Pactus

Other

Copy link
Share on X

Claim company
Report company

Description

Pactus is a decentralized layer-1 blockchain launched on January 24, 2024, featuring the innovative Solid State Proof of Stake (SSPoS) consensus model to ensure fair, transparent, and decentralized participation. Driven by an open-source community, Pactus eliminates the need for delegation by using a randomly selected committee for block creation and transaction validation. This reduces computational resources and carbon footprint. The project plans to develop a full ecosystem with decentralized storage, development tools, secure transactions, and user-friendly experiences by 2025.

Socials

Similar companies

P2P.org

P2P.org offers staking services for various blockchains like Ethereum, Cosmos, and Solano, simplifying secure cryptocurrency staking for the DeFi community.

Pax Unitas

Pax Unitas reshapes crypto marketing, tackling sybil attacks and inefficiencies with innovative tools like AI-Gem Finder, dynamic staking, and NFT equity sharing, while advocating for global peace.

pact

Pact, a decentralized exchange, offers zero-fee trading, governed by $PACT token holders. Features include staking rewards, transparency, anti-wash trading, and a loyalty program to enhance community ownership and DeFi integration.

Pocket Network

Pocket Network is a decentralized protocol enabling secure API connections between blockchain apps and networks, supporting multiple blockchains, reducing costs, and improving decentralization with POKT token incentives.

pSTAKE

pSTAKE is a liquid staking platform that unlocks liquidity from staked PoS tokens, offering 1:1 pegged tokens for use in DeFi, with multi-chain support and enhanced security features.

PAC Protocol

PAC Protocol provides a blockchain-based data storage and management solution with secure, scalable, and cost-effective decentralized storage options through its PAC App and masternode infrastructure.

Proof of Stake Alliance

POSA advances proof of stake (PoS) in blockchain by working with regulators for clear laws, promoting PoS benefits, and fostering standards for interoperability and security.

Pizon

Pizon is a blockchain platform offering a unique gamified referral system, fair launchpad, and AMM for fairlaunch tokens, driving transparency and user yield.

PACTCare

PACTCare utilizes blockchain to enhance healthcare data security, integrity, and interoperability, ensuring the safe management of health records.

POC Blockchain

POC Blockchain integrates blockchain technology across industries with a dual-layer architecture, using DPoS for secure value transactions and customizable industry chains for scalability.

PDX

PDX blockchain optimizes for scalability, privacy & cost, offering fast transactions & high decentralization. It introduces novel consensus for efficiency, aiming at businesses needing secure, scalable solutions.

PARSEC Labs

PARSEC Labs offers a PoS blockchain for scalable, interoperable dApps, focusing on developer tools, faster transactions, and lower fees.

FAQ

What is Pactus?

Pactus is a decentralized layer-1 blockchain that employs a unique Solid State Proof of Stake (SSPoS) consensus model, aimed at ensuring fair, transparent, and decentralized participation. Launched on January 24, 2024, it boasts a dedicated open-source community, focusing on reducing computational resource requirements to offer a cost-effective and environmentally friendly alternative to traditional Proof of Stake systems.

How does Pactus' Solid State Proof of Stake (SSPoS) model work?

The Solid State Proof of Stake (SSPoS) model in Pactus removes the necessity for delegation by employing a randomly selected committee to handle block creation and transaction validation. This setup ensures decentralization and transparency while reducing the computational resource demand, making it more cost-effective and eco-friendly compared to conventional Proof of Stake models.

What are the benefits of using Pactus over traditional blockchains?

Pactus offers several advantages over traditional blockchains, including reduced computational requirements, which lower costs and environmental impact. Its SSPoS model promotes decentralization and fair participation by utilizing random committee selection instead of delegation. This makes it more transparent and secure while ensuring a user-friendly experience for developers and node operators.

What sets Pactus apart from other Proof of Stake blockchains?

Pactus distinguishes itself through its unique Solid State Proof of Stake (SSPoS) model, which eliminates delegation in favor of a randomly selected committee for block creation and transaction validation. This approach reduces the need for high computational power, offering a more sustainable and cost-effective blockchain solution that maintains decentralization and fairness.

What future developments can we expect from Pactus?

By 2025, Pactus aims to develop a complete ecosystem including decentralized storage, development tools, secure transactions, and user-friendly interfaces. This will enhance its utility, providing developers and users with comprehensive support for decentralized applications and services, further establishing its role in the blockchain industry.

What should I do if I encounter issues with Pactus?

If you encounter issues with Pactus, it is recommended to consult their open-source community, as it consists of experienced developers, node operators, and supporters who can offer guidance. Additionally, checking Pactus’ official documentation and community forums can provide troubleshooting steps specific to common problems.

FAQ

Company is unclaimed. Do you work for or own this company?

Description

Socials

Tags