Tag dentacoin supply

Dear Community,   Today (May 13th, 2020) we bought back 6,008,357,290 DCN tokens on HitBTC*.   The main prerequisites were the following: 1) The short-notice delisting from Folgory exchange (more about the delisting here and here) did not allow the withdrawal of all DCN held on the platform. Therefore, we have no proof of what has happened to this remaining amount. 2) As HitBTC was also the platform used by the Cryptopia hacker to sell the main share of their stol...

Dear Community,    We have always been eager to keep you up to date with everything happening at Dentacoin.     Now - on top of our daily, weekly, and monthly updates - we are launching a Q&A session with Founders and Team. Since April 26 we have been collecting anonymous questions and now it’s time to answer them!     Before we start, let us take a moment to thank you for the great support along the way!    “You are doing great with the de...

In the world of cryptocurrencies, supply and supply units have always been topics of scrutiny when it comes to analyzing the potential for a positive price action of a given project. But are these values really a good determinant of the make or break status? Let’s find out:   Defining Supply Units Even though the term sounds vague and unfamiliar, we all encounter currency supply units every time we touch the stuff. Most, if not all, currencies nowadays use the same system - the main ...

Dear Community, Earlier this year we made a step not previously planned: In our quest to gradually minimize the negative effects caused by the Cryptopia hack, we burned 13,679,941,935 DCN. Part thereof was bought back from HitBTC – the platform that was, unfortunately, used by the Cryptopia hacker to sell the main share of his stolen Dentacoin tokens and thus to artificially decrease the market price.   Today (December 31, 2019) to further support the above-mentioned, as well...

How Utility Drives Value Through Demand    With the rise of deflationary currencies, as blockchain and cryptocurrency took the world by storm, a common question that is on the mind of many  is: What is the right amount of currency supply? As one of the key aspects of a deflationary currency is its scarcity, it is naturally important to find the right balance between having an asset scarce enough to multiply its value, while at the same time having enough units for its universal adopti...