VICTORIA , SEYCHELLES , Aug. 30, 2023 (GLOBE NEWSWIRE) — P-20 Blockchain is transforming blockchain technology, fundamentally changing the approach to secure transactions, privacy-preserving smart contracts, and stable digital currencies. With its native currency, PVT-USD, at the core, P-20 Blockchain brings a profound shift marked by privacy, anonymity, and seamless decentralized applications.
P-20 Blockchain stands apart from peers by making privacy its utmost priority. Unlike transparent blockchains where transactions are open to public scrutiny, P-20 Blockchain employs advanced cryptographic protocols like Ring CT and Ring Signature. These protocols cloak transaction amounts and user identities, ensuring financial information remains confidential. Think of it as conducting transactions in a mask and using a secret code, safeguarding privacy from potential threats.
P-20 Blockchain leverages an innovative consensus mechanism combining Directed Acyclic Graphs (DAG) and asynchronous Byzantine Fault Tolerance (aBFT). This blend allows parallel processing,…