What is P-20 Blockchain
P-20 Blockchain is an innovative EVM Layer 1 blockchain prototype with the world's first privacy stablecoin, PVT-USD, as its native currency, prioritizing privacy and censorship resistance. P-20 Blockchain is designed with a primary focus on privacy and resistance to censorship.
Unlike traditional blockchains and cryptocurrencies such as USDT and USDC, which have transparent blockchains where transactions can be verified and traced by anyone in the world, P-20 Blockchain utilizes advanced technologies to ensure the utmost privacy for its users.
P-20 Blockchain empowers individuals with unmatched transaction privacy to protect users data within transactions, keeping it concealed to the users who participate in the network.
By implementing advanced cryptographic techniques, such as zero-knowledge proofs and ring signatures, P-20 Blockchain ensures that transaction details and user identities remain securely concealed.
These robust privacy measures enable individuals to engage in confidential and anonymous transactions, providing peace of mind and eliminating concerns about the privacy of their financial activities.
P-20 Blockchain utilizes an innovative consensus mechanism that combines Directed Acyclic Graph (DAG) and asynchronous Byzantine Fault Tolerance (aBFT), enabling parallel processing, enhancing scalability, and ensuring secure and reliable consensus offering a throughput of 338,000 transactions per second and minimal transaction fees, while maintaining security and reliability.
With a robust stability mechanism, P-20 Blockchain effectively addresses price volatility, maintaining the value of PVT-USD coins at a steady one-dollar target. Furthermore, its compatibility with the EVM ecosystem empowers developers to leverage familiar tools and programming languages, fostering innovation within the P-20 Blockchain community.
On P-20 Blockchain, building smart contracts ensures privacy and provides the option for private projects or private roll-ups, ensuring confidentiality and security for participants.
P-20 Blockchain stands out with its strong focus on privacy, advanced consensus, price stability, and EVM compatibility. It offers a secure and private space for transactions, reliable scalability, a stable value for its native currency PVT-USD, and a user-friendly environment for developers. Join the P-20 Blockchain community and experience a new era of private, secure, and innovative digital transactions at lightning-fast speeds.