Deeper Network

Deeper Network

DPR
$0.007346182%0.93

Key Metrics

Price$0.007346182
Real Volume (24H)$90,323.8
Marketcap$18,287,076.51
Fully Diluted ValuationN/A
ATH$0.334751
ATH Date4/12/2021, 9:52:37 AM
ATL$0.00620061
ATL Date12/22/2022, 6:25:11 PM
Circulating SupplyN/A
Total Supply10B
Popularity Rank1045
Chart
What is Deeper Network?

Deeper Network (DPR) is a blockchain-based platform that aims to offer a secure and seamless internet experience to users. It is a user-friendly technology that does not require any technical know-how to operate. Users can connect their device and enjoy the protection of the network security without any hassle. The platform provides a decentralized network node, offering a strong firewall to protect home networks from cyber threats. Cybercrime is a rising threat to the economy, and Deeper Network seeks to solve this problem by providing a secure network for users to safeguard their sensitive information such as usernames, passwords, credit card details, etc.

The platform operates on a proof-of-credit (PoCr) consensus mechanism, which ensures that the security properties are maintained while the chain grows. Deeper Network aims to create a peer-to-peer network that combines blockchain, network security, and a sharing economy.

One of the significant developments on the Deeper Network is the decentralized trident protocol, which enables communication between private and public networks. The protocol provides secure data transmission, increases bandwidth, and controls congestion.

DPR is the native token and primary value currency of the Deeper Network. Users can stake DPR tokens to increase their credit scores and make micropayments. The platform also provides a referral system for users to earn DPR tokens. The proof of credit is used for governance instead of the staking process. A proposer can submit a proposal for a given time, and any token holder whose credit score exceeds the threshold can vote for the proposal.

Deeper Network reserves a portion of the token pool to buy back DPR tokens from users and burn them. Burning tokens removes them from the circulating supply, reducing the total supply of tokens. The unsold tokens are used in the mining pool and bounty projects for community participants. The bounty project is a marketing strategy used by the platform to incentivize developers and marketers. Russell Liu founded Deeper Network in 2019, and the maximum total supply of the platform is ten billion tokens.

In conclusion, Deeper Network aims to provide a secure and seamless internet experience for users through a blockchain-based platform that combines network security, blockchain technology, and a sharing economy. With the use of PoCr consensus mechanism, users can trust that their sensitive information is protected, and their credit scores increase with the stake of DPR tokens. The platform seeks to incentivize users with referral programs, buy-backs, and burning of tokens, as well as bounty projects for developers and marketers to participate in the community.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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