What is Pascalcoin (What does Paxcoin mean)

What is Pascalcoin? Pascalcoin is a digital currency proposed by Kevin Hsu, a co

What is Pascalcoin (What does Paxcoin mean)

What is Pascalcoin? Pascalcoin is a digital currency proposed by Kevin Hsu, a computer science professor at the University of California, Berkeley. Specifically, it is a special virtual commodity like Bitcoin with highly speculative characteristics and easily susceptible to attacks. Therefore, it is also known as “air”, so people refer to it as Pascale (PAC).

According to the introduction, “PICKLE” is a decentralized, permissionless, and non-fungible token based on smart contracts and blockchain technology, which can integrate user wallets with trading platforms.

What does Paxcoin mean?

According to btcmanager’s news, PAXcoin is a digital currency issued based on the blockchain network. PAX was developed in collaboration with the New York Department of Financial Services (NYDFS), the London Bullion Market Association (LBMA), and the American payment company Paxos. It uses Bitcoin as the underlying cryptocurrency.

Paxcoin is a stablecoin project with main features including security, easy exchange, and protection against hacker attacks, etc. In English, Paxcoin is also known as “Paypal” or payment.com, which is an electronic cash transaction system.

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