What currency is paycoin (what is payg)
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What currency paychain is, paychain is the most important technology in blockchain projects. By applying and circulating the concept of asset tokenization, users can obtain relevant token benefits while participating in the PayChain network ecosystem. Paychain adopts a technology model based on the POS consensus mechanism (Proof of Stack), which means that every token issued will receive a 0.1 Bitcoin reward; Holding one token requires holding a certain number of tokens to unlock the corresponding payment function and network service fee income. What currency is paychain? Paychain is a decentralized digital currency exchange platform that can be used for sending, receiving, storing digital assets, or providing liquidity. Paychain is similar to traditional banking systems, but it uses a novel method to implement peer-to-peer payment transactions, rather than traditional intermediaries
What is payg
According to official sources, payg is the abbreviation for Paygo. Payg is a distributed ledger application (DApp) built on the ERC-20 standard, which allows anyone to create a decentralized, verifiable digital asset wallet and services or systems for paying and storing transaction fees. Payg runs on the blockchain and provides an easy-to-use interface for anyone to use. This protocol is designed to provide users with security and integrity solutions to securely manage their private keys, so that they can securely transfer and store Cryptocurrency
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