Deepcoin is a cryptocurrency offered to be a more efficient and scalable alternative for the existing currencies, such as Bitcoin and Ethereum. Designed with advanced blockchain technology, Deepcoin includes some of those features having high transaction speeds and lower fees, along with robust measurements on privacy. It is supposed to combine all the best features of older traditional cryptocurrencies with the innovations incorporated in it, so it becomes regarded as the next leader of the digital economy.
Main Features of Deepcoin
1. Scalability: one of the biggest problems faced with the majority of cryptocurrencies in their basic structure is that of not having scalability. That merely implies that as and when more transactions increase, the blockchains cannot afford handling of all the numbers without either slowing down the processing or decreasing the costs of it. Thus, a new sort of consensus mechanism that can treat much higher numbers at lower latencies than what is usual is there in the deep coin.
