#### What is Decimal? Decimal (DEL) is a [blockchain](https://www.coinbase.com/learn/crypto-basics/what-is-a-blockchain)-based platform that aims to simplify the creation and use of [tokens](https://www.coinbase.com/learn/crypto-basics/what-is-a-token). Launched on August 1, 2020, DEL is the native token of the Decimal blockchain. It operates on a [peer-to-peer](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/peer-to-peer) basis, meaning transactions occur directly between network members without the need for intermediaries. DEL is a key component of the Decimal ecosystem, serving as the reserve currency. Unlike some [cryptocurrencies](https://www.coinbase.com/learn/crypto-basics/what-is-cryptocurrency), DEL does not require substantial electricity costs or expensive equipment to perform mathematical tasks. Instead, new DEL tokens are generated as rewards for [validators](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/validator-) who contribute to the creation of the Decimal blockchain block. For end users, DEL strives to provide a user-friendly value exchange tool and a straightforward token constructor, making it accessible to internet users and entrepreneurs of all levels. #### How does Decimal work? Decimal operates on a blockchain and token constructor model. The Decimal blockchain's base cryptocurrency is DEL, which is generated as a reward to validators for their contribution to the creation of the Decimal blockchain block. Validators receive a reward, which is then [distributed](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/distributed) among those who have bonded their coins to them. This process aims to incentivize participation in the network. The Decimal blockchain is built on the Cosmos SDK, a solution designed to ensure secure and reliable network interaction between nodes and consensus among the nodes involved in block formation. This construction allows Decimal to be compatible with all blockchains in the Cosmos Network. #### What are the potential use cases for Decimal? Decimal aims to provide a simple constructor for creating any tokens, including liquid, illiquid, [stablecoin](https://www.coinbase.com/learn/crypto-basics/what-is-a-stablecoin), and [NFT](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/nft) tokens. Users can create a token on the DecimalChain designer without technical skills or the need to download or install additional software. The Decimal network can be used to translate their tokens. Decimal also seeks to offer advanced developments in the blockchain industry, such as asset tokenization, instant payment, user identification, confirmation of ownership rights and authenticity of documents, tracking of goods through supply chains, automatic execution of contracts, and fair voting, among others. This wide range of potential use cases makes Decimal a versatile tool in the blockchain space. #### What is the history of Decimal? Decimal was developed by the BitTeam and Crypton development teams. The Decimal blockchain was created based on the Cosmos SDK, a solution designed to ensure secure and reliable network interaction between nodes. The DecimalChain team continuously improves the platform based on decentralized voting of network validators and adds new features. The total number of DEL is limited at 94 billion coins, with the possibility of increasing the total emission if the network validators vote in favor of this decision. The Decimal blockchain has a large community of enthusiasts, including users and other products created by the BitTeam team.