Dalecoin price is $0.00284761
As of today, the price of Dalecoin (DALC) is $ 0.00284761. Please note that the value of cryptocurrencies can change rapidly due to market demand and supply.
Dalecoin (DALC) is an ERC20 token that functions on the Ethereum blockchain. It is designed to be utilized as a payment token for goods and services. Despite the number of cryptocurrencies available on the market, Dalecoin distinguishes itself by aiming to become a universally accepted form of digital money for buying and selling products.
The creator details of Dalecoin are not openly disclosed on the official Dalecoin website or public documentation. It's essential to note that this is quite a common practice in the decentralized world of cryptocurrency. Developers often choose to stay anonymous due to a variety of reasons ranging from personal privacy to wanting the focus to be on the technology rather than the individuals behind it.
As an ERC20 token, Dalecoin operates on the Ethereum blockchain. The Ethereum blockchain is a decentralized, open-source ledger that uses smart contracts. Dalecoin utilizes this structure to process transactions for the buying and selling of goods and services.
To use Dalecoin, you would first have to acquire some tokens, which you can then send to other Ethereum addresses as payment for goods or services. The other party can verify the receipt of these tokens by checking the Ethereum blockchain where all transactions are transparently recorded.
What makes Dalecoin stand out is its utilization of the Ethereum blockchain's ERC20 standard. Being an ERC20 token implies that it benefits from Ethereum's proven security and robust smart contract capabilities. This aids in providing a safe and reliable environment for transactions.
Additionally, Dalecoin aims to be a universal token for purchasing goods and services. If this is realized, it could provide a significant level of flexibility and accessibility in conducting transactions, which can be especially beneficial in the growing digital economy.
Aside from the Ethereum Blockchain, further specific details or standout technological features about Dalecoin's underlying technology are not provided on Dalecoin's official website or publicly available documents. It is important to always do your due diligence when it comes to understanding the technology behind any crypto asset you engage with.
Currently, the circulating supply of Dalecoin is 0.9M. Its maximum total supply is 1.0M. These numbers provide insight into the amount of Dalecoin tokens that have been minted compared to the number of tokens still available for future creation or release.
Dalecoin can be purchased on the YoBit where it is listed. As with all cryptocurrency purchases, it's suggested you store your DALC in a secure wallet to protect your investment from potential risks.
While no specific safety measures are mentioned on Dalecoin's official website, traditional cryptocurrency safety measures should be adopted. These can include using hardware wallets for storing your tokens, keeping your private keys offline and secure, enabling two-factor authentication on any related online accounts, and being mindful of phishing attempts. It's also important to update yourself regularly on any news or updates related to Dalecoin.
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