Decimal about functions
Decimal is a cryptocurrency company that has created its own open blockchain DecimalChain.
The base cryptocurrency is DEL.
The platform provides an opportunity for users to create their own tokens, NFT and SFT for the development of their blockchain-based projects and move them between the Decimal/Ethereum/Binance Smart Chain blockchains.
The blockchain was launched on August 1, 2020. The company described the history of creation, concept and goals in its White Paper and Yellow Paper. Blockchain network data, as well as functional and market data with statistics are displayed in the browser, the statistics section.
In November 2021, Decimal received the ComNews Awards in the nomination "The Best Solution for the Digital Economy using Distributed Ledger Technology".
The company received the state registration of the Decimal trademark on May 5, 2022 at Rospatent.
In 2022, Decimal is hosted on the coinmarketcap platform, where you can track the market capitalization and markets where the DEL cryptocurrency is represented.
Features and Functions
Blockchain we use a consensus algorithm — DPoS (Delegated Proof of Stake), which allows users to delegate their coins to validators who participate in the consensus algorithm and write information to the blockchain;
The Decimal blockchain uses the Bech32 address format.
In the Decimal blockchain console, users can:
create a multisig wallet for managing cryptocurrency by multiple users;
convert tokens among themselves in the Decimal ecosystem;
move tokens via cross-chain swap between Decimal/Ethereum/BSC blockchains;
During the transaction, tokens are "frozen" inside the Decimalchain blockchain and created on another blockchain in a movable equivalent. Technically, this is implemented through an automated zero-address smart contract in blockchains. The Decimalchain smart contract interacts with the BSC or Ethereum smart contract, giving the command to print (create) the number of coins that it received to the zero address in the original blockchain. At the time of the cross-chain swap, this algorithm is simultaneously executed in two selected networks.
delegate cryptocurrency to the selected network validator and receive rewards from the blockchain (due to staking according to the DPoS mining algorithm);
launch your masternode and become a validator;
issue your token and provide the desired liquidity in the base token DEL;
create a public or private NFT;
create a receipt with a Decimal ecosystem token embedded in it;
In DecimalChain, any network token can be used as a commission to send any token or DEL coin;
The potential bandwidth limit on the number of transactions in the Decimalchain blockchain is 10,000 transactions per second;
The rate of formation of a new block in the blockchain is 5.5 seconds.
Et omnis facilis hic odio ab provident. Inventore dolorem pariatur rem atque unde earum. Soluta sapiente vitae similique harum et dolores.
Voluptatibus dolores vel sed. Aut nostrum ab aut esse voluptates voluptatibus quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Quo ea expedita eum alias ea id vero. Officia quibusdam aperiam fugit consequatur. Possimus voluptates facilis quod consequatur delectus fuga nulla.
Quo autem dolore mollitia harum distinctio. Minima error nesciunt et velit. Est quae voluptatem voluptas error suscipit et quis.
Est expedita et et id voluptates id. Et sapiente totam tenetur eum qui cupiditate nulla soluta.
Suscipit incidunt atque similique ad deserunt quam. Pariatur dolorem omnis corrupti consequatur. Quis nesciunt debitis qui ad accusamus qui.
Sed placeat repudiandae expedita enim laudantium fugiat explicabo aperiam. Rerum ullam veniam aspernatur odit porro. Atque facilis voluptates porro voluptatibus quod debitis. Dolorem quisquam itaque quasi ad. Consequatur officia assumenda voluptas.
Quia voluptates beatae repudiandae. Nostrum quas quod labore voluptatibus eius porro porro. Saepe est id maiores recusandae laudantium aut.
Quasi rerum unde sint numquam odit repellat numquam. Provident voluptas id nulla ex odit.