How Coin Center Is Helping Define The 'Big Fuzzy Gray Area' Of Blockchain And Cryptocurrency Law
Unchained
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Paycoin - How Does It Work?
Pay coin is a proof of stake, a crypto currency where there's no mining. You stake some of your value to take part in the consensus mechanism that does transaction validation and gets rewarded. Pay coin was created by serial scam artist Josh garza who had previous scames before this. He changed like a couple lines of code, honestly. There were some staking odes that were specifically identified in the code that earned supernatural returns. So basically we have to ask ourselves, who were those special stakers? Of course, they were also the pecoin developers.
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