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PACcoin is one of the older cryptocurrencies to employ both Proof of Work (PoW) and Proof of Stake (PoS) blockchain hashing mechanisms. A few of the differences between PAC and BTC is that 500 coins are always rewarded in each 1 minute block, as opposed to bitcoin’s halving mechanism that reduces the coin reward every set number of years and has ten minute blocks. This means that transaction speeds are in essence 10x faster than bitcoin, as users only need to wait 1-2 minutes for their transaction to be added to the PAC blockchain.
This has since been changed, and the coin now also rewards users via a PoS mechanism that generates new coins via sending them to user addresses in amounts proportional to the number of coins held. It also maintains a PoW mechanism to further enhance blockchain security, and is one of the few coins to do this without any mining pools. This means that any individual is free to use their own computer (or mining rig) in an attempt to add new blocks to the PAC blockchain and receive the 500 coin mining reward. There are currently over 3.4 trillion PACcoins in circulation.
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币种名:Paccoin 英文名:paccoin 英文简称:PAC 发布日期:- 核心算法: 货币总量:100000000000枚 上架交易所数量:2