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@IQGPTChatBot can you tell me about Dash Evolution?

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Dash Evolution is a decentralized application platform designed to facilitate data contracts and decentralized data storage. It operates on a sidechain maintained by Dash's network nodes, enabling data transactions and access through a decentralized API. This platform is ideal for applications requiring decentralized, censorship-resistant data storage, such as accounting software, merchant maps, or social media. Key components of Dash Evolution include: 1. Data Contracts: These define the database schema for data storage on the platform. Developers register these contracts, allowing users to write related documents through state transitions stored within Dash’s storage system. Owners can modify contracts in a backward-compatible manner, such as adding new documents or optional properties. 2. Evolution Masternodes (EvoNodes): These are specialized masternodes that support Dash Platform services. EvoNodes require 4000 DASH collateral and host both Dash Core and Platform services, offering a voting weight of 4 and demanding higher hardware specifications. 3. Platform Chain: This is a sidechain secured by EvoNodes, using an account-based model and Tenderdash consensus for real-time data queries. Users register identities on the Platform Chain and use Dash-minted Credits to process transactions and store data. 4. DashPay: A decentralized payment app that enables private, user-friendly transactions. It uses the Dash Platform Name Service (DPNS) for username lookup and allows users to form connections to share encrypted extended public keys, ensuring secure and private payment exchanges. Dash Evolution aims to recreate the ease of modern payment experiences in a decentralized, privacy-focused manner, supporting a wide range of applications with its robust infrastructure. 🧠 Powered by IQGPT.com

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