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DecimalChain is a blockchain and token constructor. The base cryptocurrency of the Decimal blockchain is DEL (decentralized cryptocurrency launched on August 1, 2020). DEL is a peer-to-peer online currency that allows transactions to occur directly between equal, independent members of the network without the need for intermediaries. It is the key element of the ecosystem and the reserve currency of the Decimal blockchain. Unlike bitcoin, DEL does not require high electricity costs and expensive equipment for mining. Validators on the Decimal network are rewarded with DEL for creating blockchain blocks, and coin holders can bond their coins to validators to earn profits. DEL is comparable to other cryptocurrencies and global payment systems. DecimalChain is a user-friendly tool for creating tokens without technical skills. It is compatible with all blockchains in the Cosmos Network. The unique advantage of DecimalChain is its simplicity in creating various types of tokens. Users can create tokens without technical skills and use any currency of the Decimal network for transactions. DecimalChain utilizes advanced developments in the blockchain industry such as tokenization of assets, instant payment, loyalty systems, cashback services, user identification, confirmation of ownership rights, tracking of goods, fair algorithms for the gambling industry, smart contracts, guarantee of payments, and fair voting. DEL offers secure storage, the ability to bond to validators and mine other cryptocurrencies, fast transfers, and wide application in traditional business. The total number of DEL is limited to 94 billion coins, with the possibility of increasing the total emission through voting by network validators. Validators are rewarded for creating blocks, and the reward increases over time. DecimalChain is protected by the SHA-256 algorithm. Validators operate under strict conditions of punishments and rewards, ensuring the security of the network.
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Decimal blockchain infrastructure is designed to enable developers to create dapps. It provides various tools and services to support builders worldwide in creating scalable crypto apps. Applications, contracts, and tokens built on Decimal are automatically compatible with the IBC and EVM infrastructure. This allows them to interact with networks such as BSC, ETH, Cosmos, Thorchain, Osmosis, and Secret.
DEL serves as the ecosystem's key element and reserve currency. It is the native token of the Decimal blockchain, which differs from bitcoin in terms of energy consumption and mining equipment requirements. DEL is generated as a reward for specialized participants (validators) who contribute to creating blocks on the Decimal network. Owning any coin of the network provides an opportunity to earn profits by bonding them to a validator.
Validators receive rewards for their work, which are distributed among those who have bonded their coins to them.
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