Dimecoin

## What Is Dimecoin (DIME)? 

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. 

### Who Are the Founders of Dimecoin Network? 

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. 

### What are the goals of Dimecoin Network? 

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). 

#### What Makes Dimecoin (DIME) the Cryptocurrency Unique? 

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.  

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

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 388.53 billion coins currently in circulation. 

### How Is the Dimecoin Blockchain Secured? 

Dimecoin’s blockchain is a hybrid proof-of-work [PoW](https://coinmarketcap.com/alexandria/glossary/proof-of-work-pow)/proof-of-stake [PoS](https://coinmarketcap.com/academy/glossary/proof-of-stake-pos) consensus with masterndoes.

As of September 2023, Dimecoin core v2.3.0.0 was released. An update which stablizes the hybrid PoW-PoS consensus mechanism 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).  

 ### Where Can You Buy Dimecoin (DIME)? 

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/), 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/) [StakeCube](https://stakecube.net/), [CryptoRadar](https://cryptoradar.exchange/crx/home), and [Mercatox](https://mercatox.com/). 

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

[StakeCube](https://stakecube.net/) offers Masternode hosting, staking services, explorer service and an exchange.

#### Related Pages: 

- Learn more about Dimecoin Network [here]( http://www.dimecoinnetwork.com/). 

- Follow us on [Twitter](https://twitter.com/dimecoin)  

- Join us on [Telegram](https://t.me/Dimecoin) 

- Follow us on [Facebook](https://www.facebook.com/dimecoincommunity/) 

- Follow us on [LinkedIN](https://www.linkedin.com/company/27204714/) 



X-CASH

Graviocoin

BitKan

QuadrantProtocol

Humaniq

SmartCash

Validity

Litecoin Cash

KingXChain

GSENetwork

Future1coin

Peercoin, also known as PPC or Peer-to-Peer Coin, was created by Sunny King and his team and launched in August 2012. It is the first blockchain to implement Proof-of-Stake consensus.

The primary inspiration behind the creation of Peercoin was to address a number of perceived shortcomings of Bitcoin, including energy efficiency, security and sustainability, decentralization and long-term viability.

Essentially it was designed as an enhanced replacement for Bitcoin. As such, it was originally forked from Bitcoin and uses the same UTXO style blockchain. However, Peercoin's code was modified to introduce Proof-of-Stake as its primary consensus protocol. The next section explains how this makes for a better blockchain.

Given that Peercoin uses most of the same code, it can easily port new features from Bitcoin and utilize any of the supporting infrastructure, including tech advancements like Taproot or Lightning Network. Peercoin is the only Proof-of-Stake blockchain that uses modern Bitcoin code, making it the perfect drop-in replacement.

Peercoin also has a dedicated community, is actively developed, fairly distributed, has low barriers of participation, can do everything that Bitcoin does, minus the 13 TWh of energy usage, and it's not a scam.