Technical implementation: PZM Cash blockchain
Hello 👋🏻 Today, we will tell you about the PZM Cash blockchain. 🔗
🔗 Blockchain is like a ledger. This is expressed in the fact that it is possible to introduce a variety of events into it — data on money transfers, orders, status updates, etc., which are unchanged. A distributed ledger is an electronic book which storage devices are not connected to a common server. This database stores an ever-growing list of ordered records called blocks. Each block contains a timestamp and a link to the previous block.
🔗 The PZM Cash blockchain is a ledger implemented through the concept of a linked list, in which each new record contains information about the previous one in encrypted form. If a blockchain is attempted to crack and change a block, then all subsequent blocks will automatically change, which will lead to instant detection of fraud. Such resistance to variability is a great advantage.
🔗 The PZM Cash blockchain is focused on the development, development, and expansion of the functionality of decentralized applications. Our blockchain uses more common and simple JavaScript, which makes the platform accessible to a large number of developers and enables the scaling and development of custom cases.
🏆 PZM Cash is designed for a very wide audience since JavaScript implies the presence of a large number of special libraries. Each of them complies with the PZM Cash protocol. This facilitates the development of cryptography, transactions, P2P, etc.
🏆 A distinctive feature of the PZM Cash blockchain is the use of sidechain technology to run fully debugged applications and independent blockchains within the same platform. Sidechains is a technology that allows a user, without the participation of a third party, to move coins from one blockchain to another, use them there and return them back.
🏆 The main advantage of sidechains is that the technology allows users to access and use many services. For example, move coins to a third-party chain to use special privacy features, faster transactions, or smart contracts.
📣 For more information about our blockchain, visit our website: https://pzmcash.com
