PKT Cash is the next iteration of a truly influence-free internet. Large corporations, governments and other forms of censorship are irrelevant, granting people unrestricted access to everything they want online with no form of discrimination or control from others.
Launched in 2020, the PKT Network is a blockchain project looking to decentralize the internet. It aims to bring free and equal access for all by developing local ISP networks where large corporations currently under-serve people.
The story behind PKT Cash
PKT replaces the SHA-256 hashing algorithm with its own PacketCrypt while still being based on Bitcoin’s codebase. The PKT blockchain is the only true bandwidth-hard blockchain that utilizes a 60-second block time. The network’s speed is 10x faster than the Bitcoin network, but with near-zero fees. The project is currently working on integrating Lightning Network functionality, which will provide near-infinite transactions per second and near-instantaneous settlement.
About PKT Cash
PKT Cash is an entirely decentralized and open-source project, with no corporation, investors or pre-mined coins. The Network Steward is funded by 20% of the coins mined per block, which is used to fund open-source development. In addition, PKT has struck a partnership with the NLNet Foundation, supporting open-source internet technology.
PKT Cash (PKT) is PKT’s native cryptocurrency and can be used for microtransactions so people can buy, sell and trade on PancakeSwap and will be available to buy on Bittrex shortly.