PINKCHAIN- A Layer-1 EVM Blockchain Platform

The exponential growth in the Blockchain and cryptocurrency in the world today has really changed our daily life. It has a vast impact on the financial and economic sectors.The financial sector has transformed completely from what it was in the past years when the traditional system was used.The use of Decentralized Finance has further improved buying and selling,and acquisition of assets has made it open and transparent for every investor.

The world is revolving and the use of cryptocurrencies has been brought closer to people at the grassroots and it is gradually becoming the most used means of payment used by everyone in the business sector. Cryptocurrency has so much benefit,like a store of value, security and ease to access which is becoming more convenient to users and its serves as a guideline on how investors can manage their finances.

Having seen numerous Blockchain developed since its inception, the importance of Blockchain cannot be undermined. Blockchain technology is becoming a major part of human life as it brings vast transformation to every area of human life. It’s evolutional impact on human life is worth appreciating by those who knows it’s value. Blockchain technology has brought transparency, trustworthiness to play base on its design. In the course of this article we will be looking at PINKCHAIN, a Layer-1 EVM Blockchain Platform.

ABOUT PINKCHAIN

PinkChain is a Layer-1 EVM Blockchain Platform focused on DeFi, GameFi and Metaverse. It is the aboriginal PoW Blockchain to accept Clamminess Mining and Staking, a greater another to PoW Ethereum. PinkChain is Scalable, Sustainable, High-performance Blockchain platform. PinkChain ensures absolute decentralization appliance Proof of Work (PoW). EVM stands for ‘Ethereum Virtual Machine’ which is a ciphering agent that acts like a decentralized computer which has millions of executable projects. EVM works like a ample decentralized or adept computer to complete all types of tasks on the blockchain.

PinkChain is a Defi, GameFi, and Metaverse-targeted Layer-1 EVM Blockchain Stage. It is the main PoW blockchain to have Liquidity Mining and Marking, a more noteworthy choice in comparison to PoW Ethereum. PinkChain is an adaptable, doable, elite execution blockchain degree and completely feasible with EVM, empowering engineers to gather flexible, smooth-to-use dApps at nearly zero fees. PinkChain ensures actual decentralization using affirmation of work (PoW).

EVM COMPATIBILITY

EVM, which is among the biggest and most popular blockchain projects in the crypto space, represents the Ethereum Virtual Machine is a blockchain based engine for computation. It operates as a decentralized computer with millions of projects to be executed. EVM simply operates as a very large decentralized computer which executes multiple blockchain tasks on the blockchain. PinkChain is designed to be fully compatible with the Ethereum Virtual Machine and can be able to run any application built on the Ethereum Virtual Machine EVM. PinkChain allows developers to run smart contracts written in familiar programming languages on its platform.

FEATURES OF PINKCHAIN

? Supports Cross Chain: This platform features a Pink Bridge which connects PinkChain to the existing popular blockchains such as Binance Smart Chain (BSC), Ethereum Network, and Polygon. The function of the Pink Bridge is to enable data exchange between PinkChain and every other supported blockchain network. With the Pink Bridge, users are able to transfer Non Fungible Tokens (NFTS), Crypto tokens, and other arbitrary data between the PinkChain and other blockchain networks.

? High Performance: PinkChain has a very high performing capacity that allows it to perform more than 2000 tx/block and still maintains scalability and high security. PinkChain can adjust transaction size and block size depending on the load and usage on the network.

? Cheap Transaction Cost: PinkChain has been designed to offer users the best transaction services with almost zero cost. This makes it usable and accessible to all on a daily basis.

? Stablecoin: PinkChain platform comes with its own native stablecoin with the symbol PUSD which is fully supported by already existing and known stablecoins like the BUSD, USDT, USDC, DAI , and PAX. PinkChain has another great feature, PinkDAO which acts as a bank for the deposit of various stablecoins to earn a single and standard stablecoin, PUSD with interest. PinkDAO is totally decentralized and functions without the influence of third parties.

? Native AMM Protocol: PinkChain also features PinkDEX, an Automated Market Maker Protocol of the PinkChain providing users with native crypto rewards when they provide on-chain liquidity. This feature helps to provide users with incentives which will also go a long way in boosting the entire PinkChain liquidity. This will simply attract more users and investors to the PinkChain ecosystem.

? Mining For Everybody: Unlike the traditional mining system where a particular group of people are allowed to mine, PinkChain has made its mining as simple and easy as possible to allow everyone to be involved in its PINK mining through provision of liquidity apart from the GPU mineers

PINKCHAIN TOKEN

CONCLUSION

PinkChain is a dynamic blockchain project that tries to be practical with the Layer-1 Ethereum Virtual Machine EVM and, moreover, offers the crypto neighborhood a totally decentralized crypto organization with high flexibility, high security, and the outstanding yield on an adventure.

For More Information:

Website: https://pinkchain.net/

Whitepaper: https://pinkchain.net/docs/whitepaper.pdf

Twitter: https://twitter.com/PinkChainNet

Telegram: https://t.me/Pinkchain_chat

Discord: https://discord.gg/jzxrn5H4eQ

Writer's Information:

Bitcointalk Username: Bossman111

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3463496