Dymension is a modular blockchain designed for RollApps, which are application-specific rollups. Its primary functions include serving as a settlement layer for RollApps and providing a RollApp Development Kit (RDK) for creating and developing permissionless RollApps.
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Dymension
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Dymension is a multi-layer protocol that hosts high-performance blockchains called RollApps. These RollApps are modular execution environments, allowing anyone to create and deploy their own dApps on top of Dymension’s settlement layer. The ecosystem is driven by the Dymension Hub, enabling diverse applications and efficient data management.
Dymension is a decentralized Delegated Proof-of-Stake Layer 1 blockchain that facilitates the deployment of modular blockchains known as RollApps. Acting as the ecosystem's back-end, Dymension secures these RollApps and provides bridges for seamless user interactions, including deposits, play, and withdrawals. The platform also features a decentralized exchange for trading RollApp tokens and ensures data availability through decentralized networks, similar to how databases support web applications.
Currently, you can buy USDC and DYM through Kado to your self-custody wallet.
Yes, Dymension is secure for conducting transactions due to its Delegated Proof-of-Stake (DPoS) consensus mechanism, robust validator network, and the use of Inter-Blockchain Communication (IBC) for secure fund management. Additionally, it employs advanced security measures such as fraud proofs and data availability protocols to ensure the integrity and reliability of transactions.