Dach Coin price is $0.00050531
The current price of Dach Coin (DACHX) is $ 0.00050531. In the past 24 hours, the price has increased by +0.00%.
Dach Coin (DACHX) is a decentralized cryptocurrency that aims to facilitate peer-to-peer transactions with a focus on privacy and security. Dach Coin uses proof-of-stake (PoS) consensus mechanism for transaction verification which ensures speedy transactions and energy efficiency. The cryptocurrency is often used by those who value transaction privacy and are seeking an alternative, decentralized payment method.
The developers or founders of Dach Coin have remained anonymous, similar to many other privacy-centered cryptocurrencies. Their identities are not shared publicly in keeping with the privacy-focused ethos of the Dach Coin project.
Dach Coin is a proof-of-stake cryptocurrency, meaning that holders can earn more DACHX by staking their existing coins in their wallets. As per the PoS consensus mechanism, new transactions on the Dach Coin blockchain are confirmed not by miners solving complicated mathematical problems as in the case of proof-of-work cryptocurrencies, but by coin holders who are selected in a semi-random way, based on several variables including the size of the stake they hold. Utilizing the PoS model not only speeds up the transaction verification process but also makes it more energy-efficient.
Dach coin positions itself as a privacy-centric cryptocurrency with a strong emphasis on secure, anonymous transactions. For users concerned about the transparency and traceability that come with many other blockchains, Dach Coin offers an alternative. It uses advanced encryption and the PoS consensus mechanism to ensure speedy transactions that protect users' identities to maximize privacy.
The circulating supply of Dach Coin (DACHX) is currently 22.7M.
As per the latest data, Dach Coin ranks #1 in terms of market capitalization, which stands at $ 11.5K.
Dach Coin (DACHX) can be purchased on the CREX24 where it is listed. Always remember to use a secure wallet for storing your DACHX and perform due diligence while using exchanges for your purchases to ensure your assets' security.
As with any cryptocurrency, it's essential to take security measures when dealing with Dach Coin. Using hardware wallets or wallet apps with strong security features, keeping your private keys offline and secure, and being wary of phishing scams are all good practices. Always perform routine security checks and prefer secure, encrypted connections when dealing with your digital assets.
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