Deimos is a peer to peer cryptocurrency with no ICO, no Pre-mine, and no Developer-fee per block. All the developer’s coins were fairly mined along with everyone else. Deimos is a fairly launched blockchain project, secured by a combination of five algorithms Proof of Work (PoW) consensus mechanism, focusing on fast payments for goods and services online (e-commerce integration) with nearly zero fees from anywhere in the universe.
Deimos foundation believes in a strong, fast, and reliable network to provide stability and the assurance that the underlying coins are legitimate and untainted by a malicious third party. This is the foundation of this project. As the network grows in security (more hash is put onto each algorithm), the focus will be shifted towards implementing real-world use cases where-by giving each user the ability to send/receive Deimos in their everyday life from wherever they may be in the universe.
The first real-world application is a website being developed called deimospay.com, where owners of online e-commerce sites will be able to easily accept Deimos coins as payment and exchange them for fiat. This includes USD/EUR/DGB/LTC.
Estimated beta launch for the website is within two weeks. Furthermore, on the horizon is building tools to allow for easy integration into e-commerce shopping platforms such as WooCommerce for WordPress, Opencart, Prestashop, Whmcs and more. These are some of the most widely used e-commerce platforms available. Deimos can be integrated in less than half an hour with very little technical expertise.
If you’re able to manage your e-commerce site’s back-end office, you’ll be able to install Deimos module/plugin that will allow you to start accepting Deimos immediately. If you’re a miner, please come mine some Deimos today on any of our algorithms and for a faster accumulation of Deimos, you can mine multiple algorithms at the same time (since the algorithms do not compete against each other).
Currently, you can mine on any of the following algorithms: SHA256D/SCRYPT/GROESTL/SKEIN/QUBIT. If you’re a GPU miner, focus on groestl/skein as those are without asics and nicehash. We believe that one day in the future, Deimos will be used to make efficient and secure interplanetary purchases. For now, we’re focusing on Earth based online transactions.
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