PACcoin is one of the older cryptocurrencies to employ both Proof of Work (PoW) and Proof of Stake (PoS) blockchain hashing mechanisms.
What is PACcoin(PAC)?
PacCoin (PAC) is a proof-of-work cryptocurrency that uses the SHA256D algorithm. It is basically an “alternative digital currency” that has been created by William Corliss.
PacCoin was originally founded by William Corliss back in 2013 and was known as PacCoin – Pacifica Nation’s official coin. It was first announced on November 12, 2013. The PACcoin crypto was released in 2015. Its price has been a solid negative in that it stayed on the negative and has ever touched a low of $9.48e-8. On 2nd January 2018, the price started picking. Within a few days, the price has touched a high of $0.000316. The market capitalization is almost $700 million as of 8th January 2018.
How does PACcoin(PAC) work?
PAC currently uses a PoS algorithm, as mentioned above. Its inflationary rate means that the number of coins in circulation will increase by about 12-fold per annum. Other than its extraordinary size, it is extremely similar to how other PoS coins work, meaning new blocks are added to its blockchain through users holdings coins in their account, rather than through classical mining mechanisms. It claims to have an average transaction confirmation time of fewer than 2 seconds and an average fee of less than $0.03. It also claims to offer totally anonymous transactions for its users.
How to buy PACcoin(PAC)?
Currently, PAC is only available on the Cryptopia and YoBit exchanges.If you chose to invest in PacCoin, there are two ways in which users may choose to do so. Option number one is to purchase PacCoin directly from the website using the link provided. Option number two is to purchase PacCoin on Cryptopia. Purchase Litecoin or Bitcoin from Coinbase. For that, the user should have an account in Coinbase. Create an account on cryptopia if you do not already have an account. Once you have an established account, transfer your Litecoin or bitcoin to cryptopia. Once your funds are deposited onto cryptopia you will need to exchange your Litecoin or bitcoin for dogecoin. Exchange your dogecoin for PacCoin.
PACcoin(PAC) Price prediction 2018
PAC can be a profitable investment option. PacCoin price equal to 0.000049 USD at 2018-02-15. If you buy Paccoin for 100 dollars today, you will get a total of 2061755.8 PAC. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-02-11 is 0.000123 US Dollars. With a 5-year investment, the revenue is expected to be around +154.43%. Your current $100 investment may be up to $254.43 in 2022. PacCoin price today is $0.000053 and the market cap value is $136,851,807. The volume is marked as $558,824 and the current supply is 2,568,973,866,070 PAC. PAC history, PAC exchanges, PAC wallets, where to buy PAC, PAC price chart, PAC price prediction.