PCoin- Peer-to-Peer Decentralization Transactions app
How It Works
Decentralization: PCoin operates on a decentralized network called the blockchain. This means that there is no central authority, such as a government or financial institution, controlling it. Instead, transactions are verified by network nodes through cryptography and recorded on a public ledger.
Limited Supply: Unlike traditional currencies, which can be printed indefinitely by central banks, PCoin has a capped supply. There will only ever be 20 million pcoins in existence, making it a deflationary currency.
Peer-to-Peer Transactions: PCoin enables peer-to-peer transactions without the need for intermediaries like banks. Users can send pcoins to each other directly, anywhere in the world, quickly and with relatively low fees compared to traditional banking systems.
