Question 1

What Is Dimecoin (DIME)?

Accepted Answer

Dimecoin (DIME) is a [digital currency](https://coinmarketcap.com/alexandria/glossary/digital-currency) which aims to bridge the gap between traditional fiat and blockchain technology. First launched in December 2013, Dimecoin is one of the oldest UTXO blockchains in existence today.

Question 2

Who Are the Founders of Dimecoin Network?

Accepted Answer

Dimecoin Network, stewards of the Dimecoin Blockchain, is based in the United States of America and was established February of 2018 by its founder Ryan Downey.

Dimecoin Network operates primarily through the help of its volunteer members from within the Dimecoin community. These members share a common belief and passion for facilitating the growth of not only Dimecoin but cryptocurrency as a whole.

Question 3

What are the goals of Dimecoin Network?

Accepted Answer

Dimecoin Network aims to facilitate the growth and adoption of blockchain technology through the development of payment gateways and technology geared towards streamlining P2P and digital remittances via the use of the [cryptocurrency](https://coinmarketcap.com/alexandria/glossary/cryptocurrency) Dimecoin (DIME).

Question 4

What Makes Dimecoin (DIME) the Cryptocurrency Unique?

Accepted Answer

Dimecoin (DIME) aims to remain fully decentralized. The development team has no controlling interest or stake in any pre-mine. Additionally, there has never been an initial coin offering [ICO](https://coinmarketcap.com/alexandria/glossary/initial-coin-offering-ico) or any sort of fundraising linked to the blockchain.

Question 5

How Many Dimecoin (DIME) coins Are There in Circulation?

Accepted Answer

As of December 2020, the total [supply]( https://chainz.cryptoid.info/dime/api.dws?q=circulating) is roughly 556 billion coins. Given its status as a currency for every-day use, the supply is uncapped, and will continue to expand at an inflation rate of less than 1.5% yearly.

Recent chain analysis conducted *estimates* that there is roughly 478.3 billion coins currently in circulation.

Question 6

How Is the Dimecoin Blockchain Secured?

Accepted Answer

Dimecoin’s blockchain consensus mechanism is proof-of-work [PoW](https://coinmarketcap.com/alexandria/glossary/proof-of-work-pow).

As of June 2022, Dimecoin core v2.0.0.0 was released. Deploying the Phoenix update makes the consensus mechanism a hybrid PoW-PoS consensus which introduced [staking](https://coinmarketcap.com/alexandria/glossary/staking) and [masternodes](https://coinmarketcap.com/alexandria/glossary/masternodes) to work along side [mining](https://coinmarketcap.com/alexandria/glossary/mining).

Question 7

Where Can You Buy Dimecoin (DIME)?

Accepted Answer

Dimecoin (DIME) is available on several exchange platforms and is available for trading with various pairs of cryptocurrencies ([BTC](https://coinmarketcap.com/currencies/bitcoin/), [ETH](https://coinmarketcap.com/currencies/ethereum/), [DOGE](https://coinmarketcap.com/currencies/dogecoin/) [LTC](https://coinmarketcap.com/currencies/litecoin/), [BNB](https://coinmarketcap.com/currencies/bnb/) directly with fiat (USD, EUR, & RUR),  and stable coins such as [USDT](https://coinmarketcap.com/currencies/tether/) and [USDC](https://coinmarketcap.com/currencies/usd-coin/) across the following exchanges: [Xeggex](https://xeggex.com/) [Crex24](https://crex24.com/), and [CpxClassic](https://cpxclassic.com/).

Additionally, [Xeggex](https://xeggex.com/) allows users to create liquidity pools and trade $DIME against any coin/token listed on Xeggex.

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What Is Dimecoin (DIME)?

Who Are the Founders of Dimecoin Network?

What are the goals of Dimecoin Network?

What Makes Dimecoin (DIME) the Cryptocurrency Unique?

How Many Dimecoin (DIME) coins Are There in Circulation?

How Is the Dimecoin Blockchain Secured?

Where Can You Buy Dimecoin (DIME)?

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