Pascal Coin investment analysis

This interesting project claims to be the first one that is able to function without an immutable ledger. Since the creation of cryptocurrencies, the ledger has helped to keep everyone honest. This system helps to avoid double spends, and it keeps the system accountable.

However, this is not the best system for maintaining privacy, and more and more cryptocurrency enthusiasts are finding out that Bitcoin is not nearly as private as they thought it was. With a little detective work, it’s actually not difficult to tie a person to a Bitcoin wallet, especially once it gets to fiat money, which is almost always verified by identity.

Your Pascal Coin investment, however, operates on something they call Safebox. This creates a hash to store the transactions, but there’s no need to keep them on the blockchain itself. While this is great for privacy, it also allows for PASC to provide greater scalability than currencies who have come before it.

The developers have a theoretical estimate of 72,000 transactions per second capability for this project, and that makes this an interesting advancement in cryptocurrencies that investors may want to read up on.