What is PCHain Coin – How Does it Works? (Easy To Understand)

What is PCHain Coin? Once again, welcome www.bitcoinminershashrate.com blog about cryptocurrencies. In this article, we will tell you about the PCHain blockchain project, which solves scalability and interoperability problems for blockbusch-based applications Ethereum.

What is PCHain cryptocurrency?

PCHain is a blockchain-based platform that provides a decentralized platform for Ethereum-based decentralized applications. By transferring DApps to PCHain, developers can instantly get comfortable conditions for the functioning of their applications.

The PCHain project is created by a qualified team led by Feng Cao. Mr. Feng is one of the most reputable blockchain experts in Asia. Prior to working with PCHain, Cao was seen as a co-founder of ChinaLedger and many other startups. His work has been nominated for awards held by Wall Street and IBM.

To learn more about the PCHain team, you can visit the official website of the pchain.org project.

PCHain Features

In order to become a platform for application interconnection, the PCHain team had to use the following technologies:

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Blockchain;

Smart contacts;

Crosschain;

Oracle.

Through the use of these technologies, developers managed to create a platform that not only can interact with EVM (Ethereum Virtual Machine), but makes decentralized applications faster.

Also, at the core of PCHain lies the Proof of Stake consensus mechanism. The interaction of various applications is achieved through the use of its own programming language.

PCHain Outlook

With the current state of affairs in the cryptocurrency market, the rise in the cost of PCHain tokens is probably not worth it. But as soon as the majority of companies face the problem of the normal functioning of their applications, and Vitalik Buterin with his team cannot improve the scalability of their network, PCHain will receive an influx of customers.

If we talk about growth caused not by speculation, but by “natural” factors, it will begin in the 2nd half of 2018. But before that, the team should release the finished product, which is scheduled to launch in March 2019.

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Where to buy PCHain cryptocurrency

PCHain cryptocurrency is listed on BiboxIDEX and other cryptocurrency platforms. The cost of one token is 26 cents, with a $ 19 million project capitalization.

The maximum value of the PAI token was fixed at the beginning of July 2018, when the token only appeared on the stock exchanges. At that moment the price was fixed – 6 cents, at this moment the capitalization reached 30 million.

Conclusion

This concludes our review of PCHain cryptocurrency. More information about it, you will find on the official website, a link to which we left above.