PascalCoin
by Pascal
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PascalCoin increases transaction speeds by eliminating the need for all nodes in a network to maintain the entire blockchain history.
Company Details
- Pascal
- https://www.pascalcoin.org
- Founded 2017
- Deletable Blockchain
Token Stats
About PascalCoin
PascalCoin is the first blockchain that can be deleted, and reduces the dependency of the entire blockchain history to verify transactions. It is a Proof-of-Work (PoW) cryptocurrency that places a strong emphasis on achieving the same level of scalability as credit card networks such as VISA. Pascal's architecture is based on an innovative cryptographic structure called the SafeBox. It facilitates faster transactions by storing account balances separately from the blockchain. The SafeBox only uses the last 100 blocks on the chain to update transaction history. This allows the network nodes to synchronize much faster while preserving the security of the blockchain, and reducing the computing resources needed to maintain it.
PascalCoin also enables simplified account naming to make it easier to transfer funds.