RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

BETA VERSION

$0.00667485
Day Change: -8.71%

PCHAIN (PAI)

PCHAIN (Ticker symbol: PAI) is brought to you by the same team who did the first financial blockchain transaction in China. It is the 1st native multi-chain system - main chain with child chain - in the world with the features required to support the Ethereum Virtual Machine (EVM). The main features include: multi-chain, sharding pipeline, smart data and non-native token supported, cross chain smart contract. PCHAIN makes use of a new consensus algorithm that makes interoperability with the child chain possible. This is to ensure high speed, high quality consensus involving thousands of nodes as validators. This new algorithm is called “PDBFT” where “P” is in reference for PCHAIN and “D” to the BFT algorithm that is distributed. PCHAIN can be used in large scale blockchain applications, including but not limited to digital asset transactions, rule setting for games in order to eliminate cheating, trackable social networking, etc.
  • Website

    outlink
  • Market Cap

    3,077,107.14

  • Volume (24h)

    4,785.56

  • Circulating supply

    461,000,000

  • Algorithm

    ETH Token

  • Start Date

    24 May, 2018

PCHAIN Price Chart

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PCHAIN Historical Data

PCHAIN Price on Different Markets

PCHAIN Review

PCHAIN is a native, multi-chain system and the first in the world to support the Ethereum Virtual Machine (EVM). It makes interoperability possible between main chains and child chains (side chains). This while maintaining smart contracts that are immutable, free of data corruption and can support non-native tokens. In addition, it is secure and there is zero downtime. This makes the deployment of multi-chain, industrial or large-scale applications of smart contracts possible. Otherwise it would not be possible or feasible – as there would be no multi-chain solution to provide the capacity and features required for this to happen.   

Why is the PAI token needed? The PAI token was issued as an ERC20 token. Once the PCHAIN ecosystem is fully launched, it will be migrated to become the native and primary token on the PCHAIN Network - an integral part of the PCHAIN ecosystem. The main purposes of the PAI token include:

  • The PAI token is to be used as a utility token that will be required to make use of the PCHAIN Network.

  • The PAI token will make cross-chain transactions possible, including transactions between side chains.


The PCHAIN coin (Ticker symbol: PAI) can be purchased at various crypto exchanges, including Bibox, Bilaxy, Hotbit, IDEX, DDEX, Dex.top and the Switcheo Network. PAI coins or tokens, the ERC20 ones, can at this stage be stored in any ERC20 compatible wallet (e.g. MyEtherWallet).

If successful, the PCHAIN Network or platform will make it possible to use smart contracts across multiple blockchains. It will for one be fully compatible with the Ethereum Virtual Machine (EVM) and the benefits it brings (see above). The PCHAIN Network will enable:

  • Inoperability across multiple chains or blockchains (between both main chains and side chains) and smart contracts that support both native and non-native tokens (BCH, ERC20).

  • High performance transactions using a sharding pipeline or mechanism that has multiple layers and is proof of stake (PoS) based.

  • Easier encapsulation of smart contracts by making use of a new Oracle mechanism that is W3C compliant.


PCHAIN will be EVM compliant and enable smart, multi-chain smart contracts and transactions. The PCHAIN coin, a utility coin or token, will form an integral part of the PCHAIN ecosystem.