Particl is the newest decentralized, secure and peer-to-peer cryptocurrency on the block, emphasizing ease of use and scalability, as well as creating an ecosystem built around privacy and anonymity. In this article, as Kriptokoin.com, “What is Particl?” We will answer the question. In addition to these, we will touch on all the questions about the project.
What is Particl? What does PART do?
The platform is focused on the security and protection of user data. It also aims to usher in a new era of cryptocurrency and Blockchain technology and transform the way online transactions work in a completely insecure way without intermediaries.
What are its features?
- Market place: Its most unique feature is the Particl marketplace, one of the first DApps released in the Particl ecosystem. Marketplace is a secure, decentralized and peer-to-peer online platform, whose alpha version was released in 2018. Also, user data will not be stored on any server. Transactions take place in a completely secure and decentralized manner. The two most important features of these transactions are confidentiality and anonymity.
- Decentralized voting: It offers its users a voting platform where it can be used to interact efficiently, especially by the community. Since the voting system falls under the PoS protocol, users who do not have a stake in the network cannot vote. This will restrict voting with members who are part of the Particl ecosystem.
- Passive income through staking: PART allows users to earn PART just by staking their Coins. This works by helping to secure the PART network. The more active nodes there are, the harder it is for a 51% attack on the system to be successful. Users are rewarded with PART at an annual interest rate of up to 5% for helping to secure the network. It also offers its users the ability to cold staking where an active node is installed, such as a server or VPS set to deposit funds for a particular wallet.
- Messaging: It has a secure, peer-to-peer and anonymous messaging system built into the desktop client based on the BitMessage protocol. This provides a safe and secure way of interaction between users of the Particl network.
What is Particl? How to buy PART?
Exchanges where Particl is currently traded; They are Bittrex, Upbit, Bit-Z and LiteBit.eu. These can be bought or traded on exchanges. PART cannot be issued as it is purely based on the PoS approach. PART can also be earned in the form of interest by staking your PART coins as a reward for securing the network. For storage, the official wallet, especially called Particl Desktop, can be downloaded from official websites.
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