What Is Protocon?(PEN)
The live Protocon price today is $0.102611 USD with a 24-hour trading volume of $93,742.94 USD. We update our PEN to USD price in real-time. This is up 0.08% in the last 24 hours. The current CoinMarketCap ranking is #4356, with a live market cap of not available. The circulating supply is not available and a max. supply of 5,000,000,000 PEN coins.
- What Is Protocon?(PEN)
- Frey Storage Key Points
- Protocon builds an automated protocol economy supported by a firm trust system.
- Fast data processing speed
- Reasonable transaction fees
- Ready to use capability for businesses
- Stable node environment
- Optimized for building Decentralized apps
- Start staking on Protocon and get rewards.
- Key Benefits of PEN Staking
- Join the Protocon Community
- Token Model
- Blockcity
- Token Economy and Fee
If you would like to know where to buy Protocon Coin at the current rate, the top cryptocurrency exchange for trading in stock is currently Bibox. You can find others listed on our crypto exchanges page. Protocon is a Web 3.0-based, Layer 1 public blockchain platform that is opened for anyone.
Frey Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | Protocon |
| Short Name | PEN |
| Total Supply | 5,000,000,000 |
| Max Supply | 5,000,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Protocon builds an automated protocol economy supported by a firm trust system.
Protocon ISAAC+ CONSENSUS PROTOCOL maximizes the advantages of PBFT, such as speed, efficiency, and economy, to ensure optimal network stability.
Fast data processing speed
They provides up to 5,000 tps.
Reasonable transaction fees
A constant and sustainable fee system based on ‘base price fee’.
Ready to use capability for businesses
Contract Model allows developers to build dApp services easily and quickly.
Stable node environment
The integrity of the node is always checked to ensure the stability of the node in the live network state.
Optimized for building Decentralized apps
Various Decentralized App services can be developed using Protocon Coin ‘Contract Model’. Because the model modulates the blockchain function into a framework, Blockchain application services can be developed and deployed more easily, quickly and safely.
Start staking on Protocon and get rewards.
Deposit PEN to provide liquidity and get rewards. Depending on the pool, various dApp tokens can be obtained as rewards.
Key Benefits of PEN Staking
1. Acquisition of initial participation rights for Protocon-based app services
2. Participate in Governance and obtain voting rights
3. Acquire PEN premium rights
4. Contribute to the construction of the Protocon ecosystem
Join the Protocon Community
Protocon ecosystem is built by active participation of community members from all over the world. Join the community now and don’t miss the latest update and announcements.
Token Model
In general, Token Model includes features which allow issuance and transmission of tokens on the mainnet. Currently the development of a model corresponding to Ethereum’s ERC- This is complete, and other token models with various characteristics will be developed one by one. All models including token models use fee model to pay for network fees. ProtoconNet uses PEN Token issued by the network as the key currency and governance token of the Protocon Coin ecosystem which operates through the Token Model. dApp service providers may also issue tokens of their own using the Token Model. As described in the gure below, a dApp token can easily be issued by setting several values including the amount issued, fee policy and currency ID and running the operation.
DID Model
One of the areas that is emerging importantly/signi cantly in relation to blockchain utilization is the DID area. DID is an infrastructure service that secures individual identity and uniqueness in decentralized networks or global economic activities beyond the
boundaries of individual countries, and further manages ownership and disposal of various assets, certication records, and works stored in the blockchain. They will provide more convenient usability by building a DID model that is based on ProtoconNet and
compliant with global standards.
Blockcity
To prove the applicability of ProtoconNet in industrial uses and build pro table mainnet business model, we have created the “Blockcity” where blockchain is fused into a game, Minecraft. In addition, they connected the Blockcity with Blocksign to store the original copy of documents and badges related to land registration, ownership, and copyright, proving the necessity and utility of the Blocksign service and generating its usability.
Token Economy and Fee
For last years, cryptocurrency has experienced intense changes since the beginning of Bitcoin Network. Although some still insist that public blockchain industry is unsubstantial, it is them who do not understand the actual state of cryptocurrency industry. Converted into the at money, the total sum of Bitcoin fees has exceeded $B as of. As of March monthly sum of Ethereum fees is equivalent to approximately $M, and it means the annual sum is over $B. Blockchain industry is gradually becoming a mature business.
