Why can DCR double dig (in which mining pool does DCR dig)

08/03/2023 22:29 • Tech Ticker • 121 views

Why dcr can double dig Editor’s note: This article is from the dcr community and is reprinted by the Daily Planet with authorization

The underlying protocol dcr. finance of Decentralized Finance (DeFi) launched a beta version of the main network in June 2020. However, due to the current low network utilization rate, in order to address the user’s demand for mining by token trading, the official decided to introduce the dual mining function to the Ethereum blockchain What is double excavation? Why can we double dig? Why can we achieve cross chain interoperability? Double assets are issued and circulated in two ways:

1) Tokens are issued and circulated on the Ethereum chain

2) Support the interaction between other smart contract platforms on Ethereum and applications The tokens provided to developers are ERC20 standard tokens or other ERC-20 tokens 4) Create a new project and deploy a new DCR contract

5) Use the pledge governance token DCRV as a reward in return Why can we adopt a dual mining mechanism: Why can DCR share liquidity and profits through multiple public chains and wallets? How to utilize the incentive mechanism of dcr double excavation

Why can dcr issue and transfer tokens on Ethereum? Why can dcr issue and transfer tokens on Ethereum? Why can we double dig

The first case is to publish and transfer tokens on the Ethereum blockchain, which will affect the user’s capital pool and the voting rights of participants; The second question is how to ensure the safety and integrity of the project? Why can’t we choose two ecological chains? Why use “individual” as a mining reward for consensus nodes? If you want to receive rewards, you need to establish an independent network between the two chains to ensure that the system can operate normally without being attacked by hackers or losing private keys Therefore, the dual mining technology design allows each address to have its own digital currency reserve without any additional risks. The disadvantage of this solution is that users need to bear different costs when using it. When users want to forge digital Cryptocurrency worth US $1 on the Ethereum network, they must hold these digital assets to obtain rewards! Therefore, for ordinary investors, only those who deposit more than $100 in digital Cryptocurrency can be eligible to become a verifier, without having to pay a higher price for the balance in the account to purchase the amount, thus improving the return on investment

The reason for this is mainly reflected in a very simple example: you need to deduct a certain amount in your account for trading activities, rather than sending transactions on the Ethereum chain. If you have already sold this account and exchanged it for mainstream digital currencies such as ETH/USDC, you can immediately redeem the corresponding proportion share from the DCCR network, and then earn a certain profit based on the current lock in amount, which is about 2 cents of interest

For example, suppose you bought 100000 Bitcoins (2% of the total supply) on Ethernet, and now you still have 500000 Ethereum. But you only have more than 30 days of waiting time and 12 weeks of time (i.e. 7 days of delay) in your hands. At this time,

in which ore pool does dcr dig

Decentralized computing network dcr currently has the following ore pools: HPool, Antpool and OKEx. Among them, the total number of DCRs mined by HPool is 30000; AntPool was launched on August 5, 2021, with a 24-hour output of 100 million pieces, followed by OKEX (approximately 200 million) It is reported that DCR is an open source platform that protects user privacy by encrypting blockchain data and adding it to its smart contract. In addition, dcnir also uses zk SNARK technology to compress transactions into Decimal separator to improve security, while providing faster confirmation times and higher throughput.

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Why can DCR double dig (in which mining pool does DCR dig)

in which ore pool does dcr dig

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