HOW WE WORK
The Benefits of Coin Holders
Benefits of Dimecoin
Asset Availability
Having billions of available coins in the Dimecoin ecosystem benefits micro-transactions and “everyday use” a number of ways
• Once the market has settled on a general valuation of the currency, it is not likely to experience the volatility observed in other cryptocurrencies.
• A greater supply should encourage real world use, opposed to only being traded on exchanges for financial gain like a security.
• Lower risk perception by real world adopters, as overall market capital is spread across a greater number of units.
Benefits of Dimecoin
Fee Structure
Its main goal is to bring 200 million new retail investors to crypto by eliminating all fiat obstacles on the way to crypto.
Fig. 2a: Volatility & ROI DIME/USD Pairing
Benefits of Dimecoin
Fast Transactions
As of this writing, the Android wallet has transaction fees of – 3e-7/kb, 1e-4 min. These fees may need to be increased in the future, but it will still be nearly free to send Dimecoin.
Benefits of Dimecoin
Suitability for Micro-Transactions
The value of Dimecoin’s protocol, as identified by community members, and by Dimecoin Network, is its suitability for “every day” micro-transactions. Because of its speed, pairings, and non-compulsory transaction fees, Dimecoin is recognized and promoted as an ideal candidate for daily trading and real-world use.
Block creation is currently supported primarily by a mining reward, effectively inflating the currency supply equal to or less than most fiat currencies. The inflation rate is observed to be declining over time with a ~3.6% increase in supply from April 25th, 2017 to April 25th, 2018, expecting less inflation over the next year due to the block reward halving policy.
DIMECOIN VS QUARK VS BITCOIN (CURRENT)
Benefits of Dimecoin
Decentralized Blockchain
Although there are now commercially available Quark algorithm ASICs, they are still in the minority when compared to SHA-256. This allows for the economically viable creation of mining pools of common computing equipment to participate in mining network activity. Today, there are many active pool mining participants, which encourages community involvement and longevity of project interest.
Benefits of Dimecoin
Mobile Payments
Send Dimecoin through the Android wallet application. These types of crypto-payments are becoming the way of the future. More and more people are using their phones to make payments in neighboring countries. Our iOS wallet is done with the BETA testing and will soon be released.
In the Press
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Whitepaper
Built on fair-exchange protocols enabling cryptocurrency atomic swaps to mitigate counter-part risk. Advisory and technology services to execute third-party ICOs.
Knowledge Base
Our support channel is monitored 24/7 on Telegram. We also have a knowledge base that can help with quick answers and information.