PRIZM (PZM)

PRIZM (PZM) is an open source, decentralized, peer-to-peer cryptocurrency created in 2014 by a Russian scientist and cryptographer, Sergey Prizm. The project aims to create an efficient, secure, and trustless cryptocurrency that allows for fast, safe, global transactions. What Makes it Unique? Unlike most cryptocurrencies, PRIZM is based on the unique ‘proof-of-stake’ protocol. This protocol requires users to ‘stake’ their coins in order to increase their stake in the network and, in turn, increase the value of their coins. This creates a cycle in which users are incentivized to collude and support the project by holding and staking large amounts of coins. As more people use and stake their coins, the value of the coin increases due to a larger amount of available coins. Where is it Used? PRIZM is used for a variety of purposes, including trading, investing, paying for goods and services, and as an investment for the long-term. It is becoming increasingly popular with merchants and business owners since it offers a secure and fast way to transfer value without the need of a middleman. It is also gaining ground as a popular store of value due to its lower wholesale costs. It is also possible to use PRIZM to purchase gift cards and other incentives, which adds to its versatility. Where to Buy/Sell it? PRIZM can be purchased and sold on a variety of cryptocurrency exchanges, such as Binance, OKEx, and KuCoin. The easiest way to purchase PRIZM is directly with a credit card or bank transfer. Many of the popular exchanges accept a variety of payment methods, including SEPA, Skrill, and Litecoin. PRIZM can also be obtained for free through faucets, borrowing, referring friends, and other methods. Once you have acquired PRIZM, you can hold it in a variety of wallets, both software and hardware. Comments: I think PRIZM is an interesting coin. The unique Proof-of-Stake protocol that it uses means that it is always incentivized to increase in value without the need for miners. This could make it an appealing long-term investment. Also, with its versatility and ease-of-use, it can easily be used for a variety of different purposes, such as payments and trading. Lastly, the fact that it is quite accessible and easy to purchase makes it even more appealing.