The Modern Financial Data Platform

Analyse
Profile
Dimecoin Stock

Dimecoin

DIME

Price

0.00
Today +/-
+0
Today %
+0 %

Dimecoin Whitepaper

  • Simple

  • Expanded

  • Experte

Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
XeggeXDIME/BTC03.010.11207.50cex12/27/2025, 1:36 PM
XeggeXDIME/LTC00.540.63162.680cex12/27/2025, 1:36 PM
XeggeXDIME/USDT009.3314.830.02cex16/26/2025, 2:51 PM
XeggeXDIME/ETH00014.310.02cex16/26/2025, 2:51 PM
XeggeXDIME/DOGE00013.450.02cex16/26/2025, 2:51 PM
XeggeXDIME/XPE03.063.385.790.01cex17/9/2025, 3:15 AM
StakeCubeDIME/SCC02.1500.030cex17/9/2025, 6:21 AM
1

Dimecoin FAQ

What is Dimecoin (DIME)?

Dimecoin (DIME) is a digital currency designed to bridge the divide between conventional fiat systems and blockchain technology. Introduced in December 2013, Dimecoin stands as one of the longest-standing UTXO blockchains currently available.

Who are the founders of the Dimecoin Network?

Dimecoin Network, the organization overseeing the Dimecoin Blockchain, is headquartered in the United States and was founded in February 2018 by Ryan Downey. The Dimecoin Network largely relies on the support of its volunteer members from the Dimecoin community. These individuals are united by a shared belief and enthusiasm for advancing not only Dimecoin but the broader field of cryptocurrency.

What are the objectives of the Dimecoin Network?

The Dimecoin Network is dedicated to promoting the expansion and adoption of blockchain technology by developing payment gateways and technology designed to enhance peer-to-peer and digital remittances through the use of the cryptocurrency Dimecoin (DIME).

What Distinguishes Dimecoin (DIME) as a Unique Cryptocurrency?

Dimecoin (DIME) is committed to maintaining complete decentralization. The development team does not hold any controlling interest or stake in a pre-mine. Furthermore, there has never been an initial coin offering (ICO) or any form of fundraising associated with the blockchain.

What is the Circulating Supply of Dimecoin (DIME) Coins?

As of December 2020, the total supply of Dimecoin is approximately 556 billion coins. Designed for everyday use, its supply is uncapped and is projected to increase at an inflation rate of less than 1.5% annually. Recent chain analysis estimates that approximately 388.53 billion coins are currently in circulation.

What Measures Ensure the Security of the Dimecoin Blockchain?

Dimecoin's blockchain utilizes a hybrid proof-of-work (PoW) and proof-of-stake (PoS) consensus model that incorporates masternodes. In September 2023, Dimecoin core version 2.3.0.0 was released. This update stabilizes the hybrid PoW-PoS consensus mechanism by integrating staking and masternodes to function alongside mining.

Where Can You Purchase Dimecoin (DIME)?

Dimecoin (DIME) is accessible on multiple exchange platforms and can be traded with a range of cryptocurrency pairs, including BTC, ETH, DOGE, LTC, and stablecoins like USDT and USDC, across the following exchanges: Xeggex, StakeCube, CryptoRadar, and Mercatox. Xeggex enables users to establish liquidity pools and trade $DIME against any coin or token listed on the platform. StakeCube provides services such as Masternode hosting, staking services, an explorer service, and an exchange.

Investors interested in Dimecoin are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.