Paw.digital

wareng9 (25)in #paw • 3 years ago

Hello my dear followers , Today i will Explain paw.digital website .

So Let start Explaining this Great website :

What is paw.digital ?

PAW is a decentralized digital currency that offers near-instant settlement (<1 sec) and energy efficient transactions.
It's also building on a new reward model that allows for rapid growth of the network while using TGS for consensus.

Proof-Of-Growth Reward Model
The mining free reward model that incentivizes network growth
Unlike Proof-Of-Work which incentivizes the network growth indirectly through block rewards, Proof-Of-Growth is directly incentivizing the network growth. Similar to mining, every 10 minutes a new PAW reward is being made available and shared among all participants who contributed to the network growth in various form ( e.g. content creation, the invitation of others or operating a tribe ).

No exclusion through powerful miners, lack of technical knowledge or resources.

Everyone contributes to network growth

No winner takes all. Everyone gets a reward in propotion to their contribution

Even distribution of the supply until 2025

Fewer participants will result in higher rewards for each participant. More participants will result in fewer rewards for each participants.

The reward amount every 10 minutes is fixed and with more people joining the rewards each participant can earn continues to shrink.

PAW Features

Tribe Gather System (TGS) aka DPOS
Fast transactions with little energy expensure
TGS is a consensus model in which users pick a tribe that will decide on their behalf on the legitimacy of a transaction.

For every transaction tribes will gather and decide if a transaction is valid. The transaction will be added to the network when 67% of the tribes agree on the validity.

A tribe's decision weight is determined by the amount of PAW it represents.

TGS does not require mining and therefore comes with many advantages: e.g. very little energy usage and fast confirmation of transactions.

The Paw-Universe!
Pick your pawnimal and join the PAW-niverse.
The PAW-niverse is constantly expanding.

Series 1 comes with a selection of 12 paw-nimals.

Each pawnimal can come in a different color.

Tokenomics
PAW's distribution model:
Total Supply: 340B PAW

80% - 272B Coins: Proof-Of-Growth Rewards
10% - 34B Coins: Expenses
10% - 34B Coins: Team

Expenses include: exchange listings, servers and other bills
Team: pays for the continous development and is split among all team members.

There are no presales or airdrops to reduce any unnecessary sell pressure.

Get Your PAW Wallet
https://wallet.paw.digital/
https://play.google.com/store/apps/details?id=co.pawdigital.wallet&pcampaignid=pcampaignidMKT-Other-global-all-co-prtnr-py-PartBadge-Mar2515-1

Proof-Of-Growth