Dimecoin is a decentralized blockchain for transferring digital money fast and without fees. Created back in 2013 as a payment ecosystem, it offers financial products and services that allow peer-to-peer (P2P) transfers and cheap global remittances. Dimecoin uses the Proof of Work (PoW) protocol.
Its native cryptocurrency DIME is a mineable coin, built using the Quark Algorithm and upgraded in 2019 to prevent a 51% attack. The coin ranks below the top 3000 biggest digital assets and has over 555 billion total supply.