Drep [new] (DREP)

€ 0,0040439300

-0,40 % € -0,00010

Drep [new] Price in Euros

(DREP to EUR)

€ 0,0040439300

Drep [new] Volume

(24h)

€ 2.26 K

Market Cap

(Drep [new])

€404.39 K
BTC

What is Drep [new]

DREP is a project focused on building tools and connections for blockchain applications. They aim to make it easy for developers to create decentralized applications (DApps) that work across different blockchains. They provide essential components like DREP Chain for handling transactions, DREP ID for user identification, and DREP SDK for developers to easily build and deploy DApps.

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How does Drep [new] work?

One of their key concepts is the Smart Pipeline technology, designed to enhance data processing efficiency similar to layer2 solutions but without the need for transaction fees. DREP simplifies complex blockchain technologies into user-friendly tools like APIs and Plug-ins, making it more accessible for businesses and developers to utilize blockchain capabilities.

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How to buy Drep [new]?

Do you want to buy Drep (DREP)? You can do this at Coinmerce. Select the amount you want to buy, pay fast and easily with SEPA and receive your tokens shortly.

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How to buy Drep [new]?

You want to buy Drep (DREP)? You can buy Drep using bank transfer at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Drep, use the search function to search for Drep and click on the name. You can indicate for what amount of euros you want to buy Drep in the right window. Below is shown how much Drep you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Drep when the price of Drep reaches your entered value. You can also execute a repeating order. Do you want to buy Drep with another crypto currency? Then you go to the cryptocurrency you’d like to pay with and click on "Swap" in the right window to indicate that you wDREP to receive Drep.

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About Drep [new]

Drep stands for Decentralized Reputation System and was launched in 2022 with a vision of revolutionizing the blockchain industry. It’s a high performance public chain with a dual-layer structure consisting of a root chain and customizable sub-chains. Drep aims to allow commercialisation of Blockchain with high concurrency and to deliver a personalized and seamless user experience for both businesses and consumers along with flexible development. The DREP team hopes to solve three issues: poor performance and development experience of public chains, segregated public chain ecosystem and poor user adoption rate and a mismatch between blockchain technology being developed and enterprises’ needs. They implemented several technical solutions to improve on all of these issues. For example, DREP uses a fancy Schnorr Multi-Signature Algorithm to make its network work better and reduce how much information needs to be sent around. DREP Chain also uses DBFT, which combines elements from both DPOS and PBFT consensus mechanisms. Within the DBFT consensus mechanism, the smooth functioning of the blockchain relies on trustees, each of whom holds equal importance. They participate in the governance and maintenance of DREP Chain, for which they receive block rewards and transaction fees for performing their duties. DREP is the native utility token of the DREP ecosystem, and it is used for various purposes within the network, including rewards. As a token holder, you can participate in staking and earn additional rewards.

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Founder Xiaolong Xu
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Founder Momo Chang
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Founder
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Founder
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Founded 2022
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Industry Blockchain
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Website Website
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Network Ethereum
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Location
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Rank 2270
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Market Cap 404.39 K
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Trading volume 2.26 K
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Maximum coins 0
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Circulating 100 M
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