Market Cap
$16,853,945.0
Fully Diluted Valuation
$19,705,044.0
24 Hour Trading Vol
$2,257.9
Circulating Supply
370,772,651.4
Total Supply
433,494,437.0
Max Supply
433,494,437.0
Dragonchain Price
$0.045
24h Range
$0.044 - $0.046
Percent Change 1h
-0.1%
Percent Change 24h
-0.66%
Percent Change 7d
-10.26%
All-time high
$5.46
All-time low
$0.005151
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Dragonchain is a hybrid blockchain platform originally developed by Disney in 2014. It allows businesses to easily integrate blockchain technology into their existing systems while maintaining privacy and control over their data. Dragonchain utilizes a unique architecture that combines both public and private blockchains, enabling enterprises to benefit from the security of a public ledger while keeping sensitive data off-chain. The native token of the platform, DRGN, is used for transaction fees, staking, and incentivizing developers.
Dragonchain was founded by Joe Roets, who serves as the CEO. Roets has extensive experience in blockchain technology and software development. The founding team also includes various professionals with backgrounds in software engineering, business development, and blockchain consultancy. The project gained initial traction when it was launched on the Ethereum blockchain before transitioning to its own mainnet in 2019.
Dragonchain operates on a unique hybrid architecture that consists of three main layers: the private layer, the public layer, and the security layer. The private layer allows organizations to store and process sensitive data, while the public layer is used for transparency and public verification. The security layer ensures that all transactions are secured through cryptographic methods and consensus mechanisms. Dragonchain also supports smart contracts, which can be written in multiple programming languages, making it accessible to a broader range of developers.
Dragonchain supports smart contracts that can be developed in languages such as Java, Python, and C#. This flexibility allows developers to leverage their existing skills, facilitating easier adoption of blockchain technology. Additionally, the platform offers interoperability with other blockchains, enabling businesses to connect with various networks and ecosystems.
Dragonchain has several notable use cases across various industries:
Keeping your Dragonchain (DRGN) tokens safe requires several best practices:
Investing in Dragonchain (DRGN) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Dragonchain: Once your account is funded, you can purchase Dragonchain directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Dragonchain using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Dragonchain (DRGN) is currently trading at $0.045 and exhibits good potential for future growth. Check the latest Dragonchain (DRGN) price prediction.
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