Introduction
I wonder if Satoshi Nakomoto knew in advance that, following his example of creating a decentralized network, many minds of mankind will offer their own decentralized networks, each of which will differ from each other in its technical characteristics and features. I don't think so.
Nevertheless, in recent years, our world has managed to get acquainted with an incredible number of blockchain projects, the main goal of which is the qualitative development of various spheres of our life. These include healthcare, banking and Finance, as well as real estate, goods and services. In a word, step by step, blockchain technology is being implemented in each of these aspects, transforming the familiar ways of communication into more reliable and secure interaction conditions.
Since the main purpose for which the world's first block network with its own cryptocurrency, Bitcoin, was created was based on a decentralized type of data storage. Access to which does not belong to any server, organization, or even the state. Using a peer-to-peer data transfer system, where all transactions are made directly between users, while excluding various intermediaries of a traditional centralized network
Problems
However, despite all its power and superiority, the Blockchain is designed to evolve over the years. Because what seemed to be effective and acceptable a couple of years ago no longer meets its goals, and also does not have time to meet its most important indicators, namely transaction processing speed, scalability and security. What exactly are the following points summarizing:
Blockchain 1.0 Despite the fact that the world's first cryptocurrency, Bitcoin, with its Ledger, originated the entire existing market for blockchain technology. Bitcoin has a number of nuances and shortcomings. Which Blockchain 2.0 tried to eliminate. Namely, the birth of the second Ethereum cryptocurrency with all the ensuing advantages and features, including a specially designed and developed smart contract. And here the technology has reached its limits beyond which Blockchain 3.0 has tried to step. During the development of which DAG technology was developed and implemented with its increased transaction processing speed, as well as reduced Commission costs. But as it turned out, these technical characteristics were not enough. Therefore, developers have come to the fourth generation of blockchain by trial and error, where both the speed of filling nodes and the volume of the block itself in the network have been significantly improved, the maximum volume of Which has been reduced to only 268 bytes.
In any case, this did not help to cope with many existing problems within the decentralized network. But don't be in a hurry to despair. After all, it is not for nothing that we are here together with you today, Allow me to introduce you to DhabiCoin, an incredible platform built on the Binance Smart Chain (BSC). Let’s start with a definition of Binance Smart Chain.. Which I want to talk to you about in more detail today.
About the Dubai Coin Project?
Dhabi Coin Token (DBC) is the only platform that has advanced technological capabilities and now present in the Binance Smart Chain (BSC) ecosystem, the Dhabi Coin Token (DBC) platform has total transaction security, low fees and agility. in information traffic, and the dhabi coin platform has relied on a very reliable support team and is also very good at multiple languages.
Once you get into our ecosystem, you can manage everything. Anyone with a smartphone and internet connection can participate in the global market.
Blockchain Advantages in DhabiCoin
Chain Accuracy
In blockchain networks, transactions are approved by a good network with a large number of
computers. This virtually eliminates individual participation in
the verification process , resulting in less human error and more precise data records.
Cost Reduction
Often, the customer pays the bank to confirm the transaction, the notary to sign the letter, or the
priest to marry them. Blockchain eliminates the need for third-party
verification and the costs that come with it. Businesses pay a small fee when they accept
credit card payments.
Decentralization
Some data on the blockchain will not be stored in one location. In most cases, the
blockchain is duplicated and spread across computer networks. When each
new block is added to the blockchain, each computer updates its blockchain to reflect the
transition.
Secure Transactions
Once a transaction is recorded, the blockchain network must check its
legitimacy. Thousands of blockchain computer systems secure to ensure that the order’s
the data is correct. After the engine validates the contract, it is added to
the blockchain block
Vision
To become the world’s reference in advanced cash types, presenting the best action partner program people around the world make computerized money types appear in their lives all.
Mission
Offers a friendly and secure e-money organization, which brings more people into the new cryptocurrency economy and offers advancements to those who are already using it.
Techrate
The Dubai Coin company was successfully approved in the audit and * received the Techrate endorsement stamp for its brand. *
Techrate is an Audit company formed by a team of engineers and analysts, who are specialized in blockchain technology and business analytics, with high and wide expertise in the crypto market, and are well known for their market reports created during the bull market of and for the technical evaluation of projects.
The main advantage of cryptocurrencies like DhabiCoin is that it allows fast transfers, in about ten minutes. This is the time required for transaction validation. Cryptocurrency transactions do not require intermediaries or bank intervention. For companies and customers, cryptocurrencies are, therefore, very profitable, as they eliminate some of the bank fees that are reflected in the final price.
BINANCE BINANCE SMART CHAIN BASED ON DHABICOIN
The main benefit of electronic forms of money, such as DhabiCoin, is that they allow for fast trades, taking only ten minutes. This is the amount of time it takes to agree a deal. There is no need for agents or banks to intervene in cryptographic cash trading. Cryptographic forms of money, accordingly, are very helpful for both organizations and clients, as they eliminate some of the bank fees that are reflected in the last expense. Binance DEX, the top decentralized exchange, supports a growing digital asset ecosystem:
Low transaction fees of only one penny
High performance, with a network that can generate blocks every three seconds.
A DeFi method that works across the chain to improve DeFi interoperability
The Binance ecosystem supports several DeFi initiatives by funding and bootstrapping them.
Binance.com and Binance DEX have a thriving ecosystem of millions of users.
BSC is already collaborating with a network of significant crypto initiatives.
Problem Checking Status
DhabiCoin compatible wallet
Once you get into our ecosystem, you can manage everything. Anyone with a smartphone and internet connection can participate in the global market.
DhabiCoin BEP-20 contract intelligence protocol is based on the Binance blockchain, Has ease of use across multiple applications, web3 platform, DEX, written in Solidity EVM programming language, has multiple uses in multiple modalities
Complete ecosystem of high standard technology allocated in pro DhabiCoin.
The DhabiCoin and Binance blockchains bring a variety of high-tech features to the crypto-active sector.
High Scale
Fast transaction
Wallets on multiple platforms
Immutable smart contracts
Secure network insurance protocol
BEP-20
BEP-20 is the Binance Smart Chain token standard that extends ERC-20, the most widely used Ethereum token standard. It serves as a blueprint for tokens, defining how they can be used, who can spend them, and other usage restrictions. It is compatible with Binance Chain’s BEP-2 and Ethereum’s ERC-20 because of their similarities. BEP-20 was created as a technical standard for the Binance Smart Chain, with the aim of enabling developers to launch various tokens in a flexible format. This can be anything from shares in a company to money deposited in a bank vault.
Token Distribution
- Presale (Round 1) DhabiCoin Token Value $0.02
- Presale (Round 2) DhabiCoin Token Value $0.04
- Sale (Round 1) DhabiCoin Token Value $0.07
- Final Sale (Round 2) DhabiCoin Token Value $0.13
- Time
- AirDrop Bounties project
Partners and advisors
ROADMAP
September 2020 -Formation of Koin Dhabi management group
October -Technical documentation sent to local authorities for approval
November
-Received documentation approved December -Development of Coin Dhabi Crypto Platform Started January
2021
-Deployment of the Dubai Coin Dhabi Binance Smart Chain test net Smart Contract
February -Deployment of the Dhabi Coin Mainnet Binance Smart Chain Smart Contract
March -Start AirDrop
Bounty March -Start Presale (Round 1)
July -End Presale (Round 1) July -Start Pre-sale
(Round 2)
September -End Presale (Round 2)/Send off Dhaka Coins / AirDrop Tokens Bounties
November -Start Sales (Round 1)
December -End Sales (Round 1)
December -Start Sales (Last Round 2)
Sistem Keamanan Koin Dhabi Dhabi
Multi-Factor Authentication Two -factor authentication
(2FA) is required for users with funds on the network because online account security is severely weakened without at least a second authentication element. Other factors, such as PIN (personal identification number) and confirmation email requirements, can be configured in the account. We have anti-intruder accounts and complete security in withdrawals, payments and even opening buy and sell orders on the exchange after enabling all these factors.
Self Development
Internally, with own workforce, network development is carried out. This working method ensures platform security, agility in platform updates, and troubleshooting. It also ensures that the future of the platform is in the hands of DHABICOIN and its users, as internal development allows the project to be directed according to the demands of society.
Technical support structure
Users will solve their problems in the most effective way possible in the shortest possible time thanks to an optimized support structure that uses contemporary tools and is linked to the ideals of SAC 2.0.
Dhabicoin Social Network
As it serves as the foundation and connects all the other modules, the social network is the most significant feature of Dhabicoin. It has a TimeLine, the option to follow other users, and the ability to engage with them through comments, shares, likes, and even private messages, similar to the way established networks operate. It has several advantages over generic platforms. Since it uses the KYC system, it is a network without a “fake” profile; it’s a network where everyone is identified and you know you’re following a real person or deal. All its members are interested in the bitcoin market and its use. Members are encouraged to interact in ways that will help them grow as traders. Beginners following leading traders will be more informed and able to make better financial decisions.
KYC system
The Know Your Client (KYC) standards are investment industry guidelines that ensure investment advisors have full knowledge of their clients’ risk tolerance, investment knowledge and financial situation. Clients and investment advisors are both KYC protected. Clients are guaranteed because their investment advisor knows the investment best suited to their unique circumstances. Knowing what they can and cannot add to their client portfolio protects investment advisors. Risk management, customer acceptance policies, and transaction monitoring are examples of KYC compliance requirements and rules.
Decentralized finance (Defi) and its uses
Decentralized financing is a form of blockchain based financing where there is no central financial intermediary such as brokers, stock exchanges, or banks offering traditional financial instruments, but blockchain smart contracts are used, Ethereum being the most common. Decentralized finance will change your understanding of the financial system. Decentralized finance is likely to have a significant impact on the way banks operate in the future – and potentially even change the overall structure of the financial system at the macroeconomic level.
Dhabicoin is based on the Binance Smart Chain network which combines the best of features. They dream of a world without borders. People and machines are connected and trade value internationally and freely in the future without gatekeepers or middlemen. So don’t you believe this is an amazing investment platform? Working with them is a fantastic experience. If you are looking for a trusted and innovative platform, consider Dhabicoin and enjoy the benefits of its services.
Conclusion
To sum up, it is difficult to keep your words of admiration for the team of specialists who worked on creating a truly great project called Dhabicoin . After all, all their achievements allowed the entire based binance smart technology Dhabicoin industry to step far forward, revealing simply unlimited ways of communicating users within its decentralized platform. Which, in turn, I will remind you, includes absolutely all areas of human economic activity within the framework of an accessible distributed registry.
But since the structure of all internal processes of Dhabicoin is simply incredible, it is interesting and technically complex. Then I did not take the responsibility to describe it in my article in the most detailed way. Therefore, if you are interested in delving into the details and their entire structure, then at the end of the article you will find all the official social resources of Dhabicoin with its detailed technical document. Where you can easily find all the information you need.
And this is where my article came to an end. I'm sure you were interested in learning about Dhabicoin . Therefore, I will be happy if you support me with your like and comment on this issue. Also, don't forget to subscribe to my resources so that you don't miss the most interesting projects from me.
The official resources of the project DHABICOIN:
Website: https://dhabicoin.ae/
Whitepaper: https://drive.google.com/file/d/1hP9VhhWtPuI1ON3Iw-8GJLJzRo0wVy_C/view
Telegram: https://t.me/joinchat/94HGhsK4sDNlN2Jk
Medium: https://dhabicoin.medium.com/
Reddit: https://www.reddit.com/user/dhabicoin/
Twitter: https://twitter.com/DhabicoinUae
Author:
Bitcointalk username: minstan
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2602172
BSC wallet: 0x72F8ba82B094025CF179995cEf5eC2CF6537F59e