💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Aladdin Exchange to Launch its Native Coin ADC Coin on Aladdin Chain

Published 01/24/2022, 01:16 AM
Updated 01/24/2022, 01:30 AM
Aladdin Exchange to Launch its Native Coin ADC Coin on Aladdin Chain
EOS/USD
-

The crypto space continues to develop cutting-edge technology to provide its users with the best experience possible. Indeed, the industry is now impossible to ignore.

That said, Aladdin Exchange, a fast-growing crypto exchange platform, is excited to introduce its native coin called ADC Coin, which will launch in January 2022. This mainnet coin will serve as the trading pair for all the coins listed and will be listed on the exchange.

ADC Coin will have a total circulating supply of 21,000,000,000 and will use the Dual Delegated Proof-of-Stake (DDPoS) consensus algorithm. In addition, the coin will be built on the Aladdin Chain network. Aladdin Chain—a blockchain platform known for its fast, stable, and scalable qualities. What makes ADC more special is its TPS of 300,000, which is faster than the current mainnet’s TPS.

Aladdin Exchange’s upcoming launch of ADC Coin is a significant milestone for the platform. Having ADC as its mainnet, the crypto exchange will utilize Aladdin Chain’s flagship Dual Delegated Proof-of-Stake (DDPoS) consensus algorithm.

Not only that, but with ADC’s Single Sign On (SSO) and Single Transfer On (STO) functions, users are guaranteed that their personal information and coin transaction details are completely protected and transmitted.

In contrast to Ethereum’s transaction fees, EOS, CPU, and memory purchases, the Aladdin Chain mainnet introduces a coin economy model that shares its life and death with the mainnet participant dab.

Meanwhile, to increase the mainnet’s coin value, the crypto exchange listing ADC Coin can earn profits through listed mining and ADC coin-holding mining. ADC grows simultaneously with its participants by escalating the value of ADC coins through different mainnet services.

As one of Dubai’s leading crypto exchanges, the company continues to devise strategies and come up with new innovations that would keep its users satisfied. According to one of the team members, the platform is always doing its best to keep up with the ongoing developments in the crypto space.

“Our Aladdin Exchange users surely have something to look forward to, as we continue expanding our platform. With our upcoming launch of the ADC Coin on the Aladdin Chain mainnet, we guarantee that this is only the beginning of new events everyone should watch out for,” said the Aladdin Exchange representative.

For further information, please stay connected and follow our official outlets.

Website: https://aladdin25.com

For your queries: 24/7 Telegram Community

Follow our social media accounts:

Twitter| Facebook| Youtube| Telegram| Instagram| LinkedIn.

Disclaimer: Any information written in this press release does not constitute investment advice. CoinQuora does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release. CoinQuora is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.