Unlocking the Potential of Blockchain Technology: A Comprehensive Overview of Decimal

To say that the blockchain industry is huge is an understatement. And the Decimal blockchain is making unprecedented developments in the field. Are you ready to embark on a journey to explore Decimal and its thriving ecosystem? From Ethereum + Cosmos partnerships to multi-token gas, we have it all!

Here is what the Decimal blockchain is all about:?

What is Decimal??

At its core, Decimal is a layer-1 blockchain, strategically positioned on the Cosmos/IBC infrastructure, and it operates using the Delegated Proof-of-Stake (DPoS) consensus algorithm. To understand Decimal better, it's essential to grasp the significance of the Cosmos ecosystem, and how we seamlessly bridge the gap between Ethereum and Cosmos.

Ethereum-based blockchains are built using the EVM architecture. This infrastructure is a LOT different than the Cosmos/Inter-Blockchain Communication Protocol (IBC) that hosts Cosmos-based chains. Decimal connects these gigantic infrastructures by having two different wallet addresses in one wallet.?

The EVM address (0x123...) allows Decimal to connect to Ethereum-based chains effortlessly. The other address (d0...) connects it to other Cosmos wallets. And since both these addresses are the same wallets, the funds you transfer to your Decimal wallet can easily be used across both ecosystems!?

What is DPoS??

DPoS, or Delegated Proof-of-Stake, is a governing principle where token holders delegate their tokens to another entity to manage and regulate transactions on their behalf. While staking and validating the blockchain can be intricate, DPoS simplifies the process by allowing you to choose a representative to govern. Decimal effectively employs the DPoS mechanism in the administration of the blockchain, utilizing the $DEL token (more on this below).

The parts of Decimal:

• The Cosmos/IBC Ecosystem

Cosmos is a layer-0 blockchain infrastructure, serving as a foundational layer for numerous blockchains. It excels in providing intercommunication and security for all IBC chains. This interconnectivity is a crucial component in the Decimal ecosystem's versatility.

• The $DEL Token

Returning to Decimal, the blockchain features its native token, the $DEL coin. Transactions and gas fees within the Decimal ecosystem are facilitated using the $DEL coin. However, there's a twist to this tale.

Features of the Decimal Blockchain

Decimal's standout features are:

• Interconnectivity to IBC and EVM chains: Your Decimal wallet seamlessly operates in both the Ethereum and Cosmos ecosystems, offering a bridge between a plethora of different chains.
• Universal transaction fees: Decimal's unique collateral mechanism allows you to utilize tokens from any ecosystem to pay gas fees, offering unparalleled flexibility in transactions.
• Tendermint ecosystem: Decimal incorporates Tendermint, a blockchain-building tool that ensures the chain remains operational even if a third of its nodes experience downtime. This robust survivability is a testament to Decimal's resilience.
• Theoretical network capacity: Designed for efficiency, Decimal boasts the capability to handle a substantial volume of transactions, making it ideal for custom coins and enterprise-level DApps.
• Custom tokens in minutes: Decimal is a user-friendly infrastructure that empowers non-tech individuals to transform their ideas into reality. Its distinctive token-creation infrastructure enables rapid deployment of custom tokens.

Decimal DAO

Decimal operates as a DAO (Decentralized Autonomous Organization), where crucial decisions regarding the project's direction are made collectively. By holding $DDAO tokens, you can actively participate in the decision-making process through DAO voting.

By exploring these components, you can grasp the full extent of Decimal's capabilities and contributions to the blockchain and crypto space. DecimalChain simplifies the complex world of blockchain technology, making it accessible and exciting for everyone. Join us, and unlock the limitless potential of the Decimal blockchain.

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