Dear LBank users,
LBank will list PLCU(PLC Ultima) soon. Please refer to subsequent announcements for details.
- About PLCU(PLC Ultima)
The PLCU mission is to give hundreds of millions of people who are deprived of traditional fintech services access to a global financial infrastructure and instant payments around the world.
PLC Ultima is a massive infrastructure project, which combines the innovation of blockchain technology with the stability of dozens of time-tested business models.
PLC Ultima bridges the gap between traditional business and the crypto world. PLCU offers innovative business solutions which enable merchants from around the world to sell their products for cryptocurrencies, interacting with a global audience of crypto enthusiasts.
The PLC Ultima blockchain is based on the Litecoin blockchain. Both are characterized by network stability, transparency, and high transaction processing speed with the option of using the Segregated Witness protocol upgrade.
Basic network parameters
Codebase: Litecoin 0.14.2
Hashing Algorithm: CryptoNight
Block type: Proof-of-Work (PoW)
Block frequency: ~ 90 sec
Block size: 4 Mb
Consensus building method: proof of work with regulated complexity (recalculation of complexity every 2016 blocks).
Key prefixes: 3 bytes, U2xF (testnet), U2xH (mainnet)
Pre-mining: 500 000 PLCU in first 100 blocks
Burned coins: 485581.36363549
In circulation: 113 000
Total supply: 11 000 000
Minting initialization: blocks starting 100 to 50 000
The developers of PLC Ultima have expanded the functionality of the Litecoin blockchain and increased the scope of its application. The PLC Ultima blockchain uses the CryptoNight hashing algorithm used by Bytecoin and Monero. We have introduced a more equitable distribution of rewards among participants using minting, backed by smart contracts. Additionally, this solution has been tested for vulnerability to all types of attacks, including network separation, hacking attempts, blockchain tampering, keyspace attack, etc.
Page: https://www.facebook.com/plcultima
Group: https://www.facebook.com/groups/plcultima
Telegram: https://t.me/plcultima
Twitter: https://twitter.com/PLCU_OFFICIAL
Website:
Blockchain browser:
Whitepaper:
https://plcultima.com/documents/en/WhitepaperEN.pdf
Click here to download for iOS or Android
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