Technical Description about PAX COIN

in #newicos5 years ago (edited)

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PAX COIN (digital money) was created on the BTC ecosystem, which is securing most excellent protection and safety, and by holding compatibility with the BTC API, it's completely simple to integrate into existing apps (applications) supported by BTC.

PAX COIN utilized the proven Script encryption technique in DOGECOIN and LTC. Also in order to eliminate the extensive block chain formation time, which is an issue of BTC, it extended the block chain size to two MB applied the deals time to less than sixty seconds.

Complete Supply, Mining technique, and Decentralization

The complete issue of the figure of PAX COIN is 8.8 billion and over 25 percent of them were mined to 2.2 Billion and the remaining 6.6 Billion coins are developed to be mined over the next hundred (100) years, reward each and every block is 125 EA. Mining has been created to support the presently well known GPU and CPU mining techniques and offers explore and mining pools also.

PC and Mobile Wallet

PAX COIN virtual wallet gives the native wallet which doesn't need admin management based on the law of do not let the 3rd person intervention, the basic philosophy of virtual coin, and securely manage your coins in any case.

Background and Purpose

In order to virtual coin or digital coin to have robust vitality and develop its own method, several users must take part and be able truly to utilize them in coin mining, dealing, transacting and contributes in actual life. To be capable to do this, the block chain the system have to be maintained consistently, and a lot of general users should be capable to actively utilize in asset mining to have the precious virtual coin at a lower cost.

The PAX COIN has been developed to be the most suitable for the actual matters of encryption asset. PAX COIN is backed on the most stable system currently in world, BTC and greater performance than any other. PAX COIN has eliminated or reduced the concentration of token or coin mining by huge mining tools creators or many asset pool miners and has permitted coin miners to be similarly asset mined.

This'll provide the options for each and every asset miners to compete fairly, letting more users or consumers to benefit from asset mining. This'll develop a robust PAX COIN system and ecosystem and allow more consumers to trade (sell and buy) things with a digital coin (PAX COIN), building even more precious. Moreover, the commissions is made via the buy - sell have allocated equally between the mining contributors around the universe, laying the foundation for more and more people to take part in currency mining.

Final words about the PAX Coin

PAX COIN goals to break the economy service industry framework by creating a block chain tech based on banking service able to offering smart banking solutions while decreasing the figure of collaborators. This will also eliminate bank expense, for end consumers. The PAX COIN now in the Initial coin offering fundraising stage for the sale of PAX.
The ICO terms will take place on the official website (https://www.pax-coin.io/)

Further useful links :

• Official Web site: https://www.pax-coin.io/
• Whitepaper: https://www.pax-coin.io/download/PAXCoinWhitepaperEnglishv1.pdf
• ANN: https://bitcointalk.org/index.php?topic=5061285
• Twitter: https://twitter.com/Pax__Coin
• Facebook: https://www.facebook.com/Paxcoin/
• Telegram Group: https://t.me/PaxCoinChat
• Bounty: https://bitcointalk.org/index.php?topic=5061623.0

Bitcointalk username: eiya96
PAX address: PN6m3YMMRosWbQxQFTEDJSthmathzqmJBN

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