![]() ![]() Thus, it is a proof-of-work network that uses five different algorithms to improve security, and at the same time deliver higher speeds and capacities. It was launched back in January 2014, when its genesis block was mined, and it was built as a fork of Bitcoin itself. Pretty much like any other typical blockchain network, DigiByte is an immutable ledger that is made up of blocks with digital signatures that can be verified.Īccording to the network’s whitepaper, the blockchain network puts a lot of emphasis on scalability, security and speed of transactions. This system is compatible with smart contracts in the Ethereum Virtual Machine (EVM) and WebAssembly formats, thus has large scale usability.ĭigiByte is a new kind of permissionless blockchain network that can store digital assets, execute smart contracts, run decentralized applications (dApps) and even provide secure authentication services.The project supports quick one-click deployment of dApps on various public chains.DREP chain is based on an improved version of the PBFT or the Practical Byzantine Fault Tolerant consensus mechanism and the delegated proof-of-stake (DPOS) consensus mechanism.Secondly, it wants to tackle segregated public chain ecosystems and thirdly resolve the mismatch between blockchain technology and enterprise needs. Firstly, it wants to improve on inadequate public chain performance and poor developer experience. The main objectives of the project is essentially to work on three major issues. ![]() The project is aimed to build these blockchain technology based ‘connectors’ and ‘toolkits’ that will enable creation of solutions that combine ease of use, flexibility and frictionless integration. Its unique functionality appeals to three categories of services in the real world the likes of:ĭREP well known as a blockchain connector and a toolkit features that supports quick, one-click deployment of decentralized applications on different public chains.Additionally, the native token – AMP is an Ethereum-based token that adheres to the ERC-20 standard.AMP, it is the primary collateral token that aims to secure retail payments on the Flexa network, a digital payment platform.It essentially wants to become a global settlement layer for real world payment applications by using the concept of collateral.This is a project that is trying to build a decentralized system of instantaneous settlement of transactions.According to the whitepaper, Amp’s crypto AMP is an Ethereum token (ERC-20) that aims to “collateralize payments on the Flexa Network, making them instant and secure.” Unique features of AMP: It has smart contract capabilities designed specifically for this collateral concept – through this Amp seeks to assist in providing a decentralised solution to mitigating counterparty risk in a transaction for the user. Here are the 3 new coins listings for today! Token NameĪmp (AMP) is essentially a form of a digitized collateral which can act as a clearing layer and asset token that allows for instant settlement of transactions in a real-world application. ![]() With the year 2022 coming to an end, CoinDCX has come up with an exciting week full of surprises! Starting from December 9, 2022, to December 15, 2022, we will be listing 3 new tokens every day! A total of 21 tokens will be going live on your beloved CoinDCX App starting this week! ![]()
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