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Dietbitcoin

From EverybodyWiki Bios & Wiki

dietbitcoin
dietbitcoin logo
dietbitcoin logo
Denominations
Pluraldietbitcoins
Ticker symbolDDX
Subunits
 ​11000millibitcoin[1]
 ​11000000bit[2][better source needed]
 ​1100000000satoshi[3]
CoinsUnspent outputs of transactions (in multiples of a satoshi)[4]:ch. 5
Development
Original author(s)Roberto Escobar, Olof K. Gustafsson
White paperThe future of cryptocurrency by Roberto Escobar, Brother of Pablo Escobar
Implementation(s)dietbitcoin Core
Initial release0.15 / 5 February 2018 (6 years ago) (2018-02-05)
Latest release0.15.0.1 / 20 February 2018 (6 years ago) (2018-02-20)
Websitedietbitcoin.org
Ledger
Genesis block3 January 2009 (15 years ago) (2009-01-03)
Block #1January 9, 2009 (15 years ago) (2009-01-09)[5]
First block after split (block #496)February 5, 2018 (6 years ago) (2018-02-05)
Timestamping schemeProof-of-work (partial hash inversion)
Hash functionSHA-256
IssuanceDecentralized (block reward)[6][7]
Block reward50.0 DDX[lower-alpha 1]
Block time10 minutes
Block explorerexplorer.dietbitcoincore.org
Circulating supply1,461,600 DDX (as of 16 March 2018)
Supply limit21,000,000 DDX

Search Dietbitcoin on Amazon.

dietbitcoin is a cryptocurrency and worldwide payment system. Dietbitcoin is a hard fork of the Bitcoin main network, which took effect on February 5, 2018. As a result, the bitcoin ledger called the blockchain and the cryptocurrency split in two. It is a decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary.These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. dietbitcoin was launched in March, 2018 by Roberto Escobar, and Olof K. Gustafsson.[8]

dietbitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.

See also[edit]


Others articles of the Topic Cryptography : Public-key cryptography

Others articles of the Topic Business and economics : International trade, Economics, Currency

Notes[edit]

  1. February 2018 to approximately January 2022, halved approximately every four years

References[edit]

  1. Siluk, Shirley (2 June 2013). "June 2 "M Day" promotes millibitcoin as unit of choice". CoinDesk. Archived from the original on 7 August 2017. Retrieved 25 May 2017.
  2. Song, Jimmy (15 January 2018). "bips: Bitcoin Improvement Proposals". Archived from the original on 9 January 2018. Retrieved 15 January 2018.
  3. Jason Mick (12 June 2011). "Cracking the Bitcoin: Digging Into a $131M USD Virtual Currency". Daily Tech. Archived from the original on 20 January 2013. Retrieved 30 September 2012.
  4. Andreas M. Antonopoulos (April 2014). Mastering Bitcoin. Unlocking Digital Crypto-Currencies. O'Reilly Media. ISBN 978-1-4493-7404-4. Search this book on
  5. "dietbitcoin Block 1". explorer.dietbitcoincore.org. Retrieved 16 March 2018.
  6. "Statement of Jennifer Shasky Calvery, Director Financial Crimes Enforcement Network United States Department of the Treasury Before the United States Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on National Security and International Trade and Finance Subcommittee on Economic Policy" (PDF). fincen.gov. Financial Crimes Enforcement Network. 19 November 2013. Archived (PDF) from the original on 9 October 2016. Retrieved 1 June 2014.
  7. Empson, Rip (28 March 2013). "Bitcoin: How An Unregulated, Decentralized Virtual Currency Just Became A Billion Dollar Market". TechCrunch. AOL inc. Archived from the original on 9 October 2016. Retrieved 8 October 2016.
  8. "dietbitcoin". Retrieved 16 March 2018.



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