Dear LBank users,

 

PLCU(PLC Ultima) will be listed on LBank at 16:00 on Apr 2, 2022 (UTC+8), the details are as follows:

 

Trading Pair: PLCU /USDT

Deposit Enable: 16:00 Apr.1, 2022 (UTC+8)

Trading Open: 16:00 Apr.2, 2022 (UTC+8)

Withdrawal Enable: 16:00 Apr.3, 2022 (UTC+8)

 

  • 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 the 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."

 

Facebook: https://www.facebook.com/plcultima

Facebook group: https://www.facebook.com/groups/plcultima

Telegram: https://t.me/plcultima

Twitter: https://twitter.com/PLCU_OFFICIAL

 

 

Website:

https://plcultima.com/en/

Blockchain browser:

https://plcultima.info

Whitepaper:

https://plcultima.com/documents/en/WhitepaperEN.pdf

Click here to download for iOS or Android

 

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