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DIVI
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Divi
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The price Divi today is 0.030119 USD, and the trading volume in 24 hours - 257,107 USD. The crypto asset has grown by -4.63% over the day. Currently, the coin’s market capitalization is 76,030,485 USD, and has 2,524,336,306 coins in circulation with the max supply of 106,285,390 coins DIVI.

What is Divi (DIVI)?

Divi is a blockchain project aimed at accelerating the introduction of digital currencies.

In keeping with its slogan “Ease of Use of Cryptocurrencies", Divi aims to make the use of cryptocurrencies a simple and hassle-free task, helping to make digital assets more available to ordinary users. Divi states that it can achieve this by moving the complex intricacies of blockchain technology behind the scenes while providing users with a simple intuitive user interface, Compatible with all Divi applications.

The combination of Divi's unique blockchain implementation and its intuitive smart wallet makes cryptocurrency transactions faster, cheaper, and easier to use, with an added focus on reducing risk of user errors.

Who is the founder of Divi?

Divi's founding team consists of three experienced people: Jeff McCabe, Michael Greenwood and Nick Saponaro.

Jeff McCabe is CEO of Divi. Jef, a serial entrepreneur who has been instrumental in the success of several multimillion-dollar businesses, and can regularly be seen in the media discussing cryptocurrencies and other financial technologies. He is also the founder of LightningWorks, a blockchain-based media company and NFT that uses Divi as its primary payment method.

Michael Greenwood previously served as CTO at Divi, but left the platform in 2019 to take up other business. He is an experienced software engineer who has held several prominent positions at major firms (including Microsoft) and has a wealth of experience in user interaction (UX), artificial intelligence and security.

Nick Saponaro was previously the lead developer of the complete Divi stack, but in January 2019 he was promoted to IT director - a role he fulfills to this day. Nick is responsible for managing Divi's blockchain and smart wallet development teams, applying his expertise as a developer to achieve Divi's strategic goals.

What makes Divi unique?

Divi describes itself as an innovation designed to address some of the “biggest and most lucrative problems in the cryptography world.” To this end, it has implemented several unique features that help highlight it among other projects.

These include the Divi Smart Wallet, a UX focused wallet that supports several cryptocurrencies including DIVI, Bitcoin (BTC), Bitcoin Cash (BCH) and Ethereum (ETH). This is designed to eliminate most user errors, making it suitable even for inexperienced users of cryptography.

Divi has also made it easier for users to be able to contribute to network security and receive rewards with a one-click masternode setup tool. Divi masternodes are available on several levels and have simple cost graphs. Top-end masternodes can generate 25.8% per annum.

Alternatively, users can simply use the stacking on their Divi to earn rewards that are paid by the network. As of February 2021, at least 10000 Divi are required to receive stacking rewards. 

How many Divi (DIVI) coins are in circulation?

As of February 2021, there were 2,138,562,495 DIVI DIVI coins in circulation, with the missing maximum offer. 

How is Divi network protected?

Divi is built on the Pro-of-Stake (POS) blockchain, which uses a combination of masternodes and stacking to ensure network security.

In addition to standard network security, Divi also takes steps to ensure the security of users and their funds at the level of a separate wallet. This is achieved by embedding several layers of security into its Smart Wallet product, including biometrics, multiple signature capabilities, and a private key recovery service. 

Summary

  • To own your crypto assets, you need to manage your own private keys.
  • Ledger hardware wallets make private key management easy and secure.
  • Each unique 24-word recovery phrase creates a new set of private keys.
  • Make sure you secure your 24-word recovery phrase properly.
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