Tag Archives: cryptocurrency

Pascalcoin, an awesome crypto with a bright future

Pascalcoin (PASC), a ground-breaking crypto

I have recently learned about a crypto that I’m quite sure won’t go unnoticed in the coming years. It appeared as though out of nowhere and, suddenly, its transaction volume nearly doubled that of other better known cryptos. It has indeed some awesome features that really drew my attention:

To begin with, Pascalcoin is written entirely in the Pascal programming language, which is an imperative and procedural programming language, designed in 1968‚Äď69 by Niklaus Wirthand and published in 1970.¬† It was named after the French mathematician, philosopher and physicist Blaise Pascal. As for Pascalcoin, the initiator, creator and original architect of the code is Albert Molina.

programming language
Blaise Pascal

A fundamental feature that helps PascalCoin stand out from the crowd  is the payload hash function that can be applied to operations on the chain. Believe me, it is no small feat.

Pascalcoin is a very original cryptocurrency with a groundbreaking new technology called Safebox, which compliments the Blockchain in a way that allows it to be deleted whilst retaining its full cryptographic security. It means that it can achieve infinite scalability. A safebox is where you save amounts of each address through each block of the blockchain.

It was the first crypto to break the 100 transactions per second barrier, pioneering a new tier of scalability suitable for planetary-scale adoption.

If you want to learn more about Pascalcoin technicalities you can visit Pacalcoin: crytocurrency without need of historical operations.

David Bolet, a senior software engineer, Java architect and blockchain developer, has recently launched Pacalcoin’s first wallet. It currently works on Android.¬† I could contact him to ask him a few questions:

David Bolet, the genius behind Pascalcoin’s first wallet

pascalcoin
David Bolet

The first Pascalcoin’s wallet has been recently launched¬† and I took the opportunity to ask some questions to its creator: David Bolet. It is now in its beta version, but already operational.

Why should I download the Pascalcoin Wallet?

David: Pascalcoin is a great crypto, very technically advanced, but it has some barriers for users: the first one is that the wallet is limited to the Windows environment, or, if you like,¬† Linux, but only past a certain level. In addition, you need to have an account in order to get Pascalcoins, and it’s not plain sailing. The wallet brings users closer and makes it way easier to use.

How do you see the future of cryptocurrencies?

David: It goes without saying that there are a lot of cryptos. If you ask me, I don’t think they all will survive. As far as miners and traders go, they can’t bite more than they can chew. As I see it, in the future, we are likely to use the stronger and most widespread ones,¬† cryptos with a big community which are based on a robust software such as Ethereum, Bitcoin, Bitcoin cash, Ripple… and those that offer some special features or an added value… We must definitely pay close attention to Pascalcoin, Iota, Neo…¬† As Stephen Covey put it: “strength lies in differences. Not in similarities”.

Are you currently engaged in any other blockchain projects?

David: Yes, apart from Pascalcoin, I am an active member of a Blockchain community in Barcelona, and I’m very keen on Ethereum, which offers some awesome features,¬† most significantly smart contracts, with unlimited uses, maybe beyond our imagination, that can literally change the world as we know it.¬† We meet on a regular basis and, apart from developers, you can find all kinds of people, from bloggers to professionals from the third sector.

Last but not least… Where can I download the wallet?

David: It is now in its beta version, but already operational. I’ve received feedback from people all over the world, and I would like to seize the opportunity to thank them all for their invaluable support.

Just click on the wallet icon to go to the APP ūüėČ

Thank you very much!

It’s my pleasure.

IOTA (MIOTA)

IOTA, the next boom?

Many think that 2018 will be the year of IOTA and its currency MIOTA. To be honest, It blew my mind when I first learned about IOTA: a crypto which in spite of not being¬†based on blockchain,¬†increases transaction speed and does not need either miners or fees? WOW!!!! Can it be real?… Is MIOTA silently eating other cryptos’ lunch?

iotacoin

IOTA is focused on providing secure communications and payments between machines on the Internet of Things. It has a market cap of roughly $14 billion. I first heard about this coin when Bosch corporation acquired a large number of MIOTA tokens in 2017.

miota
                The Internet of things

Iota makes use of distributed ledgers. As I said before, unlike most cryptos, it does not use blockchain. Instead, it uses a technology its developers call the tangle, wich is based on a mathematical concept known as DAG (Directed Acyclic Graph). This design is what distinguishes MIOTA from other cryptos.

IOTA TANGLE
IOTA TANGLE

IOTA does not need miners, so there are no fees either. IOTA is 100% free to use, but it is still decentralised. Everybody plays an equal role in the network. Any time a transaction is made, the issuer must help authenticate to prevuious and also random transactions. It uses a series of cryptographic algorithms along with many other sophisticated techniques to do this work. Any device can manage it without too much effort.

A network like IOTA supports and facilitates a machine to machine economy and allows for two important features: microtransactions and speed (TSS, Transactions per Second). The more people that use the network the faster it becomes. That’s why, in the near future,¬† I dare say IOTA has good chances to become the underlying protocol behind the next revolution: the internet of things.

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If you are interested in getting some MIOTA you can get them on  Binance. Please note that you must buy MIOTA with ETH or BTC, so you will need to transfer them from another exchange or wallet.

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