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.
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