What is DubaiCoin?

"DubaiCoin began in February 2016 with the goal of making Bitcoin and other cryptocurrencies more accessible in the Arab world. Since then we’ve launched our mobile Android wallet and Dubai Shop, our online marketplace.

This year, DubaiCoin we will go through another transformation that will culminate with the launch of our new cryptocurrency, DubaiCoin-DBIX. DBIX is an advanced version of DubaiCoin with improved security and greater efficiency to support money transfers and global payments, along with fueling the Arabian Chain platform.

DubaiCoin-DBIX and all the services built around it are designed to shift everyday monetary activities into the future and apply broad use case applications in how we live our lives and interact through smart contracts."

-BitcoinTalk.org
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General

TICKER SYMBOLS
DBIX
AGE
2 years old (March 03, 2017)
CURRENT PRICE
$0.30267
Updated 1 minute ago via cryptocompare.com
CHEDDUR ALL TIME HIGH
$35.53
Last year
CIRCULATING SUPPLY
4,263,172 coins
Updated 2 minutes ago via coinmarketcap.com
MARKET CAP
$1,250,439
Updated 5 minutes ago
FOUNDER
Mohammed Alsehli

Technical

BLOCKCHAIN / LEDGER
Uses own
PRE-MINED / RESERVED
Yes (610,000 coins)
CONSENSUS MECHANISM
Proof of Work (PoW)
MINEABLE / STAKEABLE
Yes
AVERAGE CONFIRMATION TIME
1m 30s
CURRENT BLOCK REWARD
6 coins
HASHING ALGORITHM
Dagger
DIFFICULTY ADJUSTMENT
Every block (~2 minutes)

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