Chainwire
PKT Cash Unused Bandwidth Monetization Protocol Announces Bittrex Listing
Disclaimer: This is a sponsored press release. Readers should conduct their own research prior to taking any actions related to the content mentioned in this article. Learn more ›
London, United Kingdom, 18th January, 2022, Chainwire โ PKT Cashย 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 Bitcoinโs 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 Cashย
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 theย NLNet Foundation, supporting open-source internet technology
PKT Cash ($PKT) is PKTโs native cryptocurrency. PKT allows for microtransactions, so people can buy, sell and trade bandwidth leases, which are available to purchase now onย Pancakeswap, and will be available to buy shortly on Bittrex.
Contacts
- Andrew Katz
- [email protected]
Share
Press Release Syndication
Broadcast your project news with guaranteed coverage on industry-leading publications like CryptoSlate.
CryptoSlate has partnered with Chainwire to deliver press releases distributed across numerous crypto media sites, including Cointelegraph, Decrypt and The Defiant.
Chainwire has been used by over 800 brands and PR agencies worldwide.
Get Started with Chainwire
