Paccoin PAC

$0.0011
Market Cap $ 5.286 MM (#402)
24h Volume $ 21.138 K
Chg. 24h: -19.18%
Algo. score 3.5/5  (#202)
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Paccoin project purpose and description

Paccoin clarity of purpose

Paccoin purpose and aspects

PacCoin offers a P2P currency just like Bitcoin to ensure transfers without the use of a third party. Also, it is designed to be highly ASIC resistant so as to ensure the mining process is widely distributed.

Paccoin categories

Digital currency

Short description

C$PAC is a third generation cryptocurrency that aims to become the world's first community governed digital currency.

Abstract

$PAC introduces a revolutionary set of changes to the cryptocurrency world. Although Bitcoin provides pseudonymous transactions in a public ledger, the network provides nearly no privacy. Recent times have shown that Bitcoin's current network is unable to sustain affordable transactions that can be confirmed in a reasonable time. $PAC however, solves both the transaction and privacy issues that Bitcoin suffers from whilst also allowing users to provide the same dual Proof of Work (PoW) and Proof of Service (PoS) design of $PAC.

Link to Roadmap: https://bitcointalk.org/index.php?topic=3047868
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