Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PASC] PascalCoin, deletable blockchain & bank account system [PASA]
by
HasHe
on 29/01/2017, 10:50:28 UTC
interesting... so basically this as secure as Zcash or Monero plus it has always supersmall blockchain?

Please explain with easy words about what is the difference of PASC wallet and PASC account for most users like me

Wallets and accounts are kind of the same with Pascal. So, if you download the wallet from the OP, you essentially download a hub that has an overview of the network. In this hub, you can see all the accounts that are available on the network, block explorer and much more. From there you can manage the accounts that you own, load balances, move money or transfer an account to anyone you want.


Another really awesome feature is the SafeBox Hash.

Lets think about bitcoin for a second, transacting from your wallet records the transaction on the the blockchain and now your address will always have that history of the transaction forever.

The cool thing about a Pascal accounts is that, prior to transferring an account to someone, YOU can delete the history of that account. That's pretty fucking awesome, isn't it?

How does Pascal allow you to do this? Because of SafeBox hash. SBH is essentially an encrypted accounting book that verifies the transactions through traditional blockchain operations.



In regards to anonymity? Possibly! I believe this coin will be tested and probed in the coming weeks and we will find out whats to come.