DMD Diamond is an innovative blockchain-based cryptocurrency project, founded in 2013. Over time, it has consistently evolved to stay relevant in changing market conditions. The project's recent upgrade, DMD v4, showcases its dedication to progressive development, featuring true decentralization, on-chain governance, fast transaction times, and more.
Key Features of DMD v4
DMD v4, released in 2021, carries forward the project's legacy of innovation with a host of state-of-the-art features. These include on-chain governance, faster transaction times, low fees, a low carbon footprint, enhanced security measures, interoperability, and the ability to deploy smart contracts. By implementing these features, DMD Diamond progresses towards its vision of creating an inclusive, efficient, and secure blockchain ecosystem.
Unique Consensus Mechanism and Validator Election
The DMD v4 blockchain is the world’s first to utilize a cooperative HBBFT consensus mechanism. This is further supplemented by a dPOS-based validator election, which aids in maintaining the security and integrity of the blockchain. This unique combination sets DMD Diamond apart in the crowded blockchain field, demonstrating its commitment to pioneering technological advancements.
Sustainable Reward Mechanic and Finite Supply
Yet another distinguishing feature of DMD Diamond is its implementation of a sustainable and endless reward mechanic - the first blockchain to do so. Combined with a low max finite supply of just 4.38 million coins, this feature ensures a balance between reward distribution and supply limit, promoting long-term sustainability and value growth.
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