PART Specifications

Quick introduction to technical properties of Particl's native PART coin. Read our PART coin FAQ on Wiki for more details

Updated August 22, 2019

Blockchain specifications

PART is a Proof-of-Stake and privacy-focused cryptocurrency based on the Bitcoin codebase. It is always maintained to its latest version for security, usability, and stability purposes.

Its blockchain is powered by multiple leading edge distributed protocols typically built for Bitcoin. This includes Segwit, atomic swaps, and the Lightning Network.

Block time 120 seconds 5× faster than BTC
Block size 2 MB 2× larger than BTC
Consensus mechanism Particl Proof-of-Stake with quantum-resistant cold-staking
Money Supply ≈ 9.081 million PART
Always up-to-date BTC codebase New changes to Bitcoin codebase are integrated to Particl regularly to keep up with latest security fixes and performance improvements
SegWit Segregated Witness Native support for all transactions
Atomic Swaps Supported with compatible blockchains
Fair distribution No ICO, no pre-mine

Staking

Particl’s staking protocols rewards stakers with regular dividend-like rewards in exchange for securing the network by keeping their nodes online.

Stakers can also use cold staking which rewards them with staking rewards even if their funds are stored offline in cold wallets or hardware devices. Stakers can also team up and stake using cold staking pools which are like mining pools, but for staking.

Particl Cold Staking Staking via dedicated devices or hardware wallets
Yearly interest rate 3 % decreasing each year by 1% (after 2 years onwards 2% yearly)
Current staking reward ≈ 0.9654 PART
Coin maturity 225 confirmations approx. 8 hours

Privacy features

PART is a next-generation privacy coin that leverages a combination of several privacy protocols (CT, RingCT, Bulletproofs, stealth addresses) as well as the Bitcoin codebase to provide unmatched privacy and flexibility.

Because these protocols run on top of the Bitcoin codebase, PART is able to be used within smart-contracts and decentralized applications, making them as private as the PART currency itself.

Multi-state privacy 3 optional privacy levels for transactions
Public transactions Bitcoin-like public transactions, auditable on blockchain
Blind transactions AKA Confidential Transactions (CT) Transaction parties are visible on blockchain, but the amount is hidden
Private transactions AKA RingCT Both transaction parties & amounts are hidden on blockchain

Security features

The security of the PART coin is second to none with several tools being available to increase the security of your funds.

Use hardware wallets, set up multi-signature addresses right from your mobile application, or store your funds (and even stake them) from a hardware device like the Ledger Nano S or the Trezor.

Multi-signature wallets Supported with Particl Copay
Ledger hardware wallet Supported with Particl Qt
Trezor hardware wallet In development Supported with Particl Qt
Staking from hardware wallet Keep your coins safe and stake them at the same time
Why Particl? Download & Explore

Particl Desktop

Particl Desktop is a modern, intuitive, and user-friendly desktop application. Make untraceable payments, buy or sell products and services online using the Open Marketplace, participate in community decisions, or start staking your funds. Particl Desktop is your point-of-access into the Particl ecosystem.

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