What is DRK Coin? Information you need to know about DRK Defi Chain
With the rapid development of information technology and the growth of the Crypto industry along with that in 2020 is a year of boom and strong development of many Defi projects, therefore the DRK Defi Chain platform comes out. From the idea of making financial instruments borderless, easy to use and simple to access for everyone.In today’s article, let’s find out the most general information together. about the DRK Defi Chain (DRK) project.
What is DRK Chain?
DRK Chain is a decentralized platform in the existing financial sectors of the digital banking system of the Draken Group. DRK’s goal is to collect all information stored in a decentralized authentication ledger to transform financial and billing processes. As a result, payments will become cheaper, more convenient, and more secure with more automation capabilities.
DRK focuses on security, fast, efficient transactions and many of the latest technologies in the decentralized financial sector to create the ALL-IN-ONE (all in one) platform in the Draken Group system and global financial industry.
What is DRK’s goal?
DRK’s goal is to collect all information stored in a decentralized authentication ledger to transform financial and billing processes. As a result, payments will become cheaper, more convenient, and more secure with more automation capabilities.
DRK successfully implemented Mainnet
launched DRK Chain both before introducing to the community and had its own Coin — DRK. As can be seen, DRK has withdrawn the “drawing on paper” part of most ICOs on the market.
* Mainnet or official network.
DRK has Mainnet
Information:
DRK Coin is a decentralized platform coin for the existing financial sectors of Draken Group’s digital banking system.
Website: http://www.draken.tech
- Price: $ 0.001
- Symbol: Draken (DRK)
- 2 seconds per transaction
- 5000 transactions per second
- Issuance per day: 15,000,000,000 DRK (15 billion)
- Maximum issue: 20,000,000,000 DRK (20 billion)
Technology:
- dApps
- Smart Contract
- Anonymous-on-Demand
- Smart staking
- Gas station
Other:
- POH consensus mechanism.
Features Of DRK Defi Chain
1/Transaction fees are almost zero
Smart-fee technology makes transaction costs cheaper, but improved to combat malicious spam transactions to Blockchain.
Send 100 DRK with fee 0.000168 DRK
Deposit $ 100 only costs $ 0.000168
2 / Anonymous coin transfer technology
DaRK technology allows anonymous transfer of coins, no amount, time and information of the sender and receiver. But that doesn’t mean DRK is an anonymous blockchain because DaRK technology gives users the option to anonymize, when the user wants, transactions will be anonymous.
3 /Smart Staking
The Proof-of-honor (PoH) consensus mechanism ranks nodes by “number of DRK holdings” and “number of transactions that node handles.” From there, creating a profit staking (mining) that is stimulating and fair for shareholders and Dapps producers. Shareholders — the holders of large numbers of coins and the Dapps makers are the two subjects that have brought the success of ETH.
4 / Smart contract 2.0
Drk’s smart contract experience is much friendlier than ETH with 2 separate tiers:
Level 1 is for programmers, developers
Level 2 for people who know nothing about technology can easily create contracts that meet real-life needs.
5 / Protocol has been integrated
Unlike ETH when having to integrate an external protocol (for example, using Chainlink), DRK has built a protocol with security capabilities that can be said to be the most modern at the moment.
6/Token creation ability
Ecosystem tokens are a factor in the success of ETH today, with more than 98% of cryptocurrencies on the market being used in Dapps- decentralized applications. DRK Smart Contract provides the ability to generate tokens and a reward mechanism when the token node has multiple transactions.
DRK — Ecosystems and DEFI
The development of Blockchain from the period of forming Satoshi Nakamoto’s vision of a secure and uncontrolled asset storage and exchange platform has moved into a new era of platforms that can serve many the rich financial sector of the world. Therefore, the goal of creating an application ecosystem around a Blockchain is essential to demonstrate the viability of that Blockchain.
Decentralized exchange
Decentralized exchanges (DEXs) have become an important focus in the Blockchain sector, especially decentralized finance (DeFi).
DRK DEX is a decentralized exchange that not only fully inherits the strengths of the Dex exchange, but also is a Cross Chain system when combining both DRK Chain and Ethereum Blockchain. Now, DRK transactions and liquidity are safe, transparent and fast.
Therefore, the popularity of DEX in the future will be applied soon. Although this concept was introduced in 2017, some DEXs in general have yet to address important issues and weaknesses such as performance, liquidity, security, etc.
Today’s large and popular platform blockchains all have their own DEX exchanges. Some names include: Etherdelta and IDEX of ETH,Binance DEX, Switcheo of NEO, … Decentralized exchange is a product that demonstrates the strong ability of Blockchain.
How the DRK DEX solved the inherent problem from the beginning when we successfully launched Mainnet Chain DRK. With the strengths of a high-performance blockchain such as the DRK Chain, transaction speed up to 5000TPS, good scalability will make transactions more efficient.User experience Most users will need a certain time to understand or be instructed specifically to use DEX. This is partly because DEX is a brand new language for trading.
Not like how centralized exchanges have worked. The DRK DEX focuses entirely on how users trade, thereby optimizing the simplicity of user visualization.
Users will get a smooth, concise experience from simply linking their Metamask wallet and initiating transactions without having to switch networks.
Most DEXs currently operate on the Ethereum Network, resulting in a situation where only tokens of the same platform can go on the exchange. If the DEX is determined to be the future of world finance or specifically the cryptocurrency market, the DEX needs the integration of today’s popular blockchains to optimize trading pairs and user communities. .
DRK DEX develops a separate protocol that allows interoperability with other blockchains. We call it the Bridge Bridge, which allows the DRK Chain to communicate with other blockchains while preserving the key elements of the DEX.
Transaction fee: For a cryptocurrency exchange, transaction fees are the most important factor and determine user interest.Most of the current DEXs use their representative currency as transaction fees. For example, IDEX will use ETH as the currency of transaction fees. This leads to inadequate users. What if you only have DRK instead of ETH?
DRK DEX gives priority to user benefits.Therefore, transaction fees will be minimized with enough cost to maintain the system. It can be said that the Drk Dex transaction fees are almost zero. In particular, users only have to pay fees for the coin being traded.
DAPP / DRK GAME
Like most other cross-platform blockchains, DRK Chain is an open source blockchain that encourages and supports most people with expertise and ideas to build Dapps to contribute. DRK Games is a Dapps highlight that follows the success of the Tronx series of Game Dapps.
Instructions to buy DRK Coin
Sign up for an account
Step 1: Go directly to the registration link:
Then, fill in the following information completely and accurately:
- Login Name: Username
- Email: Email address
- Password: Login password
- Confirm Password: Re-enter the password
- Affiliate: Sponsor ID
- Then click REGISTER to register
Step 2: Activate your DRK account
- Click REGISTER, you will receive the following message:
- Go to Email (Check in Ads) to activate your account. By clicking on the link sent in the email
- So successful account registration
Instructions to buy DRK Coin
- After successful registration, you can buy DRK in https://draken.group/products
- Read the introduction
- There are 6 packages to choose from: Minimum of 0.1 BTC, maximum of 5 BTC, depending on you choose, we go in before 0.5 BTC. Choose which package, click Purchase> CONFRIM
- Check I have read and agreed to this disclaimer and click Next
- Move Bitcoin (BTC) according to the correct amount and address
- Copy this wallet code and send 0.5 BTC to the correct address provided and wait for the word “Awaiting payment” to disappear.
Check information about DRK Coin purchased
After transferring BTC to the purchased package, go back to the login screen and go to Cilent -> Profile check to see the DRK purchased is successful.
After the purchase is complete, every day you will receive 0.3% of the DRK coin from Frozen wallet to Main wallet (Main wallet is the main wallet, DRK can be transferred or withdrawn).
DRK Exchange
Currently, DRK Coin has been traded on the decentralized exchange DEX: Draken.Exchange with DRK / ETH pairs via MetaMask or Trust Wallet.
Summary
With the highest blockchain technologies available today, or it can be said that some Blockchain platforms have achieved growth in goods, thousands of times. In addition, the application targets the multi-billion dollar DeFi value field. Consultant DRK Coin from a start of just around $ 0.001 can gain a full profit from the coin’s price increase.
More information
Website: https://draken.tech
WPP:https://drive.google.com/file/d/1mHtV50CktdFCyD_NaH370sZ8sOBehgce/view
Medium: https://medium.com/@DRKDeFi
Twitter: https://twitter.com/DRKDeFi
Facebook: https://www.facebook.com/DRKDEX
Telegram: https://t.me/Drakentec
Draken Exchange: https://draken.exchange
DrakenX: https://www.drakenx.io
Author
Name:tunaduong
Link BTT: https://bitcointalk.org/index.php?action=profile;u=2402029
DRK Address : 0xE738Ab7Ef9c98276479eb040d020e3745fdFF6FA
TRX Address: TLHAe29iLD746DTv4cJ48LoYBw5jAmrK2H
