DEL White Paper
DEL White Paper
DEL White Paper
Decimal
White Paper
version 2.0
Table of contents
Disclaimer 3
1. Philosophy of Decimal 4
4. Goals 10
6. DEL Coin 19
7. Intermediate result 21
Statistical data 22
7.1 Basic functionality 27
7.1.1 Creating custom coins 27
7.1.1.1 Changing the Maximum Issuance of Custom Coins 27
7.1.1.2 Commission payment with custom coin 27
7.1.2 Creating NFTs (non-fungible tokens) 27
7.1.3 Storing and sending coins and tokens 29
7.1.4 Delegation and Unbonding 29
7.1.5 Multisig Wallet 29
7.1.6. Cross-Chain Transactions 30
7.1.7 Voting validators 32
7.2 Decimal Smart Chain 34
7.2.1 DEX 34
7.2.2 DAO 35
7.2.3 Stablecoin 35
7.2.3.1 Algorithmic Stablecoin 36
7.2.4 Launchpad 38
7.2.5. Integration with Ledger 39
7.2.6 Support for the collateral-free token (ERC20) 39
7.2.7. Dynamic transaction fee 40
7.2.9 Extended NFT/SFT capabilities 43
7.2.10 Burning Coins 44
7.2.11. Validator change by delegate 44
8.1.Unit of accounting (cashback, loyalty points, bonuses) 45
8.2 Storing and transmitting information 46
8.3 Derivatives (transfer of rights to valuables) 47
8.4 Cross-platform 48
8.5. DeFi 49
8. 6. Come up with your own custom script 50
9. Mathematics 51
Transaction fee calculation 52
10. Roadmap 54
1
11. Additional information 56
12. Glossary 57
2
Disclaimer
This document is not a public offer, does not constitute any legal advice,
and shall not constitute sufficient grounds for any decision.
This document is not an official document and is not subject to the legal
system.
This document has been compiled for informational purposes only. The
sole purpose of this document is to present Decimal's ecosystem
services and software and DEL tokens to potential users in connection
with their sale. Developers, purchasers, investors and others interested
in the ecosystem services, Decimal software and DEL tokens should
consult their legal counsel before acting on the guidance and certain
actions in connection with the material published herein.
The reports, tables, estimates and financial data in this document are
forward-looking and involve risks of uncertainty in the economic and
legal context. Therefore, such information is provided herein for
demonstration purposes only and does not constitute a guarantee of
achieving the specified values (indicators) in the future.
DECIMAL PTE. LTD. reserves the right to change this document
unilaterally without any special notice. Amended terms and conditions
will be deemed effective immediately upon publication.
The document does not constitute an offer to buy securities in any
jurisdiction, an investment solicitation or investment advice.
The document is in Russian and English. In case of contradictions, the
English version of the document takes precedence.
DECIMAL PTE. LTD. shall not be held liable to users for any type of
losses incurred by them, regardless of the cause of the loss.
The legal status of cryptocurrency tokens, digital assets and blockchain
technology is uncertain. Changes in the legal regulation of digital assets
could adversely affect DEL tokens, ecosystem services and Decimal
software and lead to a ban on token distribution and the operation of our
services, as well as other negative consequences.
3
1. Philosophy of Decimal
To build a sturdy house you need a foundation, therefore to build a
reliable project you need a fundamental idea, a philosophy, which, like a
foundation, will maintain the integrity of the project and serve as a guide
in difficult moments. Our project is based on the motto: keep it simple,
and people will reach out to you!
The following will describe the concept of the new and better version of
Decimal — Decimal Smart Chain. Seeing as the market is rapidly
moving towards smartchains, multichains, we conceptually refined our
product: we added the option of using smart contracts, and compatibility
with EVM, IBC, and BSC. You can visually assess our growth by
comparing the scope of plans and goals of the first
4
(https://decimalchain.com/WPengV1.pdf)1 version of White Paper
Decimal with the new one. The first WP release was conservative and its
main goal was to lay a reliable foundation for further product
development. The goals of the first version were achieved. And now the
Decimal team is confidently aiming at new, large-scale heights that
seemed impossible 2 years ago. More comparative information can be
seen in the section — "Intermediate results".
2. Mission
1
as well as the Yellow Paper and the Economics Guide
2
S. Lem, "The Sum of Technology," chapter "Two Evolutions," section "A Few Naive Questions
5
form of tokens), in most projects, cannot go beyond these projects,
which limits the freedom of users.
In the example of the user, equality will ensure that there is no need for
initial product selection, as it will be possible to move an entity between
blockchains after implementation. This will provide an opportunity for
developers to benefit from the infrastructure and features of
interconnected networks. In this case, it would provide better usability of
some of its functionality, using the potential of other networks.
3. Decimal Values
1) Saving time
You have your own project. You have thought through its financial model
and business processes. You've described the interaction scenarios and
channels of value flow between all the participants. A few clicks on the
Decimal website and your project has its own coin.
6
3) Stability and reliability
DPoS (Delegated Proof-of-Stake) consensus allows rapid verification of
transactions by a set of specialized network participants, and validators.
Validators operate under a strict system of penalties and incentives.
4) Speed
Large number of transactions and no delays. Validator software and the
very fact of a limited set of validators ensure the verification and
validation of a massive number of transactions. As the Decimal network
grows, the number of validators grows with it.
5) Freedom of Conversion
Thanks to the collateral mechanism (CRR3), every coin in the Decimal
ecosystem can be exchanged for any other coin in the network at any
time. The asset will not stay in your wallet forever, despite you wanting to
exclude them from your portfolio.
3
Constant Reserve Ratio (CRR) — constant reserve ratio, a parameter regulating the provisioning of
custom coins with DEL coins.
7
Thus, Decimal is compatible with all blockchains within the Cosmos
network, which has more than 100 projects, 49 of which are already
communicating via IBC (Inter Blockchain Communication Protocol).
7) Variety
The Decimal team is working to continually expand the selection of
decentralized applications, both through its development resources and
through the involvement of third-party teams and the motivation of
enthusiasts.
8
8) The right to vote for the common user participant
9) Flexibility
Because each coin is backed up by the DEL coin, it becomes possible
to pay transaction fees on the network with any coin in the Decimal
ecosystem.
9
4. Goals
Our development team has set a goal to bring something new to the
common cause and to implement useful solutions into the network. And
first of all, we mean tokenization:
● easy and fast issuance of your own token/coin;
● guarantee to exchange token at any time for any other token/coin;
● an unambiguous rate formation mechanism for each coin.
The name Decimal itself reflects the strict deterministic processes within
the technology and the mathematical certainty. As we strive for high
accuracy to the smallest details and reliability of all computational
processes.
Studying the work and ideas of the best in our field, we have chosen to
embrace the ideology of union. Our Web 3.0 vision involves the union of
protocols and standards, and seamless use of the specifics and benefits
provided by different blockchains.
10
5. Overview of the technical
background
To understand why our team decided to develop a Decimal Smart Chain
based on the Cosmos SDK, we need to delve into theory.
First Generation
First-generation blockchains include Bitcoin, Litecoin, and ZCash. The
main task of this generation is to create decentralized money.
Functionality is limited to receiving and sending crypto assets.
Over time, the cryptocurrency community didn't get enough of this and
second-generation blockchains emerged.
11
Second Generation
Second-generation blockchains include Ethereum, Tezos, EOS and
others. The functionality has greatly expanded, there is software logic for
creating and managing their decentralized data. Many unique projects
with their own features have appeared.
12
The emergence of layers (L1, L2,...) is to expand the capabilities of
blockchain projects and optimize processes, developers add "Add-ons",
they are commonly referred to as layers.
Layer L1 is the source blockchain. The other layers interact with L1 with
varying frequency, but their operations are essentially off-chain
operations, i.e., performed outside the source blockchain. These layers
are external to the source layer. This solution provides significant
advantages by offloading the first layer, but also brings significant
disadvantages.
● architectural complexity;
● increased centralization;
● transaction delay;
● need to regularly compare balances with the main network;
● calculations outside the main/main layer (off-chain);
● focus on microtransactions and other problems.
13
Both Bitcoin and Etherium have a market capitalization of billions of
dollars, and the users of these services operate with huge amounts of
money every day. Therefore, there is no point in complicating the
process with unnecessary code and experimentation.
Third Generation
The third generation of blockchain aims to eliminate the problems of the
first and second generations and is currently at the forefront of our field.
14
Such projects include Cosmos, Polkadot and Avalanche, which have
rather unusual infrastructures. These platforms focus on horizontal
scaling with an asynchronous heterogeneous network model, where
subject-specific blockchains coexist within a common network model and
interact with each other when necessary.
The answer is simple enough, it’s freedom! An ordinary user can choose
which projects he likes, which project’s values align with their own, and
redirect his resources and finances in one direction or another without
trouble, which creates a consolidated flow of crypto-assets. Such
simplicity of interaction creates an open market. As the market of goods
and services declines, low-quality projects drop out, and a process of
"Natural Selection" takes place.
15
Here we come to what is Decimal. It is a third-generation blockchain
based on the Cosmos SDK.
Decimal, that built on the Cosmos SDK, with the implementation of the
Inter Blockchain Communication (IBC) protocol, will be integrated into
the Cosmos ecosystem6 and simultaneously combined with the EVM
(Ethereum Virtual Machine) module, which will provide access to the
6
https://mapofzones.com/ — Cosmos Ecosystem Zones.
16
Ethereum infrastructure and compatibility with all EVM-based projects
(including BSC).
17
pre-packaged with built-in finite state machines (such as a fancy key
store or fancy scripting language), developers can use Tendermint to
replicate a finite state machine BFT application written in any
programming language and their development environment fits.
But we went further and integrated EVM (Ethereum Virtual Machine) into
our blockchain. At the time of writing, only one project in the blockchain
market has such an implementation, which shows our determination to
be at the forefront of technology development.
What are the opportunities offered by the use of smart contracts? The
parties sign a smart contract using methods similar to the signing of
funds in current cryptocurrency networks. Once signed by the parties,
the contract is saved in a blockchain and takes effect. Automated
contract fulfilment necessarily requires an existence environment
(blockchain nodes) that can fully automate the execution of the terms of
the contract. This means that smart contracts can only exist within an
environment that has seamless executable code access to the smart
contract objects.
18
6. DEL Coin
DEL is the token of the Decimal blockchain. It means that DEL is a base
token at the core of the blockchain (in the node), it is a condition for the
execution of the program logic of the blockchain itself. To execute any
program logic (sending coins, creating a custom token, delegating, etc.)
it is required to have DEL7 to consume gas in transaction fees for
executing that logic.
7
In the form of a DEL balance on the wallet or DEL reserve for custom coins.
19
In other words, the DEL coin is an integral part of Decimal's blockchain
software, without which the logic of the blockchain would be broken.
Existence, spending in the blockchain, mining the coin are the motivation
and incentives for the user's actions within the blockchain.
But then why does a coin have a price? It's very simple, the price of a
coin is formed by the number of users for whom it is valuable. If there are
a lot of active users and few coins are in free circulation, the price of a
coin or token becomes high due to the demand. Conversely, if user
interest in the platform drops, there are fewer active transactions and the
price decreases.
DEL is the catalyst for all ecosystem processes. The following chapter is
enhanced "Functionality". There is observed in detail the variety of
functions of the Decimal platform, and everything is possible due to DEL.
20
7. Intermediate result
Decimal's main network has been up and running since August 1, 2020,
it’s been two years8. Who doesn't know their history has no future. And
we remember how it all began and are proud of the path we've taken.
1. Coin Creation;
2. Sending Coins;
3. Coin minting9/burning;
4. Delegation;
5. Creation and repayment of receipts;
6. Validator node management.
Broadening horizons:
January 2021
May 2021
8
As of August 2022
9
from "mint" — generation or issuance of coins in blockchain
21
June 2021
October 2021
Private NFTs are non-interchangeable tokens that are fully viewable only
by the current owner of the token.
Statistical data
The Decimal Observer pages provide up-to-date statistics on the main
metrics of network performance at the moment10.
Delegated coins
10
August 2022
22
Number of validators
46 validators (link).
Total emission
23
Number of blocks per day
24
Project capitalization
25
Conclusion
Over the course of time, the project has shown its reliability by surviving
several bear markets, and expanding its functionality at the same time.
Studying metrics, we can conclude that despite the situation on the
market, the number of unique addresses continues to grow. The number
of delegated coins is growing, which means that the number of users
and like-minded people who join our ranks is growing.
7. Functionality
We keep pace with the times, adhere to market trends and improve the
Decimal system in a timely manner. The functionality of Decimal can be
divided into basic and new conditionally. The new functionality is based
on the implementation of EVM (Ethereum Virtual Machine) into our
blockchain, which enables the use of smart contracts.
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7.1 Basic functionality
7.1.1 Creating custom coins
Every user can create his own crypto coin on our platform. It takes
three simple steps:
The user may want to increase the initially specified "Maximum Issue"
parameter. This is easily done with the "Coin Issue" section and in the
settings of the token to increase the issuance by adding DEL.
And if you decide that too many coins are in circulation, then each
participant has the opportunity to burn (destroy) the coins.
27
each instance of NFT is unique and cannot be replaced by another
similar token.
NFT and SFT demos, such as a cover or a demo excerpt, are available
to all Decimal users via Explorer. The token holder has access to the
full-size file through a convenient console interface.
NFT and SFT can be private. Private tokens have restrictions on viewing
— only the owners of the token have access to such files. Other users
can only view information about transactions related to the token through
Explorer. Owners of private tokens can also view/listen to files
associated with their tokens in the console.
The files downloaded when creating NFTs and SFTs are stored securely
on stable servers. If a user has a need to store data in their own storage,
they can do so through the API.
In the future, the team plans to organize data storage in a distributed file
system IPFS. This will further increase the decentralized approach to
NFT creation.
28
IPFS is a peer-to-peer distributed file system that connects all computing
devices with a single file system. In a sense, IPFS is similar to the World
Wide Web. IPFS can be thought of as a single BitTorrent-rooy,
exchanging files from a single Git repository. In other words, IPFS
provides a content-addressable block storage model. In simple words,
instead of downloading files from individual servers, IPFS queries peer
nodes on the network and they specify the path to a specific file, rather
than accessing a central server, reducing the load on the server. This
allows large amounts of data to be distributed with high efficiency, while
giving the user maximum security because only the NFT owner can
access the file.
In the Decimal console, the user can create, burn, receive, store, and
send DEL, custom tokens, and non-exchangeable tokens.
Validators generate blocks and get paid for that. A validator could be
delegated with more coins. So, the more coins are delegated the more
chances the validator has to create and put a block. Each member of
Decimal can be rewarded by delegating assets (DEL, coins, and even
NFT) to the validator, but the choice of validator should be made
responsibly since the validator shares not only rewards but also
distributes fines between users.
11
provided that the weight of that participant's vote is not greater than that required to make the
decision unilaterally.
29
7.1.6. Cross-Chain Transactions
The swap fee is paid by the sender. It is important to note that the fee is
imposed for two transactions — in the target and source blockchains. It
is absolutely free for the recipient. It is possible to receive a transfer
transaction even if the wallet is completely empty.
30
Fig. 18 — Cross-chain bridge connection architecture.
12
https://tutorials.cosmos.network/academy/4-ibc/what-is-ibc.html
13
https://github.com/cosmos/ibc/tree/main/spec/ics-001-ics-standard
14
It is an abstract behavioral model that can be in exactly one of a finite number of states at any given
time.
31
Fig. 19 — Architecture of interblockchain communications.
To approve a block, the number of votes for the block must be at least
2/3 of the total number of votes — this condition is denoted by 2/3+.
Otherwise, an alternative block will be proposed, and the next block, and
more, until the condition on the number of votes is met.
32
This is where the Voice Power plays a big part.
Each validator has a stake, which, on the one hand, he risks in case of
his incorrect behaviour, on the other hand, in proportion to which the
reward for creating the block is distributed.
The larger the validator's stake, the more weight the validator will have in
relation to other validators, the more likely he is to become and be
appointed as a block producer and the more of the reward he will take
for himself.
In turn, the validator's stake consists of his own money and the number
of coins delegated to the validator. The better the validator performs his
duties, the fewer fines he receives, the greedier the commission, the
more people trust him with their coins, and the greater his Power of
Voice.
33
7.2 Decimal Smart Chain
7.2.1 DEX
The availability of smart contracts opens the door to the big world of
decentralized finance (DeFi). One of the typical and popular modern
dApp is the decentralized exchange (DEX)15.
15
https://uniswap.org/, https://pancakeswap.finance/ and others.
34
On such an exchange, it will be possible to exchange coins/tokens of the
Decimal ecosystem, as well as to participate in liquidity pools. This would
include decentralized and algorithmic stackcoins that exist in the Decimal
blockchain, as well as other coins and tokens created on other
blockchains.
7.2.2 DAO
The point of the DAO is for the Decimal user community to own the
entire issue of DEL coins mined and held by early investors, and to
participate in project management and process organization.
Namely:
7.2.3 Stablecoin
16
More details about DAO will soon be outlined in a separate document.
17
As of August 2022, the company has submitted documents to MAS and is awaiting confirmation.
35
Because of the Standard Payment Institution Licence, the company can
provide the following services:
36
This is where algorithms and classical mathematics came to the
community's aid, leading to the emergence of algorithmic stablecoins.
Even though the Decimal team is in favour of the "one Bitcoin = one
Bitcoin" theory, we do not deny the fact that we live in a world where
there is an equivalent price to the national currencies of the country in
which we live. And in our system, we need some semblance of stability
in order to have some kind of foundation from which or to which we can
make calculations.
- If the value rises, it is profitable for the user to issue new coins and sell
them on the market.
- If the value falls, it is profitable to burn the tokens, repaying the loan at
a cheaper price.
Growth of collateral:
Stage 2. The price growth has exceeded the upper limits, the
mechanism of minting (issue) of stablecoins is launched, users are
invited to take the excess tokens.
37
Stage 2. Start of liquidation. Those collaterals, the amount of which is
critically low, are liquidated. They are put up for auction, but the user can
save his collateral by replenishing the collateral.
Stage 3. The tokens received for selling the pledge are burned, thereby
stabilizing the price.
7.2.4 Launchpad
Crypto Launchpads are platforms that help investors find new crypto
projects and help crypto projects find investors (crowdfunding). They are
also places where developers and creators can showcase their products
and get quick access to the market.
Benefits:
38
7.2.5. Integration with Ledger
18
https://www.ledger.com/
39
7.2.7. Dynamic transaction fee
https://etherscan.io/chart/gasprice
The cost of ETH itself to pay fees is also very volatile and high at times
of high network load. This causes great discomfort to users of various
Ethereum decentralized applications due to large, and sometimes even
huge, transaction fees or long transaction confirmations on the network.
Decimal offers to buy out/eliminate the risks associated with the cost of
transactions on the network.
40
Fig. 22 - Graph of ETH exchange rate to USD.
https://coinmarketcap.com/currencies/ethereum/
We will fix transaction fees relative to the U.S. dollar exchange rate ~
$0.04 (the cost of DEL native coin sending transaction). If your
transaction costs 4 cents today, it will cost the same tomorrow, and the
day after tomorrow too19.
19
with the DEL transaction fee will change in proportion to the current DEL to USD exchange
rate.
41
Calculated examples of commission costs are shown in the table below.
ERC20
contract depletion 1178246 1178246000000 2.24
42
7.2.8 Dynamic Coin Creation Commission
The cost of the transaction, in dollar terms, remains the same, but the
price in DEL may change depending on the exchange rate of the coin.
When the exchange rate is high, the price is lower, and when the
exchange rate is low, the price is higher.
43
NFT/SFT can be sent to Ethereum and Binance Smart Chain
blockchains using the cross-chain transaction feature.
Any user can directly influence the value of their custom coin, and even
the price of DEL, using the coin burning function. How does this happen?
There is a functionality of sending a special Burn coin transaction in the
Decimal Console, specifying the exact coin and amount. In the case of a
custom coin, the coin itself is burned, and the reserve in DEL does not
change, thereby a smaller number of coins relates to the same reserve,
and their value increases. A user can burn only those tokens that he has
on his wallet. When burning DEL, the mechanism is simpler, the user
simply burns DEL.
An additional option for delegation will be the ability to move a steak from
one validator to another within 7 days.
44
8. User scenarios
This is a token of the BitTeam company. The company gives out this
token as a reward to attract users. The token is accepted back as a
loyalty point or similar for certain actions/features. The initial issue is
given away and accepted tokens are burned.
The idea is that the user is motivated to hold the coins as long as
possible and after some time can safely use them when receiving
services on the site. It is also envisaged that users can independently
emit and burn coins within the maximum issuance in the blockchain itself
by investing or withdrawing from the DEL reserve by changing the token
price to DEL, which introduces gamification into token circulation and
creates an advertising effect for the site and the project.
- Bounty Program;
- Referral program;
45
Example of token withdrawal from circulation:
CRR 80%
If the company did not get that 20% in token, then it must redeem the
token from the market for the missing amount within 1 week, but no later
than the burn date.
The maximum issue will be reduced by the number of burned coins with
each burning.
The number of tokens held by the company and not included in the
number of tokens burned can be re-distributed as part of the actions
described above.
46
development of this idea will be the implementation of uniqueness for the
individual in the network and the construction of a decentralized society.
Vitalik Buterin in his article20 outlined the concept and example of the
implementation of special Soulbound tokens (SBT), which will bring the
uniqueness and uniqueness of each individual to the network.
● Decimal ID
Decimal ID will give you full control over your personal data. Share your
data as much as is acceptable to you.
● Stablecoin Decimal
● Algorithmic Stablecoin Decimal
20
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4105763
47
Descriptions are provided here and here.
The further mechanism is similar to the usual work with custom coins via
CRR, for which the actual equivalent in DEL is calculated, the price of
delegation is determined and the rewards are calculated.
8.4 Cross-platform
This is all sorts of interactions with other blockchains, heterogeneous or
not, within one or more ecosystems. This includes bridges,
cross-blockchain protocols, cross-chain transfers, and atomic swaps. In
simple words, the ability to transfer tokens is made both inside and
outside of a single blockchain.
48
● Keplr Wallet
● Osmosis DEX
In conjunction with Decimal via IBC, the Osmosis protocol allows for
cross-network swaps and liquidity pools with tokens from any blockchain
connected to the Cosmos ecosystem.
8.5. DeFi
It’s a wide range of decentralized applications for the financial sector,
such as decentralized exchanges (DEX), exchange platforms, loans and
instant loans (flash loans), liquidity pools and so on.
● DEX
49
● Launchpad
For more on the Decimal team's plans, see the Launchpad section.
● Crypto loans
Allow you to unlock the value of digital assets by using them as collateral
for a loan. A very wide audience gets access to credit. Such loans can
be disbursed very quickly.
The details and economics of this case are being worked out by the
Decimal team.
Custom scenarios are not limited to the list above. On the basis of
Decimal, an unlimited range of such scenarios is possible. We offer you,
those who are closest to their audience and understand their needs and
format of communication, to provide the specifics. And the Decimal team
is always ready to support initiatives, including in terms of refining or
customizing the functionality of our blockchain.
50
9. Mathematics
Every custom coin in the Decimal ecosystem is backed with DEL coin.
The CRR parameter allows you to determine the value of a custom coin
in relation to any other coin in the Decimal network and directly to DEL,
to guarantee the possibility to exchange with any other coin and to adjust
the price variability (volatility) of the coin. For different business models
of user projects, it is possible to provide a different measure of
riskiness/profitability of coins in terms of their value.
CRR (Constant Reserve Ratio) is the security percentage of your coin.
For an initial issuance of 100 coins worth 1 DEL each, 30 DEL is
required to set the CRR=30%. It directly affects the coin's price and its
growth rate.
In Decimal, due to the pledged financial collateral, which guarantees the
reliability of the issuer, the coin can be traded immediately after it is
created. Collateral is deposited when the asset (coin) is created and, in
proportion to the CRR, rises when you buy it and falls when you sell it.
This mechanism helps you calculate the current price of an asset using a
mathematical formula rather than the stock market. It helps you make
more informed decisions.
Let's say we release Happy Coin, to reward bypassers for smiles, in the
amount of 1,000,000 coins. We give it a liquidity of 20% of the issue by
putting 200,000 DEL into the blockchain when we create the token. In
this case CRR = 20%. And the value of 1 HPC = 1 DEL.
51
Now sell 1,000 HPCs:
Sales Amount = Reserve * (1 — (1 — Want to Sell / Issue) ^ (100/ CRR))
= 201002 * (1 — (1 — 1000 / 1001000) ^ (100/20)) = 1,002 DEL.
That is, for the sale of 1,000 HPCs we gained 1,002 DEL. The
reserve has decreased and is again equal to 200,000 DEL. The
issue also decreased to 1,000,000 HPC. Again calculate the value of
1 HPC
Price = Reserve * (1-(1-1/ Issue)^ (100 / CRR)) = 200,000 *
(1-(1-1/1,000,000)^(100/20)) = 1 DEL.
The price of 1 coin again became equal to 1 DEL.
The transaction fee on the Decimalchain is the sum of a fixed rate of the
transaction type and the cost per unit of transaction volume in bytes.
For example21
21
for more information, see https://help.decimalchain.com/decimal-txs-fees/
52
send — 10 units — 0.01 DEL
The cost of 1 byte of the total transaction volume: 2 units (0.002 DEL)
More information about the math and principles of the project can be
found in the Decimal Yellow Paper and the Decimal Economy Guide.
53
10. Roadmap
Q3 2022
1. Smart contracts — placement of smart contracts in the blockchain,
verification of smart contracts, interaction through transactions,
display in the Observer;
2. Moving your delegated coins from one validator to another
validator;
3. Wallet branding (a public signature of the owner of the
wallet/contract address in the blockchain);
4. Ability to put custom tokens in the NFT reserve
5. Dynamic commission for transactions and coin creation.
Q4 2022
1. Integration into the Metamask browser extension;
2. Integration with Ledger — storage, sending transactions and DEL
delegation on Ledger devices
3. The function of creating tokens (collateral-free ERC standards) in
the Decimal Console, including the ability to change the issue after
creation;
4. Cosmos IBC — integration of Decimal into the Cosmos network via
the IBC protocol.
Q1 2023
1. NFT bridge from Decimal to the Cosmos network and back via the
IBC protocol;
2. Coin transfer from Decimal to the Cosmos network and back via
the IBC protocol;
3. Transfer tokens from Decimal to the Cosmos network and back via
the IBC protocol;
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4. DEX is a decentralized exchange similar to Uniswap and
Pancakeswap;
5. Launchpad is a platform for promoting and seeking funding for
various crypto projects. Developers and creators can demonstrate
their products and get quick access to the market with placement
on Decimal, a decentralized exchange.
Q2 2023
Q3 2023
1. Running a sidechain for NFT with IPFS implementation.
Q4 2023
1. Browser Extension Wallet Decimal is a decentralized application
for storing coins, Decimal tokens, secure and convenient
interaction with the blockchain and Decimal services.
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11. Additional information
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12. Glossary
A validator is a Decimal user involved in consensus reaching.
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Confirmation is the process of approving a transaction and writing it to
the blockchain.
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13. Contact information
Official homepage:
https://decimalchain.com/
Email:
[email protected]/
Company:
Address:
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