DecimalChain: effective tools for managing virtual assets

DecimalChain
3 min readApr 16, 2022

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The blockchain technology is the basis of the digital economy and the whole crypto industry. Due to the blockchain, unique solutions are being designed for companies from various fields of industry, from logistics to pharmacy.

Participation of major players in the development of dApps

No doubt, the market leader is Binance Smart Chain. The demand for it grew sharply 2 years ago, when the Ethereum blockchain network turned out to be overloaded and the fees on it were too high for many startups and users. BSC operates on the basis of a Proof-of-Staked-Authority consensus.

The number of private users and companies is growing daily, so there are new smartchains from other platforms, and the technology continues to develop, DecimalChain is also engaged in the development of new solutions.

DecimalChain: New solutions for decentralized applications

The DecimalChain platform works on the basis of pBFT, a kind of PoS mechanism. With its help, a high speed of verification and confirmation of blocks is provided. The developers of the platform offered customers a flexible blockchain, which differs from others in high throughput.

In the near future, a smartchain will be implemented on the platform. It will have smart contracts for all tokens presented on the platform. Subsequently, the developers will create a DEX exchange for trading, as well as a cross-chain swap for NFT. In order to use smartchains, you will need to purchase a basic DEL coin.

This, in turn, will increase the liquidity of the base coin, and the reliability of the blockchain infrastructure. Accordingly, the capitalization of DecimalChain will increase.

In addition, using the cross-chain swap function, each client will be able to transfer tokens between different blockchains, such as Decimal, Ethereum and Binance Smart Chain. By sending a coin to another network, the client will receive tokens of the target blockchain to the wallet.

Thus, the DecimalChain platform offers all users a simple and effective mechanism for creating their own tokens, and smart chains will soon be launched, where you can not only deploy a smart contract, but also develop many innovative decentralized applications.

Another feature of DecimalChain is that more and more tokens appear on it. In total, 45 assets have already been supported on the blockchain. In particular, these are assets such as Cinecoin, BTT, Coinetti. The entire list of tokens can be viewed here. In DecimalChain, you can create your own coin in 3 minutes. Due to this advantage, the number of users of the platform increases daily.

DecimalChain strives to be in the trend of new technologies, and plans to create even more tools for individuals and companies working in the digital economy.

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DecimalChain
DecimalChain

Written by DecimalChain

Explore, Build, Earn on the Decimal. Decimal helps communities to issue and manage blockchain assets.

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