Decentralization is part of the security governing of most cryptocurrencies, meaning that security is in the hands of a collection of users worldwide. The decentralization of a cryptocurrency is usually measured by the number of nodes on its network and miner distribution.
According to block explorer, Blockchair, Ethereum has about 2,000 nodes compared to 10,000 nodes over 97 countries for Bitcoin. This makes the Ethereum network susceptible to a 51% attack where a single person or entity controls over 50 percent of the network.
Most DURC wallets contain a vast amount of DURC in circulation, which is a risk as they have undue control over price fluctuations and liquidity in the market. An estimated 0.002% of DURC wallets hold about two-thirds of the total DURC in supply. It is a very different scenario with Bitcoin, which has evenly distributed wallet holdings.
DURC cryptocurrency runs on blockchain technology, which uses a distributed, secure digital ledger that stores and adds all transactions made on its network, much like how most cryptocurrencies work. The DURC network also uses cryptography to secure all transactions on its blockchain network.
The absence of governmental control and regulations eliminate fees and restrictions that could be disadvantageous for users. The flow of cryptocurrency transactions is unregulated by authorities or financial institutions. This limits unfavourable fees and restrictions. However, cryptocurrency owners do not benefit from the protection of financial authorities.
DURC Coin
DURC Coin
DURC Coin
DURC Coin
DURIAN COIN TOKEN (DURC) is the first world digital currency that are securely backed by physical projects and created by DURIAN BENTONG PLANTATION ECOSYSTEM by using Ethereum Blockchain DeFi ERC20 Standard Blockchain Technology.
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