Dragonchain is a hybrid blockchain that is not mineable. But you can purchase it on Bancor Network, Coin Exchange, EtherDelta, Gate.io, KuCoin, and Token Store exchanges.
In addition, the dragonchain marketplace is a decentralized exchange wherein smart contacts and other services related software development, legal, marketing and recruiting can be exchanged with the Dragonchain currency named as Dragon Tokens.
As of now the circulating coins of DRGN or Dragonchain is 238,421,940 DRGN.
Dragonchain was developed at Disney’s Seattle office in 2015 and 2016 as the Disney Private Blockchain Platform. The W3C community Group documented and explored over 20 use cases and applications of Dragonchain. Then the platform was later released as open source software under the Apache 2 license in October 2016.
Eventually, a Non-Profit Corporation was created named as The Dragonchain Foundation in January 2017 to maintain the ownership and responsibility of the open source code.
On the other hand, dragonchain simplifies the incorporation of real business applications on a blockchain that provides features like protection of business data and operations, currency agnosticism, easy integration, and multi-currency support.Furthermore, the Dragonchain team is now in the process of launching the commercial unit to build a server less architecture blockchain platform.
What makes it Different?
The team behind the creation of Dragonchain includes many characteristics for the DRGN platform and ecosystem that gives an advantage over other systems. Since it is coined as a hybrid system, it allows businesses to have their own chain and get an enterprise consensus every step of the way based on their chosen public blockchain(s).
In addition, Dragonchain also stands out through its ability to support more than one currency on a single chain and the fact that you don’t even need to use actual currency. The architecture of this platform supports controlled exposure of smart contact logic and sensitive business data. Lastly, the server less nature of this commercial platform allows powerful yet simple scaling.
Who is behind Dragonchain DRGN
The people behind Dragonchain were the Dragonchain team composed of 8 members with Joe Roets as their CEO and Chief Architect. He formerly worked at Disney but left his job to fully commit to the development of the DRGN platform. Joe Roets is also known for his involvement in Coinbase and Overstock projects.
On the other hand, the rest of the team has four core developers and three business/marketing professionals. In addition, the team also has a strong advisor including Jeff Garzik and Ed Fries.
The platform that is developed by the team is a server-less platform that has a built-in protection for all business data. This protection makes it possible to be friendly for developers, whether you prefer C#, Node, Java or python. They also include Dragonchain Incubator where new projects are developed. The Source code for this platform was built through the use of python programming language.