London, United Kingdom, 18th January, 2022, Chainwire
PKT Cash is the next iteration of a truly influence-free internet. Large corporations, governments, and other forms of censorship are irrelevant, granting people unrestricted access to everything they want online with no form of discrimination or control from others.
Launched in 2020, the PKT Network is a blockchain project looking to decentralize the internet. It aims to bring free and equal access for all by developing local ISP networks where large corporations currently under-served people.
The Story Behind PKT Cash
PKT replaces the SHA-256 hashing algorithm with its own PacketCrypt, while still based on Bitcoin’s codebase. PKT blockchain is the only true bandwidth-hard blockchain that utilizes a 60 seconds block time. The network speed is 10x faster than the Bitcoin network with near-zero fees. The project is currently working on integrating Lightning Network functionality will provide near-infinite transactions per second and near-instantaneous settlement.
Since the PKT Network is devoid of a central authority, the economically incentivized people to participate will support access to the internet for the good of all. Now the world can connect the remaining people to the internet.
About PKT Cash
PKT Cash is an entirely decentralized and open-source project, with no corporation, investors, or pre-mined coins. The Network Steward is funded by 20% of the coins mined per block which is used to fund opensource development. In addition, PKT has struck a partnership with the NLNet Foundation, supporting open-source internet technology
PKT Cash ($PKT) is PKT’s native cryptocurrency. PKT allows for microtransactions, so people can buy, sell and trade bandwidth leases, which are available to purchase now on Pancakeswap, and will be available to buy shortly on Bittrex.
- Andrew Katz
- [email protected]
Please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. FintechMode is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.