DragonChain (or DRGN for short) is a hybrid blockchain platform (community) for small enterprises and businesses. It was created inside The Walt Disney company in 2014 by Joe Roets. Dragonchain is implemented in Python 3. At first, the system was focused on solving business problems, but later it became a blockchain community. Additionally, it was re-released as open-source software in 2016. DragonChain provides various companies with serverless ecosystems. They help enterprises start using blockchain applications in a secure, user-friendly, and private way. DragonChain app is now using its Interchain that connects to Binance Chain, Ethereum, Ethreum Classic, and, of course, Bitcoin. Dragonchain community is now to deliver and maintain services, like tracking outages and protecting them against scammers.
Dragonchain is capable of ‘checkpointing’ data with possible sub-consensus. It’s worth mentioning that developers are able to write their own smart contracts in any programming language. These languages include Go, Java, JavaScript, Shell, Hy, Python (make sure you have python installed and run python 3.8), Rails, and a lot more. In addition, you can install OS dependencies for building various python package dependencies. The DragonСhain price page is part of the Crypto.com Price Index that renders price history, price ticker, market cap. Etc.
In January 2020, DragonChain showed over 250 mln transactions (over 1500 transactions per second). Also, it’s worth saying that the Dragonchain platform developed some solutions on the basis of the open-source platform, involving Den, Lyceum, Provably Fair Contest System. Every transaction on Dragonchain is secured with the combined power.
Additionally, you need to read as many articles on this subject as possible to use these app services correctly.
Is there any mining involved?
The answer is no—the enterprise functions as a notary service and decentralized validation. One of the patents that the DragonChain platform was granted refers to loyalty and rewards on the blockchain. While the community is trying to expand its apps on a private Level 1, DragonChain and chosen companions use their Level 2 Validation, Level 3 Diversity, and Level 4 Notary nodes. Level 5 nodes are the checkpoints that are considered to be public to external digital ledgers such as Ethereum, Binance Chain, and Bitcoin. These Level 5 nodes may be managed by DragonChain or another blockchain itself.
For people using DragonChain and running nodes, the amount of time every node owner applies to a specific level determines their profits. Time is a loyalty score on top of the DRGN token. For each DragonChain held in a non-exchange wallet, they receive a 1 TIME loyalty score per day automatically. The more time the owner applies to an L2, L3, or L4 node, the higher the profit they get when their node is selected through the matchmaking process. Enterprise representatives who secure Dragon Net’s 5 levels of trust can join pooled nodes or run their own unmanaged nodes.
DRGN — the best option to create and code any blockchain app
This blockchain platform is able to help you take your concept proofs from the testing stage to successful production and fulfillment:
- The Dragonchain platform simplifies the integration of real business applications.
- Every blockchain is privately-owned but has the pliability each user needs for their business aims, requirements, and custom solutions.
- Every transaction is immediately usable on a trust basis.
- The hybrid blockchain gives any person an opportunity to take advantage of the best features from both public and private blockchains, not doing any harm to security. This allows a scalable way to validate transactions performed through a decentralized consensus mechanism.
- To become a professional user of the blockchain platform, you need to be able to carry out blockchain expertise. Sometimes you can see the sayings “No blockchain expertise required!” but to make sure that everything is alright, you’d better expertise a blockchain before using the app.
FAQs
Can I buy DragonChain?
Every person can purchase or sell DRGN on various exchanges. To find the right one, you need to compare exchanges by backed digital currencies. You can also buy it with a credit or debit card. It takes a few easy steps to buy Dragonchain with a credit card. Go and purchase DRGN now! Get immediate confirmation, minimal registration, and KYC (know your customer) verification! But you are to remember that a DragonChain price is constantly changing. Get infinite scroll, chat, and more with our app.
What is DragonChain?
As it was mentioned above, DragonChain is a hybrid blockchain platform for small enterprises and businesses. It was created inside The Walt Disney company in 2014 by Joe Roets. It provides various companies with serverless ecosystems. They help enterprises start using any blockchain app in a secure, user-friendly, and private way. Dragonchain community is now to deliver and maintain services, like tracking outages and protecting them against scammers. DragonChain app also provides features such as easy integration, protection of business data, etc. It has a circulating supply of 370,326,846 DRGN coins. By using its services, you agree to use the cookies.
Will DragonChain go up?
Nowadays, DragonChaon has operational interception with BTC, ETH, BNB, etc. Circulating supply 433.20 million DRGN. Total Supply 433,494,437 DRGN; Max Supply 433,494,437 DRGN. The company’s aim is to increase the number of interchain projects. The interest in the project is growing. By the end of 2021, the price could reach $ 1 for one DRGN. If the coin is listed on several more exchanges, then this forecast is more likely to be correct. However, there is a 20% chance that growth will slow down. In this case, by the end of 2021, a DragonChain price could be only about 40 cents.
How much does DragonChain cost?
Now DRGN costs $ 0.2111 (price to USD), and its market cap makes $ 91.44 million, price Change 24h $0.01113But as it was mentioned before, a DragonChain price is not stable, and it is always changing. Coin market cap ranks #426, with a live market cap of $97,143,863 USD. Circulating supply 433.20 million DRGN. Supply chain management utilizes a huge range of tools with the goal of coordinating all parts of the supply chain. So, it doesn’t matter how much it costs now because tomorrow its price can be higher or even lower.
