Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PART] Particl ● Infinite P2P Anon Marketplaces ✧ Live ✧ ● RingCT ● v2.3.2
by
HastaLaVistaBaby
on 22/04/2020, 18:09:16 UTC

Hi here's the transcribed description from the interview on youtube

Quote
Blockchain projects aim to decentralize all companies and allow users security and anonymity to interact with other users and companies. All Blockchain projects adhere in some way to these basic characteristics of Blockchain; however, only a few base their model on this very nature.

Particl is a chain of blocks project that does exactly that. It is a decentralized platform that allows users to create their own intelligent contracts and services. All these services are oriented towards confidentiality and anonymity, and there are already services such as an encrypted P2P messaging application. Particl seeks to provide a marketplace where users can interact securely and anonymously.

How Particl works
The decentralized platform proposed by Particl allows you to create dapps when and where you want. It is built using Bitcoin Core code, which means it uses the reliability and security of the Bitcoin network. However, it is also compatible with SegWit and Lightning Network-ready, which gives it a head start over most of its competitors. Users are free to create any application they want and they can let users pay for it in any cryptomony they want. However, all transactions are converted to PART when the funds are transferred.

The PART model
The Particl model is based on privacy and anonymity. You can carry out transactions in different forms, namely public, blind and anonymous. Public is the basic transaction and offers pseudo-anonymity like Bitcoin by making transactions anonymous but not private. Blind transactions hide the number of pieces transferred from everyone except the sender and recipient, and it is a mid-level method of privacy protection. Anon hides both the address of the sender and the recipient as well as the number of coins. All have their own transaction fees, although they are not that high.

Proof of Stake and Cold Stacking
One good thing about Particl is that all the fees generated within the platform are used to pay those who put in their coins. It uses a proof-of-issue model where the people who hold the coins get voting rights and rewards.

Those who buy RTLs and hold them are paid in the form of a transaction fee that others have to pay.

There is also a reward for cold stacking. Cold stacking involves maintaining a knot to be used for cold storage. This node does not contain coins but serves as a dedicated resource for the network.

Parts Partcl
As mentioned above, Particl allows users of all cryptosystems to participate and use their network. But these coins are converted to Particl each time a monetary transaction is required by the network. These can be regular, untraceable payments or smart contracts. Thus, although the platform is agnostic on cryptography and protocol, it understandably favours PART.

PART currently has a daily trading volume of approximately $194,000 and a global market capitalization of $86 million.

Buying and storing PART
To purchase PARTs, you will first need to purchase BTCs or ETHs through a popular exchange such as Coinbase. Then you can use exchanges like Changelly to exchange them for PARTs.

Storage of PARTs is possible on any of the portfolios offered by Particl. You have the Particl wallet and the Particl-qt; the latter is a GUI wallet, a command line wallet if you are an advanced user. There is also the Particl Copay; a mobile wallet available on Google Play. All these portfolios will have other features that Particl is currently working on. But suffice it to say that you have enough storage options.

Conclusion
Particl is one of the least talked about cryptomoney, but it has enormous potential. It was born when the ShadowProject was shut down. It is a marketplace that seeks to promote the anonymous and secure trade of goods from around the world. It is the essence of block chain technology and has been one of the most widespread uses since its inception. Thus, Particl is one of the few projects that actually does it in an efficient and technical way.


https://particl.io/roadmap/

#Blockchain #coldstaking #decentralized #app #PART #Particl #ProofofStake #SmartContracts