Plian (PI)

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Description

Plian (PI) is an open-source, decentralized cryptocurrency designed to be used as a medium of exchange. The founder and lead developer of Plian is anonymous, however the project has received backing from NEO Global Capital, a venture capital firm based in Singapore. Plian is unique in that it is the first blockchain-based “time-locked” cryptographic asset. This means that Plian tokens can be locked and redeemed at a set time in order to provide security and trust to holders of the currency. One key feature of Plian is its inflation mechanism. Like Bitcoin, Plian serves as a deflationary currency, but it also has an additional mechanism built in to manage inflation. This mechanism is based on a deflationary circle – when transactions are made on the Plian network, a small portion of coins are burned, incentivizing users to use the currency and creating scarcity over time. The Plian blockchain is primarily used for digital payments. It enables users to easily transfer value from one party to another without any third-party involvement or trust. Since the currency is time-locked, it allows users to lock their tokens for a period of time, creating a secure environment for both buyers and sellers. Plian can be purchased from a variety of online exchanges, though the most popular exchange to buy/sell Plian is Binance. Plian is also available on Coinbase and other popular exchanges as well. To store and manage Plian, users will need a wallet. Plian has its own official wallet as well as several third-party wallets you can choose from. Overall, Plian (PI) is a unique and powerful decentralized cryptocurrency. By enabling users to securely and cheaply transfer value and facilitating a deflationary circle to manage inflation, it has the potential to revolutionize digital payments and provide the world with a powerful new currency.