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With Dash on track to release its long-awaited Dash Platform on Testnet before the end of year, strong developer interest is starting to ramp up in anticipation of its Testnet launch, and Mainnet launch is scheduled for Q1 2021.
According to the official documentation, "Dash Platform is a technology stack for building decentralized applications on the Dash network. The two main architectural components, Drive and DAPI, turn the Dash P2P network into a cloud that developers can integrate with their applications."
To help educate and inform users about the upcoming release, Dash recently published a video series on YouTube presented by Amanda B. Johnson which simply explains Dash Platform's four key components: Dash Drive, Decentralized API (DAPI), Usernames via Dash Platform Name Service (DPNS), and the Dash Platform Protocol (DPP). The video mentions how Dash Platform's DAPI will be the world's first Decentralized HTTP API.
Dash Platform is currently in its Evonet developer phase with a growing community of devs exploring, building and testing the network to discover what's possible.
To learn more we reached out for an exclusive interview with an active Dash community developer using the alias 'readme' to get the inside scoop about Dash's exciting multi-year release called Dash Platform.
I took quite some time to explore the possibilities with the new data driven approach before choosing a topic that everyone knows - Non-Fungible-Tokens - and combined it with a game that everyone loves: Minecraft. So I am working on Non-Fungible-Tokens that store Minecraft build structures, also called schematics. I call the project “Dashcraft”. It is the kind of structure one can create using different building-blocks within the game - there is a purely construction based gamemode called “creative” for this. So it is like Lego, one can build anything, I personally like pixel art and abstract structures. In contrast to the announced Enjin-Minecraft integration: they will be storing game-items and -assets on the blockchain like weapons and armor. The build structures stored in Dashcraft are more art and utility related and can be created by everyone. The only constraint I set up on the Minecraft NFT’s is that each must be unique, so u can not submit an exact copy to the blockchain. The project consists of three parts:
The authentication and data submission is done through a simple browser wallet which I am also developing. This includes a variation of Push Notification service that is implemented on Dash Platform to communicate between the Minecraft Game and the Browser Wallet. The Dashcraft project has been finished recently and will be released on Testnet soon.
Yes, the ability to simply handle payment accounts with the decentralized API, usernames and Dash’s low transaction costs make it a great framework for developing in-game purchases, rewards and betting. There's a growing trend to store in-game items on the blockchain, and now with Data Contracts this is a great fit and makes a perfect match for game developers who want to integrate blockchain functionality. In order to use their login credentials game developers can utilize blockchain identities via usernames which will carry across a users profile, balance and contact list etc. In addition to this Dash’s instant settlement times and instant re-spendability solves a major pain point for game developers.
I have started to develop a data oriented token standard. This is in an early phase of development but it's a very interesting research topic. Only the token variables and transitions will be stored on-chain in a Token specific Data Contract. The actual balance validation is done off-chain. This allows for the development of simple or complex tokens with any programming language and can have the advantages of scaling with low fees when compared to tokens that compute everything on-chain.
Ethereum is commonly referred to as the “world computer", this is because its computation occurs completely on the nodes. This is a key distinction between Dash Platform and Ethereum, at least in its first iteration. The intensive dapp computation on Dash Platform occurs on-client, or on the central server side. Dash Platform is focused on providing developers a framework for Web3 Dapps and payments via the DAPI (Decentralized API) for simple account creation and management. This is achieved by enabling usernames for login authentication and data submission. Additionally, Dash Platform provides the functionality of Data Contracts which serve as decentralized databases. A primary advantage of developing on Dash Platform is that a single username acts as a decentralized login to access unlimited apps while maintaining complete control over your own data.
In a recent video by Dash Platform community developers, four different Dapps were demonstrated; a basic username-enabled wallet named EvoWallet, a Twitter alternative named Jembe, a Point-of-Sale merchant app called Checkout, and a merchant back-end system called InStore. These Dapps are live and able to be tested on Evonet, which is a developer Testnet for Dash Platform. They showcase the potential of an integrated Dapp ecosystem that is made possible with a single decentralized login.
There's an ongoing bounty program to attract new developers. We also have an active developer discord and there's lots of example code and documentation available.
I would encourage developers from all backgrounds to join our vibrant community, you can earn rewards for various bounties for Dapp development on Dash Platform at https://dashincubator.app/ or learn more about the project at https://www.dash.org/developers/.
The two leading blockchain projects Bitcoin and Ethereum offer very different market use cases. Where Bitcoin is being adopted as digital gold, Ethereum is a platform that developers can build blockchain-based Dapps which run on its network. However, what Bitcoin and Ethereum do share in common is that both of these projects are currently experiencing high transaction fees and network congestion. This is where Dash really excels and should turn heads from both camps as its decentralized network is an optimized scalable solution of powerful incentivized distributed servers that enable Dash's advanced functionality. Dash’s two-tier masternode network infrastructure of high performance servers has been active since 2015. This is Dash’s secret sauce as it’s able to scale on-chain to PayPal transaction levels while maintaining instant settlement and keeping transaction fees under a cent.
We have already seen Ethereum based project Zaigar switch from Ethereum to Dash ditching their own native ERC-20 token (ZAI) for Dash saving them thousands of dollars in transaction fees every month. Could this be the first of many? The eSports gaming platform ReadyRaider also opted to partner with Dash for subscriptions, purchasing in-game items from other players, tipping, and tournament entry.
Can Dash Platform rival Ethereum with its utility and functionality with data contracts, usernames, decentralized API and blockchain storage? One can assume from this interview that its success for the most part will be dependent on its ability to continue to attract community developers like 'readme' to build Dapps upon it's platform.
Dash has only 9.8 million coins in circulating supply. It's incredibly scarce, even more so than Bitcoin with a very limited supply available on exchanges due to 4.8 million from the 9.8 million coin supply being allocated to Dash masternodes currently earning 6% annual return.
Is Dash a sleeping giant?... Many cryptocurrency advocates are eagerly waiting for altseason to commence now that Bitcoin has recently surpassed its all time high. Dash is currently 93% down from its all time high in December 2017. However, it's fundamentals as a project have never been stronger than today. Dash's network activity, development, utility, use cases and overall acceptance has drastically increased since 2017.
The first decentralized app to be released on Dash Platform will be the official DashPay wallet which supports payments via simple usernames. The DashPay Alpha Program is now open for users to register a blockchain username and be able to test and explore the user experience and interface in order to get first-hand experience on the latest DashPay builds. New users are encouraged to test it out, give feedback, and connect with other Alpha users on the Dash development and test networks.
With Dash Platform's planned network enhancements and impressive on-chain network activity, it is obvious that Dash will be much more than a payments cryptocurrency in the future.
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