Dash Is Upgrading Its InstandSend Feature: Payments To Become Instant, Permanent And Secure

We all know that the latest crypto news show nothing but steep declines, downward runs and year lows for Bitcoin and many other altcoins. The spring for mass adoption somehow transformed into a triathlon in which contestants are starting to sink in the water and being unable to finish the race.

And while we all know that the blockchain technology needs to be better, some altcoins are working on it. Dash is one of them with its InstantSend transactions which may hold the answer to the future of sending and receiving crypto.

As the latest news show, Dash is actively implementing an upgrade to its InstantSend system and potentially making all transactions instant, permanent and secure. This marks the first time Dash is working on a system like this – and a major step towards making cryptocurrency usable for regular merchant transactions.

Currently, Dash InstantSend is only available as an optional feature that causes the masternode network to lock the inputs of a transaction until they can receive 10 on-blockchain confirmations. With the new update, however, all of the simple transactions will automatically be locked using InstantSend for no additional fee and with no special action or support on the part of the interface.

According to the lead developer at Dash, Udjinm6, the InstantSend system specifications are summed up in these words:

“Auto-locking is working… well, automatically for all transactions which have 4 or less inputs (all with 6+ confirmations) and pay at least the minimal (i.e. normal) transaction fee. There is no need for any user interaction or wallet support, it’s all done on a masternode level. You’ll still be able to use “pure” InstantSend transactions by paying the per-input fee, just like today.”

The controversial cryptocurrency is now on a mission to become the most user-friendly blockchain-based payments method in the world – all thanks to instant payments that replicate the user experience right now.

That said, paying with Dash in the future may be as easy as swapping or tapping a credit card.