D0S Coin (Future Prospects of D0ge Coin)

What is D0S Coin? According to official sources, D0S is a blockchain-based distributed storage and distribution protocol. D0S token (abbreviated as DDX) is a decentralized, peer-to-peer data protocol. In this case, users can create a platform that is fully governed by the community. DDX uses the DPoS consensus algorithm, and the system supports multi-chain parallel processing of transactions and state transitions.

Currently, there are two different mining mechanisms in the market: one is a mining project called the “staking” mode, and the other is a token that provides liquidity to exchanges. This makes DDX’s deflation model very similar to Bitcoin.

Future Prospects of D0ge Coin

D0ge, an open-source project for decentralized finance (DeFi), is the first token to be issued and circulated on the Ethereum network. Its goal is to provide faster transaction speeds and reduce gas fees for blockchain. d0GE token will become an open protocol that allows anyone to participate in staking, mining, and other similar applications or services.

According to official information, d0Ge Token has already completed its initial sale and pre-sale, with plans to launch the mainnet before the end of 2020, at which point all participants will receive the asset. As of now, over 10,000 early users have voted in support of the asset through d0GEMoredDAO, and it is expected to go live on the mainnet in May 2019.

It is worth mentioning that D0Gem is an application built on Ethereum and was officially launched at the end of October 2015. It has maintained rapid growth and has successfully listed on multiple exchanges, including Uniswap, PancakeSwap, and Balancer, within less than a year.