Divi - Whitepaper

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2020-06-28 09:08

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What is Divi?
The Problem We’re Solving

In 2009 Satoshi Nakamoto invented Bitcoin when he released his first whitepaper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” He imagining a digital currency that would be used by millions of people around the world for everyday transactions, taking the power away from centralized banks who don’t have the best interests of their clients in mind. While Bitcoin is successful in its own way, it has strayed from its intended purpose and has become a “store of value” rather than a currency. It’s painfully difficult to use and understand, it’s too slow, and transactions are expensive. The Divi Project was created to solve all these problems and realize Satoshi’s dream of a fast, safe, and cheap digital money that can be used by ordinary people around the world without banks or governments as an intermediary.

A Digital Money for Mass Use

The Divi Project has a novel solution to solve the biggest and most lucrative problem in the crypto world: mass adoption by average people. We seek to bring the power of cryptocurrency to those who now avoid it, currently finding it too technical, uninteresting and scary. The coming digitization of all money will inevitably be the world’s largest transfer of wealth, in the range of hundreds of trillions of dollars. There has never been a bigger financial opportunity in history, and the Divi Project will be first to market with a truly viable solution.

The Divi Project has several important aspects that set it apart from other cryptocurrencies:

User Friendly Smart Wallet™
5-Layered, One-Click Masternode System
Lottery Blocks
Crypto Banking
Multi-Coin System
Atomic Swaps and Exchange
Security by Design
Vaulting
Scalability
Advanced Governance System
User-Friendly Smart Wallet™

Our new blockchain allows us to socialize and humanize financial experiences by hiding the “crypto” underneath an easy-to-understand User Interface. Our Smart Wallet™ is being designed to remove all the “pain points” that currently prevent most people from getting excited about cryptocurrencies. Our design-first focus benefits from our team’s experience and deep understanding of User Experience (UX) and is shown through our expertly integrated user interface.

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Five-Layered, One-Click Masternode System

Based on a new type of masternode system with five layers, holders of DIVI coins participate in maintaining the network to earn more. Once only for computer experts, Divi’s user-friendly masternodes can easily be set up at home or in the cloud by anyone without technical knowledge.

Lottery Blocks

Currently unique in crypto, once per week one of our masternode holders or stakers will strike it rich by mining a lottery block. This will pay them 252,000 DIVI and ten other people 25,200 DIVI each. To be eligible, one must have a staking wallet with minimum 10,000 DIVI in it, and connected to the Divi network.

Nick Saponaro | Crypto as a Side Hustle | Cryptos & Tokens | Irvine May 2019

Crypto Banking

Divi’s Smart Wallet™ has many new ways to manage money, such as protecting your transactions more securely by requiring the receiver to confirm a PIN code. It will have features to help you save, share, collect and track taxes. Our Vaulting features allows you store money on the blockchain so nobody, not even yourself, can remove it until a predetermined date, which is more secure than brick-and-mortar banks, and also good for long-term savings, such as college funds. With over two billion people in the world who don’t have a bank account, there’s a great opportunity for the services Divi can offer.

Multi Coin System

Our Smart WalletTM will not only work with DIVI, but also Bitcoin, Bitcoin Cash, and Ethereum too. We are already in discussions with a number of other blockchain companies who wish to integrate their technology with our wallet. Our users want to use all their cryptos in one user-friendly system, and until Divi, such a wallet experience hasn’t existed. For the first time, users will be able to send Bitcoin without worrying that they’ll lose it by making a mistake.

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Atomic Swaps and Exchanges

More than just a place to hold or track cryptos, users will be able to use “atomic swap” technology to switch their digital assets near-instantly between types of cryptos. Our exchange partners will provide in-app solutions to this as well, allowing users to buy, sell, and trade, or convert from crypto to fiat currencies and back. Also, users can receive news and updates directly from the teams that run each cryptocurrency.

Security by Design

Perhaps the biggest long-term challenge to mass adoption faced by crypto is the problem of security, and until users feel safer, they’ll stick with the banks. Divi’s security solution involves the correct usage of new technologies along with a great user experience that encourages good security habits. We prevent user error with great design, making it easier for users to transact safely and without fear.

Vaulting

Our technology solves one of the biggest security problems presented by Bitcoin and other cryptocurrencies: How do you make it more secure than a bank? The answer we call “Vaulting.” Vaulting offers a variety of savings opportunities and secures funds in a time-locked account that is inaccessible by anyone, including the funder. It’s more secure than a safety deposit box, because even under threat or coercion, a user can’t remove it until a specific date and time.

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Scalability

Within several years, billions of people, businesses, and devices will be using cryptocurrencies for transactions, which creates a scaling problem. Our blockchain is already running ten times faster than Bitcoin, but that’s not nearly enough. The Divi ecosystem will eventually include its own “Lightning Network” technology, so that millions of near-instant micro-transactions are possible through off-chain side channels.

Advanced Governance System

We are building what may be the most innovative governance system in the cryptocurrency world. Coin holders will be able to vote to modify parts of the blockchain itself, such as the inflation rate, fee amounts, and even turn some features on or off. Eventually they will be able to elect some of Divi’s leadership and vote for funding proposals too.

Summary
Everything we do has one goal in mind: to make popular cryptocurrencies easier to use so that both people and businesses will adopt them in mass. Cryptos have the power to revolutionize the way we use money, and within several years will be part of the daily life of billions of ordinary people for day-to-day transactions. This can’t happen the way they are now: slow, expensive fees, impossible to understand, and easy to make a mistake and lose money. Divi’s user-friendly Smart Wallet™ and blockchain make transactions faster, less expensive, easier, safe to use, and with a special focus on eliminating user error. The Divi network is powered by MOCCI™, our revolutionary one-click masternode installer. It’s the first to allow anyone, without technical knowledge, to easily join our masternode network and earn crypto from a home computer or with their phone.

I hope you had enjoyed this post regarding the DIVI Project.

I’m planning to create a few more posts about DIVI, there is more to share …wait for the next one.

DIVI is one of the best Projects for 2020.

We have a problem, they have the solution.

If you want to be part of DIVI family you can find more info at https://diviproject.org/

Telegram : https://t.me/diviproject

Also, if you didn’t signed up for the new app please click in this link =>>> https://wallet.diviproject.org/

If you want to buy some #DIVI, please click in the links below:

BITHUMB GLOBAL

MIDAS (On Midas you can be part of a #Masternode without having the full masternode)

BITRUE

Please have a look at my Library I have some good books that can help you a lot if you are a beginner in trading and Finance.