1. What is del?

Introduction to DEL Cryptocurrency

DEL cryptocurrency is the native token of the Decimal blockchain, DecimalChain. It is a decentralised cryptocurrency that enables P2P online transactions and is an important component of the Decimal ecosystem.

• Main Uses: DEL is primarily used for P2P online transactions, serving as a medium for the exchange of services and goods.
• Features: DEL allows users to create new coins within the blockchain and receive rewards through contributions to venture capital.
• Development Team: The DEL token was established by the development teams of BitTeam and Crypton.

2. Who founded del?

According to the information provided, the concept of the first cryptocurrency can be traced back to 1989 with DigiCash, founded by David Chaum. However, the first successful decentralised cryptocurrency is Bitcoin, which was created in 2009 by an individual or group using the pseudonym Satoshi Nakamoto.

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3. Which venture capital invested in del?

Here are some well-known venture capital firms that have invested in cryptocurrencies:

1. Sequoia Capital: Invested in many blockchain and cryptocurrency projects such as Huobi, Bitmain, Conflux, PayPal, and Distributed Technology.

2. Andreessen Horowitz (A16z): Although it has recently shifted focus to the AI sector, it has made significant investments in the cryptocurrency space, including establishing a dedicated cryptocurrency fund.

3. Tiger Global: Invested in multiple cryptocurrency and blockchain projects.

4. SoftBank: Invested in projects in the cryptocurrency and blockchain sector.

5. Goldman Sachs: Invested in cryptocurrency and blockchain projects through its venture capital department.

6. ACCEL: Invested in various cryptocurrency and blockchain projects.

7. Hillhouse Capital: Invested in projects in the cryptocurrency and blockchain sector.

8. Lightspeed Venture Partners: Invested in multiple cryptocurrency and blockchain projects.

9. IDG Capital: Invested in projects in the cryptocurrency and blockchain sector.

10. Temasek Holdings: Invested in projects in the cryptocurrency and blockchain sector.

The investment scope of these firms includes, but is not limited to, mainstream cryptocurrencies like Bitcoin and Ethereum, as well as various blockchain technology development and application projects.

4. How does del work?

DEL coin is a token based on the Ethereum blockchain, utilising smart contracts and blockchain technology to perform its functions. Here are the operational principles of DEL coin:

1. Based on Ethereum Blockchain: DEL coin is built on the Ethereum blockchain, which means it utilises Ethereum's smart contracts and blockchain technology for transactions and record-keeping.

2. Smart Contracts: DEL coin employs smart contracts to execute its functions, including digital certification and other specific purposes. Smart contracts are self-executing agreements that automatically carry out pre-set actions when specific conditions are met.

3. Blockchain Technology: The transaction records of DEL coin are maintained on the Ethereum blockchain, which is a distributed public ledger. Blockchain technology ensures the security and transparency of transactions.

4. Transaction Process: The transaction process of DEL coin is similar to other cryptocurrencies, involving the use of cryptocurrency wallets for transactions, with transaction records stored on the blockchain, and verified and secured through cryptographic techniques.

In summary, the operation of DEL coin relies on the Ethereum blockchain and smart contract technology, ensuring the security and transparency of its transactions.