Hybrid
model cryptocurrency unlocks its digital ecosystem for the first time
DasCoin, the blockchain-based currency at the centre of an innovative
digital asset system, has published the source code for its blockchain on
GitHub. The move reflects the ethos of transparency at the heart the innovative
cryptocurrency, whose unique hybrid model combines strong self-governance with
a consortium blockchain.
GitHub is a repository for open source code that is popular with some of
the world’s leading cryptocurrencies. The platform is used by many prospective
customers as a destination to analyse code before making purchase decisions.
The DasCoin blockchain is built in C++ and is based upon Bitshare’s
Graphene platform. Chosen for its exceptional speed, scalability and
efficiency, the platform is one of the longest ledgers in existence and is
designed to incorporate other emerging technologies as they are developed.
In publishing the code, almost every piece of
information on DasCoin’s blockchain becomes available to view. The only part
that remains private is DasCoin’s consortium blockchain node architecture,
mitigating against attacks and permitting self-governance of the platform.
As a further security measure, DasCoin is both KYC and AML
compliant. This ensures participants are verified, adding extra security,
offering fraud prevention, further demonstrating a unique transparent system of
operation.
Commenting on the
publication, DasCoin CEO Michael Mathias
said: “We believe that DasCoin’s unique hybrid model is a gamechanger for our
industry, bringing together the very best characteristics of the centralised
and decentralised frameworks in the cryptocurrency space.
“However, we
recognise that to become the currency of trust for the new digital economy, we
need an open window on how we operate. Publishing DasCoin’s codebase is an
important step on this journey; not only does it underpin our commitment to a
transparent digital ecosystem but it places DasCoin shoulder-to-shoulder with some
of the world’s top cryptocurrencies, showcasing the strength of our technology
for all to see.”
DasCoin’s
blockchain has been future-proofed by the addition of key operations to the
Graphene platform, such as access to WebWallet vaults (where DasCoin are
stored), allowing for a vast ecosystem of services and products to be created
in the future. In parallel with the expansion of its digital ecosystem, DasCoin
will continue to publish code on GitHub over the coming year.
To view the
DasCoin codebase visit: https://github.com/techsolutions-ltd/dascoin-blockchain
About
DasCoin
DasCoin
is the blockchain-based currency at the center of an innovative digital asset
system that seeks to optimize the strengths and eliminate the weaknesses of
existing currency systems. It is fast, efficient, balanced, secure and
scalable.
DasCoin
is focused on creating a digital currency that delivers superior performance
through greater operational efficiency, increased transaction capacity, wider
distribution, better governance and greater regulatory compliance. Protected by
industry leading security protocols and a permissioned blockchain, DasCoin is a
pioneer in the sector with the goal of becoming the world’s first mainstream
digital currency.
DasCoin
encompasses a fully-authenticated global community of users, world-class
consortium blockchain technology, an integrated ecosystem, decentralized wallet
access, a powerful incentivized growth engine, best-in-class payment system
architecture and an interoperable blockchain protocol.
