WE ARE PAYBCHAIN
MAKING BLOCKCHAIN VERY SIMPLE TO UNDERSTAND
Paybchain blockchain is a decentralized operating system which can support industrial-scale decentralized applications. We are giving a preview to the future with Distributed Autonomous Organizations (DAO), complementary to EOSIO. With the new era of Web 3.0 technologies, organizations are now composed of both centralized business organizations managed by people and distributed automated platforms. Paybchain is fully decentralized without any central authorities.
DECENTRALIZED OPERATING SYSTEM
Paybchain is a virtual server that companies can develop and run their decentralized applications on. Built-in cryptocurrency incentives encourage end-users and service providers to participate in maintenance of the ecosystem, buy and sell services and products and get rewarded for participation. Paybchain is committed to study and application of cryptoeconomics: a branch of science that focuses on decentralized digital economy.
Delegated Proof-of-Stake as a staking model offers a solid level of flexibility. For example, in the case of any problem in a DAPP, the elected block producers can freeze it until the system is fixed. This means that not all nodes have to take care of chain maintenance.
Paybchain will generate a 5% natural inflation per year to not be reliant on any single foundation, individual, group or organization for its maintenance and development. The newly minted tokens will be shared amid platform's block producers based on their confirmation of transactions on the platform and also to the top three smart contracts or highest votes from holders of the tokens.
Full-stack Developer, IT Analyst
Markus Tapani Hyytinen