The Block • Sep 27, 23
Bitcoin’s correlation with equities continuing to diverge
The correlation between bitcoin and equities will continue to diverge over the coming months due to the Fed's continued monetary tightening.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
The price of Plian has fallen by 0.16% in the past 7 days. The price increased by 0.10% in the last 24 hours. In just the past hour, the price shrunk by 1.40%. The current price is $0.0032 per PI. Plian is 98.56% below the all time high of $0.22.
The current circulating supply is 0 PI.
The non-availability of a platform for application interconnection and scalable functions was a visible problem in the environment. Therefore the PCHAIN (PI) platform was developed with an aim to solve scalability and interconnection application problems for users. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.
As per the , by transferring to PCHAIN (PI), developers can get better conditions for running their applications like instant transaction verification and scalability. Moreover, the PCHAIN (PI) team uses technologies like blockchain, smart contacts, and (software to connect data) to accomplish the purpose of interconnectivity. Thus, with the use of these technologies, developers managed to create a platform that can interact with (Ethereum Virtual Machine) and make decentralized applications work faster. The EVM can compute a new valid state from block to block.
The oracle technology allows the platform to work with multiple blockchains and their interconnectivity. Further, the usage of an oracle helps in migrating data onto the blockchain into smart contracts. This migration of data is known as smart data, and its purpose is to sort the data and support DApps on PCHAIN (PI).
With the intention of a high-performance and interconnectivity concept, PCHAIN (PI) has launched the way out as a new protocol that can support the deployment of large-scale DApps. Therefore, the PCHAIN (PI) network started a public chain system that supports multichain applications and EVM technology. This setup provides a scalable and open platform for large-scale enterprise applications based on smart contracts.
In addition, the multichain structure permits the DApps to work with their side-chains independently from one another. This independent feature ensures the equal distribution of load on the affected blockchain and does not disturb the performance of other blockchains in the system. This feature of cross-chain usage and transactions allows exchange between PCHAIN (PI) and other supported .
To talk about the native non-refundable functional of the PCHAIN (PI) network, the PI token acts as a key component. The token PI aims to be helpful as the exchange unit between participants on the PCHAIN (PI) network as a convenient and secure mode of payment. PI acts as fuel for using functions on the PCHAIN (PI) network, providing economic incentives, encouraging participants to contribute, and maintaining the PCHAIN (PI) network ecosystem. The PCHAIN (PI) also claims to incentivize the nodes participating in the consensus, as PI is an integral and indispensable part of the PCHAIN (PI) network.
The PCHAIN (PI) team has Feng Cao as director and CEO. David Chen, Bin Wang, Ywain Dow are also CEOs of the team. The team has Ken Huang, Daniel Wang, Bo (Ramble) Lan, and Henry Cao as advisors.
On February 4, 2019, the team published the whitepaper of the PCHAIN (PI) network. The PI token’s total supply as per the whitepaper is 2,100,000,000 PI.
PCHAIN (PI) works with the consensus mechanism. This consensus mechanism helps in the interaction of various applications, and it makes all this possible via the usage of its set of rules or programming language.
The token PI uses of the Ethereum blockchain standard and follows the same rules. Once these PI tokens disperse on the Ethereum blockchain, they migrate to the native PCHAIN (PI) chain.Moreover, PCHAIN (PI) uses the process along with proof-of-stake functionality. The holders mine the tokens and earn rewards, and also, the token aids in the maintenance of the network. Mining is the method of minting tokens for acquiring rewards.
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The current market cap of Plian is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Plian is $0.22. This all-time high is highest price paid for Plian since it was launched.
Over the last 24 hours, the trading volume of Plian is $26.34K.
The current circulating supply of Plian is 0.
No, Plian is not currently available on Coinbase, but you can sign up to get the latest news on Plian and be notified when it gets added to our exchange.
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