FAQs
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DIAM, the native digital asset of Diamante Blockchain, is a utility coin that operates on the Diamante Net blockchain network. It is designed to provide a secure, fast, and efficient way to conduct transactions and gain access to the Diamante ecosystem.
DIAM is recognized by FINMA, the Swiss Financial Market Supervisory Authority.
DIAM Coins are currently available for purchase through the private sale, with the option to later buy them through peer-to-peer exchange platforms. However, please note that DIAM Coin is a utility coin and should not be purchased as an investment.
No. The feature is temporarily available.
Yes. You can send DIAM to your friends or family using the DIAM Wallet or PayCircle application built on the Diamante Net.
Post-private sale, you can buy DIAM through P2P exchange platforms.
No.
As a utility coin, DIAM Coins can be used to pay for transaction fees and other services within the Diamante Net platform.
DIAM Coin is designed to be faster, more efficient, and more secure than other cryptocurrencies. As a utility coin, it has specific use cases within the Diamante Net platform, including payment for transaction fees and other services.
DIAM can be utilized across a range of Diamante Net applications such as PayCircle, MudraCircle, MetaCircle, Pragya, Vastra, etc. It offers cross-chain interoperability and is easier to use across leading networks such as the Ethereum and Binance Smart Chain.
DIAM is widely accepted by global banks, currency exchanges, payment service providers, and corporate houses.
Diamante Net is a proprietary blockchain network enabling individuals and communities to transact and communicate without relying on a central authority. It allows users to build dApps and innovative platforms, ensuring high security and scalability.
Every action on the Diamante network requires a certain amount of computational power, and the fees are paid in the form of DIAM. As a result, users need at least a small amount of DIAM to gain access to the network.
Diamante Net is a Hybrid ecosystem that enables the secure transfer of assets between counterparties using a Multi-Sig Ledger.
Increased efficiencyThe network’s clustered ledger technology is capable of lightning-fast processing, supporting 10 million daily transactions.
AccessibilityDiamante Net’s development framework enables institutions and developers to build future-proof dApps at scale
Low maintenance costsDiamante’s lightweight network uses Vector Storage and HA Sharding mechanism, ensuring low maintenance cost.
The network settles financial transactions in 2-4 seconds with a 1000+ node environment.
ScalableOffers high performance of 7500 concurrent transactions (TPS) and scalable up to 10 million transactions a day
InteroperabilityThe network shares compatible consensus mechanisms with leading peer networks.
SupportiveIt is favorable for pioneering enterprise applications and CBDC initiatives.
Diamante Net is built on a secure and decentralized blockchain network, which means that it is highly resistant to hacking and fraud. Our platform uses advanced security measures to ensure the safety of your transactions.
No government or company controls Diamante Net. This infrastructure makes it nearly impossible for anyone to stop you from using services through the Diamante ecosystem.
DIAM wallet lets you store, send, and receive DIAMs and its supportive tokens like Ethereum (ETH), Tether (USDT), USD Coin (USDC), and Binance Coin (BNB).
DIAM Wallet uses advanced security measures to protect users' assets, including multi-factor authentication, device verification, and encryption. Additionally, the wallet is non-custodial, meaning that users have full control over their private keys and funds.
To set up a DIAM Wallet account, download the app from the App Store or Google Play Store and follow the instructions to create a new wallet. You will be prompted to create a strong password and back up your recovery phrase.
DIAM Wallet supports a variety of cryptocurrencies, including DIAM, Ethereum (ETH), Tether (USDT), USD Coin (USDC), and Binance Coin (BNB).
There is no transaction fee.
As long as you have your recovery phrase, you can restore and access your DIAM Wallet account by downloading the mobile application. Simply download the app from the App Store / Play Store and enter your recovery phrase to restore your wallet.
If you lose your recovery phrase, you will not be able to access your wallet or recover your funds. It is important to keep your recovery phrase in a safe and secure location.
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