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dietbitcoin

dietbitcoin (DDX)

$ 0.05
Main info
News
Comments
Markets
Analytics
Market cap
$2.65M
Volume (24h)
$1.5
Circulating supply
26,094,664 DDX
Total supply
53,235,018 DDX
Max. supply
100,000,000 DDX

About dietbitcoin

Overview of Dietbitcoin

dietbitcoin is a faster, lighter alternative to bitcoin. dietbitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of dietbitcoins is carried out collectively by the network. dietbitcoin is open-source; its design is public, nobody owns or controls dietbitcoin and everyone can take part. Through many of its unique properties, dietbitcoin allows exciting uses that could not be covered by any previous payment system.

Technology Behind Dietbitcoin

dietbitcoin uses a blockchain which is not controlled by any third party nor government agency. It is open source which allows for increased security. All transactions are recorded on the blockchain, which is decentralized and spread across a global network of computers.

Storage and Transfer of Dietbitcoin

You can store dietbitcoins on your desktop, laptop, server, android wallet, iOS wallet, mobile devices, hardware wallet, or in the cloud. You can quickly and easily transfer dietbitcoins to anywhere in the world as long as you are connected to the internet. dietbitcoins can be received by any dietbitcoin address.

Key data

updated $0
Market cap$2.65M
Volume 24h$1.5
Circulating supply26.09M26% of max 100M
All-time high$15.28-100% from peak · 2021-08-31

Dietbitcoin (ticker: DDX) is a cryptocurrency built as a 'lighter' alternative to Bitcoin — the name works much like diet soda next to the regular kind. It relies on the same Proof-of-Work approach to confirm transactions, but its total supply is capped at 100 million coins instead of Bitcoin's 21 million. The project's official home on the web is https://www.dietbitcoinico.org/.

Frequently asked questions

What is dietbitcoin, and how is it different from Bitcoin?

Dietbitcoin (DDX) is an independent cryptocurrency that takes its inspiration — and its name — from Bitcoin, positioning itself as a 'lighter' version of the original. The headline technical difference is supply: DDX has a hard cap of 100 million coins, roughly five times Bitcoin's 21 million. Beyond that, it follows the classic playbook of decentralized, mineable digital money.

How does dietbitcoin's Proof-of-Work consensus work?

DDX runs on Proof-of-Work (PoW), the same consensus model Bitcoin pioneered. Miners compete to solve cryptographic puzzles, and the winner gets to add the next block of transactions to the chain, collecting a reward in new coins. That competition is what keeps the network secure and tamper-resistant without any central authority.

How is the supply of DDX created and distributed?

New dietbitcoin coins are issued as mining rewards — miners earn DDX for the computational work they do to secure the network. The protocol enforces a strict hard cap of 100 million coins, so emission is finite by design. Once that ceiling is reached, no additional DDX can ever be created.

How do I store and use dietbitcoin?

DDX is stored in a crypto wallet that supports the coin; you control your funds with private keys, so keeping a backup of those keys is essential. You can send and receive DDX peer-to-peer, much like any other mineable cryptocurrency. For current wallet options and official updates, check the project's site at https://www.dietbitcoinico.org/.