PAX coin ǀ Purpose and development Background

About PAX COIN:

PAX COIN is belonged to the route of virtual money 2.0, the route where encrypted money participates to day by day life. Virtual money 2.0 incorporates the technology of block chain to allow complete reliability, cost and time savings in inter - corporation, inter - personal and inter - State trades and deals. PAX COIN has the greatest protection and reliability and is the most excellent encryption money which does not need trading exchange among companies, states, individuals, corporations, via the establishment of payment - settlement ecosystems.

Purpose and development Background

In order for Crypto money to have a sturdy vitality and to build its own system, a lot of contributors have to join and be capable to actually utilize them in asset mining, utilize and trading it in actual life. To be capable to do this, the Block chain The network have to be maintained dependably, and lots of general contributors should be capable to actively contribute in mining to have a precious digital currency at a less cost.

PAX Coin has been created to be the most appropriate for the creative purpose of encryption money. PAX Coin is backed on the most steady platform, BTC, and has superior performance than LTC (Litecoin) or VTC (Vertcoin) etc. PAX Coin has reduced the concentration of token or coin mining by huge mining tools manufacturers or multi-pool asset miners and has allowed crypto miners to be rightfully mined.

This will offer opportunities for every miner to contend fairly, allowing more contributors to advantage from asset mining. This will make a healthy PAX Coin system and permit more users to purchase and sell things with PAX Coin, and creating PAX Coin even more precious.

In addition, the expenses generated via the deal have been distributed similarly among the asset mining contributors around the world, laying the base for more people to contribute in digital asset mining.

Technological description

PAX Coin was made based on the BTC platform, which is securing paramount protection and security, and by keeping compatibility with the BITCOIN (BTC) API, it is trouble-free to integrate into existing apps supported by BTC.

PAX Coin applied the established Scrypt encryption system in Doge coin and LTC. Also, in order to decrease the long block arrangement time, which is a setback of BTC, it comprehensive the block size to two mega bytes and implemented the contract time to less than the only minute.

Decentralization method and complete supply

The whole issue volume of PAX Coin is 8.8 billion coins and 25 percent of them were mined to 2.2 billion coins and the remaining 6.6 billion coins are developed to be mined over the next hundred years, Reward each block is 125ea. Asset Mining has been designed to support the presently popular GPU and CPU mining techniques and provides asset Mining Pool and Explorer also.

Mobile and PC wallet (Native Discussion)

PAX Coin's virtual wallet offers the Native Wallet that doesn't need administrator to manage based on the code of "Do not permit the 3rd party intervention", the basic viewpoint of digital money, and securely manage your digital assets in any case Source code community To make sure the consistency of PAX Coin, Nov 14 / 2017, PAX Coin's Source the code was launched on its most dependable source code public website, Github.

Want to learn more about the PAX Coin, follow these official links below:

Website: https://www.pax-coin.io/
Whitepaper: https://www.pax-coin.io/download/PAXCoinWhitepaperEnglishv1.pdf
Telegram group: https://t.me/PaxCoinChat
ANN: https://bitcointalk.org/index.php?topic=5061285
Bounty threads: https://bitcointalk.org/index.php?topic=5061623

Bitcointalk username / PAX address: lxjtian / PRJQVi9Aa3P4pkANeWWvpWDZRY6eA3fgwL