paycoin: News of Paycoin (PCI) - July 2024 Price Update - 21.68% Breakout Crypto News and Analysis

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Paycoin payment service was first launched in S.Korea in 2019. Users can use Paycoin (PCI) to purchase goods and services from Paycoin's merchant network. By September 2021, Paycoin has reportedly onboarded more than 70,000 merchants including 7-Eleven, Domino's Pizza, KFC, and 2 million registered users, generating more than 10 million USD payment transactions.

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Starting on July 15th, 2024, you will be able to trade Paycoin (PCI) again on the Bithumb exchange! With the reasons for the termination of Paycoin trading support fully resolved, we are proud to stand once again before our domestic Paycoin users. This relisting on Bithumb will provide Paycoin users with a richer and more diverse trading environment. The Paycoin (PCI) ecosystem is expected to expand more broadly, leading to the growth of the user base and the emergence of more diverse use cases.

Explore the Core.

Paycoin was a hybrid cryptocurrency that utilized concepts from both proof-of-stake and permissioned distributed ledger systems, rather than a standard proof-of-stake system as it was marketed. The developers had enumerated certain network addresses within the code to grant those users disproportionately large rewards, indicating the developers had a strong profit motive and could benefit at the expense of normal users. This was an example of developers fraudulently misrepresenting the software and creating an unhealthy link between network profits and development. Paycoin was not a truly decentralized cryptocurrency network, as the developers maintained significant control and the ability to profit disproportionately from the system.

Spot the Main Event:

They team just announced that starting on July 15th, 2024, user will be able to trade Paycoin (PCI) again on the Bithumb exchange!With the reasons for the termination of Paycoin trading support fully resolved, they are proud to stand once again before our domestic Paycoin users. This relisting on Bithumb will provide Paycoin users with a richer and more diverse trading environment. The Paycoin (PCI) ecosystem is expected to expand more broadly, leading to the growth of the user base and the emergence of more diverse use cases.

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Explore the Core.

Paycoin is a Web3 Project that claims to be the world's Most viable end-to-end Crypto payment Platform. It's a project that was launched in the year 2019 in South Korea. So far, They've been able to bring Onboard Over 3,000,000 users and have cooperated with top merchants like KFC, Domino's Pizza, and 7-eleven, amounting to 130k+ Partners. which has been used as a Platform to transact $10M plus.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.