Particl successfully launches pure Proof of Stake blockchain the hard way

Did you know? Most Proof of Stake (PoS) chains are hybrid Proof of Work (PoW)/PoS chains. That is because it’s easier to have miner nodes doing all the work to secure the network and then switch over to a staking system than to begin with staking nodes reserving their coins to secure the network. The probability for forked or hijacked chains is high until the majority of tokens are securing the network by staking. The Particl Team planned weeks in advance and cycled through scenarios using testnet to ensure the smoothest launch possible. One week later, the forethought paid off.

PART Distributed

Particl Blockchain launched Monday July 17, 2017 and every contributor who created a Particl wallet ahead of mainnet launch and had PART token balances on Particl.io received their tokens within the first 100 blocks after Particl genesis block. A number of PART tokens remain to be distributed manually by the team. If you contributed to our project and still haven’t received your PART tokens please read below. I’ve summed up 3 groups who still need some work done to receive their PART tokens.

PART yet to be distributed

The team will be doing a weekly distribution batch every Wednesday for the following groups of contributors yet to receive their PART tokens.

1 Contributors who have a balance on Particl.io but still need to create their Particl wallet and accept the funding round Terms.

Please login to https://particl.io. We have a new page setup along with a new video to help guide you through the steps to gain access to your PART

Complete this by Wednesday and you will be included in this week’s batch!

2 Contributors who needed to have extra SDC and/or BTC converted to PART after the funding round ended due to overfunding the project or sending tokens to the transparency addresses by accident.

If you’ve created your Particl wallet already and only waiting for the team to distribute the coins then you don’t have to do anything, you’ll be included in this week’s Wednesday batch

If you’ve yet to create your Particl wallet and accept Terms of the funding round you need to:

1. Please login to https://particl.io. We have a new page setup along with a new video to help guide you through the steps to gain access to your PART 2. Complete this by Wednesday and you will be included in this week’s batch!

3 Claimants who have been approved by the team to meet the qualifications of the Particl Community Initiative #1 (Group 1)

Please login to https://particl.io. We have a new page setup along with a new video to help guide you through the steps to gain access to your PART

Complete this by Wednesday and you will be included in this week’s batch!

PART + BITTREX

Bittrex — The Next Generation Digital Currency Exchange added the Particl (PART) token to their impressive list of crypto currency project tokens trading on their market. Bittrex is one of the largest digital currency exchanges by volume and many of you in our community already use them as your platform of choice. We wanted to thank Bittrex for adding PART so our community, who is also your community, can benefit from all you offer the ecosystem.

PART + CryptoID

Particl Team hosts our official Particl explorer built on Insight here: https://explorer.particl.io/

CryptoID or “Chainz” worked with our team to operate a node for their extensive selection of data points across the Particl blockchain. This second Particl blockchain explorer provides insight to staking, ownership, distribution and much more. You can find it here: https://chainz.cryptoid.info/part/

PART + Coinmarket Cap

One of the best tools on the web for crypto currency enthusiasts is CryptoCurrency Market Capitalizations. This long running site quickly gives you a look into markets, projects and valuations on every cryptocurrency project in the ecosystem. Particl has a page on there: https://coinmarketcap.com/currencies/particl/