Pkt Cash
PKT Cash is a system birthed from the 2010 cjdns project.[1] This project set out to create a sustainable decentralized alternative internet. However, the expansion limits of this project were realized when the costs to run the system became unsustainable without a financial infrastructure.[1] PKT Cash is a cryptocurrency that is designed to provide that financial infrastructure support for the PKT decentralized alternative internet. [2] PKT is a blockchain that enables anyone to become an ISP. Users allocate bandwidth from their local internet connections and build a global, decentralized edge network. It is run by the community for the community [3]
This system creates an economic incentive for people to support the decentralized PKT network when they add bandwidth to the network. [4] PKT cryptocurrency mining is designed to be undertaken using CPU mining rather than GPU or ASIC so that this form of mining is available to many users using regular computers. [5] The cryptocurrency is not currently listed on any exchanges, it is only traded privately. There are no transaction fees. [6]
References
- ↑ 1.0 1.1 "Project Meshnet". https://projectmeshnet.github.io/.
- ↑ Luna, Pablo. "About Mining PKT Cryptocurrency". https://theusbport.com/mining-pkt-cryptocurrency/33991.
- ↑ "PKTCash - Crunchbase Company Profile & Funding". https://www.crunchbase.com/organization/pktcash.
- ↑ "How PKT Cash Provides an Economic Incentive for People to Connect Bandwidth to the Decentralized PKT Network | Cryptopolitan". https://www.cryptopolitan.com/how-pkt-cash-provides-an-economic-incentive-for-people-to-connect-bandwidth-to-the-decentralized-pkt-network/.
- ↑ https://bigdataanalyticsnews.com/pkt-cash-cryptocurrency-the-right-option/
- ↑ "Top Tips on PKT CASH Cryptocurrency Trading". March 11, 2021. https://laptrinhx.com/top-tips-on-pkt-cash-cryptocurrency-trading-3167384768/.
 |
