Dagra - First cryptocurrency for Mass Application
Dagra is the first cryptocurrency with an extended Proof of Service model designed for mass application.
Release date: 25th Mar 2017
Premine: 2 732 500 Dagra. Some part of premine funds will be spent on the ICO, the other part will be distributed between early adopters to expand the user base, the remaining funds will be spent according to the voting results of the Delegate network.
X11+Gost hashing algorithm: 12 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, stribog, skein, luffa, cubehash, shavite, simd, echo)
Block reward is controlled by: 2222222/(((Difficulty+2600)/9)^2)
CPU/GPU mining
Block generation: 2.5 minutes
Difficulty retargets by each block using Dark Gravity Wave algorithm
Support for anonymous and instant transactions
7% decrease in the number of coins generated per year
Estimated emission is 81M coins
A second-tier network consisting of Delegate nodes is used. Delegate nodes are full nodes that participate in elections for project governance and provide various services using the Proof-of-Service (PoSe) model.
Links:Official Website:
https://dagra.org/Blockchain Explorer:
http://explorer.dagrsol.com/Web-wallet:
https://wallet.dagrsol.com/
http://dagra.net/One of the main reasons for the lack of mass use of cryptocurrency in the lives of ordinary people is the inconvenience of their use. For geeks, it's easy, but the ordinary uninitiated person will face considerable difficulties. In addition, for most people the use of currencies like Bitcoin still does not make sense.
The goal of Dagra is to make the use of crypto currency as convenient as possible for most people.
With Dagra, you will not need to set up miners, enter long, non-memorable addresses to transfer money, or learn console commands to use additional wallet functions.
In Dagra Core wallet, user can access all the functionality of the crypto currency in a simple graphical interface.
As Dagra tries to be the most convenient for daily use by both people and businesses, we pay great attention to the implementation of those functions that are necessary for the very community of users of our platform.
Therefore, the decentralized governance system is implemented in the protocol of our platform. This governance system turns the Dagra platform into a DAO (Decentralized Autonomous Organization).
Voices in this system belong to the Delegates - participants who contain full network node with 1000 Dagra frozen funds.
The Dagra project budget is funded by 10 percent of the miner's reward, which is transferred to a fund that can be used to finance projects approved by Delegates.
Delegates are entitled to put forward their proposals for the development of the system and vote for them. As a result of voting, the funds necessary for the implementation of the supported proposal are automatically transferred to the proposal performer. Delegates also receive part of miners subsidy as a reward for the maintenance of the full network node.
Unlike other similar systems, DAO Dagra is the most democratic - to participate in voting Delegates will have to choose the interesting proposal on the page of elections in the Dagra Core Wallet and vote. On the Proposal's page all the statistics are displayed: the proposals, votes, spending of funds and the status of implementation of the supported projects. On the same page, the Delegate may publish his proposal and discuss it with other participants.
Thus, DAO Dagra involves maximum number of users to government Dagra-platform in order to meet the expectations of our valued users.
To implement this functionality, the dev team begins ICO process.
We represent you the social platform of Dagra Social.
Dagra is the foundation, the basis on which to base all the necessary elements, for easy and convenient construction of any business, social, legal structure.
All the functions of the currently existing blockchain applications are scattered and have a high input threshold for a simple user.
Therefore, the creation and management of its own organization (firm, fund, corporation, etc.) is available only for those who have the means for hiring programmers, consultants or other firms specializing in blockchain technology.
Dagra Social allows any person to create elementary new organizations (Decentralized Autonomous Organizations): just as simple as using social networks. At the heart of Dagra Social exist the blockchain and smart contracts, but programming skills are not necessary at all for using. All the complicated mechanisms are hidden under the hood, and the user just needs to sit behind the wheel, and start his journey.
All the crazy bureaucratic red tape associated with the discovery and tracking of one's own business is a thing of the past. Dagr Social, thanks to its decentralized nature, provides transparent and equal opportunities for every entrepreneur, abolishes the corruption component inherent in centralized systems, eliminates the need for an intermediary in any transaction, for example: the state as a currency issuer, and the banking system that controls financial flows. And most importantly, the entire system belongs to the user community and is managed by it.
In essence, such a social system is more like a single organism, which will constantly grow and develop. The role of the circulatory system of this living organism will perform the Dagra crypto currency, thanks to which any useful activity on the platform will be monetized. The issuance (emission) of the currency will also be made by the users themselves, and will be proportionally dependent on the demand for the system.
It means that you will be able to obtain financing due to service of "DagrFund", to keep funds of your DAO on secured gold deposit bank Dagra, to sell the shares of your own DAO using decentralized Exchange Dagra-bank. Also, thanks to an analytical network of experts of "DagrFund" you have possibility to insure your decentralized company. And do not forget that for you will be available a lot of decentralized application of Dagra Directory, for example the decentralized services of recruitment which based on reputation system.
Using the Dagra platform, you can compare it with a designer, from which it is possible to collect anything you like. Since the elements of this designer will be constantly added, and also be easily customizable, the user's possibilities will be limited only by his imagination.
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