PCHAIN Monthly Report — — February 2021

Development Progress

PCHAIN News

  1. On February 15th, PCHAIN completed its 7th Burn of 50m PI! 25m PI from the Team and Foundation wallets.

The significance of PCHAIN V1.3.07 is its new caching mechanism. Why?1. Better balance between storage, time complexity & network sync. 2. It’s a foundation for DeFi scalability. — — Feb. 22nd

Bad blocks widely exist in all blockchains even in Bitcoin and Ethereum. It became worse in cross chains. We will fix almost 99% prev bad blocks in our incoming upgrade(V1.3.07). The new mechnism is also helpful to all other blockchains. — — Feb. 12th

PCHAIN is at the forefront of POS tech. And that‘s why we met many problems in 2020. All these tech issues will occur to the other POS blockchains when they generate more than 30 million blocks or when they (really) start achieving cross chain transactions. So this is just an example. — — Feb. 12th

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