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No. Dynamite originally contained nitroglycerin, soaked into an absorbent material. Many commercial explosives are now based on ammonium nitrate, and nitrated propylene or ethylene glycol- but no gunpowder. By the way, the original gunpowder was a low explosive- it burns rapidly. Dynamite is a high explosive- it does not burn, but detonates at a speed MUCH greater- and releases much more energy. A standard 8 inch stick of dynamite releases about 1 million horsepower in 1/10,000th of a second
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