Decimal PriceDEL

What is Decimal (DEL)?

Decimal (DEL) is the native cryptocurrency of the Decimal blockchain, a network built on the Cosmos SDK and secured through a Delegated Proof of Stake consensus mechanism. Launched on Aug. 1, 2020, DEL functions as a peer-to-peer online currency that enables direct transactions between equal, independent network members without intermediaries. The Decimal blockchain positions itself as both a blockchain and a token constructor, allowing users to issue personal coins in just a few clicks without technical expertise. The project emphasizes simple coin issuance, transparent pricing, safety, and rapid transaction settlement. With a total supply of approximately 11.12 billion DEL and a maximum supply of 92.07 billion DEL, the circulating supply represents roughly 12.08% of the maximum. The network is compatible with all blockchains in the Cosmos ecosystem, which includes more than 130 projects, giving DEL broad interoperability potential within the broader interchain landscape.

Key Specifications & Tokenomics

• Name: Decimal
• Ticker / Symbol: DEL
• Blockchain / Architecture: Cosmos SDK
• Consensus Mechanism: DPoS (Delegated Proof of Stake)
• Launch Date: Aug. 1, 2020
• Total Supply: 11,121,003,896 DEL
• Max Supply: 92,075,616,000 DEL
• Circulating Supply: 11,121,003,896 DEL
• Circulating Supply Percentage of Max: 12.08%
• Market Cap: $5,431,008,360
• Fully Diluted Valuation: $44,965,674,408
• Holders: 10.12K
• Category / Tags: DeFi, Ethereum Ecosystem, BNB Chain Ecosystem
• CertiK Rating: 3.9
• Official Website: https://decimalchain.com/
• Whitepaper: https://decimalchain.com/WPeng.pdf
• Explorers: etherscan.io, explorer.decimalchain.com
• Rank: #202

Who created Decimal?

DecimalChain was developed by the development teams of BitTeam and Crypton. The project was created by BitTeam and built on the Cosmos SDK, which provides a secure and dependable framework for organizing network interaction between nodes and ensuring reliable consensus during block formation. The DecimalChain team continues to make improvements based on decentralized voting by network validators and regularly adds new features to the ecosystem. This governance-driven development model allows the network to evolve in response to the preferences of its validator community rather than through centralized decision-making.

How does Decimal work?

Decimal operates on the Cosmos SDK, a modular framework designed to ensure secure and reliable interaction between network nodes. The network uses Delegated Proof of Stake, where validators are responsible for creating new blocks and securing the chain. A new portion of DEL is generated as a reward to validators for producing blocks on the Decimal network. Coin holders can participate in the reward system by bonding their coins to any validator, and the validator's reward is distributed among those who bonded their coins to them. This bonding mechanism aligns incentives between validators and delegators while maintaining network security. The Cosmos SDK architecture also makes the Decimal blockchain compatible with all blockchains in the Cosmos Network, enabling interoperability across more than 130 projects. For end users, transactions occur directly between equal, independent members of the network without the need for any intermediary to allow or facilitate their use.

What makes Decimal unique and valuable?

Decimal distinguishes itself through its dual identity as both a functional blockchain and a token constructor. Users can create their own cryptocurrency on the Decimal blockchain in what the project describes as literally five clicks, with a design intended to ensure that even an unprepared user succeeds from the first attempt. This lowers the barrier to token creation significantly compared to many other platforms that require technical skills or smart contract development experience. Unlike Bitcoin, the Decimal network does not require huge electricity costs or expensive equipment performing mathematical tasks, making it more energy-efficient and accessible. The project was created as a simple and user-optimized value exchange tool, targeting private internet users and entrepreneurs of different levels. DEL is described as not inferior to other cryptocurrencies or global payment systems such as PayPal, Visa, and MasterCard for end users. The network's compatibility with the Cosmos ecosystem further enhances its value by connecting it to a broad network of interoperable blockchains.

What is Decimal used for?

DEL serves as the key element of the Decimal ecosystem and functions as the reserve currency and native token of the Decimal blockchain. It is used for peer-to-peer online transactions, allowing value to be transferred directly between network participants without intermediaries. DEL also acts as a medium of exchange for services and goods within the ecosystem. Token holders can bond their DEL coins to validators to earn a share of the rewards generated through block production, creating a yield opportunity for long-term holders. Validators receive DEL as block rewards for their work in securing the network and creating new blocks. Additionally, DEL is the asset used when users create and manage their own personal coins on the Decimal blockchain, tying the token directly to the platform's core token-creation functionality. The ownership of any coin of the network gives the opportunity to make a profit through bonding, making DEL both a transactional currency and a productive asset within the Decimal economy.

How Is the Decimal ecosystem developing?

The Decimal ecosystem is developing through continuous improvements driven by decentralized voting of network validators. The team regularly adds new features and upgrades based on this governance process, ensuring that development aligns with the preferences and needs of the validator community. The Decimal blockchain's compatibility with the Cosmos Network, which includes more than 130 projects, positions it for growth within the broader interchain ecosystem. The project's focus on accessibility and simplicity, particularly its five-click token creation process, aims to attract entrepreneurs and individual users who may not have technical backgrounds. DecimalChain describes itself as an ecosystem with blockchain technology at its core, providing simple personal coin issuing, transparent coin pricing, safety, and rapidity. The project maintains an active presence across multiple community platforms and continues to expand its reach through listings on various market data aggregators and exchanges.

How to mine Decimal?

Decimal does not use traditional proof-of-work mining that requires expensive equipment and high electricity consumption. Instead, the network operates on a Delegated Proof of Stake model where validators are responsible for creating new blocks and securing the chain. A new portion of DEL is generated on the Decimal network as a reward to specialized participants, known as validators, for the creation of Decimal blockchain blocks. To participate in earning rewards without running a validator node, coin holders can bond their DEL coins to any validator. The validator receives a reward for their work, which is then distributed among those who bonded their coins to them. This staking and bonding mechanism allows DEL holders to earn a share of network rewards while contributing to the security and decentralization of the blockchain. The specific requirements for becoming a validator, including minimum stake amounts and hardware specifications, are subject to the network's governance parameters.

How to keep your Decimal Coin safe?

Securing DEL tokens requires attention to both storage and operational security practices. For long-term holdings, hardware wallets such as Ledger and Trezor are listed as the most secure options for storing cryptocurrency. These devices keep private keys offline and protected from online threats. When interacting with the Decimal network, users should ensure they are using official and verified interfaces, including the official Decimal blockchain explorer at explorer.decimalchain.com. For transactions on Ethereum-compatible networks, etherscan.io serves as a recognized explorer. Users should verify contract addresses carefully before interacting with any token contracts. When bonding coins to validators, it is advisable to research validators thoroughly and consider diversifying across multiple reputable validators to reduce risk. Keeping software up to date, using strong unique passwords, enabling two-factor authentication where available, and never sharing private keys or seed phrases are fundamental security practices that apply to DEL as with any cryptocurrency.

How to buy Decimal Coin?

DEL is listed on several cryptocurrency exchanges and can be purchased through various trading platforms. For a secure and liquid trading experience, using a major regulated platform like BTCC is recommended.

Register a BTCC Account: Sign up using your email or mobile number and complete the KYC verification to unlock more features and benefits of the platform.

Deposit Funds: Deposit fiat currency via bank transfer, card, or third-party payment, or transfer USDT from an external wallet into your BTCC account.

Start Trading: Go to the trading page and search for the spot trading pair DEL/USDT or the perpetual contract DELUSDT.

Place an Order: Enter the amount of DEL you wish to purchase and submit the order. For contract trading, you can also choose to go short and adjust the leverage multiplier according to your strategy and risk tolerance.

Confirm Your Purchase: For spot purchases, check your personal account to see if the coins have arrived. For contract trades, check the trading page to see if your order was filled successfully.