Dimecoin NetworkDimecoin Network
  • Home
  • About Us
    • Whitepaper
    • Team
    • Benefits
    • Use Cases
    • Careers
    • Social Media
    • News
  • Projects
    • GitHub
    • Services & Roadmap
    • Ambassadors
    • Education
    • Dimecoin Global Impact
    • Dime-Pool Mining
    • The Dime Store
  • Support
    • The Dimecoin Database
  • Wallets

Benefits

Dimecoin Network > Benefits

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.

Rocket Ship

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)

Bitcoin vs Quark vs Dime

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

For comments, interviews, image, and video files or to speak with our media liaison, please contact us at

Contact Us

Whitepaper

Built on fair-exchange protocols enabling cryptocurrency atomic swaps to mitigate counter-part risk. Advisory and technology services to execute third-party ICOs.

Download Whitepaper

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.

Knowledge Base
  • Regulatory

    Dimecoin is a virtual currency, not a security. Nothing on this website is to be taken as investment advice. The website’s content is not an indication of future price movements.

  • Legal

    • Home
    • Privacy Policy
    • Terms of Use
  • Resources

    • Careers
    • Dimecoin Wallets
    • The Dimecoin Database
    • Github
    • Dimecoin Explorer
    • Telegram Stickers
    • Brand Guidelines
  • Contact Us

    Support

    General Info

    Developers

    Public Relations

    Ambassadors

    Donate

     

     

     

  • Home
  • Privacy Policy
  • Terms of Use
© 2018-2022, Dimecoin Network LLC, All rights reserved. Dimecoin™  is a registered trademark.

Dimecoin Core v2.2.0.0

The Dimecoin Core v 2.2.0.0 blockchain update is now live. Please update your wallets/nodes prior to block 5228000. Please read the release notes for instructions on how to update your existing wallets. As always, if you have any questions or concerns, please do not hesitate to contact us! To update your nodes and wallets click HERE.