The use of cryptocurrency for payments and bill settlements has taken the irrelevance of virtual assets to a higher level. But there was still the challenge of speedy consumption of transactions and security for some protocols.
PAC Protocol comes with great solutions in seamless digital transfers for both merchants and consumers. The use of blockchain technology provides users with a secure and fast means for sending virtual access globally. Moreover, the transaction has no interference from third parties in any form.
What is PAC Protocol?
PAC Protocol is a decentralized project that provides instant, low-cost and secured transfers. It operates with blockchain technology using both the proof-of-stake (PoS) and Master nodes. PAC has up to 22,000 active nodes for the effective running of the network and validation of transactions. This falls in line with its claim as one of the world’s largest decentralized Master node networks.
Also, PAC Protocol operates with a significant reduction of its carbon footprint through its PoS consensus mechanism. PAC Protocol connects merchants, consumers, and business entities to its fast platform for cost-effective transactions as a digital network.
Functionalities of PAC Protocol
The PAC Protocol is a unique project that aims to provide outstanding solutions to the numerous challenges with transfer while maintaining security.
Below are some of the functionalities of the protocol.
● 22,000 Active Nodes
PAC Protocol stands as one of the most prominent Master node protocols globally. It has up to 22,000 active nodes strategically located in different places worldwide. These ensure the continuous running of the network without any hitch at all times.
Also, the multiple nodes ensure the effectiveness of transaction validation of the network. This maintains both the security and operability of the network.
● Mobile Wallet
PAC Protocol has a mobile wallet that holds and secures its native token, PAC. This makes it easy for users to complete their transactions wherever they could be with restrictions seamlessly.
Furthermore, the protocol team is working towards ensuring that the mobile wallet can support other crypto tokens within the shortest space of time.
● YanSafe Desktop Wallet
In addition to its mobile wallet version, PAC Protocol also has its free desktop wallet version, the Yansafe wallet. Users could download this wallet on their laptops and desktops for the safe-keep of the PAC tokens.
There’s also an ongoing plan to introduce NFT minting for the protocol. In addition, the team wants to include a fast maintenance feature for users through the Yansafe wallet. This will allow them to set up and maintain master nodes on the PAC protocol network within a short period as low as 10 minutes. Also, the process will be so simplified that even non-tech genius users could perform that.
● YanDNA Decentralized Storage Product
PAC Protocol rolled out YanDNA, a decentralized storage product for its users. It will enable you to store NFTs putting off the influence of external attacks securely. Hence, you could maintain and control both your data and NFTs.
● Upcoming Listings
According to the laid out plan for PAC Protocol, it will soon get listed in UniSwap and Pancake platform. This will help for more publicity and accessible to the more interested investors as these platforms for their popularity.
● Gaming Focus
PAC Protocol has its focus on games. Therefore, the project allocates considerable attention to games that positively increase its exposure.
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Transaction Speed
Fast transactions completion is one of the virtues of PAC Protocol. It could handle thousands of transactions in just seconds. As a proof of stake protocol, PAC protocol has a remarkable confirmation speed for its transactions. It is more competitive than several other platforms in the DeFi space.
