The cryptocurrency trading exchanges Bittrex Global (www.global.bittrex.com) and BitMart (www.bitmart.com) have begun trading PKT ($PKT), the world’s first layer-1 blockchain for bandwidth. BitMart is supporting PKT/USDT and Bittrex Global has PKT/USDT and PKT/BTC markets.
(Photo : Luna PR)
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PKT makes it so anyone in the world can easily monetize their unused internet bandwidth. As more people connect, this builds the high speed PKT Network. PKT technology is designed so people can become ISPs and tokenize and trade bandwidth in decentralized bandwidth markets worldwide.
PKT is a completely decentralized project, with no company, no investors and no pre-mine. Community participation builds the decentralized, high speed PKT Network powered by the people.
The blockchain is designed for microtransaction with 60 second block times and near-zero fees. The vision is to encourage people to operate network infrastructure and expand internet access worldwide through mesh networking.
PKT uses the world’s first bandwidth-hard proof-of-work mining algorithm, called PacketCrypt. There are two types of PKT mining: announcement mining, which anyone can do from an internet connected device, and blockmining, which requires starting a PKT mining pool.
The PKT mining pools have reported sustained network bandwidth of more than 100 GB/s, powered entirely by the community. Mining difficulty has increased over 200,000% since January 2021.
The PKT roadmap includes free VPN, localized mesh networking, WiFi sharing, and TokenStrike, a new token protocol that supports microtransactions with near-zero cost issuance and near-zero gas fees in order to power NFTs and decentralized bandwidth markets.
PKT is the currency for bandwidth, helping get the next billion people online.
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