Diamond DMD to Envion EVN Exchange

Crypto Pair Details: DMD to EVN

Diamond DMD

What is DMD Diamond? DMD Diamond is a digital currency that that allows people to send money anywhere in the world instantly, securely and at near zero cost. It focuses on creating a multi entry, high rewards monetary system that empowers people to achieve financial freedom through blockchain based technology. DMD Diamond's conceptual goal is to become an ultra-scarce non-government controlled storage of wealth with software facilities that can increase that wealth over time. Emission Model DMD Diamond Coin rollout is one of the cornerstones of this monetary system. The emission model stays the same as in DMD Diamond 2.0, however, the introduced changes make the emission of new coins smoother and avoid sudden large reductions in yearly interest. In the past DMD Diamond relied on both Proof-of-Stake and Proof-of-Work algorithms to govern the network. DMD Diamond 3.0 will be run by state of the art Proof-of-Stake only, while Proof-of-Work is going to be removed completely. Diamond Masternodes A DMD Diamond network consists of full nodes running as servers facilitating connectivity and transmission of updates. Masternodes is a time tested concept which was originally created to prevent decrease in number of full nodes and incentivize people to keep the network running, decentralised and expanding. Over the years as the technology matured Masternodes became ever more useful and could perform additional network services that go above what a vanilla full node could do.

Envion EVN

Envion has created the technology for the first truly mobile mining unit (MMU) that uses low-priced local energy to mine a broad spectrum of cryptocurrencies. By harvesting locally available clean energy right at the source, Envion can operate at a lower cost than competitors and at the same time reduce the CO2 footprint of the blockchain industry. Envion aims at decentralizing the highly-concentrated mining market and at bringing back control of the market to the users. Hence, profits generated by MMUs are 100% beneficial to token holders. Distribution of profit dividends will occur on a weekly basis: 75% of profits will be emitted, while 25% will be used to reinvest directly in MMUs, in order to guarantee exponentially growing profits to the envion community.

SOURCE: COINGECKO

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