DeFi is a trend in the blockchain industry that creates analogues of traditional banking instruments using cryptocurrencies and blockchain technologies. DeFi consists of two elements:
▪️dApps-decentralized applications. In them, users perform actions, and applications record these actions on the blockchain.
▪️DeFi tokens are tokens that are created and used in these decentralized applications. They are used by users to perform actions in applications.
🪙 DeFi tokens can be purchased separately on exchanges and traded but their main purpose is to be used in DeFi projects.
🔺Cryptocurrency and DeFi are separate areas of the cryptocurrency industry.
DeFi applications use both the…
For thousands of years, people have used gold as a symbol of prosperity, wealth, and power. In our time, gold is not only used as a decoration or as a means of preserving wealth, it is also used as a reserve currency, in medicine and electronics. Since gold is very valuable, experts say that the price of this source metal will continue to rise in the coming years.
🎙 Ruslan and Lyudmila are talented musicians, performers and authors of modern songs.
👥They don’t have TV contracts or commercial offers yet but they already have a small fanclub.
🪙 Ruslan and Luda create their own token on the DecimalChain blockchain as a way of supporting their creativity.
💵 Fans not only support their favorite musicians by buying their token, but can be the first to get access to tracks and videos, be present at the moment of creating a new hit, or even influence some decisions by voting.
🖼 For example, musicians offer fans to choose which of the…
📰 Top news of the past week is on the agenda.
💰 According to Santiment analytical company, in recent weeks, “whales” have increased their reserves by 90,000 BTC. Now, 48.7% of the mined bitcoins are stored on addresses that keep from 100 to 10,000 BTC.
🇨🇳 And the authorities of the Chinese province of Sichuan demanded to stop the activities of “key” miners and banned local energy companies from supplying them with electricity. Supervisory authorities also conduct inspections to identify cryptocurrency mining companies. All regions of Sichuan were banned from issuing work permits to new companies from this field.
💰 The DecimalChain development team has bended 2,000,000 DEL coins to another new Validator.
🤝Most validators of the DecimalChain network do not just validate the network, but also develop it by creating their own coins, projects, application cases, and deploying their own business infrastructures.
🪙 In turn, the developers of DecimalChain are ready to support new and active validators by delegating coins to their masternodes.
🦁 PRIDE validator appeared on the network on March 20 and set a fee for delegators — 6% which means that from the bonded 2,000,000 coins, he will receive about 400 coins per day as a fee. This is about 12,000 coins per month (at the current exchange rate ~ 230,000₽).
👥Join the DecimalChain, get support from the team and earn DEL — a coin that is in high demand on the market.
🔐 Last time we figured out what is hash-function and why it serves as the basis for the whole blockchain operating principle.
♻️Due to the hash-function, when one block is changed, all the others need to be reconstructed by the brute-force method.
None of the existing computing powers would be able to accomplish such method,.
🔠В DecimalChain используется хэш-функция
SHA-256 hash function is being used in DecimalChain blockchain, and this very hash function is applied in the blockchain of Bitcoin.
SHA means “secure hashing algorithm”, and 256 number stands for the hash volume in bits.
Decimal helps communities to issue and manage blockchain assets.