DASH enthusiasts wanted to put their cryptocurrency to the test and see how many transactions they could process within a twenty-four hour period.
The stress test was performed by Delta Engine, the company behind MyDashWallet (a popular DASH web wallet). After starting the test on Sunday, November 11th, DASH completed a total of three million transactions. This chart from CoinMetrics shows DASH hitting the three million tx milestone:
Source: CoinMetrics
This test broke DASH’s previous record of 464,000 transactions in a 24-hour period, performed earlier this year. The three million tx/day sets the record for the most transactions on any Bitcoin-based cryptocurrency in one day.
DASH is a fork of the Bitcoin codebase, meaning it uses the same foundational architecture as Bitcoin, but has a few tweaks and none of Bitcoin’s transaction history. Many cryptocurrencies are based off of this same structure, and this represents a great feat for DASH. The previous holder of this record is Bitcoin Cash (BCH), who held a stress test earlier this year that clocked 2 million transactions in one day.
#Dash community we did it! ???????????? The stress-test is now over. It was a huge success & we managed over 3 million @Dashpaytransactions in ⏰ 24 hours! That’s a new ATH record for a #Bitcoinbased #Blockchain! A special thank you to @BennyNitschke for your efforts today ???????? pic.twitter.com/uMLC4PWkRu
— Mark Mason (@StayDashy) November 12, 2018
It should also be noted that DASH’s blocksize didn’t limit its performance, DASH uses 2 MB blocks. This is twice the size of Bitcoin’s and for reference, Bitcoin is usually processing 200,000-300,000 transactions in one day.
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