What is Particl?
In the Particl, dAppscan easily be built without sacrificing scalability and security while basing their source code on Bitcoin core.Their main objective here is to preserve privacy and for interaction in their market place-the Particl market, their messages are encrypted and anonymous. Furthermore, the network employs smart contracts which ensures privacy is a priority at all times.
The coin holders are rewarded or paid through the fee incurred in the network. Particl’s vision is to introduce a new trustless, decentralized and private economy supported by PART which is the native token and also supported by Particl platform.
The consensus algorithm adopted is Proof-of-Stake (PoS) where Particl cold staking is enabled by smart contracts and through that users have the power to stake nodes though it does not contain coins. That makes Particl unique as users are allowed to stake their coins offline. PART, the platform’s native token, is a privacy coin.
Being built on Bitcoin means Particl benefits from the security and scalability of Bitcoin and easily fork products from its community. PART is also used to secure the network through Particl PoS and if one wants to access their features they ought to have purchased the PART coin.