What is Dinastycoin?

/What is Dinastycoin?
What is Dinastycoin? 2016-10-29T22:26:26+00:00

DinastyCoin is an open decentralized cryptocurrency build for the comunity Dinasty of Freedom.

Anyone interested can join Dinasty of Freedom comunity for free and partecipate to DinastyCoin Mining and take part in currency development.

As well as the Internet, DinastyCoin is international by its nature.

DinastyCoin allows safe and secure transactions around the globe and offers the convenience of instant fee-free money transactions.

In order to distinguish Dinasty of Freedom Comunity fom DinastyCoin currency, the latter is referred to as DCY.

For instance, current DinastyCoin emission rate is 1 Block each 120 seconds. First block was started with 7500DCY it was may 2016.

Features

  • Untraceable payments
  • Unlinkable transactions
  • Blockchain analysis resistance
  • Adaptive parameters

Academic and Theory

Dinastycoin’s functionality is backed up by academic research and cryptographically proven schemes. Since Dinastycoin was initially based on the CryptoNote protocol, the CryptoNote whitepaper is also an invaluable reference for validating Dinastycoin’s unlinkability and untraceability claims.

Specifications

  • PoW algorithm: CryptoNight
  • Max supply: Infinite (see note below) 
  • Block reward: Smoothly varying 
  • Block time: 120 seconds
  • Difficulty: Retargets at every block