Pactus Mainnet LaunchWe are thrilled to announce that the much-awaited Mainnet Launch of The Pactus Blockchain is finally here! On 24th January 2024 at 20:24 UTC, we will be taking a significant step forward and transitioning from the Testnet to our official Mainnet.
This momentous occasion wouldn't have been possible without your unwavering support and the enthusiasm exhibited by our invaluable Testnet participants. Your dedication, feedback, and commitment to improvement, coupled with the tireless efforts of our development team, have brought us to this exciting milestone.
What is Pactus?Pactus is a Blockchain focused on decentralizationPactus is built on the principle that a fair and transparent system can only be achieved through decentralization. Unlike many other blockchain platforms, Pactus aims to eliminate the potential for centralization and manipulation by removing the need for delegation and miners. This allows anyone to become a part of the ecosystem and ensures that the platform remains truly decentralized.
Pactus Blockchain utilizes a revolutionary Solid State Proof of Stake Consensus (SSPOS)Traditionally, blockchain networks rely on Proof of Work (PoW) or Proof of Stake (PoS) consensus algorithms, which can be energy-intensive or limit participation. Pactus Blockchain offers a unique alternative with SSPoS, which utilizes a dynamic committee of validators that are responsible for creating new blocks. This approach drastically reduces the environmental impact and resource usage, while also significantly increasing transaction speed and network scalability. By investing in Pactus, you join the movement towards sustainable blockchain technology.
Pactus is user-friendlyPactus aims to create a user-friendly blockchain that can be easily used by anyone, not just tech experts. Our protocol is designed to be simple, easy to maintain, and develop. Pactus offers a simple GUI application that makes it easy for users to run a node.
Pactus uses a percentage-based fee modelTransaction fees are calculated based on a percentage model with a minimum and maximum fee. These parameters provide greater control over the fee structure and prevent overpaying or underpaying. The percentage-based model ensures fairness and predictability, and can be adjusted through consensus among all validators.
We hope you can come join us on this revolutionary journey.
Best Regards,
Team Pactus
LinksWebsite -
https://pactus.orgGithub -
https://github.com/pactus-projectOfficial Block Explorer -
https://pacscan.org/Community Developed Block Explorer -
https://explorer.codeblocklabs.com/pactus/Discord -
https://discord.gg/H5vZkNnXCuTwitter -
https://x.com/pactuschain/Telegram -
https://t.me/pactusblockchain