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About Decimal

Decimal (DEL) is a blockchain-based platform that aims to simplify the creation and use of tokens. Launched on August 1, 2020, DEL is the native token of the Decimal blockchain, serving as the reserve currency and the key element of the ecosystem. Unlike many other cryptocurrencies, DEL does not require substantial electricity costs or expensive equipment to perform mathematical tasks. Instead, new DEL tokens are generated as rewards to specialized participants, known as validators, for their contribution to the creation of the Decimal blockchain block. This peer-to-peer online currency operates without the need for intermediaries, making transactions direct between equal, independent members of the network.

Decimal operates on a Delegated Proof-of-Stake (DPoS) consensus mechanism, where validators are rewarded for their work in verifying transactions and forming blocks. Users can bond their DEL coins to any validator, and in return, they receive a portion of the validator's reward. This process aims to provide an opportunity for users to be compensated for their network participation. Furthermore, Decimal offers a unique advantage as a simple constructor for creating any tokens, including liquid, illiquid, stablecoin, and NFT tokens. This feature allows any user, regardless of their technical skills, to create a token on the Decimal network.

Decimal seeks to provide a wide range of use cases, particularly in the realm of tokenization. It aims to facilitate instant payments, user identification, confirmation of ownership rights and authenticity of documents, tracking of goods through supply chains, and more. Additionally, Decimal provides a platform for the creation of custom cryptocurrencies with just a few clicks, making it accessible to internet users and entrepreneurs of all levels. The platform also aims to provide a framework for cooperation through the possibility of interaction with many blockchain networks and projects based on them.

Decimal was developed by the teams of BitTeam and Crypton, based on the Cosmos SDK, a secure and reliable solution for organizing network interaction between nodes and ensuring a reliable consensus between the nodes involved in the formation of network blocks. The Decimal team works on improvements based on decentralized voting of network validators and adds new features. The total number of DEL is limited at 94 billion coins, with the possibility of increasing the total emission if the network validators vote in favor of this decision. The Decimal blockchain has a community of enthusiasts, consisting of users and other products created by the BitTeam team.

Market

Singapore Market Stats

Market cap

S$46.5M

Volume (24h)

S$647,055.86

Circulating supply

8.5B DEL

All time high

S$0.39

Price change (1h)

+0.39%

Price change (24h)

-1.98%

Price change (7d)

-34.07%

Singapore News about Decimal

CoinDesk • Apr 29, 24

Samourai Wallet Co-Founder Keonne Rodriguez Pleads Not Guilty, Released on $1M Bond

NEW YORK — Samourai Wallet co-founder Keonne Rodriguez pleaded not guilty to two criminal charges tied to creating and marketing the privacy-focused bitcoin wallet application and mixing service in a Manhattan courtroom on Monday.

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DL News • Apr 29, 24

Scroll slashes fees by 75%, but will that be enough to draw new users?

Scroll enabled blobs, reducing fees to $0.15, and saw deposits hit new highs on the back of its recent point programme.

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BeInCrypto • Apr 29, 24

Friend.tech V2 and Crypto Airdrop Set to Launch This Thursday

Set for launch this Thursday, Friend.tech's V2 introduces innovative features aimed at revitalizing user engagement and financial interaction on the decentralized social platform.The post Friend.tech V2 and Crypto Airdrop Set to Launch This Thursday appeared first on BeInCrypto.

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CoinDesk • Apr 29, 24

Press Briefing With ChinaAMC Executive Ahead of Tuesday Launch of Hong Kong Spot Bitcoin and Ether ETFs

Zhu Haokang is head of digital asset management and family wealth at one of the ETF providers, ChinaAMC.

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Blockworks • Apr 29, 24

Motoko Sentinels gain traction despite ordinal volume decrease post-halving

Despite ordinal volume dipping following the Bitcoin halving due to high network fees, the latest Motoko Sentinel collection saw an increase in its trading volume

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The Defiant • Apr 29, 24

EigenLayer to Drop Token on May 10

The highly anticipated Ethereum restaking protocol has launched a claim portal for airdrop recipients, who were allocated 5% of the EIGEN supply in Season 1.

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Decimal is on the decline this week.

The price of Decimal has increased by 0.39% in the last hour and decreased by 1.98% in the past 24 hours. Decimal’s price has also fallen by 34.07% in the past week. The current price is S$0.0055 per DEL with a 24-hour trading volume of S$647.06K. Currently, Decimal is valued at 98.59% below its all time high of S$0.39. This all-time high was the highest price paid for Decimal since its launch.

The current circulating supply of Decimal is 8,465,615,154.718 DEL which means that Decimal has as total market cap of 8,465,615,154.718.

FAQ

What is the current price of Decimal?

We update our Decimal to SGD currency in real-time. Get the live price of Decimal on Coinbase.

What is the market cap of Decimal?

The current market cap of Decimal is S$46.50M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Decimal?

The all-time high of Decimal is S$0.39. This all-time high is highest price paid for Decimal since it was launched.

What is the 24 hour trading volume of Decimal?

Over the last 24 hours, the trading volume of Decimal is S$647.06K.

How many Decimal are there?

The current circulating supply of Decimal is 8.5 billion.

Can I buy Decimal on Coinbase?

Yes, Decimal is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Decimal guide.

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