Cryptocurrencies have brought up a new genre of freedom to the funds being spent and raised. Fiercely decentralized and secure networks of nodes called blockchains have witnessed mushrooming growth.
While the traditional money is taking a back seat in quite some stream, the adoption of cryptocurrencies is also facing some challenges making the world rethink whether they are a replacement of hard cash we use today.
DICE brings around an innovative cryptocurrency based non-blockchain solution to the world. To run the cryptocurrencies, ICO is being launched as a fundraising vehicle. But time is the witness that reaching the level of ICO itself is a heavy cost project.
What gaps does DICE fix?
DICE – Digital Certificate is developed to be a crypto asset that does not require a network like a blockchain to build an economy.
No need of a digital Wallet
We have seen wars of Digital wallets in 2017. DICE is independent of any wallet storage or exchange network. It has its store of value but cannot be stolen or hacked as until it has an ownership it is of no value to anyone. The entire economy is so secure that even if you choose to store your DICE in a USB, email or as printed notes, it poses no threat.
DICE cryptocurrency can be used as traditional money. An encrypted DICE unit is printed on a paper and can be spent just like traditional money. When they are printed, the operator needs to give up the ownership and they can be transacted only when they are owned again by an operator.
Alternate to ICO
Traditional ICOs have created a bottleneck for cryptocurrencies to evolve. DICE offers the fundraisers to become operators on the network. Each miner associated with the DICE economy needs to be working with one or multiple operators so that they can validate the DICE. Each new DICE that is mined, adds to the capital value of the operator.
DICE is no single ledger and needs the operator and miner to work together before a DICE is validated. While the miner does the digital verification, the operator acts as a witness to the transaction verification and offers the coin to the user. As a one of its kind decentralization, DICE is a perfectly secure network of clustered miners and operators.
No scalability restriction
With its parallelism of clustered miners, the throughput of DICE economy will exceed the traditional banking channels soon, making it a perfect replacement without any bottlenecks.
Have you often thought why blockchain charges you fees for the transaction and why do banks charge you for sending your own money? Well, the banks and blockchain admins completely explain it by saying it’s the network usage fee. With DICE, the story is different, it is a zero fee economy and that gives it a big lead over the traditional cryptocurrencies.
In a nutshell, DICE works like a traditional currency that does not require a digital wallet and offers a cutting-edge platform to anyone to become socially significant.
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