Crypto Asset Overview: Particl (PART)

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DISCLAIMER This post reflects my personal opinion only; it does not constitute investment advice of any kind.

Overview

The ticker for Particl is PART

Particl is the token for a decentralized private marketplace.

It implements things like identities (so that merchants can prove they own a given item), messaging systems, insurance deposits and other game-theoretic incentives for sellers and buyers not to scam each other.

Privacy

  • Transaction amounts are hidden to prevent amount correlation attacks

History

Particl is built on the Elements Project, which is a way to add small, custom features to your blockchains.

Proof of Stake

  • Particl uses Proof of Stake (PoS) to incentivize node operation

  • Rewards for staking go up year by year (i.e. it has a small amount of inflation built in).


References

Dialogue & Discussion