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What is DFD Coin? (How is this coin, df?)

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What is DFD Coin? DFD Coin is a blockchain-based distributed ledger. It utilize

What is DFD Coin? (How is this coin, df?)

What is DFD Coin? DFD Coin is a blockchain-based distributed ledger. It utilizes a decentralized approach to record and track transactions, enabling peer-to-peer real-time exchanges, data transfer, and asset registration. Currently, it is mainly used in the gaming industry. DFD ensures the security and stable operation of the system by utilizing the DPoS consensus algorithm.

In August 2018, DFD was developed by Bitmain and received support from the South Korean internet giant, Kakao. In addition, DFD also received angel funding from the cryptocurrency investment company, Polymath.

How is this coin, df?

How is this coin, df? Personally, I think it is a bit overvalued, but overall, the price and the project aspects are quite satisfactory.

DF (Decentralized Finance), also known as decentralized finance, is referred to as “digital gold” in Chinese. df is a decentralized stablecoin developed on the Ethereum platform, with a total supply of 1 billion coins. Over 70% of the supply is generated through mining, and the remaining 30% is generated by the community. There is no incentive mechanism in place to ensure the healthy development of the system. Additionally, 15% of the supply is issued by the DFG Foundation.

df is currently in a hot stage. From the market perspective, its circulation is relatively small, making it difficult to create hype. However, it does have potential for good market performance. Furthermore, df itself is a small platform, and the price of its token, DF, is very cheap. If calculated based on the current price, its value is approximately around 200,000 yuan.

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