, saying:

“When you call DAPI, seven master nodes execute it at the same time, and these master nodes are definitely POS calculated, so you can’t forge it… All seven master nodes will get the same result, sign it with their respective private keys, and finally return the same result. In this way, you know it has not been tampered with.”

Pseudonymous identity

Another notable feature of Dash that Duffield introduced is “DASH identity.” Users can select metadata and modify their username and email address. Duffield explained that this allows users to share public keys in an end-to-end encrypted manner. The list of public keys is shared in the background, which allows users to protect their privacy by default.

He explained that users can make their usernames or email addresses public if they want to make it easier for others to look them up, adding: “This feature is very user-friendly, even for people who don’t know crypto, and it makes it easier for us to acquire new users.”

This metadata is stored on a distributed, encrypted, and shared data storage network maintained by Dash masternodes, unlike Bitshares or NXT, which store identity information directly on the blockchain.

Duffield believes this makes Dash the latest Silicon Valley buzzword, “social marketplace.”

Distributed Storage

When it comes to distributed storage, Dash is not the only development team in this field. Storj, Maidsafe and Scia have been working in this field for months or even years. So when asked whether Dash will enter the distributed storage market, Duffield replied:

“My answer is no, what we do is store metadata for our users, enabling them to store their data in an encrypted manner on our masternode network.”

He added that Dash’s current development tasks are already very full and it will take a year to see the results of the development. However, he estimated that in the future, “someone will fork Dash” in the market.

When talking about the expected timeline for Dash Evolution to be complete, Duffield explained that the proof of concept will take two months, and after a year and a half, we will have a high-quality software release.

“It’s a huge project.”

Original article: http://www.newsbtc.com/2015/12/11/evan-duffield-explains-dash-evolution-social-market/
By Juan Galt
Translator: Bibit
Editor: Bibit
Source (translation): Babbitt Information (http://www.8btc.com/aiwendufeierde)