DCS meaning in Cryptocurrency ?

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Answer:

Could you please briefly introduce what is DCS?

The full name of the DCS platform is Decentralized Data Crypto System.

It is first deployed in BSC (Binance Smart Chain) and proposes the Mix-ZK protocol, which combines "hybrid data structure" and "zero-knowledge succinct non-interactive knowledge argumentation (zk-SNARK) principles to ensure user anonymity, gas reduction, the privacy of message transmission, and privacy of data institutions, provide users with digital asset security and privacy solutions, and create a new transaction model that is decentralized, secretive, safe, shared, and mutually beneficial.

What pain points does DCS want to solve?

Blockchain has the advantages of decentralization, anonymity, openness and transparency, and non-tamperability. However, with the application of blockchain, we found that although the real identity of the trader will not be displayed on the public ledger of the blockchain, the user's wallet, balance, trading time, etc. are all publicly available for inquiry. So once the address of the trader is associated with the identity information, there is no privacy. DCS is a blockchain commercial implementation platform that values user privacy. User information is well protected when to pay, vote, do charity, bidding, etc. via the DCS system.

What is the DCS token allocation model? How can I buy it?

The DCS platform token DCS token is issued based on BSC (Binance Smart Chain), with total supply of 60 million. The fairness of DCS is that the output of the DCS founding team is synchronized with the mining mechanism. The DCS belongs to the technical team, operation team, and foundation are all locked and will be unlocked in proportion to the mining output, and automatically executed by smart contracts without human control.

Could you tell us DCS roadmap?

First Phase: Set sail to the era of privacy encryption 2021.1-Discover the privacy needs of blockchain applications 2021.4 DCS proposed and implemented the Mix-ZK core algorithm 2021.6 DCS released version 1.0 white paper 2021.7.25-Provide airdrop benefits to the first batch of DCS consensus users 2021.8.7——The DCS encrypted credential system Dapp will be launched based on BSC; 2021.8.12-Encrypted certificate ecological mining, liquidity pledge mining, and trading fee dividends will be launched. 2021.9-Reaching cooperation with international first-line exchanges to circulate DCS certificates on the basis of DEX.

Second Phase: To achieve multi-chain encryption prosperity Deploy contracts on multiple chains in the form of cross-chain bridges, etc., on the basis of running on BSC. 2021.12- Deployment on Ethereum contract (time will be adjusted according to the optimization of Ethereum gas fee) 2022.2- Complete deployment on Polkadot, TRON, Heco and other chains according to market demand gradually. To achieve multi-chain support, improve consensus, and lay a solid foundation for commercial applications

Third Phase: To start a commercial journey The application of DCS is gradually developing towards platformization.

Starting in 2022, in addition to the privacy protection of crypto assets, DCS will gradually be applied to various institutions and business scenarios, such as corporate bidding, anonymous voting, charity, auctions, medical care, archive storage and other commercial fields.

In 2023, DCS will become a leader in the field of blockchain privacy protection, build a market value of 100 billion, and drive blockchain crypto assets into an era of real value.

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Posted on 20 Dec 2024, this text provides information on Miscellaneous in Cryptocurrency related to Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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