When was DENT coin issued? Learn about the origin of DENT coin in one article

DENT coin, a decentralized cryptocurrency launched in 2018, empowers users to buy, sell, and trade mobile data securely and conveniently.

Oct 27, 2024 at 04:46 am

1. Concept of DENT Coin

DENT coin is a decentralized, blockchain-based cryptocurrency designed to empower mobile data sharing and monetization. Launched in 2017, DENT aims to disrupt the telecommunications industry by providing a decentralized marketplace where users can buy, sell, and trade mobile data securely and conveniently.

2. Origin of DENT Coin

The idea behind DENT coin was conceived in 2016 by founders Mikko Linnamaki, Tero Katajainen, and Andreas Segerbro. Recognizing the growing demand for mobile data and the limitations of traditional data plans, they envisioned a platform where users could access affordable and flexible mobile data on a global scale.

3. Precursor to DENT Coin: ERC-20 Token

In May 2017, the DENT team launched an ERC-20 token on the Ethereum blockchain. The ERC-20 token served as an interim solution, providing users with initial access to the platform's services while the native DENT coin was under development.

4. Mainnet Launch of DENT Coin

On June 15, 2018, DENT officially launched its mainnet and swapped the ERC-20 token for the native DENT coin. The mainnet launch marked the beginning of a fully decentralized platform where users could participate in the governance and utilization of DENT coin.

5. Tokenomics and Blockchain Compatibility

DENT coin has a maximum supply of 100 billion tokens. The DENT blockchain is compatible with both the Ethereum Virtual Machine (EVM) and the Binance Smart Chain (BSC). This compatibility allows for seamless integration with various decentralized applications (dApps) and cross-chain operability.

6. Use Cases and Future Development

DENT coin enables a wide range of use cases, including mobile data sharing, decentralized eSIM management, and data marketplace services. The platform's future development plans involve expanding its partnerships, enhancing the user experience, and exploring new applications for DENT coin.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

GOHOME

$323.9251

165.53%

Trade Now
DOGINME

$0.0...08446

129.70%

Trade Now
JET

$0.7630

44.84%

Trade Now
OBT

$0.0250

38.52%

Trade Now
DEVVE

$0.7378

27.78%

Trade Now
RARE

$0.1090

26.35%

Trade Now

Latest Crypto News

XRP's fully diluted valuation (FDV) has surpassed Ether (ETH), according to March 14 data from CoinGecko.
2025-03-15 07:25:53
Russia's Oil Companies Are Using Bitcoin (BTC) and Tether (USDT) to Trade Oil With China and India - CoinChapter
2025-03-15 07:25:53
The new year started off with considerable fanfare for the cryptocurrency market
2025-03-15 07:10:53
Shiba Inu (SHIB) and Cardano (ADA) Remain Well-Established, but The Last Dwarfs ($TLD) Promises Explosive Growth
2025-03-15 07:10:53
Ethereum (ETH) Price Movement Causes Concern Among Experts Predicting the Value Will Sink to $1200
2025-03-15 07:10:53
Cardano (ADA) Holders Watch Key Support Levels as Open Interest in Futures Positions Climbs to 1.09 Billion ADA
2025-03-15 07:05:53

Related knowledge

What is Ethereum’s Slashing mechanism and how to punish malicious behavior?

Feb 20,2025 at 03:08am

Key PointsOverview of slashingDifferent types of slashing in EthereumIncentives and consequences of slashingIdentifying and reporting slashed validatorsOngoing discussions and potential improvementsEthereum's Slashing Mechanism: Punishing Malicious BehaviorEthereum's slashing mechanism is an essential tool for ensuring network security and punishing mal...

What is the verifier node of Ethereum and how to become a verifier?

Feb 19,2025 at 06:00pm

The Verifier Node of Ethereum: A Comprehensive GuideKey Points:What is a Verifier Node?How to Become a Verifier NodeResponsibilities and Rewards of a Verifier NodeMinimum Requirements for Becoming a Verifier NodePotential Difficulties in Running a Verifier Node1. What is a Verifier Node?A Verifier Node is an independent entity on the Ethereum network th...

What is Ethereum’s staking, and how to participate and earn money?

Feb 19,2025 at 04:37pm

Key Points:Understanding Ethereum's Staking MechanismSteps to Participate in StakingBenefits and Rewards of StakingSecurity and Risk ConsiderationsTechnical Requirements and Hardware OptionsPotential Challenges and Troubleshooting TipsFAQs on Ethereum StakingWhat is Ethereum's Staking?Proof-of-Stake (PoS) is a consensus mechanism used in blockchain netw...

What is Ethereum’s DAO (Decentralized Autonomous Organization) and how does it work?

Feb 20,2025 at 03:12am

Key PointsDefinition and Structure of a DAOGovernance and Decision-Making in DAOsBenefits and Use Cases of DAOsChallenges and Limitations of DAOsWhat is Ethereum's DAO (Decentralized Autonomous Organization) and How Does It Work?Definition and Structure of a DAOA Decentralized Autonomous Organization (DAO) is an innovative governance and management fram...

What is Ethereum's multi-signature wallet and how to improve security?

Feb 20,2025 at 02:18pm

Key Points:Understanding the Concept of a Multi-Signature WalletBenefits and Drawbacks of Multisig WalletsRequirements for Setting Up a Multisig WalletStep-by-Step Guide to Generating a Multisig WalletImplementing Strategies for Enhanced Security1. Understanding the Concept of a Multi-Signature WalletA multi-signature (multisig) wallet in the Ethereum e...

What is Ethereum's oracle and how to provide data for smart contracts?

Feb 21,2025 at 01:30am

Key Points:Understanding the concept of oracles in EthereumExploring different types of oraclesDetailed guide on how to provide data for smart contractsAddressing potential challenges and considerationsWhat is Ethereum's Oracle?Oracles are crucial components in the Ethereum ecosystem, enabling smart contracts to access real-world data and off-chain even...