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What is Dragonchain (DRGN) coin and how does it work?

by Financial Economy

Dragonchain is a commercial-grade blockchain designed for the rapid development and deployment of enterprise blockchain-based applications. The Dragonchain blockchain was created and implemented by the Dragonchain Foundation, a US-based organization. Information about some topics that what is Dragonchain (DRGN) coin, how does it work, how to buy it, on which exchange, how much is it, etc. is in continuation of the article. You can browse here for information about Reddcoin (RDD).

What is Dragonchain (DRGN) coin and how does it work?

Dragonchain aims to optimize speed in development and deployment by providing a unique context-based consensus mechanism that allows users to choose the level of verification they need for a transaction.

Dragonchain’s consensus mechanism technology was developed at Disney as the Disney Custom Blockchain Platform before being released as open source software. The DRGN coin is an ERC-20 token that the platform uses to facilitate interaction on it.

When was Dragonchain token released?

DragonChain is a blockchain-based company and ecosystem originally developed by Disney in 2014. The project started as the “Disney Private Blockchain Platform” and was later released as open source software in 2016.

What does Dragonchain coin do?

Generally speaking, DragonChain’s goal is to help companies quickly and easily incorporate blockchain into their business applications. Many companies may want to make this transition because of the benefits of serving customers over a blockchain.

More specifically, DragonChain provides the serverless ecosystem that allows companies to start using blockchain applications in an easy, private and secure way.

Which exchange is DRGN coin on?

DragonChain coin is listed on some cryptocurrency exchanges such as FTX, KuCoin, Gate.io, Bancor Network, Beaxy, etc.

How to buy DRGN coins?

DragonChain coin can be purchased from listed cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

DRGN coin supply!

Total and maximum supply of DragonChain coin is 433.494.437 DRGN.

DRGN coin price!

As of June 17, 2022, at the time of the writing, 1 DragonChain coin price is around $0,0142 (because of the volatility the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

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