DIVI Project: Getting Closer To the Cryptocurrency Mass Adoption
What Is Divi?
Divi is a blockchain and smart wallet that aims to bridge the gap between the crypto world and the general public in order to encourage widespread cryptocurrency adoption. Found online at DiviProject.org, the platform aims to make crypto easier for the masses to use.
The Divi Project is here to solve the biggest and most common dilemma in the crypto world: mass adoption by average people. There are too many people now who avoid it cryptocurrency. Let's face it crypto world is too technical, uninteresting and complicated. "It's not PayPal-easy," as Divi's advisor, Tim Sanders, said.
The Divi solution offered the most user-friendly cryptocurrency wallet, called Divi Smart Wallet. This Smart Wallet is being designed to remove all the "pain points" that currently prevent most people from getting excited about cryptocurrencies. The design-first focus benefits from the team’s experience and deep understanding of User Experience (UX) and is shown through the expertly integrated user interface which makes if very convenient to use. Divi Smart Wallet is even easier to use as traditional online payment methods.
The Divi Project also leveraged its own blockchain solution. The blockchain that provides new types of transactions. It allows people to make private, instant transactions with unique usernames, instead of impossible-to-remember crypto addresses. The username will also have social features – like the ability to add photos, skins, “pockets”, and more. The username system will be used on the Divi blockchain and wallet.
“By including names, emails, photos, logos, and other identifying data connected to each account address, we’re able to add an element of socialization and security to reduce user error and thus take away the fear of making mistakes or losing your money.”, Says Divi's co-founder, Geoff McCabe.
How Divi Works?
The Divi platform is built on a new custom blockchain that stores names and metadata along with transactions. While most of the popular blockchain networks and cryptocurrencies don’t exchange much information during a transaction – you just know the receiver’s wallet address – with Divi’s wallet, each transaction will include additional information. This will allow the wallet to connect and identify the receiver of funds to be sent, displaying a photo or logo and other information that adds an additional layer of security.
That “additional layer of security” refers to the fact that users can avoid sending funds to the wrong place. Today, if you send money to a bitcoin address, and one character is incorrect, then your funds could be lost forever. With Divi, you can see the basic profile information of the person receiving your money.
One of the key features behind Divi is the masternode technology with a one-click setup, called "MOCCI" (Masternode One Click Cloud Install). MOCCI provides a way for users who do not want to run a masternode at home to easily set one up on the much faster cloud servers from Amazon, Microsoft, and others. This way average users with no technical background can participate in a cryptocurrency network as full nodes. Simplicity of owning a masternode is the first step towards Divi's vision of making cryptocurrencies safe, user-friendly, and accessible to everyone on earth.
In order to get the masternode, users have to pay for the service fee in DIVI coin. There are five options of participation with increased chances of winning a block, starting with; copper (basic), Silver (+5%), Gold (+10%), Platinum (+15%), Diamond (+20%).
In addition, another innovative feature of Divi Project is “Lottery Blocks.” Divi’s lottery block technology aims to secure the Divi network. 11 participants can win up to 5,000 DIVI every week. To qualify, users must have an actively staking a minimum of 10,000 DIVI in Divi wallet. The winnings will be deposited directly into users’ wallets.
Divi's Benefits
Divi advertises all of the following benefits in its “smart wallet”:
- Easy to Use: Divi is designed for mass adoption, which is why ease of use is a key goal. Divi replaces confusing, hard-to-remember addresses with an intuitive username system.
- Earn While You Sleep: Users can put their coins to work while they sleep. They can stake them on a masternode. The more you stake, the more DIVI tokens you receive in return. It’s like storing your coins in a savings account.
- Decentralized Marketplace: Divi users can take control of their coins by selling goods and services in the market. This feature is only available to DIVI holders.
- Live Community: The Divi community allows users to engage with blockchain experts and community members 24 hours a day, 7 days a week.
- Masternode System: Divi describes its system as “the world’s first tiered masternode system”. This system encourages users to hoard and buy more DIVI to increase their earnings.
- New Ways to Transact and Manager Money: Divi aims to be more than just a wallet. It has a vaulting feature, a savings account feature, multiple pockets, and ways to automatically split incoming funds between partners.
- Credit Card: Divi plans to issue a credit card or debit card that’s directly connected to your Divi wallet.
- Multi-Sig Support: Divi’s smart wallet will have multi-sig support, which means the ability to require multiple signatures on each transaction made with the wallet.
Who’s Behind Divi?
Divi was founded in 2016. The DiviProject.org lists a team with 12 core members.
Geoff McCabe is the Chief Executive Officer and his profile suggests that he is a serial entrepreneur and leader of several startups, with up to $12 million in yearly sales and over 1000 employees. Chief Technology Officer is Michael Greenwood, who is described as being a creative leader in the software industry with over 20 years of development and design experience. Nick Saponaro is the Chief Information Officer, He has years of experience investing in cryptocurrency, and an expert in web programming.
The other job titles in the team include Full Stack Developer, Smart Wallet Developer, Global Marketing Consultant, Video & Social Media Marketing Consultant, Administrator, Public Relations, Lead Penetration Tester, and Bockchain Security Engineer.
Additionally, the advisory board includes people like former Yahoo Chief Solutions Officer, Tim Sanders. Tim is an expert in sales processes and new media. There are diverse connectors like Toni Lane Casserly, ex-CEO of CoinTelegraph and the driving force behind the Blockchain Nation Movement, and known as the “Joan of Arc of Blockchain.” Noted futurist Ramez Naam, winner of Phillip K. Dick award for best Sci-Fi novel, is on the advisory board too.
You can check Divi full team member on DiviProject.org
Conclusion
Divi is a brand new blockchain that aims to combine multiple blockchain features into a single platform while improving on multiple aspects of the technology. The overall goal is to create a blockchain and cryptocurrency that appeals to a mass audience.
A key part of that goal is Divi’s development of a smart wallet, a wallet with unique savings features and a multi-tiered masternode system on the Divi blockchain. That wallet – and the blockchain – will attach profile information to each transaction. Instead of sending money to an anonymous bitcoin wallet address, you can send it to a verified profile with personalized characteristics.
To learn more about Divi, visit the company online today at DiviProject.org.
Project Contact Information
Website: https://diviproject.org
Whitepaper: https://wiki.diviproject.org/#whitepaper
Wallet: https://diviproject.org/downloads
Twitter: https://twitter.com/diviproject
Blog: https://blog.diviproject.org
Announcement Channel: https://t.me/diviannouncements