General Info:
Today, every international payment must pass through a network of local banks, central banks and international wire services, taking seven or eight hops to get to their destination and with every hop involving fees, potential errors, threats to privacy and other security risks, and these are the kinds of problems are being taken care of by a very unique coin Digital Price (DP)!
Digital Price is a recently launched crypto currency that enables the users to perform instant payments to anyone, anywhere across the globe at the blink of their eyes, and with the click of mouse! Such a superfast transaction time makes Digital Price coin the most unique one!
DP offers one of the best rewards for master nodes among all crypto currencies. They also have a very hardworking & proactive team of developers who are industry professionals with loads of technical expertise behind them, and they very strongly aspire & and are committed to deliver the projects successfully by optimum utilization of digital price block chain technology. The entire community & the investors who are involved with Digital Price are being communicated very well and on regular basis on all the updates and developments on this coin, and that is the hallmark of a well knitted, active and result-oriented team of developers and managers associated with Digital price.
Key Features:
PoS – Proof of Stake coin
One of the unique features of Digital price coin is that it’s a fully Proof of Stake (PoS) coin, and that ensures increased protection & safety to the network from malicious attacks. Proof of Stake can be used in decentralized anti-spam systems. Rather than requiring the user to perform a certain amount of unsecured computational work (like what is obtainable in PoW used by most crypto currency platforms), a proof of stake system requires the user to show ownership of the coin.
In layman terms, PoS happens when a miner putting up a stake, or locking up an amount of their coins, to verify a block of transactions. The cryptographic calculations in PoS are much simpler for computers to solve: one will only need to prove that they own a certain percentage of all coins available in a given currency. For example, if someone owns 5% of all Digital Price (DP) coins, they would be able to mine 5% of all transactions across Digital Price coins!.
Therefore DP coin is very safe and secure with very simple usage! Moreover it has an 8 hour coin maturity time, and investors will get rewarded for an amount based on the weight of their coins on the network
The Weight of the network is a figure given to all the coins that are actively staking on the entire DP network. The coin in one’s wallet that is available for staking also has a weight. If the weight of the network is 8000 and the weight of one’s coins is 2000 then they have a good chance of minting some new coins. However if the Weight of your Coins is just 1 then the chance of you Minting some new coins are remote. The Weight of the Coin is simply based on the age of the coin. As a coin gets older so does the weight and the chance of minting coins increases.
InstantSend
One of the most exciting features of Digital Price, in my opinion, is the service called Instant Send. Instant Send does exactly what it sounds like; it will enable users to send Digital Price instantly, actually at a lightning fast speed to another peer that too within a much secured network with extreme privacy and anonymity!
An overview of how the Instant Send process works:
• Miner finds a Digital Price block
• The Same miner gets a "winning" hash selected.
• The same hash will then pick one out of ten random masternodes in the network to then delegate that masternode to be an InstantSend Authority.
• The delegated InstantSend authority will then monitor the system for Instantsend transactions grab them and lock them up in the network as pending transactions.
• The InstantSend authority will then send this message across to the other masternodes in the network, preventing a double-spend dilemma.
All these steps are done under 1 second, in effect creating an instant payment solution.
PrivateSend
PrivateSend ensures privacy in user’s transaction history and balance by making your financial information anonymous. PrivateSend gives their users 100% financial privacy by obscuring the origins of their funds.
The technology behind it takes a lot of different transactions of similar sizes to then "mix" together, totally hiding what funds are from what address.
An overview of how the PrivateSend process works:
When a user hits the PrivateSend button in their wallet and send any amount of Digital Price to an another address, the first thing that happens is that your financial transactions are then divided into certain denominations(1.1, 0, 1 0). These denominations of your transaction are then handled by the masternodes in the system, matching the denominations to other user’s financial transactions that are using PrivateSend.
After a masternode has matched several denominations together, a mixing process will begin. This mixing process will completely obscure the funds making the transaction anonymous.
Secure Network
If Bitcoin is like HTTP for the digital currency, Digital Price is HTTPS. It offers total payment confidentiality, while still maintaining a decentralized network using a public block chain.
Unlike Bitcoin, DigitalPrice transactions can be shielded to hide the sender, recipient, and value of all transactions on the block chain. Only those with the correct view key can see the contents
DPULB: Topical Advertising Platform
DPULB uses DigitalPrice cryptocurrency to render financial service transfer between an advertiser and a customer. Some of the benefits of using DigitalPrice cryptocurrency in DPULB are:
. Daily DigitalPrice profit from banners placing on social network and browsing of an internal advertisement.
. Earning DigitalPrice from high-profit and developed partnership program.
. Placing cheap and effective advertisement.
Digital Trip game
The users can Browse 3D game for free and can collect as many coins as possible for the round, and that will fetch them the Digital Price coins when the game is over.
Project Description:
Scrypto is a social media platform for both normal crypto currency investors & developers. It is a project of digital price team. For users it is actually a platform where they can find relevant information related to crypto currencies and can use as a social media platform that is similar to facebook. Layout is pretty much like FB. Scrypto platform has difference wallets to store coins and one can get paid for postings their articles, news or any updates on crypto. Team aims to get 20-40 crypto currencies / wallets on crypto in next 2-3 months.
Users can create communities, share coins, rewards etc
Exchanges:
The Digital Price is currently listed four exchanges namely, Cryptopia Bleutrade Novaechange and Coinexchange and, is currently trading at a very cheap price with a huge upside potential in coming months! Further any issues or questions pertaining o the sale, purchase of Digital Price coin can be quickly resolved on DP Slack wherin the DP team is providing 24/7 servicing support for the ease of users.
Wallets:
A Wallet is what allows the user to transact with other users. It gives the complete ownership of user’s DP balance and allows you to send and receive Digital Price coins. The wallet is installed on user’s computer.
Digital Price wallet does not require any installation as it is contained in one executable file. Simply run Digital price-qt and the program will set up itself. Make sure the users should encrypt and regularly backup their wallet, using the built-in, easy-to-use wallet functions, to protect their coins. Below wallets are active for users:
. Windows Wallet
. MAC OS Wallet
. Linux Wallet (launching soon)
Masternodes:
Not many investments would guarantee their investors a regular, stable passive income without much of efforts, however by running Digital Price Masternodes the investors can earn regular and handsome amount of passive income for themselves effortlessly!!!
What is Masternode?
Masternode is a server connected to the network which guarantees a certain minimum level of performance and functionality to perform certain tasks related to PrivateSend and InstantSend.
The DP masternodes are rewarded 66% of the block for its service, using a concept known as Proof of Service.
Anyone can run a DigitalPrice masternode-Yes. The primary aim is to have enough decentralization to ensure that no single person controls a significant fraction of the masternodes. However, to avoid bloating the network with unnecessary masternodes or encouraging reckless operators, there is one condition that needs to be fulfilled: proof of ownership of 25,000DP. The coins don't need to be placed in the masternode, but they need to be kept in a certain way transparent to the entire network. If the owner spends those coins(collaterals), the masternode stops working, and payment ceases.
Having many servers holding a full copy of the blockchain and working for the coin can be useful. Kudos to the reward system, there is no risk attached to not having many masternodes, and the developers can rely on them quickly deploying any new decentralized feature they want to implement. This is where the true strength of DigitalPrice lies - an incentivized system of thousands of distributed servers working 24x7 means that DigitalPrice can be more efficient and deploy services faster than a blockchain. The more masternodes, the better and more secured the DigitalPrice network.
To host a masternode investors ONLY need 25000 New DP, a computer, and a dedicated white IP address.
How it works
DigitalPrice Masternodes validate all public transactions within 4 seconds by communicating each transaction across all nodes on the network to prevent double spending. When private transactions are initiated in a DigitalPrice Masternodes, it performs the work necessary to make the transactions hard to trace.
These are the features:
• 25000 New Dp required for masternode
• Multiple masternodes capable
• 66% Block reward
• 10,000 Dp divided daily between masternodes.
• Pure PoS coin
• Run masternode after one confirmation
Kindly refer https://dp.cstats.net/masternodes/stats/ to know about live statistics.
Feedback from the Industry experts:
“Self praise is no recommendation”, so kindly refer below YouTube links to know more about the potential and future of Digital Price coin right from the horse’s mouth (industry experts and renowned analysts):
https://fex.net/#!763024448269
Digital Price Roadmap:
Kindly refer Digital Price website http://digitalprice.org/ to have clear-cut understanding of the Roadmap that will enable its users and investors to have indepth knowledge of the upcoming projects, developments and events!
Websites:
www.http://digitalprice.org
www.scrypto.io
Listings:
www.coinmarketcap.com
Posted by:
Ankur Aggarwal
Thursday, September 28, 2017
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