Place/Date: Barcelona, Spain - April 14th, 2020 at 6:11 pm UTC · 3 min read
Contact: PZM Cash, Source: PZM Cash
PZM Cash is a cryptocurrency created as a means of payment for a fast-growing ecosystem, where the emphasis is on the growing scaling and balancing of money supply and demand.
PZM Cash uses a two-level node structure:
A full node is a device with installed PZM Cash software, which stores the full current and current version of the blockchain. A full node can act as a consensus node. The holder of a full node can actively participate in the formation of the blockchain, constantly grouping incoming transactions into blocks and distributing them over the network.
A full node also acts as an audit node. In this context, a node regularly checks the results of forging other nodes and distributes the load across the network, acting as a kind of content delivery network for blockchain data.
The second type of node is “light clients”. They contain only important data for the node. This saves memory on HDD and processing power. That is why they are a good option for organizing a dedicated cryptocurrency wallet.
Another distinguishing feature of PZM Cash from other cryptocurrencies is that users of the light PZM Cash client can receive rewards for supporting the ecosystem! The PZM mining PoS algorithm provides a stable flow of new coins to the balance of “light” wallets.
The reward in PZM Cash consists of two parts:
Distinctive features of PoS in the PZM Cash system
Web3.js will significantly expand the functionality and capabilities of the PZM Cash Wallet due to unification. Users will be able to log into sites and services through a wallet without registration, where cryptocurrency is used as payment.
The sale of PZM cash coins began on April 6, 2020. Do not miss your chance to participate!