Pascal coin: The Unicorn cryptocurrency.

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The idea of cryptocurrency have matured from a mere proposal to a very important part of the global money and value market, with the outrageous bull trend of 2017 seeing the first traded cryptocurrency —bitcoin rising to nearly $20,000, the cryptocurrency universe have made a strong statement in the global business sector with several other alternative cryptocurrencies which makes up the vast crypto universe in what stands to be the future of money and an incredible store of value.



Apart from being a store of value and a virtual currency, the technologies backing the cryptocurrencies are also as amazing as the currency itself, with each currency being backed by a technology which hopes to solve an existing problem, either created by previously existing technologies or problems which the existing technologies have failed to solve, these includes, speed of transaction, transaction fees, liquidity, volatility of value, fund security, utility of the underlying technology and a host of others. Thus each new cryptocurrency seeks to solve issues as regards the affore mentioned goals, and unfortunately, each cryptocurrency introduced solves a problem and also creates a new problem, unfortunate, but that’s bitter truth hence the influx of blockchain technologies and accompanying cryptocurrency.

Due to these short coming every cryptocurrency enthusiast and investor hopes to hook up with the technology which solves most of their problems and whose cryptocurrency has the highest potential of rising in value over a period of time, however, the technology behind these cryptocurrencies plays a major role in determining their values. Hence the sure route towards a valuable cryptocurrency is a solid technology which solves important problems faced in the financial system, the introduction of bitcoin and the factors that it runs on the blockchain technology and a decentralized system were instrumental to its high value as bitcoin was the first instance where the blockchain technology and decentralized economic system was first used.

Amongst the problems still faced in the cryptocurrency universe amidst the array of technologies and currencies include:

Speed of transaction: In the blockchain technology, blocks are the storage system, they are immutable storage units with a new block created for the storage of each new data, the creation of these blocks takes time, hence one would need to wait for an amount of time before his transactions is complete as the new blocks are confirmed by nodes before they are approved, the bitcoin blockchain adds one block every ten minutes, hence one will need to wait for an equivalent amount of time before their transaction is confirmed. Many other blockchains experience a similar fate.

Transaction fees: A certain amount of fee is charged to move your funds from one account to the other using cryptocurrencies, while these fees are little compared to the amount one needs to pay when using fiat transfer and exchange, the goal of the cryptocurrency is to achieve a zero transaction fees, this goal is flawed by these transaction fees paid to move your funds in cryptocurrency.

Ambiguous account addresses: My fiat currency bank account number is simply an eleven digit number, however this would be hard for anyone to memorize, constantly people make mistakes while keying in these numbers despite the fact that they are just eleven numbers; unfortunately things get harder when using most cryptocurrencies as the account address are over often characters which includes numbers and alphabets, this is unarguably impossible or at least very very hard for anyone to memorize, hence the need for ‘copy and paste’ of addresses each time one wants to perform any transaction as errors can easily result on attempts to use any other means apart from copy and paste.

Ease of mining: Laying your hands on these currencies gets so hard when you find its so hard to mine these coins via the CPU and GPU means, while many have given up on mining of most cryptocurrencies, many current miners have abandoned their activities due to the bear trend as the dividends have decreased greatly over the recent months, this due to the requirements for mining these currencies.

With these problems and other issues not mentioned, cryptocurrency enthusiasts continues their search of the UNICORN cryptocurrency. A unicorn cryptocurrency is one which holds answers to these issues, hence another term for a perfect cryptocurrency and technology; a unicorn cryptocurrency and it’s technology is expected to have all or most of the following features ..

Ease of use

Infinite scalability

Fair distribution and governance

Zero or minimal fees

optimum privacy, security and decentralization

Very fast speed of transaction

Currently Every cryptocurrencies fall short of these features, except one! The PASCAL coin

Introducing The UNICORN CRYPTOCURRENCY AND THE CRYPTOCURRENCY OF THE FUTURE!

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Probably the pascal coin might be a bit strange to you, but that’s normal, actually I barely got to know about it few days ago. In my quest to find the best cryptocurrency which meets the definition of a unicorn cryptocurrency, I stumbled upon a perfect unicorn cryptocurrency The pascal coin.

Built upon the pascal programming codebase, the pascal coin was invented by Albert Molina in 2016, the pascal coin is a proof-of-work cryptocurrency which allows holders to transafer funds to their pascal account (known as PASA). The PASA is simply an eighth digit easy-to-memorize code with a hyphen before the last two digits of the code (for example 514413-15), this simple code is the account address just as 1BP79pd1MZg68UR5WmjAgtb6n7agu2GypF is your bitcoin address. The pascal coin introduces a new concept in blockchain technology, The safebox

The SafeBox is the ultimate source of truth in PascalCoin and provides a ledger balance of all users’ funds. Structurally, it is comparable to a spreadsheet where each row denotes a bank account (PASA) and each column denotes a property of that account (i.e. balance, public key, etc). The “address” of an account is simply its index within the SafeBox (with an appended checksum).

Wikipedia

Amongst these, the safebox concept also makes the pascal coin blockchain genuine in a very special way, while the blocks of other blockchains are undeletable, the blocks of the pascal coin blockchain are deletable past the 100 blocks checkpoint , this is due to the safebox technology, this means that in each moment of the network there is less than 100 blocks requires to maintain the network, however, deleting a block when this excess is reached will not cause any loss of data.

Unlike most other cryptocurrencies which are UXTO based cryptocurrencies, the safebox technology enhances scalability and decentralization of Pascal coin’s cryptocurrency, it also makes for a better security in transactions using the pascal coin.

Why the pascal coin is the unicorn cryptocurrency

Before now, I mentioned the features which a unicorn cryptocurrency is expected to exhibit, a cryptocurrency which meets these requirements is dubbed the unicorn cryptocurrency and hence the most assured store of value, the pascal coin meets the requirements thus…

Ease of use: The pascal coin is by far the easiest cryptocurrency to use, much more easier than out everyday fiat bank accounts, with a very simple and way to memorize eight digit Pascal account address, having you address details is as easy as anyone cod think, the need for copy and pastes is completely optional. The pascal coin wallet is also easy to use and can be downloaded in windows and Linux OS, an Android compatible wallet can also be found in the Google Play store. These wallets are easy to use and with the much simplified wallet address, you can transact on the go without having to re-learn your address or copy and paste. Unlike many other cryptocurrencies, mining the pascal coin is relatively easy, using the rhminer, pascalcoin miner and a pascal coin wallet, the pascal coin can be easily mined and a little development fee of 1% charged.

Zero or minimal transaction fees: There is a zero transaction charge for moving the pascal coin from one wallet to another, this completely solved the issue of transaction charges in the transfer of funds and any amount of Pascal coin can be transferred across any supported wallet for zero charges.

Very fast speed of transaction: Transactions using the pascal coin is instantaneous, thus one receives the coins once you approve the transfer, the time for block confirmation is unnoticed and the coins arrives the recipient wallet immediately.

Fair distribution and governance: The distribution of most existing coins are unfair, this is due to ICO and crowdsales, privileged individuals get to purchase large amount of these coins and hence rip from the values more than any other participants who are privileged enough. To solve this problems, the pascal coin had no ICOs and no coin was premined, hence the coins are daily distributed with the team ensuring uniformity in the procedures, just the right governance for a perfect cryptocurrency.

The safebox technology enhances the scalability of the pascal coin and hence an edge over every other cryptocurrencies.

Why you should invest in the Pascal coin and it’s technology

Having said much above the pascal coin, you’ll be left with one question; why should I invest in this project?, probably you are still left with some pessimism as regards the future of this cryptocurrency, however with an amazing technology behind this currency, it inevitable that it’s currency would be valuable, having trades at an all-time-high of $5.31, the cryptocurrency bear market have seen its value go down to about 0.3$ revolving around 0.3—0.25 USD, however, apart from the current value )which is In fact the perfect time to lay your hands on this coin), the pascal coin project has other factors which makes poised for huge success in the future.

This include an amazing team behind the project and a strong community support it’s development. Just everyone knows, communal support is one of the biggest moving forces of any cryptocurrency project, the pascal coin team have built a good community around itself and via several social media channels, the team can easily be contacted.

Pascal coin exchange details

Coin can currently be exchanged at

poloniex

Tokok

Price/USD: $0.252
Marketcap: $5,718,821
Rank: 363
24hrs trading volume:$152,373
Available supply: 24,216,250 pasc
Total supply: 42,000,000

Note: These are the current exchange details as at December 30 2018. Figures may vary
To find out more about the pascal coin, join the official discord channel

Disclaimer: This article was written by a cryptocurrency enthusiast and not a member of the pascal coin team, the write in no way associated with the team and hence claims no ownership of the project, this post was written in support of the project. Kindly visit the discord channel to learn more and place your questions directly to the team.

Get to know about the project
official page

Github