Buy Destra Network (DSYNC)
What is Destra Network?
Destra Network is a decentralised platform that aims to optimise AI computation efficiency by integrating a cloud solution with a GPU network. Utilising DSync technology, it focuses on content-based data storage and retrieval to ensure data permanence and distribution. Key components of the network include IPFS, ENS, Destra Nodes, and Decentralised DNS, which collectively provide a decentralised infrastructure for various web services and applications.
How does Destra Network work?
Destra Network operates on a multi-layered blockchain system anchored to Ethereum. It implements a Proof of Sync consensus mechanism to maintain node synchronisation and data integrity. The network features various nodes—validator, service, and client nodes—each performing specific roles like processing transactions, offering decentralised services, and interacting with the blockchain. The network uses smart contracts for managing its native cryptocurrency (DSYNC) and supporting economic activities, ensuring a fair distribution of rewards based on resource contributions.
What are the potential use cases for Destra Network?
Potential use cases of Destra Network span multiple industries, including:
- Decentralised Computing: Facilitating AI model training and big data processing.
- Decentralised Storage: Ensuring data permanence using IPFS for applications requiring secure storage.
- Web3 Development: Providing infrastructure for decentralised applications through a decentralised DNS.
- AI and Cloud Computing: Offering scalable solutions for AI computations and cloud services.
- Partnerships and Collaborations: Working with entities like Ankr and Asphere to enhance decentralised computing and blockchain scalability.
What is the history of Destra Network?
While specific historical details about the founding team or early development are limited, Destra Network has established itself as a notable player in the decentralised cloud and GPU network space. The platform is recognised for its innovative approach to data storage and retrieval and has seen significant growth in market adoption. Noteworthy achievements include the development of a robust decentralised infrastructure and the establishment of strategic partnerships to enhance its capabilities. Destra Network's strong market performance and technological advancements suggest continued growth and influence in the blockchain domain.
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Frequently Asked Questions (FAQs)
What is the current price of Destra Network (DSYNC)?
The Destra Network price is $0.52979685 AUD, representing a -5.42% from the day prior.
Where is the best place to buy Destra Network (DSYNC) in Australia?
The best place to buy Destra Network (DSYNC) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Destra Network (DSYNC) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Destra Network (DSYNC)?
The trading volume of Destra Network (DSYNC) is $7.3M AUD in the last 24hrs, representing a -5.42% from the day prior.
How can I buy Destra Network (DSYNC)?
Destra Network (DSYNC) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Destra Network (DSYNC)?
The current market cap of Destra Network (DSYNC) is $505.0M AUD.
Can I convert Destra Network (DSYNC) to cash?
Yes - With Coinstash you can convert your Destra Network (DSYNC) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Destra Network (DSYNC) are there?
The current circulating supply of Destra Network (DSYNC) is 968.9M.
Is Coinstash a safe place to buy Destra Network (DSYNC) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Destra Network (DSYNC) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.