Dash recently claimed it had been the world’s safest cryptocurrency for a year due to its innovative technology called ChainLocks that allegedly makes a 51% attack nearly impossible. Fully implemented in early July 2019, ChainLocks has not yet seen any protocol capable of matching it — according to the Dash Core team.
Well-known Bitcoin (BTC) educator Andreas Antonopoulos recently suggested that with the Bitcoin blockchain, a 10-minute 51% attack would cost around $1 billion — something that sounds unrealistic to achieve. But what makes Dash’s ChainLocks blockchain supposedly more secure, and what is the importance of this technology for the industry as a whole?