DeFiChain (DFI)
1. Fundamental Analysis
1.1 Introduce
DeFiChain s mission is to bring decentralized financial services to the masses in a fast, secure, and transparent manner. Built as a hard fork of the Bitcoin network, the DeFiChain blockchain is supported by a globally distributed network of nodes.DeFiChain is an innovative blockchain project that delivers on the promises of scalability, security, and decentralization. The project launched in the fall of 2019 with the aim to offer financial services that commercial banks typically provide – with the added benefits of a decentralized blockchain. This provides a number of advantages: censorship-resistance, no geographical restrictions, and the right for any individual to participate in the network activities.DeFiChain is a hard fork of Bitcoin and tied to the Bitcoin blockchain using a Merkle root every few blocks. DeFiChain transactions are non-Turing complete – with low gas fees and a reduced risk of smart contract errors.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | DFI | Market Cap | 15672176.58 |
| Name | DeFiChain | White Paper | -- |
| Web Site | http://www.defichain.com | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://defiscan.live/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1200000000 | |
| Supply | 1200000000 | Release Date | |
| Available Supply | 861582000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
Short-term bearish trend, potential for downward continuation, volatility expected in near-term.
