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Denarius is a cryptocurrency launched in 2017 based on Satoshi Nakamoto's original Bitcoin Core. Denarius made many changes such as Fortuna Stakes (masternodes), Stealth addresses, encrypted messages, Jupiter IPFS integration, MultiSig, Staking, Tribus, a new ASIC-resistant PoW hashing algorithm, in hybrid proof Up to 10,000,000 D of work and proof-of-stake consensus can be created.
Security
Denarius is a secure and stable cryptocurrency based on Satoshi Nakamoto's original Bitcoin core. Easy integration with existing open source technologies.
Fast
Denarius is a fast, fast cryptocurrency built for the modern world, with 30 second block times and 10 confirmations. It only takes 5 minutes for the transaction to be fully confirmed in the network.
Reliable
Denarius utilizes Proof-of-Work and Proof-of-Stake consensus methods to secure and process the network. Tribus is a hashing algorithm for PoW that is ASIC resistant.
Jupiter IPFS
Upload files directly to IPFS via Denarius nodes, Denarius can also interface with remote IPFS nodes.
Encrypted Messages
You can send and receive encrypted messages to and from public or stealth addresses via the Denarius network.
Multi-signature addresses and transactions
Denarius now supports Multisig! A multi-signature address requires another user or users to sign a transaction in order to broadcast it on the blockchain. Multisig in Denarius allows for the creation of "2 of 3" escrow services.
Cross-chain Atomic Swaps
Denarius also features atomic swaps on its blockchain! You can now use HyperDEX (Decentralized Exchange) to atomically buy and sell D via atomic swaps without any third parties!
"Atomic swaps are direct transactions between two different coins running on two separate blockchains; this transaction does not require centralized exchange sites or other third parties. The technology allows ordinary users to bypass the current necessary Once implemented, Atomic Swap will allow ordinary users to trade and buy desired coins directly in their wallets.” -Komodo AtomicLabs BarterDEX / HyperDEX
The first step in performing an atomic swap is between you and another One party needs to agree on the exchange rate and have available UTXOs. For example, you can choose from BTC->LTC, LTC->D, D->BTC, and any other currency combination. Denarius enables atomic swaps with multiple cryptocurrencies, which will open the door to a day of more decentralized transactions and less reliance on third parties. Currently, Denarius uses SPV technology in conjunction with ElectrumX Indexing servers to relay transaction information, and utilizes UTXO/MultiSig/CLTV technology to ensure exchanges happen.
*The above content is organized by YouToCoin official. If reprinted, please indicate the source.