Week Ahead: Dash Masternode Update, New Binance Coin Listing, Future Blockchain Summit Dubai

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Week Ahead: Dash Masternode Update, New Binance Coin Listing, Future Blockchain Summit Dubai

By Graham McKinney
April 1st, 2019

This week we have several events happening on Tuesday 2nd April:

Funds continued to flow into cryptocurrency markets over the weekend, taking global market cap up to a 52 week high of $145.2 bln. With Bitcoin dominance now sitting a bit lower at 50.1% due to expanded growth in the alt-coin markets.

Alt-coin season has been in full swing with miraculous gains across many small cap coins, leading the pack today is TTC Protocol is up +40%, LOOM up +16% NULS up 10.65% and Dash up +10% with NANO and BAT also both trading up +9% at time of writing.

Binance has seen several large rallies during the weekend also on NULS up 100% over the past week and EVX rocketing up 400% also.

It was only the weeks before that we saw Ravencoin RVN and Binance coin BNB have a similar continued uptrend that brought very healthy returns to investors who bought the past lows.

Tuesday April 2nd:

Dash 0.13 Upgrade - Masternode Spork 15 Activation

The Dash Core Group have been planning the 0.13 upgrade since the start of 2019, the update includes a miner software upgrade for PrivateSend that enables obtaining privacy with mixing - faster and cheaper at only 0.001 DASH.

Updates also include Deterministic Master Node Lists (DML) for spork 15 and 16 activation. Spork is an invention exclusive to Dash and is defined as:

“A multi-phased fork, colloquially known as a “spork”, is a mechanism unique to Dash used to safely deploy new features to the network through network-level variables to avoid the risk of unintended network forking during upgrades.”

When utilised sporks allow code to be introduced to the dash network. Although this code is not turned on until a sufficient majority of the network adopts the changes.

Additionally, should any unforeseen problems arise, “the code can be deactivated in the same manner, without the need for a network-wide rollback or client update”

Sporks have already demonstrated their worth in a live environment as Dash’s network upgrades have occurred without an incident.

The 0.13 update requires that more than 80% of the masternodes register using the new Provider Registration special transaction (“the ‘protx’ command”). Presently at time of writing, approximately 60% of the masternodes have now upgraded.

Official WebsiteBuy Dash - DASH/BTC - DASH/USDT

Bitsten Lists Binance BNB April 2nd

Indonesia based crypto exchange Bitsten will list Binance Coin BNB on April 2nd - Announcement

Bitsten exchange aims to provide low cost access to crypto markets and has it's own exchange token also the Bitsten Token BST which is traded for INR, ETH and BTC on their exchange.

Potentially the listing of BNB at Bitsten will see a bridge for on-boarding Indonesian traders to trade on Binance in the future. The popularity of BNB certainly continues to rise, with the current market price testing $17 up 200% in just the first quarter of 2019.

Exchange: Bitsten.com

Future Blockchain Summit in Dubai Starts

The Future blockchain summit will be during the 2-3 of April in Dubai at the World trade center, providing network opportunities and seminars from over 120 leading industry professionals including HTC, UAE, World Bank, NFL and many more representatives in the blockchain and cryptocurrency spaces.

IOTA, Power Ledger POWR and Medical Chain MTN will be at the event, alongside other new blockchain ventures in government, retail and energy sectors - which will be featured in a showcase during the 2-day business event.