Presentation and definition of the crypto-currency PacCoin (PAC)

Presentation and definition of the crypto-currency PacCoin (PAC)

  • Name of the crypto-currency : PacCoin
  • Abbreviation : CAP
  • Where to buy PacCoin? Binance
  • Date of creation : 2014
  • White paper of PacCoin
  • Website PacCoin

Presentation PacCoin

PacCoin is a virtual currency that allows transactions decentralized. Its name is an acronym for ” People’s Alternative choice “. Its concept is based on the “4 C”, which correspond to the Community / Choices / Contents / Charity. PacCoin uses the same technology as Bitcoin but incorporates several improvements. Its first objective is to become the currency digital the most easy-to-use.

The fork

PacCoin offers solutions to problems encountered on Bitcoin in terms of speed of transactions and their privacy. Since its launch, the blockchain of PacCoin has evolved and become more secure. The currency became more stable and offer even more privacy. The design has also evolved. Thus, PacCoin will be a fork in march 2018 to become a $CAP. The total amount of units CAP will be reduced by an RCO (Redemption Corner Offering). All holders of the token CAP will get a new token $CAP for 1000 former tokens.

The history of PacCoin

PacCoin has been launched in 2014. The crypto-currency has enjoyed a brief success before being relegated to the bottom of the list. It has as well stagnated for several years before a new community decided to revive PacCoin in August 2017. The code has been reworked and improved. The site has been redone and updated and new wallets PacCoin have been launched. When PacCoin has been re-launched in November 2017, more than 30,000 portfolios have been télchargés and Cryptopia, one of the largest exchanges of PacCoin has received more than one million of new registrations.