DINNGO – OVERVIEW
Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust-based model. Completely non-reversible transactions are not really possible since financial institutions cannot avoid mediating disputes.
The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions, and there is a broader cost in the loss of ability to make non-reversible payments for nonreversible services. With the possibility of reversal, the need for trust spreads. Merchants must be wary of their customers, hassling them for more information than they would otherwise need.
A certain percentage of fraud is accepted as unavoidable. These costs and payment uncertainties can be avoided in person by using physical currency, but no mechanism exists to make payments over a communications channel without a trusted party. Contracts, transactions, and the records of them are among the defining structures in our economic, legal, and political systems. They protect assets and set organizational boundaries. They establish and verify identities and chronicle events. They govern interactions among nations, organizations, communities, and individuals. They guide managerial and social action. And yet these critical tools and the bureaucracies formed to manage them have not kept up with the economy’s digital transformation. They’re like a rush-hour gridlock trapping a Formula 1 race car. In a digital world, the way we regulate and maintain administrative control has to change.
Blockchain promises to solve this problem. The technology at the heart of bitcoin and other virtual currencies, blockchain is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. The ledger itself can also be programmed to trigger transactions automatically.
ABOUT THESE PROJECT
DINNGO implements an in-depth integration with our cold wallet service which not only secures digital currencies but also strengthens the capableness of the exchange. Dinngo revolutionizes the way digital currencies trade. The wallet is seamlessly integrated with the exchange, which provides a safe and convenient service for trading assets that the market needs. In accordance with the needs of the market, DINNGO forms an exchange for digital currencies that focuses on providing customers with the safest, fastest and most convenient service for asset trading.
The main advantages of DINNGO.
Developers have tried hard to design their platform, providing its customers with the latest system of cryptocurrency exchange and a range of innovative tools. Customers will be able to trade cryptocurrency comfortably and safely.
DINNGO is a hybrid cryptocurrency exchange that offers completely new solutions for decentralization and trust management of digital assets by account holders.The DINNGO exchange is based on blockchain security protocols with a decentralized registry. The system is impossible to hack, because all transaction data is stored on a variety of different servers. This gives a huge advantage over centralized banking services, which have increased risks. It is worth noting that it is also impossible to hack a separate block, because each gateway has a unique encryption. This will ensure maximum security against hackers attacks.
Developers also provide customers with a choice of storage locations for digital assets, such as an online wallet, a mobile application or a cold wallet. Users know that a cold wallet is a safer way to store cryptocurrency, but in this case there is a risk that the offline wallet may be lost. To solve this problem, the DINNGO developers have created a unique tool that acts as a link between the cold wallet and the online wallet.
Definitely, this functionality will help to effectively reduce all possible risks of loss of access to your funds.
Cold wallet integration
Many users of the cryptocurrency market know that a cold wallet is one of the most reliable and secure ways to store digital assets. People use these devices because it is very convenient and allows you to connect them at the time of the transaction, and also cold wallets work offline. This fact gives users a guarantee of maximum security and protection against possible hacker attacks.
It is necessary to be very careful when working with cold wallets, because the whole process of connecting the device to the system requires consistency in its actions, and the option of connecting a cold wallet requires only a personal computer. It’s not always convenient. The DINNGO developers solve all relevant questions associated with the connection of the cold wallet to cryptocurrency exchange. They offer the option of full integration of the cold wallet to the DINNGO ecosystem not only from a personal computer, but also from a smartphone.
DINNGO provides its customers with the protection of their cryptocurrency funds using smart contracts and blockchain technology, as well as centralized trading methods.
To start a full-fledged trade on DINNGO, using a phone or a personal computer, the user will need to pass the procedure of two-phase identification using a phone and a cold wallet. All transaction confirmations are made via the mobile app.
Token Sale & Funds Allocation
DGO is the main token in the DINGO ecosystem. There are great advantages for token holders on the platform, for example, users receive a 50% discount on all transactions on the exchange. The main Commission for the creation of the transaction is 0.1% and 0.2% for the buyer. Users have the opportunity to reduce the commission by increasing the number of transactions within 30 days. The more transactions you have, the lower the commission.
- Total Supply – 200 million DGO (fixed amount).
- Standart – ERC20
- Softcap – 4,000 ETH
- Hardcap – 40,000ETH
- 1 ETH = 2125 DGO
✅ Deposit: ETH ( minimum 0.1 ETH/no limit )
✅ Rating – ICOBench
Meet The Amazing Team
For more information visit:
Official website: https://dinngo.co/
Telegram channel: https://t.me/DINNGO
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2160355
Eth Address: 0xF069a32B27Ca2C446B92A8c28A6b2955E8b335c0