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DivotyCoin uses peer-to-peer technology to operate with no central authority or banks, managing transactions and the issuing of DivotyCoins is carried out collectively by the network. DivotyCoin is open-source; its design is public, nobody owns or controls DivotyCoin and everyone can take part. Through many of its unique properties, DivotyCoin allows exciting uses that could not be covered by any previous payment system.
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First… WhatisCryptocurrency?
ACryptocurrencyisadigitalcurrencythatiscreatedthrough mathema9calengineering(algorithm). Itisdesignedtobeopen,anonymous,secure,fastandbypasses tradi9onalfinancialstructures.
Bitcoin,createdin2009,wastheworld’sfirstCryptocurrency. Sincethen,manynewCryptocurrencies(alsoknownas Altcoins)havebeenintroduced.
HowDivotyCoinisdifferentfromBitcoin Bitcoin 21Million SHA-256 DivotyCoin 100Million Scrypt CoinLimit Algorithm 64Seconds MeanBlockTime DifficultyRetarget 10Minutes 2016Block Everyblock 500,000blocks 50DTC 50DTC PoW/PoS 9% BlockRewardDetails Ini9alReward CurrentBlockReward Type PoS%age Halvedevery210,000blocks 50BTC 25BTC PoW - DivotyCoinSta9s9cs BitcoinSta9s9cs
ADVANTAGESOFCRYPTOCURRENCYOVERTRADITIONALMONEY VS Tradi2onal
Digitalcurrencymaintainsitsuserscompleteanonymity.Whenyou makeapurchasewithtradi9onalmoneyyourpersonalinforma9on isa]achedtoeachandeverytransac9onwhichcanbeusedto trackyouandtakenoteofyourpurchases.Butcryptocurrency transac9onscarrynopersonalinforma9on.
Cryptocurrenciesaren'tdirectlylinkedtothelaws,rulesorregula9onsofanyCryptocurrenciesaren'tdirectlylinkedtothelaws,rulesorregula9onsofany government,corpora9onorbank.Hence,theinterestrates,feesand surchargesthatyoumayhavetopayonyourbankaccountorcreditcarddo noteffectyourtransac9onsorcryptocurrencyinanymanner.
HowdoesDivotyCoinwork? TheMiningProcess SERVERSGENERATECOMPLEX MATHPROBLEMS TORELEASEDIVOTYCOINS MINERSGENERATESOLUTION
HowtouseDivotyCoins THISSOFTWAREGIVESYOUAUNIQUEANDSECURE IDENTIFICATIONCODEFORBEINGIDENTIFIED INTHENETWORK. SETUPDIVOTYCOINWALLETBYDOWNLOADING SOFTWAREONCOMPUTERORPHONE 1Pz4dkG445kc5TwoZZZHvDZqgaKhqRVHr8 YOUCANBUYDIVOTYCOINSWITHOTHERSTANDARDCURRIENCIES FROMOTHERUSERSORREGISTEREDEXCHANGES. THEFUNDISADDEDTOWALLETINSTANTLY. YOUCANALSOSENDPAYMENTSTOOTHER ADDRESSESBYUSINGTHESECURE SOFTWAREEASILY. THEDIVOTYCOINNETWORKAUTHENTICATESTHE TRANSACTIONBYADDINGITINPREVIOUS BLOCKCHAINANDMAINTAINSINTEGRITY.
RoleofBlockchaininDivotyCOinmining USER‘A’SENDSFUNDTOUSER‘B’ THETRANSACTIONISBROADCASTEDONTHE NETWORKFORVALIDATION Y THETRANSACTIONISCONVERTEDTOA‘BLOCK’ Y Y Y FINALLYUSER‘B’RECIEVESFUNDSFROMUSER‘A’ THISBLOCKISADDEDTOTHEEARLIERNON REVERSIBLEPROCESSCHAINOFBLOCK
DivotyCoincanhandleahighervolumeoftransac9onsthankstoitsfasterblockgenera9on.IfDivotyCoincanhandleahighervolumeoftransac9onsthankstoitsfasterblockgenera9on.If Bitcoinweretotrytomatchthis,itwouldrequiresignificantupdatestothecodethat everyoneontheBitcoinnetworkiscurrentlyrunning. DivotyCoinUser BitcoinUser
Amerchantwhowaitedforaminimumoftwoconfirma2onswouldonlyneedtoAmerchantwhowaitedforaminimumoftwoconfirma2onswouldonlyneedto wait128seconds,whereastheywouldhavetowait10minutesforjustone confirma2onwithBitcoin. DivotyoinUser BitcoinUser
MiningdifferencesbetweenDivtoyCoin&Bitcoin Thekeydifferenceforend-usersisthespeedatransac9onisvalidated.DivotyCoinrequiresonly64secondsto generateablock,asopposedtoBitcoin's10minutes. BitcoinusestheSHA-256hashingalgorithm,DivotyCoin,however,usesthescryptalgorithm–originallynamedass-crypt, butpronouncedas'script'.ThisalgorithmincorporatestheSHA-256algorithm,butitscalcula9onsaremuchmore serialisedthanthoseofSHA-256inbitcoin.
DivotyCoinRoadmap: LISTINGON 6 EXCHANGES(SEP2017) OFFICIALDIVOTYCOINSITE (SEP042017) 5 4 LISTINGONBTCPOOL EXCHANGE(SEP012017) 3 BLOCK EXPLORER (MAY212017) 2 FIRSTUNOFFICIALPOOL (MAY272017) 1 DTCLAUNCH JAN21,2011
BeatthevanguardpartofaTRUECommunity-driven Cryptocurrency… DivotyCoin!