What is PBCa currency (What is the concept of PBCa)?
What is PBCa currency? According to bitcoin.com, PBCa is a project mentioned in
What is PBCa currency? According to bitcoin.com, PBCa is a project mentioned in the Bitcoin whitepaper. According to the official introduction, Distributed Ledger Technology (DLT) based on blockchain can provide a decentralized database, payment system, and value exchange network for business applications. It also allows developers to deploy smart contracts on public clouds and program applications to meet various needs.
For this new digital currency, the issuer must use a new mechanism called “BCA” to store its raw data and transaction fees, and send them to users by sharing the tokens of block producers with other participants.
What is the concept of PBCa?
According to public information, PBCa is a distributed database protocol based on blockchain technology. In the public ledger, each node has its own data structure, corresponding permissions, and control rights owned by one or more entities. It can also have different application modules, consensus algorithms, and smart contract languages.
It is reported that the concept of “public chain” was first proposed by Robert Habermeier, a former blockchain engineer at JPMorgan Chase, with the aim of solving the pain points in the current blockchain industry.
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