Ethereum Coin Supply - 93,529,083
DBIX Coin Supply - 1,007,472
Here is a video from the CEO about DBIX- https://www.facebook.com/DubaiCoin/videos/1190570737652348/
1)- What is Dubai Coin “DBIX”?
Dubai coin is a smart contract system exactly like a Ethereum but offers more. They both use the same mining algorithm Dagger-Hashimoto to develop their coins. The cool thing about Dubai coin it is its own separate system so please note “that this is not a token of Ethereum”
2)- History of Dubai Coin:
DBIX is a root of DBIC which currently Does not exist anymore, DBIC was a financial system built by the Arabian chain who wanted to continue the development from a financial system into a smart contract system. DBIC previously you were able to buy gold bars and diamonds if you'd like please look at the following link and scroll down the page to find the article - https://www.facebook.com/DubaiCoin/
3)- Dubai Coin has Followed its roadmap right to a T:
February 2017 - The Formation “Arabian Chain official team formation in Dubai Silicon Oasis”
March 2017 - Automated Swap “Arabian Chain is live and DBIC to DBIX automatic swap completed”
April 2017 - Manual Swaps “Manual swaps and bonus distribution for early swappers completed”
June 2017 - API “Second release of Arabian Chain's API”
July 2017 - Smart Builder “First release of Arabian Chain interactive smart builder”
August 2017 - Thuraya “First release of Thuraya, the first smart contract programming language in Arabic”
June-December - Developments Smart contracts development
Website link - https://www.arabianchain.org/index.php/en/roadmap
4)- Dubai Coin has 7 Team members working on the project - https://www.arabianchain.org/index.php/en/who-we-are
5)- The difference between Dubai coin smart contract programming and a Ethereum smart contract programming,
In order to program a smart contract on the Ethereum platform you need to learn a language called “Solidity” Which would require line coding.
Now the cool thing about Dubai coin is that there is not much coding required it's a simple drag-and-drop solution which makes it easier for companies and individuals to create smart contracts.
6)- About DBIX Technology Stack
ArabianChain Technology is an open source, community-based project with the goal of building a decentralized, consensus-driven, peer to peer, open source, blockchain-based platform for distributed applications. ArabianChain tech will leverage and improve blockchain technology and build a full-featured application platform on top of it.
Rather than giving users a set of predefined instructions (like bitcoin), ArabianChain allows users to create with ease their own instructions of any complexity they wish. In this way, it serves as a platform for many different types of decentralized applications, including but not limited to cryptocurrencies.
ArabianChain public, decentralized and secure blockchain that allows for self-executing, and globally accessible smart contracts and decentralized Apps to be developed, and for crypto currencies to be built, transacted, tracked and safeguarded over a network of thousands of connected yet distributed devices. It is the first public and decentralized blockchain in the region, it allows for globally accessible smart contracts and decentralized Apps to be developed, and for digital tokens to be built, transacted, tracked and safeguarded over a network of thousands of connected yet decentralized devices.
News!!!
Blockchain Startup ArabianChain Nets $817k from New Investor - https://www.coindesk.com/blockchain-startup-arabianchain-nets-817k-new-investor/
