In the current economic world, most of the organizations are releasing their own experimental cryptocurrencies. These cryptocurrencies have various purposes, tasks. By considering purposes , technologies ...etc , cryptocurrencies are divided into 3 main sections and they are;
- Cryptocurrency 1.0
- Cryptocurrency 2.0
- Cryptocurrency 3.0
Cryptocurrency 1.0 just gives attention to improve its technical development. Taking its level into a higher position, is the long-term goal of cryptocurrency 1.0 .cryptocurrency 2.0 let its investors use currencies in real life. cryptocurrency 1.0 and cryptocurrency 3.0 haven't that feature. That's why cryptocurrency 2.0 is quite decent rather than other types.
Paxcoin belongs to cryptocurrency 2.0 category. Paxcoin has plenty of great features, advantages instead of being a currency belong to cryptocurrency 2.0. You could get detailed information about paxcoin furthermore by utilizing this article
Commencement of Paxcoin
'Pax' means abundance, victory in Latin.Pax foundation was created to improve economical services for various communities. Pax foundation gives priority to economical weak countries. Foundation operates its procedure for many industries such as entertainment, medical, gaming, financial, shopping, real estate, payment system . Pax foundation is an establishment of blockchainstory Co.Ltd. Apart from paxcoin, blockchainstory Co.Ltd has developed 15 kinds of cryptocurrency. And also it provides e-wallets , payment platforms, mining pool and many other services comprehensively.
Specific features of paxcoin compared to other alternative coins
Investors seemed disinclined to invest in new ico projects because of instability and disbelief. But pax foundation gives a guarantee about the highest level of security and stability of paxcoin. Pax foundation let participants use paxcoin for many payment settlements in daily life. So you can utilize this for any transaction between two individuals or between two companies or between two countries. This process doesn't require any currency exchange.it would be the main specific feature of paxcoin.
The platform of paxcoin has created by using signs of bitcoin. Therefore the platform of paxcoin should be a stable one surely. Researchers recommend this as the highest standard, most secure coin than litecoin , vertcoin ...etc after analysing all those alternative coins.
Allocation and mining procedure of paxcoin
Paxcoin is also known as a decentralized cryptocurrency. The total volume of paxcoin is 8.8 billion. 2.2 billion of them were already mined. So the rest of them will be mined over the next 100 years based on their progress.
Paxcoin has launched a pc and mobile wallet(native wallet) . This electronic wallet does not require administrator control. You can easily download its mobile application into your mobile (android/ios) to get a better experience with it. After getting the membership, you can make payments or any other financial settlements using this multi-purpose app with your paxcoins directly. For downloading this mobile e-wallet, search 'pax wallet' on google play store from your Android phone or search 'Bcheck' on iTunes from your iPhone.
Pax foundation allocate paxcoins among internal team (2% ), strategic partners (3%),private sale & public sale/ sales promotion(20%) and miners(75%) .
Token Details
• Token Symbol or ticker of PAX COIN: PAX
• Pre Mined Coin: 2.2 Billion
• Fill token Supply: 8.8 BillionDistribution of the token at PAX COIN• Mining (locked for three years) – 75%
• Public sale and private sale – 20%
• Strategic partner – 3%
• Internal team (locked for the five years) – 2%
Distribution of PAX COIN
• Strategic collaborators (locked for three years) – 3 percent
• Internal team (locked for five years) – 2 percent
• Mining (locked for three years) 75 percent
• Open sale and private sale and Sales promotion – 20 percent Fund allocation
The conclusion
Paxcoin source code was released in November 2017. Then they have signed agreements with central and south america's blockchain business (December 2017) and cooperation and investment contract(June 2018). Paxcoin got this type of impressive progress due to the well-created platform. Cryptocurrency investors and miners could get a stunning support from paxcoin, because some of them (especially beginners) don't have the ability to invest expensive currencies such as bitcoin, ethereum.
For the more information please visit
• Official Web site: https://www.pax-coin.io/
• Whitepaper: https://www.pax-coin.io/download/PAXCoinWhitepaperEnglishv1.pdf
• ANN: https://bitcointalk.org/index.php?topic=5061285
• Twitter: https://twitter.com/Pax__Coin
• Facebook: https://www.facebook.com/Paxcoin/
• Telegram Group: https://t.me/PaxCoinChat
• Bounty: https://bitcointalk.org/index.php?topic=5061623.0
Bitcointalk Username : pathi87
PAX address : PP3DUusZewKsUjgq1iYiYboK1BxBYuvkVM