Most digital coins, including BTC, are a formation that can just be dominated by a little number of full-size sized (enterprise) crypto miners. Because BTC has adopted the encryption algorithm SHA-256, which can be mined with luxurious ASIC-based mining tools, it is impossible to contribute in a few of the common and a fine lots of asset miners' individual computers via computing power contribution.
There's no solution for a spiteful involvedness bomb that could paralyze the Block chain Network and reason chaos, which could reason it to prevent for up to 6 months (180 days), only a few asset miners who've high-performance tools are going to be mined.
In the case of the late digital coins, when somebody begins to crypto mining with lofty-performance mining tools, not just a certain few will monopolize the crypto mining rewards, but the blocks that require to be piled up for usual deal are mined at an extremely elevated speed, garbage blocks are made that accumulate just empty blocks without information.
In order to apply an established and fair Block chain Network, we focused on developing an individual-friendly ecosystem.
it was made to be capable to be crypto mined by CPU of the general PC as well as GPU, and it adopts Scrypt encryption algorithm and can't be mined with ASIC mounted tools. PAX Coin has made an algorithm that can immobilize malicious complexity bombs and preserve a stable block chain by significantly reducing complexity when it exceeds 3 times the basic Block instance (180 seconds).
If it finds a block within 20 seconds (1/3 times) of the basic block time, it can significantly boost the complexity and reduce the position where just extreme performance mining tools can be mined. This is a user-friendly algorithm that stops needless power wastage and the desecrate of resources due to a compost block because there's a preventive effect by reducing the revenue earned by huge miners.
Mobile wallet
backed on Bit pay's COPAY system: back on the proven asset wallet service of Bit pay Inc., a leader in bit coin (BTC) pay ecosystems, gives UI / UX that's secure and reflects the latest trends.
Real My Wallet Unrelated to Server Hacking
Since the digital asset wallet accessed by member Password / ID has an arrangement that can store the info in the server's record, it's impossible to entirely safeguard against the threat of hacking via any route.
In addition, the address made in the asset exchange's wallet is actually borrowed from the address of the exchange-owned asset wallet, not my address on the Block chain and the stability of the exchange is directly linked to the stability of my assets. On the other side, Our Crypto Mobile Wallet is a customer Type Wallet with info about where I installed it, and it's free from server hacking because it doesn't keep the password set by the consumer on the server.
BIP-44 Standard - BIP-39 mnemonic - Support Hangul Mnemonic
BIP-39 is a plan for improved BTC performance on their official site. It is the encryption way of the wallet which is proposed and applied in BIP (BTC development Proposals). BIP-44 Standard/ BIP-39 mnemonic / hold Hangul Mnemonic The figure of 2048 is developed by the encryption technique that memories twelve words of 2048 recorded words in order with twelve words extracted. There's no chance of replication because you can set the personal password once again.
By verifying and the tracking contents recorded on the actual Block chain Network by applying the derived appearance proposed in BIP-44, it's possible to synchronize the similar age with 12 Mnemonic Keyword on diff platforms without being reliant on the installed device.
If you want to learn more about the PAX coin use this following links:
Website: https://www.pax-coin.io/
Whitepaper: https://www.pax-coin.io/download/PAXCoinWhitepaperEnglishv1.pdf
Telegram group: https://t.me/PaxCoinChat
ANN: https://bitcointalk.org/index.php?topic=5061285
Bounty threads: https://bitcointalk.org/index.php?topic=5061623
Bitcointalk username / PAX address: lxjtian / PRJQVi9Aa3P4pkANeWWvpWDZRY6eA3fgwL