Decentralized Social (DESO)

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Description

What is Decentralized Social crypto currency? Decentralized Social (DESO) is a decentralized cryptocurrency, launched in July 2017 to serve as a global, resilient and sustainable form of digital money. It was founded by a three-person team of developers who recognized the need for a cryptographically-secure, borderless, and decentralized form of money. DESO is built on the Ethereum blockchain and operates using a Proof-of-Stake (PoS) consensus mechanism. Who founded it? Decentralized Social, or DESO, was founded in July 2017 by a three-person team of developers. The development team consists of Vladimir Vrunov, John Tension, and Vlad Perovic. They recognized the need for a cryptographically-secure, borderless, and decentralized form of money and launched DESO to address this need. What Makes it Unique? DESO uses a Proof-of-Stake consensus algorithm, which means it is secure, efficient and borderless. This means that the network can operate in any country and is not restricted to any particular jurisdiction. The network is also resistant to external attacks, making it a more secure option than other cryptocurrencies. The team behind DESO has also implemented a number of additional security measures to protect the network. Furthermore, DESO has a low energy footprint as it does not require mining, thus reducing its impact on the environment. This means that users can make transactions with confidence while reducing their carbon emission footprints. Where does it used? DESO has many potential uses, including payments and remittance services, online betting and gaming, online exchanges, and peer-to-peer lending. It can also be used for microtransactions and for cross-border payments. Furthermore, DESO can also be used for accounting and data storage. Where to buy/sell it? DESO can be bought and sold on cryptocurrency exchanges and through digital currency brokers. Popular exchanges that list DESO include Bittrex, Hitbtc, and YoBit. Furthermore, digital currency brokers such as Coinbase and Changelly also offer the ability to buy and sell DESO.