Dimecoin is a new digital currency that was developed in form of open source and operates on a peer-to-peer network platform. Started in 2013, the coin has been reorganized to make it easy and fast for users to make and receive payment. The purpose of the coin is to serve as the main currency in the Dimecoin blockchain platform.
Like other crypto coins, Dimecoin is also fully decentralized hence; it cannot be controlled by any central bank. There is no specific underlying value and as such the price of the coin solely depends on its uptake. Today, to help you understand various aspects of the coin, let’s dig for more details.
Dimecoin Features
Dimecoin is touted as one of the undervalued cryptocurrencies in the market due to its superb features. Here are some of the features that make this coin stand out from its peers:
- Accessibility:
Dimecoin is available in almost all major cryptocurrency exchanges in the world. Since it is based on the open source platform, it is easy make payments on different service platforms making it accessible in different parts of the world.
- Transparency:
It is easy to follow up on transactions making sure that users of the coin can trace back their transactions in case of any disputes or dissatisfaction.
- Fast:
Compared to other cryptos such as Bitcoin, transactions made using Dimecoin are hassle free due to advanced technology employed. You will not have to wait for transactions to go through as is the case with other cryptocurency payment platforms.
- Dimecoin Is A Foundation:
After the coin was re-engineered, it was set as a foundation with the intent to make it the favorite transaction coin for communities around the world. With each transaction made, a percentage of the costs go to community development and, as such, you will be giving back to the society by using the coin.
- How Dimecoin Micro-Payments Community Project Works
Dimecoin has been in the market for a long time and has been proven to work. After the recent re-engineering, the platform has seen an influx of transactions across the world. People are not only using the platform for transacting funds without the need for intermediaries but also as a means to store value.
Future Of Dimecoin
The re-engineering of Dimecoin has made the platform more outstanding compared to others in the industry. The addition of different layers of security makes the coin safer than others in the market. Additionally, the coin aims at empowering communities to have hassle free transactions which are inexpensive. As part of positively impacting the community positively, the developers have committed part of the transaction revenue raised for community based projects. This endears majority of investors to the coin which only guarantees its growth in the future.
Investors are seeing the coin as an opportunity to make good fortunes in the near future. This explains the reason why the coin’s value has been increasing at a fast rate. These reasons could make Dimecoin one of the major coins in the market in the market in the future.
