Reliability of the Decimal blockchain
The Decimal blockchain is protected by advanced cryptographic methods and mathematical models of behavior and decision making processes, so you don’t have to trust traders or someone else.
Each transaction will be irreversible and will stay forever in the history of the network. All official wallets of the Decimal network are decentralized; only you can fully control your funds. Seed-phrases and private keys are stored strictly on the user side and the Decimal blockchain has no access to them in any way. The entire responsibility for the safety of private data and funds is in the hands of wallet owners. In our own turn, we will provide you with a comprehensive set of recommendations and methods to protect private keys.
As you hand over your coins (whether it is DEL or any other token in the network) to the validator, you don’t have anything to worry about. The transaction does not exist literally in any tangible form. Technically, your coins are simply blocked at your account; you simply cannot handle them any longer until you untie your funds. If one or more validators stop their work due to a hardware or power failure, other network members will provide high transaction capacity.
Validators can make updates without stopping the entire network, which means that they will ensure the cash flow continuity. If you issue your own coin in the Decimal blockchain, you will get an available fully-functional token. You don’t have to think of technical mechanisms.Any operations of a cryptocurrency exchange with your coin will be done based on mathematical formulas embedded in the Decimal software and automatic blockchain algorithms.
Every newly issued coin is already secured: the issuer already bought the DEL native coin for real money, ensuring the liquidity of his project.
The Decimal network is resistant to scalability problems that occur due to the DPoS consensus algorithm. This means that the platform will keep developing even in 10 years.
We maintained a careful balance between decentralization and security since it is very important to build a reliable and efficient cryptographic and currency network.
And what is important for you to feel secure and safe in the interaction with the Decimal network?