Dash’s 12.2 Software Upgrade Reduces Fees, Increases Speed

[kreslik.news]

Dash’s payment network just doubled its transaction rate and significantly reduced its fees. Regular transactions on the highly anonymous Dash network now cost less than one cent; Dash’s special InstandSend transactions, which are executed in less than two seconds, now cost a mere 2.8 cents. To put that in perspective, the United States Federal Reserve reported in 2015 that the average debit card transaction costs roughly twenty-eight cents, a number that increases along with the transaction amount.

Meanwhile, transactions on the Bitcoin network have become so expensive, and take so long to be confirmed, that smaller transactions have been ... (read more)