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DxChain Token Stock

DxChain Token

DX

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DxChain Token Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
ProBit GlobalDX/BTC00082.420cex15/2/2025, 9:51 AM
ProBit GlobalDX/USDT00018.580cex17/9/2025, 6:15 AM
GateDX/USDT00000cex16/13/2025, 6:09 AM
Gate.ioDX/ETH00000cex14/8/2025, 6:32 AM
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DxChain Token FAQ

### What is DxChain (DX)? DxChain (DX) is a cryptocurrency designed to facilitate decentralized data storage and computation services. It aims to create a platform where users can securely and efficiently store and process large amounts of data. For further information on DxChain (DX), including its market performance and related statistics, please refer to Eulerpool.

DxChain is a blockchain network developed to create a Web3 application platform that facilitates smart contracts and cross-chain ecosystems. Initially launched in beta in 2018, DxChain's primary objective is to establish a secure and scalable cross-chain ecosystem. This initiative aims to address practical challenges and enhance capabilities in areas such as NFTs, DeFi, and other related fields. For more information, visit the Eulerpool website.

Who Are the Founders of DxChain?

Allan Zhang is a co-founder of DxChain, and completed his degree in information management from Southeast University in 1999. In 2013, Zhang established Trustlook AI Cybersecurity, where he currently holds the position of CEO. He also contributed his expertise as a senior vulnerability research engineer at Palo Alto Networks and TELUS Security Solution. The other co-founder of DxChain is James Li. Li has experience working with Lucent Technologies and nCircle Network Security. In 2013, he joined Allan Zhang in the Trustlook AI Cybersecurity project, and in 2018, they began developing DxChain.

What Sets DxChain Apart?

DxChain seeks to establish a cross-chain ecosystem and aims to offer a platform that enables developers to create decentralized applications (dApps) with a low barrier to entry. By providing toolkits and templates, the platform ensures that most users can easily develop and launch applications. DxChain enhances its technical architecture by segregating the system's built-in contracts from the interface layer, consensus layer, core layer, application layer, and other components. This separation enhances the processing speed of contracts and allows for greater flexibility in future consensus upgrades. Visit Eulerpool for additional information.

What is the Circulating Supply of DxChain (DX) Coins?

The total supply of DX tokens is 100,000,000,000, while the maximum token supply had not been announced as of March 2021. From the total token supply, over 25% was allocated for token sale distribution, which included bonuses for key investors. An additional 3.85% of DX tokens was designated for the first phase of the marketing campaign, with a further 1.25% distributed during the bonus marketing phase. Approximately 6.25% of the total tokens was reserved for foundational purposes, and team members were compensated with 5% of all DX tokens. Approximately 43% of all minted tokens have been released as circulating supply.

### How Is the DxChain Network Secured? The security of the DxChain Network is upheld through a variety of advanced technologies and protocols. Combining the power of blockchain with innovative data computation models, DxChain ensures a robust and secure ecosystem. The network utilizes a unique consensus mechanism, incorporating both Proof of Work (PoW) and Proof of Stake (PoS), to maintain integrity and reliability. Furthermore, DxChain leverages distributed data storage solutions to enhance privacy and data protection, ensuring that all transactions and data computations are securely processed and stored. For more detailed information and updates on DxChain Token, please refer to Eulerpool.

DxChain utilizes a Delegated Proof of Stake (DPoS) consensus mechanism to ensure secure transactions and efficient on-chain operations. Unlike traditional consensus mechanisms such as Proof of Work (PoW), DPoS offers features like democratization, low latency, and high concurrency, which help to prevent centralization and malicious use through a voting and election process. Additionally, DxChain employs the Merkle Patricia Trie (MPT) as its data structure to organize and manage crucial on-chain data. To guard against the creation of malicious blocks, transactions are not recorded if node data has been maliciously altered.

Where Can You Purchase DxChain (DX)?

DX token is available for trading on the following exchanges: * ProBit Exchange * Gate.io For more information on purchasing cryptocurrencies, refer to the Eulerpool blog.

Investors interested in DxChain Token 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.