PZM Cash holders for supporting the network

PZM Cash is a cryptocurrency as a payment tool in the world., image #1

Introduction

Instant transactions, no refunds, no account freezes, minimum commissions for international wire transfers, no minimum balances, no maximum balances, worldwide access, full transparency, the ability to create an account in a few seconds just like an email account, and the opportunity for the poorest and the richest to take advantage of this technological development. No money-printing, no hyperinflation, no voting on debt limits, no financial assistance to banks, and a completely voluntary basis.

About PZM Cash

PZM Cash is a cryptocurrency created as a means of payment for a fast-growing digital ecosystem in which the economic motives of each individual participant provide an increase in the overall wealth and wellbeing of the entire community. The main strategic success factor for PZM Cash is the fact that it will be relying on the growth of scaling and balancing of supply and demand for funds.

Advantages of the PZM Cash architecture:

● Sidechains providing security for the main ledger;

● Proof-of-Stake consensus algorithm;

● A large number of functions and development opportunities for developers of decentralized applications (dApps).

The PZM Cash team has significantly upgraded the PoS consensus algorithm that had been used earlier. The commission for transactions in the PZM Cash network is fixed, which guarantees the fair distribution of remuneration among the forgers.

The key difference between PZM Cash and the “classic” PoS concept lies in the mechanism of ensuring the network with monetary supply. The PZM Cash team refrained from a full emission approach when generating the first block. Only 1% of the total number of coins will be distributed when the network is launched using pre-mining.

The remaining coins will be issued during PoS mining as incentive payments to loyal PZM Cash holders for supporting the network. The forgers will receive transaction fees for adding blocks to the main network chain. At the same time, the chance of adding a block linearly depends on the size of the assets located on the wallet – the current stake of PZM Cash. No additional payments for forging, other than the commissions, are provided for, as all emissions after the launch of the network will be made through PoS mining.

he PoS mining mechanism has two main components:

● The leading activated wallet;

● The supporting wallets – wallets activated by a transaction from a leading wallet.

Open source

All the data will be freely available on GitHub with an SDK for applications based on PZM Cash

Decentralization

Decisions on updates and changes are made by a majority of votes using the option built into the native wallet

Smart contracts

The ability of using the cryptocurrency to create decentralized banks, exchanges, credit services, exchangers, casinos, betting shops, games and applications

Web3.js Technology

Which is widely available and is used as the basis for the Tron and Ethereum wallets. It allows to conveniently use the wallet as an access key to sites and services in which cryptocurrencies are used as a means of payment

Distinctive features

Algorithm

Modified Proof-of-Stake Consensus Algorithm

2. Security

Sidechains providing security to ledgers

3. Speed

60 seconds is the average time for generating a new block

4. Integration

Maximum features for application developers (dApps)

5. PoS Mining

Monthly increase of wallet balance by up to 21%

Network scaling

The main characteristic of PZM Cash is its orientation to the rapid scalability of both the money supply and the offer of services from developers and partners. The development and scaling of the PZM Cash infrastructure can be carried out in several directions.

● Creating dApps

● Currency at partners

● Export protocol

Network scaling

● Creating dApps

Any developer can deploy their decentralized application. They will thus be allocated their own sidechain recorded on top of the main ledger. In this case, each user of the application will have their own wallet

● Currency at partners

PZM Cash can be used as a means of payment on partner projects and platforms. The Web 3js technology implemented in the Prizm Cash Wallet allows users to use the wallet to make payments on partner platforms, such as exchangers, exchanges, IM, etc.

● Export protocol

The source code of PZM Cash is open to everyone, which allows any developer to implement the PZM Cash protocol in their project as a kernel. To do this, users must deploy and run the full network node, install and synchronize a special API module

Coin emission

The total emission of PZM Cash will amount to 9,000,000,000 coins.

At the premining stage, only 1% of the final volume of coins will be issued.

● TOTAL EMISISON

9.000.000.000 PZMC

● PREMINING

90.000.000 PZMC

Premining distribution

● SALES: 70%

63.000.000: PZMC Public sales

● MARKETING: 20%

18.000.000: PZMC Three-Year-Long Marketing Campaigns

● PZMC TEAM: 10%

9.000.000: PZMC For the PZM Cash team with a one-year lockup period

Network liquidity growth

● Active Wallet balance

● Supporting Wallets Balance

● Depth of wallet structure

PoS mining is provided as the only mechanism for increasing the liquidity of the network and is a mechanism for providing balance increase to loyal users of PZM Cash

Mining PoS mechanism

PoS mining on a wallet starts from 1 PZMC and automatically stops when a balance of 1,000,000 PZMC is reached. The rate of increase is expressed in monthly percentage terms and depends on two parameters: The current balance on the active leading wallet; The current total balance on supporting wallets, or the wallets that have been added by the owner of the leading wallet as supporting wallets.

Supporting wallets

When taking into account the total balance of the supporting wallets, the system takes into account two levels of structure depth. This condition allows to guarantee maximum benefits for active users of the system who contribute to the development of the Prizm Cash cryptocurrency.

The Development Model

Our strategic goal is the rapid growth of the ecosystem.

This is important because:

The emergence of new projects creates additional value for consumers by adding new products and services.

2. An increase in demand leads to a balancing of supply, and an increase in turnover contributes to the stability of PZM Cash in relation to the external environment, providing stability and strengthening of the exchange rate.

For successful development, it is necessary to provide a reasonable algorithm for ensuring the network with liquidity, or the emission of PZM Cash coins, as well as channels for scaling the network.