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DeVault (DVT) is a scalable, peer-to-peer digital currency that aims to provide financial sovereignty to banked and unbanked individuals. Built upon a fork of the Bitcoin blockchain network, DeVault enables fast worldwide payments, with most transactions arriving in under 60 seconds. With a focus on sustainability and growth, DeVault offers a unique on-chain rewards system called “cold rewards,” where community members can start earning by simply holding 25,000+ DVT for a specific period. The project is governed by a community DAO, allowing participants to have a say in its future through a 1 coin = 1 vote system.
One of the key features of DeVault is its self-funded model, where all funding comes from within the blockchain. This ensures 100% auditable and transparent funding, which adjusts to the current ecosystem. DeVault also emphasizes the cash-like capability of digital currencies, as they can be exchanged using paper wallets or sent peer-to-peer, similar to traditional cash transactions. The project utilizes a hybrid consensus mechanism, combining Proof of Work (PoW) and Proof of Stake (PoS), leveraging the best of both worlds to create the most coins and invest in the community.
To get involved with DeVault, users can acquire DVT through various exchanges while being mindful of storing their funds in self-custody wallets like DeLight or the DeVault Core wallet. The project welcomes individuals to join their community, contribute to the development, and help build the DeVault economy. With a user-friendly interface and rewarding nature, DeVault strives to be a superior alternative digital currency that empowers individuals and promotes financial inclusivity.
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