What problem does this service solve?

PIRL's community focused blockchain aims to be an intuitive and easy to use platform that will make decentralized technologies more accessible.PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network.

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Company Description

PIRL is a community based blockchain project focused on making cryptocurrencies more accessible. It was the first blockchain to introduce an Ethash-based masternode. Their goal is to develop a comprehensive DApps hosting infrastructure that will be easy to use. Their Poseidon platform is designed to be an on ramp for users without any technical knowledge. PIRL's multi-tiered masternode network has an ASIC-resistant Proof-of-Work (PoW) consensus mechanism, and is powered by the PIRL coin. The company plans on developing features, such as: decentralized file storage, messaging, and escrow services for payments.

PLATINCOIN is a Proof-of-Stake coin that is minted instead of mined. Users participate in managing the network by renting hardware space from the project organizers for a period of 36 months. These computing resources will drive the PoS consensus, and the users that rent the hardware will be rewarded with newly minted PLC coins.

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