Powerchain Network
The Blockchain industry is billion dollar business, which is growing steadily every year. Due to technology,Blockchain targets to make daily payment easier.Powerchain is a new solution for crypto payment problem.Powerchain network is a new DAG based platform allows blockless security and high speed transactions without mining.
DAG is a directed graph data structure that uses a topological ordering. The sequence can only go from earlier to later. DAG is often applied to problems related to data processing, scheduling, finding the best route in navigation, and data compression.
DAG will have 4 things:
1. Nodes: A place to store the data.
2. Directed Edges: Arrows that point in one direction (the thing that makes this data structure different)
3. Some great ancestral node with no parents.
4. Leaves: Nodes with no children
Powerchain is preparing 4 products for users.Powerstack wallet,Powerpay and its payment tool Powercard and Powerexchange.
Powerstack, the highly anticipated mobile wallet for Powerchain and its digital asset $PCX. Powerstack is launched on Beta on Android. Powerstack V1.0 release for Android and IOS will be rolled out with additional features added in the near future. Powerstack app is a crypto asset management tool integrating peerto-peer transactions, enabling integration with third-party apps and interfaces through MicroApp, and access to market information. With Powerstack, you can easily create and import digital wallets, make instant face-to-face transactions via QR codes, and track real-time digital market information to acquire market changes timely.
PowerPay, the first fast and convenient, ready to use crypto debit card, which can be used for everyday purchases anytime, anywhere. Powerchain will come with its very own physical card that can be used at ATMs. Transactions will only work with your own pincode, so even if you lose your card, no worries, no one else wil be able to use your Powerpay card.Powerchain Network is studying on integrating Powerstack wallet to Powerpay that allows owner to send PCX coins from wallet to Powerpay credit card.After this integration Powerpay card will gain double-function issue as valid worlwide Credit and Debit card
Powerchain announces the plans to develop our own Asset Exchange as mentioned on roadmap ,POWEREXCHANGE. This strategic decision will further grow Powerchain coin position in the cryptocurrency market with larger scale and volume; allowing sustainability by continues funding and organic growth; while rewarding the community with profit sharing throughout fluctuations of the market and bearish trends.
Powerexchange also promotes giving back to the community members by ensuring that 70% of the exchange’s revenue goes back to holders of PCX tokens.
A total of 10 billion PCX Coins will ever be created.
Private Sale: 10% of PCX Coins (1,000,000,000) will be available for purchase during the private sale for Powerchains Long-term Strategic Business Partners and coin will be locked for 1 year.
PreSale: 15% of PCX Coins (1,500,000,000) will be available for purchase during the presale for all investor interests with %30 bonus.
Public sale: 40% of PCX Coins (4,000,000,000) will be available for purchase during the public sale to all investor interests.
Team: 32% of PCX Coins (3,200,000,000) will be allocated to the Powerchain Network core team and advisors, to align the team with project delivery.
Bounty&Airdrop: 3% of PCX Coins (300,000,000) will be distributed for Bounty program and Airdrop participaters.
%40 of total revenue will be used for marketing issue
The tokens allocated to the Powerchain Network team and advisors will be locked for two years and unsold tokens will be burned.
Powerchain network plans to release a coinburn program by Q2–2019.Team will buy back and burn a calculated amount of Pcx coins until reaching the target %30 of Total supply.The amount will be calculated monthly and coin burn program will go on until total supply decrease to 7 billion.
