Token Architecture

The tokens associated with DMCC's Dapps are organized into data sets based on user participation and transactions. These data sets can be private or public with smart contract approval. Since blockchain information is distributed across nodes connected to the chain, additional server replication or server management costs are minimized. The ultimate goal of the token architecture is to establish a Serverless Content Platform, although low-cost servers may be required depending on the final architecture.

Due to the nature of blockchain and the collective computing power of the network, the platform is robust against hacking and cyber-attacks, unlike platforms hosted on private servers. DMCC's blockchain utilizes the Ethereum network's ERC777 standard, offering convenient features and a POS (Proof of Stake) algorithm-based authentication system.

Because DMCC transactions on the platform operate through the Ethereum network's staking-based consensus mechanism, the transactions require Ethereum approval. The POS technology allows for transaction approval without excessive electricity consumption or environmental impact, thus reducing issues even with increased transaction volume.

Additionally, ERC777 provides backward compatibility with the ERC20 standard and offers convenient features like proxy functionality for DMCC token transfers.