DEM

Deutsche eMark (DEM) is a decentralized cryptocurrency established since 2013, utilizing blockchain technology for secure and transparent transactions . It operates similarly to Bitcoin but offers several distinctive features, such as faster transaction times and lower fees, which are achieved through its mining process and a built-in anti-spam system . DEM employs the SHA256D algorithm and offers both Proof of Work (PoW) and Proof of Stake (PoS) mechanisms, with a total supply cap of 210 million coins and an annual staking interest rate of 3.8% .

Transaction confirmations are swift, taking about 2 minutes per block, and the purpose of each transaction can be noted publicly in up to 140 characters . DEM is designed to be future-proof, eliminating the need for central servers that are prone to failures and manipulations. The open-source nature of the code ensures maximum transparency and community trust .

The Deutsche eMark community is active and engaged in the development of the currency, with plans for a mobile app, a new design, and undisclosed projects aimed at enhancing the DEM ecosystem . The currency is traded on various exchanges and has a circulating supply of 163.176 million, with a total supply of 210 million coins .

In summary, Deutsche eMark is a secure, efficient, and community-driven cryptocurrency that offers a modern alternative to traditional digital currencies, with a focus on low transaction costs, fast processing times, and stakeholder rewards .