The digital economy is a key factor in the development of current market relations. It develops, adjusting to public demand, and dictates its own rules of the game. Many IT innovations have been released, such as the DxChain Token cryptocurrency. It is the latest reality and worldview that allows healthy competition to develop.

It is important to understand the difference between crypt and conventional currency (banknotes and coins). DxChain Token does not compete with the state and its means of payment. There is such a phenomenon as market rivalry between similar sites.

Electronic services, online payments, network marketing, internet banking, advertising - these are all the achievements of the digital economy that can be tested today thanks to the crypt. By its nature, it performs almost all monetary functions, except for one ̶ measure of value. Thus, these tokens allow the following operations:

Payment for services and obligations.
Commodity circulation: buying and selling tangible and intangible goods.
Capitalization: accumulation and earnings on the saved currency.
Worldwide circulation. Allows to carry out transactions not only within the state, but also between residents of different countries.
The position of DxChain Token cryptocurrency is relatively stable compared to its market competitors.

About DxChain Token project

It is the worlds first decentralized network that handles large materials and includes machine learning. It is based on blockchain that focuses on computing resources and technology.

In other words, the project is a public network, the goal of which is to develop a platform for solving high volumes of computation in an environment dispersed from the governing body. It is characterized by a lack of internal and external administrators. All processes are carried out thanks to program codes.

The DxChain structure consists of a chain architecture. It includes one main and two side ones. This structure was planned in order to simplify the storage of information and find solutions to problems of confidentiality and data calculation (one chain cannot guarantee a high-level procedure).

The Lightning Network pushed designers to this idea. They analyzed the presence of a second layer payment protocol on the network. Each of the chains of the platform is responsible for saving a certain block of information materials:

The Master Chain is responsible for data on the work with assets, state, transactions, receipts and contracts. To provide the highest level of security without compromising stability, the master chain employs a PoW protocol called “proof of work”.
Data Transfer Chain (DSC): Contains information about active and inactive content and metadata. Also acts as a data retrieval method.
The initial computation chain (CSC) stores the computations specified by the code of the problem and is responsible for recording the operations performed, which decide whether a particular operation can be performed.
There is a clear distribution of functionality between the three chains. Another advantage of this design is more efficient and productive operation of the system as a whole, as well as resilience to problems and network attacks.

DxChain Token Features

DxChain Token transactions are not much different from transactions with any other crypto. With the help of high-quality technology and computational tasks, data is obtained - crypts. It has its own calculation algorithm. This process is called mining, and the user is called a miner.

Previously, all operations took place within days or even months. Taking into account the development of computer technology, the time for extracting currency is reduced to several minutes. This innovation contributes to the development of the digital economy, takes it to a new level.

Now the client does not have to worry, because all transactions that are carried out with the currency are potentially protected due to the uncorrelated market. It opens up new opportunities for small businesses. The nature of the transactions depends on the policies of a particular state. In general, the legal system can be circumvented, but the process of legalizing the crypt is much easier.

Key platform features:

Allows for confidentiality and flexibility in retrieving files.
Performs computational tasks of any complexity level, taking into account the minimum number of network nodes.
Allows the program to check the accuracy of the calculated results.
Acts as a storage protocol. The chain uses PoSt and PDP in order to check all processes and prevent network attacks that are aimed at disabling the system.
With the help of DxChain Token, such actions as earnings and capitalization, transfers, exchange, payment of salaries, purchase of goods, repayment of obligations, financing of projects and other operations are available.

How DxChain Token is created

The creator of the DxChain Token cryptocurrency has tried to provide the highest level of privacy for its clients.

The DxChain Token team consists of 12 people:

Allan Zhang is a co-founder, blockchain and network security expert.
James Lee is the co-founder and chief security architect.
Tony Wu is in charge of investor relations.
Xiaofei Liu is a blockchain engineer.
Taoshen Shi is a blockchain engineer.
Li Lu is a blockchain researcher.
Jackie Wan is a blockchain engineer.
Eric Wang is a full stack engineer.
Manxiang Zhang is the creator of Blockchain Back End.
Xiang Zhang is a blockchain engineer.
Kanshi Wei is a software development trainee.
Thus, the team has two co-founders and 10 more people, the roles between whom are clearly assigned, which helps to ensure the greatest efficiency and productivity of work. The team also has 3 consultants: Leo Wang, Yang Gong and Fan Zhang. These are people with extensive experience in major companies such as Trustlook, Alibaba, Global Markets Sales & Trading, NOKIA, etc.

They took positive and interesting points from each organization as a basis, connecting which, they received a decentralized network. The team got the most inspiration from the technologies of the Hadoop platform, which was developed by The Apache Software Foundation. Blockchain researcher Li Lu worked here.

The development of the project started in 2017. During this period of time, the creators managed to pick up all the necessary keys and blockchain technologies. In 2018, the design and prototypes of key techniques were finally selected, and the concept was launched in July. The main network was modernized in 2019.

The goals set by the team:

Ensure maximum client confidentiality.
Safety of use.
Convenience of ownership.
Support for business intelligence and machine learning applications.
With the help of a decentralized platform, users have the ability not only to manage their data, but also to benefit. Thanks to the blockchain platform with multiple nodes and distributed storage, the costs of retrieving, processing and storing information have been significantly reduced.

Is DxChain Token Infinite?

The digital economy is in progressive development and improvement. Every day new projects and sites appear, and the competition market is growing.

One cryptocurrency is kept afloat, improves the design of its platform, offers users the goods they are interested in, expands the range of services, while the other does not withstand market pressure, and its turnover gradually "fades away".

To understand how much a particular crypt is in demand, it is necessary to analyze several important indicators. This can be both the total market capitalization and the daily turnover of the currency.

The crypt project was launched on July 7, 2018, and to date it already has 5,531 token holders and 26,740 transfers.

Due to minor changes, the DxChain Token cryptocurrency exchange rate changes periodically, and the platform jumps from 71st to 86th place in the currency capitalization rating. Half of all coins are in circulation. Capitalization is $ 53,299,199. In relation to Bitcoin, DxChain Token is equal to 1 BTC = 6,273,972.00 DX.

Despite the fact that this currency is not as popular as Bitcoin, it has a large list of investors: JRR Crypto, Divergence Digital Currency Fund, Badwater Capital, One Block, Vancoin, Stellar Partners, etc.

The network is based on smart contracts that are gaining popularity in recent years. These are some kind of computer algorithms that are designed to generate, control, and provide information about ownership. The client signs a smart contract, which subsequently has executable code access to objects. Its task is to ensure the strict fulfillment of all terms of the contract.

DxChain Token Strengths

Based on the words of the developers, the DX platform was created in order to provide users with a decentralized parallel computing environment with support for large indicators and parallel operations.

As the creators note, the crypto has the following advantages:

PDC (Data Computation Provided). This is a completely new network with calculations that do not lend themselves to the influence of any administrators. All actions are carried out thanks to the inherent mathematical laws and program codes.
Chain on chain. New design and structure: the use of one main and two side chains, which allows you to capture and process the largest amount of information with maximum accuracy.
Porting your Hadoop system to a distributed environment.
Barter support with analytics and business materials.
In addition, the platform has the following features:

availability;
currency stability;
confidentiality;
large data warehouse;
safety;
decentralization.
The negative aspects include only the low rate of the crypt. However, even in this nuance, you can benefit - DX is available from an economic point of view for all individuals and legal entities.

The project is very promising and very ambitious. It aims to expand to the worlds largest storage space. If the team succeeds in realizing all their goals and ideas, then the currency will reach a completely different level and become more popular among users.

DxChain Token in TOP currencies

The DX token is the main token of the network protocol. It was originally an ERC-20 type. These are blockchain assets that are valuable and can be used on the network like other tokens. Thus, these are a kind of initial investment projects. After crowdsale, they showed up on the main DxChain network.

Tokens are characterized by the following functionality:

it is a key, secure way for participants to pay for their actions;
rewarding suppliers who are responsible for storing the computing resources necessary to carry out various transactions and launch applications;
miners reward.
The DX team has a lot of technical background, which allows to strengthen the encryption of the portal and pay more attention to the privacy issue of concern to customers.

DxChain Token is a token that operates on the Ethereum platform. Its current stock is 100,000,000,000 units, of which 49,999,999,999,686 are in circulation.

DxChain token is listed on 6 exchanges and 8 active markets. Its current price is 0.075627 ₽, in the dollar equivalent of ICO - 1DX = $ 0.001070. The volume of currency in circulation per day is within 88 709 615 rubles.