What is DarkPayCoin ? http://darkpaycoin.io/
DarkPayCoin is the base currency of a DAO driven ecosystem that relies on Masternode/PoS mechanism to ensure optimal performance and community adoption.
DarkPayCoin was created as an answer to two issues : lack of privacy and lack of decentralization. Dark. Its purpose is to become a staple medium of exchange, 100% private and decentralized, linking up several applications, all of them built by the community, for the community.
DarkPayCoin - SPECS
Ticker: DPC
Supply Cap: 21,000,000
Premine: 21000 (0.1%)
Masternode collateral: 1000
Masternode Rewards: 90%
Stake Rewards: 10% (PoS v3.0)
P2P port: 6667 RPC port: 6668
Algo: Quark
Block Time: 60 Seconds
Difficulty Retarget: Every Block
Privacy: Zerocoin
DAO: Masternode vote
Predictions for cryptocurrency in 10 years
People will realize that cryptocurrency is not a "bubble"; instead, it is a channel for massive unmet demand for private, sound money.
Keynesian fear mongering regarding "evil deflation" will be proven wrong as the truism that people must spend money to live, even deflationary money, becomes obvious.
Traditional banks will begin to crumble, much like J.C. Penny and Sears under the threat of Amazon. To survive, they will rely on customers who are late-adopters and laggards, among the very last to abandon the fiat system.
Crypto-banks will begin to dominate. They will be global rather than national. Most people will trust their private keys to these banks, realizing that there is no perfectly secure way to store them. Convenience and "good enough" security will be the dominant paradigm.
A small minority of die-hard users will continue to insist on storing their own private keys and signing their own transactions, much like a few people today insist on compiling their own Linux kernel or building their own PC.
Crypto-banks will be thought of as just that - banks, not "exchanges." The fact that they provide currency exchange services will thought of as an obvious and necessary feature of any banking system.
There will be no government-backed "FDIC" for crypto-banks. However, banks will compete on security, among other features, giving rise to private insurance that protects deposits.
Banks will provide traditional savings-and-loan services, denominated in cryptocurrency.
Banks may automatically store your holdings as a basket of currencies and robo-trade on your behalf based on pre-set criteria. A deposit of 1 WhateverCoin may automatically turn into a deposit of the appropriate quantities of coins A, B, and C.
People will realize that fiat currency is simply cryptocurrency running on a single node where one miner can arbitrarily issue new coins. The largest transfer of wealth in history will occur in slow motion, as the value of fiat currencies drop to zero.
Unable to inflate their currency at will, governments will be forced to rein in spending. This may produce chaotic results including riots, coups, protests, political upheaval, and even the redrawing of national borders.
THE DarkPayCoin - DPC
DarkPayCoin fully supports ZeroCoin protocol, has decentralized budgeting system and immutable proposal and voting systems built in.
Moreover, because of its Masternode driven network, DarkPayCoin has lightning fast transactions. In the first phase, that will last approximately 104 days, early adopters are highly incentivized to securize the network by deploying Masternodes or by staking with a strong and increasing reward program.
There is a perpetual bounty program in order to stimulate the community to pass the word around.
The main hypothesis is that pushing up the economical incentives with very little premine, low supply, a high ROI, combined with strong community engagement will allow optimal adoption and decentralization.
As soon as those 104 days are over, Masternode holders will get to vote for the best proposal concerning the underlying economics of DarkPayCoin as well as the direction DarkPayCoin must prioritize for its first applications. T
he core team will deliver the alpha version of a privacy focused P2P marketplace called DarkPayMarket in Q4 2018 regardless of vote results.
There is a set of alt coins with solid and what seem like highly durable use cases that fall into classes quite different from the use cases of Bitcoin.
Feel free to take a look at (dpc website link) so you get to know more about the underlying tech and philosophy.
Start use DPC now, In 10 year, you will be gladfull for this tip.
With most proof of work cryptocurrency networks such as Bitcoin and Litecoin, there is a large wealth gap growing between the early adopters and newcomers.
As we move forward and the coin value rises this will only continue to grow further apart. With the introduction of other newer altcoins this can help ensure that their power over the ecosystem doesn’t grow out of control and is kept in balance.
This wealth gap is primarily due to the fact that both Bitcoin and Litecoin is limited in the amount of coins that will be produced making it a deflationary currency.
DPC ROI:
Check it out all the features about the project on : http://darkpaycoin.io/
Discord of DPC : https://discord.gg/Jwnjhwh
Some features of DarkPayCoin:
REAL PRIVACY
Fully private and anonymous transactions with Zerocoin protocol.
PROOF OF STAKE 3.0
Contribute to the security of the network, get rewarded for doing so.
####COMMUNITY DRIVEN
Holders decide where we go and how we get there, through proposal and vote.