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Dynex

DNX
$0.002949
+0.01% (24h)

Market Stats

Price
$0.002949
+0.01% (24h)
Market Cap
$318K
Volume (24h)
$5,971.36
Supply
107.84M DNX
FDV
$324,391.81

Shariah Analysis

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Last Screening: Q1 2024

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Community Sentiment

Community Discussion (1)

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I4Y R5
2 years ago

Dynex have announced that a portion of the payment for computing power (10%) will now go to token holders which I assume would count as interest: https://twitter.com/BraverCrypto/status/1756000442134221141

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About Dynex

Dynex is an innovative platform for neuromorphic computing, featuring a flexible blockchain protocol. It facilitates the development of software applications and algorithms utilizing neuromorphic hardware. The platform uses the Dynex native token as an exchange for computation time. Dynex introduces a proprietary circuit design, the Dynex Neuromorphic Chip, which enhances FPGA-based chips for accelerated computing. It upholds a social contract emphasizing user interests, serving as a foundation for efficient next-generation computing systems. Dynex machines, capable of solving complex problems, represent a paradigm shift from traditional architectures. The platform employs authenticated states, enabling accessibility via mobile phones. The DynexSolve algorithm, unique to Dynex, solves real-world computational problems during the mining process. The Dynex Mallob system coordinates distributed computing tasks, and the Dynex Marketplace offers templates for creating and selling solutions.

Consensus Mechanism

Egalitarian Proof of Work