Pascal currently has several full-time developers including Albert Molina and Herman Schoenfeld. Sphere 10, a company directed by Herman, also allocates developers to this project from time to time. Currently there are 5 full-time developers actively working on Pascal. Various other developers have contributed to the Pascal project (web, documentation, code, etc). After the initial V1 release, new developers joined the project forming what is known as the Pascal Developers.

  1. There is a full C# implementation of PascalCoin being developed by Sphere 10 software called NPascalCoin.
  2. Pascal provides an operation called OP_DATA that allow an account to send a data packet to another account.
  3. Also, Account’s have a Type field that is a number that ranges from 0 to and a Data field of 32 bytes.
  4. Pascal coin has its wallet software, which can be downloaded from its official website.

It can represent numbers, strings, ordered sequences of values, and collections of name/value pairs. JSON-RPC is a stateless, light-weight remote procedure call (RPC) protocol. Primarily this specification defines several data structures and the rules around their processing. It is transport agnostic in that the concepts can be used within the same process, over sockets, over HTTP, or in many various message passing environments. The Blaise wallet allows users to obtain Pascal accounts directly in their wallet.

• Current and upcoming synchronization implementations for nodes mean that a state-attacker would need to re-mine far more than 100 blocks. For example, the default setting for nodes who opt for checkpointing instead of continuous history is to pascal coin value download a checkpoint per 2016 blocks or 7 days. Since only the ledger balance is required for consensus and not the full ledger, Pascal attains exponentially higher transaction throughput per unit of storage than UTXO-based cryptocurrencies.

Pascal is a fast, zero-fee, scalable and totally decentralized multi-purpose blockchain designed for payments, data operations and layer-2 applications. Pascal provides an operation called OP_DATA that allow an account to send a data packet to another account. Encryption modes include ECIES encryption using sender or recipient key, or AES using a shared secret. These data packets are 255 bytes in length and include a 16 byte GUID key and 16 bit Sequence field that can be used to group packets into a larger logical data-stream. This approach provides a clear enveloping capability for Layer-2 protocols much in the same way that TCP/IP envelopes HTTP in networking.

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The SafeBox model does not work with Proof-of-Stake (PoS) since stake-proofs cannot be aggregated to secure the SafeBox. However, Proof-of-Stake will also be incorporated in Pascal’s layer-2 development in the near future. Pascal can be purchased from cryptocurrency exchanges using Bitcoin and/or other major coins.

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Safe Box helps to perform something like a blockchain pruning, by deleting unnecessary blocks from the network, making it lighter and easier to work with. Pascal coin (sometimes written as “Pascalcoin”) (PASC) is a proof-of-work cryptocurrency that introduces new cryptographic structure called Safebox. The codebase is written in the Pascal programming language and is open source.

Pascal coin may be used both for the secure transactions and public transactions. Users are offered to link a name/email/company name to the account and receive transactions of data, currency and so on, directly to the account of the Pascal coin network. PascalCoin plans to implement a hashing algorithm called Random Hash to power its proof-of-work. It is developed to provide users with CPU mining, which is the most egalitarian way of mining. Approachability of the CPU and difficulties related to cost of building CPU mining ASICs make the cryptocurrency suitable for the mass adoption. • The network would not be impacted by the large volume of transactions since the natural process of checkpointing discards these transactions after 100 blocks.

Pascal adopts a low-memory, GPU- and ASIC-resistant hash algorithm called Random Hash – the first of its kind – that fully preserves mining decentralization. Random Hash is an innovative, « high-level cryptographic hash » algorithm that combines other well-known hash primitives https://cryptolisting.org/ in a highly serial manner. In addition to RandomHash’s serial nature, it is branch-heavy and recursive which makes Pascal optimal for CPU-only mining. RandomHash is designed to ensure Pascal remains a globally decentralized network that runs well on low-end hardware.

In terms of cost-benefit analysis, the SafeBox is superior to full blockchain because the SafeBox needs only “1%” of storage yet retains “99%” of security. • Since nodes require the last 100 blocks minimum, the “network median history” will never fall below 100. In practice, due to the presence of archival nodes which maintain full-history and long-running nodes which maintain large histories, the “network median history” will always be significantly larger than 100. Pascal’s 0-confirmation transactions offer instant and secure payments for merchants.

Convert US Dollar to Pascal Coin

As a result, Pascal has a strong privacy roadmap that has already been partially rolled out. Accounts can transfer data between themselves, securely and privately without bloating the blockchain. Supports smart-agents, monetized APIs, embedded-chains and (soon) proof-of-stake overlay network.

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The ability to verify the aggregated proof-of-work of the entire blockchain without needing the blockchain is the primary innovation of Pascal and the reason why the Pascal blockchain can be deleted. Below you can download the Whitepaper which goes into greater detail on the inner workings of Pascal, including the groundbreaking SafeBox technology. Pascal coin has its wallet software, which can be downloaded from its official website. According to the developers, the maximum size of the SafeBox is up to 500 MB. There is a full C# implementation of PascalCoin being developed by Sphere 10 software called NPascalCoin. It currently supports the JSON-RPC API with plans for network protocol.

This would result in a fast, cheap and seamless anonymity for Pascal users. The roadmap also includes R&D proposals for Layer-1 zero-knowledge proofs and Layer-2 dApps to achieve other avenues for anonymity. The decentralized consensus ledger scheme described above can also be used to maintain a set of block-headers of a side-chain, referred to as an “embedded-chain”. The contents of the blocks from embedded-chains are not necessarily required to be included, only the headers.

The SafeBox is the ultimate source of truth in Pascal and maintains a ledger balance of all users’ funds rather than the full ledger. Structurally, it is like a spreadsheet where each row denotes a bank account (PASA) and each column denotes a property of that account (i.e. Pascal balance, public key, etc.). The “address” of an account is simply its index within the SafeBox (with an appended checksum). Every time a new block is minted, the transactions or operations contained within that block are eventually applied to the SafeBox which results in a mutated state. The resultant hash of the mutated SafeBox must then be referenced by the subsequent block in order to qualify as the next block.

JSON-RPC methods list

This would result in a fast, cheap, seamless and genuine anonymity for Pascal users. • If one falls to a state-attack, the worst case is that he would simply need to re-download a longer segment of the Pascal blockchain history and recover his balance(s). The state-attacker would be stuck with invalid balances unless he continues to fool others.

Since an account history is cryptographically secure and intrinsically verifiable, Layer-2 nodes can validate their consensus ledgers without the Layer-1 blockchain or SafeBox. They only need to ensure the latest account state matches the account state in most proof-of-work SafeBox. This can be achieved by requesting a merkle-proof of the parent Account Segment from the Layer-1 network, a virtually instant operation. Pascal’s version 3 added an in-protocol PASA and PASC tumbling capability. This protocol capability will allow future roll-out of anonymity approaches similar to CashShuffle[12] and CashFusion[13] pioneered by Bitcoin Cash. Through this approach, users who elect to make a private transaction would only pay a marginal fee and, under the hood, the wallet would obfuscate their transaction beyond any ability to reconstruct it.